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Real Estate, Hit By PM Modi's Shock Therapy, In Deep Crisis


TampaChinnodu

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1 minute ago, uttermost said:

vaadiki emundi bokka. teeskunna appu tirigi ivvakkarla ani mana Jaitley bhayya cheppindu ga. big bailout package through bank recapitalisation. even more on offer ani kooda cheppindu.

buyers ochhey daaka aagedhi ledhu.

black money is not the problem. The way economy is structured is. If you were able to buy those lands easily, you'll also be supporting those policies.

damn

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the best thing to do is, declare that the govt owns all lands, and they'll only be leased to whoever has the sale deed, until their and their spouse's death.

After that, govt reclaims the land and puts it back on the market. the kids don't automatically get it. Also disallow any loan to be taken by mortgaging the property.

This will decrease prices of lands. Its will be an entirely new economy, where people will stop overaction, oppressing others through their class, and not overconsume sh1t they can't pay for without loans.

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1 hour ago, kakatiya said:

To be honest rela estates price increase avvatam valla basic cost of living Chala perigipoindhi... Oka.hotel pettlanukunte 1995 lo hotel ki 10 lakhs and ki 5 lakh ayyedhi..ippudu hotel ki 20 lakhs land ki 80 lakhs ayyindhi..vaadu obviously 5 rupees tea no 15 rupees ki ammali..unless taste is super good people won't drink 5 rupees chai

it means that India has to move up the value chain. inka 5rupees ki tea ammukovaali antey, neoliberal policies won't help. we need a true socialist model if you want that. socialist means workers owning the factory, not the fake wine sipping elitist who's 'kind' enough to increase his worker's pay.

under the current economy, you rent a place and make stuff that is more worth and can sold in a market at a higher price. and to maintain that, you have to keep on improvising. which is impossible unless you own the place, and have spare cash to live off troubled times.

that's why non owners are fcuked in such an economy.

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