Tuesday, June 5, 2012

Lonely Planet 孤独星球 ...



Next to the KLCC twin towers are
these MYR $1,500,000 (about USD $500,000)
luxury condominiums,
while the annual household income 
for people on the streets
are maybe $30,000 - $60,000 
...
Housing prices are increasing 
maybe more then 20% or more per year
but salaries of most people have been stagnant 
for a long time, 
it is definitely going to be tougher 
for our children
...

KL Architecture ...

Apartment Building near KLCC, 
Kuala Lumpur 


17 comments:

TexWisGirl said...

makes for a great photo.

Erika said...

The same goes for us, in Italy, dear Wong!
Have a nice night.
Erika

Joop Zand said...

It's almost everywhere the same Wong.

Greetings, Joop

Rob and Mandy said...

Great photo, unfortunately I've seen the same wherever I stayed in Asia, India specially. The most luxurious and expensive house in the world, standing next to a slum in Mumbai...

Carolina Tavares said...

The future sometimes does not seem promising. But as the Chinese symbol for crisis is opportunity risk and perhaps they find a creative way.

I like the architecture of this building.

Marion said...

Hope at least some people will be able to buy...
Your question: I can certainly recommend the 70-300 mm, I use it a lot! I also love my 300mm/F4, but that one is more expensive.
Wish you lots of fun with whatever new lens!
Best regards, marion

Michelle said...

Great pattern of the windows.

Bitch said...

Your words,.... so right!!

UIFPW08 said...

It's very expensive... mmm...
Hi Wong.

Laura.M said...

Wong ... our children are going to be difficult everywhere ... here is also very bad all.
The photo is beautiful!
a hug.

Randy said...

I agree, they designed a great pattern.

cloudia charters said...

you salaries match what many in Hawaii earn. Many live on less in both places I think.



Enjoy your week!
Aloha from Honolulu
Comfort Spiral
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Traveling Hawk said...

It's on planetary scale already, Wong!

FiSh. ohFISHiee said...

its hard to buy a house in KL these days :( have to go far away from town

Latest: The Pork Way to Go

Esmeralda said...

La foto preciosa .
el texto en total acuerdo aquí pasa lo mismo.

abrazos

darlin said...

Wow, these are so expensive and with that type of a salary it's hard to even dream of owning a place. Our prices have gone up here as well, but not nearly as high as these apartments. I could buy two of my houses, or almost, for what one apartment cost so we're high, but not that high. Unreal!

Laura Delegal - Leroy Photography said...

We live along the Gulf of Mexico and several years ago, after Hurricane Katrina, the same thing was happening. No locals could afford the real estate and everyone was flipping property making huge profits. But, then the bottom fell out in 2007, which then fed the banking crisis and economic meltdown. I don't think the correction has been made yet, but that bubble always has to pop at some point.