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Only in China...
- Thread starter Luthier
- Start date
icard:
15 days, actually. But even 15 days - it's practically impossible.
But what is even more interesting - you can't, actually, buy any property in China - not a house, not even an apartment. They lease to you for 70 years or even less. So, after this, you have to pay again, or move out. I always laugh, when my chinese friends proudly say - I just bought a condo!!! You didn't "buy" it, dumb, you leased it for some time, you can't even leave it to your kids!!!
But what is even more interesting - you can't, actually, buy any property in China - not a house, not even an apartment. They lease to you for 70 years or even less. So, after this, you have to pay again, or move out. I always laugh, when my chinese friends proudly say - I just bought a condo!!! You didn't "buy" it, dumb, you leased it for some time, you can't even leave it to your kids!!!
It's like that in many countries. I was trying to buy a home in Baja some years ago, and they told me I was not allowed to own land because I was not born in Mexico. They would gladly do that kind of lease. I told them to beat off and die. My other option was purchasing it through my wife. But if i ever were to get divorced, i'd be SOL on that property ! No thanks.
I'm very curious on how that guy will deconstruct. I was involved in that type of project here in So Cal, where a builder went two stories higher than the FAA alllowed. It was a clusterfawk.
I'm very curious on how that guy will deconstruct. I was involved in that type of project here in So Cal, where a builder went two stories higher than the FAA alllowed. It was a clusterfawk.
True enough but you start to wonder when they, like L.A., will make an effort to improve their air. Probably when they put a total ban on repmaking, never.
Air in L.A. is about 100 times cleaner, than in Beijing. You literally, can't breath there in some areas.
Yep. I remember LA back in the late sixties and early seventies man it was awful air. Now the towns in the San Joaquin valley have the worst air in the country so they say. I feel sorry the chinese that have to breath that stuff everyday.
It's better now. But in the early 90's, you could not see the ground when you were landing. It was unbelievable.
Well I think the owner of that property had a nice thing going for himself, his own cliff in the middle of a city like Beijing. He didn't get to enjoy it that long though, I think he didn't expect this but he still wouldn't give a rat's arse.
Well, look on the bright side, you will all that fantastic scenery to enjoy particularly between Bakersfield and Fresno :huh:
If you think about it, You dont own land anywhere in the world. When you "buy" the land, that is just sort of down payment on it. Property tax is your real mortgage. And you can keep paying that tax for years but property never still be yours. So nobody actually owns the land. They are just "honest" in china. LOL.
Property tax has nothing to do with the property payment. If I bought a house - it's mine, I can leave to my kids, they can leave it to their kids, nobody, ever, would be asked to pay for this house again. I pay registration fee for every of my cars too, does it mean I don't own my cars?
You own cars ? I saw you on the 110 hitching a ride last time ? :hehehe:
I offered you a ride in my 64 Impala and you said no
When you buy a watch its yours because you don't pay on it again. House, you will keep paying on it as will your kids. Land will never be yours. You might not agree and we don't have to. It is just my opinion. If it is yours, why do that take your land away if you fail to pay taxes on it? Because it wasn't your's. You just rent it from the government and that is why you pay them every year.
Do you pay for your house over and over again? No. That was my point. You also do NOT pay for your land. You pay TAX. If you paid $600,000 for a piece of land, where your house is, do you pay same amount again? Nope. Land IS mine, because I can do whatever I want on this land. Try to modify ANYTHING you lease. Fat chance.