Don Posted September 14, 2008 Report Share Posted September 14, 2008 Laopo owns a house in the tiny Hunan village she is from (pop. 1.5 million)... She was working for one of those long gone government entities that provided a house for employees and when the whole shebang went private, employees were able to buy their house for very little. It was old and small and it shared an undividable entrance with the next "house". She had been renting it out ever since for the princely sum of 200 RMB/month. It did sit on very prime real estate however being right next to a river and about two blocks from the main city intersection. There were a series of these buildings and she was sure that some day a developer would come along and bulldoze the places and build new and she would get a house in the new development as compensation... I was never sure... Were property rights strong enough in China to force that??? Yes, of course, as always she was right and I was wrong... She found out recently that the old complex will be razed. She will receive a 60 m2 "credit" on a new house for her old one which was only 50 m2. She will be paid 1000 RMB for "moving expenses" and 500 RMB/month for "living expenses" while the new buildings are being put up. If all of that was not enough she also can buy a house of any size using the 60 m2 credit and paying only the builder's ACTUAL COST for whatever new house she wishes. The new buildings will be 30 stories with the first 8 floors being commercial space and the rest apartments...Do I even need to mention we will be buying the largest, highest up apartment available??? And what of the renters??? It seems that renters rights are ZERO... Recently there has been some interest in buying hotel rooms in China by our members. For those planning on only being there part of the year it could make sense. We explored it and I did not think it was such a good deal. For starters do you suppose that the hotel developers are selling these rooms in their new hotel so that the room owners can make money??? If you were building a hotel with it's much larger public spaces than a residential building who would you stick with more of those costs??? Yourself or the room owners??? How about the monthly maintenace costs for upkeep??? Yourself or the room owners??? How about when it comes to renting out rooms...Whose would you rent out first??? Yours or the room owners' ones??? And my final issue would be that I just don't want to live in a hotel room. In most cases you are not allowed to customize your space in any way or leave behind personal belongings. Life out of a suitcase is fine for traveling but not for our home... We have the same type of deal, but ours is still in the planning stages. The developer has started to set up the deal, but it has not been finalized. We knew when she moved here that it might happen. Part of the advantage is the governement agency that started the whole process. The developers and local officals often do not want to anger the party people that might be part of the old company or government office, so the deal goes thru with good benefits to the current owners. I wonder if the deal did not have government backing or orginal government office behind it how many benefits the current owerns would get. We know our building will do well, since local governemtn office is very strong. She should get top dollar for the place. Plus, the change in ownership should clean up some of the deed issues. the current government offices stills control one part of the deed. We hope to do well and maybe sell her old - new house. Link to comment
SheLikesME? Posted September 14, 2008 Report Share Posted September 14, 2008 (edited) Hey uncle Roggie Uncle Roggie!!! Did you see this? http://candleforlove.com/forums/index.php?showtopic=32773 No little sister I never saw that... And I WOULD NOT advise you to go to that forum anymore... There are a lot of bad boys who hang out there... Just look at the sullen smugness. Keep drifting back into modshipism eh? Well, politics are fine until you get bored with it. Been there, done that. When your ready to join the rest of us are are outside playing. So what? It took you till 60 to get over being 12? Well I grew up once. Didn't like it. But we did buy the best mpg car for the criteria my wife had. Got to keep Lil Rock green you know. If you didn't buy a hybrid from the best auto manufacturer on the planet (HONDA)... I don't need to hear about it... It all gets down to cost and what we/she was willing to gamble on future cost. Honda was the front runner all along, but the return on lower fuel cost vs. the initial price was not worth it. Plus the risk of costly repairs worried her on the hybrid. So the gas civic was her first choice due to cost but didn't want a car that small, since both of us are tall/big and plan on long trips in the thing. So her compromise was a car that beat the Accord in city mpg and a little better on the highway too. Kind of a large Civic the Altima is. But don't read this Roggie We plan on a hybrid or alternative drive in the future after you guys play ginnie pig on getting the bugs out and letting us know the total ownership cost. It is the same with me and new passenger jets. I ain't flying on the 787 when she first comes out. I'll wait 5 years or so. But put me in a new experimental race car and let me fly around in the thing balls to the wall and RISK IT ALL and I will do it. Death is worth it, in that case, but not a boring airplane. Other than all of that I wonder if my wifes place will actually sell in Beijing, for what she wants. She does not want to remodel due to renters trashing the place. Edited September 14, 2008 by SheLikesME? (see edit history) Link to comment
rogerluli Posted September 14, 2008 Author Report Share Posted September 14, 2008 Hey uncle Roggie Uncle Roggie!!! Did you see this? http://candleforlove.com/forums/index.php?showtopic=32773 No little sister I never saw that... And I WOULD NOT advise you to go to that forum anymore... There are a lot of bad boys who hang out there... Just look at the sullen smugness. Keep drifting back into modshipism eh? Well, politics are fine until you get bored with it. Been there, done that. When your ready to join the rest of us are are outside playing. So what? It took you till 60 to get over being 12? Well I grew up once. Didn't like it. But we did buy the best mpg car for the criteria my wife had. Got to keep Lil Rock green you know. If you didn't buy a hybrid from the best auto manufacturer on the planet (HONDA)... I don't need to hear about it... It all gets down to cost and what we/she was willing to gamble on future cost. Honda was the front runner all along, but the return on lower fuel cost vs. the initial price was not worth it. Plus the risk of costly repairs worried her on the hybrid. So the gas civic was her first choice due to cost but didn't want a car that small, since both of us are tall/big and plan on long trips in the thing. So her compromise was a car that beat the Accord in city mpg and a little better on the highway too. Kind of a large Civic the Altima is. But don't read this Roggie We plan on a hybrid or alternative drive in the future after you guys play ginnie pig on getting the bugs out and letting us know the total ownership cost. It is the same with me and new passenger jets. I ain't flying on the 787 when she first comes out. I'll wait 5 years or so. But put me in a new experimental race car and let me fly around in the thing balls to the wall and RISK IT ALL and I will do it. Death is worth it, in that case, but not a boring airplane. I've got 82K on the Hybrid Dougie with ZERO issues...Once again I will reiterate... If there is one manufacturer on the planet that you can depend on to get it right the first time...HONDA...nuff' said... Link to comment
SheLikesME? Posted September 14, 2008 Report Share Posted September 14, 2008 Hey uncle Roggie Uncle Roggie!!! Did you see this? http://candleforlove.com/forums/index.php?showtopic=32773 No little sister I never saw that... And I WOULD NOT advise you to go to that forum anymore... There are a lot of bad boys who hang out there... Just look at the sullen smugness. Keep drifting back into modshipism eh? Well, politics are fine until you get bored with it. Been there, done that. When your ready to join the rest of us are are outside playing. So what? It took you till 60 to get over being 12? Well I grew up once. Didn't like it. But we did buy the best mpg car for the criteria my wife had. Got to keep Lil Rock green you know. If you didn't buy a hybrid from the best auto manufacturer on the planet (HONDA)... I don't need to hear about it... It all gets down to cost and what we/she was willing to gamble on future cost. Honda was the front runner all along, but the return on lower fuel cost vs. the initial price was not worth it. Plus the risk of costly repairs worried her on the hybrid. So the gas civic was her first choice due to cost but didn't want a car that small, since both of us are tall/big and plan on long trips in the thing. So her compromise was a car that beat the Accord in city mpg and a little better on the highway too. Kind of a large Civic the Altima is. But don't read this Roggie We plan on a hybrid or alternative drive in the future after you guys play ginnie pig on getting the bugs out and letting us know the total ownership cost. It is the same with me and new passenger jets. I ain't flying on the 787 when she first comes out. I'll wait 5 years or so. But put me in a new experimental race car and let me fly around in the thing balls to the wall and RISK IT ALL and I will do it. Death is worth it, in that case, but not a boring airplane. I've got 82K on the Hybrid Dougie with ZERO issues...Once again I will reiterate... If there is one manufacturer on the planet that you can depend on to get it right the first time...HONDA...nuff' said... Let me know when you hit over 100K. Link to comment
Urkidding Posted September 14, 2008 Report Share Posted September 14, 2008 Hey uncle Roggie Uncle Roggie!!! Did you see this? http://candleforlove.com/forums/index.php?showtopic=32773 No little sister I never saw that... And I WOULD NOT advise you to go to that forum anymore... There are a lot of bad boys who hang out there... Just look at the sullen smugness. Keep drifting back into modshipism eh? Well, politics are fine until you get bored with it. Been there, done that. When your ready to join the rest of us are are outside playing. So what? It took you till 60 to get over being 12? Well I grew up once. Didn't like it. But we did buy the best mpg car for the criteria my wife had. Got to keep Lil Rock green you know. If you didn't buy a hybrid from the best auto manufacturer on the planet (HONDA)... I don't need to hear about it... It all gets down to cost and what we/she was willing to gamble on future cost. Honda was the front runner all along, but the return on lower fuel cost vs. the initial price was not worth it. Plus the risk of costly repairs worried her on the hybrid. So the gas civic was her first choice due to cost but didn't want a car that small, since both of us are tall/big and plan on long trips in the thing. So her compromise was a car that beat the Accord in city mpg and a little better on the highway too. Kind of a large Civic the Altima is. But don't read this Roggie We plan on a hybrid or alternative drive in the future after you guys play ginnie pig on getting the bugs out and letting us know the total ownership cost. It is the same with me and new passenger jets. I ain't flying on the 787 when she first comes out. I'll wait 5 years or so. But put me in a new experimental race car and let me fly around in the thing balls to the wall and RISK IT ALL and I will do it. Death is worth it, in that case, but not a boring airplane. I've got 82K on the Hybrid Dougie with ZERO issues...Once again I will reiterate... If there is one manufacturer on the planet that you can depend on to get it right the first time...HONDA...nuff' said... Roggie Right DOugie... can't beat a Honda.... Now go out and buy one... so my stock will go up! Link to comment
rogerluli Posted September 28, 2008 Author Report Share Posted September 28, 2008 http://www.chinadaily.com.cn/bizchina/2008...ent_7066745.htm This article forecasts housing price drops of up to 50% over the next 10 years... for China's way overpriced large and mid-size cities... Sure glad we bought in small, cheap places... I've also seen a survey that over the next year only 19% of Chinese are planning on buying a house...The lowest level since 1999...Of course 19% of 1.3 billion is only around 250 million... I think there's no question that times are going to get tougher in the property market and for those of you sitting on the fence to buy a place you'll want to keep an eye out and your powder dry... Link to comment
rogerluli Posted October 2, 2008 Author Report Share Posted October 2, 2008 Laopo informs me... that the government is giving serious consideration to allowing rural folk to sell "their land"... I know, I know the government actually owns all the land in China so how is this possible??? :blink:Details at 11:00... So it may be possible to buy that 5 hectares out in the middle of nowhere and start up... B) THE CANDLE EAST GOAT RANCH AND RETIREMENT HAVEN... Link to comment
Guest Rob & Jin Posted October 2, 2008 Report Share Posted October 2, 2008 Laopo informs me... that the government is giving serious consideration to allowing rural folk to sell "their land"... I know, I know the government actually owns all the land in China so how is this possible??? :blink:Details at 11:00... So it may be possible to buy that 5 hectares out in the middle of nowhere and start up... B) THE CANDLE EAST GOAT RANCH AND RETIREMENT HAVEN... In yunnan villages the people still own the land, so Jin informs me . Link to comment
rogerluli Posted October 2, 2008 Author Report Share Posted October 2, 2008 Laopo informs me... that the government is giving serious consideration to allowing rural folk to sell "their land"... B) I know, I know the government actually owns all the land in China so how is this possible??? :blink:Details at 11:00... So it may be possible to buy that 5 hectares out in the middle of nowhere and start up... B) THE CANDLE EAST GOAT RANCH AND RETIREMENT HAVEN... In yunnan villages the people still own the land, so Jin informs me . Here we go again... Link to comment
rogerluli Posted October 5, 2008 Author Report Share Posted October 5, 2008 Laopo informs me... that the government is giving serious consideration to allowing rural folk to sell "their land"... I know, I know the government actually owns all the land in China so how is this possible??? :blink:Details at 11:00... So it may be possible to buy that 5 hectares out in the middle of nowhere and start up... B) THE CANDLE EAST GOAT RANCH AND RETIREMENT HAVEN... As uual my wife knows what she's talking about... http://www.taiwannews.com.tw/etn/news_cont...e_rss=WORLD_eng Link to comment
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