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Forums > Living in Kunming > Buying Property In Kunming

@tonyaod
"There are some small consequences to consider when you put a lower sales amount. If the hold the property for 5 years or more before you sell, then it doesn't matter too much, however..."
All you need to do is sell and provide a lower sales amount on the documents.

It is not unusual here for the seller to want an net figure from the sale. As such the buyer often picks up the tax. Another reason for giving a smaller figure on the docs.
Although this is tax evasion, it is normal practice here in Kunming.

@laotou
"1. Individual purchases - Individuals may purchase multiple properties in different cities or areas. As most police databases are not linked - this is a legal blindspot - buyer beware"

As far as I am aware there has been a national land/property register in China for several years. That is why I cannot buy more property.

There is also a new regulation in Kunming, it may be rolling out from BJ, a household cannot purchase a third property any more (even for cash).
In addition, a person cannot get a mortgage in Kunming unless they have paid tax in Kunming for one year. These will cause problems for those who relocate from another city.
Firstly, from what I am told (and if I am wrong, please tell me) if you have 3 properties you will have to sell two in order to buy your new (2nd) property in Kunming.
Secondly, if you have a mortgage in another city, and you sell up, you will still need a new mortgage in Kunming, after you have paid your tax for a year.

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Such policies do go wrong. A couple of years ago, the UK head of education said something along the lines of, "Why are we spending 80% or our resources trying to pull up the 20% of students who will never achieve anything much, at the expense of the 20% who could go on to achieve a lot more". He was castigated for it, but I have to say that I tend to agree with him.

We can have centers of excellence that are based on merit, and not just on the ability to pay.

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@Philou, I saw these on the local news yesterday. Either K6 or Yunnan TV (Channel 23 and 17 on the old cable box). My Chinese is terrible, but it looks like they have penalties for not return.
Note, for those who are interested, the story will probably be on again today as they local news cycles news a lot (pun intended).

When you compare the city bikes, with the need for collection and return to designated depots, and penalties, this seems a much less user friendly option than the ride and leave models currently out there.
Here is another question, I ride one of the city's hire bikes, and when I get to the depot, there are no more available parking slots for me to deposit the bike. Then what?

Another thing, the bikes have big wheel guards (cover half the wheels) which would allow for advertising space.

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If you are interested in opting in to one of these schemes, the following may help you make a choice.

I saw, on the Yunnan news today, a news story from one of the poorer ends of town. Lots of children riding around on misappropriated OFO bikes. The locks had been removed or otherwise disabled.

OFO also have tubed tires (can puncture), and the saddles can easily be removed (because it has a quick release toggle so that it can be easily raised).

Mobike I have seen have solid tires.

I have looked at the blue bikes and Mobike and I am not sure that the saddle can be removed.
Mobike also can show you where available bikes are on the app. I was told that others cannot do that, although I stand to be corrected.

The point I am making is that OFO are the company most likely to fold first, and cause you to lose your deposit.

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And let us not forget that the old Apple stores in Kunming were not prestigious stores but fake store fronts, selling original Apple Macs and iPhones. However, the accessories may not have been genuine in the fake store. Fake goods would have been entered into stock by the owner, would be my guess.

Reviews

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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.