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To: Riskmgmt who wrote (50187)5/17/2009 10:46:49 PM
From: TobagoJack  Read Replies (1) | Respond to of 217901
 
my point, perhaps misunderstood, is that the so-called freehold property in usa, after accounting for the various taxes etc, is a confiscatory lease at best, especially from here on forward. we can work out the numbers over any elapsed time periods, from 1 to 250 years, relative to a 75-999 years lease in hkg.