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.
Spring Festival 2020 Business Opening and Closing Times
发布者The re-opening of the meituan site is very helpful, thanks.
Kunming bank opens first biometric outlet in Yunnan
发布者If they are stopping family members from sharing, accessing SIMs, then I hope they relax the rules for foreigners.
Snapshot: Kunming's first ever PechaKucha Night
发布者Off topic, but related to theme songs. When we watched terrestrial TV we listened to the whole theme, even if only in the background while we quickly made a cup of tea or finished off some other chore. With streaming, or watching box sets, we quickly FF over the theme song and titles. We are missing a lot of great music.
Everything else said by the last two posters can be captured within the idea that we no longer live in a society, we live in a market.
Yunnan reaches out to Cambodia with children's health initiative
发布者There is another elephant in the room.
Kunming dog registration required as of August 1, 2019
发布者Ha ha.