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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.28-0.7%4:00 PM EST
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To: Rolla Coasta who wrote (62967)4/22/2010 8:49:37 AM
From: TobagoJack  Read Replies (2) of 218870
 
hkg housing is expensive because of pure demand, and simple supply,

and

the rental yield at net 4% is extremely competitive against 0% interest on deposit

as well as against 1.85% rate on mortgage loans

but you know all that, just refusing to submit to the truth as all the whining real estate bears i quoted

shorting hkg real estate market as a renter is a mug's game

buying own residence in hkg allows effectively cost-free living, in the final analysis

so simple, and yet so much misunderstanding

recommendation: buythedips, allthedips, especiallythebigdips, given that all the dips are cyclical in nature, and all the rises are structurally based, in alignment with once in 800-years renaissance of dynamism
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