2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 395.44

+0.6%

Dec 12 4:00 PM EST

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To: TobagoJack who wrote (11204)	11/7/2006 11:59:35 AM
From: Rolla Coasta	Read Replies (1) of 218481

I had never heard a thing as silly as HK real estate hopes are pinned on domestic helpers' wage/savings. Think about it and see how silly, laughably so, the logic is. I am not saying the 3rd world low-skill workers come to HK and buy house right away. But some of their living condition in HK isn't anywhere near what they dream of before they come. Some servants ended up stealing stuff in home where they served. And sitting on sidewalks in Central during weekends isn't an attraction at all for HK. The fact is more and more people cannot afford a house in HK, and the hype of getting rich fast in HK would prompt more and more low-skill (or soon to be out of job) workers coming & put heavy burden to HK government treasuries. Of course, this hype will benefit you as a homeowner for the moment. But at the end, you'll see my logic is correct.

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