@Nuhan Demirkan you are right, I want to be a landlord and INR is Indian currency (Rupee).To purchase this property I will be taking home loan from bank (@10.40 % for 20 years) of around 35,00,000 Rupees(35 lack) for which I will have to pay EMI of around 33,000 Rupees per month.

I've not independently verified this, but I've heard no currency has survived for more than 200 years once they go fractional reserve.

Just based on what you said I would sell now and cash the equity out at the peak of the market.Then take the cash and invest elsewhere where you can stretch that currency to get the most bang for the buck.This would be better than treading water.You might have NOI now but if the market collapses and other owners are having a hard time meeting debt service rents will fall fast and there goes most of your NOI.Some people say people get LUCKY when they sell.For astute investors it is not about being lucky but analyzing the market for cycles.EVERYTHING CYCLES.The only question is how long each cycle will last before changing.For that you look at a bunch of metrics to make the best educated guess.

China is already trying to get the dollar removed as the world reserve currency.

Cash IS king .... especially if it is not held in dollars which are declining against the rest of the world's currencies!

One of the answers is the exchange rates between the dollar and other currencies making the US more attractive to foriegn investment-- they're drawn to property that they can essentially get a 50% discount on even at full market price.Second is along these lines- but it's the democratization of much of the world and with it the unique opportunity to buy property that in places around the world where a new political liberalization & stabilization is resulting in economic opportunity and growth.

A true economist would say, "Stocks went down and we actually lost money if you compare it to Canadian, Europian, and oriental currencies and true values compared in any commodity."

We have just begun to see the losses my friend.Flipper, I traded on the floor of the LIFFE exchange arbed options, traded cross currency options, went on to do structures commodity products and trade energy derivatives.

The truth is that our currency is backed by nothing other than the “full faith and credit” of the US Government.

On the bright side, Canadian investors and Europeans are enjoying incredibly strong currencies right now.