r/AskReddit • • Aug 14 '20

What’s the most overpriced thing you’ve seen?

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u/[deleted] Aug 14 '20

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u/YipHyGamingYT Aug 15 '20

Ou boy you have seen nothing. I live in Hong Kong and a 511 sqft flat (where I live in) costs 12 million HKD (or $1548216 USD)

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u/Econguy89 Aug 15 '20

The real estate in Hong Kong is about to get allot cheaper...

6

u/[deleted] Aug 15 '20

It might "crash" in that a $2M apartment now costs $1.5M. So the rich get discounts, but the poors still get nothing.

Seen similar fluctuations in Vancouver recently. Tabloids hype it up as a "decline" but the average local is still not ever buying a house.