Hong KONG –
That the land and housing prices in the built-up hong Kong soaring, is generally known. The craziness on the overheated market was given a new dimension, now a businessman willing to turned out to be converted to 595.000 euro down to count for a parking space in the centre.
For that money you can on a lot of places in the world wonderful house buy. Businessman Kwan Wai-ming has no more than a piece of concrete of 5 metres in length and 3.30 meters in width for acquired. Even for hong kong standards, it’s much, writes The New York Times.