Time for Real estate Moderation ??

[msn1270]

Hi Pals,

In the recent weeks, i'm hearing lot of so called IT tech/E-Tailor companies are announcing pink slips/layoffs one after the other.
Ranging from HP, General Motors, Cisco, Cognizant, Wipro, Tech Mahindra, Snapdeal, ....etc for various reasons ranging from IT
automation eliminating manual works, appreciation of Rupees against Dollar which is reducing the margins of the companies,
Protectionist measures taken by US, UK, Australia, facing difficulties in managing experienced(expensive) resources....etc.
Not sure, how many more such news is expected in the coming days.

It can affect the real estate market to some extent, as people from these segments are the ones who are also majorly called as
Investors. It can also lead for desperate re-sales in the secondary market.

Those who wants to buy/invest...etc, first take care of your income source and then take a judicious decision. Its not time to go
for loans for 20 or 25 years when you have uncertainty in front of you.

As U said some times back, always have a good cash reserve enough to survive for at least one year.