A miracle at the beginning

Chapter 1149: Prosperity Event: Subprime Crisis

Fang Yumeng laughed sweetly and stood up to pour hot water into her husband's teacup. Her smile was full of admiration.

Frost behind her gently twisted her hair, her eyes thoughtful, while Ling'er excitedly took notes and digested the knowledge.

Seeing that everyone was looking at him with admiration, Luo Yu smiled lightly, with a little pride in his expression.

[Tip: It is detected that your policy is effective, and it has initially solved the contradictions among the people and alleviated the energy crisis]

[Reward: Yuzhiguo Prosperity +2000]

[Tip: If your policy achieves better results in the future, the system will add prosperity rewards]

"Yumeng, this kind of random event rewards are quite generous. I gave 2,000 prosperity."

Luo Yu's voice was a little surprised.

"Two thousand! This is almost the prosperity of two small cities."

"It seems that the importance of internal affairs is no less than that of expanding territory!"

Fang Yumeng stood up excitedly, took Luo Yu's hand, and said with a brisk smile: "Don't sit here, let's go around, maybe there will be random events?"

"I want to learn more about your ideas of governing the country, let's go!"

The summer sun was a bit dazzling, and the four people walked on the roof of the building, occasionally jumping, so as to avoid causing a large-scale sensation.

"Boom!"

Thunder sounded in the distant sky, Luo Yu turned his head and looked in that direction. The sky was clear and there were no rain clouds gathering in that direction.

While he was surprised, Fang Yumeng beside him asked curiously: "Husband, there is a queue of dozens of meters long at the door of the bank. Are they all here to deposit money?"

"Are you all so rich?"

Luo Yu followed Fang Yumeng's gaze and saw that the tall Jinyuan Building was only separated from the luxurious Yucheng Bank by a road.

At this time, there was a long queue on the road, and bank employees were maintaining order.

"Ling'er, what's going on?"

Luo Yu was also very curious.

Everyone looked at Ling'er, and the little princess said, "In order to stimulate home purchases, the court and the bank have recently jointly introduced new policies."

"If it is a home purchase loan, you can apply for a repayment period of more than 50 years, and the loan interest rate is reduced to 4%"

"The court simultaneously announced the infrastructure project, and there is no plan to increase the residential area. The people believe that the population of Yu City will increase, and the housing area will not increase, so the housing price will definitely soar, so they all take out loans to buy houses."

"After the financial data of this month is reported, it will definitely be an astonishing increase."

Ling'er said with a smile on her face. If it is as she said, then the bank will earn interest from this move, and the court can borrow more money, and infrastructure, military expenses, and official welfare can all be raised.

It can be said to be a win-win situation.

"Loan to buy a house?"

Fang Yumeng looked at the excited crowd in the distance, with a trace of worry in her eyes.

"If the people put all their money into the real estate industry, the monthly mortgage will be tight, which will greatly affect their consumption capacity."

"By then, the catering, tourism, culture and other consumer industries will shrink, enriching the wallets of some people, but affecting the national economic development."

While speaking, Fang Yumeng found that Luo Yu also frowned slightly, sighed lightly, and then said: "Financial capital wants to earn more interest, the court wants more projects to show your political achievements in front of you, and the people want to raise housing prices to increase their wealth."

"The three parties push up housing prices together, seemingly benefiting together, but if the increase in loans and housing prices is no longer in a reasonable range, it is easy to form a financial bomb."

"One day the bubble explodes, the people stop paying, and the bank cannot bear such a large amount of bad debts."

"What follows is a sharp drop in housing prices, the depositors' money disappears, there will inevitably be turmoil on the social surface, the court will be overwhelmed, and the entire country may collapse at any time."

While speaking, Fang Yumeng looked serious, vaguely describing a terrible future.

"It's over... The bank and the court have gone to the wrong flag!"

"Father... Father, what should I do?"

Ling'er's face turned pale, tears welled up in her beautiful eyes, and she eagerly pulled Luo Yu's hand. She was really anxious.

[Territory random prosperity event triggered: Please prevent the possible outbreak of the subprime mortgage crisis]

[Reward: According to the degree of resolution, prosperity rewards will be given]

[Hint: If the real estate bubble cannot be resolved, the subprime mortgage crisis will inevitably break out. According to the degree of disaster, prosperity will be deducted]

Luo Yu, who was prompted again, looked calm.

"The prosperity ended in vain, and the bright and beautiful capital also hides invisible dangers."

"The version update has introduced a random prosperity event in a timely manner. This is for us trialers to check ourselves and prevent it before it happens."

"The quality of the way of heaven is not always low."

The hand felt Ling'er's little hand trembling slightly, and turned his head to look at his wife, daughter, and maid looking at him eagerly.

He squeezed his baby daughter's hand and said softly, "Don't be afraid. This is a necessary stage for the country's development. It's just a small problem."

"Hmm..."

Ling'er nodded gently, and her mood eased a little.

Fang Yumeng beside him pondered for a while and whispered, "Husband, why don't we change the court's plan and build more houses? At the same time, Jinyuan Building will introduce policies to limit purchases, sales and prices."

"Maybe the crisis can be avoided."

Looking at his wife with a frown on her eyebrows, Luo Yu nodded and smiled, "These policies are naturally useful, but they can't solve the problem from the root."

"Housing speculation is a kind of profit speculation. There are so many gamblers on the World Channel. When have they ever stopped?"

"The demand for real estate speculation cannot be solved at the physical level. Only by changing the people's cognition from the root can we avoid the collapse of the real estate bubble."

As he spoke, he tiptoed and gently jumped onto the rooftop of a nearby building. According to the plan, the next stop was the college.

Fang Yumeng and the other two followed lightly, chatting as they walked.

The wind on the roof was a bit strong, and the long hair of the girls around him moved with the wind. Luo Yu looked at Ling'er and said softly: "Daughter, tell the court to allocate one-tenth of the budget to build new houses, and at the same time spread the word that property tax may be levied at any time."

"There is another paragraph. After you go back and polish it, convey it to all the people in the name of the royal family."

"Yes."

Ling'er quickly took out the small notebook, and Yumeng and Shuang'er looked at Luo Yu expectantly.

It was a bit stuffy in the early summer afternoon. Luo Yu used his hands to lightly block the sun, looked at the clear sky, and slowly said: "What is an asset?"

"Anything that can generate income without labor is an asset, such as bank interest, equity, technology patents, copyright of literary works, company dividends, etc."

"Anything that requires spending money but cannot bring income is a liability, such as cars, carriages, beautiful jewelry, home appliances, etc."

"If you want to live a more comfortable life, it's very simple. You just need to keep purchasing assets and reducing liabilities. One day, you can make money even if you lie down."

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