Where Have You Just Been?

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Tripps
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Re: Where Have You Just Been?

Post by Tripps » 21 Sep 2019, 18:10

I must say I'm surprised to hear that. Is there much of a buy to let market there? I guess I just assumed all the enormous blocks of flats were state owned. There's a lot of business in the other direction - plenty of Chinese buyers for flats in Cambridge. :smile:
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Re: Where Have You Just Been?

Post by chinatyke » 22 Sep 2019, 00:36

House (mainly apartments) ownership in China is very high with 90% (official figure!) of families owning their own property, one of the highest rates in the World. Ownership is regarded as being important to give you mianzi - "face". There is also a thriving rental market because property prices have soared in cities and it makes economic sense to rent.

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Re: Where Have You Just Been?

Post by Stanley » 22 Sep 2019, 01:55

That figure surprised me as well. Surely the 90% must refer to some landlords as well?
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Re: Where Have You Just Been?

Post by chinatyke » 22 Sep 2019, 02:34

Stanley wrote:
22 Sep 2019, 01:55
That figure surprised me as well. Surely the 90% must refer to some landlords as well?
I would guess so. We have 3 apartments so people like us must skew the figures. The government figure is 90.0% and hasn't changed for a few years which is highly suspicious. Home ownership is almost 100% in rural areas but this includes self built houses which are best described as hovels and are really unfit for habitation. These links tell a slightly different story:

http://www.jllapsites.com/research/char ... -in-china/

https://www.worldatlas.com/articles/cou ... rates.html

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Re: Where Have You Just Been?

Post by Stanley » 22 Sep 2019, 03:51

That fits China.....
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Re: Where Have You Just Been?

Post by Tripps » 22 Sep 2019, 11:26

Thanks for the info - very interesting and very surprising.

Would they sell a flat to a gweilo.
I doubt it. :smile:

Is it all done on a capitalist basis - can you offset expenses etc, and what rate of tax is paid on the profit? Many Chinese have bought here and in London and rent them out. I wonder if anyone does the reverse.
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Re: Where Have You Just Been?

Post by chinatyke » 22 Sep 2019, 13:27

Tripps wrote:
22 Sep 2019, 11:26
Thanks for the info - very interesting and very surprising.

Would they sell a flat to a gweilo.
I doubt it. :smile:

Is it all done on a capitalist basis - can you offset expenses etc, and what rate of tax is paid on the profit? Many Chinese have bought here and in London and rent them out. I wonder if anyone does the reverse.
The position as I understand it, is that foreigners can own ONE apartment for their own residence but cannot sub-let it as it is supposed to be your residence. Our apartments are in joint names so there is no problem as my wife is legally the landlord. Yes - renting is on a capitalist basis. You're supposed to register your rental contract and pay tax (I think at 10% rate) on the profit after expenses are deducted. But if you divide the value of the property by 53 years remaining land lease you could argue that we make nothing! There are always ways of mitigating your liabilities.

I'm qualified to be granted a Chinese permanent residence permit and if I applied for that I'd have property rights equal to any other Chinese citizen. I'm just too lazy to apply at the moment!

Everything about China is surprising. It isn't the oppressive place that the newspapers and anti-China propaganda would have you believe. It is true that it has a different type of government. No problem, and from what I see it's a great way of running a country.

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Re: Where Have You Just Been?

Post by Tripps » 22 Sep 2019, 13:36

chinatyke wrote:
22 Sep 2019, 13:27
No problem, and from what I see it's a great way of running a country.
Thanks for the information - very interesting. I'm glad you're happy with your situation. From the news, I see not everyone is keen to embrace it though. :smile:
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Re: Where Have You Just Been?

Post by chinatyke » 22 Sep 2019, 13:48

Tripps wrote:
22 Sep 2019, 13:36
Thanks for the information - very interesting. I'm glad you're happy with your situation. From the news, I see not everyone is keen to embrace it though. :smile:
Do you mean the situation in HK? The protestors are idiots and China is being very restrained in not interfering. That sort of civil disorder would definitely NOT be tolerated in mainland China, rightly so.

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Re: Where Have You Just Been?

Post by Stanley » 23 Sep 2019, 01:33

Or in London come to think....
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Re: Where Have You Just Been?

Post by Tizer » 05 Oct 2019, 11:03

A couple of photos I copied with my camera while at Corfe Castle station museum...

Women workers putting timber into a pressure vessel for creosote treatment to make railway sleepers:
Image

Image
Railway carriage converted for a hospital train in WW1:

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Re: Where Have You Just Been?

Post by Stanley » 06 Oct 2019, 02:09

Lovely. They applied a high vacuum first, then flooded the vessels with creosote and put about 30psi pressure on and left them to soak like that for a while, then drained the chamber. The creosote went right to the heart of the sleepers and was a nuisance if you wanted to saw them. Telegraph and electricity poles were done the same way.....
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Re: Where Have You Just Been?

Post by Tizer » 06 Oct 2019, 10:10

You're mention of the creosote being a problem chimes with something I've just read in my book about the chemical elements. A group of welders used their oxyacetylene torches to cut off some bolts in one of the towers of the Severn Bridge. They didn't have breathing apparatus and inhaled cadmium which coated the bolts. They all had to be taken to hospital and one died.

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Re: Where Have You Just Been?

Post by Stanley » 07 Oct 2019, 02:58

Vaporised metal can be very dangerous, some poisonous like Zinc but some inert ones can be just as dangerous in the long run. Stainless steel is very bad as it doesn't oxidise in the lungs but stays there as a contaminant.
I've just had an away day to Kelbrook. Gladys Redfern and Jimmy Talbot wouldn't recognise the Craven Heifer now. Jess and Mo were commenting on the changes since they were there last. I told them that where we were sitting used to be a newspaper shop.....
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Re: Where Have You Just Been?

Post by Big Kev » 03 Nov 2019, 17:15

Went over to Harrogate to visit youngest offspring this morning. We went for a walk at Nidd Gorge, the autumn colours are quite something.
20191103_165455.jpg
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Re: Where Have You Just Been?

Post by Tripps » 04 Nov 2019, 01:02

Stanley wrote:
07 Oct 2019, 02:58
Vaporised metal can be very dangerous,
Late night post. . .
As Engels remarked -

By far the most unwholesome work is the grinding of knife blades and forks, which especially when done with a dry stone entails certain early death. The unwholesomeness of this work lies in part in the bent posture, in which the chest and stomach are cramped; but especially in the quantity of sharp edged metal dust particles freed in the cutting, which fill the atmosphereand are necessarily inhaled. The dry grinders' average life is hardly 35 years, the wet grinders' rarely exceeds 45. Dr Knight in Sheffield says.
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Re: Where Have You Just Been?

Post by Marilyn » 04 Nov 2019, 01:59

Those pictures are breathtaking!

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Re: Where Have You Just Been?

Post by Stanley » 04 Nov 2019, 03:07

David, Engels was right about it being dangerous and naturally assumed it was the metal but of course he was wrong, it was more the grinding dust. look up needle polishing at Redditch....
The colours in Barlick are good also this year.... Lots of sugars forming in the leaves I think.
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Re: Where Have You Just Been?

Post by Big Kev » 04 Nov 2019, 07:44

Marilyn wrote:
04 Nov 2019, 01:59
Those pictures are breathtaking!
Thank you Marilyn. I only used my smartphone so was quite surprised at the outcome.
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