coypondboy Posted January 15 Report Share Posted January 15 https://www.bloomberg.com/news/articles/2021-01-15/hong-kong-exodus-could-spur-36-billion-in-outflows-bofa-says?srnd=premium-europe Quote Link to post Share on other sites
markyh Posted January 15 Report Share Posted January 15 4 hours ago, coypondboy said: https://www.bloomberg.com/news/articles/2021-01-15/hong-kong-exodus-could-spur-36-billion-in-outflows-bofa-says?srnd=premium-europe Surely they will be outbid by BTL every time wanting to pay more for the house they want and then rent it to them? And if they have cash to buy a house outright, then they would have no excuse not pay on time every month. Quote Link to post Share on other sites
shlomo Posted January 15 Report Share Posted January 15 Where are they going to get £36B from the back of the sofa? Quote Link to post Share on other sites
highcontrast Posted January 15 Report Share Posted January 15 @coypondboy Looking at your posting history, you seem very very keen to push this story/rhetoric? Any particular reason why? Quote Link to post Share on other sites
Freki Posted January 15 Report Share Posted January 15 Well we voted to get EUers to stop stealing our jobs. It is not to be immediately replaced by HKese with whom we severed ties 24 years ago Quote Link to post Share on other sites
shlomo Posted January 15 Report Share Posted January 15 4 minutes ago, highcontrast said: @coypondboy Looking at your posting history, you seem very very keen to push this story/rhetoric? Any particular reason why? Please analysis me, I would love to know what you think, normally you would have to pay big bucks to get detailed analysis Quote Link to post Share on other sites
highcontrast Posted January 15 Report Share Posted January 15 Just now, shlomo said: Please analysis me, I would love to know what you think, normally you would have to pay big bucks to get detailed analysis My services aren't cheap. Quote Link to post Share on other sites
Freki Posted January 15 Report Share Posted January 15 Just now, shlomo said: Please analysis me, I would love to know what you think, normally you would have to pay big bucks to get detailed analysis You post crappy polls Quote Link to post Share on other sites
PeanutButter Posted January 15 Report Share Posted January 15 1 minute ago, shlomo said: Please analysis me, I would love to know what you think, normally you would have to pay big bucks to get detailed analysis Tell us about your childhood. Quote Link to post Share on other sites
shlomo Posted January 15 Report Share Posted January 15 34 minutes ago, Freki said: You post crappy polls It is not me it is the crappie software on this forum Quote Link to post Share on other sites
btl_hater Posted January 15 Report Share Posted January 15 What jobs are these HKers going to be working? PRET and Byron burger? Quote Link to post Share on other sites
shlomo Posted January 15 Report Share Posted January 15 39 minutes ago, PeanutButter said: Tell us about your childhood. Sexually repressed forces to believe in god, only after I found the Illuminati did I find like minded people Quote Link to post Share on other sites
shlomo Posted January 15 Report Share Posted January 15 Just now, btl_hater said: What jobs are these HKers going to be working? PRET and Byron burger? We have good immigrants and not good ones, the Chinese are good ones LOL Quote Link to post Share on other sites
Trump Invective Posted January 15 Report Share Posted January 15 This HK thing wont affect anything. Overblown nonsense. Quote Link to post Share on other sites
Postman Posted January 15 Report Share Posted January 15 8 minutes ago, Trump Invective said: This HK thing wont affect anything. Overblown nonsense. Agreed. Quote Link to post Share on other sites
Wayward Posted January 15 Report Share Posted January 15 55 minutes ago, Trump Invective said: This HK thing wont affect anything. Overblown nonsense. If they actually come here it will...if you think otherwise you don't understand how markets work. Quote Link to post Share on other sites
Unmoderated Posted January 15 Report Share Posted January 15 1 hour ago, Freki said: Well we voted to get EUers to stop stealing our jobs. It is not to be immediately replaced by HKese with whom we severed ties 24 years ago Did we? Is that what the average leaver voted for? Took our jobs? LOL A unit of supply is a unit of demand. The bigger the society the bigger the labour market and opportunities. Number of jobs isn't fixed. Further the average HK is (I'm going out on a limb) better educated than the average Hungarian car washer or labourer? Quote Link to post Share on other sites
Unmoderated Posted January 15 Report Share Posted January 15 6 minutes ago, Wayward said: If they actually come here it will...if you think otherwise you don't understand how markets work. Agreed. There's a lot of wealth and highly skilled in that population. They'd be an asset to the GDP number but for sure would be bidding up the homes they wanted to rent/live in. Quote Link to post Share on other sites
Trampa501 Posted January 15 Report Share Posted January 15 2 minutes ago, Unmoderated said: Agreed. There's a lot of wealth and highly skilled in that population. They'd be an asset to the GDP number but for sure would be bidding up the homes they wanted to rent/live in. It will depend as always on location though. Here's an example. Go up the Edgware Road and as you pass the flyover you will see lots of new flat developments, both on Edgware Road and in the Paddington area. Now if the pandemic has scared people off from central London, then these properties will be difficult to sell, and that will depress the housing market for miles. However it only takes a few score HK Chinese (or rich Arabs) to buy up these million pound flats, and sentiment changes 100% Quote Link to post Share on other sites
Unmoderated Posted January 15 Report Share Posted January 15 28 minutes ago, Trampa501 said: It will depend as always on location though. Here's an example. Go up the Edgware Road and as you pass the flyover you will see lots of new flat developments, both on Edgware Road and in the Paddington area. Now if the pandemic has scared people off from central London, then these properties will be difficult to sell, and that will depress the housing market for miles. However it only takes a few score HK Chinese (or rich Arabs) to buy up these million pound flats, and sentiment changes 100% Yep Quote Link to post Share on other sites
Freki Posted January 15 Report Share Posted January 15 1 hour ago, Unmoderated said: Did we? Is that what the average leaver voted for? Took our jobs? LOL A unit of supply is a unit of demand. The bigger the society the bigger the labour market and opportunities. Number of jobs isn't fixed. Further the average HK is (I'm going out on a limb) better educated than the average Hungarian car washer or labourer? I should have ended with /sarcasm Quote Link to post Share on other sites
highcontrast Posted January 15 Report Share Posted January 15 Anyone else feel like this post was created as a timely rebuttal to: We've known about the alleged HK invasion for a while haven't we? Just me then I guess? Quote Link to post Share on other sites
Si1 Posted January 15 Report Share Posted January 15 This suggests about 600,000 to the UK, which seems fairly substantial? https://www.theguardian.com/world/2020/dec/12/uk-government-underestimates-takeup-hong-kong-resettlement Quote Link to post Share on other sites
morty Posted January 15 Report Share Posted January 15 What’s the point of it all? HPI needs to be rethought and benefit all those in society. I’m fed up with hearing these damn headlines saying prices are rising of seemingly unproductive assets. Quote Link to post Share on other sites
markyh Posted January 15 Report Share Posted January 15 3 hours ago, btl_hater said: What jobs are these HKers going to be working? PRET and Byron burger? They love you long time. Quote Link to post Share on other sites
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