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­ì©«¥Ñ mtpen ©ó 2011-1-17 19:01 µoªí


I tell you what? Based on my experience, a pair of similar shoes cost me around a thousand dollars in 1991, and now, just around $800 after discounted. The rent of a 800-900 sq.ft. apartment in Taikoo Shing was $25,000 ¡V $28,000 in 1990, whereas it¡¦s more or less the same now after some twenty odd years.


...

similar experience for clothes / fashion. But for the apartment, seems not so. In the early 21 century,  The rent of a 800-900 sq.ft. apartment in Conduit Road is $21,000. Now the same flat is almost double...

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­ì©«¥Ñ suewong ©ó 2011-1-18 20:18 µoªí

The rent of a 800-900 sq.ft. apartment in Conduit Road is $21,000. Now the same flat is almost double......

I do appreciate that the house price has gone up almost double, but the rent doesn¡¦t go in the same pace, strange, isn't it?

And that is why I always say that the current house price is vulnerable to correction, as it¡¦s not supported by any substantiated data, believe it or not?  

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­ì©«¥Ñ suewong ©ó 2011-1-18 12:10 PM µoªí


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­ì©«¥Ñ mtpen ©ó 2011-1-18 02:19 PM µoªí


I do appreciate that the house price has gone up almost double, but the rent doesn¡¦t go in the same pace, strange, isn't it?

And that is why I always say that the current house ...

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­ì©«¥Ñ mtpen ©ó 2011-1-18 22:19 µoªí


I do appreciate that the house price has gone up almost double, but the rent doesn¡¦t go in the same pace, strange, isn't it?

And that is why I always say that the current house ...

no la, nowadays the rent there is at least 1.5 times.

What's fascinating is even in Hung Hom (the newly developed area), the rent at present is similar to that in mid-level 5/6 years ago.

I was told that the main-land rich persons like to live in new estate with sea view ...

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c-hing, what do you mean by "¦³À¸Ú»' ? you mean moving up or down ? many thanks for your valuable insight.

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­ì©«¥Ñ chungyong ©ó 2011-1-19 10:11 µoªí


c-hing, what do you mean by "¦³À¸Ú»' ? you mean moving up or down ? many thanks for your valuable insight.

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Excellent !

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