翻開歷史, 中國乃至全世界都是為著爭奪土地發動戰爭....幾乎所有朝代都如是.

時至今日, 雖然沒有戰事...但本質沒有變, 人類(尤其是中國人)對土地依然有著強烈的偏好, 只是換成了用金錢而不是武力奪得.

為什麼呢？因為擁有地盤就是強者的證明, 誰人想一輩子寄人籬下, 看業主面色做人, 幫業主供樓呢...這班潛在買家的置業心一日不滅, 市場總會有一定的購買力.

Is it coincidence?

While investors await for Ben Bernanke's key policy speech at Jackson Hole tonight, on the other hand, Buffett gives $5B vote of confidence to Bank of America. Bank of America is not an investment bank, the big piece is mortgage loans. Looking back, Ben Bernanke announced to remain the interest rate unchanged till mid of 2013. Why? He understands that QE3 doesn't work to pick up the economy. 

The Obama administration is considering further actions to strengthen the housing market, but the bar is high: plans must help a broad swath of homeowners, stimulate the economy and cost next to nothing.

What is the solution? Refinancing.

A wave of refinancing could be a strong stimulus to the economy, because it would lower consumers’ mortgage bills right away and allow them to spend elsewhere.

What is the impact?

The great property bubble may be blowing.

Believe it or not?

我係獨立身份, 並無用不同o既名出post, 請不要枉作小人

君子坦蕩蕩, 小人長戚戚, 我預左俾佢地班人刪除留言, 不過無所謂, 我唔會再睇王文彥先生的文章了, 反正道不同不相為謀, 而且有咁多網管出黎護駕, 王文彥先生都算係咁喇

我都覺得奇怪, 點解o個邊咁少留言, 而哩邊就每篇都留言不斷, 大家自由發表言論, 終於明白!

各位，

在過去一星期，網站有非常多留言，亦非常有建設性，水準之高，令我目瞪口呆。大家公開討論，甚至有時大家互相解決問題，我相信其他網站是很少有這種情況。為此，我當竭盡所能，寫多一些好文章。當然，大家理念未必相同，我亦非常歡迎賜教。除非有涉及私隱，粗言穢語，否則，絕不刪除。

有消息指政府亦非常留意這個網站，尤其是各位回應，故此希望大家各抒己見，盡情發言、討論。多謝！

To DT:

Buffett's BofA deal is actually a packaged deal with 50K shares of perpetual preferred stocks with liquidaton value of USD100,000.- each (here comes the USD5Bn) yielding 6% p.a. perpetually...what's more, it embedded a call option to buy 700M common shares at strike price of USD7.14. For information, last night BofA surged to USD7.65 per share (+9.4%) in a single day. So the option has been in-the-money already.

用簡單的話說, 不是巴菲特有眼光, 而是他僅僅用名氣便可以得到凡人沒法得到的絕世好deal... 

各位留意今晚伯南克的新招，應對後市有些啟發。

王文彥時常口不對心，文筆是不錯，亦不知是心腸不好，或是真的一直看錯市。因他的言論而坐失良機者不計其數。老施老猫燒鬚勇於認錯，但王文彥卻沒有此等修為。發財而不立品，言何立德，立功? 真枉為地產界先輩!

博士定調，施永青為地產界泰山，黃建業地產界為北斗，而王文彥根本不入流。

湯博士，油街之成交價是否意味各發展商對未來三年較保守看法呢? 或根本市場上估價者不貼市，正如大輸一樣，一味靠估呢? 請賜教小弟。

『有消息指政府亦非常留意這個網站，尤其是各位回應』

政府信你就大檸樂，遲早暴動，而你呢隻豬就會俾人拎去劏嚟祭旗

That is true in the economic terms. At the moment, investing in the real estates in Hong Kong is very poor or noisy. It is not fair  to the investors or / concerned companies who use the necessary capitals at their risks to create jobs and  to pay much taxes to the society.

For the unforeseeable in future, we do keep at least 2 properties in life, one for living and another for medical compensations for retirement partly because of aging problem and unstable currencies around the world. Maybe, one day or a long period we have a near to zero interest in banks and at the same period we need to face a bad inflation due to poor exchange rates of our dollar.

Love Hong Kong which has creative minds. We have common laws over 150 years and many hardworking people. In China, there is around 9.6 million square km in land on which 1350 million are living, in which about 600 million people are heading toward the urbanization. It could be another 30 years for development. 

Why not in America with the similar land area for about 310 million population, the professionals said that if there is NO expectations in future, human beings will NOT work. Over  10000 airports there and overdeveloped railways and roadways, plus a sky-high debt of over ten trillion dollars. If this is the case, think about how to get the funds to maintain their infrastructures/buildings and living on gasoline/petrol just $3.0 a gallon ( approx. one half of hk) . The whole nation has been playing a debt game by switching different terms of bonds/treasuries or by paying debts to cover another debts, non-stop playing with their lenders, including domestic and overseas. It has been a game of cash flows in the globe over 40 years...

Good Luck to Hong Kong !

『地產霸權』一書是針對幾個大發展商利用政府的高地價政策，謀取暴利，再利用他們的財富，控制商户租金，超市貨品價格，公共交通收費 ...........。若博士不是書中所提及的便不算是地產霸權，對嗎？也不用將這頂帽子扣在自已的頭上，也不用怕給人打倒。再者博士離做地產霸權還有一段距離吧！

從事地產投資的人最多可以用炒家來形容，地產霸權一詞對他們來說完全不適用。

最不幸的是買樓自住希望可以對抗通脹、高租金的小業主，他們是政府高地價政策和地產霸權的犧牲品。還好，樓價的升跌對他們的影響不大，最受影響的是那些要向銀行借貸的炒家。

我有一位從事股票買賣的朋友，他說不怕股票升跌，最重要是要有成交，最怕個市橫行。

暴風雨來臨之前，通常都是非寧靜，股市、樓市也不例外，問題是很多時在不知不覺，毫無準備下發生的。希望各位要做好預防措施。

agree (1),

"people tend to believe what they want to believe."

Briefly speaking before 1990s, we have major and famous property developers/owners under the hands of British people , such as Jardine and Swire Groups /Holdings, etc. Now, we  have more real estate firms from Chinese in Hong Kong and Mainland, the local retail shops can go to anywhere for doing their businesses, including in the private and public places.

Try to see these retailers in the Links in the public estates & MTR's malls and stations by our government, in the business areas by british holdings, in the markets with air-conditioning by our government as well.

In the long term, they do have to face fierce competition in terms of supply and demand, good management , and/or in view of shopping online in future. e.g. telecommunications fees in Hong Kong.

    上市公司                                    市值 (億元) 以8/26 收市價計算

1. 新鴻基地產                                2686

2. 長江實業                                    2400

3. 港鐵公司                                    1487

4.九龍倉集團                                 1430 

5. 恆隆地產                                    1241

6. 恆基地產                                    1052

7. 太古股份公司A                           922

8. 信和置業                                      583

9. 新世界發展                                  373 

不要忘記特區政府才是最大的地產霸權，因為它擁有無限市值的土地。

回暴風兩的來臨:你用股票的思維想樓市,會不會簡單事情複雜化呢?其實業主們都很簡單,供得起米繼續供羅,此終中國人都想有自已的安樂窩,有餘錢米買多幾層樓收租羅,起碼退休後能自給自足,你說有什麼投資可以穩賺每月0.4%(年息有4.8),還有把物業變為美金,我們可以用來投資什麼地方,如果樓價跌,我都想買多層

有冇本事揾首期呀!有冇供樓能力呀!

有冇勤力過呀!何德何能呀!...

去炒股做点心吧!轉身快,賺錢易,唔會負資產,不用交物業稅.

地產霸權一書,只係將d報紙剪埋,然後譯英文,根文成本書邏輯同文句不用,不過呃到鬼佬,然後改番個起哄書名,又呃埋d冇腦香港讀者.

而該書作者只係一個繙繹,乜野都唔知,早年炒西半山一層樓,升左些少,急急賣樓,然移民,番到hk買唔番,就憎到地產商死一死,家下在加拿大差不多要攞救濟,d勻本書賣得,得番d稿費幫補下生活....

曾問過傻更更買左本書既朋友,十個有九個話根本睇唔晒本書,皆因內容雜亂無章,係個d廢青同政棍,至會當執到寶,不過佢地九成九都冇睇晒本書,只係貪方便,用地產霸權個名瓜瓜嘈

博士, 如果你能解釋到今時今日香港的貧富差距及居住環境惡劣不是由地產商所做成我會相信你不是講廢話, 不是在替地產商說話.

如果你再能以今日年青人的身份(不是站於昨日的年青人立場), 寫對香港的感受而得到共嗚者我佩服你,  你德高望重.

我生在香港, 在香港長大, 经歷了70多年, 我好討壓你的文章

回30樓,要博士答你,不如你先證明香港的貧富差距及居住環境惡劣是由地產商所做成,要有數據及理據喎.

正如科大經濟教授雷鼎鳴話齋,說香港貧富縣殊的人,永不將香港的低稅和低福利計入,至於居住環境惡劣,又點解咁人想來香港?

好似1樓話齋,人解決不少自身問題,就鍾自製假想敵,香港最好就搵發商啦.尤其在香港,鬧人冇成本,又唔使坐監.

如果讀過基礎的邏輯同哲學，猶其係知識論，就知道要證明一件存在事相對容易，證明不存在卻極難，甚至是不可能，較可能之道，只是將所證明存在事情的證據駁倒，間接推番證明其存在之虛惘而已．

所以呢，kc應該先拿出證明所謂地產霸權的證據，來讓人駁倒你，而不是自已思想懶隋，叫人家證明可能根本不存在的地產霸權．

以上也是香港實施普通法的精神，舉證在控方，不是辯方找證據，相反則是大陸法，容易做成冤假錯案．不少人說捍衛自由，民主，為民請命，只懂叫口號，卻連一些基礎知識都搞不清楚．

kc，依家免費幫你上課，如虛心受教，得到益處，請食飯就唔不用了，咁鐘意幫人，捐下錢啦．你知唔知，湯博士間紀惠集團，一年捐幾多錢？廖太做善事，一向低調，如果你知道數目，隨時嚇死你．

有人揾萬幾銀個月但幾層樓收租。

但都有專業人士都做緊無殼蝸牛。

最主要嘅分別係做人有無積極思想。

在香港無積極思想係好難做倒業主。

當你有積極思想嗰陣，你就自然揾倒方法去上車。

當然你要量力而為，做嘢一步一步黎-----從一房到兩房、從大西北到市區、從單幢樓到大型屋邨、從乜都無嘅舊樓到泳池都幾個嘅豪宅，每月供樓支出控制在4成樓下，自住當交租，咁就理他樓價升跌！

There are many wise people in Hong Kong. Quite often the local residents do their shopping, they would consider the environment such as convenience, hygiene,comfort,etc., varieties, performances and price tabs of products/services, sales manners/attitudes, individual needs...

Every resident & visitor can have a free access to the places that they want to spend their time for various purposes...

Hope to see some statistics on the salesable areas for shopping in Hong Kong. It should include the private and the public ones for selling at indoor & stands on the streets, sales volume of online shopping as well.

There are two options for the economy in the near term:

1.Three Lows. low growth or low investing, low interest rates to buy time, and low carbon living/lower needs for existing; or

2.Three Highs. high unemployment index, high inflation rates,high political risks/stresses.

Do we want a lastest hope/dream like americans who may live in the future traps and/or a house under water ???

那些批评博士的poor guy，点解吾敢回答博士的问题，

從來沒有一個說後母的兩個小女兒，發奮圖強，在大女兒離家後，他們兼負起養家的重擔，情況一如今日整天叫「打倒地產霸權」的人，當沒有人投資地產，香港的財政緊拙，他們不但不為全香港出力，只會依然蝸居在「公屋」，依然申領綜緩，等待另一個行業出頭，再打倒他們。

饭民poor guy，现在闹地产霸权最有力的就是那些得益以地产霸权的公屋户和綜緩户。这批人四肢发达，头脑简单。只会眼红。全部都是垃圾，人渣。

03年，当地产霸权消失的时候，班公屋户和綜緩户肯吾肯负责任呢？肯不肯减少福利，和交多一点税呢？问题是否的。老董要改变高地价政策，但是班poor guy 政客有无比机会他呢？

今日班poor guy竟然跑出来叫地产霸权。人渣中的人渣。

回42樓,如果你提供個3種數據有意思,就算沙士時樓價跌了七成,都會話貴,即係話近幾十年樓價,香港樓價從來冇合理過.

難道樓價要跌九成才合理?

For No. 41)

Sorry to tell you that both I myself & my husband do not have any "i" products, "i-pod" maybe that I don't even use.  Cell phone's meant to be a communication tool, any cell phone that serves the above function can be used.(since I use my lap-top as internet service provider I do not need any i-service on cell-phones which I hate)  If you can save all these, I'm sure you can buy yourself one more apartment very soon.......

Indeed, we have five apartments, speculating the market.......next target island side....

To 無奈

Here is my interpretation of Ben Bernanke's speech.

No QE3 or other QE = The market confirmed this is the right message. S&P 1050-1100 holds and Dow is Up.

The Red could take more modest steps when necessary = It could eliminate interest payments on money that banks keep on deposit at the Fed, encouraging them to make loans instead.

The Fed's September policy meeting will be extended to two days = The Fed has largely played its part and that the politicians need to step up their game

Remember Professor Ben is the advocate of Great Moderation.

Buffett bought BOA = confirmed the economy is recovery slowly

From the above, I may see the slowly recovery of US property market coming soon.

To: 80後銀行從業員

I share you viewpoint.  The smart Buffett always has to pick up the good timing to buy the right price of stock. From Salomon Brothers in 1987 to Goldman Sachs and GE in 2008, it proved he is right. Now Bank of America today, I think so.

It is very difficult to buy the right price of stock at right time.

政府要解决现在香港经济的左倾问题，必定要令中产在选民基础上占多数。现在政策只会让所谓的基层占的比例成为多数，所有政客只会牺牲中产，来迎合基层的需要。

现在香港的问题，是没有一个真正的右派政党，来抗衡左派势力。所有媒体包括TVB的电视剧和时事分析和政党都是左倾。

港英时期，政府是强势政府，实行强势的资本主义右倾政策，当时媒体倾向左派系合理的，因为政府统治需要有一个平衡。

但是回归之后，政府变成弱势政府，完全被左倾的政党和媒体牵着鼻子走。