we can increase our creditability and thus borrow more money and thus overcome the save in rates easily
e.g.
given your flat is 2.2M
and we cooperated to raise the price to 2.7M and the bank valuation follows
we can effective borrow 0.5M from the bank
this 0.5M can earn 50K a year with 10% annual return in investment
and then we just have to repay 35K of interest
finally we earn 15K - x where x is the rates
not to say if we reinvest such 15K-X with certain annual return
See?
Rates is just nothing when compared to our POTENTIAL income
[refer econ it always blow water for "market price is determined by the cheapest Item"]
we have a expected income of
Prob (Y) x 0.5M in the coming 1 month
where Prob (Y) = probability of selling out our flat in the coming 1 month
of coz
short term Prob (Y) could drop
but
long term Prob (Y) willing be expected to be very close to the current Prob (Y)
becuase the market will be 'adapted' to the raise in price or the investor may even anticipate a rise in price and thus be willing to pay for a high premium作者: andrewp23 時間: 2005-10-14 18:16:26
for socialogical speaking
there are only 2 sectors of human being in the world
1. rc holder
2. non - rc holder
rc holder should support rc to be expensive unless he wanna be poor
right?
for different stages of life
it is very reasonable to expect RC to rise
1. those wanna "FRY FLAT" can really "FRY FLAT"
2. those dont wanna FRY FLAT can use the raised credit limit to do real business
e.g. i got a friend who got mortgage money to run his small restaurant
3. raised RC will give more buffer to US before we really become negative asset
as far as i know the valuation by valuer is done with respect to market successful transactions
if those transaction are keep high by us artificially
our flat can be less likely to be negative asset if we have 'adjusted' the price to high now
there are certainly some customer who really need to purchase our house and adjust the price won't stop all buyers
[e.g. they wanna live close to mum]
instead they will adapt to our price when time pass by
please be reminded that
you adjust RC don't mean other flat will rise
so it won't affect you if you change flat to somewhere else
you sell Rc cheaply don't mean the macro market all over hk will fall作者: Jess and Burns 時間: 2005-10-18 12:34:54
[quote:14dde90860="unicorn"]for socialogical speaking
there are only 2 sectors of human being in the world
1. rc holder
2. non - rc holder
rc holder should support rc to be expensive unless he wanna be poor
right?
for different stages of life
it is very reasonable to expect RC to rise
1. those wanna "FRY FLAT" can really "FRY FLAT"
2. those dont wanna FRY FLAT can use the raised credit limit to do real business
e.g. i got a friend who got mortgage money to run his small restaurant
3. raised RC will give more buffer to US before we really become negative asset
as far as i know the valuation by valuer is done with respect to market successful transactions
if those transaction are keep high by us artificially
our flat can be less likely to be negative asset if we have 'adjusted' the price to high now
there are certainly some customer who really need to purchase our house and adjust the price won't stop all buyers
[e.g. they wanna live close to mum]
instead they will adapt to our price when time pass by
please be reminded that
you adjust RC don't mean other flat will rise
so it won't affect you if you change flat to somewhere else
you sell Rc cheaply don't mean the macro market all over hk will fall[/quote]
sorry
i dont want to insult others
but whether a product is good sell/sellable
also depends on the situation of holders
RC holder are famous for 'buying the most good value per price in the past 10 year'
so there are really FEW who really wanna sell RC out because they hardly find somewhere fit with the same price and the same quality
i guess this will be resolved IN a very long run
[have you heard of ho king toi it is RUBBISH but the price is deadly expensive because the buyers got it expensive. that means the flat price also depends on the situation of the owners]
即係你叫我明明唔想賣都同地產佬講話放咁呀?
咁都好喎. 一係你比你個電話我. 我同地產佬留你個電話 佢一找到有 人想睇樓你就幫我求其孚蜆下佢. 總之. 唔好煩到我就得架啦.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
it is practical
and it can benefit to our price!
同地產講樓價 唔一定要比人睇樓 如果你嗌高20% 我唸地產都唔會睇 最多電話傾傾. 到價先至看囉 到時你又加啦.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
it is practical
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
oh yes
we got relatively poor now
however
i think we MUST first throw away our management company
and then we need to ask those BIG BALL TV stars to swim in our pool to get our price raised
in short
"throw away our management company can raise our wealth!"作者: CJ 時間: 2005-10-19 10:44:44