Following my last article about the new apartment I have some new developments to write about. First of all I am sorry that I didn’t manage to do so last weekend but some basic company related mess kept me away from writing anything. For everyone who doesn’t know about this apartment and does not want to read through the whole blog post from two weeks ago called “This and that” I will give you a quick summary.
My parents in-law are about to buy a new apartment in Xi’an. This apartment is roughly 25% cheaper for them through some reason I still don’t really understand, it involves somehow them being former workers at that factory which used to be on the grounds of that new apartment block. Two weeks ago I wrote that I am not too happy about them buying that apartment as it is first of all far away from the city center and second of all it would also mess up their daily lives as they need to commute everywhere by bus and thus making everything harder and more expensive.
For the past twenty’ish years they have been living right in the city center of Xi’an within the old city walls. Sure the area is not the prettiest around as the buildings haven’t been taken care of at all ever since their existence but it had some certain feeling to it as most neighbours know each other, on the streets in front of the buildings you can have all kind of delicious food, all kind of stores are all around there and it feels just real. In short it is for me the real Chinese city life, not those fancy malls or new skyscraper apartment blocks. My parents joked when they first saw the area that it looks like Germany after WWII (which my father even witnessed so there must be some truth to it). My in-laws apartment is in stark contrast to the outside of the building as everything was nicely renovated six years ago and everything inside is more “western” orientated with the basic Chinese kitsch to top it off.
The new apartment they want is in another area of the city which used to be an old industrial site. Apparently both of my in-laws used to work there (also the entire rest of the family as far as I know) and now they all got some nice discount on buying apartments there. My in-laws are planning to buy a 98m² (1055f²) apartment which would be about 1/3 bigger than their old one. Of course in China those 98m² are not actually the entire living space you buy as some of those m² are counted into the stairway and what not all so I believe the new apartment will be 85m² at most. Next to the new apartment buildings are the old buildings of the factory workers which are also in a terrible condition. There crazy granny still lives with crazy Uncle and his family (they already purchased the biggest available apartment in the new building). All around there is actually not much to do. There are not even many street kitchens, during daytime you can by only some watermelons from one vendor and there are some car repair place, nothing more. The nearest supermarket is 20 minutes away by walking so all in all it is not really a dream location.
Now to the apartment itself. The apartment is right now pretty much bare brickwork (okay it is concrete) without anything but some windows and the piping done. This means after you purchase such apartment you still have to invest tons of money. What else is not that great is the layout of the apartment which is in my opinion (everyone we asked) really bad, especially the kitchen is the size of a small storage room and I do not know how they will fit anything inside there. As they have installed already windows you can’t purchase yourself proper windows. In China the basic windows you get are some kind of “sliding” windows and they have as much insulation as a sheet of paper. All in all it is a real mess.
What is the new development when it comes to the apartment? You see my wife and I already convinced them to keep the old apartment as its value will increase a lot once plans are made for tearing it down and building a new apartment block there (not one of those ugly skyscrapers but something more traditional looking and not that high as it is within the city walls). After we brought our concerns forward regarding how hard life would be for them when living there they started to think about it themselves. MIL quickly realized that there would be no shopping for her any longer and that she would have to travel for over half hour to her dancing lessons and classes (half hour in case there is no traffic so it is more like one hour for a normal day). Also FIL would not be able to go to his table tennis sessions everyday as it would be the same as with his wife too: much traveling.
Right now they still want to buy that apartment but no longer want to live in it. They also do not plan on renting it out at all! They just want to buy it and leave it in its current condition. As they can get the apartment 25% cheaper they want to wait for a few years and then sell it with a nice profit. I must admit that I kind of like the idea especially as 300k RMB (~45k$) are not from their own pocket but from another source located in another country…
Would you move to such new location? What do you think about my in-laws new plan?
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