Thread: Motorcycle Global pricing.
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#14 Re: Motorcycle Global pricing.
08-23-2013, 03:33 AM
That is what the IMF report states, 30K RMB sq meter , that equates to $4,901 per sq m
China Property Prices
(Thousand RMB/Sq. m., sa,3mma)
http://www.imf.org/external/pubs/ft/...11/cr11192.pdf
This MSN article has it at $400.00 per sq ft. multiply that by 10.76 to convert to sq m and you have $4,304.00 per sq meter.
http://realestate.msn.com/article.as...entid=23375372
Numbeo is not conservative it has the prices at 48K sq m. $7,843.00 per sq meter.
http://www.numbeo.com/cost-of-living...a&city=Beijing
The prices of real-estate in NYC per sq are reportedly as much as two to three times that of Beijing?
All things in parity then the big difference is the ratio, earning much less obviously and paying a much higher percentage of net income per unit of housing
Thanks for pointing that out LJH, however BJ is an outlier, the findings actually do not fly in the face of anything on Numbeo, actually in degrees confirm its numbers. China is paying less not more for consumer goods because if paying 22% of your net income for housing then you are paying less for all others or you would become fiscally insolvent.
As for motorcycle specifically they fall under the need for transportation, they compete with public transit and automobiles. They are not the mode of choice in any nation, but can often be the only option for some, hence the regulations. Your correct not everyone is equal and more then less should stay off two wheels. Feeling compelled to ride and competent are often in common, the desire to ride is a requisite. The need to get someplace is not…with that as the only reason to get on and ride the results can be deadly.
I get bored of people not appreciating the USA and the true quality of life here. Looking at all cost of living as a percentage of income across all levels, hands down this is better then most if not all other nations.
I like equilibriums, balancing points, benchmarks and comparative metrics, I learn from studding them.
It is painful at times, I refer to that the feeling of ignorance leaving, it puts up a fight.
The whole point of any analysis of parity or in parity is ratio based.Last edited by MJH; 08-25-2013 at 12:42 AM.
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