Now to put it in terms of Indian real estate bubble - here is the scenario -
1) IT professionals (or allied industries) started earning money in US$
(1500 US$ pm is a good pay in India). Note that this is Outsourced
money [platinum coins in Gold Coin economy]
2) Newly joined IT workers - start purchasing property (Bubble […]
Entries Tagged as 'Economy'
Real Estate Bubble 2008 : Part 2 (Indian context)
October 31st, 2008 · No Comments · Economy
Tags:
Real Estate Bubble 2008 : Part 1
October 31st, 2008 · No Comments · Economy
I found it quite interesting in track.in articles and thought it would be great article for market readers. I am producing the comment verbatim here..
STORY OF PUNE REAL ESTATE
Once there was a little island country. The land of this country was
the tiny island itself. The total money in circulation was 2 dollars as
there were only […]
Tags:















