I Signed - The House Purchase Saga

[Marco]

@QuaSaShao

What’s your plan for when the commies come? With your social media footprints you’re probably already on one of their lists.

@dan2006

I’ve always had this thought too. What if the commies come in one day and boot out all the foreigners and keep the homes.

@Incubus

The commies went into Hong Kong in '97 and the real estate prices shot up. People who dumped their properties before the handover were kicking themselves.

Well… There are several scenarios.

I rent and commies don’t come: 0% returned
I rent and commies do come: 0% returned

Or

I buy and commies never come: My housing budget goes into something I own - Investment protected

I buy and commies come I: Chinese take over Taiwan peacefully

• Scenario I: Life remains relatively normal for several years. Sell the house and move on. Investment protected
• Scenario II: Chinese forcibly seize property. 0% returned.
• Scenario III: Chinese forcibly sell property. Investment partially protected

I buy and commies come II: Taiwan wins war.

• Scenario I: House destroyed in fighting. Investment may or may not be protected in rebuilding. #winning if I get a brand new building with new building codes, but this one is already a newish building to begin with.
• Scenario II: House not destroyed. investment protected

I buy and commies come III: China takes over Taiwan violently.

• Scenario I: House destroyed in fighting. 0% returned.
• Scenario II: Chinese forcibly seize property. 0% returned.
• Scenario III: Chinese forcibly sell property. Investment partially protected.
• Scenario IV: Chinese leave me alone. Life is normal for years. Investment protected

No matter what, if I don’t buy, this $13000 I pay every month is going to be lost. Might as well use it to something I own.

@QuaSaShao

With your social media footprints you’re probably already on one of their lists.

I don’t have any social media.