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Investors Advice discussions and advice. Participate in ongoing dicussions and get invaluable Investors Advice advice from people who are experts in their industries or start a new Investors Advice discussion.
Hamad Raza
( 17 posts )

[175 Replies]
What are the comments of experts on the statement of chairman fbr. "property prices soon will come down!"

    90 days ago In Investors Advice
    Post Answer
    Abdul Qayyum
    (2029 posts)
    Arshad sb

    We have bought petrol at Rs 124 in the year 2014 and Rs/$ parity was also way low!

    I remember one lac in bank deposit used to give Rs 1800 per month: Calculate the then inflation yourself, sir?

    Where were us Buqrat and Aflatoons in those days?

    اگر کوئ منہ کھولتا تو اس کی بولتی بند ہو جاتی!
      45 days ago 

      JDM
      (730 posts)
      As per advice of Abdul Qayyum Sb. I have been trying hard to share something positive about this government and after a great struggle this is one piece I was able to find.


      Islamabad Administration Tax collection stats

      July 2017: Rs 55.6 crore
      July 2018: Rs 66.9 crore

      And in

      July 2019 : Rs 189.3 crore

      We have acheived 3 times more taxes as compared to last years under PMLN.
        45 days ago 

        Abdul Qayyum
        (2029 posts)
        JDM sb

        This is the 1st and only opportunity to strengthen Imran govt amid his "rim jhim" of failures.

        1st time we are seeing bold decisions, the career politicians, would never have done this! Never had thought of this?

        There are only few forums in Pakistan having good clintage of readers and zameen is one of them.

        Sir, everyone now thinking of being a filer, Is this a bad news?

        Did any of our leaders presented Pakistan outside as bold as Imran is doing?

        Things are changing, Imran would be able to do little but embrace the change, smell new cool wind. Smell future.

        See our govt in foreign policy and think of Nawaz who did not bother to even get a foreign minister for years and years.

        Patience, sir, patience

        4 years too less to clean kachra of previous dudes.
          45 days ago 

          Isloo1
          (569 posts)
          This guy is truly amazing. Has incredible ability of describing complex phenomenon and situations in simple words.

          https://youtu.be/vt5exB_IxTU

            45 days ago 

            Speedgear2@g..
            (78 posts)
            Very eloquent nonsense 3 minutes into the video. Thanks sir.
              45 days ago 

              Arshad
              (768 posts)
              Abdul Qayyum Sb

              At that time oil prices were over $100 per barrel, today oil is $60, so if oil prices go up again then petrol could be over 200 rupees, but there is a risk of further devaluation which could increase prices further. Most people are living hand to mouth, so will have to cut down consumption elsewhere in order to pay for higher prices, maybe even shifting to a house with cheaper rent.

              Economy is slowing down and collapsing so not much opportunities for business or investment.

              It is safer for me to keep 20 million rupees in the bank where my money is increasing by around 14% than to buy a house that would yield me 3% rental income, which means people will not be investing in property. Besides government has launched inflation bomb and now to reduce its damage wants public to NOT spend their money which is losing its value by the day by offering inflation beating interest rates.

              So you have the poor having to cut down consumption, and the rich being encouraged not to invest or spend but to save the value of their money, so it cannot be good for economy or job employment. There is also great disatisfaction with the political process. World economy is also due to start slowing down and a global recession can happen at any time with the worlds two biggest economies at war, so foreign inflows could dry up. US has reduced interest rates to stop economy from going into recession. Environment is being created for anarchy.

              As far as previous governments not being able to make hard decisions, well it was difficult when media was portraying everything as doom and gloom despite a booming economy, and dharnas were organised by the establishment to undermine the peoples government, and to thwart the will of the people.

              I hope that Niazi completes his 5 years so that people can learn a lesson and improve their common sense. As someone great said once, common sense is not very common.

              Our Nero play fiddle while Rome burns.
                45 days ago 

                Afzaish ahma..
                (1 post)
                Very well said Arshad Sb. This is reality and your portrayed true picture. Baki tu sab batein hi hain...Khawab hi hain... Ground realities different hoti buhat.



                Agar Imran ny 2 kaam ache b kar diye......aur 8 kaam kharab kar diye tu at the end loss hi hoga sara.......



                You all people ignore the 80-90 common people are middle / lower middle / poor class.
                  45 days ago 

                  Isloo1
                  (569 posts)
                  Speedgear2

                  Political fanaticism is what we are confronted with that defy all logic and reasoning. This is what this guy puts so eloquently that I could not define even in thousands of lines.

                  Radicalization and fanaticism that we are dealing with comes in all types and shapes. Unlike other parts of the world, it is not naturally grown here but mostly incubated in hatcheries.

                  @Arshad: thank you for such an informed and learned piece, indeed your logic and reasoning make sense. But it will fall on the deaf ear of political fanatics who will now target you as another boring "patwari". So welcome to the club.



                    45 days ago 

                    Abdul Qayyum
                    (2029 posts)
                    Arshad sb.



                    Sounds logical. Let us see how it goes?

                    Next year would set the right or wrong path of Imran govt.
                      45 days ago 

                      Arshad
                      (768 posts)
                      Abdul Qayyum Sb



                      Whoever comes to government should work for the country. We should ignore the rhetoric or the name of the PM, but should just consider GDP growth, inflation rate, interest rates, exchange rate, stock exchange indices, and PSDP allocation to know who is serving the country and who is serving himself. We do not need to get into long arguments. People can lie but numbers do not lie.



                      I do not care who the PM is so long as the common man is getting a better quality of life than before, as it is only through the progress of the common man the country can realise its potential.
                        45 days ago 

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