Last chance to Real Estate speculators to escape

Many guys do not understand the RE cycle and making fun on the people who are bearish on RE sector. The cycle normally lasts for years. As I said elsewhere in the forum, the boom period ends 2 years back and now is ready to fall. 2013-2014 is the year we are going to see huge downside.

Share markets are under tremendous pressure and falling 100 points easily with only 300 crores selling by FII's. That shows the depth and mood of the markets. Imagine if all the ETFs want to go simultaneously. Even a 5000 crore selling casue nifty to nosedive to 4000 levels.

Whatever RE rates are quoted by people now are imaginary rates. Whoeevery buys RE for the past few years are not sitting in profit as per my analysis  ( They buy at 40 Lakh and then think the price is 70 lakh or 80 lakh), we need transactions at the new price to accept.

China is very busy pricking the bubble and their inflation is at moderate level. Still they think their inflation is high. We are busy cutting rates and nobody talks about the need to prick the bubble. Actually this Indian mentality gives me more confidence that the coming bubble burst will be huge.

Corrupt government, corporate mafia, cheater builders and media brokers are in the same page regarding the bubble and recently they have successfully postponed the much awaited (even watered down) RE bill supposed to be passed in parliament.

All 2-tier and 3-tier cities real estate transactions have come to stand still. Now actually I see bulls are desperate unlike we were desperate few months back.

Basically I see RE bulls have exhausted all their options and now with the corrupt government has ran out of options and also counting the days. I don't think RE can be saved.

People who bought house should do fine. But whoever invested hoping for a killing would do good if they escape with whatever profits or minimal loss.