Why housing real estate remains a losing proposition
It makes sense to calculate the real increase in housing prices by subtracting the retail inflation rate from the increase in prices.
Data from the Reserve Bank of India (RBI)’s house price index (HPI) shows that housing prices appreciated by 4.5% in the three months ended September from a year earlier. This is the fastest they have risen in a while. The last time they rose faster was in the quarter ended December 2018, when they had increased by 5.1%.
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