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03-06-2019, 12:18 AM
(This post was last modified: 03-06-2019, 07:45 AM by specuvestor.)
The rebound in HK property market is mind numbing
Of the bubbly markets I mentioned 3-4 years back, from China to HK to Australia to London and NY, only HK defies gravity after a short correction even as mortgage rate trends up. Plus it is no longer the premier city in the hosts of Chinese cities vs say 10 years ago.
My guess is this is going to start ending quite badly in next 18 months.
https://www.valuebuddies.com/thread-7235...#pid148377
Of the bubbly markets I mentioned 3-4 years back, from China to HK to Australia to London and NY, only HK defies gravity after a short correction even as mortgage rate trends up. Plus it is no longer the premier city in the hosts of Chinese cities vs say 10 years ago.
My guess is this is going to start ending quite badly in next 18 months.
https://www.valuebuddies.com/thread-7235...#pid148377
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)