Unless you have paid tax in Kunming for 12 months you cannot get a mortgage. New regulation. Affects Chinese nationals as well.
If you already own one property in China, you cannot buy a second property in Kunming, unless you have a Kunming HuKou (Household ID, for Chinese nationals). Even with cash. New regulation.
If you already own 2 or more properties in China, you cannot buy in Kunming, even with cash. New regulation
Unless you have been resident in China for 12 months, you cannot buy property. Old regulation.
Regards real estate agents, things work differently to how they do back home. People who have property go to their local real estate agent, and this can be really local. Often 10 agents will have the same prop in the window, but only one will have the keys. There can be as many as 30 independent real estate agents in one small area.
Best way to find property is to go to the neighbourhoods where you think you could live. Have a good walk around to get a feel for the place, and look at buildings you might like to live in.
Look at local agents windows. There will always be at least one that looks more professional, possibly part of a chain. Hit these first. If you can, find an interpreter that you can trust not to try and act like an agent and try to get a commission.
Deposits vary, usually 2 months rent. You may also be expected to stump up the first 3 months rent in advance, but not always. The agent may expect a finders fee of one months rent (you pay), but this is easily negotiated down.
If you are looking to rent higher end accommodation or a house, there is a shortage of this type of property in Kunming. We tried to find 'middle class' prop of over 150m around Green Lake a few month ago. There were only 2 apartments available. We also looked for houses in the Dianchi area, only about 6, and only two were suitable.
There is a lot of empty prop around Kunming, but most of it not decorated (no kitchen, no bathroom), and of the little that is decorated many are unfurnished.
Beijing attempts to curtail "excessive" government spending
Posted byI bet the guy on the US 100 dollar bill is also spinning in his grave. But for different reasons.
Beijing attempts to curtail "excessive" government spending
Posted byAs for going after the lower level guys.
The fat cats were milking other fat cats.
It is all the little lower level guys that make life difficult for the guy on the street, and expensive for those on low incomes.
It would be nice to think of an egalitarian round up (tigers as well as flies), but most people are plagues by flies, and are unaffected by tigers.
Beijing attempts to curtail "excessive" government spending
Posted byThere are a lot of restaurants in our area. It used to be that there was congestion caused by cars parked at the side of the road. This was most nights of the week. Some places had exotic dishes and high prices.
Now the roads are clear except for festivals, and prices even a middle income family can afford.
You can draw your own conclussions.
Photos of flash flooding in Yunnan's capital
Posted byTalking of construction. One solution is to build a new town from the ground up the adequate infrastructure. This was done in Dali and oops, Chenggong. Shanghai has also built a number of satellite cities/towns.
The accumulated debris is a problem and not all of it is trash, a lot of it is leaves, twigs, and dust/dirt. Often this can not be effectively dealt with until it accumulate. You can have teams going around clearing culverts and grids, but not every bit of debri that could potentially reach the culvert.
This is a universal problem.
Photos of flash flooding in Yunnan's capital
Posted byThere is the same problem in Shanghai and Beijing, the drains are not up to coping with the heavy rains, even though they come yearly.
Urban planning is often about sprawl, without the effort to upgrade the old infrastructure. The norm is to jus connect the new drains to the old. The new drains may even have sufficient capacity, but there is a bottle neck as water reaches the old drains. Until there is the political will to dig up and replace the drains in the older parts of the city (costly and very disruptive to local residents, traffic, and business) we will continue to see occastional flooding. It used to the be same in many towns in the west.