I saw a very intersting comment on an article about the luxury cars in South Africa. What the guy was getting at is, what is the ratio between house value, car value and in our case, bike value. So I had a look at the value of my assets in relation to one another. Houses to Cars: 16:1 Houses to Bikes: 70:1 Houses to CC debt at any point in the month: 175:1 The interesting point is what people place value on, the guy was saying he lives in a complex where the houses are around R900k and there is a guy driving an X5 for around R800k and he could not understand it. So I thought it would be interesting to see what ratios normal bike pedaling South Africans have.
