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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.26+0.5%4:00 PM EST

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To: Riskmgmt who wrote (94827)9/20/2012 6:07:03 PM
From: Maurice Winn1 Recommendation  Read Replies (1) of 218916
 
That's reminiscent of The Japanese emperor's tennis court being worth as much as New Zealand with the palace being worth the same as New York state [or whatever the ratios were in 1989]: <Luxury Residential Prices
Hong Kong $2,783 sq ft
Singapore $2,159 sq ft
Beijing $899 sq ft Source CBRE

In my local market some former Luxury residences in very good areas sold for as little as $100 a sq ft.
>

Choosing a nice place to live, part time, while it's winter in NZ, I think I'd opt for Florida, though I have never been there. I could get a house, with one of Will Smith's $100,000 cars that everyone has there in the shed, a bullet proof jacket and helmet, and put money aside to travel first class for 30 years in an A380 to my holiday house, and it would be half the price of Beijing, and a small fraction of a Hong Kong room with a view.

Mqurice
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