Alpha Smurf

Has A Global Housing Slowdown Begun? [Housing Tracker]

On India reality - the Developers (of property) are putting up a brave face at an astronomical rise in prices in the past 4 years. Their greed is unending....so much so they are refusing to acknowledge the sharp drop in sales this calender. Somebody has to relent....and the truth is the buyers won't.

I would say dont invest in India property till 2010. The market is still superhot on prices and there is a long way to go for both land, residential and commercial. Correction will be slow and time based since most developers are flush with funds....but incomes havent risen astronomically as realty prices.