Hi everyone
Just wanting to find out if there is anyone from Papua New Guinea who is using Mr McKnights methods up here
I have just finished reading O to 130 and would like to hear if anyone is investing in PNG.
Kanawii
Welcome iiwanak73
Some net friends of mine would have a chuckle seeing me post here after (about 6 months ago) I was researching PNG on the web. They were concerned about the political instability of PNG as well as the economy being rather immature.
From what I saw there was the city rental markets for foreign company executives and workers but I could not determine whether there was much of a domestic rental market.
I would love to hear what you think about all of that and anything else you can educate us about.
______________________
I know I can, I know I can
I would not invest in PNG. There is too much downside (e.g. economy on the brink, political instability, etc).
If I were to invest I would invest in units for foreign workers. So high rise. Also I would make sure that it was difficult to climb up these apartments (as I’ve herd that they don’t mind climbing up 8 stories to rob a apartment).
Also I would get one higher up (better views and increase in security – hopefully).
FFComm
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