PDF econmists were saying that higher interest rate would discourage people from investing in real estatehousing society, real estate destroyed Pakistans economy specially khis law and order.
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PDF econmists were saying that higher interest rate would discourage people from investing in real estatehousing society, real estate destroyed Pakistans economy specially khis law and order.
interest rate has no effect on black market economy and real estate is fueled by black moneyPDF econmists were saying that higher interest rate would discourage people from investing in real estate
In stable real estate markets like the UK, a rise in interest rates is bad for the housing market as borrowing becomes expensive and therefore stagnated purchasing.interest rate has no effect on black market economy and real estate is fueled by black money
khi real estate industry is in "Crisis" because of taxation issues! crazy people dont have enough white money to complete the transaction!In stable real estate markets like the UK, a rise in interest rates is bad for the housing market as borrowing becomes expensive and therefore stagnated purchasing.
In Pakistan the problem now is the tax net. And rightfully so. If IK says every transaction has to be shown and transactions can only take place through banks and no cash I belive initially the market will stagnate but eventually it will move in the right direction
I bought two Bahria homes a few years back and sold them when in one day the price fluctuated 14 percent. This is not investing. Its gamblingkhi real estate industry is in "Crisis" because of taxation issues! crazy people dont have enough white money to complete the transaction!
reI bought two Bahria homes a few years back and sold them when in one day the price fluctuated 14 percent. This is not investing. Its gambling
its 100% gambling investor selling to investors inflating price and out of reach of public the end user!I bought two Bahria homes a few years back and sold them when in one day the price fluctuated 14 percent. This is not investing. Its gambling
New Recruit
Last time it was the IAF that got a drumming seems like Indian army wants a drumming too.
BTW did anyone notice that not once that nuclear threat came up among all the statements by the army and the govt.
I wonder where those nukes went that would come up after every small ceasefire violation or any issue.
I dont know man, the people who used to talk about nukes after every ceasefire violation are mum about it after 370.....You haven't notice the reason which is a brief thrashing by Pakistan so Nuclear fire would be that of India's choosing. Pakistan ain't attacking anyone but in-fact Nuclear thing is kept as deterrence. If you wonder where the Nukes went; ask Modi to try once.
I dont know man, the people who used to talk about nukes after every ceasefire violation are mum about it after 370.....
I dont know man, the people who used to talk about nukes after every ceasefire violation are mum about it after 370.....
Army warns of 'stronger response' in case of any 'misadventure' by India
Dawn.comUpdated August 09, 2019
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In a post shared on Twitter on Friday, Gen Ghafoor responded to a video of Indian Chinar Corps Commander Lt Gen Kanwal Jeet Singh Dhillon. — ISPR/File
The Army's media wing on Friday dismissed a statement made by the Indian Chinar corps commander — in which he accused Pakistan of being "involved in disrupting the peace in Kashmir Valley" — as "usual blatant lies".
Chinar Corps Commander Lt Gen Kanwal Jeet Singh Dhillon, during an interaction with reporters, was asked if he thought Pakistan would "increase their attempts to try and spoil the law and order situation in the Valley".
"Pakistan Army and Pakistan have always been involved in disrupting the peace in Kashmir Valley. So I would like to believe that they are good enough to do it and recently there's been statements which have come up in which they are openly threatening about certain incidents in the Valley," Dhillon had responded. "Notwithstanding we will take care of all of them, let anyone come and try and disrupt the peace in Valley, we will have him eliminated."
Director General (DG) Inter-Services Public Relations (ISPR) Maj Gen Asif Ghafoor, in a tweet shared in the early hours of Friday, termed the statement "an attempt to carve out casus belli for a misadventure to divert world attention from precarious situation & atrocities in [Indian occupied Jammu and Kashmir] IOJ&K".
'Casus belli' is a Latin expression meaning "an act or event that provokes or is used to justify war".
DG ISPR
✔@OfficialDGISPR
Usual blatant lies. An attempt to carve out causes belli for a misadventure to divert world attention from precarious situation & atrocities in IOJ&K. While IOJ&K faces media blackout, AJ&K is open to foreign media & UNMOGIP to visit place of their own choosing. Can you do same? https://twitter.com/chinarcorpsia/status/1159556740741865472 …
Chinar Corps - Indian Army
✔@ChinarcorpsIA
"Lately #Pak has been openly threatening about certain incidents in #Kashmir. Notwithstanding we'll take care of all of them; let anyone come & try & disrupt the peace in valley, we will have him eliminated!"- #ChinarCorpsCdr#IndianArmy #commonCausePeace @SpokespersonMoD @adgpi
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1:48 AM - Aug 9, 2019
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Ghafoor added that while Indian occupied Kashmir was facing a media blackout, Azad Jammu and Kashmir (AJK) was open to the foreign media and the United Nations Military Observers group in India and Pakistan (UNMOGIP) could visit places of their choice in AJK.
"Can you do the same?" he asked Lt Gen Dhillon.
In another tweet, Ghafoor said that Pakistan would respond to any attempt of "misadventure" by the Indian Army with a response "even stronger" than on February 27, when the Pakistan Air Force (PAF) had shot down Indian aircraft inside Pakistani airspace and captured a pilot.
Gen Ghafoor added: "Thousands of Indian troops have failed to suppress just struggle of brave Kashmiris for decades. Current surge won’t succeed either".
India this week revoked Article 370, which gave occupied Kashmir an autonomous status, and legislated to bifurcate the Valley into Ladakh and Jammu and Kashmir.
In response to New Delhi’s move to annex occupied Kashmir, Pakistan on Wednesday resolved to downgrade diplomatic relations with India and suspend all bilateral trade.
India, however, has termed it an "internal matter" and asked Pakistan to review its decision. Meanwhile, a communications blackout and security clampdown imposed late Sunday in occupied Kashmir entered its fifth day on Friday. By Thursday, Indian security forces had arrested more than 500 people in the region.
UN chief urges not to change Kashmir status
UN Secretary General António Guterres on Thursday called on all parties to refrain from taking steps that could affect the status of Jammu and Kashmir, which is recognised as a disputed territory by the United Nations and the Security Council.
Noting that the secretary general was following the situation with concern, the statement clarified that the UN position on Kashmir was tied to its own charter and applicable Security Council resolutions. He also appealed to both India and Pakistan to show “maximum restraint” while looking for means to resolve this 70-year-old dispute.
Earlier on Thursday, the United States also noted that India’s decision to annex Kashmir could increase instability in the region.
“The secretary general calls on all parties to refrain from taking steps that could affect the status of Jammu and Kashmir,” said a statement issued by his office.
This time around nuke threat came from India while DG ISPR vehemently asked people/reporter to even talk about Nukes. If my memory serves right, there was a piece from Indian author where he said India might not follow non first use policy against Pakistan.BTW did anyone notice that not once that nuclear threat came up among all the statements by the army and the govt.