White Kiwi Trash. Property prices do rise forever - with occasional blips. You could have bought a house in the UK for about 10 pounds sterling in the 1930s. I'm not expecting HK home prices to fall dramatically. I think turnover will continue to drop with the odd sale here and there at a reasonable price. If inflation is 7%, who would sell a fixed asset cheap especially if it's so hard to get back in. I think property prices will flat line until the US picks up. Then will rise unless US rates are jacked up dramatically.
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ltse
13 yrs ago
Sounds like the posting from a disgruntled post 80s employee/worker, who can't get his
foot in the market and comes to this forum to vent. Sad. FYI, everyone has to work and save, nothing is for free. Learn the lesson.
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Tune
13 yrs ago
...or someone who can give us a bit of 'light chuckle material' on a Monday morning?
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