downpayment 有屋企人幫嗎? 男女朋友, 香港

auyatyat

前排睇o左個香港節目講80後好難上車,其實溫哥華都唔好得去邊,當香港排第一o既時候,溫哥華都排o係第三位...兩邊都係咁唔affordable...香港d 同學好多想買屋先結婚,所以計劃一直推遲...依家有一pair 終於放棄o左,決定租屋結婚

自己終於儲夠down payment買屋 (其實只係一個downtown condo)...希望無上錯車....
爸爸媽媽有少少suprised 因為佢o地大部份時間o係香港,唔係好知我做乜.
我bf 成日話男女朋友,每人每年供RRSP max limit,其實過得幾年一定會買到屋(即使係10% down 都好過無) 不過又有幾多人真係咁乖....交稅交o左咁鬼多,自問節流無特別方法,平日o係屋企食早餐,pack lunch返工,夜晚食簡單晚餐..無乜特別娛樂,打o左波做o下gym 咁過,儲錢亦都靠開源,做o下秘撈,接o下side jobs,幫人補o下習...

Nam

能力做到的，盡量希望唔洗父母幫，話哂個啲係佢哋養老嘅錢！

其實，我都差不多儲蓄到10 % down， 但係買樓無理唔放20 㗎，條數真係好襟計，又要instalment 又要 strata fee，再加埋 premium， 真係會做樓奴㗎喎！

librazhy

if you struggled even about a small percentage downpayment, your income doesn't seem to be high.

if your income is not high, buying rrsp is not wise.

auyatyat

回復 2# Nam

3月18之後min 15% down,距離上車o既路愈來愈難行...努力~

Ovaltine

then don't buy real estate, its that simple. i don't know why asian are so into real estate investment, the population explosion is over, even if you think there is explosion from india and africa, the more population will likely create more chaos aka war, in turn real estate may drop significantly or remain stagnant. real estate developers and parents are usually feeding the media frenzy by telling their kids to buy houses or condo as investment. pretty dumb imho

布小熊

noop. used RRSP for the first down payment and it was a few years back...

cremedelacreme

If its affordable, preferably not  to use parents money, bcuz they are old, and those are their own savings, I would like to see them go travel etc instead.  and it would be nice if we can use our own money to purchase our own place if the $ permits.

masterbear

then don't buy real estate, its that simple. i don't know why asian are so into real estate investme ...
Ovaltine 發表於 2011-1-29 12:44

Interest rate is still so low for term deposit.... if not buy real estate, where u invest your $ in long term?

Ovaltine

stock market, find a good dividend stock wait for recession or depression, get the stock 50% off, buy it, let it sit for 10+ years.

chrichri

No, as my parents don't have money $ to help me for down + I DON'T WANT TO USE THEIR retirement money.

i bought my first apt with my husband in march 2009 and moved in june 2009 when the price was low. At that time we didn't know if it was a good time to buy, but we wanted to have our own place after marriage. we have been renting my mother in law's apt for 1 yr at that time.

So...We bought it with 10% down and paid about 7k cmhc insurance. We took it out altogether 30k from both rrsp and some savings. Everything was all good. I liked itand enjoyed my place, but then we saw the price of our apt went up for more than 20% in april 2010. We started thinking about having kids in the future, so we put it in the market and sold it for over 20% of what we paid for and started renting til we just bought our townhouse with over 20% downpayment because of the gain from selling the apt.

With that i always think property is a good investment if you are living in there...
Cuz when the price of your property increase, you can take a homeline of credit to borrow money for investment or other needs or emergency, so it is good if you can basically afford a 5-10% down and a regular mortgage payment.
As long as you pay it, eventually your mortgage balance reduced, you will have equity. It is better than renting. although vancouver is ranked no.3  for cost of living, i always think with more than avg min pay income, two ppl working family without kids, it is not hard to save up at least 15k per person for a downpayment for a small apt,  even both my husband and i are paying hundreds in student loan every month

Just my thoughts.. a lot of young ppl in hk have too much expectations on their first home, like a very convenient location and big new apt with amenties are just not too unrealistic....  prices of apt in richmond or vancouver are just not too high as compare to the prices in hk, especially mortgage rate is the lowest...
what i suggest for rrsp/tfsa is to do a regular contribution and set yourself up with at least a few hundred dollars a month. it is definitely a regular and auto savings.