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The big red


About a month ago, the above car arrived at our estate.  Perched on an elevated piece of embankment, it is all shiny and new and looks very expensive.  A quick search on the net reveals the car, a Range Rover Sport HSE LE, to be worth about 1.03 million to 1.33 million yuan.  Since the average price of an apartment in our estate is worth 650,000 to 750,000 yuan, the car must be approximately double the price of the owner’s house.  This is definitely what I call disposable income. 

Posted: 7:05 PM, 29/7/2007 in Beijing

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