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If you're returning to HK, be ready for 12 hour workdays and 400 sq ft apartments. Also, if you are not enjoying your work here, do you have a valid reason in thinking that you'll find something interesting in HK?

Vancouver is not for everyone, but neither is Hong Kong. And increasingly, HK is becoming more and more of an unjust city, and more and more of a Mainland Chinese 2nd fiddle city. If you don't mind that, go right ahead. Just don't expect the SAR government to look after your interests as an everday regular person.

-Lik

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IHowever do not forget, the reason for the housing price is so high now.  The real estate prices are so high because those new immigrants or visitors from China "fried" the price.
mukmuk2 發表於 2010-4-29 07:32

While that same situation is happening both in HK and in Vancouver (actually, it's happening all over the world), don't forget that in HK, things are much, much worse. The SAR government is ging pro big developers. They are the very people who have drafted and passed policies (land, administrative, etc.) that are completely biased towards the few big developers. At least this sort of situation doesn't happening in Vancouver.

Additionally, the ease of which Mainland millionaires can divert their funds towards investment (including real estates) in HK is significantly easier than them sending it overseas.

No matter how you slice it, the home-owning situation is a lot more dire in HK than it is here in Vancouver.

-Lik

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For the daily commute situation, a car isn't absolutely necessary here in Vancouver. Half of my team at work commute by public transit (skytrain+bus). A coworker gets dropped off by her husband as they are a single vehicle family. Of course, the location of your workplace dictates how feasible this is, but it is entirely possible for many families to have only a single car, or have no cars at all. In those cases, it is usually a matter of convenience.

As I was saying earlier, if you think you'll prefer HK over Vancouver, by all means, go and return to HK. But don't necessarily expect that you'll like HK better because in many ways, it isn't.

-Lik

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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.
peter236 發表於 2010-4-29 13:07

Gesh... if you don't know squat, shut your trap and don't mislead other people la. After 老懵懂 destroyed the housing market with his 85000 housing policy, the HKSAR government has suspended building new public housing. On top of that, the government completely controls the amount of "new" land that is available to developers, and they have been intentionally keeping the supply low to maintain high real estate property prices.
At this point, even some of the property developers are realizing that the trend of no affordable / public housing is doomed to fail. At least one of the developers (don't remember which one, but it might be 新鴻基) have suggested the SAR government to re-start the building of public housing projects.

The harsh reality is, a typical working-class person in Vancouver can still afford to buy real estate property, although chances are, the unit will be a smaller apartment / condo / townhouse that is a little further away from the city centers. This is clearly reflected in the robust housing market that we've seen since Q1 of 2009. On the other hand, a typical working class person in HK has very little chance of buying themselves a flat because prices are sky high.

-Lik

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You moron, the 85000 housing policy has nothing to do with the housing prices. There never was a s ...
peter236 發表於 2010-4-29 13:53

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

http://zh.wikipedia.org/zh-hk/八萬五建屋計劃
據統計,香港樓價在1997年10月19日的最高峰後的一年間下跌了一半,其後在1999年反彈兩成,但隨着八萬五時期所興建的樓宇陸續落成,加上種種因素,樓價在其後3年多再下跌超過40%,在2003年8月24日跌至谷底。在這5年10個月,香港樓價下跌70%。

Every HK person knows this.

There is nothing wrong with the government controlling the amount of new land coming into the market, but the extent to which the the SAR government goes about doing this is simply unreal. Since the housing market crash in the late 90's/early 2000's, the SAR government has been scared out of its shell for any additional real estate downward trends. The resulting policy is to severely restrict the sale of new land to developers in both auctions and private bidding. With an extremely limited supply, prices have consistently shot up, especially in the face of Chinese hot money flowing down south.

You must be blind if you think the local governments haven't been issuing new land for re-zoning or development. Where do you think all the condos in various areas in Richmond come from in the last few years? And in Burnaby? Coquitlam? It's funny how ridiculous your lies are because they are so blatantly false.

Of course, you have no sense of credibility to begin with, so you really have nothing to lose.

Please feel free to continue entertain us with your "facts"~

-Lik

p.s. Contrary to what Maximus says, I am not a prof la. Just an average person with a bit of common sense.

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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,早上太忙吃水的时间都无
yayaya 發表於 2010-5-1 11:23

後生女依家就仲可以任性一吓,但過多幾年你就知味道㗎啦。到時搞壞咗身體先後悔就太遲囉。

不過,以力伯嘅經驗來睇,啲後生仔女都係撞咗板先至知衰㗎喇... 老人家嘅說話,你聽得入耳就聽,聽唔入耳就罷啦~

-力

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