Sunday, 13 August 2023

Wow! 7,000 queue to buy tiny flats


~$HK 15,000 per square foot = $A 3,000 psf or ~ $A 30,000 per sq metre. 
Average Oz house size is 240 sq m, so = $A 7,200,000 for an average Oz house, at HK "discounted" prices! 
Young HK folks paying $HK 3.2 million ($A 640k) for 210 sq ft or ~21 sq metres…. A shoebox.
And look at them lining up! Today's South China Morning Post front page.