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My landlord just raised my rent by HK$8,000. A month. 😳

1 day ago
2 min read

Yes, you read that right.



Not HK$8,000 a year.



HK$8,000 a month. (That's about USD 1,019 every single month.)



My lease expires in 2 months, and he called early to deliver the news.



The HK rental market is on fire right now.



Everyone's renting instead of buying, so landlords hold all the cards. 🔥



But here's what I genuinely don't understand:



If more and more people are being laid off… who's affording all these higher rents?



How does the rental market keep going up?



If it were purely my decision, I'd move.



There are cheaper areas.



Simple math.



But my family are strong feng shui believers.



And they insist we stay. 🧧



(My brother is so serious about it, he places 4 coins under the carpet at his entrance and another 4 at his office desk. Anyone else's family do this? 😅)



So I did what any finance-brained person would do. I calculated:



→ To generate HK$8,000/month in dividends…



→ HK$8,000 × 12 = HK$96,000/year



→ At a 6% yield (say, China Mobile)…



→ I'd need HK$1.6 MILLION invested just to offset this rent increase. 💸



One landlord's phone call = HK$1.6M of extra portfolio money needed to stay "financially free".



And here's the plot twist.


My parents' counter-argument: "Since you moved here 2 years ago, your sales revenue went up, your LinkedIn branding grew, everything's been smooth. You want to move NOW?"



So now I'm stuck between math and feng shui....



How about you?



🔮 Do you believe in feng shui — even a little? 🏠



Has your landlord raised your rent lately? By how much?



Drop your number below.



PS: If you're job hunting today, my guide might help:



📝 Fixing Your CV & LinkedIn in 1 Day https://lnkd.in/ggNqAK87


 
 
 

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