hong kong facing 25 per cent drop, page-2

HK price fell 65% between 1997 and 1999.

It's nothing new.

Ireland and Spain are shockers too and the US (relatively mild in comparison at 40%+ from peak given their bubble is smaller and is mainly the subprime market).

But we ain't seen nothing yet.

The Great Oz bubble is the biggest of them all and all these self delusional types are hoping a rate cut (perversely because the economy is entering a recession with job losses left right and center) will hopefully save their investments.

What a worthwhile investment that is. So now even a recession is a good thing because it brings about a rate cut.

LOL !