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


To: Rolla Coasta who wrote (62278)3/29/2010 10:03:34 AM
From: TobagoJack6 Recommendations  Read Replies (2) | Respond to of 218639
 
define recovery.

i do not expect usa economy to recover for the next 10-25 years, and so hk real estate must have long time to run run and run still higher. i am wagering so.

you are wagering on usa recovery, are you?

btw, fyi, the industrial units i engaged with at between hkd 900 - 1850, which you poopooed, are now at hkd 2,350 psft, and all rented out at between 6.8 and 4.5% yields.

i expect a 10x starting now within 7 years, and rmb re-valuation, should it ever happen, would further boost returns in usd/hkd terms, not to mention hkd revaluing against usd.

ask me if i feel deservingly fortunate that i took my own advice :0)