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HK Retail "Strike" - 200 Shops in 14 Malls

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  1. #31

    Join Date
    Nov 2005
    Location
    Cramped island
    Posts
    3,938
    Quote Originally Posted by DimSumBond
    Landlords couldn't care less about the health of their tenants. If they collapse, at least they paid top dollars whilst they had any cash/ credit lines to draw from.

    The problem that landlords face now is a very uncertain future thanks to late stage capitalism, people living longer and low local birth rates. Hong Kong will continue its decline into another aging Asian city. Immigration will not be able to help as we are at the tail end of capitalism and will be in a state of flux (i.e. receission) indefinitely ... or until the powers that be admit it.

    Being a landlord is possibly the worst business to be in over the next two decades.
    but from the posts in this channel it doesn't seem so.. everyone are still waiting for the chance to grab their money making property once this SARS number 2 recovers...
    traineeinvestor likes this.

  2. #32

    Join Date
    Jan 2018
    Posts
    579
    Quote Originally Posted by freeier
    but from the posts in this channel it doesn't seem so.. everyone are still waiting for the chance to grab their money making property once this SARS number 2 recovers...
    People in property will always talk about how good it is as they are HOPING/ COPING that they will get a dumb OR cashed up buyer who will pay their asking price.

    It is definitely an overrated business and we are not in the right stage of the cycle to be in the business.
    AsianXpat0 likes this.

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