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As Steve Jobs’ death triggered enormous reactions from Chinese netizens, the Beijing real estate tycoon Pan Shiyi has also joined the wave by posting the following tweet on his microblog:

   @Pan Shiyi: Apple’s board of directors should make the following decision: To immediately manufacture iPhones and iPads that are under 1000 Chinese Yuan (about $157 U.S. dollar) so that more people can afford Apple products. This is the best way to commemorate Jobs.
   @潘石屹:“苹果”董事会应该马上做一决定:大量生产1000元人民币以下一部的iPhone手机和iPad,让更多(人)用上“苹果”,这是对乔布斯最好的纪念。

The following response, which focuses on China’s surging housing prices rather than Jobs’ death, has apparently caught many netizens’ attention and been widely re-posted:

   @Tang Rouding 9983: When Mr. Pan passes away some day, your company should offer homes that are under 1000 Chinese Yuan per square meter. Over a billion people will commemorate you by then.
   @唐若丁9983:潘总哪天要也去世了,也请贵公司推出1000一平米的房子吧,十几亿人民都会纪念您。

Pan soon deleted the original tweet. However, his new title, “the 1000 Pan,” has been spread all over the cyberspace. Meanwhile, a new form of currency named “Panbi,” has also been created by netizens ["bi" means money in Chinese]. According to netizens’ definition, Pan is the base unit of Panbi, and one Pan equals 1000 Yuan/sq m. Thus, an apartment home that normally costs 24,000 Yuan/sq m would only cost 24 Pan/sq m in the world of Panbi. Here, netizens have turned their frustration at China’s housing bubble into a humorous yet sarcastic joke.