Random Thoughts

Raj Rajendran’s Blog

Chennai expensive than Bangalore

And is expensive than the moon !

Read this article on IBN

I am pretty darn sure this is a bubble and is going to burst soon. Look what happened to the real estate bubble in US. India follows the trend in US whatever it may be , like dot com boom, bust, stock market crash, real estate bubble. The bubble should burst as it did in the US. Not that I would love for that to happen, but it does need a correction. If a Software engineer working in US for 10 years can’t afford to buy land, then I think something is wrong.

We’ll see !

June 21, 2007 Posted by Raj | India | | No Comments Yet