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Hong Kong Real Estate Requires 40% Down

One should not confuse with Hong Kong and mainland because they are governed by two different governments. This year HK real estate has gone up more than 30% because of the low interest rate as the authority is flushing the market with liquidity. Earlier this year HSBC was making mortgages at 1.25% interest rate. At this low rate all residential properties can be bought at current rate and one can still enjoy positive cash flow! In China the government has set the 30 year mortgage rate to 4.7%.

Floating Rate Mortgage in Hong Kong Is Setting Up a U.S. Style Housing Market Crash

If Andy Xie is the stock analyst at one of the US brokerage company you can forget about his comment. His remarks are generally there to attract news coverage, thereby increasing his reputation.

You have to follow the historic HK real estate prices. Even right now at less than 1% mortgage rate many units are still being sold at 50% less than what it was in 1997. Definitely the prices will drop 50% if mortgage rate goes up from 1% to say 6%.

China’s Exports Recovery - We Don't Buy It

China should send every US citizens a stimulus check! With the money we can buy more Made-In-China products...

Hong Kong and the Anatomy of a Parabolic Market Rise

The difference between our Internet boom in 2001 and the one ongoing in China is that our economy was not expanding at 11.9%. That is why I do not expect to see the crash as most stock analysts do.

With an economy expanding at the current rate of 11.9% in an emerging market, there will be many instances of market imbalances. The stock market will go up and down. However, if one goes in early and can stomach the ride, the results will be rewarding.

All you have to do is to look at the stock market in Hong Kong between 1967-now, Japan in the 1980's, and Taiwan as well. All those stock market went up multiple times in a few years before adjustments. The key is to get in early. I have confidence that this Chinese market will top 10,000 before 2008 Olympics.