Real estate itself may still go down a little, but property stocks look incredibly cheap.
Chinese property stocks fell sharply Monday and the three companies dropped right in line with the sector.
Property stocks also dragged in Hong Kong, with China Resources Land down 2.8% and Sino Land losing 2.6%.
Yet some analysts reckon that Hong Kong's property stocks are one of the best investments in the region.
Of the property stocks, Ang likes City Developments, which has a strong balance sheet and a land bank acquired at cheap prices.
After a scorching run-up in six years U.S. property stocks are expensive.
Accordingly, the mood in the property sector is maximum bullish, with China property stocks recovering almost all the ground they lost since April.
Real estate prices are 60% higher in China today than they were after the 2008 global financial crisis sent Chinese property stocks down 40% after a run-up of 10 times from 2005 to 2008.
Among individual stocks, Chinese property stocks rose sharply.
Mainland property stocks came under further selling pressure.
But in Hong Kong, property and financial stocks were among the worst performers after the long weekend.
With stocks and property down or stagnant, some farm produce offered refreshing returns.
"Stocks of property developers will perform well as the recovery continues, " Rountree says.
For 20 years, stocks and property in Japan have gotten hammered.
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Stocks and property have lost about two thirds of their value.
The initial reaction to the news saw stocks of property developers recover from earlier losses and jump 1 to 2% before settling down in the afternoon with modest gains for the day.
Yet a report this week from the Royal Institution of Chartered Surveyors painted a grim picture of falling house prices, lower inquiries from new buyers and rising stocks of property on estate agents' books.
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Stocks like Simon Property Group seems fairly priced, and Gleason says he would not add any of those shares.
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If not stocks or other property segments within their home countries, then where will the real estate investors put their money?
He prefers investing in property rather than health care stocks because buildings, such as hospitals, will be needed regardless of the final universal health care bill.
Rountree favors big capitalization stocks, like property developer Ayala Land.
The other important rule is that your deductions for all appreciated property (including art and stocks) can't exceed 30% of your income, although you may carry over unused deductions for five years.
It depends on what you believe is more likely: a rise in stocks or a fall in property prices.
Property and casualty insurers become the first stocks to dump as traders calculate the damage to those companies' profits in the wake of billions in claims to repair damage from the storm.
It all started with tulips, then came corn and technology stocks, before the phenomenon ran through property and cheap money.
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The majority of their assets are in things that hold their value when the dollar goes down: stocks, gold, commodities, beachfront property, etc.
My problem with this argument is that stocks may not play catch up, but property prices could fall instead.
At first, wealthy Vietnamese hedged against a sliding currency by investing in stocks and, after that market crashed, property.
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With Chinese stocks looking cheap compared with their history, and as property prices continue their years-long surge, now might be a good time to make a switch.
In Hong Kong, Chau expects that falling interest rates will help stocks as a whole, especially such blue-chip property developers as Cheung Kong and Sun Hung Kai Properties, both Chau holdings, since lower borrowing costs should stimulate demand for property. (Fair disclosure: Through cef Holdings, Cheung Kong is an investor in Chau's employer, TAL CEF Global Asset Management).
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