Hello Pezz, Yesterday Afternoon's Report: I checked out a fully decorated (decoration, furniture, wiring, lighting) office suite on the 28th floor of my office building that is for sale by the mortgage holding bank. The area is slightly larger than my own office, view is 5 floors better, decoration is considerably spiffier (hardwood floor and built-in furniture). The rental yield based on asking price is between 7-8%, the asking price is 30% of peak price (1997) and I can pay off in one wallop out of zero interest yielding bank account, or simply sign my name for another nothing % loan in any number of currencies, including the HKD.
If I did not know better, I would have guessed that the hurt is beginning to have its desired cleansing effect.
But, instead, my guess is that the hurt is now only causing vomiting, and not yet diarrhea, bleeding out of the nose and ears, and will increase in ferocity.
I also remember the object of the game, be the last man standing, sporting weapon with full clip of ammo, cloaked in invisibility shield over full body-cladding armor.
There will be plenty more bargains where they ultimately come from, namely the banks.
I will make a point with speaking to a banker this weekend, to get a glimpse of the hurt yet to be.
Chugs, Jay |
