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

To: John Vosilla who wrote (135870)	10/2/2017 9:22:15 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218447

re <<Curious what is the going in cap rate or unleveraged return on investment on current price for 650sf flat in HK?>> ... somewhere between absurd to ridiculous. raw stats here www1.centadata.com (1) if purchasing second hand in okay neighbourhood, a 676 sft flat www1.centadata.com may run HK$ 13.35M (US$ 1.715M) - yes, the calculation is correct the closet w/ kitchen and bathroom may rent for HK$ 23,500 per month, or HK$ 282,000 per annum (US$ 36,000). Annual property tax, management fee and insurance should be HK$ 16,000 (US$ 2,000), with gross income at US$ 34,000, taxed at 15%, resulting in net net of US$ 29,000 or net yield of 1.6%. to buy such a place, the bank requires at least ~70% downpayment and have for decades (banks say 50% but they under-value the property from transaction price), and the lending rate is ~ 2.18% monthly floating (only floating rate loans available in Hong Kong). Monthly payment on 10-year loan (most popular. can go to 15-years but no longer) would be US$ 4,775, and annually at US$ 57,000. Less net, the proud owner needs to subsidise the renter at US$ 28,000 per annum. The capital gains on eventual sale, if any, would incur no cap-gain tax. (2) if purchased new construction, would be sillier still. Above is an indication of what the inflation of the east / deflation of the west / zirp-nirp has done to the middle class everywhere, albeit with different effects. (3) I had championed and continue to champion the accumulation / holding of Hong Kong industrial real estate / warehouses along the government-planned and privately-funded subway lines per master development plan ever since 2007. the stake has yielded 4% at the get-go and now yielding >10% on cost, as offices and warehouses, awaiting re-zoning / redevelopment, and the capital value has ramped 7.77X without leverage. Figuring there is another double once the neighbourhoods complete redevelopment and matures. am just playing the game in accordance w/ the rules set down for me by greenspan, bernanke and yellen. (4) re <<left wing or right wing>> an accountant at 1 year to retirement age, and especially if newly divorced with kids not talking to him, and have a lot of gun toys, and and and earning zero yield, may get peeved and rampage but if the guy has a decent social security check coming his way on monthly basis and happens to like asian girls, he might find happiness here in thailand, and live like a king the finicky swiss may have it right, even legally permitting swiss national health insurance to be money-good in thailand. the healthcare here in thailand (bangkok, changmai, koh samui) is super if one can pay very reasonable amounts.

To: John Vosilla who wrote (135870)	10/2/2017 9:23:20 PM
From: Elroy Jetson	Respond to of 218447

When you're right, you're right. If bart13 never posts again, there's a good chance she was Stephen Paddock. Did she ever mention her father being an escaped bank robber who had made the "FBI Ten Most Wanted" list? That's not something most people would brag about, but it tumbled out of the brother's mouth pretty easily this morning, so it obviously meant something to him in the context of the shooting. I could easily picture bart13 living without furniture like a college freshman, with the shades always drawn, throwing back shots day and night.