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


To: Rolla Coasta who wrote (63037)4/25/2010 8:21:18 PM
From: TobagoJack  Respond to of 218898
 
what mortgage?
oh, the 50-70% mortgage
the 30-50% equity people are supposed to abandon because some would be selling their real estate to invest ... where?
your analysis is not only faulty, but funny

btw, as the mainland authorities are talking tough on real estate speculation (investment) even as too many folks have not nearly enough living space, i expect the surplus funds powered excess enthusiasm to leak and then gush into hong kong

recommendation: engage with ocean view any place and soon-enough-to-be converted industrial units everywhere

am looking at the club's balance sheet and golly, everything bought within the past 3 years against your advice has doubled, and stand to double again - blessed be those operating in alignment with the correct premise

btw, in 4-6 days time, the phoenix club will announce whether we are successful in aggregating 90% of owners of 110,000 sq ft of full ocean view land in lovely and very crowded causeway bay, to gift to us loyal members their valuable deed at 40% discount to market, and allow us to chuck out the obstructionist 10% owners based on very useful and fair hk common law, that which is derived from what britain had long forgotten

you remember phoenix, of course, that which invested astutely in mongkok brothels and noodle shops and sea food restaurant buildings as the enormous langham place urban redevelopment was under construction.

now, in its 6th iteration managing usd 600m, and which i have been a member since its start (first phase was a mere usd 5m)

you do see how wonderful pent-up demand works, do you not?

i guess not. oh well, you will, hilariously.