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

[jmbf]

Jmbf...did you buy in hk?

Yes I did. One of the best decisions I ever made.

[MandM!]

Nice to have the fixed payment and be able to hang pictures on the walls hehe.
Where at?

[jmbf]

Nice to have the fixed payment and be able to hang pictures on the walls hehe.
Where at?

I'm in Olympic. Yeah it's good not to have to worry about regular increases in rent.

Also, my mortgage payments are significantly cheaper than what it would cost to rent a similar unit.

Plus the value of my property keeps jumping. I'm not planning to sell anytime soon but it's definitely a nice-to-know!

[hkworld]

Rent is indeed a concern in HK but buying is just out of question when the real estate market is at its peak right now.
The level of Transactions being so low right now, it can. lets hope it . only go down next years.
Considering:
-China's economy and stock markets deteriorating quite fast
- the demand at such high prices being so low
- the efforts of HK government to build more...

I also hope that buying may become an option soon in HK.

[Mat]

Rent is indeed a concern in HK but buying is just out of question when the real estate market is at its peak right now.
The level of Transactions being so low right now, it can. lets hope it . only go down next years.
Considering:
-China's economy and stock markets deteriorating quite fast
- the demand at such high prices being so low
- the efforts of HK government to build more...

I also hope that buying may become an option soon in HK.

It was at the peak 5 plus years ago when i bought. Go figure..

[hkworld]

5 years ago I am not sure the weekly transactions in the entire city could be counted with your fingers..
...well, it is the case right now.
I just hope it is a hint about how the prices will adjust..