Originally posted by @Derik S.:
I am curious though, how safe is it to invest in a property in China, or Asia in general?
1) how safe in the sense if something or anything will go wrong in the process?
comparing to the US, china is a lot more less transparent I will say. all legal systems are not as developed vs US. It is very difficult for anyone form outside of chnia to do it.
besides, there are all kinds of control/restrictions in china to prevent bigger bubble..such as you are not allowed to buy or get a bank loan as a foreigner..etc
or
2) how safe if you will make money out of it?
there has been massive shoot up in prices in all major cities in china for the past 10-15 years. prices go up 300-400% is pretty common.
but going forward, it is a tough call if prices would still go up or down.
i think the best timing is over for this cycle.
3) other parts of asia, say, singapore, hong kong, taiwan, south korea - are almost all perked for their RE price for this cycle. intereste rates are very low, but prices shoot up. seems theonly way to go is down??
unless these markets becoming the next Japan in the coming 10 years (meaning prices coming down a bit each year for many years) , which is possible, who knows.
