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Moneycontrol.com >> Message Board >> View Messages >> Odd One Out
   You are here :     Moneycontrol     MMB    General      Odd One Out                         Most active discussions of 2006 , 2007 & 2008
Hello rich men go slow on real estate... (24)   25-Jul-08 09:12Tracked by (0)  
Posted by:   radhika_nandlal on ( 25-Jul-08 09:12 )
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Its a sin to own more than a couple of properties in India. The moneyed class is escalating real estate and rental incomes by owning multiple homes. Dont they ever feel guilty to own so many when they see pavement dwellers. If you have that kind of money invest in stocks or keep it as FDs or the various other schemes that build our nation Buying real estate only hampers the nation's growth encouraging poverty and inflation. Please sympathize with the poor and try to cut down on your real estate greed. Those that have more than a couple of home should let it out to old age homes or those that are trying hard to make ends meet.
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