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Buying Hong kong property
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15th Jul 2008, 05:34
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Charliethewonderdog
Join Date: Dec 2005
Location: Australia
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In Aus... interest rates are going up... around 9% property going up by about 10-15% still, on the back of 4.2 % inflation... HK is still a bargain.
500,000 loan at 9%... = 4200 a mont over 25 years,
at 2.5 % is 2200 a month. join the dots.
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