So we bought a property when everyone said wait (in Hong Kong) went through the pain of renovating it and it appears to have been bought at the bottom of last year’s slump and increased in value by about 50%.
Do we sell it for a quick profit (sizeable profit) or stay put because we built it as a home and a stable base for the next few years?
Those that know me realise that as a single guy this would be a no brainer but now I’m married with a kid I need to think about the rest of the family.
We know that by the time our little one is 4 or 5 we will have to look for something with more space, and realistically the profit might allow us to buy something for cash further out of the city.
Interested in everyone’s view. This only cam up yesterday so I do not have any firm opinions.