|An illegal basement caused neighbouring homes to collapse|
Come to think of it, former Hong Kong chief executive contender Henry Tang Ying-yen was probably onto something when he -- oops we mean his wife -- designed a massive basement under their Kowloon Tong home to include a wine-tasting room, cinema, changing room and a gym...
That led to the beginning of the end of Tang's chances to become Hong Kong's top dog. He can comiserate with a Chinese businessman and city legislator in Beijing who got into trouble late last month when he was building an illegal basement 18 metres deep that caused his neighbours' houses to collapse.
|Henry Tang and his wife Lisa Kuo faced scrutiny|
Not only did the construction workers not have a permit, but also no project supervisor or even architectural plans. The neighbours are now homeless.
Meanwhile the anti-corruption campaign has also resulted in consumers shunning luxury brand outerwear and instead focusing on what they're wearing underneath.
The Wall Street Journal is reporting strong sales for $300 bras and other underwear. Previously people would not shell out for items others would not be able to see, but now lingerie is a hot commodity. High-end brand La Perla saw a 42 percent jump in sales last year in its stores in China, Hong Kong and Taiwan, and recently the brand opened a shop for men selling $200 silk boxers and $3,000 silk robes.
|Expensive lingerie is the new bling...|
Looks like everyone's going underground or underneath to hide their wealth -- above board or ill-gotten.
Perhaps we'll soon be seeing bras studded with diamonds, or boxers in gold thread soon?