Agree that people shouldn't sell their only property.
But ah...regarding the time deposit rate of RMB in mainland China banks, a pure 5-year time deposit rate is 5% per annum and need not to link with any stock or fund. Before rate reduction, 5-year TD rate was 5.5%p.a.
China has control on all TD rates (no competition on rates among banks), so, you can go to any bank to check their TD rates and they will give you same set of rates. And they are pure TD rates and need not to link with any stock or fund.
I really don't understand why the Zhuhai manager gave you that answer....maybe there were some misunderstanding there. Me myself has quite a few pure TDs in the banks of China with different maturity. No any linkage to stocks or funds and so far, got no problem in getting back interests and principals. The highest 5-year TD rate is 5.86%p.a.
It's basically right what Dr. Tong suggests for people to buy their own-use apartments, combined with the pt. raised by 80's Banker, it's easy to associate those celebrities like Leslie Cheung(before he moved over to Canada he also rented apartments from diff. areas & enjoy diff. views & styles of living) There's nothing wrong about that provided you can afford & make your cash flowing in easy. Or use 80's banker's term, your AUM(asset under management) is pretty awesome then there's no need to struggle for a self-owned unit.
Unluckily, most of us are just ordinary people who doesn't have that kind of financial knowledge & asset under control, if you don't own at least one for self-use, most likely you're gonna be a loser at the end(if you are not qualified for any gov. housing help)!
17. To 10 2012-07-19 21:53:54
大亞湾爆炸，幾多間楼都冇用
18. Guess 2012-07-19 22:01:41
Under China's official management, Dai Ya Bay may explode within 10 years. HK cannot escape too.
1. 樓價HK$2,000,000，一成首期，貸款HK$1,800,000，假設HK$400,000支付中利息比例為25%*，即償還本金為$300,000 (HK$400,000 x 75%)
2. 還本 = 首期HK$200,000 + 四年本金$300,000 = $500,000
3. 四年還款HK$500,000 over 樓價HK$2,000,000 = 1/4
*粗略估算
41. anggie T. 2012-07-20 15:55:31
Properties in H.K. may be fun but as common sense suggests:don;t put all the eggs in one basket.....Anyone buddies No.9)Kiwi ?? Have exp. in investments abroad?? Where would be a good place to buy & rent?? What's the return?? Thank you!
42. To 陳大春 2012-07-20 16:49:57
唔好意思, 咁即係話你講既租金收入只係供左15% of your flat price, 300,000/2,000,000 = 15%, not 25%
你講既首期is irrelevant in your argument, coz you can pay 50% or even fully pay your首期. But your argument is “租樓4年已不見了四十幾萬，四十幾萬唔野少，如果用來供層二百萬的二手居屋，在這底息環境下，四十幾萬可能可以供了4分之1.” All your argument is租樓4年can pay how much proportion of your property.
43. 陳大春 2012-07-20 18:45:13
To: 42/F 師兄,
Thanks a lot for reading my postings and calculations in details! Have a nice weekend
44. 螢火虫 2012-07-20 18:47:13
同意29 & 32
45. mini 2012-07-20 18:53:36
不要隨口噏, 口爽爽.
The design & operation of the Daya Bay Nuclear Power Plant is totally different from the old ones in Japan. Also, the plant in Shenzhen is being managed by many professionals of the CLP, according to the contract.
If the worst scenario appears, it is still subject to the wind direction and wind speed. Maybe, the radioactive substances will go to California, or west regions in the U.S !
Don't worry about that. Think how many nuclear-powered submarines, aircraft carriers / warships in the ocean !
46. mini 2012-07-20 19:29:54
56. mini2012-07-20 19:28:01
The 15-year U.S. Bond yields & the 30-year U.S. Bond yields are trading around 1.48% and 2.5% respectively. What's the signal to us ?
Putting our money at time deposits in the savings account in the mainland, you may face 20% tax on the interests you get. Also, if your money has been structured as financial products in the banking account, you may face the VAT and currency risk.
Right now, we haven't seen any change in the up trend of rents of properties since 2002/2003.
The Nuclear Power Plant at the Daya Bay, Shenzhen, was designed by French Experts and many other professionals in advanced countries such as USA, Britian, including the crisis management due to the effects of internal explosions and external impacts. Also, this plant was the first commercial nuclear power station in China, which was treated as a training project and /or a model for local chinese /professionals for the planning ones at that time, with many safety features built in different systems in order to comply with the strict requirements/standards from the IAEA.
The 311 explosions of the nuclear power plant happened in Japan were the old one and designed by GE, according to NHK. In short, they were out !
No Need To Fear !
If you are still worried about that, imagine your houses/buildings may receive many missiles with nuclear warheads from the submarines and/or warships in some days !
