Yesterday heard that my good friend lost his job this week as a finance consultant. He's in his late twenties and is of course gutted by it. He probably has to move back to his home country (Belgium. same as me).
The problem he is facing now is that he has a standard 2 year contract for his apartment. He's only 6 months in, but can cancel the second year. (strangely enough only at the 11th month?).
The problem of course is that he's paying about 15000 hkd a month and basically cannot afford it anymore. If he has to move back to his home country, then i imagine he has to pay the remaining 6 months on his lease and that's a lot of money for a young recently fired guy.
Any thoughts? Usually i would say he should take responsibility and pay the rent, but it's hardly his fault he is fired (his company is downsizing due to a poor economy) and it is a lot of money.
The real kicker here is, that his landlord is some big shot lawyer in central.
If he goes back to the EU, can his landlord sue him and get to him? (landlord of course has 2 month deposit, and would "lose" about 4 months worth).