Tag: commercial

Maps of Miyakonojo Commercial High School, Japan

Miyakonojo Commercial and Agricultural High Schools, Miyazaki Ken, Kyushu, Japan

Miyakonojo Commercial and Agricultural High Schools, Miyazaki Ken, Kyushu, Japan

For a year I taught English at the Miyakonojo Commerical High School, and Miyakonojo Agricultural High School, Miyakonojo, Miyazaki Ken, Kyushu, Japan, with the JET program. Kuyshu is the second largest and most southerly of Japan’s four main islands. Having a minor in East Asian Studies, China and Japan, it was an interesting time for me to learn first hand what I had read in university text books. Living in a foreign country for an extended period of time immerses you into the culture and gives you invaluable first hand experiences.

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An Explanation of the Oversupply of Beijing Commercial Real Estate

Who has financed all this vacant Beijing Real Estate?

Who has financed all this vacant Beijing Real Estate?


Any cursory examination of Beijing’s skyline in 2008-2009 will reveal that commercial buildings such as general office, retail space and hotels have been sprouting up like weeds. As the Olympics wound down and the Global Financial Crisis deepened, it was clear to all that the vacancy rate for these mamoth buildings is very high. Beijing is oversupplied with commercial real estate by an estimated 14 years of optimistic growth. One needs to wonder who financed these buildings and how will they recoup their investment. It seems like the heard mentality has prevailed.

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