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Lahore Real Estate Forum: Property News & Community Talk : ,

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   FRH
Friday, November 30, 2018 06:16 AM 
Reply: >
Dollar 145???
History is being made by this Govt.

:cl :cl
Mustanser replied on Friday, November 30, 2018 06:28 AM 

Tou or rakho prices uncontrolled . Har cheez ki price out of reach. It’s an economic halt because of unreachable prices of commodities.

Next up economic recession.
Naveed786 replied on Friday, November 30, 2018 08:01 AM 

International Oil price have been reduced from 70 to 50/barral but Asad Umer is not telling truth to reduce prices in Pakistan Boht jald logon ko aqal ajae gi yeh tabdeeli kis liye aai hai or ab Sara paisa kis ki jaib me jaraha hai.
Thinker replied on Friday, November 30, 2018 08:11 AM 

Dollar will hit 160 by Feb 2019
Khan88 replied on Friday, November 30, 2018 09:11 AM 

Dollar is expected to be 150 by June 2019 - as per IMF demand. Interest rates to be above 10% soon, both of these means stock prices/property to reduce. Which believe it or not is a great thing for everyone including investors.

This means in few years there will be a massive boom in the property cycle, it is just stupidity to invest in stock/property right now, people should wait a few years.
Khan88 replied on Friday, November 30, 2018 09:38 AM 

* Sorry just to add: obviously not good the common people especially the poor due to commodity/living prices increasing.

Those who think it is this government doing it have no understanding of how economics/business works. This is thanks to the last government especially Ishhaq Darr.
Rao Asif replied on Friday, November 30, 2018 11:25 AM 

@Khan88 So what to do now? Where to invest?
Thinker replied on Friday, November 30, 2018 12:36 PM 

To answer the last question, invest your money in productive sectors which creates jobs and running income. Imported items will get very expensive so there is business opportunity in making those things locally. One example is Cheese. Imported cheese will be very expensive so locally manufactured cheese will sell more with good profit margins. Similarly imported fruits and vegetable will get expensive, so locally grown produce will sell more. I can give many more examples like this. There is no point in spending 1 crore on a plot and sit on it for 5 years with no hope of increase. Remember non filers cannot buy property and this condition is not going to get waived, so practically there are no buyers right now or in future as well.
Khan88 replied on Friday, November 30, 2018 01:34 PM 

@Thinker:

Very well written response.

@Rao Asif:

There are various options:

Global stocks/property are not recommended as they are over-valued. FTSE100, DowJones, NASDAQ have all come down this year and there is more corrections to go. Real Estate bubble exists globally e.g. London, Sydney, Vancouver and prices have started deflating there as well. Bitcoin e.g. is now trading at less than $4K, decline from peak of $20K last year.

What Thinker mentioned is a good option but requires reasonable amount of capital plus full dedication from you (time/effort).

Generally in time of distress, gold is the best option to sustain value. Buying dollar is another to preserve buying power (especially if you think Fed is going to increase rates). Another one is investing in Pakistan, depositing money in a Pakistani Bank deposit, a return of 10% is not bad per year return.
Thinker replied on Friday, November 30, 2018 02:49 PM 

Khan88 - Thanks.

Interest rate has been set at 10%. Next month profit rates on National savings will increase to 11 to 12 percent. That is a good option.
FRH replied on Saturday, December 1, 2018 06:02 AM 

Please don't consider of earnings from haraam sources i.e. interest (sood).
Mirza replied on Sunday, December 2, 2018 08:04 PM 

@Thinker mentioned some great options.

But honestly, this stuff require dedication and time.

What are some other passive options beyond gold/dollor ?

What do you think about property in saturated market ? Like Johar town Lahore ? Will it drop ? It can give 5% rental income and some gain may be ?
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