Hong Kong's Economy driven by US rate cuts ~ GAMES AND GADGETS

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Monday, February 4, 2008

Hong Kong's Economy driven by US rate cuts

If you’re looking for another country to transfer to where your hard earned dollars or retirement money is going to take you far, Hong Kong may be the way to go. ©2008 natalie1981.blogspot.com According to recent reports, the U.S. rate cuts has fueled Hong Kong’s property boom. While Americans are being plagued by the subprime crisis, in Hong Kong’s mortgages are cheap because of local interest rates drop.

Plus if you’re a gadget fanatic, where else would you go but to the land of cheap gadgets where Apple products and other electronics can be bought twenty percent cheaper than in the States. There are thousands of flights to Hong Kong, if you want to beat the economic crisis, maybe the next time you plan your vacation, you should visit Hong Kong and start looking at properties.

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