It is a notoriously cursed spit for Beijing property market, because the market is sky high for no reasons, well, no reasons except the manipulation of some stupid twatty agencies. I do not know much about the buy/sell market, but the rental is always a pain the the arse, to which I can never ever able to grip its normality of absurdity.

You already know my crappy apartment that cost RMB3000 per month is a hoax for anything but Beijing, and today the agent called me to increase another RMB400 if I wanted to continue the contract. Of course I knew his mumbling over the rent would signify that he was trying to give some buffer for bargaining. But what he didn’t know is I have no point to bargain with him because I have already grown sick with agents in Beijing.

the CPI of china was 4.5% in 2011, I take it that Tier 1 city like Beijing would be double of this as 9% (whether it is under or overstate, let’s keep it that way for now). But RMB400 is 13%, and the 2011 income on rental property has up 24%, which only means they purposely make it higher to pressure the demand. I will spit in their graves if I ever came across one of them!

Dilemma for me now, to rent or not to rent, is it a question? or more like succumbing to surrender in time. (Sigh)

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