Friday, July 29, 2005

warnings about a housing bubble bursting

jul 29th

the housing bubble has sustained us growth. when this bursts, all hell will break loose.

there are lessons for the bubble in india too esp in bangalore.

the bubble has already burst in the uk and australia and in some places like denver in the us.

http://www.aei.org/publications/pubID.22898,filter.all/pub_detail.asp

1 comments:

o b e l i x said...

Tell me about it.

I have my fingers in Bangalore real estate but I am too scared to touch SF Bay Area's real estate. The latter would ruin me if it busts.

Great work Rajeev. I have been a mute reader of your blog.

anand