1 year...
Joined: Jul 2013
Posts: 504
Likes: 1
From: one country, one system
Always the same mistake. People simply compare whatever they can buy at home for the same price and then conclude real estate in HK is overvalued. It isn't.
Last edited by Sam Ting Wong; 25th October 2021 at 06:57.
Joined: Dec 2020
Posts: 192
Likes: 55
From: HK
Exactly the same scenario in Oz. People have been ‘predicting’ a housing collapse for 10 years but it’s only gone up and up. Now with covid that’s pushed house prices in places like Sydney and melb even higher. I don’t see it going any other way if not even a global pandemic can bring the prices down.
Joined: Jul 2020
Posts: 66
Likes: 0
From: Hong Kong
Well, happy at least some guys moved on. Some got jobs in the US, the alcoholic from DB went back to AHK, one or two lucky one’s with corporate jobs in Aus. Hang in there - won’t be soon, but will change at some point.
Joined: Aug 2006
Posts: 405
Likes: 3
From: The Cesspit
Ten years ago the Hong Kong government introduced mortgage restrictions to cool down the property speculators. 50% deposit, additional stamp duties for a second property, additional stamp duties for non-PR, etc. The government could simply unwind some of those restrictions if required.
Unlike Australia which is so desperate to prop up its housing market that it has incentives to buy, as opposed to Hong Kong’s disincentives.
One jurisdiction has restrictions it can ease to assist a falling property market. The other
jurisdiction is throwing printed money around.
Back on topic. All the best to our ex KA and CX comrades wherever you may be. Hong Kong and the company is a lesser place since you moved beyond
Unlike Australia which is so desperate to prop up its housing market that it has incentives to buy, as opposed to Hong Kong’s disincentives.
One jurisdiction has restrictions it can ease to assist a falling property market. The other
jurisdiction is throwing printed money around.
Back on topic. All the best to our ex KA and CX comrades wherever you may be. Hong Kong and the company is a lesser place since you moved beyond
Last edited by Progress Wanchai; 25th October 2021 at 23:17.
Joined: Dec 2020
Posts: 17
Likes: 0
From: YVR
Sooo we now have second officers doing P1 'upgrades' on SO pay with a new heavily reduced number of simulator sessions. . If ever the swiss cheese holes were to align with such highly motivated individuals .
Cut the training + cut the pay = cut the standard
Cut the training + cut the pay = cut the standard
Joined: Apr 2009
Posts: 299
Likes: 0
From: HKG
Pedalz
Why do you think sick leave policy gets a mention in the weekly rag so much? Sick leave is through the roof. A different type of market forces is emerging. It's what the cabin crew have done for years. I also don't see cabin crew filling US tax returns. pilots are their own worst enemy and management know this, so nothing will ever change.
Why do you think sick leave policy gets a mention in the weekly rag so much? Sick leave is through the roof. A different type of market forces is emerging. It's what the cabin crew have done for years. I also don't see cabin crew filling US tax returns. pilots are their own worst enemy and management know this, so nothing will ever change.
