The Strongest Life Reborn

In several meetings of the Real Estate Construction Chamber of Commerce, Yin Jun also saw Chen Qizhang, who was infinitely beautiful some time ago.

The eldest son of Henglong Real Estate, who was held by the "genius" who is on par with Yin Jun, has now withered like a quail, with his head down and his hair and beard messed up.

The day of Hang Lung Properties is one of the worst among all real estate developers.

Not only do they have a large number of developments, and the houses are not sold, they also have a more important and bigger trouble!

That was last year when the Hang Lung Group and other real estate companies took pictures of the properties on the 9 subway stations of the Hong Kong Island Line.

Now that the Cotton Tree Building in Murray Road, Central District is nearing completion, the Fragrant Hill Building in Admiralty 2 is being planned, which is when it is time to compensate the land price according to the agreement.

A full 1.82 billion!

Under such circumstances, where can they get it?

Even if it is available, who dares to take it out?

Are you not afraid of directly ruining your company for this project?

But if it is not taken out, it will be considered a breach of contract.

The loss of funds is an astronomical figure, and the entire subway station is covered with properties, which has nothing to do with them!

It is no wonder that Chen Qizhang is so haggard.

Not only Chen Qizong, their family is so decadent and haggard, at a loss.

Of course, it is not only their family. There are few real estate merchants that Yin Jun sees.

Recently, bars, nightclubs and other places in Xiangjiang have also lost the liveliness of the past, because they rarely go to talk about business.

Only a few who can maintain their own manners, only those super rich who can develop in the future.

For example, Li Zhaoji, although Hengji Zhaoye, which he just listed, has been under heavy financial pressure recently, and the company's stock price has dropped sharply, he is still not slow and his eyes are firm.

However, under such a big environment, no matter how firm Li Zhaoji is alone and how confident he is in the future, there is no way to stop the collapse of Xiangjiang Real Estate.

Just when real estate developers were at a loss, they suffered another heavy hammer.

The price of second-hand housing in Xiangjiang suddenly dropped! !

The average residential apartment in Tsing Yi has been reduced from 1200 yuan psf in August to 900 yuan, and it is still decorated!

The premium apartment on the broadcast channel has been reduced to 1,000 in one fell swoop from the market price of 1400 yuan psf in August!

The average apartment in Tsim Sha Tsui dropped from 1,600 yuan per square foot in August to 1,100!

The view-apartment luxury apartment in Beacon Hill has dropped from 2,000 yuan psf in August, to an incredible 1,300! !

Even the villa on the top of the mountain did not hold up. The three high-end villas in Baikal Road reduced the price per square foot from 5,000 yuan to 3,000 yuan! ! !

Good guy!

Land's first-hand houses can only fall by up to 25%, but the average decline is only about 18%.

But the second-hand housing is so violent 30% -40%, and it is the second-hand housing of Quanxiangjiang. Within these two days, all the prices plummeted, which gave the real estate businessmen a sap!

Why is that?

What is the situation?

Everyone checked, and it turned out that the first to start reducing prices was the middle class who had already completed the immigration procedures but had not yet gone out for a while.

Anyway, they will not live in Xiangjiang anyway, how can they manage after Xiangjiang?

Then, thinking about the negotiation has broken down, in order to avoid the war, and for their own family, they are of course anxious to sell the house.

But now, how can the house be sold?

So, these people simply thought, anyway, I have to go, even if it is cheaper to sell, I will go early, earn less is better than nothing, right?

This group of middle class is the essence of Xiangjiang in the past two or three decades.

Most of the houses they bought were actually very cheap, but thanks to the continuous development of the Xiangjiang economy in recent years, the houses skyrocketed a lot.

Even if they sell in half, they can make a lot of money.

Not to mention that they are not just one house, most of them have two or three or more. In the place of Xiangjiang, the middle class has few houses, can it be called the middle class rich?

At the beginning, dozens of houses came out, followed by hundreds ...

After two or three days, they released a total of two or three thousand houses, regardless of the type of apartment or the environment, which is a good one.

Now everyone feels bad.

Damn it!

So everyone thinks so?

It turns out there are so many people to go and so many houses to sell!

They certainly knew the dangers of competing for price cuts, but things had already reached this point, and it was already difficult to ride a tiger. No one could withdraw, and they could only hold on, praying because the house price was too cheap and they could sell it early.

As a result, even this group of middle-class people did not know that even if they regretted canceling the house sales commission, there would be no way.

Because, a bigger crisis came soon.

There are many rich people in Xiangjiang, but there are also many ordinary investors.

They are like the middle class, there are very few houses with three or five houses, but generally there are two houses.

There are about 200,000 such Xiangjiang families, which is a large number.

Previously, Xiangjiang's real estate was mostly supported by them in order to prosper.

It's just that these investors are all people who don't have much money, and they are all in two houses.

I used to look at the value-added and value-preserving, while renting out to get rent while enjoying the benefits of house price increases.

But it won't work now. The rich people sell one set after another. If they go on like this, they can still use the money to slap the fart.

Could it be that they are keeping two houses that cannot be realized at all, and finally wait until they are all confiscated?

Such a thing has not happened!

When they remembered such a horrible thing, they were very worried.

You have to say that they are ordinary people with only one set of houses. That would n’t be such a panic. After all, it ’s impossible to sell the house directly because of fear, and then use the money to rent a house?

This is too exaggerated!

However, the problem is that they still have a house on it!

In such a severe situation, in the end, guarding the two houses, betting on whether the most tragic things will happen? Or is it better to sell a set and take some money for emergency?

Many people will certainly choose the second one without hesitation.

After selling one, I still have a house to live in, which is enough.

Even if the house is to be collected later, I still have so much money in my hand-the bank of the American people, they dare not confiscate it?

This is the last guarantee for a family!

Correct!

Just do it!

So, under the stimulation of these middle classes, ordinary investors with two houses also scrambled to join the wave of selling houses.

Their costs are high and low.

But under the choice of life and final protection, no matter what, they want to sell a house and add some protection to themselves, even if it does seem to be a loss now, it does not matter.

Ok.

As a result, in the market, in just one week, there were more than 30,000 houses, and this number is still increasing, shocking all Xiangjiang people!

However, because there are too many houses, and they are getting cheaper, even the discounts are beginning to appear constantly. On the contrary, those who are eager to try are still afraid to buy a house.

why?

Who knows that after I buy a house, will the price of the house plummet?

If I bought it on the mountainside or even the highest peak, would n’t it be a loss?

More importantly, you rich people are worried that the house will be confiscated and the property is gone. Do n’t we poor people not worry?

I spent all my hard-earned money to buy a house, and then I was confiscated before I lived for a year or two.

I might as well hold the money in my hand and wait to see it!

Anyway, the current house is plunging, but not soaring, what am I afraid of? What am I worried about?

You should worry about the rich ~ www.wuxiaspot.com ~ and those real estate developers!

Look!

People from every class in Xiangjiang

Whether it is the rich, the middle class, ordinary investors, or the bottom of the society, each has his own mind and his own calculation.

And this calculation is absolutely sharp, and it is impossible to reconcile.

What are the immediate consequences?

Of course, the house cannot be sold!

Whether you have more than 30,000 second-hand houses on the market or more than 7,000 new houses on the market, few people buy them.

At best, there are a few people who have been stunned to buy a house, and they will only buy those that have been reduced in price by half.

As a result, a very strange and quiet situation appeared on the market.

The two sides are like two fierce waves across a wall, but now it is out of a relative balance.

But everyone knows what disastrous consequences it will encounter once this balance is broken.

Even Shen Bi had a headache.

The headquarters of HSBC is in Xiangjiang. If Xiangjiang is so chaotic, their lives will definitely be difficult.

But even Shen Bi has no solution.

He could not ask developers to continue to cut prices endlessly, nor could he ask ordinary people to buy houses quickly.

Neither approach is suitable.

So he was distressed.

Even Shen Bi, the God of Wealth of Xiangjiang, was worried about being in that way, not to mention other people.

Whether ordinary people or rich people, everyone is in anxiety.

Quan Xiangjiang, I am afraid that Yin Jun is the least distressed.

He had temporarily let go of Xiangjiang at this time, took Lin Qingxia with a group of staff, and got on a plane to the US

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