SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (72505)3/30/2011 9:45:34 AM
From: Riskmgmt  Read Replies (1) of 217975
 
Hi TJ:
I am most impressed with your group of friends world wide and their knowledge of cities from Australia to Europe.

I will not argue the best cities to live, as of course, even if I had visited all of the places, living there is not the same as visiting. Above all else though, it comes down to personal preferences. Mexico City could be hell for someone who had no knowledge of Spanish and grew up in a small town.

In the same way I do not wish to debate whether Real Estate in the USA is declining further or improving. For me all Real Estate markets are local and investments are best made on that bases.

In the market where I am currently, one can buy well built houses for a price that will give one a 15+ % return. There is huge demand and limited supply. In addition the asset can be had for 1996-8 prices and there is a very good chance that over the next 5 to 10 years there will be another 5% plus per annum appreciation.

Hong Kong Property may do even better I do not know but here one can buy for $15-40 a foot which makes risk/reward attractive.
Rather than rely all the latest housing statistics and read all the analysis I go look and see for myself. Not saying this is the only way just it works for me. I think you do the same in Hong Kong.
The majority of people think housing in the USA is dead and decaying, so the contrary view might be worth a look. The lonely path etc.

Cheers,

R.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News