News Hong Kong Property & Finance

Taxi Investments - Anyone done it?

ORIGINAL POST
Posted by OffThePeak 10 yrs ago
Taxi Investments - Anyone done it?


I have some friends who are looking at it, as an alternative to property. They say it is:


+ Liquid - even more than property

+ Leverage-able - to maybe 80%

+ Earns a yield - maybe 2-2.5%


Comments?


Can anyone add to what is in the other thread?:

http://hongkong.asiaxpat.com/forums/business-finance/threads/140858/investing-in-hong-kong-taxi-licences/

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COMMENTS
OffThePeak 10 yrs ago
They have not done that - flooded the market, to ruin it, in the past, have they?

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