Hong Kong Property Tycoon Gave Away Children’s $400m Inheritance

Re:Hong Kong Property Tycoon Gave Away Children’s $400m Inhe... by masklinn on Tuesday April 23, 2019 @01:09PM (#19730626)

Also

> A graduate of the London School of Economics and Political Science, Shih said he considers himself an average Hong Kong citizen.

and

> Shih’s advice to his peers? Be realistic.

> He aims to buy a two-bedroom apartment in a middle-class neighborhood in West Kowloon

The interwebs tell me that a 2-bedroom flat in west kowloon starts around 2 million USD. I'm sure it's realistic for Shih, I doubt it's realistic for the average HK citizen.

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Re:Hong Kong Property Tycoon Gave Away Children’s $400m Inhe... by theowlrkk on Tuesday April 23, 2019 @07:08PM (#19733922)

As a Hong Kong citizen, I can tell you 2 mil is a realistic number. The prices in this city is the top 3 in the world. More expensive than San Francisco. There are no longer any housing available less than half a million except for government housing which you have to wait over a decade. Half a million will buy you an apartment the size of a normal bedroom in SF.

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