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.
Heavy rains wreak havoc around Yunnan
发布者Not sure if the question is serious, but here is a serious attempt at an answer.
In the last month or so we have had a lot of rain over a prolonger period, and it has helped a lot. But there has been a 4 year deficit of rainfall vs water use. This has depleted water stocks.
Water stocks consist of rivers and lakes, reservoirs, and most importantly ground water. To replenish the stocks there needs to be rain over a prolonged period. Long periods of consistent light rain are far better at replenishing water sources than heavy rain over short periods.
Shorter periods of heavy rain increase surface water. In urban areas, the concrete buildings and roads prevent the rain water from going into the ground and you get floods and most of this runs off into water courses.
In non-urban areas the surface water can run over the ground with only a small percentage actually soaking in. There is also run off to water courses, flash floods etc.
Water courses, including rivers and many shallow lakes don't really store the extra water, it just runs through.
Where there are deeper lakes and reservoirs water is stored, but this is only a small part of the water reserves.
It takes time for water to permeate the deep ground to replenish aquifers.
Not a perfect answer, I know.
Li Ping fundraiser
发布者Sad news.
I echo everything @Adrian said.
Governor: Provincial highway bathrooms China's worst
发布者Same as beans
Cruciferous vegetables.
Good for the heart,
The more you eat,
the more you......
Governor: Provincial highway bathrooms China's worst
发布者As a demi-tarian, I must confess that I do seem to fart more on my veggie days.
Governor: Provincial highway bathrooms China's worst
发布者Visited one just over the border in Guizhou. The pans had not been flushed and there were piles of poop. There was a matong (a sitter shiter) but it was smashed, like have the bowl was gone and jagged edges. No seat (obviously) and it had been used. Build up of green gunk on the porcelain suggest a time lag since any real cleaning had been done.
I think the governer will be regretting his off hand remark, not realising it would go on record.
What ever happened to the 2 flies rule?