To each his own.
The money one may make by purchasing a property in HK may not be worth the value of the sacrifice in lifestyle reduction over the period of time to some people.
Ie. buying a small apartment vs renting a large luxury home for a single guy is different to those people living here with a family.
Some people may prefer 10 years living on The Peak in a colonial 3,000' lowrise or townhouse, enjoying lifestyle and space regardless of their loss in "property profits". Instead of 1,000' in Mid Levels or DB.
Either way, if you're happy with your choice then it doesn't matter what goes on in the other camp really, does it? And each is correct in his choice.
However, if you do choose to buy , I say: buy when everyone is selling and sell when everyone is buying! It really is that simple!!
