On 2022-11-01, I asked why a 1000 sqft. apartment still costs so much in Mumbai and why someone would buy if they could rent at 3 per cent. These were questions, not a settled explanation of Mumbai prices or a decision about buying versus renting.
On 2022-11-01, I described India’s housing market as facing rising interest rates and significantly higher EMIs, alongside an ageing population and fertility rates below replenishment in most states. I expected average age to rise over time and said older people need less space. These were observations, not a quantified analysis; I gave no data or sources for them.
I said residential rental yield is ~3%, nowhere near beating inflation.
I said that whenever the black money problem is resolved in India, real estate would be the market most affected, “for obvious reasons.” I did not explain what would resolve the problem or quantify its effect.
I described real estate as an asset class that becomes illiquid quickly if you and a few around you sell together.
On 2023-04-26, I called the situation a short-term phenomenon and argued that it would not work while people could rent at 3 per cent and housing-loan rates were over 8 per cent. If the market had to reach equilibrium, my bet was that house prices would go down rather than rent going up. I gave no timeframe or supporting data for that view. https://t.co/3WydeTlDba
On 2024-10-09, I called real estate the largest asset class in the world, while admitting I might not like it because I likely did not know enough about it. I introduced the subject as personal and associated with old friends, and mentioned #IrfanRazack, #NirupaShankar, and @karan_virwani10. The linked content is not available in the capture, so I cannot establish what it shows or how those people relate.
On 2024-10-14, I asked “WTF is real estate?” and announced that the full episode was out, directing people to watch it. I tagged #IrfanRazack and #NirupaShankar and mentioned @karan_virwani10. The post includes https://t.co/Z2OKU8yh6K and https://t.co/LsjD5MCnfY, but the capture does not identify the episode’s contents, participants’ roles, or hosting platform.