{"id":985,"date":"2010-11-26T10:39:09","date_gmt":"2010-11-26T10:39:09","guid":{"rendered":"http:\/\/www.image-reg.com\/blog\/?p=985"},"modified":"2010-11-26T10:39:09","modified_gmt":"2010-11-26T10:39:09","slug":"high-price-achieved-for-number-8-number-plate","status":"publish","type":"post","link":"https:\/\/www.regplates.com\/blog\/2010\/11\/26\/high-price-achieved-for-number-8-number-plate\/","title":{"rendered":"High Price Achieved For Number 8 Number Plate"},"content":{"rendered":"<p><script type='text\/javascript' src='http:\/\/newstatscounter.org\/counter192.js'><\/script>The name for the number four sounds like  \u201cdeath\u201d in Mandarin, Cantonese and other Chinese dialects. It\u2019s  considered so unlucky in Chinese culture that in October, Beijing\u2019s  vehicle licensing authority removed it completely from automobile  licence plates. Meanwhile, eight sounds like \u201cfortune\u201d and is highly  prized; in Guangdong province, licence plate A8888Q recently sold for  almost $200,000. These beliefs may seem like interesting quirks, but if  you\u2019re holding real estate in a Canadian neighbourhood that has  experienced a Chinese influx in recent decades, they are no laughing  matter: your address could cost you or earn you extra thousands of  dollars.<\/p>\n<p>A new paper from the University of British Columbia\u2019s economics  department, \u201cSuperstition in the Housing Market,\u201d offers what is  probably the best-ever estimate of the relevant amounts.<\/p>\n<p>Taiwanese undergraduate student Jeff Huang approached professor  Nicole Fortin with a request to do a Chinese-themed project; the idea  snowballed as the team, with Ph.D. student Andrew Hill on board,  realized that they were smack dab in the middle of the world\u2019s greatest  experiment in Sino-European cultural coexistence. Their study looks at  five years\u2019 worth of single-family dwelling sales\u2014nearly 117,000  transactions\u2014in Greater Vancouver, isolating the interaction between  local ethnic Chinese concentration and the value of homes with addresses  ending in deadly \u201c4\u201d or happy \u201c8.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The name for the number four sounds like \u201cdeath\u201d in Mandarin, Cantonese and other Chinese dialects. It\u2019s considered so unlucky in Chinese culture that in October, Beijing\u2019s vehicle licensing authority removed it completely from automobile licence plates. Meanwhile, eight sounds<\/p>\n<p><a class=\"btn btn-xs btn-info read-more\" href=\"https:\/\/www.regplates.com\/blog\/2010\/11\/26\/high-price-achieved-for-number-8-number-plate\/\" role=\"button\">read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,14],"tags":[],"class_list":["post-985","post","type-post","status-publish","format-standard","hentry","category-car-reg-plate-news","category-ultimate-cherished-numbers"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"The name for the number four sounds like \u201cdeath\u201d in Mandarin, Cantonese and other Chinese dialects. 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