Chapter 568: The Developer's Counterattack
After several hours of "difficult" communication with all members of the table committee, everyone finally reached a consensus that they would no longer intervene in the handling of fixed assets by Minsheng Company.
Because these properties sold by Minsheng Company, strictly speaking, they were entrusted by the homeowner to deal with them, and the sales price was also recognized by the homeowner.
Therefore, this is at most equivalent to the behavior of a large housing agency, but the business volume of this "intermediary company" is a bit outrageous compared to a small county.
Minsheng Company has also determined that at the right time, it will invest some more funds and introduce investment intentions in some industries.
For the history of Minsheng Company, the relevant personnel of the local government department are still very familiar.
In just over half a year, they have established a huge circulation chain of basic living materials, which has not only benefited the local people, but also increased the tax revenue of the local government compared with the past.
When the real estate market is in a quagmire, the local government has not sold a piece of land for many years, but some basic supporting projects must be improved, which is the responsibility of the local government.
Many localities have had to issue large amounts of local government bonds to maintain normal government operating expenses.
The managers of the relevant departments also know that there have been problems with the capital chain of those developers, otherwise there would not be a huge real estate usually only a few people under construction.
It is nothing more than self-deception to tell everyone that the real estate has not been stopped, so as to avoid those buyers who have paid a down payment from gathering to trouble them.
Moreover, because the policy has increased the supervision of land that has not been developed for many years, if the policy is strictly implemented, a lot of development land may be repossessed without compensation.
Therefore, some developers use this way of grinding foreign workers to hang, hoping that they can run again and the house price will go up to a higher level, and they can make a lot of money.
However, judging from the statistics that have only come out publicly, the golden decade of real estate has passed, and there are not many opportunities for real estate prices in a county to continue to rise when the total population has peaked and is about to decline rapidly.
In such a situation, how can the managers of the housing and construction department not be clear, they are just taking people's money, eliminating disasters for others, and acting together with Minsheng Company to show them.
It's not that I didn't contribute, but that the properties handled by Minsheng Company were all entrusted by the owner of the house to deal with them.
In the case that Minsheng Company pays taxes according to the regulations, they do not have any reason not to allow these second-hand houses to be listed and traded.
Moreover, as an important local taxpayer, Minsheng Company and local environmental governance also play a vital role, so their legitimate rights and interests should be protected.
The statements of the relevant departments have completely dashed the hopes of speculators and developers.
As bank lending lines for real estate continue to tighten, developers are already stretched thin.
As a result, some of the largest local developers banded together to extend the checkout time of some of the small package foremen below indefinitely.
In order to get these projects, many places need to advance funds, if they can't get the project money on time, without working capital, all the work can not be carried out.
In particular, those contractors who spread very large and wide stalls suddenly encountered the situation that several large construction sites were in arrears at the same time, and they could not turn around at all with their own funds, resulting in the suspension of all projects.
If the project payment cannot be received on time, it will also cause a bigger social problem and default on the wages of migrant workers.
When all the working capital of the large and small contract foremen fell into the project and could not be realized, they could not pay the arrears of wages of the migrant workers.
Under the guidance of some people with ulterior motives, in the name of asking for wages, those migrant workers gathered in the vicinity of relevant government departments on a large scale to put pressure on the government to deal with this matter.
All of a sudden, a large number of migrant workers gathered outside the government gate almost every day, which seriously affected the normal operation of government departments.
In the face of a group of people of this scale, under the "harmonious" social atmosphere formed over the years, the public security organs did not dare to take any drastic actions, and could only come forward by the relevant government departments to coordinate with the developers involved in these migrant workers.
In the past, these developers had to give some face to the relevant departments, because as long as they were still developing here, there would always be a time to ask for their share.
But now, not to mention continuing to develop here, even those properties that have been launched and even the main projects have been completed, under the impact of Minsheng Company selling a large number of cheap second-hand houses, sales have almost come to a standstill.
Anyway, they are desperate, even if they still have a certain amount of liquidity in hand, they will not use it to pay for the corresponding project.
Because, in addition to those real estate projects that are difficult to realize, they only have this little asset left.
This asset is a drop in the bucket for their payables.
If you pay for this, that one will find trouble for yourself; After paying that family, this family will also find its own trouble.
Anyway, no matter what you do, this problem can't be solved, so you just don't pay for it, and a dead pig is not afraid of boiling water, so you can directly throw this problem to the government and let them have a headache.
The attitude of several major developers is surprisingly consistent: due to the large number of cheap second-hand houses sold by Minsheng Company, the funds of the real estate cannot be recovered, and they really cannot raise funds to pay for the corresponding projects.
Since it is the government department that comes forward to coordinate, of course, it is not something that the developer can send away with a sentence of "I don't have money".
No matter what the reason for your capital chain breaks, it is your developer's own business problem.
If things make everyone unhappy and this group is not handled well, we can also put aside all the circumstances and do things in full accordance with the way of "governing the country according to law".
Don't you have a real estate? The big deal is to mortgage these assets to those migrant workers, or use them to pay the wages of migrant workers after auctioning.
Of course, the price of this auction is not up to you, if you sell for a lot of money, and if there is any surplus after all the debts are disposed of, the excess will still be returned to you.
If the money from the sale can't pay off those debts, they will still ask you for an explanation.
It's just that this kind of handling is not a procedural way that can be solved in a short period of time, and those migrant workers don't care about this, they only know that I have done my work and should be paid.
So, unless it's a last resort, the government, the developer, and the contractor are reluctant to take that step.
If the disposal of these assets enters into the legal process, some of the results are beyond one's control.