Is housing sensitive to the rate cycle?

R Vaithianathan : Sat Feb 23 2013, 14:15 hrs

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There are other macroeconomic factors governing the housing sector in particular. A very important factor is that rural housing and rural housing finance are a priority sectors as per National Housing Bank. We as financiers have an unsaid responsibility of supporting housing development in rural areas, and provide more impetus towards this sector.

The author is MD, Tata Capital Housing Finance Limited

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