Hong Kong is Crashing?

A sharp reversal in Hong Kong home sales. Condos down 20%. Some panic selling (South China Morning Post). Further, the local Centaline Property Agency estimates that total Hong Kong property transactions in January were the worst month since 1991, when it started compiling monthly figures. In other words, the biggest drop in recorded history! A sale of a big condo

By |2019-05-29T19:42:23-07:00February 29th, 2016|Categories: Hot Tip|Tags: , , , , , |0 Comments

Facts By Email #5 – The Numbers, The Numbers – Vancouver

HONGKONG CRASHING? VANCOUVER NEXT? THE ASTOUNDING VANCOUVER MARKETS THINK BIG: CREATE A NEW VANCOUVER SENSELESS PANIC, HOLLOW THREATS OVER ASSIGNMENTS WHERE THE JOBS AREN'T IN B.C. GET INTO OLD CONDO BLOCKS. NOW WHISTLER HOTEL RENTALS; THE NEW FREEHOLD CASH FLOW PLAN

Hot Tip: Real Estate Outlook 2016

How will the BAD CHINESE NEWS affect real estate? In our upcoming Outlook issue: 1. Chinese economy slowing, stocks down 20% - we know that Chinese money will flee the currency decline: WE WILL TELL YOU WHAT COMES AND WHERE IT WILL GO 2. Stocks DOWN 20% in China, 9% in Canada everywhere: WE WILL TELL YOU WHY

Chinese (and other) market crashes

1. China had an over-developed real estate market (accounts for around 15% of the Chinese economy). Home prices in China’s major cities crashed in 2013/2014. This put serious pressure on Chinese consumers, since around two-thirds of the typical Chinese family’s wealth is tied to their homes. 2. When housing started going bust, Chinese investors started

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