shenzheniffer,
you COULD live out in sai kung, get a cheaper place and buy a used car. we've done it.
we are paying less than $20k for 2100' home. 5 bed, 4 bath, garden, 2 car parks.
we bought an el cheapo car ($8000) and i use it to commute daily to tsing yi. it still works out to be MUCH cheaper than most places. it takes me 45 minutes door-to-door.
ideally, i would love to live a little closer to work, but that is just not in the cards. i would rather be on the road an extra 20 minutes per day and enjoy the space we have.
it is a trade-off though.
I think it's very interesting that people in HK tend to be a bit more open about money than where I'm from. So, having said that, let me just be really open here and hopefully without facing much judgment. From another post, Cara, I think I remember you saying that your house cost around $14K/month rent? Is that right? I don't have the post right here so I can't remember correctly.
My husband makes 20K/month which is actually a decent wage here in HK for a local HK person who does not work in Central, own their own business or work in the financial sector. I have a friend who worked for one of the top newspapers in the city full-time with a byline and an editing position and she only made 10K/month. She worked at least 50 hours/week and many times more (she worked so much it was like she just disappeared or something). I recently went back to work but I work part-time so my wage is a bit hard to factor into the equation sometimes. But, let's just say we were trying to get by on 20K and rent a 14K apartment, plus drive our car and eat, pay utilities, buy diapers and save money. 6K in HK doesn't equal much.
Now, I'm thinking that there are cheaper places in Sai Kung if you settle for less room. Is that right? But, if you're settling for less room, then what is the payoff of living so far away. It's not that Sai Kung isn't beautiful and a desirable place to live, because it is. But, can you see what I'm saying. It's really not do-able for some people.
These are just the facts. Many expats here are making at least 20K month (if you're a NET teaching with the government program the lowest starting salary is 22K, I believe but it goes up substantially from there, for example). On top of that salary, receive at least a housing allowance. Everyone's situation is different but if the largest wage-earner in the home is bringing in a salary that is comparable to the "normal" salaries in HK and/or the wife does not work, moving out into the country to get away and facing a higher rent rate for a bigger space with more green and then the added stress of transportation can actually put a real, tangible stress on a family's finances.
The cost of buying a car in HK is relatively lower than anywhere else--plus the quality of cars is better because most people don't drive their cars until they're run into the ground in the first place. But, as a expat friend who has lived in HK for 25 years and raised his children here told us, the cost of licensing, insuring, registering, maintaining, parking and putting petrol in a car in HK equals out to the same amount of money you would spend if you took a taxi everywhere you went in that car. So, if you can afford to take a taxi everywhere you would drive a car, then having a car is affordable. I'm just talking the financial aspect of owning a car--not the convenience factor. Personally, we cannot afford to take a taxi very often anywhere. I don't think we are out of the norm as far as "normal" goes here in HK (but expat "normal" may be different).
Anyway, thank you for letting me indulge my napkin back calculations here. :tongue: