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

To: TobagoJack who wrote (24279)	10/18/2007 7:51:42 AM
From: Riskmgmt	Read Replies (1) \| Respond to of 218847

Hi Tj; Congrads on your purchase, at 5.45% sounds like a good deal and a good deal better than 4%. Digging a little into the Crown Rent and the fact that all land in HK (save for St John's and few other pieces) is owned by the government makes me a bit nervous. I am assuming the 5.45% return includes this cost as well as maintenance, management etc? Is there no concern that one doesn't technically own the land amongst Hong Kong buyers, or am I missing some data? BTW, just finished reading Toffler's new book (he wrote future shock and third wave)and I highly recommend it. amazon.com a few snips "Behind this world transformation, as we've shown, are unprecedented changes at the level of the deep fundamentals of wealth. Nowhere is this clearer or more revealing than in Asia's rise and China's great awakening." And in a chapter on China under "Accelerating Acceleration ,,,,needed more than sweat shops. It also needed it's own world-beating, high-value-adding, knowledge intensive sector." .."when China sets a strategic priority, it can break domestic speed records as well." He sheds much of the mystery and dated western think about China and clarifies and describes how China is attempting something that has never been done before in the history of the planet and in hyper-speed. I was so impressed I added to my china fund. Ray