Look4chrisng

前排睇o左個香港節目講80後好難上車,其實溫哥華都唔好得去邊,當香港排第一o既時候,溫哥華都排o係第三位... ...
auyatyat 發表於 2011-1-29 02:45

Her boyfriend is very good. Should grab him as husband asap.  It is hard to find man like him in these day and age.

Don't listen to people who say real estate is a sure thing.  Just look at USA, it is down for 20-30%.  And people are losing their home left and right. No one knows where the market will go.  You have to sort it out yourself for your own situation.

If you decided to buy, remember to add room in your budget for interest rate to increase.  And make sure you know how your budget works inside and out, and be able to hold onto your home when rate at 6-7%.

Look4chrisng

I think nothing is gonna 100% safe investment. Not to challenge you, but please do let me (us) know ...
FiChai 發表於 2011-1-31 11:38

Not only they have $0 value, sometime they have neg value.

Remember the RE value in HK after 1997?    How many people dead because of -ve value of the home/investment.

Look4chrisng

In fact, for the $0 down/40yr mortgages.  The first moment they sign off the mortgage, their home is less than $0 value.

I am not trying to say RE is bad/good.  But before you sign off the biggest purchase of your life, you should at least know these concepts.