Skip to comments.Hong Kong parking space prices zoom to record
Posted on 11/25/2012 9:29:46 PM PST by aquila48
The soaring price of a parking space in Hong Kong is raising fresh concerns that money flowing into the city could further inflate the red-hot property market.
Despite a subdued economy and a new 15 per cent stamp duty on non-resident and corporate buyers, prices paid for parking spots in Tai Wai have reached over HK$1.3 million - topping the heights reached by the market before the 1997 property bubble. Some owners of parking slots are reselling newly acquired spaces for profits of up to HK$300,000.
(Excerpt) Read more at scmp.com ...
We're conservatives, we pay our own way.
Times are tough on a lot of us, but if you've got a job, really, $5 a month? You're going to miss that? How about turning off the lights when you leave the room? How about dropping the thermostat a degree while you're not at home? How about skipping that fancy pants coffee twice a month?
All we're asking for is $5 a month. Get out that wallet, input your Debit/Credit card #, set up a monthly and forget about it.
If this ham-n-egger can be a dollar a day guy, you can pony up $0.17 a day. Seventeen cents a day for all the time you spend on FR?
Cerainly, a bargain at twice the price, don't you agree?
You'll feel much better about your time on FR.
I don’t reckon many people here live on any less than my income. I’m not buying that anyone here can’t afford 5 or 10 bucks a month.