快樂牛郎

I don't know if the bank would make you make up the difference or foreclose your property. Regardless, you'd be in a negative equity position, if not outright bankruptcy...fibbi 發表於 2010/10/1 14:16

In Canada all your equities are used as guarantees.  So unless you are absolutely broke, you need to pay them back somehow.

快樂牛郎

BUT, if the real estate market drops by 20-30% (that is not unusual in HK but it's indeed quite dramatic for Vancouver), who's in the position to buy then?

Those who have been really savvy with their money will step in.

but if you're holding investments, you can only hop they will not go down with the RE market at that point.

By now people should know how to PROFIT from a downturn, rather than just buy and hold.

if interest rate is 10%, is it clever to buy then?

If interest rate is at 10%, all other alternative investments (stocks, gold, oil) will also soar through the roof.

快樂牛郎

I am not very concerned about certain trends emerges and take off on me. Greed is good but I try to keep it reasonably in check. BiscottiGelato 發表於 2010/10/1 16:08

I find this very hard to do even for myself, and I tend to take on excessive risk when I see the chance in my favor.

快樂牛郎

Since for every buyer there's a seller, as soon as you get out quick enough before the crash, I guess no one can call you reckless or blind.