re <<Elbot is pure mainstream media talking points these days>>
... he cannot fathom why he must live with his president for the duration to 2020. it makes no difference whether he fathoms or not. love it.
Re <<I've moved on from all the Russia, racism, refugees, all Trump all the time nonsense of today's popular culture>>
... yeup, getting old fast, but some folks cannot move on, and thus traffic jams happen, when folks dawdle over what had taken place.
re <<China’s mortgage debt bubble raises spectre of 2007 US crisis>>
... not worried. the asset side of the ledger keeps growing.
i take hong kong as example, what folks do not realise
that we collectively may be seriously misunderstanding the complete nature of real estate generally and real estate in hong kong particular
it could well be that real estate generally is a fixed address by which the officialdom and banks keep the serfs in servitude, and
real estate in hong kong is an homey abode, freedom from rapacious landlords, and what has proven to be a very efficacious allocation of retirement savings, as well as a successful private equity investment prudently leveraged that one can live in and talk about at cocktail parties
i review all the investments i had ever made, and there had been a few, and would conclude that the single most successful class of investments at multiple junctures in time, had always been hk real estate, that which anyone could have bought low and win, or acquire higher and also win.
hong kong is about to enter into its most glorious phase of development, and we are fortunate to be able to wait for a buy-juncture, that which could be triggered by factors outside of hong kong. it doesn’t get better than the hk setup, but it does take deep faith applied.
am too chicken to invest in mainland real estate or anything else, but for some, probably a good wager. i am not tempted by the opportunity, but that is because i am lazy. |
