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    Capital gains.. from where exactly?

    I think the first paragraph's highlighted text is the key here. I don't disagree with that. Similarly I don't disagree with Seech's assertion that these regional properties can be profitable. Through impeccable timing Seech has more than demonstrated that, as have others. I guess the key...
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    Capital gains.. from where exactly?

    Hi Seech & Bill Of course you're correct on one point, the numbers don't lie. As a mere wordsmith I'd be loathe to match calculators with you both...;) but here's my back of the envelope calcs... To be fair Seech I think you've overestimated selling costs...but perhaps you're paying...
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    Capital gains.. from where exactly?

    My crystal ball still seems to be broken :rolleyes: Were they really prepared for unforseen contingencies? You can insure against many risks. wrt jobs, well unemployment is low and demand for labour is v. high (failing all else...go west young man :D ) There's nothing WRONG with it. It's...
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    Capital gains.. from where exactly?

    Kenneth Your $32m people obviously didn't build in sufficient safety margin. I'm half stirring when I say "borrow to the hilt". The extent to which you borrow should ALWAYS be considered in context of your cashflow and the potential downside from vacancies, loss of jobs and loss of IPs...
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    Capital gains.. from where exactly?

    But selling and then buying back real estate is so inefficient! 1) Unless it's the family home then CGT takes up to almost 1/4 (even with the recent drop in the top MTR) - although this is true of other asset classes 2) Agent's commission & associated costs - far better to sell your...
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