My grandmother's first fancy to Fujiwara Miki came from her heart and infatuation. After so many years, the other party has not changed at all. It's good to let her officially become her granddaughter-in-law.

My grandmother made a final decision in her heart, but she did not say it explicitly: "Just recently, the news said that the largest real estate company in Chinese mainland directly showcased its cards and came up with a financial report that had been delayed for 2 years, and the debt was as high as about 2.44 trillion soft sister coins, that is, more than 300 billion US dollars."

Of that amount, more than $20 billion comes from foreign investors. Miki, you are studying business at Waseda University. What do you think about this? ”

Miki Fujiwara really didn't expect her to ask herself such a question. Although I didn't have any preparations, I heard some from Kentaro Miyamoto.

Fujiwara Miki said with a serious expression: "In my personal opinion, this seems to have become an inevitable phenomenon in the process of economic development of a country.

In the early nineties of the last century, Japan had already experienced the bursting of the real estate bubble. This incident has caused a psychological shadow for many Japanese people.

Chinese mainland's economy has been growing at a high rate for about two decades, and it is almost over. No country in the world has been able to sustain high economic growth.

In other words, it is implemented in real estate, and there is no such thing as only rising and not falling. If it only rises and does not fall, it is completely inconsistent with the laws of the economy.

It's not just Chinese mainland real estate that's going wrong, but South Korea's real estate is also going wrong. The thunderstorm of all rental houses in South Korea has led to a sharp decline in the entire property market in South Korea.

Even with Gangnam undefeated, the housing prices in Gangnam District, Seoul have also shown a very obvious downward trend. As long as the economic environment of the whole world does not improve, and the Federal Reserve and the European Central Bank continue to raise interest rates, I am afraid that the property market still has a lot of room to explore.

Even if there is a property market crash, it is not impossible. It depends on how the government responds. Japan took the initiative to puncture the bubble and make a hard landing. ”

The grandmother looked at her grandson and said, "Kentaro, you can tell me about it too." ”

Kentaro Miyamoto smiled and said, "Miki is finished, what else can I say?" ”

The grandmother blamed: "Why don't you care about this child? The Miyamoto family is Japan's largest developer of construction. This business also includes real estate development.

What did this inspire you to do? Or do you see something else in it? Such a tragedy could never have happened in Miyamoto Construction. ”

Kentaro Miyamoto said categorically: "No, it will never happen." As far as I know, the starting capital of the largest real estate company in Chinese mainland is only 3.9 billion soft sister coins.

It uses a lot of financial leverage and other means to expand blindly. In my personal opinion, it's a complete gamble.

This is not an afterthought. Among the top real estate companies in Chinese mainland, there was no such company in the first place.

From small to large, and then from large to strong, there is no overnight success. After that, the key to the emergence of this real estate company lies in the so-called moving against the trend.

On the one hand, this is because prescient real estate companies, such as Vanke, have already begun to reduce the relevant direct development and investment in real estate, and even proposed that the good days of real estate in the future have passed.

Vanke has strategically shifted its business focus, thereby increasing its focus on property management, old city renovation, and unified rental housing. In his view, this is the new growth direction of corporate profits in the future.

This will inevitably reduce competition among peers, especially in land acquisition. On the other hand, the real estate companies that are aware of the hindsight. They noticed that something was wrong, so they immediately launched various price reduction promotions to monetize.

To put it bluntly, before the ship sinks, jump out of the boat to escape, after all, only by surviving can there be hope. Otherwise, everything is.

These real estate companies will inevitably reduce the number of land acquisitions, reduce bank loans, etc., so as to make the land easier to obtain and cheaper.

Moreover, this real estate company also made a major strategic mistake and chose to diversify. From the perspective of the world, there are not many companies that have really done a good job of diversification.

Our Miyamoto Construction has been developing for so many years, even if it has become the No.1 construction company in Japan, it still has not engaged in diversification. ”

When my grandmother heard what he said, she smiled and said, "It seems that you still pay attention to related things!" It's not that we at Miyamoto Construction don't want to diversify, but we lack such a leader.

Not only your father, but also many of Miyamoto Construction's top management and shareholders have high hopes for you? ”

Kentaro Miyamoto didn't want to work in specific management, so he pretended not to understand, "I'm a man who aspires to be an investor." Real estate investment has historically been an option in a portfolio.

Even if you don't invest in Chinese mainland real estate, there will still be individuals or institutions investing in real estate in South Korea, the United States, Canada, Australia, and Singapore...... Real estate in other countries.

It's just that I've never been interested in real estate. Because I am a long-time fan of ACGN culture, I tend to focus on the game and entertainment industry.

Whether real estate in Chinese mainland is a soft landing or a hard landing, it has nothing to do with me. I don't have any investment in it. ”

Grandmother shook her head and said, "You kid, every time you talk about this matter, you talk about him." ”

Kentaro Miyamoto didn't joke either: "My dad is still in the prime of life, and if he works for a few decades, he won't have any problems."

What's more, he still wants to continue his work. If I really want to forcibly take over, it will be tantamount to forcing the palace, and things will become extremely complicated.

I don't want to get in discord with father and son. Grandmother, it's not like you don't know that my relationship with my mother has long been on the same page. If the father and son are discordant again, our family will ...... Hey, let's not talk about it. ”

Seeing that there were no outsiders here, my grandmother said in her heart: "It's not necessarily true to say that you are a high-sounding excuse. Are you so reluctant to take over? ”

Kentaro Miyamoto grinned and said, "Am I not good now?" It's not that there is no money, it's not that it doesn't have a career, and it's not that it has no direction. ”

My grandmother couldn't help but show disappointment on her face and said, "No matter how much I persuade you, how many times you add it up, you are still so indifferent. ”

Kentaro Miyamoto smiled and said, "There is only one life, and I just want to choose my way of living." ”

(End of chapter)