Friday, January 30, 2009

Benefits of Recession ...!!!


The ongoing recession, being cursed by everyone, can actually, in a small and smart way be seen beneficial in certain ways. Analyzing the situation worldwide with a little logic and from both ends (sellers as well as buyers). Thus we shall see the following ways in which recession is beneficial in a little way:


Lowering real estate cost: The sellers who invested previously for short term gains, shall not be impressed with the current trend of deteriorating housing prices. However, from a buyers’ point of view it is indeed the right time to go for the purchase. Anyone who has been deciding on buying a new house , now is the time to utilize and draw out the benefits.

Stock price deterioration: Investors who want to gain in long term investments through holding stocks , can now call the deal. As there is no better time than the present scenario to go for quoting stocks. All the houses which have a proven track record are having cheap stock prices beyond normal. So this is the correct time to bet big with little cash.

Lower rates of Mortgage: The Reserve Banks or the Federal Banks have lowered mortgage rates reasonably to counter recession. Also low mortgage rates would encourage real estate investments. Thus, it is an excellent time to actually invest in property.

Better Deals at cheaper rates : The recession have made manufacturing houses and even travel agencies and companies to provide awesome bargains to keep a continuous flow of business. As consumers are on a back0foot and are cutting down their expenses in all possible ways , the stores and manufacturers have pointed out the need to provide more for less. Thus, this time is ideal for purchasing consumer durables and going for holidays over long travel routes.

1 comment:

  1. Hi, U have such a good blog & the posts are also interesting. Keep rocking. I already added u in my friend list i hope u will add me too. All the best from my end. Have a nice day, bye.

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