You're Getting Ripped Off

An luxury apartment sold for nearly $57 million in Hong Kong today. Fuck you poor people, and fuck your global recession!

The five-bedroom duplex suite with over 6,100 square feet was sold to an unidentified buyer from mainland China, said the developer, Henderson Land Development. It is believed to be Asia's most expensive property by square foot at nearly $9,200. Aside from an aroma spa center, fitness room, outdoor yoga gym and grand harbor views, "the new homeowner will enjoy an exclusive address in the hills of Hong Kong's main island — a majestic realm for the city who's who," according to a statement from the cocky developer. Where's the daily blowjob machine from teenagers? Or the slaves on staff that you can legally kill? I thought this was a luxury building! $57 million just doesn't go as far as it used to...

The deal comes at a time when ever-higher prices of Hong Kong real estate, benefiting from mainland China's booming market and easy money sloshing through the world financial system, are inspiring worries of a bubble in the making. That's a little overpriced to call it a bubble. That's just plain ridiculous.

The city has long had one of the world's most expensive property markets, with prices that many local residents are hard pressed to afford. And $57 million - nobody can afford that. About 47% of Hong Kong lives in publicly subsidized housing, according to government data. Several blockbuster deals in the tens of millions of dollars have made headlines of late. At 39 Conduit Road, the name and site of the building where the high-end apartment was purchased, another unit was snapped up for a mere $51 million.