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Strategies & Market Trends : Asia Forum

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To: Paul Berliner who wrote (8557)5/20/1999 10:34:00 AM
From: Bosco  Read Replies (1) of 9980
 
G'day all - Paul, thx for the articles. Not sure what Mr Faber was smoking, but he sounded more like the moral equivalence of a bad punk rock group [getting music with only 2 chords!] Gold standard? Even former HUD Secretary and Senator Kemp has decided not to get stuck in such medieval term. Being HK based, he should know better RE in HK is quite incomparable to say Australia or Latam. This is not a snobbish statement. Simply supply and demand. As Roy Rogers retold a teaching from his father. Buy RE, God ain't gonna to make more of it anymore! In that sense, it is especially so in HK - granted that decades of reclamation may sooner or later makes HK island an extension of Kowloon Peninsula <VBG>

best, Bosco
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