Hi RobRoy. Interesting perspective here. Yea you are right about how confusing this site is. There are some 'expats' living on local pay.. I'm not saying Hk local pay is bad I'm just wondering why these expats would live here when the same pay would give them a better quality of life their own country.
As for me I came back to Hk for family reasons. Because I have a perm HKID I was classified as local.. even after transferring with my company. I also have an American passport so I get double taxed but I don't make enough to consider re-nouncing American citizenship. Also I figure I might head back to sunny California someday or maybe the U.K. (I also have a British passport)
I do meet a lot of these rich local types. Some are well disciplined and respectful while others are obnoxious. It's typically the 'want to be' rich ones primarily upper middle class that are the obnoxious ones. Super rich are generally more down to earth. However if you talk about dating some of the super rich it's another story. Due to social pressures their family may not approve of certain individuals. My friend got dumped by a super rich guy due to her insufficient social status (she has a professional job, makes around 80-100k a month and lives Happy Valley). HK problems...
I always thought M&M was a she, no idea why.Original Post Deleted
A 150k holiday could feed over 20,000 people.
Common now, there are surely a lot of people in HK spending 150k on a holiday for a family. If I randomly search for a trip to LA with cathay its sets you back 20k per person in Premium Economy. If you go for Business its 42k per person.
Add on hotels, car rental, activities and food for a 2 week vacation. That's easily 150k for a family of 4 actually staying at 3/4 star hotels at 1500 HKD per room, eating at normal restaurants etc. Or for a couple of 2 splurging a bit by going in business class trying some nice food and staying at 5-star hotels at 3000 HKD per night.
She said she and her friends spend $50-150K PER PERSON for a holiday.
Vacations, if I go with a group of friends, we easily spend 50k per person, up to 150k per person. Yes it's crazy, and you can spend much less, but it's more about do what you want when you want with all conveniences.
Maybe including shopping? 150k for one person just on travel is pretty steep. Almost needs to include a very expensive flight ticket to reach such an amount. Like business or first class. Business to New York with Cathay sets you back at least 60-70k. Staying at top hotels in New York could set you back around 8k per night, its doable but needs to be some pretty fancy location (New York, London, Paris, etc). It's very hard spending 150k going to Taipei or Bangkok
I know girls who have spent 150,000HKD going to Europe to load up on Chanel and Hermes bags. They also eat at Michelin Starred restaurants and stay at fancy hotels with river and city views. Yes, it's possible to spend this much. Yes, these girls are mostly single.
That has nothing to do with traveling or taking a holiday. The thread is about someone feeling poor in Hong Kong on an +80K salary because expenses in Hong Kong are too high. How is the scenario relevant to this discussion? Rather it just confirms the keeping up with the Joneses syndrome.
Easy to spend 150k per person. A first class ticket to Europe on Cathay is that much alone.