News Hong Kong Property & Finance

Should I sell or rent?

ORIGINAL POST
Posted by Loyd Grossman is Miss Venezuela 15 yrs ago
If there is a realistic chance of you returning to HK in future then I would hold on to the property. If we get inflation, you could find yourself priced out of the market. Not sure how old you are but if you have been here 15 years then I suspect you are in your late thirties or forties. Therefore, when you return your earning capacity will probably be a lot less and you will not be able to get a long mortgage. Renting when you are a long distance away is a pain but it is possible. However, if you have a lot of money then maybe you should sell. If not, stick tight unless you want to buy in your new destination wherever that may be.

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