how much is rent in Novoland? If the property value doesn't go up, you can rent the same apartment for like 60 years if you factor in all the cost at 6% APR at normal inflation rate. People who buy homes in HK are not very good at math or being over optimistic about the real estate market. Let's say you start your mortgage at 30, you have to live through 90 to get every penny worth. People should look at how Japan is right now compared to the 80s and 90s.