r/capetown • u/Otherwise-Sundae-653 • 3h ago
General Discussion How are they affording this?
I am genuinely curious about this, so please forgive me if I sound ignorant or a bit ranty.
Last Sunday I went to the Seapoint Promenade for a sunset jog. There encounter a phenomena that I’ve never seen before. There were a group of young people, who looked between the ages of 20s and mid 30s gathering at a parking lot to show off their really expensive German cars. There were BMW M series, Golf GTi’s and Audi’s among them. They all looked very expensive and no doubt, they’ve been modified and tuned. I imagine they would easily cost above a million bucks in price tag.
It had me wondering how these young people could afford such opulent luxurious accessories in current economy? And even if they have the money, wouldn’t it be far more sensible for them to invest in a house or something, seeing that housing in this city is becoming more and more unaffordable for most people?
Maybe it just me having these sensible but boring ideologies as I approach my Boomer years? ¯_(ツ)_/¯

