！？！？！？

When Zhang Chen just said that this plan was operable, Li Wanshou still had pride on his face, but he didn't expect Zhang Chen to turn his words around and directly target the Xiangjiang real estate model, so he almost didn't say that this plan would bring disaster to the country and the people.

For any ordinary businessman, even in front of Yang Zhuping, Li Wanshou would have to squirt this person wildly.

Just a little businessman, you know a fart!?

But for Zhang Chen, Li Wanshou really can't follow his own temperament.

Not to mention that Zhang Chen came with Yang Zhuping, let's just say that the huge financial resources shown by Zhang Chen in this flood relief far exceeded Li Wanshou's expectations.

For this kind of businessman who is rich and rivals the country, in this era, even provincial-level cadres will bend their minds to welcome him, not to mention Li Wanshou, the number one leader of a prefecture-level city at the department and bureau level.

Mr. Zhang seems to know a lot about the real estate model of Xiangjiang, and this plan does draw on some of the successful experience of Xiangjiang, but also makes some adjustments to the situation in the mainland. Since Mr. Zhang is so familiar with the real estate model of Xiangjiang, he should know that the housing commercialization reform vigorously promoted by the state was born out of the real estate system of Xiangjiang. This system has been running in Xiangjiang for decades and has achieved great success. Is it an exaggeration for Mr. Zhang to say that this system may trigger the deepest crisis in China in more than ten years?" Li Wanshou had a relaxed smile on his face, since he dared to boast in front of Yang Zhuping, he obviously had put in a lot of effort, not a pure administrative bureaucrat.

If this policy is so successful, then why did Chief Executive Tong implement the 80,000 Five-Year Plan? If it is really so successful, how can Xiangjiang become the city with the highest housing prices in the world today? How can it be tied up by real estate? How can hundreds of thousands of people live in subdivided units of less than three square meters?" Zhang Chen's eyes flashed, and he asked several rhetorical questions in succession, each of which made the embarrassment on Li Wanshou's face a little heavier.

Anyone who has been reborn since 20 years later knows that real estate has seriously kidnapped the Chinese economy and become the most unstable factor for China's sustained economic growth.

But not everyone can understand how real estate has kidnapped China's economy, and how housing prices have been pushed to such a terrifying price.

In fact, this matter is not difficult to understand, just look at Xiangjiang, which has just returned to the mainland.

The mainland's real estate policy has almost completely copied the real estate model of Xiangjiang.

Land Finance, Bidding, Auction and Listing Policies, Mortgage Loans, Pre-sale of Off-plan Housing。。。。。。 Even the shared area was learned from Xiangjiang.

Before 97, the land in Xiangjiang also belonged to Hong Kong British Gov, and Hong Kong British Gov sold the land to real estate developers for development through land bidding, auction and listing, and real estate developers contributed high land transfer fees to Hong Kong British Gov, and these huge land transfer fees naturally went into Gov's pocket and became part of Gov's financial revenue, and it was the most important part.

Any organization lives within its means, earns more, spends more, and its budget will naturally continue to rise, so that its dependence on land transfer fees will be stronger.

As a result, Xiangjiang Gov will naturally sell the land more expensive, and the more expensive the land price, the more expensive the house price will naturally be.

In order to prevent property prices from falling, Heung Kong GOV strictly controls the amount of land sold each year. Everyone thinks that Xiangjiang is a small land, every inch of land is expensive, and there must be no extra land to build buildings. In fact, Xiangjiang has land, not counting the vast and sparsely populated New Territories, even if Xiangjiang Island wants to accommodate another million people, it is more than enough.

Therefore, under the strict control of the Hong Kong government, the price of land in Xiangjiang remains high, not counting the houses in the core area, the price per square foot exceeds 20,000, and the average house price deserves to be the first in the world!

What about real estate developers? Real estate developers are not stupid, land prices are so expensive, and the risks are so big, don't they know? Instead of developing in a place where the cost of Xiangjiang is so high, why not go to other countries?

Almost all of Xiangjiang's capital predators are engaged in real estate.

Whether it is the Guo brothers, Zheng Yutong and Li Zhaoji, all of them made their fortunes by real estate, and even Li Chaoren, the former richest man in Xiangjiang who did not rely on real estate, can win the throne of the richest man, and also rely on the real estate business of Hutchison and Yangtze River.

If all the money is made by GOV, how do real estate developers grow?

Speaking of which, it is necessary to say that Xiangjiang's other original real estate system - off-plan pre-sale, which is the so-called sale of real estate.

In fact, in all countries in the world, there are almost no pre-sale houses, they are all built and sold. Only Hong Kong creatively allows real estate to collect deposits and advance payments from buyers before building a house, or even before building a house.

Not only that, after receiving the advance payment from the buyer, the real estate developer asked the buyer to take the purchase contract and apply for a mortgage loan from the bank, and after the loan was approved, the money went directly into the real estate developer's account. Buyers have borne high interest rates for decades, and real estate developers may not have even dug up the soil, and even the principal and interest have already recovered the money.

This is not only a book of ten thousand profits, it is simply a thousand profits!

When business is good to this extent, the industry is destined to enter a snowballing period of rapid growth, and countless hot money in society will pour into the real estate industry. At this time, the price of land is speculated again, and the house price is of course higher.

The influx of hot money also follows the Matthew effect, and the big real estate developers are getting bigger and bigger, and eventually, it becomes a complete monopoly of the real estate development industry by several large real estate developers, if it is just like this, it is actually not terrifying.

The horror is that in this process, the real estate industry has tied up the entire financial system.

The higher the land price and the higher the housing price, the greater the amount of capital entrenched in the real estate industry, and the more the real estate industry is like a pumping machine, sucking up the capital in the society.

When financial capital is completely tied to real estate, large real estate developers have the capital to bargain with the Hong Kong government.

In fact, the Hong Kong government has long been aware of this problem and wants to focus on solving it, but the problem is that no one in Hong Kong can afford the consequences of a complete collapse of real estate!

The collapse of the real estate industry and the collapse of housing prices are completely different things, and it doesn't matter if the housing prices collapse. Because the real estate developer has collected all the money before building the house, the risk has long been passed on to the people and the bank, and although the entire industry will have a negative impact, it will not collapse yet. But if the industry collapses, hehe, it's really the end of the world.

Think about it, one-third of Xiangjiang's financial capital is directly tied to the real estate industry, plus upstream and downstream and curve financing, this proportion will only be greater!

The 2008 subprime mortgage crisis was so dangerous, and the growth rate of US GDP was only -2.78%, that is, if GDP fell by 2.78 points, it was already an economic crisis that swept the world, and what if it fell by 30%?

Who can afford it?

At least the Hong Kong government can't afford it.

Therefore, the Hong Kong government can only continue to drink to quench its thirst and survive first. Ordinary people can only live in cage-like subdivided units, and the living environment has not been improved.

Of course, after the return, with the support of the mainland, Tong Xinhua still wants to change this status quo.

As a result, there is the 80,000-5 plan, which is currently being drafted.

(End of chapter)