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Saturday, August 29, 2009

gambler's luck

marathon man took dimsum as his breakfast in taitung, china town. service was no good. he ordered a plate of 3-mixed-roast, waited for half an hour, no serving. he told the head waiter to expedite. one minute later, he came with the plate, but instead of roasted duck, it was substitued with oiled-chicken. he rejected the order, and canclled it. 5 minutes later, he came with another plate, this time with roasted duck and said, "sorry, we just got the duck roasted." marathon man said, "sorry, i have finsihed my food, and cancelled the order. i thot i saw two whole roasted ducks hung up when i came in. how could you finish those in 10 minutes time?" he rejected the order again.

he went house viewing in river gate, block 99, #3313. the unit had very nice view, and also quite a good floor layout, only the bathrooms looked quite stiffled, with no obvious oepnings for windows or air ventitlations. and the project layout is spacious with all the facilities, and with a sky gym at 34th floor. asking price $1800 psf! that stopped marathon man from asking further. but the agent said, "you want cheap house ha, wait lah, wait next year if ir cannot earn money, then house may go cheaper."

"why?"

"becau ir fail, then people confident also low lah, then share market will be down, housing will be down also."

"hmm... i can wait."

"but i think it won't fail lah."

"why?"

"gohmen cannot let it fail. if no gambler from oversea, they will let local gamble there, no entrance charge."

"how? they already said want to charge local $100?"

"but they did not say the ir cannot give back the money to them when they already inside. so want to buy now or not. price will increase, i tell you."

"how to buy? so ex."

"no ex lah..... people already line up for new projects... the psf even higher, still people grab."

"why you think it's like that?"

"i'm no economist, but i think, people still have alot of money lah, and also more people into the gambling mindset..... before the recession, pple got rich, very fast. though recession come, pple think good time to go in the market low..... to get easy money..... like my fren, last time he manager of his own company, but loose money. now go into share market, want to make back the money."

"oh.... like that ah, then who needs the ir?"

after the interesting conversion with the bubbly agent, he stpped out of rivergate and started to jog along sinagpore river, to delta road, jervois rd, cable rd, chatsworth rd, tangling rd.looking at the number of tall and not-so-tall, condos and landed, high-class buildings along these places, he couldn't stop thinking..... are these the result of a gambler's luck?

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