Showing posts with label Hong Kong vs New York. Show all posts
Showing posts with label Hong Kong vs New York. Show all posts

Saturday, December 25, 2010

Hong Kong vs New York Property


Hong Kong vs New York property

Price appreciation:
New York is a stable, 10% per year average appreciation while Hong Kong can go up or down 40% a year.  New York is safe, Hong Kong provides more adrenalin.  Don't buy in New York and expect to flip in 2 years.  One should have expectation to hold at least 3-5 years.