BiscottiGelato

Just to sum up my points, cuz I can't sit here reply all day.

I am not condoning a certain specific kind of investments. I ain't an investment expert myself. I definitely suck as an amateur trader. What I want to say is, I think in general, and also by the tone of this post, a lot of people just think buy > rent for almost all cases. I think that conclusion is widely emotionally charged and is based on historical trend. This is dangerous. It's evident that housing prices, like all asset, will never go up forever. One should think twice if their investment thesis is based on this assumption. A more fair and rational assessment before buying a house is definitely deserved. Reassessing the points stated by the financial professor in the video CP posted can be a good start.

If anything, there's probably more downside than upside coming up for the Vancouver housing market. In these times, one should mind more on the risk, not the return. There will be better opportunities down the road for return based investment, buying housing now is probably not the best chance for this.

samsung

yeah!!!!! this is top 10 now, congrats!

biggie

When the interest rate is rising, your interest payment on your mortgage goes up (outflow), but at the same time, you can earn higher interest or create value if you own call options. (inflow)

This makes little sense. Since the interest rate on the mortgage will be higher than the interest bearing investment, you would always pay the mortgage first. If you invest in high yield junk bonds, then you have to consider the probability of losing your principle. Therefore your so called "hedge" won't work.

Your next point, "own call options". Do you really know what you are talking about here?

大C姐

This makes little sense. Since the interest rate on the mortgage will be higher than the interest  ...
biggie 發表於 2010-7-17 15:56

    我唔係finance professor﹐我唔敢教人﹐但係若然你買層樓真係咁驚利息會升﹐市面可以買好多衍生工具收息。另外如果你有投資銀行同你manage一個portfolio﹐人哋自然會識幫你做對衝﹐interest rate risk唔會太難minimize卦?

當然你真係真係好驚加息﹐最好就係鎖死interest rate﹐你鍾意的話你買樓果陣可以fixed 30年架。講到尾﹐你個mortgage如果唔係太大﹐一般加息對你影響根本唔算多。就算你做variable﹐而家普遍都做到prime-.15 或更低﹐拉均5至10年計﹐我都覺得唔算高。

Catpiano

Just to sum up my points, cuz I can't sit here reply all day.


BiscottiGelato 發表於 2010-7-17 15:01

    LOL

I want to know too .. how to just SIT here and reply all day gei lei? lol

大C姐

yeah!!!!! this is top 10 now, congrats!
samsung 發表於 2010-7-17 15:12

    多謝晒﹐我覺得我贏左自己囉。我贏左咩咩大C姐不再出現...

呢度我想多謝我經理人﹐梳化服嘅同事。我知道promotion果邊都出左好多力﹐另外最緊要多謝大會同埋各個評審單位。我會俾自己驕傲﹐希望再次打入十大。


-- 其實我真係好鍾意擺post嘅大C姐

sheep

係因為太多人想小你

Catpiano

係因為太多人想小你
sheep 發表於 2010-7-19 11:33

Not me .. thx..

sheep

如果被人小 一個都嫌多
到尾 可能係我一個

大C姐

Just to sum up my points, cuz I can't sit here reply all day.

I am not condoning a certain specific ...
BiscottiGelato 發表於 2010-7-17 15:01

    岩岩呢幾日同幾位朋友講開買樓﹐我都想做個總結。原來受訪者中﹐會選摘賣樓大部份係女性。其中選摘買樓嘅男性都係住家男。其餘唔會選摘買樓﹐寧願將D錢去繼續投資滾大嘅﹐100%都係男性。當然﹐呢個poll只係訪問左我圍內十幾個單身朋友﹐唔可以完全包括晒所有獨身男女嘅喜好。不過我都覺得有少少理論可以見到﹕女性講到尾都係想有自己屋企﹐穩穩定定有個家。呢個可能係與身軀來嘅天性。

其實BiscottiGelato講都無錯﹐你囉住個首期去投資回報好大機會會大D﹐同埋會流動D。但係有錢滾大之餘好多人係想買個"家"﹐買個安心。好多人會覺得有頭家點都唔洗俾人收返層樓﹐有多D安全感。若然有能力的話﹐再另外儲一筆錢去投資當extra收入都未償不可。


-- 浪女之中又帶一點感性嘅C小妹