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

To: TobagoJack who wrote (75599)6/24/2011 6:31:13 PM
From: Maurice Winn1 Recommendation  Respond to of 219794
 
2% on a depreciating house in NZ, measured in a depreciating currency [though it has gone up by a long way - meaning further to fall, I guess], compared with 4% in a bank, government guaranteed, is a LOT worse return.

2% on an appreciating house in Hong Kong, measured in a strengthening currency, compared with 0% in a bank [not government guaranteed] is a LOT better return.

Mqurice



To: TobagoJack who wrote (75599)6/25/2011 5:59:44 AM
From: Moominoid  Read Replies (1) | Respond to of 219794
 
Gross yield for 2 bed apartment here is about 5%. Mortgage rate is 8%. Savings rates up to 6%.


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