on california housing ... sold a house in california in april, noted on this thread, just in the scratch of bad times, and mighty close to the high watermark, now off shore, just watching and briefing, and waiting for the inevitable
should the inevitable take its sweet time, then gold goes to lower earth orbit, before high of same, and then excape velocity
On HK, low skills are not allowed, for even the working girls are of mighty high skill, so i am told
As to <<Now you are telling me all paper money & housing value will collapse, while defending your tiny rock island with estate fortune>>
... not exactly. what is obvious to me is that HK has a longer future with fiat money inflation, expecially if USD, to which HKD is hard pegged, goes into the toilet, thus attracting RMB, the then temporarily strong money, to HK in copious amounts. That is what I mean.
As to <<The rich mainlanders just wouldn't want to live in crowded HK>> ... rot. HK stock exchange IPO-ed more goodies than NYSE, mostly of mainland variety of stuff, each requiring a HK resident office, and HK resident officers, living in HK residences ... do you see a common denominator in the above phrases?
As to <<if they hardly speak fluent cantonese>> ... what does cantonese language have to do with HK other than some folks here speak it? English gets you around HK fine, and failing that, Mandarin does OK as well.
HK is a convenient address, based on solid laws and protected by #1 freedoms, bar none, and, gad, we even hod true to the concept of habeas corpus. |
