$665,000 To Park In Hong Kong

How much are you willing to pay to park? Perhaps parking is only for the proletariate. Regardless, how much would you pay for 17ft of concrete? Executive director of the Huarong Investment Stock Corporation, Kwan Wai-ming is willing to pay north of $650K to do so in Hong Kong. Yes, yes that same price may grab a modest flat in London or Hong Kong. Perhaps Hong Kong has reached peak real estate or the price could still balloon since a similar spot sold for only $615K a year ago. So, $45k up from last year…not a bad investment….even if it is only concrete.