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bsrsharma
ParticipantIt is a British comedy program called “Bird & Fortune” The Original video is here
bsrsharma
ParticipantIt is a British comedy program called “Bird & Fortune” The Original video is here
bsrsharma
ParticipantIt is a British comedy program called “Bird & Fortune” The Original video is here
bsrsharma
ParticipantIt is a British comedy program called “Bird & Fortune” The Original video is here
bsrsharma
ParticipantSince they are probably unsophisticated folks, you can just suggest a simplistic formula for upper and lower bounds for price. For El Cajon, a price of $100/Sqft or less is a DEAL and $150/Sqft or more is NO DEAL. Any thing in between, let them use their discretion. While obviously trivial in complexity to track market bottom, this should at least save them from getting utterly destroyed.
bsrsharma
ParticipantSince they are probably unsophisticated folks, you can just suggest a simplistic formula for upper and lower bounds for price. For El Cajon, a price of $100/Sqft or less is a DEAL and $150/Sqft or more is NO DEAL. Any thing in between, let them use their discretion. While obviously trivial in complexity to track market bottom, this should at least save them from getting utterly destroyed.
bsrsharma
ParticipantSince they are probably unsophisticated folks, you can just suggest a simplistic formula for upper and lower bounds for price. For El Cajon, a price of $100/Sqft or less is a DEAL and $150/Sqft or more is NO DEAL. Any thing in between, let them use their discretion. While obviously trivial in complexity to track market bottom, this should at least save them from getting utterly destroyed.
bsrsharma
ParticipantSince they are probably unsophisticated folks, you can just suggest a simplistic formula for upper and lower bounds for price. For El Cajon, a price of $100/Sqft or less is a DEAL and $150/Sqft or more is NO DEAL. Any thing in between, let them use their discretion. While obviously trivial in complexity to track market bottom, this should at least save them from getting utterly destroyed.
November 4, 2007 at 3:54 PM in reply to: Effect of credit crunch/subprime mortgage on Indian Real Estate and worldwide real estates #95411bsrsharma
ParticipantIn 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 in reply to: Effect of credit crunch/subprime mortgage on Indian Real Estate and worldwide real estates #95468bsrsharma
ParticipantIn 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 in reply to: Effect of credit crunch/subprime mortgage on Indian Real Estate and worldwide real estates #95475bsrsharma
ParticipantIn 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 in reply to: Effect of credit crunch/subprime mortgage on Indian Real Estate and worldwide real estates #95481bsrsharma
ParticipantIn 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 11:18 AM in reply to: Effect of credit crunch/subprime mortgage on Indian Real Estate and worldwide real estates #95377bsrsharma
ParticipantI think a lot of the upsurge in Emerging market prices is due to Globalization. All those exported goods & services are generating cash flows and increasing wages & purchasing power. That may get slightly negatively impacted by US recession, but not much. After the last recession, US businesses increased outsourcing and I expect same thing this time. In fact, if there is a severe recession, I think the Big three Autos may entirely move the production offshore (like consumer electronics or textiles). That has to increase valuations of emerging market assets.
November 4, 2007 at 11:18 AM in reply to: Effect of credit crunch/subprime mortgage on Indian Real Estate and worldwide real estates #95433bsrsharma
ParticipantI think a lot of the upsurge in Emerging market prices is due to Globalization. All those exported goods & services are generating cash flows and increasing wages & purchasing power. That may get slightly negatively impacted by US recession, but not much. After the last recession, US businesses increased outsourcing and I expect same thing this time. In fact, if there is a severe recession, I think the Big three Autos may entirely move the production offshore (like consumer electronics or textiles). That has to increase valuations of emerging market assets.
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