It's [a] black money bubble and [this] bubble is further falsely supported by the banking Industry. If housing falls, many banks will vanish into thin air. I would bet my money that housing is falling and will fall further to a level that a few real estate developers will have to commit suicide.
It’s an interesting game. Banks, insurance and leasing are buying top properties and holding onto it and adding more bubbles. Along with that, Bashundhara and Jamuna blocked the development of Purbachal to increase land price and their sale of lands. All these elements are making things woeful. However, equilibrium will come soon but at [a] heavy price.
Mashid Rahman
It is a bubble and it will burst soon.
Sarfaraz Khan
A fantastic and timely piece. Expect to see more such articles from Dhaka Tribune.
Asif Khan
The price of land in Dhaka has mainly increased as there is no scope of investment. So, the huge remittance that the labourers abroad send directly goes to the land as they prefer investing on land as a safer option.
Faceless Man
Wow. When our labour is among the cheapest, land prices in Dhaka, especially in Gulshan and Baridhara, are among the most expensive in the world. Now that is some economic discrimination!
Riffat Imam Auditho
And it doesn't make any sense.
Shajia Ahmad
Unfortunate.
Shakil Ahmed
