Man Pawns Over $160,000 Worth of Jordans to Pay For Home Down Payment

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In a story out in Beijing, China, a man who has a passion for collecting Nike sneakers recently pawned 283 pairs of Jordans that took him 20 years to collect.

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According to the Legal Evening News, the 30-year-old man needed money for a down payment on an apartment before getting married (happy wife, happy life, amiright?). The man was given 1 million yuan (roughly $160,000) for his collection. The pawn shop’s owner valued the collection at 1.8 million yuan, so he has potential upside if he sells all the shoes at that value.

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Sneaker collecting has proven to be quite lucrative over the years. Last summer, 16-year-old Harlem resident Chase Reed launched the world’s first sneaker pawn shop using $30,000 he made from selling his sneaker collection as seed funding.

h/t: Shanghaiist

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