House prices have actually dropped!
This is undoubtedly good news for those who just need to buy a house. However, although the good news comes, not all those who just need to buy a house will take action immediately.
People are like this. Now that they see that the house price is cheaper, they want to wait and see if it can get cheaper again. After all, even if a square meter is reduced by a hundred yuan, you can save a lot of money. This mentality has undoubtedly reduced the number of home buyers.
Falling house prices are good news for home buyers, but obviously not a good thing for real estate developers, because there is no possibility of small profits but quick turnover.
The previous investment was actually about where the land price was when we got the land. Even if we wanted to keep the bottom price low with small profits but quick turnover, it would not come down at all.
It was discovered that banks were tightening their financial resources, and several strategies were introduced to cool down the real estate market. It has caused many real estate developers to complain endlessly.
But if nothing goes wrong at this time, many people can grit their teeth and wait for a year and a half to continue racing.
But suddenly there is a chain reaction of rising and falling real estate prices. Undoubtedly, this is a severe stab in the waist for many real estate developers who are gritting their teeth. The breath he had been holding forcibly was released in an instant, and he was bleeding profusely after being stabbed by the knife.
"How dare, how dare he do what he did? Does he want to be an enemy of everyone?" Li Changze's heart dropped when he looked at the report in his hand. He thought that he had had objections to his father's conservative approach before, and felt that his father was really ancient. Got it.
But now we see that although there is no avalanche of real estate in the mainland, the prices of hurricane construction have been reduced first under the slogan of responding to the national call. In an instant, half of the real estate developers who could have lasted for a while were killed.
If he sticks to his previous opinions, he will directly use money to seize the rich industry by relying on the great industry of Changhe Industrialists. Then it is very likely that several projects in the mainland will directly become the prey of others due to financial reasons.
"There's nothing daring. If I were sitting in his position and had the capital, I would do the same thing. But it's definitely not as decisive as what he did." Li Chaoren couldn't help but say with emotion.
In fact, although the slogan of Hurricane Construction is loud and loud, by doing so, it is undoubtedly causing public outrage and taking risks. However, this incident happened to coincide with the fact that the country was preparing to vigorously rectify this kind of behavior of borrowing chickens to lay eggs.
And now the real estate developers who are about to go to parties and jump off the building are undoubtedly the masters of borrowing money to lay eggs. Therefore, with the support from above, even if the building commits a public outrage, it can rest easy.
In other words, as long as the above policies are not violated, the building can definitely protect itself even without the help of this wind and hurricane building. Because the people dealt with this time are all speculative people, and it has not affected ordinary families.
At this time, there are still many remnants of the traditional thinking of domestic consumers, so borrowing to buy a house is the maximum possible. As for off-plan housing, it is only available in a small area.
Therefore, even if many real estate companies hit by Hurricane Construction are likely to reach the peak of bankruptcy in the next two months. But because there is land, there are ongoing construction projects, and even the completed communities have paid off the debt.
The losses on the bank's side are within controllable range. Apart from the impact on ordinary families buying off-plan houses, it will not affect other families buying houses.
Therefore, as long as it does not cause social unrest, the higher-ups still have a good impression of companies like Hurricane Construction that take the initiative to help the country.
As for the real estate developers it offends, Hurricane Construction can be domineering and not care. Because Hurricane Construction is the leader in this industry, and Yang Dongxu has a strong background.
Those real estate companies that can compete with hurricane construction will naturally be able to solve this dilemma.
At most, some of the losses are far from bankruptcy, so they will not fight the hurricane construction. Those who are not even qualified to sit at the table and talk to the hurricane building will just clean it up. They can't. What about the hurricane building?
So it is certain that we will be scolded. Let's unite to deal with hurricane buildings and just think about it in our hearts. If you really take it out and prepare to call it out, others will probably agree verbally and then sell you out.
After all, a company's bankruptcy may be distressing, but if normal procedures are followed, some capital may be retained to make a comeback. Are you really going to compete with Hurricane Construction? Hurricane Construction is checking your background. Is there any company that went bankrupt because of the slightest tightening of funds by the bank? Is there a clean ass?
One is to endure the anger and save some capital, and the other is to have close contact with the cell. Anyone who is not mentally ill knows how to choose.
"Why did he do this?" Li Changze felt that his heart was still a little trembling. When he thought that his father was not personally controlling this matter and following his previous plan, he couldn't help but sweat on his back.
"Shuffle the cards!" Li Chaoren narrowed his eyes, a ray of light reflected in his eyes.
"Shuffle the cards?" Li Changze was stunned for a moment.
"Shuffle the cards, with the help of this national policy shuffle. In fact, mainland real estate is only overheated, although there are big companies like us behind it.
The group of small real estate companies cannot be ignored. In many places, they are even more unscrupulous than us. So much so that it feels like housing prices are going out of control.
Among the large and small real estate companies in the Mainland, you can count only a few that can be called giants on one hand. Including Changhe Industrial, together with these giants, they control about 40%, or even only a little more than 30%, of the mainland's real estate market.
More of the real estate market is controlled by small companies set up at the municipal level by local gangsters using personal connections.
Because such a small company has a local background, the relationships behind it are complicated, so it is difficult to rectify it. So this time, the stabbing of Hurricane Architecture is something the higher-ups are happy to see.
It was a good opportunity to clean out these small, uncontrolled and out-of-control real estate companies, and then strictly review local bank loan funds. Basically, it can be said that the real estate industry has been rectified with good results at the minimum cost. "
"After the rectification, those small real estate companies went bankrupt, and the land and unfinished projects were used as collateral to the banks to repay the loans. It can't be unfinished, right? Does Hurricane Construction have such a big appetite to eat up all these projects? ?" Li Changze frowned.
He felt that what his father said made sense, but Yang Dongxu was undoubtedly playing with fire this time. Although the people involved this time are ordinary families who want politics from above, not too many are involved. But if so many projects are unfinished because these companies go bankrupt and cannot proceed, it will definitely be enough for Yang Dongxu to drink a pot.
"Hurricane Construction can't afford it alone, but aren't there other giant companies in the country? This time we have been held back by the wealthy industry and have no extra money to invest. Other giant real estate companies will obviously not let this opportunity go.
So Hurricane Architecture just started, and then took away its own piece of the big cake. Naturally, there are fishy sharks in the back to carve up other parts.
At the same time, the state regulatory bank is internally digesting a batch. Basically, this rectification may seem miserable for the bankrupt companies, but in fact the process will be very peaceful and there will be no big commotion in the end. "
"Didn't those big companies secretly discuss with us before, saying that they would resist the housing price without lowering the price? They said that they would only resist for half a year at most. It is impossible for the higher-ups to keep strict control on the real estate sector. Now they just turned around and followed the hurricane construction. Behind you?" Li Changze curled his lips.
However, Li Chaoren did not answer his son's question this time, because as long as you look at Li Changze's facial expression, you can tell that although he is mocking, he is actually unconvinced that Yang Dongxu has once again taken advantage of him.
Although he was asking, he actually knew the answer. As long as they have interests, it is certain that these people are shameless, not to mention that this is still the current control policy from above.
If there were no troublemaker like Hurricane Construction, maybe these big companies would join forces to fight. Now that Hurricane Construction has begun to take away a big piece of the cake, they naturally want to eat more of the leftovers.
After all, it seems that they will lose a lot of money due to the price reduction, and if the funds are not recovered in time, there will be a risk of the capital chain collapsing. But as long as we get the projects that were mortgaged to banks after the reorganized companies went bankrupt, our strength will not decline but will actually increase.
From the beginning, preparations for a joint fight against the epidemic required a period of tight living and austerity. However, everyone had good expectations about how long it would take and how the real estate industry would recover after this period of time, but they had no confidence in their hearts.
Maybe the recovery time will not necessarily last for a year and a half. In this case, coupled with the above-mentioned control time, maybe two years will pass.
Now that we are undertaking the project of reorganizing the enterprise, we will need to be frugal over a period of time. The former will definitely displease the superiors, while the latter may even get some preferential policies from the superiors. Anyone with a sound mind knows how to choose.
"He doesn't dare to mess around in Hong Kong, right? Now that Hong Kong's real estate has just recovered, neither Hong Kong nor the mainland's top leaders will allow anything that affects Hong Kong's economic recovery to happen." Li Changze, who was feeling angry, slowly calmed down. .
"Then it depends on whether we move or not." Li Chaoren said.
"He really dares to understand housing prices in Hong Kong?" Li Changze had a look of surprise on his face, and then he tasted the flavor of his father's words: "He wants to help the rich family?"
Hong Kong real estate companies are not as complicated as those in the Mainland. They are basically controlled by a few companies. Therefore, if Yang Dongxu wants to take action in Hong Kong real estate, he will be targeting the Li family, which has been making frequent moves recently, and targeting the Li family is undoubtedly equivalent to helping the wealthy family.
Li Chaoren, who originally looked calm, glanced at his son, with some relief in his eyes. Angry as hell, at least Li Changze can analyze problems rationally, which proves that he has matured a lot compared to before.
"It doesn't have to be to help the rich family. If he wanted to help the rich family, he would have done it long ago. Even now, as long as he is willing to come up with a sum of money, he can still keep the rich family. Since he didn't do this, the relationship between him and the rich family has officially ended. , will not help the rich."
"Then what does he want to do? The report mentioned that hurricane construction has been taking place in Hong Kong recently."
"I want us to give him a piece of the rich cake we got."
"Why!" Li Changze raised his eyebrows and his voice instantly rose an octave.