Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (22540)	8/11/2002 10:49:13 PM
From: TobagoJack	Read Replies (1) of 74559

Hi Maurice, <<Hong Kong will be valued in the same way as Shanghai. Are land and building values now equal? Pay rates? If not, the process presumably will continue with Shanghai pay rates increasing [slowly] and Hong Kong pay rates dropping [quickly]>> Yes and No. Mostly yes, except I HOPE that a few meters of beach frontage in Freedom Hill Hong Kong will manage to hold its value, and I believe a few meters of beach front in Thailand will go up in value, all because of Shanghai. So far, so good. <<I've unscrewed a few screws and done them up again, just for fun ... Made in China>> Yup, same observation, and Mazda 6 series will soon be mostly localized in China; 18 wheelers next. Chugs, Jay

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