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

To: Rolla Coasta who wrote (36921)	7/12/2008 12:22:57 PM
From: blazenzim	Respond to of 217656

<<He cannot unload his real estate because of the dry volume>> What does this mean? He's been claiming that Hong Kong real estate is as liquid as cash. LOL!!! Sounds to me like he's dipped his Wick into quick drying concrete.

To: Rolla Coasta who wrote (36921)	7/12/2008 7:26:28 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217656

must change frame of reference and state of mindset. (1) why would anyone want to unload unleveraged and income producing real estate that can be unloaded at basically a phone call, especially when one is looking to buy more? what? to only claim a 40% gain in a few months, or just a 100% gain for a year? why not just enjoy the rent ponied up like tribute month after month? compounding year after year? what else? assigned value going down dramatically? just buy more! am still holding debt-free full ocean apartment of 2,500 sft in repulse bay #19, bought in 1986, and now annual rent is at 31% of original cost, and bid by eager buyers is at 14.28x original cost. and you know the cost to landlord in hk on rental is effectively nildotzip over the years. but why sell? do what with the cash? not enough slowly wasting cash? did the cash flow stop? else why bother? leverage? why leverage? did the slowly wasting cash run out? (2) and then, again, why would one want to unload borrowed gold in a bull market? what, gold will drop against cash? buy more. just as nuclear nations have land mobile, submarine and land fixed, and air launched nukes for a four-legged defense platform, individuals should have business, cash/equity, real estate, and gold, for a four paths approach to defense of the realm, and in layered depth. (3) sure, there is a time to lever up and pile into some class of goodies, but now, at this delicious juncture? why stress? what is the blessed hurry - what, the world will run out of opportunities? why not just watch, learn, ruminate, and enjoy for a while, so as to make some deliberated decisions when the time is at hand, planets aligned, opportunities ripe, and looting gets to be truly good, meaning risk-free for huge gains, like buying kowloon tst real estate during depth of scary sars, and even then only in vulture packs and just levered at 50%.