- Registration time
- Last login
- Online time
- 2427 Hour
- Reading permission
teamkrejados Post time: 2016-4-21 12:20
I can understand your aggravation, but to me, it makes perfect sense to land-lease for a specific ...
I can understand your aggravation, but to me, it makes perfect sense to land-lease for a specific amount of time.
Why is a perfect senses the land lease and not private owning?
For one, 70 years is a generous allowance. If you figure that a couple might buy their house after they marry, in their 20s, having a 70-year lease supposes that they might live past age 90. If they are still alive by that time, they are usually living with their children or even grandchildren.
Very unhuman point of view.
So a person or couple should sacrifice their life working hard for a house to end their life living with the children or grandchildren. What a miserable answer.
Second: land leases prevent inheritance squabbles. With no real property to inherit, only household goods and family keepsakes are left to be divided among all the heirs. You wouldn't believe all of the ugly in-fighting families can do when it comes to money or property!
This its a very childish and silly answer, Disputes among a family will always happen and for different reasons. I don't know your background and from what country are you from but your logic and the way to expose your ideas are really poor and trying to mislead the readers just for sympathy and support for the Chinese government and it laws.
Third: as far as I know, the government can/will renew the lease provided there is no other use for that land. Prime real estate, in or near a city, would most likely have more problems renewing a lease than someone far out in the country.
Finally: as I understand it, the government pays compensation for homes torn down because the land is needed. Maybe that compensation is not much, but then, consider America: the government has the right to take your property under the imminent domain law, and you get nothing! You have to sue the government - an incredibly costly and time-consuming affair, in which you may well lose what money you have paying lawyers fees, and still get nothing.
Everything you say here is pure nonsense filler to show some knowledge on the subject but is not substantial or help to understand your views above.
Bottom line is: you have to live somewhere, and you have to pay to live there. Doing so in China is a less risky and expensive proposition than anywhere else I know of, and it comes with somewhat of a guarantee
Sure, a person should pay for living but not a another price when the time expired.
So in conclussion the Chinese government is not clear for all home buyers, must be clear to offering long term rent instead selling fake properties.
When things are clear, very clear the people are free to choose what to do and not to support people the buy a house when is not a real purchase.