Is it worth taking a fresh look at the housing finance sector? 6 housing finance stocks with upside potent
Housing finance is one of those sectors where the macro picture is always attractive, but not so much the micro reality. At the level of the economy, the case is easy to make. Housing is a genuine multiplier. Every home built sets off activity across an entire chain: Cement, bricks, steel, tiles, pipes, sanitaryware, electrical fittings, paints, logistics, and labour. Few sectors transmit economic activity so widely. That is why housing finance, in principle, should be among the most durable long-term opportunities in Indian financials. But the fact is that it has produced both scams like DHFL and wealth creators like HDFC.
Housing finance is one of those sectors where the macro picture is always attractive, but not so much the micro reality. At the level of the economy, the case is easy to make. Housing is a genuine multiplier. Every home built sets off activity across an entire chain: Cement, bricks, steel, tiles, pipes, sanitaryware, electrical fittings, paints, logistics, and labour. Few sectors transmit economic activity so widely. That is why housing finance, in principle, should be among the most durable long-term opportunities in Indian financials. But the fact is that it has produced both scams like DHFL and wealth creators like HDFC.
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