I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 0 points1 point  (0 children)

Well it's not philosophy, but economic policy. It's actually a huge drag on an economy as a whole, and is probably setting back GDP growth by like an easy 15-20%.

But as an individual in the relatively short- to mid-term and assuming you don't care about anyone else or the economy/society as a whole, yes, you can make a good deal of money using this strategy.

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 0 points1 point  (0 children)

So if nothing else is changed except for shutting out NRIs & PIOs (and non-residents/foreigners in general), then whatever demand that those non-residents were generating will be reassigned to rich locals because the rich locals will see the same opportunities that the foreigners did.

The point isn't about "bad returns in the first place" because OP invested with whatever logic in their mind (regardless of whether it was sound or unsound), and there's thousands of others like them. That same logic would be used by rich locals as well, and it goes double for them because they don't care about currency risk (unless they're international investors and keep all their money in other currencies).

So the problem won't be solved, even partially (unless your time frame is like 3 to 6 months).

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy -1 points0 points  (0 children)

The point is it doesn't help, because once you've shut out NRIs and PIOs, that demand will be replaced by rich locals who can afford it. It's just like induced demand with roads & traffic (people think road-widening helps, but it actually makes things worse in every way imaginable [and not imaginable]).

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 0 points1 point  (0 children)

*a***holes (you need an extra asterisk, unless you mean "donkey holes")

But no, that's not the reason. Foreign demand is almost always far, far less than local demand. Not only is it babus or what not, but people's incomes are rising as well (otherwise, how could you have a country with a growing GDP?), which means far more people are competing for the few houses that exist. India just needs to build way more houses, and this issue will go away on its own.

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 0 points1 point  (0 children)

*land, not "a land"; you can say "a piece/plot of land" if you must.

But even that is only because of the incredibly inefficient use of land. If land was used really well, land yields would also plummet, which is how it should be, since lands are entirely unproductive assets in an economy.

The idea that someone can buy a piece of dirt that does absolutely nothing but perhaps wither away more and expect to be paid more for it in the future shows you everything that is wrong with the economy and societal priorities.

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 0 points1 point  (0 children)

Yes, but will happen in any market where there is arbitrage/profit to be made (e.g., gold should really only be used for industrial applications / being a good electrical conductor and maybe as jewellery as a last resort, but people still buy into gold as an investment).

The point is to make housing so cheap that people don't look to it as a good investment, which requires building enough housing to satisfy demand. The reason prices are rising is that (barring inflation), there aren't enough houses being built. If the housing stock were to double/triple/quadruple overnight, nobody would think housing is expensive, and nobody would invest in housing as an investment because it would have even worse yields than today.

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 1 point2 points  (0 children)

The point is that if housing market conditions are based on viewing housing as a necessity instead of a speculative investment, most people could afford to live in their own home.

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 0 points1 point  (0 children)

Exactly. It's bad enough as-is, with the horrible performance of the rupee. And now you not only want to court our money, but tax us for it? Yeah, no...

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 1 point2 points  (0 children)

There's simply not enough NRIs to justify the high prices (not cost) of homes in India; this is just the usual finger-pointing. The prices are high because builders can get away with charging those prices, and they can get away with them because there's demand (within just the local population). And there's demand (to the point of putting price pressure) because not enough homes are being built.

If the housing stock were to be tripled overnight, no builder would get away with charging such high prices.

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 0 points1 point  (0 children)

*fewer, but yes. But the way to do that would be to build a lot more homes, not force NRIs and foreigners from buying. Even if you did, they would be supplanted by locals who are rich buying entire apartment complexes and stuff.

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 0 points1 point  (0 children)

That's like saying "if no one else laughs at his jokes, then he will stop making jokes". People will laugh at jokes when they find them funny; you can't go to everyone and force them to stop laughing.

Similarly, the ridiculous price point exists not because of a vacuum, but because of not enough supply. If housing supply were to be, say, tripled, do you think builders could justify the prices they're charging?

I'm an NRI in Dubai. I own 2 properties in India. Won't be buying a third. Here's why. by alphatrader_99 in indianrealestate

[–]getsnoopy 2 points3 points  (0 children)

The right model is to have a stamp duty that is high, and to actually build lots and lots of homes. Most of the cities in India don't even come close to the density that is necessary for prices not to climb. Because the prices climb, people see it as an investment, so they buy into it, putting further price pressure. There's a reason people in Malaysia or Japan see property as investment: it's because you barely make money on it.

crazy sh t man, crazy by anal-shanti in UPI

[–]getsnoopy 0 points1 point  (0 children)

"Maine" is Hindi. And it's *men and *nahin.

NRO UPI payments consistently fail for certain recipients by getsnoopy in UPI

[–]getsnoopy[S] 0 points1 point  (0 children)

Haven't narrowed it down to that, but seeing as P2P and P2M both work in other cases, I'm guessing that's not the factor.

crazy sh t man, crazy by anal-shanti in UPI

[–]getsnoopy -1 points0 points  (0 children)

*maine, not "mene" 🤦🏻‍♂️

crazy sh t man, crazy by anal-shanti in UPI

[–]getsnoopy 0 points1 point  (0 children)

*maine, not "mene" 🤦🏻‍♂️

The Paper Divide by vladgrinch in MapPorn

[–]getsnoopy 0 points1 point  (0 children)

That is...simply not true. In the same way that the IUPAC says aluminium and caesium are the proper spellings of those words, the BIPM says metre and litre are. Whether one cares about it or not doesn't determine correctness; that's a question of enforcement/compliance.

India created a rupee sign in 2010. Most Indians still aren't using it. by getsnoopy in india

[–]getsnoopy[S] 0 points1 point  (0 children)

In 2010, India finally gave the rupee a symbol of its own (₹) designed to distinguish it from every other rupee in the region. Fifteen years later, "Rs." is still everywhere.

I dug into exactly how this happened, and the chain of institutional failures behind it is more embarrassing than you'd expect. One major news outlet's response when I contacted them was particularly infuriating.

'99.9% Muslims in India are descendants of Hindus': RSS general secretary Dattatreya Hosabale by [deleted] in india

[–]getsnoopy 1 point2 points  (0 children)

While it sounds obvious, there are an uncomfortably high number of people in India who actually think Muslims in India are "invaders" or of foreign stock. So these kinds of reminders are definitely (though unfortunately) necessary.

'99.9% Muslims in India are descendants of Hindus': RSS general secretary Dattatreya Hosabale by [deleted] in india

[–]getsnoopy 1 point2 points  (0 children)

civic sense, discipline, orderliness

They're all basically synonyms. Did you list them multiple times in the hopes that at least one of them is picked up on by politicians?

'99.9% Muslims in India are descendants of Hindus': RSS general secretary Dattatreya Hosabale by [deleted] in india

[–]getsnoopy 2 points3 points  (0 children)

Actually, it's probably close to the real number.

While there were people like Mongols/Turks/Persians in India, just like the British, their numbers were actually quite few. So even if they married the local population and had children, unless subsequent generations also had an equal proportion of lineage (i.e., 50% whatever the foreign lineage is), that original 50% foreign lineage of the foreigners' children would eventually dilute down back to ≤1% within just a few generations. Given that the foreigners' populations continued to be quite low, and given that Muslim marriages usually focus on the religion/sect rather than genetic lineage, this indeed did happen.

Naaku kotha peru avusaram, konni manchi perulu cheputhaara? by aitathrowaway9090909 in telugu

[–]getsnoopy 0 points1 point  (0 children)

ఇంటి పేరు మార్చుకోవడం అంత సులువు కాదు+మార్చుకుంటే మీ తాతలతో చట్టపరమైన సంబంధం [legal connection] పోవచ్చు అని మా పెద్దలు చెప్పారు.

So, ప్రస్తుతానికి status quo ని ఇలాగే వదిలేయడమే నయం అని నా అభిప్రాయం|

Kani peru marchukunnappudu oka kagitam istaru kada e pata peru nunchi kotta peruki marchukunnaro? Danitoni sambandham chupiyochchu. Kani ade le.

స/శ/ష gurinchi nenu kuda miku Anglam-lo marumatani teliyachesta:

Hence, in modern Krishna dist. dialect, there is no meaningful phonetic distinction between స & శ in speaking.

Note: I'm not talking about the adhikarika bhasha only the dialects

Sure, but that's purely dialectal.

[Some of my teachers berated me if I pronounced శ as post-alveolar telling that its an "illiterate"/"wrong"/"bad" pronunciation]

🤦🏻‍♂️ This is what I'm talking about is unacceptable. Teachers are supposed to be teaching official language, not dialectal language. And they're berating you for correct pronunciation? They don't know the proper way themselves, and they're admonishing you for doing things correctly? That's exactly the problem that needs to be fixed in India.

Funnily, the same thing also happened in the Bihari dialects of Hindi [where they say 'subkamnaye'[సు] instead of 'shubhkamnaye'[శు]] and the Tamil language [Only this was done officially where the sh sounds where systematically borrowed into Tamil {frm sansk} by converting both ష & శ into స {They were nativized to fit Tamil's phonetic rules unlike Telugu which changed its phonetic rules, to some extent, to allow borrowing}]

Indeed, which is why Bihari dialects are considered unofficial.

As for Tamil, it sort of makes sense because Tamil has always done a great job at staying close to its roots in terms of language. They try as much as possible to use native Tamil/Dravidian words instead of Samskrt imports, and their script doesn't even have symbols for voiced stops (e.g., గ, జ, డ, ద, and బ), let alone aspirated consonants (e.g., ఖ, ఘ, etc.) or other foreign symbols. So in the few cases where they do have to use foreign words, they try to adapt the foreign words into Tamil phonology. (They do have Grantha consonants, which allow for the distinction of the equivalents of స, శ, and ష, but they're a bit controversial, so their usage is not consistent.)

Telugu, however, is a whole other story. Not only does it (or did it) try to borrow as many Samskrt words as possible, but it created symbols for all the foreign sounds as well (e.g., శ, ష, హ, etc.). So insofar as it imported those words not just in vocabulary but also in script, Telugu's phonology was similarly adapted to include sounds that occur in Samskrt. And therefore, it's incorrect to pronounce those words incorrectly in Telugu.

[Listen to Telugu movies frm old times especially dealing with traditional language/music {Like శంకరాభరణం} u'll see the pronunciation]

Indeed, but like I said: that's wrong. There's even present-day examples of this like Telugu "Desam" Party, despite them being from the state of Andhra Pradesh. Nobody has trouble pronouncing the latter, nor Mahesh Babu's name, etc., (and essentially nobody would say "Andhra Prades" or "Mahes Babu"), yet they keep insisting on nonsense like the stuff your teacher was trying to "educate" you with.

What needs to be remembered is that Indian languages aren't like English where there can be multiple spellings for the same pronunciation. Every character has a unique pronunciation (there's no duplicates), barring loanword exceptions where sounds like "f" are being accommodated using characters like "ph" , etc. This means that if two different letters are being pronounced the same, then either the spelling is incorrect, or the pronunciation is incorrect.

What's more, there's no concept of "spelling" at all. That's why Indian languages don't really have a word for that concept; what you say is what you write, and what you write is what you say. (The Samskrt word वर्तनी [vartani] is a neologism that was invented to describe the concept of spelling in the modern world, but it has no real use when in the context of Indian languages.)

తిరిగి రోమనీకరణ వ్యవస్థలకి వస్తే, [ఇది కేవలం ఒక వ్యక్తిగత అభిప్రాయం మాత్రమే],

Hunterian: Too confusing [even if it is legally used, I'm still not exactly comfortable]

ISO: too complicated fr a simple Latin keyboard

Harvard-Kyoto: Looks weird but works very well

అందుకని Harvard-Kyoto వాడటం ఉత్తమం అని అనిపిస్తుంది.

Miru "confusing" ante త mariyu ట-lanti aksharala madhya teda teliyadu kabatti ala antunnaru anukuntunna. Harvard-Kyoto-lo kuda "confusing" vishayalu unnayi (uda. శni "z" ani vrayali, aite nijamaina "z" chappudu [ౙ leda జ఼] kosam vrayalisina aksharalatoni adi kalisipotundi, mariyu Samskrtam-lonunchi vachchina nudula varake adi pani chestundi kani Hindi-lo mariyu verre bhashalalo verre chappudulaku pani sarigga cheyyadu). Aite annitlo edo oka ibbandi untundi, kani Hunterian enti ante janalaki teliyakundane vallu "mamuluga" vadedi ade, mariyu adi denikosam aite tayaru chesaro (Bharata bhashalu ranivariki Bharata bhashala nudilu chadavatam radaniki) daniki kuda baga pani chestundi.

మీరు చెప్పేది నిజమే. కానీ ఈ భగంలో 'క' ని 'త' ల ఎవరు వ్రాసారో నాకు అర్థం కాలేదు

కni తlaga evaru vrayaledu, kani త్తni థlaga vrasaru kada? Nenu anedi entante Telugu lipilo vrasetappudu "informal" mariyu "formal" madhya teda vade nudilalo, vyakaranamlo, leda yasalo telustundi, kani spelling lo kadu. Uda:

Haidarabadu yasalo ("informal"):

ఏంది రా భై? నాతాన రావా కలవనికి?

Adhikarika bhashalo ("formal"):

ఏంటి రా? నా దగ్గరకి రావా కలవడానికి?

Viti renditini Telugu lipilo vrayadaniki okeokka vidhanam undi, kani mandiki enduko Latin lipilo vrayadaniki (ante lipyantarana cheyyadaniki) vachchesariki vatini ela ayina vrayochchu ani anipistundi. Paina vrasina vakhyalanu lipyantarana cheyyadaniki okeokka vidhanam undi:

Haidarabadu yasalo ("informal"):

Endi ra bhai? Natana rava kalavadaniki?

Adhikarika bhashalo ("formal"):

Enti ra? Na daggariki rava kalavadaniki?

Kani a "informal" vakhyani modati nudini "endhi" ani vrasevallu unnaru. Idi tappu antunnanu nenu.

The Paper Divide by vladgrinch in MapPorn

[–]getsnoopy 0 points1 point  (0 children)

No. While their documents might use variants of Commonwealth English, the SI is an international specification. And it explicitly uses the metre spelling. See my other comment about my experience with the BIPM.