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Cities Where Rent Swallows Your Salary

Cities Where Rent Swallows Your Salary

Old Apr 27th 2016, 1:14 pm
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Default Cities Where Rent Swallows Your Salary

Dubai and Abu dhabi still high up there.

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Old Apr 27th 2016, 1:38 pm
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Default Re: Cities Where Rent Swallows Your Salary

Singapore rents are skewed by HDB rents. If you compare like by like Singapore rents are far higher than Dubai.
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Old Apr 27th 2016, 5:16 pm
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Default Re: Cities Where Rent Swallows Your Salary

Presumably those percentages are measured against natives' salaries rather than expats'.
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Old Apr 28th 2016, 2:18 am
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Default Re: Cities Where Rent Swallows Your Salary

Surprised Doha isn't in there too. Rents keep going up even as compounds are lying empty awaiting someone who will pay the asking price.
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Old Apr 28th 2016, 4:38 am
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Default Re: Cities Where Rent Swallows Your Salary

Originally Posted by Norm_uk View Post
people being laid off and replaced with highly skilled and experienced locals...
N.
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Old Apr 28th 2016, 6:08 am
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Default Re: Cities Where Rent Swallows Your Salary

So hard to work out.

Dubai average salary including lowest paid and highest must still be quite low.
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Old Apr 28th 2016, 6:17 am
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Default Re: Cities Where Rent Swallows Your Salary

Originally Posted by Scamp View Post
So hard to work out.

Dubai average salary including lowest paid and highest must still be quite low.
Don't forget that the lowest paid also get free accommodation.
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Old Apr 28th 2016, 6:20 am
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Default Re: Cities Where Rent Swallows Your Salary

Strange lovely KSA not featured
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Old Apr 28th 2016, 6:28 am
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Default Re: Cities Where Rent Swallows Your Salary

Funny numbers. Trying to get accurate statistics out of Dubai or the UAE in general is going to be nigh impossible for reasons including the one you just listed.

Originally Posted by Millhouse View Post
Don't forget that the lowest paid also get free accommodation.
Read not long ago in the National that 1/3 of housing units in AD are empty.
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Old Apr 28th 2016, 6:29 am
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Default Re: Cities Where Rent Swallows Your Salary

Originally Posted by Charl01 View Post
Strange lovely KSA not featured
Not really, it's a selected list. It's not a ranking of all countries.
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Old Apr 28th 2016, 6:32 am
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Default Re: Cities Where Rent Swallows Your Salary

What I like about these charts that I regularly post here (I do not prepare them) - is that everyone gets so caught up in the details and potential irregularities that they fail to see the overall trend.

Imagine living in Beijing where the average person needs to have two incomes to cover the rent. London looks about right at 50% of average salary, I suspect Dubai is also pretty close, as is AD.

The data errors will be largely common to all cities, think of those in the UK not earning official income? Or sharing slum-landlord accommodation? No city is immune. I still don't want to live in Paris though.

Let's not not forget that Dubai is all expat.
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Old Apr 28th 2016, 7:24 am
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Default Re: Cities Where Rent Swallows Your Salary

So what is the overall trend you refer to? Chinese cities becoming more expensive?


Originally Posted by Millhouse View Post
What I like about these charts that I regularly post here (I do not prepare them) - is that everyone gets so caught up in the details and potential irregularities that they fail to see the overall trend.

Imagine living in Beijing where the average person needs to have two incomes to cover the rent. London looks about right at 50% of average salary, I suspect Dubai is also pretty close, as is AD.

The data errors will be largely common to all cities, think of those in the UK not earning official income? Or sharing slum-landlord accommodation? No city is immune. I still don't want to live in Paris though.

Let's not not forget that Dubai is all expat.
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Old Apr 28th 2016, 7:37 am
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Default Re: Cities Where Rent Swallows Your Salary

Originally Posted by DXBtoDOH View Post
So what is the overall trend you refer to? Chinese cities becoming more expensive?
The list is too small to identify a trend from. Chinese has 50 mega-cities, so with just 3 identified its impossible to draw any conclusions about China, or any other countries. Its a bit meaningless, really, except in relation to the listed cities.
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Old Apr 28th 2016, 10:43 am
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Default Re: Cities Where Rent Swallows Your Salary

Originally Posted by DXBtoDOH View Post
So what is the overall trend you refer to? Chinese cities becoming more expensive?
With the exception of a couple of distinct financial centre hubs, one could draw the conclusion that life in the emerging markets is tough for its people.
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Old May 1st 2016, 9:05 am
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Default Re: Cities Where Rent Swallows Your Salary

Originally Posted by DXBtoDOH View Post
Funny numbers. Trying to get accurate statistics out of Dubai or the UAE in general is going to be nigh impossible for reasons including the one you just listed.



Read not long ago in the National that 1/3 of housing units in AD are empty.
I saw that too and have since tried to find it, and failed.

Either i can't use a search engine with any nous (entirely possible) or it has been removed (also, entirely possible).
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