Hello, I am Shiori, the correspondant of Hong Kong. The cost of living keeps rising in some of the countries recently and I am going to talk about how its affect everyday lives and spending habit of Hong Kongers.
First, in the aspect of salary, the level of salary did not have big changes during these few years for almost people in Hong Kong. However, the inflation is keep increasing thus the total amount of salary cannot cover the spending of daily life. The inflation is high but the salary level is low, it is affecting the daily life of Hong Kongers.
The first thing that affecting Hong Kongers is transportation.
There are two common transportation in Hong Kong, bus and MTR. During these few years, MTR always increase the fare and there are many dissatisfaction from Hong Kongers. Some of them needs get up more earlier than usual in morning to wait for the bus because of the fare of MTR is expensive for them so they have no choice on it. Thus, high transportation fare is affecting Hong Konger’s daily life.
The second thing is entertainment. Hong Kongers feel many pressure of their lives or work, so they will always go out for dinner or some leisure activities with friends after their work or during holiday. In order to the inflation, the price level of restaurants are keep increasing. Some of the Hong Kongers could not afforrd it so they will choose some restaurants that can provide less expensive food. Therefore, high cost of living is affecting the times of having entertainment ofHong Kongers and their pressure could not reduced well.
The other thing is daily necessities. The price are getting much higher than before and it costs a lot in Hong Konger’s daily life especially the house wife. They have to control the spending everyday in order to support the family. So, it is affecting Hong Kongers.
So if there is any smartphone applications for finding some cheap and good restaurant or second-hand goods, it could be helpful in our daily life.