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Viewing 15 posts - 16 through 30 (of 33 total)
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  • November 4, 2007 at 3:54 PM #95481
    bsrsharma
    Participant

    In case of Russia, the reason is plain to see – in 5 years, oil has gone from about $30 to $96 per bbl. If receipts go up by more than 3 times, asset prices are bound to inflate to absorb all that flood of petrodollars. Every time we fill our SUVs, we inflate the Russian bubble some more; our hardship translates immediately into their prosperity. Another commodity is Gold – has gone up from under $300 to over $800 per Oz. Russia produces large amount of gold.

    November 4, 2007 at 3:54 PM #95475
    bsrsharma
    Participant

    In case of Russia, the reason is plain to see – in 5 years, oil has gone from about $30 to $96 per bbl. If receipts go up by more than 3 times, asset prices are bound to inflate to absorb all that flood of petrodollars. Every time we fill our SUVs, we inflate the Russian bubble some more; our hardship translates immediately into their prosperity. Another commodity is Gold – has gone up from under $300 to over $800 per Oz. Russia produces large amount of gold.

    November 4, 2007 at 3:57 PM #95414
    kev374
    Participant

    India is in a tough spot..wage inflation is much higher than in China, infrastructure is crumbling, Real Estate is extremely overvalued and employee attrition is at an all time high making doing business very difficult.

    As for the credit crunch in the US, I don’t think it would affect the Indian credit situation too much. Lending standards there are higher and very closely tied to one’s employment etc. so it’s reasonably sound compared to what is happening here in the US.

    November 4, 2007 at 3:57 PM #95485
    kev374
    Participant

    India is in a tough spot..wage inflation is much higher than in China, infrastructure is crumbling, Real Estate is extremely overvalued and employee attrition is at an all time high making doing business very difficult.

    As for the credit crunch in the US, I don’t think it would affect the Indian credit situation too much. Lending standards there are higher and very closely tied to one’s employment etc. so it’s reasonably sound compared to what is happening here in the US.

    November 4, 2007 at 3:57 PM #95477
    kev374
    Participant

    India is in a tough spot..wage inflation is much higher than in China, infrastructure is crumbling, Real Estate is extremely overvalued and employee attrition is at an all time high making doing business very difficult.

    As for the credit crunch in the US, I don’t think it would affect the Indian credit situation too much. Lending standards there are higher and very closely tied to one’s employment etc. so it’s reasonably sound compared to what is happening here in the US.

    November 4, 2007 at 3:57 PM #95472
    kev374
    Participant

    India is in a tough spot..wage inflation is much higher than in China, infrastructure is crumbling, Real Estate is extremely overvalued and employee attrition is at an all time high making doing business very difficult.

    As for the credit crunch in the US, I don’t think it would affect the Indian credit situation too much. Lending standards there are higher and very closely tied to one’s employment etc. so it’s reasonably sound compared to what is happening here in the US.

    November 4, 2007 at 5:29 PM #95484
    fun4vnay2
    Participant

    Regarding the lending standards in India, I am just wondering about the availability of funds/loans to the population of my small city in India, Since they are not really earning a lot to afford houses for 2millions INR.

    November 4, 2007 at 5:29 PM #95426
    fun4vnay2
    Participant

    Regarding the lending standards in India, I am just wondering about the availability of funds/loans to the population of my small city in India, Since they are not really earning a lot to afford houses for 2millions INR.

    November 4, 2007 at 5:29 PM #95491
    fun4vnay2
    Participant

    Regarding the lending standards in India, I am just wondering about the availability of funds/loans to the population of my small city in India, Since they are not really earning a lot to afford houses for 2millions INR.

    November 4, 2007 at 5:29 PM #95499
    fun4vnay2
    Participant

    Regarding the lending standards in India, I am just wondering about the availability of funds/loans to the population of my small city in India, Since they are not really earning a lot to afford houses for 2millions INR.

    November 4, 2007 at 9:43 PM #95665
    Coronita
    Participant

    Deepak,

     

    With all due respect…The last folks you probably should be seeking advice from are a bunch of Americans on the state of real estate in India. I'm sure most folks here have very little knowledge of how India markets work, including the RE market. The only thing I have ever heard about RE in India was when coworkers talked about how expensive it was in Bombay and Bangalore…and their mere mention of something called "riot insurance" was enough for me to tune out.

    November 4, 2007 at 9:43 PM #95724
    Coronita
    Participant

    Deepak,

     

    With all due respect…The last folks you probably should be seeking advice from are a bunch of Americans on the state of real estate in India. I'm sure most folks here have very little knowledge of how India markets work, including the RE market. The only thing I have ever heard about RE in India was when coworkers talked about how expensive it was in Bombay and Bangalore…and their mere mention of something called "riot insurance" was enough for me to tune out.

    November 4, 2007 at 9:43 PM #95730
    Coronita
    Participant

    Deepak,

     

    With all due respect…The last folks you probably should be seeking advice from are a bunch of Americans on the state of real estate in India. I'm sure most folks here have very little knowledge of how India markets work, including the RE market. The only thing I have ever heard about RE in India was when coworkers talked about how expensive it was in Bombay and Bangalore…and their mere mention of something called "riot insurance" was enough for me to tune out.

    November 4, 2007 at 9:43 PM #95739
    Coronita
    Participant

    Deepak,

     

    With all due respect…The last folks you probably should be seeking advice from are a bunch of Americans on the state of real estate in India. I'm sure most folks here have very little knowledge of how India markets work, including the RE market. The only thing I have ever heard about RE in India was when coworkers talked about how expensive it was in Bombay and Bangalore…and their mere mention of something called "riot insurance" was enough for me to tune out.

    November 5, 2007 at 7:49 AM #95781
    fun4vnay2
    Participant

    THanks,

    I am just seeking some objective/unbiased opinions on some phenomenon happening in far east as I find writings by people on this board quite interesting and enlightening.

    Anyway, apart from this, I believe economic fundamental remains the same irrespective of time or place.

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