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Want to buy a home? Better wait for now!

November 12, 2008

In brief, it has been a reversal of fortunes for the residential property market, which till last year was on a bull run.

Despite the current lull, it is an established fact that returns from real estate in the long run are second only to returns from equities. While a slump in any asset class provides an opportunity for rich pickings, should you invest in real estate now?

Image: Workers at a construction site in the suburbs of Mumbai. | Photograph: Rob Elliott/AFP/Getty Images

Also read: Asia's top 10 shopping destinations

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