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Old 15th July 2008 | 14:48
  #15 (permalink)  
hongkongfooey
 
Joined: Sep 2007
Posts: 947
Likes: 0
From: asia
Hey Chuck, unfortunately ( as usual ) 404 is correct, enjoy the 2.5% rates while you can.
Whilst I do not agree HK is a bargain, I think apples for apples it is not bad buying.
Australian property is less affordable now with 9% than it was in the mid 80s with around 17% interest rates.....fact !
To back that statement, take the average mortgage V average income 20 odd years ago V now, not good.
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