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The fee is currently 25 percent of market value for houses and 18 percent of market value for condos, Ms. Fox said.
These new giants have swiftly overtaken some long-established Western competitors, in terms of market value.
Remember these increases are based on a potential buyer's perception of market value.
When Enron's financial house of cards collapsed, $80 billion of market value vanished.
(Assessments, which are used to calculate property taxes, are typically only a fraction of market value).
Further, I question the use of market value to determine assessed value.
But the deal isn't the total wipeout the loss of market value would suggest.
It is now, in terms of market value, one tenth the size of Ryanair.
The cases have wiped out billions of dollars of market value.
This is particularly important as traders tend to classify fins using Chinese name categories on the basis of market value.
The majority of buildings subject to rent control, on the other hand, were assessed at 45percentt of market value.
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