<<which hard asset except crude oil doubled in price within a year?>>
... probably a little building situated in central biz district owned by the property club i help to manage, along with a particularly good series of mid-year buys
Message 25865450
"... have added massively to hk INDUSTRIAL real estate by way of my family and friends real estate club and own account at deep value discount from everything else around the planet and everywhere else hk ..."
Message 25904434
"... "old factory districts revitalization will fill the wallets of the astute as ordained in hong kong per usual custom" ..."
Message 26079227
"... Rental real estate @ 41.5% (30 INDUSTRIAL, 70 residential) ..."
I am now reviewing a parking garage opportunity, 64 spaces on one floor of 7 floors, managed by one company, opposite one of the biggest malls and biz districts in plenty-car-too-few-parking hk, yielding 5.91% net, with i am guessing close to 100% probability w/i 15 years of redevelopment in rapid change hk.
the project is perhaps too big a bite at once, but at mere 3x price of one 1,260 net sft ocean view low-density high-ceiling apartment, comprised of 64 little money making spaces more than likely never vacant, may be good ... struggling mentally ... "dada, dada, what do you do?" ... "coconut, dada sits on parking spaces"
so, yes, gold not the only possibility
come to think of it, the parking spaces would provide so much firepower per month for gold accumulation ;0) |
