Devaluation of pakistani currency

Ilyas, the reason Regi and specially Hayatabad properties are appreciating is because people who had fled the area earlier due to unrest are returning home now. This does not happen very often.

Earlier when they moved to relatively peaceful areas like Islamabad, prices jumped overnight nearly two fold. Now that they are repatriating, we are seeing the baloon deflating.

So yes, property investment can fetch great returns, but only when you put your money at the right place at the right time.

Isloo 1 roora, i started earning buck in 2008 but i heard that Hayatabad property had performed well from 2002 to 2007..... in those days there was not any unrest even the afghans were leaving back..... to some extent you are right that people are getting home back so the investment..... yesturday i had a friend with me from Dir.... He told me " Realty does not lose its value even if it is too high in the skies"......

I did not see or heard or come across a single kafir baba ji who prefers paper money or buck or whatever over realty..... Pakistan is going to be the 4th populous nation in the world by 2030...... wa da khuda musalmana......

Right investment at the right time:
It depends your luck and faith but as per my belief and experience that real good money can be earned by Risky men with some brain and a bit experience..... too wise men never earned good money and they always ends up at jobs( Pay nut get monkey).... wise men think too much and can not do Tawakool...... where the dumb and dumbers, in most of cases, are always good at tawakool and earns good pile of money.........
Paki realty just demands one thing for the huge return: WAIT

Most of the fruits that takes longer to ripe, are the tasty ones.... noor di sanga pooha kam da khuda musalmana.......


Reman baba says

Aqal ma ghwara Bakht ghwara a Rahmana
Aqalmand da bakhtawaroo ghulaman v.....

Off the topic:

Followings can bring riches to you.....

1) A new home or shifting a new home or whatever like that( migration too)

2) Wife

3) Horse ( car etc in modern age)

4) A good neighbor



Welcome Back Isloo1!!!

"I did not see or heard or come across a single kafir baba ji who prefers paper money or buck or whatever over realty...."

The world has seen... :)

Isloo 1 roora, i forgot to tell one thing, cucumber takes short time to get riped but tasteless..... there are fifteen 15 calories in one cucumber and on the average men need 2000 calories in 24 hours....

So if men have to live on cucumber, then each man would need to eat 2000/15= 133 cucumbers(26 kg) in 24 hours to get 2000 calories........

Welcome back Imtiaz sahib!

Ilyas, you got me wrong bro. I am not impatient and not on cucumber diet also. But the basic point is that slow growing property will throw you off the race.

'Opportunity Cost' as some people may call it -- a term that I could never internalize.

Isloo 1 roora qasam da kana chi being a Mohmand( can not use the word safi you know) i have the following relationship with realty.......

ایک شرط پے کھیلوں گی پیا پیار کی بازی۔
جیتوں تو تجھے پاؤں ہاروں تو پیا تیری۔

( Throw you off the race)...... it might be for short time.... In Sha Allah things will get better......

In 2008 Warren Buffet, Kafir baba ji, lost half of his stock excange investment but he did not run away or buy gold for dollar in recession so he kept waiting and by 2015 his stock exchange investment multiplied multiple times.......

"Pakistan’s revenue black hole, which three years ago was Rs3.3 trillion, has further widened to Rs5 trillion or 26 percent (pc) of the size of its economy, according to a new document that the World Bank has prepared to approve a $400 million loan for tax reforms..."

https://tribune.com.pk/story/1959634/2-pakistans-revenue-black-hole-widens-rs5-trillion/

My posts have been removed by the Admin. This is outrageously obnoxious. Only one point of view is permitted. This will not take us to glory but to doom, as it has done so far.

In protest, I say good bye to this forum where Umpire is taking sides and only permitting moronic propaganda.

I agree Right investment at right time one cannot go wrong.

1.Proper DHA phases (no joint ventures)

2.Developed and possession Bahria Town blocks / phases

3.Gulberg

All proved safe and and secured investment and multiplied in folds with the passage of time.

Isloo

That’s strange

What was it about

Quiting is not helpful

Fg

Ty

....

Dollar Jam is here. Forex companies are not able to sale any dollars even there is plenty of supply in reach.

If anyone has any dollars, now is the time to cash them. After signing of IMF deal exchange companies are planning to drag the rate down by at least 10-15 Rupees.

Also after June more dollars will come in to Pakistan as exporters will start delivering first batch of their export orders to US/UK/EU for upcoming Christmas sales.

For the time being what is happening on ground is IMF affiliates/agents (non- Pakistani citizens), *negotiating on behalf of Pakistan* with IMF!

JDM sb, dont remember if its ever happened that PRK strengthened again after devaluation.

But if maintained on this for coming 5 years also will be great. Once the trust built up that no more devaluation will happen in near future the forighn investement will start coming.

IMF demanded to increase the dollar price . This is also one of there condition to provide loan . So i think dollar may increase more

Ive heard $ rate will go up after IMF deal tho…

Blah Blah Blah Blah....... IMF..... Blah Blah Blah Blah........ currency Devaluation...... Blah Blah Blah

Thanks Patwaries for "paving the way" for looting and investing so much in UAE alone......

Pakistanis( Patwaries) owned properties worth $150 billion in the United Arab Emirates (UAE) alone.


https://www.dawn.com/news/1430858/pakistanis-own-150bn-properties-in-uae-sc-told

I was not aware that Aleema Khan is a Patwari :wink:

No rocket science to understand the amount of Patwari & Jialas in new Youthia Cabinet. Youthia got replaced in mere 8 months by ex-Jiala Finance Minister and dont be surprised if one fine morning Youthia CM also gets replaced by an ex-Patwari...


https://en.wikipedia.org/wiki/Cabinet_of_Pakistan


Things have progressed beyond Patwari & Jialas & Youthia - brace yourself for Egypt Model of IMF here!!


** Current Governor SBP is a Serving as IMF rep. to Egypt!! So an IMF guy negotiate with IMF on behalf of Pakistan!! Conflict of Interest got to a whole new level!!

Have we even seen a soldier fighting in and for 2 opposing armies, at the same time? - only, if a double agent.

"Reza Baqir is a Pakistani economist who serves as the 20th and current Governor of the State Bank of Pakistan.[1] Baqir is currently serving in the IMF as senior resident representative to Egypt"

https://en.wikipedia.org/wiki/Reza_Baqir

Satisfying the IMF Won’t Solve Egypt’s Problems

https://www.bloomberg.com/opinion/articles/2019-01-30/why-satisfying-the-imf-doesn-t-solve-egypt-s-problems