On April 12 last year, the British government issued a white paper, announcing that it would make certain changes to the nationality law and the policy of moving to the civil government.

Among them, the people of Xiangjiang are most concerned about the policy of relocation and civil affairs in their overseas jurisdictions, which will be significantly changed to further weaken the preferential policies for the relocation of people in these jurisdictions.

Hong Kong is now part of the British Overseas Territory.

Just as Japan himself has always been terrified of living on an island where natural disasters are frequent, the people of Xiangjiang actually live in this small land, and they also have deep concerns.

The biggest concern is the uncertainty of Hong Kong's future.

In 1898, Britain forcibly leased Xiangjiang for a period of 99 years, and the 99-year period expired after waiting for more than ten years.

When the time comes, will the British return Xiangjiang to China, and if not, will Huaguo forcibly take back Xiangjiang, and will Xiangjiang become a ruin because of the handover...... These problems have been plaguing the people of Xiangjiang for so many years.

If you want to say that the poor are okay, anyway, whoever comes here can't not give the poor a way to live, right?

But those who have assets, especially the middle class, will panic.

The situation in China a few years ago made them tremble when they heard it, for fear that their hard-earned money would be confiscated and beaten back to its original shape.

Therefore, since the 70s, the trend of migrants in Hong Kong has been prevalent.

In recent years, especially since April last year, this trend has become more and more violent.

In just over a year, more than 40,000 migrant families have moved to Xiangjiang, and more than 100,000 people have left Xiangjiang.

This is not a dispensable person for Xiangjiang, but the backbone of the real Xiangjiang, all of whom are middle-class and small rich.

As a result, many factories have come to a halt, which has seriously affected the economic development of Hong Kong.

To put it bluntly, if it weren't for the ferocity of real estate development in the last two years, the consequences of this recession would have been felt long ago.

However, for the people of Xiangjiang, this wave of migration is definitely not the end, but only the beginning.

Because on the last day of October, that is, on October 31, the Queen of England ******* the Royal Passage of the British Nationality Act 1981, and the bill officially has the effect of law.

There are many changes in it, and what is closely related to Xiangjiang is that since the law came into effect, the residents of Xiangjiang no longer enjoy any preferential treatment for immigrants from the United Kingdom and Commonwealth countries, and all of them are subject to the same examination treatment as other foreigners, and it can even be said that it is more harsh.

According to the regulations, the nationality bill came into force on January 1, 1983, which means that from now on, there will only be 14 months for the people of Hong Kong to be excluded from the category of immigrants within the United Kingdom and Commonwealth countries.

They can no longer enjoy preferential policies such as resettlement.

What does this mean?

This shows that Britain is already going to give up on Xiangjiang!

Thinking that the mature social system and future of Xiangjiang are likely to undergo earth-shaking changes, countless people began to panic.

Including a group of people who didn't panic at all before, they also began to worry about everything.

No matter how the Xiangjiang government explains, MacLehose even comes forward to explain it himself, ensuring that Xiangjiang will maintain prosperity and stability, but there is no way to eliminate the panic of the people.

When the news came, it happened to be November 1st, that is, a Sunday in Xiangjiang.

And there is no need to wait for the next day, large and small migrant intermediaries are crowded.

This was the case for several days in a row, and all the people who came asked the same question - "How can we move people as fast as we can?"

On Monday, the next day, as soon as the stock market opened, it immediately plummeted by 5.33%, and various indices could not stop plunging, which was even more severe than the previous two crackdowns on housing prices.

The stock of Jardine Matheson, which is the most stable company connected to Hong Kong, has also been unable to withstand the sharp decline, which shows that investors are worried about the future of Hong Kong.

Such a stock market crash has once again dealt a great blow to the mentality of the people.

More than 80 percent of those who have a little money and ability at home are more or less inclined to move to the people.

Now there are still preferential policies for the people, but after more than a year, you can't do anything if you want to move the people!

In particular, the middle class, which is stuck in the new nationality law and happens to be below the standard, wants to deal with the immigrants as soon as possible.

Some people think very simply, after I have applied for emigration, I have lived abroad for enough time, and then I will come back, isn't it the same?

In this way, there is an extra guarantee for your identity!

In the midst of these disturbing mentalities, the current situation in Xiangjiang in the past few days has also become a mess.

Not only is the stock market constantly falling, but even the property market, which was unstable some time ago, has also begun to fall.

On the day the citizenship law was introduced, small real estate companies began to reduce prices.

It's just that they have been selling houses at a reduced price before, so they haven't attracted much attention.

Next, the stability of medium and large real estate companies is the real shock.

Among the medium-sized and large-scale real estate companies, the first to stand up is Dachang Real Estate, which opened a new real estate project in Yau Ma Tei on the 5th, which directly dropped by 100 yuan per square foot to 1,200 yuan per square foot, and the price of second-hand houses in the same area is around 1,200 yuan, which is about the same as their new house.

Then there is Eagle Properties, one of their properties in the East Tsim Sha Tsui area also fell by 12%.

The third response was the turn of Hang Lung Group, one of the five tigers of Hong Kong's Chinese-funded real estate.

After acquiring 34% of Taohua Datong shares in Yin Jun's hands in May last year, Hang Lung Group, which holds such a large land bank in Ngau Tau Kok, has only opened two phases so far, launching more than 1,300 houses, and the utilization rate is not even 15%.

They originally wanted to wait until the house price rose again, and then slowly launch the house in order to maximize profits.

But I didn't expect that in the past two months, I have suffered setbacks in the general environment, so I have been controlling and not opening new projects.

Now seeing such a situation, they are also a little unstable, and the price of the third phase is about 950 square feet, which is no different from the 930 square feet of the second phase.

The second phase of 930 psf was launched three months ago!

In the past three months, the land price in Xiangjiang has risen by more than 10%, and some of the real estate projects that opened last month are worse than Niutoujiao, but the price has soared to 1,000.

But Hang Lung Group can't help it.

All their money was pressed on the previous land, and they still needed to raise a large amount of money to the Xiangjiang Metro Company as a deposit for bidding for the properties above the 9 subway entrances, and finally their son-in-law sold a little share in his hand and raised 500 million cash for Yin Jun to buy a building in Central, which was a big expense.

Money is being used everywhere, so naturally it will be open source.

This land of Bull Tau Kok is their largest and most valuable territory, and of course the idea must be on it.

Originally, they expected it to be $1,100 psf.

However, in the past few days, the new nationality law was promulgated in the United Kingdom, and now everyone's confidence is gone, seeing that the property market is going to decline, they finally can't help it, and the price has been greatly reduced by nearly 10%, and nearly 1,000 houses have come out, almost more than the previous two openings.

Even the level of five tiger generals like Hang Lung Group could not stand the price reduction, and public opinion in Xiangjiang was in an uproar.

Ming Pao even put out a homepage headline such as "The beginning of the collapse of housing prices in Hong Kong?".

Almost all the newspapers are predicting that with the continuous suppression of HSBC and the government, and the British nationality law in the back, the speed of immigration of the wealthy will be greatly promoted, and the houses in Xiangjiang will not sell well in the next few years.

The supply and demand market is inherently interactive, and once the demand side continues to decrease, then the supply side will definitely not be able to support it, which will lead to a big crash.

You have to say that the most popular thing for Xiangjiang people to buy is a house.

Even in such a stormy situation, even if everyone expects the house to fall, but suddenly see that the houses of these developers have generally reduced their prices by 8%-15%, and they can't stabilize all of a sudden, and they feel that this price reduction is almost over, and if they don't buy it, maybe it will rise back after a while?

In the past two years, there were often such situations in the property market in Xiangjiang in the two years of 78-79, which made those buyers quite laugh and cry.

The mentality of home buyers is very subtle, you say that they are irrational or irrational, anyway, buying a house is an impulse.

So at this time, everyone once again saw the Chinese people's urgent urge to buy a house.

On November 1, the transaction volume of second-hand and new houses in Xiangjiang was 321 units, the lowest in the year.

No. 2 was 338 units, but No. 3 immediately dropped to 305 units, No. 4 was 280 units, and No. 5 was 273 units, continuing to record the lowest number of units of the year.

But on the 6th, as Hang Lung Group joined the wave of price cuts, the situation suddenly reversed.

The transaction volume of No. 6 exceeded 400 sets in one go, No. 7 soared directly to 528 sets, No. 8 continued to be high, reaching 629 sets! No. 9 directly rose to the 700 mark, to 702 sets!

Such fluctuating and reversing data is a little incomprehensible for a while.

Many commentators who shouted before that "the housing prices in Xiangjiang will continue to plummet and fall to the level of 1978 because no one buys them and everyone holds on to the currency" were also speechless!

What's going on here?

Where did so many people come from, and where do people still have so much money to buy a house in such a grim environment?

Aren't the rich people already preparing to evacuate Xiangjiang!?