zwjy

Fair point pimpineasy.

Ok let us talk specific. I believe that EM stocks, specially India is overheated and is up for a correction. Which sector/Stocks are you referring to Ashwin?

and i feel the same for EM Real Est too. one year back the situation was different though.

I am bullish on US R.E. I think it has bottomed out or will bottom out in another 3 months.

Let us take this specific case of US RE
Cost of R.E- $420K
Down-$50K
Leverage for 30 yrs @5%- $370K. This makes monthly mortgage of $1985
Taxes pa.- $6k
Maint p.a.- $4.2 K
Rental Income- $25K p.a.

What do you say?