06.12.2010 - To rent or to buy?
From WSJ: Despite the government’s measures to cool the property market, Hong Kong real-estate prices are still close to their 1997 peak. Many expats are continuing to ask: Rent or buy? Pricilla Chu, vice president of ipac Financial Planning Hong Kong Limited, which caters largely to expatriates, encounters this question often. Arriving at the right answer requires a careful analysis of finances as well as a realistic idea of how long the prospective buyer intends to stay in Hong Kong, she says..............................................Full Article: Source
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