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Selling or renting?

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  1. #1

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    Selling or renting?

    In the grand scheme of things, with the US being heavily indebted, Europe being heavily indebted and probably Greece defaulting in a couple of year, economic problems in Europe and USA that don't seem to abate, a slowing economy in China, inflation in a couple of years accompanied with higher interest rates, etc. etc.....

    ... what do you think the price of housing will be like during the next 5 years (if there is no unforseen event, like SARS)? Will it generally go up, or down, or stay more or less the same?

    Last edited by jacky_se; 30-06-2011 at 03:52 PM.

  2. #2

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    Actually, I think you should wait for a short term dip, and then buy....HK property will continue to go up for the next 5 years (not continuously up of course, but an upward trend albeit not a steep one like the past 2 years)... if you plan to be in HK for the next 5 years, be selective and buy...


  3. #3

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    Do you think the answers will be different than 2 weeks ago? Didn't have enough from your other thread?
    http://hongkong.geoexpat.com/forum/1...ead194401.html

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  4. #4

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    Quote Originally Posted by gilleshk:
    Do you think the answers will be different than 2 weeks ago? Didn't have enough from your other thread?
    http://hongkong.geoexpat.com/forum/1...ead194401.html
    4 months and 5 years are 2 different things. Didn't you know that?

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  5. #5

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    Quote Originally Posted by tofuoberry:
    Jacky, what is your choice now? Are u going to sell or rent? We all want to know your answers
    I started this thread to hear your opinions, not to give you my answers.

  6. #6

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    Quote Originally Posted by jacky_se:
    I started this thread to hear your opinions, not to give you my answers.
    Why not? It's been two hours since you posted and advice given surly you've made a decision by now. Pls share.

  7. #7

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    Quote Originally Posted by jacky_se:
    4 months and 5 years are 2 different things. Didn't you know that?

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    I'm sorry you are right, it's even more stupid to ask for predictions in 5 years than it is in 4 months. My mistake... I'm sure you'll get much deeper and enlightened answers than you got two weeks ago

    Perhaps you should start a thread about whether June will be a rainy month in 2015...
    Last edited by gilleshk; 30-06-2011 at 05:49 PM.

  8. #8

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    OK then:

    I am selling if I get a good price, and renting if I don't. The question is: what price is good? A few factors come into play there, so that's the 1 million $ question (quite literally).


  9. #9

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    Quote Originally Posted by gilleshk:
    I'm sorry you are right, it's even more stupid to ask for predictions in 5 years than it is in 4 months. My mistake... I'm sure you'll get much deeper and enlightened answers than you got two weeks ago
    Dude, if you don't like this thread there are many others...

  10. #10

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    Quote Originally Posted by jacky_se:
    Dude, if you don't like this thread there are many others...
    That's true, I could also go to the other renting thread you posted a couple of days ago. Not a very independent thinker I guess...

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