How is the US tariff going to impact the normal person in China if at all? Also maybe a video series on Chinese factory life. Housing, work and play. Love the videos!

I'm just wondering if this is true for all Chinese cities or just the top tier ones. I'm looking to maybe move to a second or third tier city. Will rent be so expensive there too?

In China I heard American colleges and hospitals are free too. Is that true? Damn I am so gonna start a revolution and bring American democracy and politicians to rule China.

JonnyNice in some cities, you are still able to live on 1 dollar a meal. Don’t forget China’s GDP per capita is still among the developing countries.

move outside the city and you will live almost free

as Vivi would say "that hurts my heart"... :)

Because he loves ... wait for it ... chocolate milk. True story.

I'm unliking Goat Milk.

maybe it means C cup （C奶）... y'know. Boob size? XD or "auntie" if making a direct sounds tanslation...

one of life's paradoxes.... like the fat guy called "Tiny"

trgtdron We truly have it very good here in America. Most people in the world don't even have a toilet. The homeless on the streets are fed better than most of the people in this world. To all good things must come an end.

I am disabled too. But I get less money and then have $200 IRS lien a month for defaulted student loans

1350 _what_ per month? Which country are you living in?

@@imcustomized the great and powerful MERICA

@@budzillah7194 why would it have to come to an end?? its a product of a productive society, its very normal for a non communist society to have these standards of living

I'm not sure that's a fair comparison. Spain doesn't have nearly the amount of people moving to cities every year

imagine 1 billion people defaulting on their debt. damnnnn That will be a multi-trillion dollar crash.

@@ericcartmann except that the Chinese economy is controlled by the CCP

As an American I can confirm this theory

Miki Cerise the government will further manipulate the currency to make debts easier to pay while installing stricter controls on lending most likely. That’s the ideal solution, won’t end great but would avoid stagflation at least in the short term

99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999990

@@davorjuretic5177 šta?

"live in EU"

She should buy they house for you then if she cares about it so much...

My mom is doing the same. Trying to get me to buy a house in America, by 'Helping me' i actually considered it at one point, but she wouldn't help me unless she had a say in where I lived. I turned her down. Now she's trying again, but I turn her down flat, no discussion the housing is obviously in a bubble, I'm not interested. When the downturn happens (and we're overdue one) id be 10s of thousands of dollars underwater on my loan.

That sick man I feel bad for you to take mortgage to buy freakin expensive house just because social norms dictate

well, Keep krusing

i can not understand why you stay in china for that long, it seems you are suffering here

what kind of house that you bought with the monthly mortgage payment only $350 ? tiny shack in the worst neighborhood in Seattle or Philly?

Your math is not making much sense. Did you buy a condo or a house and is it in rural Arizona or something because $350 a month mortgage is unheard of in the USA these days

Guangzhou is still very cheap to live in and more modern than Shenzhen, Shenzhen is the most expensive city in China at the moment, even more expensive than Shanghai, not because it is any better than any other first tier cities and second tier cities. If you want to afford the life in Shenzhen, you have to be someone working in the biggest tech companies like Tencent or Huawei or Xiaomi etc. Or work in the financial sector of Shenzhen, which is also getting paid a lot.

you can't compare. China was not only transitioning from lower economy to more expensive economy, China was transitioning from communist system to market economy system.

Infovest what in the world are you talking about? “Never”? China was in a communist system like North Korea and Soviet Union only 30 years ago.

That is crazy...here in germany, even in the cities, it is about the same with 60squaremeters for over 1000,- $, but this is as extreme as it gets and that with a clean, working supply of water, etc. Sure you can go more crazy as well, but usually even in cities, you get a tidy, well working flat for under that price...a little outside the city centers, you are going down to about 600-700 and in small towns it goes down to 400 cold. I am living in a small apartment for even 350 bucks Warm...so everything paid already(heating, water, garbage, etc) Even a middleclass european guy wouldnt really accept to afford such high prices combined with such low living standards.

It is called inflation

David, you are correct, only Eastern Europe atm seems to care about maintaining its cultural integrity and stable borders. With regard to rising costs in China, the govt. aims for a minimum 7%/pa increase (it's been higher in some years), with job growth of 23M/pa just to maintain civil stability (preventing dissatisfaction amid the young is critical). Even at 7% though, ShanghaiGoat's quote of 3000rmb ten years ago would be about 6000 today, so it being 20K shows there has been a significant increase beyond mere inflation. Officially, the annual inflation rate has on average been much lower than this, supposedly less than 2.2%/pa over the past 10 years, but this doesn't match reality at all, showing how the system is distorted in various ways, via currency manipulation and other methods. Some hold the false belief that China now has a market economy, or that it has adopted Capitalism (or elements of it). The only thing China has absorbed is a degree of free enterprise, but that is not Capitalism; the latter, at its core, is property rights, free speech, don't lie and don't steal (the foundations for honest and trustworthy trade, hence the connection to the Protestant work ethic and the strong early rise of the US); free enterprise is just the ability to exploit opportunity, it implies nothing about the morals and ethics of trade, hence why free enterprise can coexist so easily with scams & fraud. China does not have property rights, it certainly doesn't have free speech, and with cultural traits that sustain elements of corruption, deception, fraud and scams at numerous levels, it's far removed from honesty and truth in trade. How one can do business in China could certainly be described as free in various ways, but it's much more like the old wild west than a sustainable system based on trust. Politically, China is a communist variant; economically, it's something else entirely (no word for it atm), but it definitely isn't Capitalist or a free market, notions which effectively died in the West with the creation of the Fed, the emergence of Welfare and the colossal rise of national debt (all of which are a form of theft and a violation of the non-aggression principle). Indeed, many elements of how Western economies are run today are if anything more communistic than the way China operates atm, with enormous state intervention and control, the money supply artificially sustained by state borrowing, etc. One thing is certain, the Chimerica mutual dependency is in a very unhealthy state, a structure of trade on the back of cheap oil which allowed global economies to flourish for half a century. Much of it was artificial, on all sides, while traditions of saving and frugal behavior within civilian populations were erroded (Spend! Spend! Spend!). In the West today, few people understand what saving even means; most believe it refers to just the standard interest received on cash investments (which is horribly wrong of course, the interest doesn't even cover inflation, especially when base rates are so low). Private debt is particularly severe in places like the UK, (around $2.2 trillion for a population of 65m) but it's generally bad everywhere, while state debt means resources are stretched far beyond capacity (proving that importing hordes of migrants is a terrible idea, they disproportionately add to the burden on services and systems, along with so many other problems). It's a curious thing that China hasn't succumbed to the diseases of political correctness and cultural marxism that have so infested the West, yet it has ended up with large debts via other routes, with potential for future problems of a different order. Trust is perhaps the biggest long term problem, people have to believe that the system can sustain; in the West, most people are too brainwashed to understand it can't (so they bumble along, deluding themselves into thinking they're going to have a cosey retirement pension when some simple math shows they've not and never will pay anywhere near enough into the system to cover the cost), but in China the dynamics of this have yet to play out. Ian.

@@freddyrassinger8198 fuck off with your partisan/faction bullshit

Just the coast? Denver has one of the worst housing markets for buyers in the US. A small house in the suburbs goes for over 2k per month. No one can afford to live here and recent articles suggest more people are leaving than coming here for that very reason. Want a shitty old tiny house for 400k? You'd love it here.

Greg McCauley in large California cities shitty tiny houses go for 700 thousand, sometimes over a million. For a tiny lot with a crappy house. I wish they were 400 thousand

Yeah, I know SF is one of the worst. My point was that it isn't just the coasts that are expensive

Denver is insane, partly because of people moving there from California.

Chinese buy houses with 30-50% down, about 30% of buyers pay cash in full.

Yeah come to Seattle, it's a fucking nightmare these days. Thanks fucking Amazon dickheads

Alistair Moss true dat. I know a a girl from London who was travelling a lot. Then she wanted to go back to London to settle down. 2 weeks later she came back in tears. Could not even even a shithole way out of the city.

Agreed, no doubt that China's gotten expensive, but here on the west coast, all the prices quoted in this video sound like a steal

Its all part of the plan to have a new indentured slave class that will work to support the multinational nobility

@Arclight56 Many sexpats do what C-Low Booty is doing: They marry a local lady in a Third World country where there are checks on her hypergamy. Then they import her to the West where there in NO checks on her hypergamy. They ALWAYS seem surprised when the divorce costs them more than half and they end up living out of their car.

Kinda biz u have?

I build and export electric utility vehicles

maschketa Unemployment, high polulation,less areas, inflations, tribalism and etc. Isn't everything great,dude?:-)

@@kuykasamjoktar6191 Yes! Thats how i imagine paradise xD

Same in Sweden.

I spent allot of time in Boston and the average shitty 1 bedroom costs about $2200 a month go a bit further out and you're still paying about 1800-1900 a month, even in Dorchester and Roxbury you'll probably still pay 1500-1600

Literally you typed bullshit

its cause asset prices have increased a lot compared to labor. labor is cheap compared to asset prices. nowadays that central banks print money its at the cost of workers to the asset holders.

Dude its not objective at all. way too promotional

@@danman1287 You think videos like these are promotional? They are saying prices are getting out of hand, not exactly a "everyone, come to China, it's paradise"-kind of message.

@eWolf Russia I do n they still live there n have Chinese in laws. China uncensored is more truthful. The truth is much worse then how they portray it. I can think of so many other Asian countries to live n retire. I have alot of experience w China. Can't trust the people. U saw that stunt by the rich Chinese family in Sweden right? They were well off n still tried to cheat the hostel n then created a scene. These two have basically a China women fetish. Plus since they live there, they cant even come close to telling the true story or they would be jailed n then deported. so all the videos r 10% of the truth just out of self preservation. It's crazy people think this is objective in any way. No other countries have people think of foreigners as either friend or foe not even Russia

marius that example is just food. Think thru this in all aspect of life and products and services you buy normally...then think about living in China. Finish watching the entire video I attached in the other post. Medical srevices r compromised too. My friend said if they know you can pay, get ready for alot of fake diagnoses. Hell these two clowns probably dont even know they r eating poison at their favorite restaurants. Their message should be DONT LIVE IN CHINA unless you have a great business/career oppty or you r inflicted by yellow fever only satisfied by the local baggage in Mainland China.

Marius watch the video. again its just food. Winston and Cmilk give the presentation its okay to live there n here r some downsides to watch out LOL---its not even close. its overwhelmingly NOT OKAY. I am not even talking about the random violence, scam and govt oppression. I can safely say the govt doesnt care if I am an American...surely they won't care if you r South African. Your accent will go over well in Taiwan too so plenty of alternatives to not F*ck yourself over in China.

Australian Real Estate rules have been established that Chinese investors may only purchase new housing, no existing. These rules are ignored by many sellers and investors. Many financial commentators predict a forty percent fall in prices. I hope it will be closer to ninety percent like the Japanese market since 1995.

Which bubble/ country/ region/ year are you referring to? Present your evidence.

@@freddyrassinger8198 you can't go off of "historical figures." It'll drop A LOT more than 15%.

This is so reminiscent of Japan n the Japanese during their time. The Chinese have no clue how bad its going to be. They own one of the worst housing stock n puked away so much wealth. It's one thing to own good stuff it's another to own bad buildings in bad locations. Normally I salivate at real estate debacle oppty but not this. I will be buying se Asia not China.

You think the house market is bad in Australia , come to London

same haha I'm down in Philly now :P

yeah and they're comming here to Kentucky!!

Yeah yeah me to!.

47 guys here like sheep, apparently.

@@clray123 Muslims?

Isis tells their martyrs they get 72 virgins and an trip to sheep world

You are forgetting point he meant. Sure China is cheaper in many ways but you have to pay premium for quality service, hygiene in food, higher/standard facility comparible to other countries etc. I haven't been to the USA, but I'm from the UK which has worse food value compare to USA pound per pound. I've only been to China once and also visited Shanghai during that time. The food on the upper market restaurants is kinda comparable to UK standards, also pricing (not the fancy ones). There are also ones that are way cheaper one that we ate in Shanghai (not in the upper areas) that was worth the price and amount (around 1/4 to almost 1/3 cheaper compared to UK). Collectively, food quality, hygiene and service in (whole) China is hit or miss. Though damn I wish the majority of the people who are doing business really take matters more seriously in terms of service, quality and hygiene for the better experience for everyone (not end up food poisoning). The housing standard there is, way below average on UK standards at least of what I can compare.

Its just because they want to live in the City Center and live a more Western lifestyle. You can still live super cheap and save a lot in China even in Shanghai. I have friends doing it now.

Sorry man but your wrong, the USA has phone plans that start out as low as $5. As far as public transport yes it’s more expensive but it’s cheaper to drive in the USA vs China. Plus we have passes that reduce the cost of rides. As far as food is concerned Chinese food is good but it’s not regulated at all. For the vast majority of people this is fine but it’s still sketchy for a first world country.

A car is not necessary in Shanghai, nor is western-style food. No matter how you slice it, public transport is going to be cheaper than having your own car, even just accounting for gas money. As for food, you can cook your own food for much cheaper in Shanghai, and if you don't have time, there's convenience stores that sell ready-to-eat stuff like steamed buns for 2 yuan. It might take 3 or 4 to fill you up, but that's still about a quarter the price of a pre-made sandwich in an American grocery store. I've never heard of anyone get sick from eating those either. Of all the things you need to live, rent is pretty much the only thing in China that's anywhere close to the US in cost. I can get a decent apartment in the center of Shanghai for 7500 yuan per month, which is about $1100, whereas it's at least $3000 for a similarly-sized apartment in SF. To get a $1100 apartment, I have to go 50 miles outside the city to Fairfield.

I think the comparisons the guys did in this video are valid. I used to live and work in NY for many years and prices are accessible. Big city and good living regulations. I used to live in Shanghai for 2 years and villas in the back of my complex building were millions of millions that compared at that time for the same amount of money i can buy a regular apartment in Mid town Manhattan and another one in Queens. or a house with backyard in Forest Hill. The topic was about prices in the city. If u go to a small town in Zhejiang province won't be cheap as a small town in Virginia. About the food. In USA there are a lot of options and prices but you eat without fear to be intoxicated or with the feeling to be cheated for bad food. In China you have to pay high prices for a regular or average food quality and even like that there are some risks to be cheated. Now i live in HK and the prices are crazy and ridiculous too. Anyway, i agreed than China is more expensive than USA.

Computing Forever did a video about that, scary stuff indeed.

a year later doesnt feel like scary... feels totally normal now

Wow, that's a great marketing idea! Cheers!

Because Vanilla ice was taken and he once thought Rap was cool and thus wanted to be a rapper,

It's short for C-Low booty, his full name.

+Mobspeak Because in Jewish Gematria used by the ashkeNAZI Jew/Freemasons C Milk sums to 33. 33 is the highest degree in Freemasonry. It's their identification of 'those in the know' who exactly these frauds are

+Snooker B LOL. Is C-Milk Winston's handler?? I think so.

+dagnyati Haha..I've never thought about that but I think you are 100 percent correct 👍. I couldn't remember Serpenza (🙄) stage name until you said it. Winston sums to 33 in Gematria too. Unbelievable. ..lol

Do you think living in apartments with 3000$ rents make 500$ a month...? People living in those places make American-like salaries.

Hmm... how can 300M Chinese earning $2 per day, survive?

I bought a 3 bedroom apartment in Chengdu 3 years ago for my wife at 100K CNY - now worth over 500K CNY.

@@emailbenjie they starve to death according to them...

2017, NY/SF/Boston, average income per month $4304 / 4817 / 4322, house rent middle prices per month (tow bedroom apartment) are $ 2909 / 3449 / 2225, so percentages were 67.6% / 71.6% / 51.5%. While HK and Shanghai's percentages were 119% / 90%. I guess Shenzhen should be like 70%, 80% or more.

Andrew Brown; The biggest crash in history coming very soon.

A lot of smart people saying so. That perfect storm is coming ...Now either it is going to be 5y or in 15y who knows .. But longer than that I doubt it. From a perspective of a new 20-30y loan taker .. Pure suicide either from global mid-term economy or personal sustainbility. So long term home loans at this moment is a big NO however you look at it. Murky times ahead...

similiar to london, the USA is cheaper because their houses are made from wood and they have more space

Still giggling at that

@John Smith that's "yáng" the character for "sheep"

羊 is pronounced like 'young' in English but means 'sheep' in mandarin. Drat, I explained it now its not funny.

And the only utilities that are included is heat and hot water. It is a 2 bedroom 2 bath

NotYourMothersFrenchToast you can rent 30sq metre for2000 yuan in shenzhen but you must take 40minutes metro to shenzhen cbd. anyway cheap far away house better than expensive house in cbd.

poortaiwanese yes I agree , the price will come down when the housing market bubble bursts lol , the Chinese gov is doing that yes but as with most things the average Chinese person knows how to use Hong Kong to get their money out it’s very common and very well known , also the Australian gov has tried to limit Chinese investment as that’s a major issue why young people are being priced out the market , the gov need to do a massive land release and give tax breaks to developers willing to work with gov in starting a building explosion as that is what’s needed here . Any Chinese investors read this contact me bring your bags of Chinese money and we can make a bomb.

@Shawn Jones - I've been to Israel several times and let me assure you - Israel does exist. Or the mushrooms were really, really good.

just enough to keep you where you are in society

@@ShawnJonesHellion go take the land back😂let us know how it goes

@@Dfthg-bz3hp You should see what that tool box, Shawn Jones, looks like. Check out his content. He seems a bit slow, so we probably shouldn't make fun.

@@xenonram YIKES thats a page I wish didnt exist 😂bunch of bullshit conspiracies and propaganda badly regurgitated from him watching fox news as he attempts to seem like an intellectual 🤣

It's called a housing bubble dingus.

not only, it's also the monopolism, the unfair market rules, no competition, horrific regulation. Basically when oil was more than $110 - it was cheaper (with delivery) in Russia to order Supima cotton underwear from USA than buying locally because high taxes and duties for same imported stuff(which always made to protect local manufacturers-but there's no such in existence). Considering inflation - the hyperinflation West haven't seen from end of World War 2, the modern examples of Argentina, USSR, Zimbabwe, Venezuela - it's hard to imagine that living in comfort.

Lorenzo Curve explains everything. en.wikipedia.org/wiki/Lorenz_curve

Buy gold!

That's not what inflation is honey.

Karl P Because real estate price doubled during from 2016 to 2018

@@hengwu8004 That's astonishing, cannot be sustained, it's a real estate bubble.

Karl P agree, seems it’s going down now, we chinese have not been given a lesson from this bubble before, instead in the past 10 years people have more real estate has become richer and richer, those without are more n more desperate. but the market is now restricted, both sides buy n sell, high pressure from the trump government trade war, banks suffering, stock market plunged, index dropped half from the top, many stock dropped 70%+

@@hengwu8004 A bubble only becomes a problem if it bursts. The Chinese government is almost unique in that it can micro-regulate the economy so there may be a soft landing investment wise. If anyone can steer around this type of situation, it would be the Chinese government, just because they can intervene quickly and at every level. Direct intervention on investment, banking, private/corporate stakeholdings Etc is not an option available to Western governments for example.

Kindly remind you that this author is talking bullshit and exaggeratting a lot to please Westerners for money.

Kimmel Black absolutely true.

salary？ income to rent ratio？ cost of living？safety of food, medicines(only in China)? many things need to take into account when you consider the city/country is livable or not.

@@ryanzhang701 Japan is far more liveable than China. Nothing to consider..

Assuming it was real coke. ;D

lol

why did you get a coke?

Not really, I live in a T3 city and I spend as much money if not more than I did back home. A decent meal is at least 50-60 yuan per head. My branded electronics (TV, Computers, Phones) all cost as much if not more, my clothing costs the same price, my car was A LOT more. While rent is cheap (2,500 for a decent house), last year it was 2,000. I can honestly see this being 3,000 before the end of the decade. I import a lot of stuff such as cosmetics, eye care and shampoo. It's extremely expensive. They are spot on in this video. If you live like a Chinese person you will find it cheap, if you want to live a western lifestyle it's more expensive. China is expensive and people are making a lot more money here than they were a decade ago, some of my colleagues salaries are surprisingly high even at local companies.

Probably because you import a bunch of stuff. Why import cosmetics and shampoo? If I was in America and I only used Japanese shampoo, it's going to be more expensive.

As long as the housing hasn't been ruined by bombs. States with high debts often used war as a means of writing them off. Also means they can push through harsh measures to increase taxes, etc.

Yeah, no. The Chinese government isn't afflicted with the particular kind of insanity that would deliberately invite a foreign power to bomb a bunch of Chinese cities into oblivion just to relieve their economy of some surplus housing. I suppose I could see them ordering largely-unoccupied housing units torn down by government fiat, though.

Who buy crap houses in a dictature ? Even in the USA some areas never had recover from the last crisis

Thats BS. I lived in Bangkok and I rented a luxury condo for 354$. With hardwood floors, nice kitchen, nice balcony. Swimming pool, fitness center, steam room and sauna etc. I lived on 1800$ a month their it would have been like living on 6000$ in a major us city. This was 2010-2013. Sure it wasn't in the city center but it was along mass transit lines and only a 20 min ride to the center.

No there is not. Look up "money multiplier"

zsqduke Learning to read a bank's balance sheet completely changed my perception of the world. I recommend it.

www.usdebtclock.org

Codediporpal: Yes,and that 1 yuan would probably be in only 10% of fhe population's account. In fact the percentage os even less. China a country that has a history of revolution and revolt will find in the near future a large segment of the population agitaing for change!

@Infovest you're still watching though. Lol.

lol' 2 strkes and time to call in a Pinch Hitter, Winston even did a back flip for the SA goon squad girl.

Arclight56...why no content on your site? and when you said 'we looked into it"is there more than one of you?

yea, Im not saying your not ligit, just that im wary of no content posters, YT is full of cons, a good example is DUTCHSENCE..and his eq rabid fans..like to really know what he rakes in...he pleads poverty..yet now lives in a lake view house?