FlyerTalk Forums - View Single Post - Ritz Carlton Kyoto, Japan [Master Thread]
Old Mar 3, 2023 | 11:46 am
  #422  
FlyingFrZ
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Originally Posted by cmhsieh54
My question has zero to do with what's strictly affordable or not.

And yes, taste and valuation obviously have subjective components. But as subjectiveness starts becoming extreme, the door opens for foolishness.

Think of it this way: Have you ever been in a supermarket and you've seen something absolutely obscenely overpriced? Yes, you can afford it, of course, no problem. But there's just a psychological component where one starts to step back and ask oneself "Am I being taken for a fool here?" That's what I'm referring to. I'm asking whether the RC Kyoto is priced for fools.
The RC is a luxury hotel in a highly desirable and expensive area. If you took the same building and plopped it in Cairo or Hanoi, it would sell for a fraction of the current price
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