Wednesday, October 7th.

This morning, 15 banks in Hong Kong, led by HSBC, jointly announced that the bank's prime rate would be raised to 20%.

At the same time, the interest rate on mortgage loans, which are closely related to residents, has increased by 1% to 21%!

This is the highest interest rate in the banking industry since the opening of the port of Hong Kong!!

Even during the real estate frenzy seven or eight years ago, I never saw such high loan rates.

If you say this and make everyone feel unimpressive, then you can compare the loan interest rate of Xiangjiang three years ago, that is, the year Yin Jun came to Xiangjiang.

At that time, real estate in Heung Kong had not yet started to take off, and it was still slowly recovering.

Therefore, this year, the average prime loan interest rate in Hong Kong was only 6.68%, and the mortgage interest rate was slightly higher, at 10.62%.

So a comparison.

In just three years, the minimum interest rate has doubled, and the average loan has risen to about 3 times!!

What a pressure is this?

If you want to take out a loan to do business, you will simply cry to death!

If they had started taking out a loan three years ago, it would have been worth a few years at the current interest rate.

This is certainly a good thing.

But the problem is that if they want to take out a loan now, it will be equivalent to three times the interest on the loan they took three years ago!

After all, there are more than 6 million people in Xiangjiang, and the merchants are only hundreds of thousands, and the businessmen who need loans may only be half of them.

Ordinary people are different.

Buying a house is a matter for almost every family, but everyone basically has no money, and they can only buy hundreds of thousands or even millions of houses by taking out loans.

Now, the interest has doubled, and the income will be directly spent by a few hundred or even two or three thousand more every month, who can afford this?

When a family grits its its teeth and wants to buy a house, there are actually many factors that can influence their final decision.

For example, if the interest rate doubles every month, it will make their tense nerves collapse immediately, and they will no longer be able to find the courage they had before.

So for a while, many people who saw the skyrocketing housing prices and wanted to take out a loan to buy a house immediately felt like they were poured cold water on their heads, and their minds were much clearer.

Should I buy a house now?

Can you take out so much money on a house and then be able to repay it?

Is the house something that must be bought at the expense of everything?

If I buy a house, will I be able to live well?

If you don't buy a house, is there really no way to continue your life?

……

Such thoughts echo in the hearts of many people.

In response to such a "dangerous" idea, the real estate developers of Xiangjiang immediately launched a response as quickly as possible.

On the morning of the 7th, HSBC and other banks announced this decision, and in the afternoon, more than 20 newspapers, including the supplementary "Kirin Daily" and "Pear Daily", successively published a series of statements from real estate developers in Hong Kong.

"The company is very supportive of the bank's decision to cope with the situation, but in order to meet the rising demand for housing from the public, the company's finance company will provide an interest subsidy of up to 10% for every home buyer!"

"New World Development has always put the interests of the public first, and in today's situation of rising interest rates, we are willing to be anxious and subsidize the interest of home buyers in the purchase price, so that the public can enjoy the most preferential interest!"

"Don't be afraid of the high interest rate of the bank!

Sun Hung Kai promises that the actual loan interest paid by all home buyers will not rise by a penny!"

"Hang Lung Group has launched a variety of preferential offers, including 5-year, 10-year and 20-year loan interest subsidies for home buyers.

“……”

Well, locality is a big benefit.

In less than half a day, smart real estate developers immediately actively gave response measures, which is absolutely invisible in China.

Originally, many citizens had given up their desire to buy a house, but they were stirred up like this, and the hearts of many citizens became active again.

No way.

can't blame them for going to night, but the magic of the house, for the Chinese people, is definitely the most worrying.

So, from afternoon to evening, the real estate sales departments of major real estate developers were all crowded with people.

Everyone is asking, is this kind of discount real, how do you give me back the interest after I buy a house...... And so on, so that every real estate consultant is busy.

But the effect is amazing.

On the 7th alone, the number of purchase agreements signed reached the total number of all houses sold in the first six days of October!

Faced with the influx of loan applications, banks such as HSBC are dumbfounded.

They didn't expect that the interest rate was so high, and people could buy houses so carelessly.

Although there are subsidies from real estate companies, aren't you really afraid of raising the interest rate on the loan one step further?

If it's higher......

I am afraid that it is not only the banks that will take action, but also the Secretary for Administration and the Department of Finance will definitely take a heavy hand and vigorously curb this crazy behavior.

……

Standing on the top floor of the manor, Yin Jun looked at the bottom of the mountain full of lights.

The layout of the mansions on the top of Victoria Peak is very distinctive, no house is blocked by another house, and everyone can see the scenery below the mountain.

Such a condescending feeling of looking down greatly satisfies the psychology of the rich, so this is also an important reason why the house in Taipingshan is the most expensive in Xiangjiang.

At this time, it was already 9 o'clock in the evening, although the night view of Xiangjiang has not become as bright as "one of the world's four major night scenes" in 20 years, but in this era, it is already a very prosperous performance.

Yin Jun could still see at this time that there were still many construction sites in the urban area below the mountain, and they were busy working.

The people of Xiangjiang have many shortcomings, but they are hardworking and hardworking, and at this point in time, they still have to win a lot compared to the people in the mainland.

Just now, Li Chaocai called Yin Jun.

Cheung Kong began to consciously reduce the development of medium and long-term real estate last year, this year is not a new construction of a real estate, now there are about 15 real estate in hand, and the number of households is not much, and there are only more than 1,200 units on sale, which belongs to the top ten real estate developers in Xiangjiang, the least one of the houses launched.

Many people don't understand Li Chaoren's approach, thinking that he is already satisfied after getting Hutchison Whampoa, so he loses his enterprising spirit and only thinks about keeping the achievements.

Only Li Chao understands that he is not timid at all, but he is frightened by this crazy housing price, and feels that sooner or later it will collapse, and the collapse must be an avalanche, so he must stabilize and keep the hard-won Hutchison Whampoa, so that he can continue to develop after the collapse.

Therefore, the crazy profits generated in the past few months, Li Chaoren did not pay attention to it at all.

Compared with the comprehensive development of more than ten years in the next few years, the proportion of this profit is still too small and too small.

He wasn't sure that he was dancing on the tip of a knife like Yin Jun and grasping it so accurately, so he would rather give up his uncertain interests now, even if they seemed too tempting.

That's all there is to Superman Lee.

He is not greedy.

It is very difficult for a person who is not greedy to suffer losses when doing business.

Most of the final downfall of the big rich is because they are greedy and greedy for more.

And those who live to the end of the rich are all careful and down-to-earth business people.

You could say that they are old-fashioned and old-fashioned, and they have missed the best opportunity to make a fortune in the development of the Internet age.

But why don't you think about it, if they invest in Internet companies when they see them, will they still have those two or three billion dollars in assets by 2020?

In 1999-2000, the first major Internet crash caused you to lose no matter how big your family was.

In Silicon Valley, you think that miracles have come out a lot, what GOOGLE, what Facebook, Titter, Uber, INS, and burn after reading...... It seems to be one to invest and earn one, isn't it?

But if you tell you that Silicon Valley has an average of more than 100 ideas every day, and more than 30 companies fail every day, then do you still think that Silicon Valley's venture capital is very good?

In fact, everyone's eyes only look at these successful companies, and ignore that they are standing on the side of countless failures.

If the rich people of Xiangjiang gather together to invest in Silicon Valley, no amount of money will be enough to consume.

Therefore, everyone is similar to Li Chaoren, since I don't understand this aspect of things, then I don't do it, everything is according to the past, and I move forward steadily.

This is the wisdom of the Chinese people, but it is not only the wisdom of the Chinese people, many century-old stores in Europe and the United States do this.

Including Wal-Mart, including Volkswagen, including Chanel...... Wait a minute.

My thoughts drifted a little away.

Yin Jun slowly retracted his thoughts and put his mind on the present.

From now on, I'm afraid it's another game.

Although Cheung Kong Group has not gone deep into it, once the interests of all real estate developers are involved, Li Chaoren will definitely follow them, regardless of whether this is against the Hong Kong government.

The government of Xiangjiang and the real estate developers are inseparable from each other, but they all want to hold each other down and let them go to the next step according to their own wishes.

Their fight is nothing, the key is that these ordinary people below are really a little embarrassed in the face of fierce turbulent games!

It's hard now, but after nearly a year, it's not as simple as being embarrassed.

An unprecedented catastrophe is about to sweep through the entire Xiangjiang!!