At present, the system of welfare housing is still widely practiced throughout the country.

The houses in the towns, except for some old houses with their own property rights, are basically houses with unit points.

The house is a unit, not an individual. These houses do not even have the right to sell the flats. Even if you have money, you can't buy a house.

Naturally, you don't have the right to sell the house you live in.

This is the case in a town, not to mention that it is also across provinces with Qiongdao?

In other words, even if Li Hucheng and Lan Changsheng have money, they can't buy a house in Qiongdao. This is true even for the houses that they developed themselves.

Li Hucheng bought No. 72 Binhai Road, still in the name of Ruan Ximei. With him and Lutiha, neither he is qualified to buy a house in Haitian.

Therefore, even if the houses here are built, they can only be sold to Haitian locals.

The problem is that Haitian locals don't need so many houses, and they can't afford to buy them.

The end result is that not to mention that few people develop it, and even if it is developed, the house will not be sold.

The real estate boom in Qiongdao is actually a crazy game of self-entertainment by speculators like Lan Changsheng and Yan Chun.

It is said that it is a real estate market, but in fact there has never been a market.

The local residents who really need a house are basically bystanders, and they don't end up buying a house at all.

"No one buys a house, it doesn't matter how many houses you build, this game will end sooner or later, and it can't be played forever. ”

"The remaining question is when it will end and what consequences it will bring to us after it ends. ”

"Let's talk about when it will end first, Mr. Yan, what do you say is the biggest source of funds for these speculators?"

"Banks. ”

Yan Chun said without thinking.

"That's right, it's the bank. Bank loans, speculators mortgage land or real estate to the bank. ”

"What are the most important requirements of banks for loans? security and rate of return, where safety comes first. Mr. Yan and Mr. Gu are both from the bank, do you think these funds are safe?"

Yan Chun and Gu Qiuying looked at each other and shook their heads at the same time.

"If you can see the problem, so can others. Therefore, these loans are non-performing loans, and those skins and real estate are non-performing assets. ”

"The next step is to avoid risks, reduce and prevent losses. What would you do if you were a lender?"

"First, stop issuing new loans, and second, try to recover those that have already been disbursed. ”

This is also the standard answer.

"Okay, how much loan can be recovered?"

"The money made from speculation has already entered their own pockets, who would want to spit it out? The first reaction is to walk away with their feet and go home with the money. ”

"As for the bank loan, anyway, there is a land and real estate mortgage, and your bank can take it back. ”

"At this time, there will be panic, people and funds fleeing. Without new capital injection, speculation stopped, and development was even more impossible, so the capital chain was broken, and those land and real estate were sold at low prices. ”

But at this time, the low price could not be sold, so the price was reduced again. No one bought the price reduction, so the bank had to bear it itself. ”

At this time, the bank found out that the land was not worth anything at all. The so-called real estate is just digging a big hole, just like Haitian No. 1, it can't be sold at all, it is smashed in your hands, it becomes a non-performing asset, and finally it becomes a bad debt, a bad debt. ”

"Banks are state-owned, and individuals don't have to suffer any losses. The worst people at this time are people like you who come here with money on their own. ”

"The land in Haitian No. 1 and Dapujiao, which you bought at a high price, is worthless at all. I want to sell, but I can't sell it. If you want to develop it, you don't have the money to develop it, and even if you develop it, you still can't sell it. ”

"Your tens of millions are all smashed on the plots of Haitian No. 1 and Dapujiao, and you won't be able to turn over within ten years. ”

"Of course, maybe after 20 years, the price of these lands will rise again, but can you survive for 20 years? Mr. Yan and Mr. Gu, will your unit give you 20 years?"

"When this bubble bursts, I estimate that after the Spring Festival, banks will quietly take action, gradually reduce or even stop lending, and then slowly withdraw loans. ”

"When people find out about it, they will flee in panic, and in May or June, it will be the time of complete collapse. ”

"At that time, it was full of unfinished buildings, big pits, and weedy land. ”

"If the land of Haitian No. 1 and Da Po Kok was still in your hands at that time, you can consider which way to die more peacefully and dignified. ”

"At that time, you will hear about many people jumping into the sea to commit suicide, and you may even witness someone jumping from the top of this building. ”

"You asked me why I sold the port city and the logistics city now, and that's why. Therefore, my advice to you is to sell the land in Haitian No. 1 and Tai Po Kok as soon as possible. Take advantage of the current market situation, make a big profit, and then take the money home. ”

Lan Changsheng felt a chill in his back, and sweat broke out on his head.

He had done a lot of business and experienced a lot of dangers, but it was the first time he had heard of such a tragic scene as Li Hucheng described.

He was reluctant to admit that this would happen, but he was powerless to refute Li Hucheng's view.

Yan Chun's feeling was actually the same as Lan Changsheng's, but he hadn't fully woken up from Li Hucheng's terrifying rendering at this time.

Only Gu Qiuying, because Li Hucheng had already told her about it in the afternoon, coupled with the close relationship with Li Hucheng, she was convinced of Li Hucheng's words.

"Mr. Yan, Mr. Lan, I think Chairman Li is right. We should act as soon as possible and get out of this place of right and wrong. ”

"The port city and logistics center are star projects with the best prospects. Even Dong Li has withdrawn, not optimistic about the prospects, and we have no reason to stay here any longer. ”

Yan Chun shook his hand weakly.

"Qiu Ying, you let me think about it. Come, have a glass of wine and sober up. ”

Can you still be sober when you drink? It's fresh.

Luthi said secretly in his heart.

Although he knew from the beginning that it was a speculation, and although he had successfully withdrawn, Li Hucheng's analysis this time still shocked Lu Tizhi.

This was the first time he had heard Li Hucheng analyze the situation in such detail, and analyzed the logic and context of this hype game.

Why is this guy in Tiger City so powerful, do they still teach this in college?

This time, I have gained insight again.

"Dong Li, since you know this result, why do you still spend so much effort to participate in the game?"

Yan Chun asked a question that seemed stupid. But she did mean it.

"Just like you, it's naturally about making money. ”

"You have spent so much money and so much energy on the port city and logistics city, have you never thought of really developing it?"

Lan Changsheng asked a pointed question.