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70 Year rental for Sale   [Copy link] 中文

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Post time 2013-9-23 12:24:43 |Display all floors
This post was edited by BoMiller at 2013-9-23 12:28

Your Parents just spent their life savings to buy an apartment space for 70 years where you can live---but the building really only has a 40-50 lifespan.

No...... wait that isn't right ---the 70 year Lease starts when the builder obtained permission to build---so it could be much less..

I---uh...Oh---no wait---land cannot be bought in china--it can be leased or long term rental------ for UP TO 70 years which then reverts back to Bejing

Ooh--wait---if you are a farmer the land is contiguous as long as the land is worked and produces agricultural products---OH-- and the descendants occupy a primary domicile on the same assigned property.

Since Beijing owns all the land --they sell it--oops! lease it to a builder for up to 70 years---the builder pays Beijing for the rights to build housing--constructs buildings which are acutally only meant to be occupied for 40 years---who then sells the rights to live in a designated area for a huge sum of money...which in acutality in 40-50 years will be demolished---(just when the 70 year lease is set to expire) becuase it is not deemed habital in the year 2050.

All rights to that little space (Property) under current law---is gone--and the land reverts back to Bejing.

This of course will be redefined by Beijing but it will be another 3 political generations before a desperate need to re-understand the laws of property ownership--oops--leasing--which really is long term renting..So the proper term is LONG TERM RENTAL---
That is if you a national identification card--if you have a passport the rules are different and if you try an sell your rental to anyone else the paper work ballet, Beijing Style, has just begun which can be as entertaining and hard on the ears as Beijing Opera.

I think I got that right.

Beijingalism--where profits come first.

PS--this is meant to look at a serious situation with humour and candor. When the time is right--beijing will have the answers...but the biggest question is--what will happen to the skyscaper buildings growing like weeds in a poppy field thoughout the cities of china today when they start falling down in 40-50 years and become inhabitable---the Property Company is long gone and Beijing is left holdong the bag........well --as landlords ...they are ultimately responsible for the care of the property.


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Post time 2013-9-24 09:55:11 |Display all floors
Aww... so cute. You are on a rant for your capitalist masters who want to own everything.
Relax little stooge. Your capitalist masters do own everything in the west but China is off limits.
Now go cry in your beer somewhere else.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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Post time 2013-9-24 12:04:42 |Display all floors
This post was edited by exportedkiwi at 2013-9-24 12:06
robert237 Post time: 2013-9-24 09:55
Aww... so cute. You are on a rant for your capitalist masters who want to own everything.
Relax litt ...

But he IS correct robbo. One cannot really "own" property in China!I can't see how that can be a "dig" against Beijing, especially when it's the truth.

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Post time 2013-9-24 13:56:48 |Display all floors
exportedkiwi Post time: 2013-9-23 20:04
But he IS correct robbo. One cannot really "own" property in China!I can't see how that can be a "d ...

That's the way socialism and communism works. People should not be allowed to own property.
Otherwise it all ends up concentrated to a few ruthless capitalists.
Master/slave, Obscenely rich, it's all part of capitalism. A system based only on greed and subjugation.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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Post time 2013-9-24 14:20:52 |Display all floors
robert237 Post time: 2013-9-24 09:55
Aww... so cute. You are on a rant for your capitalist masters who want to own everything.
Relax litt ...
Aww... so cute. You are on a rant for your capitalist masters who want to own everything.


When a person BUYS  something that somebody SELLS, the buyer is the owner. Hard to understand that?

Robert why are you so dumb?
Denial, according the psychoanalysts, is one of the most primary mechanisms of defense. It consists in the attitude of denying or minimizing obvious facts of reality with which the individual can´t  cope or whose irresponsibility is unable to meet.

And I agree.

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Post time 2013-9-24 15:01:43 |Display all floors
robert237 Post time: 2013-9-24 13:56
That's the way socialism and communism works. People should not be allowed to own property.
Otherw ...

That's the way socialism and communism works. People should not be allowed to own property.

So the construction companies make buildings with none profits
just do it in the name of the communism, isn´t it?


Otherwise it all ends up concentrated to a few ruthless capitalists.

Right, like the communist Wang Jainlin and his ¨little¨ Wanda Group, isn´t it?


Master/slave, Obscenely rich, it's all part of capitalism. A system based only on greed and subjugation.

Now is talking your inner dumbness again. If you feel a slave of capitalism, why you still living in the United States dear  Robertito?

Optional question
Why you are so dumb?



Denial, according the psychoanalysts, is one of the most primary mechanisms of defense. It consists in the attitude of denying or minimizing obvious facts of reality with which the individual can´t  cope or whose irresponsibility is unable to meet.

And I agree.

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Post time 2013-9-24 15:11:07 |Display all floors
robert237 Post time: 2013-9-24 13:56
That's the way socialism and communism works. People should not be allowed to own property.
Otherw ...

That being the case why does the Government sell the land leases at such high prices? Surely it should give the land use for free according to your Eutopian ideals.

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