Most Hong Kong people have a faith as long as they own their self-use flats when they retire, other problems will be easy to be solved. Therefore, many working classes try to own their self-use flats to avoid having to pay expensive rents when they retire in the future.
The author knows a middle-class named Ah Hui. He emigrated to Canada more than 20 years ago. Then, he successfully purchased 
a house and has been living with his family there for more than a decade. Although Ah Hui has emigrated to Canada many years, but he still cares about Hong Kong and hopes that he can enjoy his life peacefully there when he retires.
In order to have a comfortable home in Hong Kong after retirement, Ah Hui returned to Hong Kong for a short vacation five years ago to look for self-use property. During this period, he was attracted by a new project in Tuen Mun District. After site-visit of this project, he thought the sales price was reasonable, so he spent Hk $ 9million to buy one three-bedroom unit for self-use.
Five years have passed, Ah Hui plans to return to Hong Kong to retire three years later, but his wife and children do not want to return to Hong Kong. Ah Hui originally wanted to sell the Canadian property and redeem the Hong Kong property for which he still pays installment monthly. Until recently, his family decided not to return Hong Kong, so he cannot sell his Canadian property.
Ah Hui thought it would be better to sell the property in Hong Kong first before making any plan. However, he recently conducted a general assessment of his property through a bank and found that the market value of his property had dropped by 30% to 6 million. If he sells the property, he will not only lose his down payment of three million, but also the five-year installment payments of 1.5 million, a total loss will be 4.5 million.
Ah Hui really does not want to sell the property now due to the huge losses. On the other hand, he had planned to retire three years later, so he decided to delay managing his Hong Kong property. Of course, the best result is that the market value of his property will rebound 30% three years later, and his losses will be significantly reduced.
