| | We were talking about renting apartment in Shanghai. Most of our local colleagues encouraged us to buy an small apartment instead of renting one. The first reason, we are paying way too much for the rental. Secondly, the real estate market in Shanghai is doing so well, it will be definitely profitable when we decided to sell it later. I was tempted. But then, with the other housing loan that I have back in Malaysia, it's really not realistic for me to squeeze out the down payment. Needless to say, having a baby will require more financial planning as well. I was hoping to find an apartment right beside office, so that I can just walk to office everyday. More important, when our baby is here, I can spend more time with the family. The price of a 2 bedroom apartments around the office area can be as high as RMB8000! It is way out of my budget. There are cheaper options, perhaps around RMB3000. Those will be similar condition to Malaysia's flat. I try to avoid that. I need to make sure the place I rented is that place that I actually enjoy staying in, not forced to stay in.
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| | Posted 10/23/2007 7:07 AM - 29 Views - 0 eProps - 0 comments
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