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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Riskmgmt who wrote (7140)	6/11/2006 6:40:13 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217795

Hello Ray, We are on the same page, but I am prepared to go 100% PM, as I am ready to go 100% anything else, should the setups justify the risk of doing so. As to <<how is the property market in money rock?>>, I say: (a) nominal prices all around have reached the pre-Asian Financial Crisis high watermark (say USD 1,300 per sqft for older apartments in low density neighborhoods, USD 2.86/sqft per month rental) hongkonghomes.com (b) Of course, the HKD followed the USD relative to other currencies, and so some international buyers find 'bargains' aplenty (c) 100% mortgage loans are monthly interest rate adjustable, and theoretically callable, so perhaps the structure is fragile, but there is as yet no inkling of fear in the market place (d) Volume is normal (active), and spirit is robust. Chugs, J