Yes indeed, and item 2 was talked about a lot a few short years ago. Discussions floated around the possible need for an exit strategy/plan B if things took a turn for the worse. Things have settled down a lot since then.
This is not a direct answer to your question and slightly off topic, sorry.
Here are my observations on buying a property in China, at the moment. I am no property expert, BTW.
With rental mutlipliers now as high as they are in China, property is not something I would invest in anymore.
When I say rental multiplier, I mean the number of months rent it would take to buy an apartment. If you ignore interest payments on a mortgage, and rental inflation, the multipliers are often over 800x. For my daughter in Shanghai it would be over 1000x, and she lives in a fairly modest development.
With a multiplier of 800, it would take 66 years of rent to cover your investment. I am not sure how much of the existing housing stock will still be standing in 60 years time.
Rents are going up gradually, but property values tend not to. Property prices (of new housing stock) may increase marginally, but values of existing property do not behave in the same way. There is a surplus of supply at the moment. However, market forces do not seem to be operating normally in the Chinese property market, there have been reports published about this anomaly.
If you get caught with a property with problems, and many people have been, you cannot easily sell up and move on. Some addresses do suffer from a reputational blight.
Another consideration, if you are considering a mortgage, most new property is undecorated/not ready to move in and is usually a basic shell needing floors, celings, utilities, bathrooms, kitchens, and all plumbing to be installed. You will not get a loan for this, it needs to come out of any remaining cash that you have.
In contrast, if you rent, the property owner has already taken all of the risk and upfront expense. If you move into a place that you grow to hate, it is easy to move and find a new apartment, or even a new city to live in.
You can also leave more of your cash (possibly invested) in your home country, should an emergency repatriation be needed.
Like I said, I am not an expert. These are just my observations based on 15 years in China, as a property owner.
The forums had 'gone to shit' before, often due to 'thread-shitting', angry hostile responses, and shouting matches; which is probably why a number of regular contributors stopped posting. Perhaps one of the reasons why the up/down voting was introduced.
If I think back to the time before the up/downvote system, there was a very real reputational risk for this Website. As GoKunming is not the only Website to use up/down voting, it is reasonable to assume that the industry has found it to be an effective tool, even if some individuals really don't like it.
Our bins are also marked the same as @cloud. Then the person empties both sets of rubbish into one wheelie bin, before moving on to the next set of bins.
The only things that get separated are those of easy recycle/cash value, like cardboard and plastic bottles.
We will see what happens in October, and see what transpires with domestic waste separation in Shanghai. Businesses are easy to inspect and control, but in a qiaoqu the waste is usually a mixture from different residences; which would be difficult to monitor and control.
No results found.
Great to know it is no longer dry.
Good review BTW
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.
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.
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.
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.
New taxi placards target 'civility'
Posted byI have noticed a lot more 'black' cabs where I live. One advantage of the little guy now owning a car. They will negotiate, some are greedy just find the next one. They actually line up like a taxi rank where I live.
Kunming reservoir levels rising, officials remain cautious
Posted byEnough water for 9 months.
China's diabetes rate passes 11 percent
Posted byI agree that the problem is related to the moving away from the Paleao diet. The big shift seems to be more meat (they love high fat cuts), more oil, more noodles, and perhaps more than anything more rice.
Western fast foods, do not exist in my wife's hometown, diabetes, is a major problem there too. The people are also more active than I see in Kuming. The key change in their life has been more affluence.
The population is eating a lot more food generally than they did before. Blaming obesity on western fast food is easy, but I am not sure there is solid causality. Western fast-foods arrived arrived at the same time as more affluence.
The affluence coincided with more processed foods (a western style diet, but not fast foods, or western corporations). Perhaps it would be fairer to call this a developed countries bad diet.
In the supermarket we can see how much store space is dedicated to high fat,high sugar, snacks. These are mostly home market products. Some of the local drinks are much more prevalent than Coke, and have more sugar in them. For the supermarket it is a no brainer what to give shelf space to, as these foods all have high profit margins.
Buying oil and meat used to be a luxury. Now everyone can afford much larger portions, and more frequent consumption of both. My mother in law will admit to consuming more meat in some meals now than she used to get in a month. In the past her main source of oil was rendered animal fats, vegetable oil was store bought and rare.
I see my kids in school. Half of them have parents who understand nutrition, and the kids are consuming a Paleo diet. The other half consume a lot of high carb snacks between meals and eat huge portions of rice and oily foods at the canteen. WangLaoJi is seen as a semi-medicinal stimulant.
Or could draw a correlation between student diet and performance, but that would be unreliable as the kids on a healthy diet have parents who seem to make better choices generally. The educational attitude may also reflect the family values.
China's diabetes rate passes 11 percent
Posted byYes, when I first came to China 10 years ago I would maybe see one morbidly obese person, usually a pre-teen, about once per month. Now I see many more daily, and I also see more morbidly obese adults. You can't blame this all on western fast food.
I will use about 5 ltr of oil per year, mostly for baking bread, and less than 1 ltr for frying food. I see a neighbor coming home from the supermarket with that much every week.
People also think Asians are skinny because they eat rice. But rice is a simple carb. Lots of rice leads to fat. Add to that all the oil and sugar.
As for sedentary life, it is a problem, but 11% of the popn. do not live a sedentary life.
Metro Line 1 begins passenger trial period
Posted byYankee
They were waiting until you moved to open the bit up BJ Lu.
;-)