Wish I had a crystal ball
404/ Number Cruncher any opinions?
I've been in Hong Kong long enough to have seen a couple of wild property swings. I have also watched guys "lock in" at 45k who are now kicking themselves
I keep thinking variable might be the way to go but what worries me is what happens to the "variables" when this agreement eventually gets terminated? If you have locked in I would imagine that you are fairly well covered as you have a value on paper with CX. (I know contracts are not always honoured!)
I'm looking at a property out in the countryside that will take around 9 years to pay off.
Help required - PLEASE.