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My Hong Kong | Better safe than sorry: that’s the thinking behind the irrational behaviour of hoarding in Hong Kong amid coronavirus outbreak
- We all like a bargain but Hongkongers are particularly gung-ho about getting their money’s worth
- Bargains are undoubtedly an everyday business in Hong Kong and bargain hunting is certainly something of a pastime here.
Reading Time:3 minutes
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I have to admit that it didn’t surprise me at all when the news broke about a run on toilet paper following a panic-shopping spree across Hong Kong earlier this month as the coronavirus outbreak continues to escalate.
Hoarding is nothing new in Hong Kong, since local residents love a bargain.
Sometimes, Hongkongers will even buy bargain items they don’t really need, except maybe the off chance.
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Plus, it also seems like good sense to buy things in case of a rainy day, so why not? It all comes down to the mindset of “better safe than sorry”; and that’s the exact thinking behind the irrational behaviour of hoarding.
To be honest, we all like a bargain but Hongkongers are particularly gung-ho about getting their money’s worth.
For many Hongkongers, the idea of saving money or paying less than somebody else is so thrilling that it’s almost as exciting as realising you have made an investment with killer returns in a short time.
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