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Stock market correction doesn’t make sense for property purchase

The recent correction of Indian stock market has reignited the age-old debate of real estate versus stock market. In the last few weeks I am asked at various forum, it’s rather bombardment of arguments, why I don’t accept the reality of property market being a safer bet with lesser volatility. A little bit of correction in stock market makes every stakeholders & influencers of property cite it as to how property is the safest asset class. All that I can say is that I am amused with the logic, or rather lack of it.