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Obama Stimulus – Great for Real Estate and global economy January 11, 2009

Posted by Bipin Agarwal in Global Economy, IT offshoring and Real Estate development, Politics and economy, Real Estate Development in Global Economy, Real Estate Development in India.
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President-elect Obama will announce a huge financial stimilus package in the first qtr of 2009.  While there is no known perfect solution for economic downturn, the package to be announced with details that are available in the press, looks like a good start.

Infrastructure spending will not only help create employment, but will benefit business in the area of real estate, commodity, car, public transport.

Green Energy initiatives should help promote the sales of car, reduce the trade deficit, create employment, etc. Risk here is that this initiative is not hijacked by the lobby related to bioful (bad idea). The focus should be solar and wind energy. These are the two most viable non poluting source.

What we would like to see that there is significant money spent on public transport infrastructure so that new real estate development can be done around the concept of cluster community based on Twenty Minute Lifestyle (TM of REDHAWK Investments Group).  Rest of world can learn from this initiative as well. There is a good possibility that Stimulus will have significant spending on Broadband infrastructure, that will get the masses behind the next phase of economic growth.

Africa, South America, Easter Europe, China, India have a huge opportunity to follow the lead of this stimulus package and spend money on public infrastructure and green energy.

Once the details of the plan aer out, I will write again about the specific industry and opportunity that will be of interst for business and individuals.

if you have a question, about Global economy, Real Estate, and Politics correlation, feel free to ask

http://www.redhawkinvestments.com

Bipin Agarwal

bipin.agarwal@redhawkinvestments.com

https://twentyminutelifestyle.wordpress.com/about

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