See how the rich in Shanghai spend money wildly
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$1 million for a dog? Actually, it would have been $1.5 million if the owner hadn’t turned down the offer. And what about $20,000 just to get into a party? Yes, the year-end lists keep coming, and this one deals with all the crazy ways people in China spend their wealth. Shanghai appears twice on the list released by Plush: “China’s top 10 most expensive items in 2009.” If we’re talking about wealth on the scale of Scrooge McDuck, then real estate must play a key role in that. The current record holder for the most expensive apartment in the city is a luxurious property of nearly 600 square meters in the Tomson Riviera complex. It was sold in November for RMB 96.09 million, which translates to RMB 160,848 per square meter. This price represents a 13% increase compared to the price of a similar apartment sold in February 2007, which held the previous record. It’s not surprising, given such real estate news in 2009, that authorities are trying to cool down the market in 2010. Still, property prices continue to rise, giving Shanghai a good chance of topping Hurun Report’s “Rich List” in 2010 (it lost that position to Beijing in 2009). Shanghai appears on Plush’s list once more thanks to apples. In early 2009, a supermarket in Shanghai sold apples imported from Japan at RMB 2,009 each. How do you like those apples? Sorry, we couldn’t help ourselves. What! ? One million dollars for a dog? ——Well, actually, if there’s no bargaining, it’s 1.5 million dollars. Besides, what’s wrong with spending 20,000 dollars on a party? That’s right; it was such crazy things that kept happening last year – China’s rich people were spending money in ways that bordered on madness. As a result, Shanghai made it onto the list of “China’s 10 Most Expensive Things in 09” on two occasions. If you want to talk about a miserly lifestyle, real estate is definitely an aspect that cannot be ignored. The record for the most expensive mansion in the city is still held by the legendary 600-square-meter apartment at Tangshen Yipin. It was sold last November for 96 million – almost 160,000 per square meter. This transaction broke the record for the most expensive mansion to date, and it was also 13% higher than the price of a similar property sold in February 2007. After such shocking events, it’s no wonder that **every effort was made in 2010 to control housing prices. The skyrocketing housing prices also pushed Shanghai to the top of Hurun Rich List (China’s Forbes) as the most luxurious city in the country – last year, Shanghai was surpassed by Beijing. What else made it onto Shanghai’s wealth list? Apples. Yes, at the beginning of 2009, Japanese-imported apples sold in a supermarket in Shanghai were priced at an exorbitant amount of 2,009 yuan per piece. Do you like these apples? Sorry, we don’t know what it tastes like either! Reposted from Hai Ci Happy English, for sharing among Hai friends
**It is right to have such consumption concepts and areas; they represent a channel for the reallocation of societal wealth. **If utilized properly, this is a positive development. Given that most wealthy people in China are still unable to use their wealth to benefit the general public, it would be better for them to spend large amounts of money in exchange for a semblance of social respect and recognition.
2nd floor, your way of thinking is really clever
Hatred toward the rich is an unhealthy and incorrect attitude; guiding the rich to channel their wealth into the benefit of ordinary people is the path to harmony.
China’s rich should learn from the ancients on how to use their wealth.
China’s rich people earn a fortune, spend a fortune, but are stingy when it comes to giving donations! Foreign billionaires make tons of money and donate heavily, yet they are very stingy with their own spending!
The wealth gap is too large, which leads to greater chaos in society
Countries are different; in Europe and the United States, those wealthy people have built their fortunes through their own efforts, which is why they value the wealth they have created. As for the wealthy people in our country, sometimes their wealth comes easily to them, so they don’t cherish it as much. If we were to look at the stories of how some of these wealthy people became rich, there would be many dark aspects to see, as well as numerous instances of breaking laws and regulations
Are wealthy people abroad frugal in their lifestyle? ? Don’t be silly – out of 100,000 wealthy people, only a very small number donate money. Only fools would give away the money they’ve earned through hard work. The reason you know about those who donate is because it’s being reported; the vast majority don’t report it. . . . The extravagance of wealthy foreigners is far beyond what people in this country can imagine. Don’t be misled by some one-sided reports. . .
Speaking of this, I still have to support Brother Chen Guangbiao. Brother Biao, I’m here to back you up