I'm curious what people get out the the cheaper "non-ridiculous" rents.

I found a place at DaAn Garden on 7th floor 145sqm for 6500 during the peak of Shanghai real estate market, it was right by Changshou Rd. and WuNing Rd. I think paying that price instead of some crazy 20K price made sense for the following reasons.

1)Hellacious area during the summer and the monsoon seasons. Because getting a cab could take an hour.
2)People living there weren't exactly of quality.
3)Bathrooms were quite crappy with poor plumbing.
4)If I put my hand above the microwave where the door closes, I could feel a serious buzz on my palm.
5)Only one television and it was CRT.
6)Very cold atmosphere feeling furniture and I don't mean clubby.
7)Lighting was all flourecent no yellow lighting so no sense of warmth. Not even any table or floor lamps.
No satellite cable or ADSL.
9)For China which already has bad sound reverbations in the building, this place was one of the just under par places.
10)Even though it had a gym, we had to pay for it on our own.
11) The community felt like living in the Matrix and we were on a not so high floor so also somewhat noisy. I think if it were to fill up to max capacity that community would be congested inside during the weekend on its own accord.

So what I'm asking is what is the general set up people get in their apartments these days at what locations and the deprecation of the building?

What??? unless it's just me but your post doesn't seem to make sense.

I know when I found a place at DaAn Garden on 7th floor 145sqm for 6500 during the peak of Shanghai real estate market, it was right by Changshou Rd. and WuNing Rd

Presumably its still there regardless of the fluctuations in the SH property market.

I think paying that price instead of some crazy 20K price made sense for the following reasons.

1)Hellacious area during the summer and the monsoon seasons. Because getting a cab could take an hour.
2)People living there weren't exactly of quality.
3)Bathrooms were quite crappy with poor plumbing.
4)If I put my hand above the microwave where the door closes, I could feel a serious buzz on my palm.
5)Only one television and it was CRT.
6)Very cold atmosphere feeling furniture and I don't mean clubby.
7)Lighting was all flourecent no yellow lighting so no sense of warmth. Not even any table or floor lamps.
No satellite cable or ADSL.
9)For China which already has bad sound reverbations in the building, this place was one of the just under par places.
10)Even though it had a gym, we had to pay for it on our own.
11) The community felt like living in the Matrix and we were on a not so high floor so also somewhat noisy. I think if it were to fill up to max capacity that community would be congested inside during the weekend on its own accord.

You say it made sense but every reason as to why is negative.

that initial post made no sense to me either... must be friday

LOL sorry about the "no senseness" I guess I was getting wordy. LOL.

That is what I mean. The reason for the low price is due to those downsides. Neh? So I'm wondering is that the same now? I see all these rantings on ShaXpt. But not many solid answers. That is why I created this post. Are people in the same situation as this? Where even though they have a lower rent, they have to cover various other expenses, deal with angsty issues, etc.

you get what you pay for dear! 一分钱一分货

I'm really trying to understand WTF is going on out there. A lot of the postings drag on and on and digress with repeated answers, angsty potboiling suggestions, etc to the point where I lose track of the real picture. So I'm trying to extract some clear perspective from people by leaving an example of how I'm reasoning things out in a hope that they will be more level headed in their responses too. Like arguing neighbors, both sides always think they are in the right of an argument....in the end its just a fact of life, shyat happens when you make certain decisions whilst unaware of other factors.

Wasabichez wrote:I'm curious what people get out the the cheaper "non-ridiculous" rents.

I know when I found a place at DaAn Garden on 7th floor 145sqm for 6500 during the peak of Shanghai real estate market, it was right by Changshou Rd. and WuNing Rd. I think paying that price instead of some crazy 20K price made sense for the following reasons.

1)Hellacious area during the summer and the monsoon seasons. Because getting a cab could take an hour.
2)People living there weren't exactly of quality.
3)Bathrooms were quite crappy with poor plumbing.
4)If I put my hand above the microwave where the door closes, I could feel a serious buzz on my palm.
5)Only one television and it was CRT.
6)Very cold atmosphere feeling furniture and I don't mean clubby.
7)Lighting was all flourecent no yellow lighting so no sense of warmth. Not even any table or floor lamps.
No satellite cable or ADSL.
9)For China which already has bad sound reverbations in the building, this place was one of the just under par places.
10)Even though it had a gym, we had to pay for it on our own.
11) The community felt like living in the Matrix and we were on a not so high floor so also somewhat noisy. I think if it were to fill up to max capacity that community would be congested inside during the weekend on its own accord.

So what I'm asking is what is the general set up people get in their apartments these days at what locations and the deprecation of the building?

You been hitting the crack pipe again, fool?

jeffry3 wrote:you get what you pay for dear! 一分钱一分货

YES THAT IS WHAT I'M TALKING ABOUT!!! But from all the other postings, it makes me feel that many people don't think so and don't understand that in saving money you have to expect lower standards.

dys wrote:What??? unless it's just me but your post doesn't seem to make sense.

I know when I found a place at DaAn Garden on 7th floor 145sqm for 6500 during the peak of Shanghai real estate market, it was right by Changshou Rd. and WuNing Rd

Presumably its still there regardless of the fluctuations in the SH property market.

I think paying that price instead of some crazy 20K price made sense for the following reasons.

1)Hellacious area during the summer and the monsoon seasons. Because getting a cab could take an hour.
2)People living there weren't exactly of quality.
3)Bathrooms were quite crappy with poor plumbing.
4)If I put my hand above the microwave where the door closes, I could feel a serious buzz on my palm.
5)Only one television and it was CRT.
6)Very cold atmosphere feeling furniture and I don't mean clubby.
7)Lighting was all flourecent no yellow lighting so no sense of warmth. Not even any table or floor lamps.
No satellite cable or ADSL.
9)For China which already has bad sound reverbations in the building, this place was one of the just under par places.
10)Even though it had a gym, we had to pay for it on our own.
11) The community felt like living in the Matrix and we were on a not so high floor so also somewhat noisy. I think if it were to fill up to max capacity that community would be congested inside during the weekend on its own accord.

You say it made sense but every reason as to why is negative.

Eh, that is why I mentioned the period of time because I know that there are market changes. Why else would I be asking about the market conditions THESE DAYS at the end of my post?

Wrong. This doesn't explain the 2 to 5 folds price difference you may find for similar standards apartments, in the same compound. The one paying higher of course being the unsuspecting laowai (who was quoted in USD by the way).

You still can find pretty good 2BR apartments in Shanghai (sure, not in the French concession or really downtown) for less than 7K a month. You want to pay 20 or 30K? Sure you have the right to do so, if you can afford it. It is not the landlord and the agent who would complain anyway.

Cylon wrote:Wrong. This doesn't explain the 2 to 5 folds price difference you may find for similar standards apartments, in the same compound. The one paying higher of course being the unsuspecting laowai (who was quoted in USD by the way).

You still can find pretty good 2BR apartments in Shanghai (sure, not in the French concession or really downtown) for less than 7K a month. You want to pay 20 or 30K? Sure you have the right to do so, if you can afford it. It is not the landlord and the agent who would complain anyway.

Sigh, please note, my topic isn't about people that jack up the price of an apt X-fold when should actually be of Y-price. I'm just going under the supposition that that the apt hunter is savvy and knows what the reasonable market price is so will know what is a fair price. You'd think people surfing ShaXpat for advice added to their own apt shopping have garnered some knowledge by now to know what is a reasonable price?

What you call "pretty good 2BR apt"these days, THAT is what I'm wondering about. What is packaged in a pretty good apt now? As in how is the community environment, quality of neighbors, free gym/pool, apt need for maintainence frequency, satTV, ADSL, etc. Like the apt I mentioned in my main story, I had to set up ADSL at my own cost. Cuz after integrating costs that weren't covered in the rent sometimes it actually is the same.

My guess is that someone is going to regret ever opening this thread

Yeah I am sorta sorry I opened it. People are already misconstruing my topic, inferring thoughts I didn't even mention....ack. I am just trying to make a more objective analysis for everyone on how to view apt shopping.

It has been said thousands of times, everyone has her / his own standards. What you have seen at DaAn could be totally acceptable to others, while what you think is fine could be considered totally crappy by those who live in Lakeview... There is just simply no black and white answer.

Hypothetical questions are almost impossible to answer. My thought is for the money you mentioned, and the drawbacks, it would be too expensive, so I, for one would not invest, so would walk away, as I know I could do better.

Move to Hongkou and pay 3200 for a 100m2 apartment next to brothels and not have any of those problems, but no expats....i did it, can u?

hmmm....how much to live IN the brothel?

Could be free, depending on your gender and what you're willing to put up with.

Wasabichez wrote:Yeah I am sorta sorry I opened it. People are already misconstruing my topic, inferring thoughts I didn't even mention....ack. I am just trying to make a more objective analysis for everyone on how to view apt shopping.

Maybe you ought to change the title of the thread.

[quote]Or how much you are willing to spend on pharmacys, and injections, medical treatment etc. Where was that again?

yu888 wrote:that initial post made no sense to me either... must be friday

Or a Full Moon

p1atl10 wrote:hmmm....how much to live IN the brothel?

Well, they rent the rooms by the hour so that would be one hell of a bill at the end of the month. But, they’re sure to have one very satisfied tenant.

Adrienne
http://www.shanghaiprops.com