View Poll Results: How much (%) of your household income do you spend for your housing rental?

Voters
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  • Less than 5%

    20 4.50%
  • 5.1 to 10%

    32 7.21%
  • 10.1 to 15%

    46 10.36%
  • 15.1 to 20%

    61 13.74%
  • 20.1 to 25%

    79 17.79%
  • 25.1 to 30%

    89 20.05%
  • More than 30%

    117 26.35%
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How much (%) of your household income do you spend for your housing rental?

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  1. #71
    Quote Originally Posted by jenifa:
    ouch! We're expecting to be spending about 40% -50% of our income on rent to get something of a decent size...and by decent I mean 1000sqft - not exactly palatial.

    And there was me thinking HK housing prices couldn't be any worse than London ones...

    Jen
    couldnt agree more

  2. #72

    Join Date
    Jun 2004
    Location
    HK
    Posts
    14,607

    Wow 400 voters and +25% spend more than 30% of their household income in their rent. That's rather big.

    dear giant likes this.

  3. #73

    Join Date
    Jun 2011
    Posts
    1,369

    I think the poll scale is miss-leading, I'm bunched together with reasonable people that put ~30% on rent. I should be on freaking 50%+ category .

    Not by my own choosing though, I got 1 amount as salary and 1 amount for housing. Housing is bigger than salary.. ..well at least I got a fantastic view

    Last edited by RobRoy; 12-02-2012 at 08:21 PM.

  4. #74

    wow no wonder some locals are loaded off the property market. Over 60% of us are willing to spend more than 20%(!!) of their income to pay off someone else's property and walk away eventually with nothing but a memory of a smoggy view

    dear giant and Morrison like this.

  5. #75

    Join Date
    Feb 2011
    Location
    Hong Kong
    Posts
    6,337

    A lot of people have no desire to buy nor do they even think about it.


  6. #76

    Join Date
    Nov 2007
    Posts
    2,113
    Quote Originally Posted by MandM!:
    A lot of people have no desire to buy nor do they even think about it.
    Do you mean in general or just here in HK?

  7. #77

    Join Date
    Feb 2011
    Location
    Hong Kong
    Posts
    6,337

    In the states and here. Don't know about elsewhere.


  8. #78

    Join Date
    Nov 2007
    Posts
    2,113

    Well, horses for courses. Personally it would drive me nuts knowing that I would be paying off other peoples mortgages for the rest of my life.


  9. #79

    Join Date
    Sep 2014
    Posts
    3,921

    How much %? Too much...


  10. #80

    Join Date
    Feb 2011
    Location
    Hong Kong
    Posts
    6,337

    Jmbf...did you buy in hk?


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