June 18, 2006
High density living in HK

Nowadays being a young person in Ireland with things looking bright, good job, great city (I like Dublin), great people... ok, there are downsides like day-to-day expenses of food shopping, bills, house prices (reason why I am still renting). Yes, house prices in Ireland, Dublin in particular are getting out of control. News about young people, especially single females getting 100% mortgages, which they will have to try and pay off for the next 35 years. And interest rates has gone up 3 times already this year, and there are more to come by the end of this year. No matter how I grumble on how small the appartment I am renting, which is in an ideal location and very good security, it does not beat Hong Kong (Tokyo aside, of course). BBC online actually have pictures of flats that were built in the 60s to alleviate "squatters and tenement dwellers". Just thinking about how expensive it is here, does not compare to HK. Ok, maybe the town where my parents are from might be more affordable than here, but I would rather spend that money on a house, not an appartment, here or HK.

Check it out, the pictures speak louder than words.

Comments welcome at IBC forum.

Posted by whykay at June 18, 2006 10:51 PM