There is a worrisome trend today.
People take loans to acquire properties - not just for home for self use, but for investment in home and land.
The current thinking among most investors is that property is the only asset that will give good returns.
One may wonder - what is so worrisome about this?
The point is that investors are going in for multiple properties, in many cases liquidating most of what they have and taking a loan for the rest.
Text: Business Standard
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