When I am reborn in Hong Kong, I just want to lie down
Chapter 395 Crazy Property Market 2
The next day, Xianluo World New City was published in Mangu's newspaper. Within one day, one thousand units in one phase were all sold out within half a day. Moreover, due to the strategic location and vast area of this new city, A world-class community will be built to match the growing Xianluo Kingdom's status in the world.
The real estate market in Xianluo is booming, and the first phase has not yet been completed. At the request of the real estate company, the International Infrastructure Company sent more manpower to put the second phase on the agenda immediately.
A month and a half later, the news came out that the second phase was on sale, and the price doubled compared to the first phase. In this way, people who bought the first phase were complacent, and those who were planning to buy the second phase were a little unhappy, but it still attracted countless speculations. Come here and buy an apartment in the second phase.
It took two days, but the second phase was also sold out. Only belatedly, people realized that the real estate boom had arrived. In the next two days, the price doubled, but it was still sold out.
After the news of the sale of townhouses in the third phase was released, the middle class people were beating their chests because when the second phase was sold out, they immediately rose by 10%.
Someone once calculated that the cause of the Asian financial crisis was the thunderstorm of Xianluo Real Estate, which led to a large number of bad debts and debt defaults in banks and financial institutions.This situation caused distrust in the financial system of Xianluo, causing large amounts of capital to flow out of Xianluo.
Starting from Xianluo, the financial crisis quickly spread to other parts of Asia, including Indonesia, Marijuana, Feilibing, South Korea and Hong Kong.
The economic structure, financial system and policy environment of these economies are similar to Xianluo, and they all have problems such as over-reliance on foreign investment and fixed exchange rates.Under the impact of the financial turmoil, these economies began to experience capital outflows, currency depreciation, stock market crashes, business closures, and unemployment rates soaring.
However, judging from the current situation, it also has something to do with the citizens of the country. Under the joint promotion of the government and capital, the citizens of the country have invested in the real estate boom.
"Boss, are you going to get another loan from the bank?"
"Yes, our new city plan has more than six phases. At this rate, when will it be completed?"
"Okay, boss, I don't know how much they are willing to lend."
"You guy, just ask, they will give you countless amounts of money."
These people have never met the boss, but they must abide by the boss's words. They immediately contacted Xianluo's bank again. The reason for the loan was to speed up the construction of Xianluo New City. He received a warm welcome from the bank. , based on the current situation of Xianluo New City and the overall environment, the entire new city is valued at US$25 billion, which means the appreciation rate is very fast.
With the strong support of the bank, International Infrastructure immediately sent more construction equipment and more manpower to start building the city crazily.
Xianluo New City is a role model for the entire Xianluo Real Estate Company. Seeing Xianluo New City's operation methods, they began to imitate it and borrow money everywhere.
Someone commented in a newspaper: "With such a rapid construction of the city, I have deep doubts about the quality of the buildings. There will be quality problems."
Someone retorted: "Look at Xianluo World New City, there is no problem with the quality."
"That is international infrastructure, not Xianluo's company, and Xianluo New City is from North America. Our country's companies are really rubbish."
Such scoldings occur everywhere in Xianluo. They not only discuss quality issues, but also discuss housing prices, thinking they cannot afford them.
This kind of talk is still spreading, but these are not important. What is important is that bank loans are growing very fast. In the past ten years, there are not as many loans as during this period. In addition to real estate development loans, there are also In terms of housing loans, banks have also made a lot of money this time.
These areas in Southeast Asia are similar to those in the 70s and [-]s. Labor is very cheap, and those export companies are cashing in on the demographic dividend.
The money these business owners and factory owners will earn will not be invested in research and development and expansion of investment, because in their view, based on the estimates of Southeast Asian countries, what is the use of research and development?Why is the d version the correct answer?
Or invest the money overseas, such as in European and American countries, to convert large amounts of cash into U.S. dollars.
And those middle class people who don't have that much money can only invest in the stock market or real estate for value preservation or other reasons.
For ordinary people, not only in China, but also in other countries, investment channels, in a narrow sense, are all very narrow, including precious metals, stocks, and real estate; precious metals are very valuable in the long run, while investing in stocks is risky. , please be careful when entering the market, real estate is slow to realize, these three types have their own advantages and disadvantages.
Someone said financial management?Haha... It's better to put your wealth in the hands of strangers than to buy gold and leave it alone. They won't lose anything. What you lose is the investor's money, and you still have to pay him management fees.
In this crazy situation of building buildings and cities, the money in the bank is not enough.
Before 1997, banks were short of money, very short. What they lacked was not local currency, but US dollars. A large amount of local currency was exchanged for foreign currencies, and large-scale outflows caused a shortage of US dollars.
Xianluo Bank immediately provided short-term financing to European and American banks, not only Xianluo Bank, but also other banks. As one of the major European and American banks, Silicon Valley Bank, Swiss efg Bank, etc., all provided financing to these banks; as They also asked Taiping Hang Lung Bank, one of the major banks in Asia, for short-term financing of six months or one year from other banks in other countries. Taiping Hang Lung Bank only gave them three months and provided short-term financing of US$20 billion. As for The reason, of course, is to allow them to consume foreign exchange as quickly as possible and accumulate more local currency.
With the rapid economic development, the entire Southeast Asia has fallen into a state of drunkenness. In such a bubble economy, Asia has entered 1997. In the past few years, the sales of luxury goods have reached the peak of the past decade, and second-hand goods recycled from island countries have Luxury goods are very popular in Southeast Asia.
Wall Street's Entanglement Fund, the group of people who once defeated Dai Ying, are looking at groups of data with excitement. Some words such as Xianluo, South Korea, Marijuana, Java, Feilibing and other countries appear on it. The data is very detailed. Even the finance ministers and statistics bureau directors of those countries are more detailed. Even some of the data from their major banks are extremely detailed.
"The economies of Southeast Asia are abnormal and false. In order to point out their loopholes and burst their bubbles, we need to perform surgical treatment on them. This is the quality that a financial scholar should have."
The real estate market in Xianluo is booming, and the first phase has not yet been completed. At the request of the real estate company, the International Infrastructure Company sent more manpower to put the second phase on the agenda immediately.
A month and a half later, the news came out that the second phase was on sale, and the price doubled compared to the first phase. In this way, people who bought the first phase were complacent, and those who were planning to buy the second phase were a little unhappy, but it still attracted countless speculations. Come here and buy an apartment in the second phase.
It took two days, but the second phase was also sold out. Only belatedly, people realized that the real estate boom had arrived. In the next two days, the price doubled, but it was still sold out.
After the news of the sale of townhouses in the third phase was released, the middle class people were beating their chests because when the second phase was sold out, they immediately rose by 10%.
Someone once calculated that the cause of the Asian financial crisis was the thunderstorm of Xianluo Real Estate, which led to a large number of bad debts and debt defaults in banks and financial institutions.This situation caused distrust in the financial system of Xianluo, causing large amounts of capital to flow out of Xianluo.
Starting from Xianluo, the financial crisis quickly spread to other parts of Asia, including Indonesia, Marijuana, Feilibing, South Korea and Hong Kong.
The economic structure, financial system and policy environment of these economies are similar to Xianluo, and they all have problems such as over-reliance on foreign investment and fixed exchange rates.Under the impact of the financial turmoil, these economies began to experience capital outflows, currency depreciation, stock market crashes, business closures, and unemployment rates soaring.
However, judging from the current situation, it also has something to do with the citizens of the country. Under the joint promotion of the government and capital, the citizens of the country have invested in the real estate boom.
"Boss, are you going to get another loan from the bank?"
"Yes, our new city plan has more than six phases. At this rate, when will it be completed?"
"Okay, boss, I don't know how much they are willing to lend."
"You guy, just ask, they will give you countless amounts of money."
These people have never met the boss, but they must abide by the boss's words. They immediately contacted Xianluo's bank again. The reason for the loan was to speed up the construction of Xianluo New City. He received a warm welcome from the bank. , based on the current situation of Xianluo New City and the overall environment, the entire new city is valued at US$25 billion, which means the appreciation rate is very fast.
With the strong support of the bank, International Infrastructure immediately sent more construction equipment and more manpower to start building the city crazily.
Xianluo New City is a role model for the entire Xianluo Real Estate Company. Seeing Xianluo New City's operation methods, they began to imitate it and borrow money everywhere.
Someone commented in a newspaper: "With such a rapid construction of the city, I have deep doubts about the quality of the buildings. There will be quality problems."
Someone retorted: "Look at Xianluo World New City, there is no problem with the quality."
"That is international infrastructure, not Xianluo's company, and Xianluo New City is from North America. Our country's companies are really rubbish."
Such scoldings occur everywhere in Xianluo. They not only discuss quality issues, but also discuss housing prices, thinking they cannot afford them.
This kind of talk is still spreading, but these are not important. What is important is that bank loans are growing very fast. In the past ten years, there are not as many loans as during this period. In addition to real estate development loans, there are also In terms of housing loans, banks have also made a lot of money this time.
These areas in Southeast Asia are similar to those in the 70s and [-]s. Labor is very cheap, and those export companies are cashing in on the demographic dividend.
The money these business owners and factory owners will earn will not be invested in research and development and expansion of investment, because in their view, based on the estimates of Southeast Asian countries, what is the use of research and development?Why is the d version the correct answer?
Or invest the money overseas, such as in European and American countries, to convert large amounts of cash into U.S. dollars.
And those middle class people who don't have that much money can only invest in the stock market or real estate for value preservation or other reasons.
For ordinary people, not only in China, but also in other countries, investment channels, in a narrow sense, are all very narrow, including precious metals, stocks, and real estate; precious metals are very valuable in the long run, while investing in stocks is risky. , please be careful when entering the market, real estate is slow to realize, these three types have their own advantages and disadvantages.
Someone said financial management?Haha... It's better to put your wealth in the hands of strangers than to buy gold and leave it alone. They won't lose anything. What you lose is the investor's money, and you still have to pay him management fees.
In this crazy situation of building buildings and cities, the money in the bank is not enough.
Before 1997, banks were short of money, very short. What they lacked was not local currency, but US dollars. A large amount of local currency was exchanged for foreign currencies, and large-scale outflows caused a shortage of US dollars.
Xianluo Bank immediately provided short-term financing to European and American banks, not only Xianluo Bank, but also other banks. As one of the major European and American banks, Silicon Valley Bank, Swiss efg Bank, etc., all provided financing to these banks; as They also asked Taiping Hang Lung Bank, one of the major banks in Asia, for short-term financing of six months or one year from other banks in other countries. Taiping Hang Lung Bank only gave them three months and provided short-term financing of US$20 billion. As for The reason, of course, is to allow them to consume foreign exchange as quickly as possible and accumulate more local currency.
With the rapid economic development, the entire Southeast Asia has fallen into a state of drunkenness. In such a bubble economy, Asia has entered 1997. In the past few years, the sales of luxury goods have reached the peak of the past decade, and second-hand goods recycled from island countries have Luxury goods are very popular in Southeast Asia.
Wall Street's Entanglement Fund, the group of people who once defeated Dai Ying, are looking at groups of data with excitement. Some words such as Xianluo, South Korea, Marijuana, Java, Feilibing and other countries appear on it. The data is very detailed. Even the finance ministers and statistics bureau directors of those countries are more detailed. Even some of the data from their major banks are extremely detailed.
"The economies of Southeast Asia are abnormal and false. In order to point out their loopholes and burst their bubbles, we need to perform surgical treatment on them. This is the quality that a financial scholar should have."
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