Wilhelm Laubach (Marketer) (24 Points)
19 May 2009
As we see this year every month some banks getting failed and there is amid mounting losses linked to rising unemployment and the slumping housing market.
Is it safe to
stock investing while these recessions are still going on, If "Yes" what are the primary precautions should be taken these days before investing in any stocks which are related to Housing markets? I am bit nervous after losing some of my money…
CA CS Bhumika Thakkar
(CA,CS)
(1618 Points)
Replied 19 May 2009
realty will be goin up only nw..so housing sector is safe..
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 19 May 2009
Relity sector is expect s to go up in near future as there is always constraint of place. The resource are limited and on top of that demand is increasing.
So even if there is enough place available builders are creating dummy shortage of place and thus increasing prices at there own.
One bank failed does not mean every bank. so by looking at initiative taken by govt to curb the frauds etc we can expect moderate view from market for banks in housing.
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