[meyer]

If you lived in Hong Kong, you would have seen that real property decline in value by up to 60% over the past few years.

Buying opportunity?

[davisdoug]

If you lived in the bay area in 1990 you would have seen the same results. Supply & Demand and other factors do play into the sceaniro. Been to Hong Kong. We have more land, better diverisfication and only those we can squash.

[Black Powder]

If you lived in Hong Kong, you would have seen that real property decline in value by up to 60% over the past few years.

Buying opportunity?

Only if you expect the value to rise within a reasonable amount of time, which it won't.

Reminds me of a friend who bought Nortel Networks at $20/share after it dropped from $80 because he thought it was a buying opportunity. Nortel shares are currently somewhere between 2 and 3 dollars.