A bit peeved about my current situation. We just sold our property in Tai Wai after holding it for six years and it did not gain much. Currently interest rates being offered by hk banks are dropping like the dow. We do not hold any permanent residence in hk. Given the situation, it would seem alittle foolish to buy property now. Is putting the money in a CD the only worthwhile option? What do you think?
btw we sold because we didn't feel like we would use it much since we reside overseas and the building was getting old. In hindsight, looks like we should have just rented it out.