The next time you're lamenting over real estate prices where you live, consider this: somebody in Hong Kong reportedly set a record [1] by paying the equivalent of $664,000 for a single 188-square-foot parking space. According to local reports, the first-floor parking space is located in a luxury apartment complex near the region's harbor. Understandably, social media was filled with dramatic reactions to the news; even in pricey markets, dropping six figures for a parking spot is wild.

Someone spent $664,000 for a parking space in Hong Kong. Where I live, this is the kind of house you can have for that same amount of money. pic.twitter.com/BHNkfxUErZ [2]

— Breanda Newell (@Breanda_Newell) June 14, 2017 [3]

So someone paid $664,000 for a Hong Kong parking space. I take it they got a free Ferrari worth $663,000.00 with that😂

— Stephen Moody (@stephen_390) June 14, 2017 [4]

I can barely afford to put gas in my car half the time but someone in Hong Kong spent $665,000 on a parking space...

— ცąცყ ῳɛ'ཞɛ ℘ɛཞƒɛƈɬ (@1D5sosCrazy) June 14, 2017 [5]

Let's just hope that the owner of the parking space doesn't have to sell their car after spending so much to park it! We'll be over here counting our blessings for $2 parking meters and public transportation.