household income

auyatyat

純粹分享,不喜勿插

最近睇o下d tenant applications, d 人好似愈窮愈多要求,租屋好似要全包
好多個我直接拒絕,叫佢o地去搵BC Housing...

一個household,男o既做sales $35k/year, 女o既做bakery $28k/year
= $63k/year = $5250/month
扣完稅可能得返$4000/month
租屋 $1580 + 電 $50 + cable/internet/電話 $200 = $1830
其實剩返好少錢洗
男o既仲話遲d 想買車....
insurance,入油,泊車,lease/finance 都係錢...
真係唔洗食飯咩....

BiscottiGelato

回復 62# fibbi

Of course with the same take home pay, you go a lot further in HK. With the same take home pay, you can live like a king in mainland China compare to even HK. What's the point of such comparison however? Doesn't help identify which is a better place to grow your nest egg or start a family, etc. You'll probably need to be a supervisor/manager at a bank in HK to make the same as an entry accountant here. It's like comparing apples to oranges...

The comparison will only be any useful/meaningful if it's the same job, with location being the only variable. Then we can see how location difference alone will impact quality of living and level of savings.

fibbi

回復 61# BiscottiGelato


    I disagree. As I mentioned, I"m not talking about same job. Even same job, one can get pay differently in HK than here. Nor I'm comparing quality of life either...we always have better living environment. Clean air-priceless.

I'm just talking about with same take home pay, after basic expenses, one can end up save more in HK, just because clothing, food, and transportation are cheaper (assume one spend same $ on rent). Even with the same take home pay, there is sales tax on top here as well. How can we actually save "more" here? And of course, in HK you always want to save, because medical expense could be huge, if you don't want to rely on public health care. Here we just have no choice but to enjoy the free health care.

BiscottiGelato

回復 59# fibbi

What I am saying is that this is not true.

For the same job and same quality of living, you'd end up saving more money here than in HK.

If you are saying people here tend to be willing to spend more to get a higher quality of living and thus save less, then that's not even an Apple to Apple comparison.

Putting it into more extreme example to get the point across. It's like saying if you buy a Ferrari you'll save less money than buying a Civic... DUH!

Catpiano

Should say ... when live in HK, you have no choice, but to save some money .. (if you can) you need some big chunk of money in case of medical need etc ..

Here ..  people don't really like to save a lots, (well, chinese and indian etc do) or say no need to have big chunk of cash, if something happened, health care etc will cover, even giving birth, most people in HK choose to use private hospital .. (talking $50-60K) but here ....  well .. no choice .. and free ...

fibbi

居住環境點講都係呢邊好啦。But as I said, housing aside, the other 3 basic expenses, are still much cheaper in HK. So at the end, the result is "you can save more $". But here, can't save much with a similar lifestyle.

BiscottiGelato

回復  BiscottiGelato


    I"m not talking about how "easy" to make certain $$ in HK vs here. I don ...
fibbi 發表於 2011-6-25 19:09

Of course, if you make the same take home pay here vs HK u'd bring more money home. But that's a moot comparison. As you'd have to have a lot more job in HK to bring in the same money home.

The fair comparison is the same job here vs same job in HK. For the average working class, same job vs same job one'd have a much more purchasing power and much higher quality of life in Canada vs HK.

Don't get the taxes wrong. People would have you believe that it's crazy high here. You only really pay ridiculous tax if you make insane lots here. For $40k CAD annual income, your average tax rate without doing RRSP is actually under 15%. That's a take home of $34k, which is $272k HKD, or about $22.5k a month. 18% more take home than the 19k HKD income. And you need quite a bit of job to make 19k HKD income.

Putting it into perspective, I think you make close to 40k a year doing big 4 accounting, entry position in HK here, that's 22.5k a month. You make about 12k a month doing big 4 accounting, entry position in HK. With housing being the biggest expense and costing roughly the same between HK and Canada. It's simple to see that the average spending power and living condition of the average worker in Canada is going to be much better than HK.

Catpiano

Well...HK and Canada ...so differt....

Just got some friends and their parents here for visit from HK....they can't hardly stand here la...just 由車可 all the time... And 排隊everywhere....and of course, everything is so much more expensive then HK...(basic item) now they know why most Chinese restaurant owners drive Ferrari, Lambo, Porsche etc.... Easy money here for food industry....

Again, the killing part in HK is housing....as long as the housing problem is solve, the rest is easy.....

So most of my friends are in mid-30's, most of them bought a home ~ 5  plus year  ago, when thhe price wasn't that crazy, ( say $2m ) so they are doing ok now, even they don't make a lots of $$$ ... But if they need to buy a home now, $5m plus.....payment would be triple or more..... So....some friends of mine without their owe properties, just give up, and live with parents or rent suen la....

peter236

When you buy most things here, another 12% goes to the HST.

fibbi

回復 54# BiscottiGelato


    I"m not talking about how "easy" to make certain $$ in HK vs here. I don't think it's "easy" to make 40K annually here either. I have friends making less than 40K here, and I also have friends making <$20K HK monthly. I am just trying to say with the same amount of take home pay, after basic expenses(衣食住行, assuming spending same $ in housing), it's easier to save (because of less tax) in HK.
Basic expense like 衣食住行, clothing is certainly cheaper in HK; food (both dine out and grocery) too. Housing market is crazy both here and HK, transportation in HK is cheaper if we compare to owning a car here.

Another thing is that, even making 40K annually here, after tax, how much we got? It's probably about same $ as earning 19K monthly in HK la.

If you are supporting a family (even family of 2), you know how much expense we need to pay, just basic expense (nothing fancy)I'm talking about here...and how $ goes so fast...