What is the current mortgage rate in HK?



ORIGINAL POST
Posted by Havefaith 17 yrs ago
Investments in real estate are not safer than investments in the stock markets. People who bought in 1997 lost lots of money - and ended up in a negative equity position (mortgage >value of the property). I agree with Walkup and Patrick - if you intend to stay in HK for at least 5 years then it does probably make sense to buy.

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COMMENTS
XTC 17 yrs ago
If you are buying, make sure the Return on Equity (RoE) and the Return on Assets(RoA) make sense

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