The housing market in India currently looks something like this. Interest rates are going up(a lot, significantly higher EMIs) with an ageing population, fertility rates below replenishment in most states (avg. age will go up with time, older people need lesser space).
Residential rental yield is ~3%, nowhere near beating inflation.
Whenever the black money problem is resolved in India, this market would be most affected (for obvious reasons). Real Estate as an asset class becomes illiquid quickly, if you and a few around you sell together.
Whenever the black money problem is resolved in India, this market would be most affected (for obvious reasons). Real Estate as an asset class becomes illiquid quickly, if you and a few around you sell together.
Why then does a 1000 sqft. apartment still cost so much in Mumbai? 🤨 And why would you buy, if you can rent at 3 per cent...
#interestrates #fertilityrate #realestate #India
#interestrates #fertilityrate #realestate #India
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