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Need a Hand?
Your Next Project Starts with Brownstoner
Ha! Petebklyn…the other night at a dinner I met a woman who is a real estate agent in HK. Her specialty? Selling “distressed” U.S. properties to mainland Chinese investors. She knows the neighborhoods of Las Vegas and Detroit like the back of her hand….
WonTon, I saw that sale and posted it here a few weeks ago. I think the numbers were so mindboggling no one could believe them
Buy HSNGY & DBSDY
I think so. But a HK friend of mine has just bought his THIRD flat. He’s investing in property in neighborhoods he thinks are undervalued that will go up. I wish him well. Actually, property is about the most reliable investment you can have in Hong Kong, except maybe for stashing your cash in Renminbi, which comes with its own set of risks and problems.
I recently learned that the maximum LEGAL interest rate charged by lenders in HK is 40%!!
Yes, I’ll be hard at work here on Wednesday. This is the traditional time of the year where all the hedge funds get together and talk about bonuses and how to screw the middle class.
stevieB, you out there????
stevieB????
maybe I can find someone wanting to launder money here..can buy my place for $2500 sq ft.
at those prices certainly sounds better to rent, wonton.
rob’s post sounds like it could be the long lost additional lyrics to the Beatles “A Day In The Life.”
morning DIBS and everyone. Is beautiful day and weather is gorgeous. And wednesday is holiday for some of us (to bad stock market is open wed, but bond market is closed). I guess that means no holiday for you DIBS.
DIBS, fully recovered from B’Day partying yet?