Just to be clear, in case someone comes to this thread on page 3 and draws the wrong conclusion about the rental multiplier. The rental multiplier does not set the property value. It is just a crude indicator to the level of property prices, i.e. overpriced (bubble) or under priced (depressed). I have heard figures of 200-300x being used to describe a sensible level, but that is of course subjective. I have only heard it used in this way, for the domestic property market.
As for leasing values of commercial property, that is a totally different market. People buy commercial property with the aim to earn/rent it out usually, and not as an investment. About 5 years ago we were quoted commercial property rents in Kunming (not in prime locations) that were higher than they were in comparable districts (not prime locations) in Shanghai. I cannot suggest reasons for this particular form of madness, except just dumb avarice.
Documentary Under the Dome captivates China
发布者The fact that there appears to have been no censorship. Coupled with the timing, just as the NPC CPPCC meeting opens and the environment is on the agenda. To me suggest that the launch of the video may have been stage managed. Perhaps as a litmus test to public reaction/support for major changes in the way the environment is managed.
Because if there is a major shift it could possibly have a big economic impact that would affect the people who have become accustomed to economic growth (suggested by some pundits as major mandate for the political status quo).
I don't think it is a case about western media promoting this video. The sheer number of hits and public response in China IS newsworthy.
If you think there is no precedent for step changes in policy that shake up the system, you just need to look at the 'tigers and flies' campaign that everyone thought would be merely cosmetic. 100 000 and counting.
England's Prince William in China, to visit Yunnan
发布者The Hunting Act 2004 is nothing to do with hunting with guns.
It is about hunting mammals with dogs. Hunting with dogs means that the dogs chase the hunted animal until either it escapes, or the pack of dogs catches it and kills it. If you have ever seen pack animals kill prey, you will understand why the law was passed.
The law has nothing to do with protecting foxes. Foxes, rabbits, deer, and some other mammals' populations need to be controlled. Shooting is a more humane way of killing them.
England's Prince William in China, to visit Yunnan
发布者As far as I am aware, shooting foxes was never banned.
England's Prince William in China, to visit Yunnan
发布者Good gig but comes with a lot of responsibility, and as heir he has to mostly keep his opinions to himself. Limited freedom of speech. There are also a lot of royal engagements.
Now Fuerdi, that is a good gig. And there is no shortage of them.
England's Prince William in China, to visit Yunnan
发布者Taking everyone else's ivory, but protecting ones own.
NIMBY Not In My Back Yard.