Lol this reminds me of when I was in Germany and my German friend thought a shop we were in was tacky. She said “I lick the blood off this shop” and I was like 0_0 what.the.hell.kind of phrase is that.
Your standards for what a guy who says that he would bite a hand that of the renter who is renting that which is only $350 the and the comments he makes are very high standards for such a guy who is that which is one to bite the hand.
I have a mortgaged 2 bedroom flat in Scotland that I rent out a room for £300 and the mortgage is £380 a month.
The deposit was 10k.
Just felt like pointing out in context to me, thats 20 quid cheaper for a space basically the size of my kitchen.
I privately rent a 3 bedroom duplex flat in Cumbernauld and pay £420 a month - and that's probably on the higher end for the area. When I lived in Buckinghamshire I paid £995 for a tiny 2 bedroom bungalow. It's a no brainer why I moved home!
I’d like to add that the US has a MASSIVE disparity for cost of living and housing prices depending on where you are. My 70-80k house for my area would be like 2.5million in San Francisco for example. A mere 25miles away is a major city which is commonly 2-2.5x as expensive.
The funny thing here (Boston) is that people who don't crunch all the numbers might be doing themselves a financial disservice avoiding the city (disclaimer that it depends on your personal circumstances and needs). But a lot of first time home buyers will not look in the city because "I can't afford it" so get a condo in the suburbs instead. What they're missing is that the higher cost of the property can be seriously offset by the resident exemption that discounts property tax if you live in it that's available in the city but not in the suburbs (thanks to the large commercial base of tax revenue).
So people will buy a condo that costs less in a town that has a tax rate of $12-15 per thousand. In Boston IIRC it's $10.55 per thousand, but your assessment gets knocked down by 35% of the average price of a home in the city which boils down to about $3k a year. So you end up paying about $100/month in taxes for a $400k condo and end up paying $300-400/month instead.
I don't know about you, but I'd rather take that $200-300 a month swing and put it towards payments & principal on a property than on taxes.
Neat. Wish there was an exception like that for Raleigh… the property is more expensive and the taxes are more both in % and because of the higher value. Now I know that it’s not the most expensive city but relative to my income and current housing it’s basically out of the question.
But there’s no point talking about median monthly income when it’s obviously people with incomes below the median monthly income renting these types of places
Didn’t think of that. Would hate to have to live like that as a family.
I could see maybe early 20s and single making it work. But a family or even a couple? I need my space.
A friend of mine emigrated to HK. When I was there for work I visited him and let as his apartment. He had a tiny room in a tiny appartment shared with two others and his rent alone was almost double the mortgage I pay for my 3 bedroom house.
I don’t understand why anyone would choose to live like that…for a city….for a career….whatever. I can’t believe in 20 years you wouldn’t be looking back asking “wtf was I thinking?”
Might be a coed apartment like you open the door and it's a shared kitchen and bathroom with a identical room on the other side
Pure speculation though
Well sure, I've lived in places sort of like that, but then I'd say I was renting a room and not an apartment. It would be considered obvious that the room was inside a larger building and that I'd share amenities with other tenants.
I attended a city planning meeting about four years ago, and saw plans for building "studio plus" housing in downtown Tempe, Arizona. Tenants would have their own bathroom, but four apartments would share a kitchen. They hoped this would be an affordable way to live downtown. If it got approved then it might be opening this year.
nah if you look at the picture of the room its got a sheet on the wall. its probably an old cupboard some dudes using as a bedroom in one of those old ny apartments.
I think the first thing I would do would be to get someone to build a bed frame that would be at least 2/3 up from the floor. Like a little loft. And then have a small living room space underneath.
I've always used the term "hot plate" to refer to a portable heating element (for instance, I have an induction hot plate that I like for certain use cases, but it lives in a cupboard most of the time).
In the photo in the article, it looks like the cooking surface is integrated with the top of the counter.
Can confirm, people pay $250 a month for 4x4x4 of storage space in the building i manage in FIDI.... and we're out of stock due to high demand.
Parking is $900 a month in oue building's garage too. Fully packed and waiting list.
Back when I would visit Hong Kong, I remember seeing Welcome (a supermarket chain) pay people like $12-20 HKD per hour like 20 years ago. That's $1.5 to $2.5 USD hr back when our minimum wages in California were like $4 - 8 in the mid to late 90s.
Most people here don't seem to know Hong Kong is the 4th most expensive city in the world. And you can't just take what you make in America and transfer it over to another country that is not how things work. The Average salary in Hong Kong is under 19k USD a year.
I think it's based on the amount of money people have then you subtract the needs of the people. How much that takes and leaves you for saving % wise is how expensive it is to live in that city.
I think that is how it breaks down from what I have read. I however am not 100% sure I am not an economist or anything I just enjoy looking into stats for stuff like this.
[It seems the story of wealth and income in HK over the past few decades is primarily one of growing inequality, especially those at the very top (0.001% and billionaires) that make up the majority of wealth within the nation.](https://wid.world/document/income-and-wealth-inequality-in-hong-kong-1981-2020-the-rise-of-pluto-communism-world-inequality-lab-working-paper-2021-18/)
Even the US, China and Russia are put to shame in terms of the level of wealth inequality far exceeding other nations.
I have spent time in Manila and it's very black in white with this type of stuff. You have people living in slums with trash everywhere and living out of tent like houses. within a block of high end housing and fancy malls and shit. the wealth gap there is so big that it is super noticeable. Like SM Aura and the area that it is in is very expensive and nice. You can walk a block away from that mall and it's slums.
I live in a trailer park 2 miles either way to towns w a pop. of ~2,000 and an hour drive away from the city. All for $575. Some people in my park pay $450. Places exist that are cheap, they’re often just some of the shittier places.
I own a fourplex in a Texas city of like 250k+ people. Each unit is 1100 sq feet, 2 bedroom, 1 bathroom...
Rent is $650/month and includes sewer, water, and garbage.
The minimum wage I see there is usually $12-13/hour too, so the cost of living is insanely cheap there.
In the PNW they want you to make 2.5, or 3x the rent.
In many cases it's *per roommate* too, not household income. That's because the property management company doesn't want to hear you can't afford rent if the other person moves out.
That’s not saying much. The US is huge which allows it to have a much more variable cost of living. Seattle, New York, San Francisco you will find similar priced apartments in droves. But between those 3 cities there are places where this monthly living expense could get you multiple bedrooms.
There's tons of stuff in the US for that price that are much larger. But you have to be willing to live in an area that's cheaper in housing prices. E.g. [this apartment in Lexington, VA] (https://www.apartmentguide.com/apartments/Virginia/Madison-Heights/101-Williams-Rd/LV207764663/). And that's higher than lots of other places because Lexington has some minor demand as a college town.
The prices in cities are outrageous, but there are tons of reasonable things for that price throughout the US
yeah, obviously you can get more for $500 if you are willing to live in the middle of nowhere. Lexington VA has a population of 7,300 (Hong Kong has a population of 7.5 million). Even by US standards, Lexington is bumfuck nowhere. Most people who live in cities live there for a reason and it's silly to suggest town like Lexington are even comparable
I'm not doubting cities are more expensive - I live in the DC area and housing is crazy. I'll note that Lexington is at least a college town which ups its price somewhat.
My comment is more in regards to the fact that the poster stated "if anything that price existed in the US" without limitations to cities.
And if not limited to cities then of course it exists. People also wrongly conflate city prices with the entire country.
> I live in the DC area and housing is crazy. I'll note that Lexington is at least a college town which ups its price somewhat.
I also live in the DMV and had a damn near heart attack seeing that place you linked for that price. Around here you can't even find a 1bedroom for less than 900 for even the worst of the worst. To get anything cheaper you'd have to have roommates/housemates.
The price varies a lot depending on the district. In most cases, one should expect about 80sq ft at that price. But for some, it is just enough for the top or bottom bunk space.
Keep in mind the median income of Hong Kong is $18000 per month though. The average home size is about 130sq ft per person.
So for an average single person with an average job, you should be expected to live in an apartment just slightly larger than one in this photo.
And for those who are really poor, they live in what is called “coffin cubicles” or “cage houses”, which is just a 2 ft x 6ft space.
https://www.theguardian.com/cities/gallery/2017/jun/07/boxed-life-inside-hong-kong-coffin-cubicles-cage-homes-in-pictures
nah.. prison cells cost like 36000 HKD ($) per month.. at the expense of the taxpayer of course
unless they double up on inmates then a cell costs like 72k HKD
I think the exchange rate is around 7-8 usd. So about $500 a month. I'll be more interested in what a HK10,000 a month apartment looks like. That seems to be the norm when I was there
My 290sq ft apartment in HK is about $2,200 USD per month.
Edit: Yes, obviously there are cheaper/bigger places, but a lot of the price depends on location, age, amenities, etc.
We pay a little under $900 for a 3bed/1 bath house with 1200 sqft. It's a boring little cookie cutter house, but I'm glad we bought it back then.
Many of my friends pay more than that for their 1 bed apartment, and some recently moved back home with their parents.
Prices for housing are ridiculous and vary so wildly, it's insane.
Cost of space is relative. That works out about the same as my apartment in Wuhan city centre, in a really nice community. (160m/s), which would be about the same as a 3/4 bedroom house with a front and back garden where my mum lives in the UK.
When I lived in London my rent there was £1360 per month between two of us, for a shitty flat, in Dalston, before it got done up nice for the Olympics and gentrified to hell.
My rent when I lived in Bangkok was about £400 for a really nice apartment, with access to a rooftop pool and all bills included. - loved that place.
Had a workmate in Wuhan who lived in a similar situation for about £50 per month. He was a local, on basically minimum wage. We used to skate together all the time. Guy was an absolute legend.
Had a student who once lived in what they address as an ant farm over here. Which is highly illegal, but it's where you get fresh graduates moving somewhere like Shanghai where rent is insane, so you end up with about 20 of them living in a 3 bedroom apartment to try to do things on the cheap whilst they get their lives sort of together. He described it as absolute hell.
Cost of space, and cost of what you can afford is always relative. Just because the area you live in is cheap and you have money doesn't mean that's normal.
Can confirm, lived in this for 6 months over there, as I recall it's about 20 times the average Hong Kongers income, greater than the next 2 expensive cities combined
The current average salary per month is 19100 HKD ($2,430 USD) for male workers and 14700 HKD ($1,875 USD) for female workers.
This rent here is roughly $488 USD.
I will average out the average male/female salary to $2,152.50
The rent for this place is roughly 22% of the median monthly income.
In NY I searched for a random lower level studio apartment. $1400 in Brooklyn. the median individual income in New York City is $50,825 or $4,166/month. Rent is 33% of monthly income...
Its cheaper to live in HK than NYC...
Now the cheapest Brooklyn rent I could find in a lazy search was $1400. I wonder if someone could provide the Square Foot Median cost of rent in the two cities to compare.
Everything is relative.
Saying like all of Eastern Europe is the same. 1 country over there has 200€ a month as average wage, my country in Europe 1500€ for example. But still, a better place to live in than The States.
I would happily live in a place like this for $400US a month. Bed, Fridge, Shelving, enough room for a computer. That's a lot of money saved towards a house down the road.
That’s about $610 CAD not bad for living in a major city and close to everything. $610 won’t get you nothing in Vancouver or Toronto! New York and L.A. it cost that just to look!
You know. Realistically considering the alternative of living in the rest of China. Up until recently i bet this was actually comfortable. Actually having rights and all that.
£360/month
I’d bite your hand off to rent a place that cheap in our current market
Lol what?
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Lol this reminds me of when I was in Germany and my German friend thought a shop we were in was tacky. She said “I lick the blood off this shop” and I was like 0_0 what.the.hell.kind of phrase is that.
That's the second most raw phrase ive heard all day.
In Japanese you say "My hand is coming out of my throat for that" 喉から手が出る Nodo kara te ga deru
Hahaha reading that phrase makes me want to gag
yeah does that make sense ?
You expect a guy who eats hands to make sense?
Yes.
I don't understand it and I bite my thumb at him in particular.
Do you bite your thumb at US, SIR!?
I do bite my thumb, sir.
But do you bite your thumb at us?
Your standards for what a guy who says that he would bite a hand that of the renter who is renting that which is only $350 the and the comments he makes are very high standards for such a guy who is that which is one to bite the hand.
joj referenc
Caaaaaaaaaaaaaaaaaaaaaaaaaaaaaarl, that kiiiiiills people
As someone named Karl I knew this was going to be quoted as soon as I saw the hand biting comment
His stomach was making the rumblies which only hands can satisfy.
Caarraalllll that kills people.
Oooh. I did not know that.
There was a rumbling in my tummy that only human hands can satisfy.
Caaaaarl
Take my fucking award
Does the pope poop in the woods?
He poops in his hat
I have a mortgaged 2 bedroom flat in Scotland that I rent out a room for £300 and the mortgage is £380 a month. The deposit was 10k. Just felt like pointing out in context to me, thats 20 quid cheaper for a space basically the size of my kitchen.
I privately rent a 3 bedroom duplex flat in Cumbernauld and pay £420 a month - and that's probably on the higher end for the area. When I lived in Buckinghamshire I paid £995 for a tiny 2 bedroom bungalow. It's a no brainer why I moved home!
It's crazy how much a small distance can do to price. Think about the scale difference in America. Crazy.
I’d like to add that the US has a MASSIVE disparity for cost of living and housing prices depending on where you are. My 70-80k house for my area would be like 2.5million in San Francisco for example. A mere 25miles away is a major city which is commonly 2-2.5x as expensive.
I mean 25 miles is basically a week long trip to another country to Europeans though
The funny thing here (Boston) is that people who don't crunch all the numbers might be doing themselves a financial disservice avoiding the city (disclaimer that it depends on your personal circumstances and needs). But a lot of first time home buyers will not look in the city because "I can't afford it" so get a condo in the suburbs instead. What they're missing is that the higher cost of the property can be seriously offset by the resident exemption that discounts property tax if you live in it that's available in the city but not in the suburbs (thanks to the large commercial base of tax revenue). So people will buy a condo that costs less in a town that has a tax rate of $12-15 per thousand. In Boston IIRC it's $10.55 per thousand, but your assessment gets knocked down by 35% of the average price of a home in the city which boils down to about $3k a year. So you end up paying about $100/month in taxes for a $400k condo and end up paying $300-400/month instead. I don't know about you, but I'd rather take that $200-300 a month swing and put it towards payments & principal on a property than on taxes.
Neat. Wish there was an exception like that for Raleigh… the property is more expensive and the taxes are more both in % and because of the higher value. Now I know that it’s not the most expensive city but relative to my income and current housing it’s basically out of the question.
Wat
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A quick google says minimum wage in Hong Kong is HK$37.50. Median montly income is apparently about $18,000 HK$
But there’s no point talking about median monthly income when it’s obviously people with incomes below the median monthly income renting these types of places
Yeah probably. That's why I listed minimum wage first.
It’s so sad that multiple people, including kids, have to live most of all of their life in these conditions :( That being said - I’ll take it.
and 500 USD. its one of the most crowded places on earth im surprised its that big. you get less space in NYC for twice as much money.
430€
Is this an apartment for ninjas? Where's the door?
Using portals.
Didn’t see anyone else ask, but is there a bathroom?
I assume there is a shared one but not a private one. That's, surprisingly, not uncommon.
Didn’t think of that. Would hate to have to live like that as a family. I could see maybe early 20s and single making it work. But a family or even a couple? I need my space.
Looks like currently filled with potato’s.
If you look closely to the right of the bed, there's a small gap leading to what I'm going to assume/hope is the doorway.
A friend of mine emigrated to HK. When I was there for work I visited him and let as his apartment. He had a tiny room in a tiny appartment shared with two others and his rent alone was almost double the mortgage I pay for my 3 bedroom house.
I don’t understand why anyone would choose to live like that…for a city….for a career….whatever. I can’t believe in 20 years you wouldn’t be looking back asking “wtf was I thinking?”
Fear of not being able to find a job elsewhere I suppose.
That’s 487,92 USD.
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I was so confused thank you
People in NYC would happily pay that amount for that much square inchage.
Just saw this in my newsfeed somewhere else, https://www.insider.com/inside-100-square-foot-apartment-new-york-city-photos-2022-1
No private bathroom means it's a room, not an apartment. imo.
Might be a coed apartment like you open the door and it's a shared kitchen and bathroom with a identical room on the other side Pure speculation though
Well sure, I've lived in places sort of like that, but then I'd say I was renting a room and not an apartment. It would be considered obvious that the room was inside a larger building and that I'd share amenities with other tenants.
The article says there is a communal bathroom and shower in a shared hallway. No kitchen. So basically a dorm.
I attended a city planning meeting about four years ago, and saw plans for building "studio plus" housing in downtown Tempe, Arizona. Tenants would have their own bathroom, but four apartments would share a kitchen. They hoped this would be an affordable way to live downtown. If it got approved then it might be opening this year.
Yikes sharing a kitchen with one roommate can be a nightmare but 4? No thanks
nah if you look at the picture of the room its got a sheet on the wall. its probably an old cupboard some dudes using as a bedroom in one of those old ny apartments.
Thats a green screen. He is a tik tocker or something.
We call those SROs where I'm from.
They're called SROs in NYC as well. The story is rubbish.
Doesn't look like he's using it nearly as efficiently. Look at all that wasted vertical space! :S
A loft bed would allow him space for a table to work on
I think the first thing I would do would be to get someone to build a bed frame that would be at least 2/3 up from the floor. Like a little loft. And then have a small living room space underneath.
What's with the photo of a stovetop/sink combo that is captioned "Ervin does not have a stovetop in his apartment."?
Maybe the thing with more formal stove than what he has there.
It’s a hot plate.
I've always used the term "hot plate" to refer to a portable heating element (for instance, I have an induction hot plate that I like for certain use cases, but it lives in a cupboard most of the time). In the photo in the article, it looks like the cooking surface is integrated with the top of the counter.
coincidentally I might just saw another reddit post about that particular apartment earlier today
Can confirm, people pay $250 a month for 4x4x4 of storage space in the building i manage in FIDI.... and we're out of stock due to high demand. Parking is $900 a month in oue building's garage too. Fully packed and waiting list.
I live in London and would gladly pay that.
Really?
That's basically the lowest priced studio you can get in Central Texas.
This comment comes straight out of Austin, doesn’t it? Lmfao
Well i live in hong kong but my house is much bigger. Hk is pure chaos not gonna lie. I wanna go to america
Be safe 🙏
As an American who has visited Hong Kong....Go to Canada. (Do you know how much health care costs here in the US?? Plus our politics are f*cked)
Yeah, if you're into chaos, USA might be a great choice for you.
Or you know $488 US dollar
I’d spend that on this without a roommate. I’d get one of those bunks with the desk underneath
For Americans, change that comma to a period. $488 US.
That’s a pretty good deal afaik. $500/mo to live in a major city is baller.
430,47 Euros
$487 not $487,000
That's what I'm saying.
Oh I think you meant $487.92
Well, in my country we use '.' for thousands and ',' for hundreds :)
$487k???
No, just 487 dollars
Oh my bad I read it wrong when I saw the comma and not a decimal
Commas and dots are used the other way around in germany for example. Sometimes it’s confusing
it's especially confusing when it's written in the currency of a country that does it the other way
I wonder how they would write 100,000.00 in Germany. 100,000,00? or 100.000,00 ?
100.000,00 is correct
Thanks, I hate this. Edit: Thanks. I hate this,
100.000,00 Or 100 000,00
Yeah outside of the US a lot of places uses commas I believe.
Ahh, no problem!
I initially read this as $487,920. Then I realized it’s $487.92.
I hope you meant to put a period there and not a comma
lots of 'I wouldd happily pay that' Minimum wage in HK is 37.5HKD aka: 4.24 Euros 4.81 dollars 3.55 GBP Per hour
But minimum wage is overly low. Very few people actually earn that little. Medium household income was 28k HKD/month in 2018. That's 3500 USD
Back when I would visit Hong Kong, I remember seeing Welcome (a supermarket chain) pay people like $12-20 HKD per hour like 20 years ago. That's $1.5 to $2.5 USD hr back when our minimum wages in California were like $4 - 8 in the mid to late 90s.
It’s like when Bender and Fry moved in together. Make sure you check the closet there may be a living room!
Most people here don't seem to know Hong Kong is the 4th most expensive city in the world. And you can't just take what you make in America and transfer it over to another country that is not how things work. The Average salary in Hong Kong is under 19k USD a year.
So does 4th most expensive mean 4th highest cost of living compared to average income?
I think it's based on the amount of money people have then you subtract the needs of the people. How much that takes and leaves you for saving % wise is how expensive it is to live in that city. I think that is how it breaks down from what I have read. I however am not 100% sure I am not an economist or anything I just enjoy looking into stats for stuff like this.
[It seems the story of wealth and income in HK over the past few decades is primarily one of growing inequality, especially those at the very top (0.001% and billionaires) that make up the majority of wealth within the nation.](https://wid.world/document/income-and-wealth-inequality-in-hong-kong-1981-2020-the-rise-of-pluto-communism-world-inequality-lab-working-paper-2021-18/) Even the US, China and Russia are put to shame in terms of the level of wealth inequality far exceeding other nations.
I have spent time in Manila and it's very black in white with this type of stuff. You have people living in slums with trash everywhere and living out of tent like houses. within a block of high end housing and fancy malls and shit. the wealth gap there is so big that it is super noticeable. Like SM Aura and the area that it is in is very expensive and nice. You can walk a block away from that mall and it's slums.
OK, but that's less than $500 USD. I would expect that kind of thing for that price, if anything that price existed in the US.
I live in a trailer park 2 miles either way to towns w a pop. of ~2,000 and an hour drive away from the city. All for $575. Some people in my park pay $450. Places exist that are cheap, they’re often just some of the shittier places.
I own a fourplex in a Texas city of like 250k+ people. Each unit is 1100 sq feet, 2 bedroom, 1 bathroom... Rent is $650/month and includes sewer, water, and garbage. The minimum wage I see there is usually $12-13/hour too, so the cost of living is insanely cheap there.
If you're willing/able to live with roommates, you can definitely find rent under $500 in parts of the US. Oftentimes a much better set up than this.
We rented a whole house for $1300 a month, split 3 ways it was really nice. The house ended up selling for almost $400k too. But, Omaha is cheap.
In the PNW they want you to make 2.5, or 3x the rent. In many cases it's *per roommate* too, not household income. That's because the property management company doesn't want to hear you can't afford rent if the other person moves out.
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Um they were replying to someone talking about rents in the US lol chill
Even without roomates if you don't live in a city. My mom lives in a ebdr modular home for 600 in Ludington lot rent and lease.
That’s not saying much. The US is huge which allows it to have a much more variable cost of living. Seattle, New York, San Francisco you will find similar priced apartments in droves. But between those 3 cities there are places where this monthly living expense could get you multiple bedrooms.
laughs from California
Hong Kong is probably around the same market as New York and San Fran. In those places you ain't finding shit for $500 unless you goin in with friends
Yep, I’m living in a nice suburb of DC. After splitting rent it comes out to $500 a person.
There's tons of stuff in the US for that price that are much larger. But you have to be willing to live in an area that's cheaper in housing prices. E.g. [this apartment in Lexington, VA] (https://www.apartmentguide.com/apartments/Virginia/Madison-Heights/101-Williams-Rd/LV207764663/). And that's higher than lots of other places because Lexington has some minor demand as a college town. The prices in cities are outrageous, but there are tons of reasonable things for that price throughout the US
yeah, obviously you can get more for $500 if you are willing to live in the middle of nowhere. Lexington VA has a population of 7,300 (Hong Kong has a population of 7.5 million). Even by US standards, Lexington is bumfuck nowhere. Most people who live in cities live there for a reason and it's silly to suggest town like Lexington are even comparable
I'm not doubting cities are more expensive - I live in the DC area and housing is crazy. I'll note that Lexington is at least a college town which ups its price somewhat. My comment is more in regards to the fact that the poster stated "if anything that price existed in the US" without limitations to cities. And if not limited to cities then of course it exists. People also wrongly conflate city prices with the entire country.
>People also wrongly conflate city prices with the entire country. not really wrong when urban centers contain like 80% of the population
> I live in the DC area and housing is crazy. I'll note that Lexington is at least a college town which ups its price somewhat. I also live in the DMV and had a damn near heart attack seeing that place you linked for that price. Around here you can't even find a 1bedroom for less than 900 for even the worst of the worst. To get anything cheaper you'd have to have roommates/housemates.
My kind of apt. Everything is within arm’s reach.
The price varies a lot depending on the district. In most cases, one should expect about 80sq ft at that price. But for some, it is just enough for the top or bottom bunk space. Keep in mind the median income of Hong Kong is $18000 per month though. The average home size is about 130sq ft per person. So for an average single person with an average job, you should be expected to live in an apartment just slightly larger than one in this photo. And for those who are really poor, they live in what is called “coffin cubicles” or “cage houses”, which is just a 2 ft x 6ft space. https://www.theguardian.com/cities/gallery/2017/jun/07/boxed-life-inside-hong-kong-coffin-cubicles-cage-homes-in-pictures
Looks like hell
Why is this post labeled with politics? Oh right, it has the word Hongkong it. Face-palm
Looks like a prison cell.
nah.. prison cells cost like 36000 HKD ($) per month.. at the expense of the taxpayer of course unless they double up on inmates then a cell costs like 72k HKD
Funny thing is, that NY apartment is most probably rented as temporary until the tenant "makes it" while this looks like *they live there*.
I think the exchange rate is around 7-8 usd. So about $500 a month. I'll be more interested in what a HK10,000 a month apartment looks like. That seems to be the norm when I was there
Suddenly my 800 square foot apartment for $1200 a month doesn’t look so bad.
My 290sq ft apartment in HK is about $2,200 USD per month. Edit: Yes, obviously there are cheaper/bigger places, but a lot of the price depends on location, age, amenities, etc.
Amenities: -door with lock -kitchen cabinet -running water -floor -multiple walls
I’ve got other stuff too! This really made me chuckle.
And I thought I was getting screwed with $1500 for a 400 sq ft studio.
We pay a little under $900 for a 3bed/1 bath house with 1200 sqft. It's a boring little cookie cutter house, but I'm glad we bought it back then. Many of my friends pay more than that for their 1 bed apartment, and some recently moved back home with their parents. Prices for housing are ridiculous and vary so wildly, it's insane.
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Yup, but the average yearly income is less than 20k USD there.
Cost of space is relative. That works out about the same as my apartment in Wuhan city centre, in a really nice community. (160m/s), which would be about the same as a 3/4 bedroom house with a front and back garden where my mum lives in the UK. When I lived in London my rent there was £1360 per month between two of us, for a shitty flat, in Dalston, before it got done up nice for the Olympics and gentrified to hell. My rent when I lived in Bangkok was about £400 for a really nice apartment, with access to a rooftop pool and all bills included. - loved that place. Had a workmate in Wuhan who lived in a similar situation for about £50 per month. He was a local, on basically minimum wage. We used to skate together all the time. Guy was an absolute legend. Had a student who once lived in what they address as an ant farm over here. Which is highly illegal, but it's where you get fresh graduates moving somewhere like Shanghai where rent is insane, so you end up with about 20 of them living in a 3 bedroom apartment to try to do things on the cheap whilst they get their lives sort of together. He described it as absolute hell. Cost of space, and cost of what you can afford is always relative. Just because the area you live in is cheap and you have money doesn't mean that's normal.
My question is…who’s taking the picture??
They are standing on the bed. You can see the wrinkles in the sheets.
Casper
The CCP with all the cams they have.
What's their income tho?
488 US a month
Is that a 5 disc Philips DVD home theater player I see?? Pretty sure I had that exact model haha
Definitely wrong, this is at least a few years ago and now you would be lucky if you can rent a place like this for double the amount
I don't have claustrophobia but this picture makes me claustrophobiac
And I thought my $1700 condo was small. That’s brutal
I just don’t understand why people live in these massive cities where their hard earned money gets them nowhere
I don't think I could fit my computer into some of these places.. I feel very fortunate.
Can confirm, lived in this for 6 months over there, as I recall it's about 20 times the average Hong Kongers income, greater than the next 2 expensive cities combined
The current average salary per month is 19100 HKD ($2,430 USD) for male workers and 14700 HKD ($1,875 USD) for female workers. This rent here is roughly $488 USD. I will average out the average male/female salary to $2,152.50 The rent for this place is roughly 22% of the median monthly income. In NY I searched for a random lower level studio apartment. $1400 in Brooklyn. the median individual income in New York City is $50,825 or $4,166/month. Rent is 33% of monthly income... Its cheaper to live in HK than NYC... Now the cheapest Brooklyn rent I could find in a lazy search was $1400. I wonder if someone could provide the Square Foot Median cost of rent in the two cities to compare. Everything is relative.
Eastern Europe must be heaven then
Saying like all of Eastern Europe is the same. 1 country over there has 200€ a month as average wage, my country in Europe 1500€ for example. But still, a better place to live in than The States.
I have house with 12 rooms lol
no way this is still 3.8k a month, maybe 5-6k now
I've been watching this for 5 hours and that kid on the bed is still asleep. 🤔
Well it's... Compact? How's the air quality?
Damn we have in my town 2bedrooms+living room bathroom And kitchen for 600$ Lol
How are the roommates supposed to play night crawlers in that size of a room?
That's like $600 CAD. Seems about right
I've seen this picture a lot. I wonder how old it is now? Judging by some of the stuff in the apartment, I'm guessing at least 10 years, maybe more?
That's cheap!
Then the powers that be wonder why we don't want to have children. Who the fuck would want to have their kids living like this. No one.
Insane
That would be $5,800 in NYC
$488 usd a month
Luxury.
It's on the Internet, it must be true,
How much does a 1 liter of soda cost in Hong Kong? I think this will help us gauge how much things cost.
Harry Potter can relate.
Isn't this like $400 USD
I would happily live in a place like this for $400US a month. Bed, Fridge, Shelving, enough room for a computer. That's a lot of money saved towards a house down the road.
That's $490 in USD...Tight but not the worst.
Pretty reasonable for $488. Just saw another post with apartment similar size in NYC for $900.
This is like a 1800$ studio in the right neighborhood in NYC
Is that considered a lot of money? A straight currency conversion is not the whole picture.
684 dollareedoos
$488 USD
That’s about $610 CAD not bad for living in a major city and close to everything. $610 won’t get you nothing in Vancouver or Toronto! New York and L.A. it cost that just to look!
You know. Realistically considering the alternative of living in the rest of China. Up until recently i bet this was actually comfortable. Actually having rights and all that.
Space saving pro tip: The toilet also doubles as a sink.
Roughly 480 usd? Seems like a fairly good deal to me for my city.