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Unbelievable: 200k flats (9% of HK's housing stock) unoccupied

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  1. 14-10-2011, 11:49 PM #1
    dear giant
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    Unbelievable: 200k flats (9% of HK's housing stock) unoccupied

    Those are the figures cited in Asia Sentinel: How About 'Occupy Hong Kong?' (via drumbrake's post in the "Occupy LKF?" thread).

    Everything here, no matter how crappy/depressing, is turned into some sort of sad investment: concrete boxes, taxi licenses, Mainland car license plates, etc.

    Last edited by dear giant; 14-10-2011 at 11:58 PM. Reason: added link to 'Occupy LKF?'
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  3. 15-10-2011, 12:01 AM #2
    drumbrake
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    Maybe they are just used to store the handbags...

    dear giant, Watercooler and subsist like this.
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  4. 15-10-2011, 12:33 PM #3
    East_coast
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    Speculation - not investment. With those in the know with a significant adantage.

    Housing bubble will be painful when it bursts

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  5. 15-10-2011, 12:57 PM #4
    Ramdom
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    if they are 'in the know' then they probably won't feel much pain if there is a bubble

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  6. 15-10-2011, 01:48 PM #5
    100LL
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    Quote Originally Posted by East_coast:
    Housing bubble will be painful when it bursts
    Why would it burst?
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  7. 15-10-2011, 02:10 PM #6
    randy1
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    Quote Originally Posted by drumbrake:
    Maybe they are just used to store the handbags...
    Rediculous to describe this lady as "autistic". Most likely obsessive-compulsive disorder, which is a totally different condition.
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  8. 15-10-2011, 02:41 PM #7
    PDLM
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    Quote Originally Posted by randy1:
    Rediculous to describe this lady as "autistic". Most likely obsessive-compulsive disorder, which is a totally different condition.
    Not only able to out-do financial specialists, but able to out-diagnose medical professionals simply on the basis of a newspaper article. Are there any limits to this man's talents?
    Last edited by PDLM; 15-10-2011 at 02:42 PM.
    HowardCoombs and subsist like this.
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  9. 15-10-2011, 04:24 PM #8
    aliendavid1
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    I think they misplaced the article Business mecca for Kowloon - The Standard

    It's supposed to say Park Island not Kowloon bay.

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  10. 15-10-2011, 04:38 PM #9
    HowardCoombs
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    Quote Originally Posted by PDLM:
    Are there any limits to this man's talents?
    Becareful - HKF got the boot for insulting our favorite time travelling soothsayer.
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  11. 15-10-2011, 04:40 PM #10
    aliendavid1
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    Quote Originally Posted by HowardCoombs:
    Becareful - HKF got the boot for insulting our favorite time travelling soothsayer.
    I think he got the boot for insulting EVERYONE
    Dreadnought, MovingIn07 and shri like this.
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