Residents whose rent increases and forced evictions in the housing epidemic city reach 9 times the profit: not a conscientious person can tell

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Written by: Huang Yingjin

2021-03-28 15:49

Last update date: 2021-03-28 15:49

Under the new crown epidemic, all walks of life have been severely hit, but the Hong Kong property market has not fallen sharply as expected. Property prices have continued to "off the ground", and the impact has spread to the rental market.

The Hong Kong Association of Community Organizations conducted a survey on the profits of landlords operating subdivided houses and found that after the landlord or intermediary rented out the subdivided units, the rental income could be 9 times higher than its estimated rental value. The survey also pointed out that some units were affected by the epidemic and the property valuation decreased. Later, "increased rents in the epidemic city."

Residents who have rented sub-divided houses said that the living environment of sub-divided houses is poor, but the rate of rent increase has exceeded 50% in six years.

The landlord even increased the rent by 1,000 yuan due to the epidemic, which caused huge economic pressure on the basic tenants.

Residents who have rented sub-divided houses said that the living environment of sub-divided houses is poor, and the landlords have increased their rents due to the epidemic, which has caused huge economic pressure on the basic tenants.

(Photo by Huang Shuhui)

The price per square foot of a bedded apartment is more expensive than that of a private building

The Hong Kong Association of Community Organizations randomly sampled different unsuitable homes in Sham Shui Po and Yau Tsim Mong districts this month to understand the profits made by the owners of sub-divided houses.

The survey found that after the landlord or the intermediary rents out the subdivided units, the rental income can be 9.05 times higher than the estimated rental value, and the lowest is 1.37 times.

At the same time, the survey has also compared the rent per square foot of unsuitable homes and private buildings. The results show that in 2020 the monthly rent per square foot of various types of private residential units will remain at RMB 33.2 to 37.5, while the average monthly rent per square foot of subdivided houses has reached RMB 37.5. , Cage homes are as high as 105.6 yuan. The survey revealed that the worse the living environment, the higher the rent per square foot, and the rent level is inversely proportional to the quality of the housing.

Water leaks in the subdivided room and the ceiling is peeling off

Ms. Huang, who has rented a subdivided house for 6 years, said that her family of four will only earn about 9,000 yuan a month after the epidemic, but the landlord suddenly increased the rent by 1,000 yuan to 5,800 yuan a month in August last year, otherwise she would have to move her family away. .

Ms. Huang also thought about moving out, but she pointed out: "The price is the same. The cost of moving the house is so high. The owner of IKEA has the old furniture and has to renew the contract."

Ms. Huang also described that although the rent of subdivided houses has increased from 3,800 yuan a month to the current 5,800 yuan in the past six years, although the increase has exceeded 50%, the living environment has not improved, and even worsened.

Ms. Huang pointed out that the house itself has problems such as water leakage and peeling ceilings, and there is a risk of flooding on rainy days. Whenever it rains, the family has to "sell water" all night.

However, Ms. Huang said that the owner was indifferent to the harsh living environment and would only say: "I told you to move and don't move. Ms. Huang once reimbursed the owner for maintenance costs for a water pipe burst, and was scolded by the owner, reflecting that the grassroots households have no protection. , In order to find a stable home, the only way to do this is to "put the meat on the cutting board."

Wilson said: "If you don't have money, you can stand on the street! It can't be said by a conscientious person!" (Photo by Huang Shuhui)

Unemployed landlords increase rents and evictions due to the epidemic of sub-house tenants

Another residential tenant, Wilson, said that the catering industry has been hit hard by the epidemic. He also lost his job in the catering industry. There is a disabled mother in the family who needs to support him. At this time, the owner said: "You are all unemployed and live. It's moving!" Wilson couldn't afford to pay the expensive rent, so he could only move to the cubicle, and then to the current bed, sharing with 20 groups of people.

The mother can only be sent back to the mainland for relatives to take care of her.

Wilson said: "If you don't have money, you can stand on the street! It's not a conscientious person! I hope the government will do something conscientious, and there will be rent control, and so on (the landlord) Don't be presumptuous."

Association urges the government to regulate the rent of sub-divided housing

Shi Lishan, deputy director of the Hong Kong Association of Community Organizations, urged the government to review the regulation of the initial rent of subdivided housing and strengthen the protection of rent control.

The Association recommends that the Government should contact the Property Valuation Department to determine the market rent of sub-units and reset rent control laws to regulate the level and increase of sub-units.

At the same time, the government should provide "rental allowances" to singles who have been waiting for public housing for more than three years but still renting private units, and speed up the construction of public housing and transitional housing.

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