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              Will prices fall   

 

          This question is important for home buyers as well as investors people comparing  2008 financial crisis with lockdown period both situations are different

 

In 2008 there was a global financial crisis because big companies like Walmart , Ross stores, etc. have heavily invested and India all so got lost of FDI…….

 

As a result prices have gone high and bubbles have created in the market after the bubble burst prices fall dramatically……….

 

But this lockdown scenario is completely different from the 2008 financial crisis…... 

 

As you know the past few years were not so great in terms of the financial activity developers have set the price according to the market with very less margin as liquidity is not available.

 

Affordable housing prices are set according to the market…...

 

People just have posed for this period and banks are providing loans with only 5.99% interest will give power to the buyer due to this demand will definitely increase or stay the same after lockdown……..

 

All this cash in the market will facilitate the buyer to increase demand so No price drop eventually.

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