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Forums > Living in Kunming > Transferring money into China

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.

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This isn't a rant. It is said with a little sadness.

This development is good for Kungfu, but perhaps not so good for Buddhism. Anyone who has visited the main Shaolin Temple will have experienced Kung Fu Incorporated. Including the Kung Fu cabaret, Cirque de Soleil rip off, blatant commercialism, and overpricing. The only thing missing are the harlots and moneychangers. Call me cynical, but many Chinese visitors I have spoken to are also saddened and disappointed (with a capital D) by the culture.

Many temples are now attracting money from many sources, and the need for commercialism is not as strong as it used to be. Those temples that have not already died, seem to be more stable than before, many are renovating.

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@ James,
This is sadly the result of unrestrained capitalism.

There is nothing new under the sun. A book was recommended to me, Upton Sinclaire's 'The Jungle' about the meat industry in Chicago in 1905. Not just tainted meat, but other fake foods, tainted milk (sound familiar), exploitation of factory workers (Fox... anyone?), crime, trafficking, drugs, etc.
The jungle was a protest book, and shares common flaws with other protest books, but the parallels with life in modern China are uncanny.

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Ref. shit brew.
That is more to do with the processing, and not so much the bean.
There is a reasonable variety of different 'flavours'/roasts of Arabica beans available. Some of it really good.
Nestle seem to specialise in instant coffee. The top one is Gold Blend which is not very hard to find, probably too dear for local tastes, but a damned sight better than UCC's offerings IMHO.

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This has moved.
The cut flowers are about 700m east on Duonan Jie. The plants and trees are about 700 m west and follow Duocai Section.

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A reasonable choice of lumber that has improved over time. Fancy hardwoods like walnut, and mahogany are in abundance. There are some plywood and rubber-wood boards available. There are also some kiln dried imported softwoods and merbao available. Some of the lumber is very green, so look for the kiln dried if you need stable timbers.

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Echo everything said by others.
Breakfast great and the serve from 8am. Most other places say 9am and they still are not ready.
Sandwiches are cheap 22-32, and really packed full of filling. We got some sandwiches for a day out, the only mistake I made was ordering two, as this was too much. These are seriously good sangars, and they are wrapped in alu foil.

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In fairness to Metro, they are a wholesalers, and not really a supermarket. Hence the need for a card, which can be got around.

They have improved in the year I have been away. They now carry a more consistent range of imported foodstuffs and they also seem to have sorted out the mported milk supply.

They have a wider range of electrical appliances now, there is a coice of more than one toast. There is also a better range of seasonal non foods, like clothes, shoes, garden furniture and camping gear.