819 [Real Estate Bubble]
Before the summer acquisition, Wenhe Group was a listed company that made a living by leasing properties and issuing new shares. Pen @ fun @ pavilion wWw. biqUgE。 info
The Wen family holds all the important positions in the company, sucking the blood of shareholders and the company at the same time, but they don't care about how to develop the company, so there is no talent accumulation in this area at all.
After the acquisition of Wenhe Group in the summer, it did not receive decent talents, so if you want to learn from Li Jiacheng, Guo Bingxiang, Zheng Yutong, etc., no one will use real estate development. In addition, he is not interested in the real estate industry, so he is even more reluctant to use his brain to develop it, and only hopes that it will be profitable.
"There is no talent to recruit, no experience to learn. I don't think the price of real estate in Hong Kong will fall in the next 10 years. Xu Feng said firmly.
"Professor Xu, why are you so sure?" Chen Yixin asked suspiciously.
"Because the British government in Hong Kong will not let it fall. Xu Feng smiled mysteriously.
When I heard it in the summer, my eyes lit up.
Chen Yixin is still ignorant, "Why doesn't the British government in Hong Kong want real estate prices to fall?"
Real estate prices have always been controlled by a few major real estate developers, and he really doesn't understand what role the British government can play.
"Because Hong Kong is going to return to the mainland in '97, if you were the British government of Hong Kong, would you be willing to return a thriving Hong Kong to the mainland, or would you like to give them a Hong Kong full of hidden dangers?" Xu Feng asked.
Chen Yixin was stunned for a moment and thought for a while, "If I were the British government of Hong Kong, I might return a tattered Hong Kong to the mainland." "Since it's not your own, you can toss it hard and throw a hot potato to the mainland.
"That's it. Therefore, speculating on housing prices, raising it to an unreasonable stage, blowing up the property market bubble bigger and bigger, making all Hong Kong people crazy about the property market, crazy to buy houses, not hesitating to take loans, not hesitating to use all their net worth to buy houses, hoping to make a fortune. At that time, the interests of all Hong Kong people will be closely related to the property market. ”
In '97, the British government of Hong Kong returned Hong Kong to the mainland, and then burst the bubble in Hong Kong's property market. At that time, housing prices plummeted, and millions of Hong Kong people took all their net worth to buy houses that could not be repaid by bank loans, and they turned from homeowners to negative equity, and finally had to go bankrupt. Who do you think they will blame? Will they blame the British government in Hong Kong, which has always given them hope, or will they blame the mainland, which has punctured their dreams?" Xu Feng explained.
"Wow! This trick is really poisonous!" Chen Yixin was so frightened when he heard this.
If it is really as Xu Feng said, if the British government in Hong Kong does this, then millions of Hong Kong people will suffer. Many people's life savings are likely to evaporate like this, which is really terrible!
"Mr. Xu, this is just your family's words. Not to mention whether the British government in Hong Kong will turn Hong Kong into a 'stinky port' and return it to the mainland, even if it does so, it may not be able to use its brains in real estate. Like the stock market, banks, people's livelihood facilities, etc., you can do it. Zhao Shikang, the general manager of China Coal, was a little unconvinced.
"I didn't say that the British government in Hong Kong would not do anything in the stock market, banking, people's livelihood, etc. However, the real estate industry is the easiest place to do it, because all the land in Hong Kong is, in principle, owned by the Queen, and the most important resource for developing real estate is land. As long as the Hong Kong government controls the auction of land, it will be able to make the price of existing land skyrocket. Because things are vaguely precious!" Xu Feng explained.
"The most important thing in real estate is capital. As long as the Hong Kong government lowers the interest rate on bank loans, the real estate industry will definitely be affected. And we all know that HSBC belongs to the United Kingdom, and it also accounts for half of the deposits in Hong Kong. If it releases these deposits, the Hong Kong property market will be like a pig that has eaten a fattener, and it can go to the sky. Xu Feng added.
Hearing him say this, although Zhao Shikang still didn't want to believe it, he had to admit that he did make sense. If the British government in Hong Kong really wants to do something to Hong Kong, it is really possible to start in the real estate sector.
"Brother Tian, what do you think?" Chen Yixin asked Xia with some trepidation after listening to Xu Feng's words. He really couldn't believe that what Xu Feng said was true, if that was the case, it would be no less than the end of the world for Hong Kong people.
Summer smiled slightly and applauded Xu Feng, "Professor Xu, Gao Jian!"
Xu Feng is different from him. He came through time and knew that Hong Kong would encounter the Asian financial crisis in '97, the property market would plummet, and many people's life savings would be evaporated, and countless people would burn charcoal, jump off buildings, and go bankrupt.
In "Golden Rooster" played by Wu Junru, there was a reaction to this incident. At that time, there was a lot of unemployment in Hong Kong, and even the economics expert played by Liang Jiahui had to queue up to find a job, and Zeng Zhiwei didn't even dare to go back home because of negative equity, his wife also ran away, and his son also ran away, and he was forced to rob ......
Even big stars like Cao Charli and Zhong Zhentao originally had more than 10 million of their own families, but they also went bankrupt because of property speculation, and their life savings came to naught.
Xu Feng researched it himself, and he was able to study it so thoroughly, he was really a talent, and he was worthy of inviting him over at a high price.
"I think Professor Xu has a point. Summer nodded.
"Brother Tian, do you think this will be the case too? The British government in Hong Kong won't really be that bad, right?" Chen Yixin couldn't help but be startled when he heard that Xia all agreed with this opinion.
"Yixin, you have forgotten what Britain relied on to start, colonization, poisoning, smuggling, and slave transportation...... These are all things that hurt nature and reason. So how much more discipline do you think they have to have?" said Summer, spreading her hands.
......When everyone present heard this, they were stunned at first, and then they all nodded.
They still remember how the British government in Hong Kong oppressed the people of Hong Kong more than 10 years ago, indulged in corruption, and harmed Hong Kong.
For example, the former Chief Superintendent of Hong Kong Police, Godber, actually embezzled a huge sum of more than 4 million Hong Kong dollars, while a 1,000-square-foot house in the urban area was only 20,000 Hong Kong dollars at that time; Lu Le, one of the four major detectives, embezzled 500 million Hong Kong dollars and was known as the "500 million Inspector"; Ma Xizhen and Ma Xiru, one of the four major families of Hong Kong gangsters, smuggled more than 1,000 tons of elegant films into Hong Kong in total, all because of the collusion of the police and bandits, and I don't know how many innocent Hong Kong people were victimized......
Therefore, the British government in Hong Kong will 100 percent return to the mainland a terminally ill Hong Kong that is full of hidden dangers. At that time, the mainland will be equivalent to carrying a big burden on its back.
If Hong Kong is left to fend for itself, then the whole Hong Kong people will feel that the mainland is ruthless and will think that the return to the motherland is a mistake. And Macao and Taiwan, which have not yet returned to the motherland, will also have doubts at that time. The whole world will also wait to see what the mainland does and how it will turn a "Hong Kong" into a "stinky port."
And if Hong Kong is to be saved, with the mainland's financial resources, I am afraid that it will have to hemorrhage. You must know that in '97, the economy of the mainland was not too developed. Hong Kong's GDP in '97 was $177.4 billion, while the mainland's GDP was only $962.5 billion, only five times that of Hong Kong. Therefore, if Hong Kong's prosperity and stability are to be maintained, the mainland will really have to hemorrhage. In fact, the mainland has indeed given a lot of blood to Hong Kong.
"Brother Tian, their way of doing this is really bad, we can't let them do it. When Chen Yixin heard this, he said indignantly.
In doing so, the British Government of Hong Kong is clearly causing chaos in Hong Kong and harming the general public, which is really extremely hateful. We should talk about this incident and remind the citizens so that they can see the true face of the British Government in Hong Kong! Don't be deceived!
"Even if you don't let it do that, what else can you do?" said Summer, shaking her head.
This matter has not been solved, because people are using it as a conspiracy, and it is bright and bright.
There is plenty of land in Hong Kong and there is a lot of land available for development in the New Territories. But the British government and big real estate developers in Hong Kong have joined forces to secretly fund some environmental groups, saying that they want to protect the environment, not allow the development of those lands, and reserve a green space for Hong Kong.
Protecting the environment is a very correct thing, and no one wants to live in an environment with clear water and blue sky, so no one will not support it. And once supported, the land in the New Territories will not be moved. Land on Kowloon and Hong Kong Island is limited. The so-called things are vaguely expensive, and it is strange that housing prices do not rise!
In addition, it is also a normal business practice for banks to lower interest rates. Lowering interest rates can stimulate Hong Kong's economic development, and no one would want to. Ordinary citizens hope that bank loans are lower, and they have enough money to go shopping, buy houses, buy cars, and improve their quality of life.
So a conspiracy like this can't be cracked at all. Unless you're more powerful than that.
"We can use the media to publicize the conspiracy of the British government in Hong Kong!" Chen Yixin said, "and the citizens will definitely be alert when they know about this." Then they will not be deceived, and the conspiracy of the British government in Hong Kong will be bankrupt. ”
"It's useless, Mr. Chen. When Xu Feng heard this, he waved his hand and smiled.
"Why? You haven't tried, how do you know it's useless?" Chen Yixin frowned when he saw him say this, and asked unhappily.
"Everyone knows that smoking is bad for health, but how many people smoke on the street?" Xu Feng smiled slightly, "People have a fluke mentality." Even if they know that this is a conspiracy, many people will not be able to resist tempting or insisting on being fooled. Because they believe that as long as they are smart enough to leave early, not only will they not get hurt, but they will also be able to make a lot of money. ”
"This ......" Chen Yixin couldn't help but be stunned when he heard it.
"Yes. If people knew that housing prices would continue to rise until 97 years before falling, not only would no one quit, but I am afraid that more people would participate in property speculation. Summer nodded as well.
In the previous life, there were also a lot of real estate bubbles in the mainland, especially in first-tier cities such as Beijing, Shanghai and Guangzhou, and the price hikes were extremely unreasonable. The government and experts also say that there is a bubble, reminding property speculators to invest cautiously, but the more they are reminded, the more housing prices rise, and they can't stop it at all. (To be continued.) )