Less people drive then toll how to make profit? Hehehe

Hi Lucerne,

It is hard to believe such appreciation rate. From 2002 to 2013, increase 10 times? In between this 11 year period, any correction before? Is your apartment in Xuijiahui considered the exceptional performers? What about other districts?
Thank you very much.

1300 physiology level???
I would see 1200 rather than 1300..... However way down to 700 where price start to pick up in 2009 there is also numerous support (depending which tools u want to use  )..... So when is a good time to enter, 1200? 1100? 1000? 850?  nobody kno..........   
But I do see it will recover..... Jus 'sooner or later' question.....

Don't do anything only no worries for short term..... After a few yrs, when they see the prop price getting higher, inflation keep going up and etc..... They'll be even more worried.....   
That's wat we seeing some, if not, a lot ppl already worrying now.... All because they not doing anything few yrs ago......   

Great analogy. Apparently they choose to walk. It is the safest. But you will never reach the other side of the ocean.

And in the forum they tell people riding a boat is risky ! Who didn't know there is always risk in investment ? 

I thought that is Cantonese?.....  
Chinese shld be, 谁不知道老妈是女人   

I also agree "build then sell" ! (now you write longer and I understand what you said  )

DIBS means the developer adsorb interest expense during construction phase. So, the price of properties is imputed in the selling price (ie. price increase)

If you want "build then sell", not only does the developer need to bear the interest expense, they have to find banks to lend them money during the construction phase. So, instead of now DIBS interest mostly BLR - 2.4% = 4.2%, business loan is around 8%+. So the cost of construction is increased, and guess what ? The cost will be passed on to the consumers --> another round of price increase.

How you expect the price of property to come down ?

Has anybody noticed that bank valuations of new property launches have started to drop quite drastically in some areas? Is this a sign that the banks know something we dont?

Ask BBB ppl they'll tell u still good buy.....
Ask DDD ppl they'll tell u it's going to fall.......
   

DDD won't see BBB camper tat way oh..... In their definition of BBB camper is buy at all time at anywhere..... 

I do hav one where many could hav read before too.....
I'll summarize it in my own words.....
A shoe manufacturer boss asked 2 sales person to do a survey in a 3rd world country....
N salesman came back telling the boss, "Boss, ppl there dont wear shoe! There is no market in this country!"
And P salesman came back telling the boss, "Boss, ppl there dont wear shoe! That is a GOLDEN OPPORTUNITY!"

Can't believe you come out with this statement as you claim that have bought this and that, you should have more knowledge and experience for this kind of calculation

from car, to philosophy and now back to macroeconomy 
USA is stil taiko and not china nor any of the bric or etc  pls compare against dow jones performance
http://www.ft.com/cms/s/0/db818090-dc9e-11...l#axzz2XtnE6JC2
http://finance.yahoo.com/echarts?s=000001....urce=undefined;

ben says QE tapering is dependend on economy improvement. but the americans hav voted for obama and a continuation of welfare state 
http://rt.com/usa/food-stamps-record-americans-119/
And the number of food stamp users has been creeping up every month, as millions of Americans continue to sink into poverty.
All-time records continue to be broken, and news agencies have largely stopped reporting on the rise in food stamps each month.

next presidential election is in yr 2016, so democrats anti-buss stil in power unless republicans win the senate in 2014
so we can rule out any improvement in their economy and the world too for the next 2-4 years
http://phys.org/news/2013-05-business-unce...-corporate.html
Businesses are uncertain about the yet-to-be-realized costs of policies such as health care, tax reform and environmental cap and trade as regulations take shape and are implemented..... Contrary to what some have argued, company access to capital is not the prevailing issue

those usa voters voted for change and they truly deserve it  even bolehland gdp growth much better than usa
http://useconomy.about.com/od/economicindi...-statistics.htm
the tapering remarks gave mkt a jolt, so those doing acquisition or bond offering wil think twice. no worries, new fed boss oso like QE 
http://www.wrapmanager.com/images/uploads/...arket_Gains.pdf
With Corporate America now raising about $2 trillion per year at attractive
rates (3% or less) in the bond market, many companies are awash with cash, with many are using to either buy back their
shares or to buy other companies.

does share buyback increase stock price? how do those co increase sales thru tis difficult period 
http://www.usatoday.com/story/money/market...evenue/2116147/
Cost-cutting is allowing companies to post another quarter of better-than-expected profit..... Revenue growth, though, is still missing

is QE relevant  depending on which side u r on. if pesimistic, sure negative la. if optimistic, then positive lo 
http://ciovaccocapital.com/videos/qe/qevideopartfive.html
Federal Reserve’s QE program works. Primary broker-dealers, not banks, are the primary recipients of the Fed’s newly printed money. Hedge funds, sovereign wealth funds, and high net worth investors all over the globe can participate in the Fed’s QE 2.0 process
http://www.ritholtz.com/blog/2013/07/81-5-...ng-the-economy/
81.5% of Money Created through Quantitative Easing Is Sitting There Gathering Dust … Instead of Helping the Economy

I am more interested in share market rather than prop due to its liquidity and the ability to short if things goes south. its good to see u understand qe, interest rate as most others find it difficult too  Jesse Livermore says "The market is operating in future time. It has usually factored in current events". thus the dow at 15k is very telling 

Was puzzled why nobody talked about women yet 

Your chicken takes 20+ years to hatch ? What an egg you have. Is it from Neptune ? 

Seriously, there are many report cards during your life. But it seems to you there is only 1 ultimate report card to sum up your success - the report card at the time you die. Where got fun like that ? If you made money during 1987, then that is a report card. The chicken has hatched. If you lost money during 1997, then that is another report card. You egg is rotten. Do you cry over your rotten egg ? No ! You accept it, look forward, and work harder to redeem the money you loss !

Bro, many people survived the downturn during 1987, 1997 and 2008, and emerge stronger ! Only people who have experienced the downturn will be confident of how to manage crisis. And they will say there is nothing to be afraid of during economic crisis as long as you are prepared for it. Economic crisis is not the end of the world. It is a phenomenon in economics. It WILL happen one day. If you are afraid of economic downturn, then you will be stucked at where you stand forever. Because economic downturn is 100% sure to hit us one day

Embraced the negative happenings in your life and ride through it. That is how a man grow up.

I know no amount of words can convince you now, until you have actually seen yourself through 1 economic crisis and emerge stronger. Then it will change your view on your life.

On a positive note, you wrote longer now to express yourself which shows you are more confident on the subject. Keep it up !