Fremont Real Estate Realtor

The Political Case to Short India

Yes Pakistan's heightened instability is bad news for India, but India has been fighting these battles, since its birth.

India's middle class will continue to enlarge, and will drive domestic consumption more importantly these next 5 years. It's a given the Indian economy will be stronger and bigger in the future. The recent sharp weakening of the rupee against the dollar will reverse. The appeal to send money to India to simply invest in CDs is enticing right now. The big question is what the impact of real estate speculation will have on the economy, and how long it'll take the middle class to absorb all the real estate currently being held vacant by speculators.

The Indian Economy and Gold Imports

neither of you addressed what's happenning with Indian's real estate bubble. The Indian real estate market was primarily driven by speculators, financed not by subprime and loose lending standards, but with black money. Does anyone have statistics on how the real estate market is faring and its impact on the GDP growth this year?

thanks