Jack's avatar
Jack

May 8, 2021

0
Journal

It was about 2011 (sorry, I can't remember it accurately), my son was over 20 years old. According to Chinese tradition, I should buy an apartment for my son's marriage. At that time, my second older brother's enterprise was fundraising to build houses. My brother had the index of two apartments, but because he didn't need them, he gave me the opportunity. The price of the fundraising built apartments was really lower than commercial apartments and it was only one-half of the price of commercial housing. I remember one apartment was 110 square meters and the other one was 140 square meters. These two apartments cost me like 750 thousand yuan in total. According to commercial housing prices then, I almost saved the same amount of money. But after several years, I spent the money that I had saved out again. Additionally, these two apartments were built very slowly. It was about the end of 2016 when they were done.

Corrections

My brother had the index of two apartments, but because he didn't need them, he gave me the opportunity.

My brother had two apartments- I do not understand what you mean by an index. He gave me the opportunity to buy one.

Jack's avatar
Jack

May 8, 2021

0

My brother could buy two fundraising apartments, but he didn't need any apartments, so he gave me the chance to buy two fundraising apartments. I was trying to say 二哥把他的两套购房指标让给了我 in English, but I don’t know how to say it. I checked it on some translation apps, but it turns out that it's still in the wrong way.

avdwilde's avatar
avdwilde

May 8, 2021

0

What do you mean by fundraising apartments? Like places to be renovated? I will look more later today

Jack's avatar
Jack

May 8, 2021

0

In China, all the apartments are built by developers and they are commercial apartments. But for example, hundreds of people are colleagues working in the same enterprise and we raise money to build apartments for our own use. Thus, no one can make our money, so the apartment price will certainly be low. I call this apartment fundraising built apartments, but I don't know if I am right. I will give you the Chinese word here 集资建房. Hope you can say it in the correct way in English.

Journal


It was about 2011 (sorry, I can't remember it accurately), my son was over 20 years old.


According to Chinese tradition, I should buy an apartment for my son's marriage.


At that time, my second older brother's enterprise was fundraising to build houses.


My brother had the index of two apartments, but because he didn't need them, he gave me the opportunity.


My brother had the index of two apartments, but because he didn't need them, he gave me the opportunity.

My brother had two apartments- I do not understand what you mean by an index. He gave me the opportunity to buy one.

The price of the fundraising built apartments was really lower than commercial apartments and it was only one-half of the price of commercial housing.


I remember one apartment was 110 square meters and the other one was 140 square meters.


These two apartments cost me like 750 thousand yuan in total.


According to commercial housing prices then, I almost saved the same amount of money.


But after several years, I spent the money that I had saved out again.


Additionally, these two apartments were built very slowly.


It was about the end of 2016 when they were done.


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