peter236

If you're returning to HK, be ready for 12 hour workdays and 400 sq ft apartments. Also, if you are  ...
Lik 發表於 2010-4-28 08:54

That is why you need to expand horizon from Hong Kong to other cities in mainland China. Many Chinese cities are catching up very fast and that is why the opportunities are there. Even for less amount of $, you get bigger apartments and high living standards.

In Hong Kong, the income taxes are much lower than here. They don't have GST, PST or whatever. We have 12% HST here and that is on top of income taxes. In Hong Kong, most people don't even pay that much income taxes.

peter236

i'm not getting any vehicles in hk
just comparing the lifestyle between them
you won't able to find  ...
godavid 發表於 2010-4-28 22:56

Suppose you want to buy an apartment. In Hong Kong, you can buy an apartment in the New Territories for about HK$1,500,000. You can then take the train or subway to wherever you want in HK. Public transportation is world class in Hong Kong. You can even apply for public housing in Hong Kong.

Here the real estate prices are so high that you have to move out far away in the Lower Mainland where there is little transit service or buses. How do you get around with no car?

peter236

While that same situation is happening both in HK and in Vancouver (actually, it's happening all ov ...
Lik 發表於 2010-4-29 12:03

The situation is Hong Kong is totally different. Since most people live in highrises, and only big land developers can afford to buy a piece of land for building. It gives people the impression that the big developers control the market.
Here in Vancouver, you can buy a piece of land and build your own house, if you can afford.

In Hong Kong, the government provides public housing. Here, the government does not care and social housing is being cut again at the Olympics village.   
Here the government only cares to increase the taxes, while cutting social housing, and cutting the number of school days for the students.

In Hong Kong, the government actually reduces the property taxes for apartment owners during the financial crisis.
Hong Kong government has already increased the supply of land for building apartments to deal with the demand.
Here the government does nothing to deal with high real estate prices.

Also, Hong Kong government has no debt, while the Canadian government has tons of debt at all levels, and even the school boards are in debt. Chances they are going to be like Greece, i.e. go bankrupt.

peter236

I do agree that Hong Kong or Asian countries have better public transportation system than Vancou ...
mukmuk2 發表於 2010-4-29 07:32

What you said is not true. There are immigrants from all over the world, not only from China.

peter236

Gesh... if you don't know squat, shut your trap and don't mislead other people la. After 老懵懂 des ...
Lik 發表於 2010-4-29 13:29

You moron, the 85000 housing policy has nothing to do with the housing prices. There never was a supply of 85000 units.
It was the Asian financial crisis that cause the British-created housing bubble prices to crumble back then.

It is funny that morons like you blamed the government for low prices back then, and now you are blaming the government for high prices.
The HK government needs to control the amount of "new" land that is available to developers, so that the prices can be maintained and even go up steadily. Isn't that what you want? You people who complained about falling prices and negative equity back then.

But, the supply of land in HK is not totally controlled by the government. There have been many private sales of private land for redevelopment of certain areas.

Which country's government does not control the amount of "new" land? Why doesn't the Canadian government release more new land for building?

Today, in the US 20% of their mortgages are negative equity. That means the property are worth less than the amount owed to the banks. Back then in HK, only 3% of mortgages were negative equity.

peter236

Stupxd, at least do some research before you yap la~



Every HK person knows this.

There is nothi ...
Lik 發表於 2010-4-29 15:12

You moron, your lies about Hong Kong is so blatant. You blamed HK government for low prices back then and now you blame them for high prices, LOL.

Uncle Tung said the 85000 policy was abolished, so there never was 85000 supply on the market. The whole of Hong Kong knows about this, but many coward dare not admit it because they wanted to blame the government. It was the Asian financial crisis that caused the prices to fall.
Now the prices have already gone up a lot, which is what people wanted to see after the Asian financial crisis, the HK government has already released more lands to the developers. There are many sale of private lands in the market forredeelopment. But the demand is so strong due to the strong economy.

Here, the government is cutting social housing at the Olympics village.

peter236

yes, you can buy an apartment in the New Territories for about HK$1,500,000, but you don't own the l ...
tofu 發表於 2010-4-29 19:33

I am not talking about the quality of the apartments at the Olympics village. I am talking about the availability of social housing here. They cut the amount of social housing at the Olympics village.
In Hong Kong, they are increasing public housing.

Here, they charge you a lot of tax and HST, still the governments are in debt and the school boards have deficit so they need to reduce the number of school days.

peter236

hk is not increasing public housing.  they are start to rebuild the public housing.  and our high qu ...
tofu 發表於 2010-4-30 22:38

wow, I can't believe you mixed up 公屋 and 居屋 in Hong Kong.

Here, how does the government pay for all these benefits? By borrowing money of course. Debt at all levels of government. Sooner or later here will be like Greece, Japan and some other European countries, i.e go bankrupt.

peter236

你可以理解为两餐晚餐既，因为我很多时候一天下来第一次吃东西在9pm，第二次通常是12点以后了，早上太忙 ...
yayaya 發表於 2010-5-1 11:23

You should have a breakfast, which is good for health.