Do what the Romans do

In 2007, I investigated the possibility of buying real estate in Hong Kong.  I was convinced that NYC real estate prices are close to the top given where the prices were and the impending slowdown of the economy.  Sure, HK real estate has gone up significantly too; but there’s the China story.  Jack Ma of [...]

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Guess where this is

   
Yep, Beijing.  I won’t be able to tell… the townhouses (and cars) on the top-left picture are quite similar to those one can find in N. California.  

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China Real Estate

Some interesting findings about real estate in China:
- There exist only a primary market for residential real estate.  There’s really no second hand market as of yet.  This can be attributed to a few different reasons: 1) If you have money in China to buy real estate, you’d have enough to afford quality ones; 2) [...]

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