Well-known economist in Hong Kong - Lang ,
supra tk
societyft =, +0,] white-collar workers and their families will soon
face bankruptcy. And inevitable bankruptcy! No escape! It may occur in the next
2-10 years. You can try to doubt this figure. However, it is bound to happen,
not alarmist. But it does occur. A developing country like China, with the
inevitable constant inflation and reform measures in exchange for economic
development. Every time the throes of reform by the people to bear. Whether it
is a large number of laid-off workers lost the educated youth in the mountains
and the countryside still reform and opening up a large number of state-owned
enterprises have been closed down. If they are certain forward-looking, then I
think they may leave a little posterior. However, due to the over-confident that
the files and over-confident that life will not be mutations that led to the
tragedy of their life.
Some people say that the government would not sit
idly ignore white-collar bankruptcy, in fact, naturally do not want. May be some
things ... how should I say. Consider the year of the laid-off workers. Caused
so much social unrest. Can do? Bankruptcy today's white-collar tomorrow as.
while the reform and opening up more than 20 years, China's economic
development fast take-off. But the old system has not completely changed. A
variety of important industry is still in force is a government monopoly
mechanism is in operation. Such as: banking, finance, metallurgy, energy,
information, transportation, health care, education, land. China's reform and
opening up all aspects of the reform and opening up these things. But today, the
monopoly operations have become increasingly prominent.
first is real
estate. China's legal system is not perfect, especially in the fields of finance
and the reform of the various mistakes made by real estate climbing. With the
increase in real estate, as well as the foreign population is concentrated to
the big city. So the city's new migrant workers is the so-called But this part
of the income used to pay rent or loan repayment. in-depth understanding of why
99% of white-collar families will go bankrupt, we must first understand why such
a high prices? High? The funds are running? (White-collar refers to a buy a
house or ready to buy a house family) as well as the development trend of
related effects. This paper will be divided into three stages described to you.
1: cause house prices soared, the first factor: the opening up of
competition among banks under loan.
In fact, home prices soared, the main
factors is because people pay in for the mistakes of the Government. For
example, before a developer through a bank loan 10 million to develop a house.
If you're not starting that he was unfortunate, because all banks are a system,
you owe the money is not no chance to stand up. China's banking reform on the
basis of a hole in order to the competition between the banks so ICBC,
Agricultural Bank, Construction Bank, and so on all operate independently. It
would have been a good thing. But the problem is that these banks are not
private, but the country. We are not hard to imagine. When the consequences of a
developer from 10 million loan from ICBC. Only need 5 million to the development
of a house, and then to enhance the selling price, and then the house in this
development according to the price of standard mortgage refinancing and 20
million from the Agricultural Bank, then the 20 million 10 million development
sets a higher price of the house came to the Construction Bank mortgage loan of
40 million. Is a snowball's crazy lending model.
house you serve out is not
important, the key is higher prices, not price. Anyway, the bank's money is not
private, so slightly to clear the governors combined and
then the result is
that house prices only climb down! Not fall! A down section of the bank loans
out never come back. But the government's banker, the Government's money!
Therefore, in order to plug the funding black hole, some experts have been
bought, the media began a frenzied create public opinion with a variety of
public opinion means of coercion to buy a house.
such as land resources are
severely strained, do not buy a house in the future can only live in the suburbs
and the like. The people have to buy a house. Can not in fact live in the center
of this situation was impossible, the urban residents is replaced by a new and
old, live in town to go to work, the retired elderly like to live in the
suburbs. As long as the population explosion does not appear the workers can not
live downtown. Although public opinion caused a lot of people buy a house, but
only so, prices have not so ridiculously. Then the Government made a second
mistake.
2: cause house prices soared, the second error: the Chinese
characteristics of the mortgage.
mortgage was a very popular Western system
is also very suitable. System applied to a little problem. Because a large
system. All banks are national, rather than private. Loans this juncture it is
impossible to control is maintained. As long as the file is plausible that
people will be able to loan to the section.
In order to ease the funding
black hole of the first error as soon as possible. The government began to
implement a personal mortgage system houses. Often cited example of what the
United States to his wife and the old lady to lure people to the mortgage. The
real mortgage and crazy mortgage. And bank a little First mortgage to a 800,000
house, a down payment of 100,000 and then 700,000 loan from the bank. After then
raise the price of the house to 1.8 million sale. This time, their relatives or
Mom and Dad go to buy a mortgage 300,000 down payment 1.5 million from the bank
lending. Then on the matter. They do not loan how to do? Banks love do not
charge admission. Anyway, according to the contract is not on the money and you
can take the house, two do not owe.
turn in a circle so to raise the price
of the house several times back to the government to return to the hands of the
bank. This explains why a lot of new properties beginning repair was bought by
the real estate group. They are fried not bet the house will appreciate. But
took the house to clean up the banks.
banks get how to do this house? Are
afraid to cut prices. Had to add some value and then sell. Ordinary people are
now not even think to buy a really reasonable price of the house! Even if the
house you bought directly from the hands of developers might have been
transferred several times hands went back to the banks, and the hands of
developers. Put it crudely, is now 8000 / level of the house, there are only
2,500 is the prices, the 5500 decision errors are thought to bring the funding
black hole! In other words, you are restricted to the hard working backside.
3: The third question: when the white-collar families bankruptcy? ?
then
we study why house prices will go up, come look at the city's so-called
white-collar families bankruptcy inevitability.
First foreign white-collar
income is indeed high, but high valuable. The so-called white-collar workers in
China are generally poor quality. Chinese enterprises to internal friction.
Everyone is light, all stubborn. Is no wonder that foreign companies entering
the Chinese mainland market began to exclaim: Some people will say: Bank losses
of large capital flows to the market through the hands of a few people. These
people crazy investment in other areas of China. Because they themselves know
that real estate is about to collapse. Such a round of investment boom is
rapidly digest these funds, they invest in the Internet, investment in
high-tech, investment, entertainment, and many, many investment. But at least
the wages paid to enough employees to pay the house a monthly rental for the
month! It is precisely because of rising prices so created a corresponding
growth in wage levels in China's urban population. Do not believe you calculate
your average income of urban white-collar workers paid the monthly housing money
on hand but also so much money? I think this would not have wordy. There are
several all psychological. So I can say that once the real estate collapse is
followed by the collapse of your salary.
have a lot of white-collar workers
who I know share a room. Their calculations are very simple: What kind of pay
3000 money for the room? I can buy a set! But because of your house, what are
expensive. Eat expensive, expensive transportation, tuition fees, medical costs
are more expensive! ! ! So pay the money for the room you apart from the cost of
living is basically a penny save is not down, even if the save point behind the
normal rate of inflation. The question is will maintain the status quo, in
theory, should be fine. The past two decades, earned money just to make two
mistakes with the loss of the government.
but the problem out here. With the
end of the WTO5-year buffer period, a large number of foreign communications,
banking, medical, insurance companies will have to enter China. That time no one
can stop you to put money into the United States, to HSBC. To ask at that time
who are willing to put the money there is so much bad debt bad debt of China's
state-owned banks? Even if the Government how to take the measures may also be a
run, so time will happen is hard to say. But thing is for sure is that the
pressure of China's state-owned banks to become very large. Loans will be
difficult to add, because the banks have no money to loan! At the same time a
large number of foreign-funded enterprises with high-quality talent into China
will certainly lead to the market a strong impact and the collapse of a large
number of existing enterprises as well as white-collar unemployment. In other
words. Once the foreign-funded enterprises to join the competition, China's
current 99 percent of white-collar workers will face employment pressure in the
larger environment.
and foreign banks accumulated funds started investing in
real estate, because they are the normal operating process so made out of the
house will be cheaper, with the inevitable pull the national real estate fell
sharply. As I said earlier, house prices have fallen, followed by the fall is
the wage income of your business! Can before you buy a house repayment price
will not reduce or reduce, so you will not be able to pay high loans. Your house
will be the banks take away, your deposit will be directly freeze. White-collar
workers in Chinese cities in the future most likely is a few decades ago,
China's state-owned enterprise workers. Hard two years, end 竹篮打水一场空 the
how
to avoid bankruptcy?
see here you should understand that, do not buy is a
good way to avoid bankruptcy. But I would also like to remind you to boosting
the property market does not fall, they have a way, that is to advocate the
people will not buy a house is not a man child! You mention, this is really a
little effect. Now a port of the first one is: I am really angry that even the
curse of the effort are not. There are people the Baidu Shuimu weeks flat this
post where posting said: In China, a land not belonging to sell your house and
rented out to you What's the difference? (Laughs). Not to mention banditry
property and to improper forced evictions! This is not purely But since the WTO
has been the publishing industry and the media industry, China is still not
open. Bailout then public opinion will become final trump card in the hands of
governments and developers.
So we face a lot of rhetoric, or more than half
a brain. After the real estate pack of lies we hear more and more, more and more
outrageous! For example, recently there are brick home in advocating prices are
not expensive, say: what even if the $ 50,000, the couple is 100,000 a year,
five years on 500 000. Therefore, the prices of course, not that expensive.
Perhaps for such or such has evolved to eat or drink are not sick do not wear
the fixed and the father and mother long dead never maintenance brick home is
probably really is the case. Therefore, we pay attention to vigilance.
Conclusion
:
[ft =, +0,] has been to buy a house or ready to buy a
house, white-collar family to be with the collapse of housing prices collapse,
that would be a slow-onset process. As short as two years or as long as ten
years. But this is an irreversible trend. 99% urban white-collar family has been
facing bankruptcy that is not alarmist. For each housing allocation money you
pay to the bank today for the Government on behalf of real estate speculators
who fill holes, only a small part of the real money for the room. Environment of
tomorrow,
nike free
run, you do not have so much funds to fill the hole when the markets and
banking kicked back home for a number of new people to then fill. Do not
believe? Wait and see chant - PS: Why do I say 99% of this number, because
according to my understanding, 99% monthly salary of over 5000 started to buy a
house, even 3000,4000 buy. Lovers do not understand this buy down life will be
miserable. I just feel sad for them. Of course, if you are that one percent of
the wise, multi-advised to save them. Better Together. the four
Chinese people are a when
[ft =, +0,] the largest when:
of real estate to buy a house What does it mean? Means that you have a house
of their own. Yes, you thought so, but in China you can not have this house,
only rented it. Retire 70 years from now because the house is you, to not just
the land use rights for 70 years (that is the Anti-Japanese War, who is seen
when the house?) The house usually the case the case of demolition or renovation
will be about 30 years. In other words, you spend the money to buy a house, but
can only get the actual effect of the rent. Of course, this is not the worst.
Worst, a few years later you find fooled! A group of hooligans burst into your
life savings to buy a house, draw a big Chaizi! Then put your belongings all
when the trash is still out of doors, regardless of your pleading, and even
still the newspaper to give you any of the public insults a nail house
notorious, you will know what despair! described the Chinese real estate
a famous joke is written like this:
ago, there was a landlord
there are many places to find a lot of long-term basis to work, the landlord to
long-term basis to cover number of unity floor lived the day, the landlord of
the advisor to the landlord: the owner, the long-term employment in recent years
the hands of a little money, they live in your house, the monthly pay Zuzi,
rolex
submariner, uneconomical, since they can never afford to live, do not you
just sell the house to them since their places called - public houses for sale!
Tell them that the house will always belong to them, you can recover them save
money to the landlord, said: Yes, that rent how to do? Advisor, said: according
to income not mistaken, from the Japanese name of children, called the property
fee! Quickly implement a landlord, make a lot of money, long-term employment are
the happy! over the years, the landlord of the village developed into a town
, more and more wealthy people, no place to live, advisor to the
landlord: the owner, the long-term employment in recent years the hands of
another money we give them to build a new house called the transformation of the
old city, from their places, they handle the money to us, we pulled down the
house new, ask them to buy back to cover some sold to someone else, the landlord
has carried out This time, some long-term basis are not happy, the retainers of
the landowners to put to use, long-term employment are destroyed that the tooth
had to pharynx to the stomach, the landlord has made a lot of money. the
over the years, the landlord of the village developed into a big city,
the rich more, the landlord of the land is more valuable advisor to the landlord
said: club, let these long-term employment of house demolition , built a villa
in this place, split out to cover a house sold to the money of the wealthy but
also to earn a landlord, said: long-term workers who quit how to do? Advisor,
said: we give them more money a little, since their places called monetization
of placement, we build a house then we next to the pigsty, from the tricks
called affordable housing, give them to repair a carriage Road to allow them to
buy there. The living room, the landlord said: They have enough money to how to
do? Advisor, said: banks borrow from our family to give them money cub of the
year and 6 points profit nothing if money can students, not any risk, the
landlord has carried out long-term workers have the money, landlords of
affordable housing until now built a long-term workers had to line up the house,
until now, still waiting ...
Thus, long-term workers who began to make
trouble, the landlord is a little nervous, hurriedly asked the counselor how to
do? Advisor, said: they must notify the long-term workers who want to decline in
value of the house, do not buy, rent to live, just rented it to them we pigsty
result, so many years, long-term workers' money was no more, but also renters,
forever,
replica rolex!
this joke is a bit exaggerated, but in fact this is not true that fact?
Some people say that being the case? Why do Chinese people have to buy a house?
A maniac to buy? Why? Is not fooling education, just like the 1960s, advocated
that people must purchase the Big Three: watches, sewing machines, bicycles, a
truly successful person before they can marry a wife. 1970s advocating that
people have to buy a new four: TV, refrigerator, washing machine, install the
phone is considered to succeed before they can start their families, remember to
install the phone but to the thousands of dollars a (per capita income of less
than 200 small town ), Beijing and Shanghai, more tens of thousands of one time,
have lined up to buy No. ride favor, and buy a house today how similar? the
all the shit scholars began a old trick to fool people: white-collar
family of new standards, successful people choose small units of the X ring X
Road, X ring X Road commercial type. Received hundreds of thousands of you have
a month to charge you for rent (property fee), bank interest, as well as various
sorts of excuses to raise interest rates, policies, and so on and so forth.
Short not afraid of you to death, afraid of you enough to die miserable! Ye the
people on how willing to be fooled, and one hundred on the tire? I am really
angry and get it all wet! the
When: the employment
when
people finally began to lament: the year when the educated youth, when was
laid-off after no way out, the only sit-in protest but no one cares. only
reduced the street also, eds song to laugh at the heroic life and start over
when. Have you ever thought! They also have the same scenery and white-collar
workers today! Their income and status have also let the people around envy?
Have you ever thought 20 years later! Like you and they descend on the streets,
deserted? !
Some people say hey! You do not know the unemployment
insurance, pension insurance, XX insurance? Oh, I drift in Beijing N years, pay
a myriad of insurance there are probably tens of thousands of it, but the
unemployment Boduantui also no one to give me Sha insurance, but many insurance
policies have been frozen to say I pay too intermittently, I could and anger ...
this is not, you think you are 60 years old to really be able to get the old-age
insurance? Heaven, but not out of money! Today's older people to take the
pension we earn! Today, 30-40 years of age usually have several brothers and
sisters! Means that today's elderly to get the pension insurance at the age of
60 is because there are five people for an old man! Old after our generation is
the one for the two of us old people! Money come from? Did not have to! If you
can live to 90 years is estimated to receive some pension insurance, hey take
care of it you. Even so, parents are still mad the children to a variety of
state-owned enterprises and units to send to me often such examples. My home is
a distant relative, to find the relationship between drag friends, spent seventy
thousand dollars through an open recruitment son to the traffic police team, dry
on the contract system of the police. A month to get 800. The results of the
third year of competition for posts to the brush down. A person crying, I said
that the brush you on that class a lifetime to earn back seventy thousand, and
quickly to wash sleep, change scrape together some money to small businesses go
Probably can earn.
when I graduated, I profanity is holding the money
and led me, my to XX Ministry sent. I saw that people responsible for
recruitment that virtue could not help the nausea, Made in salary, profanity,
this is not the white stem eat or drink for 10 years back cost. So I had
privately threatened that guy a scared that potbellied X Chief of no longer
dared to recruit me. I have to have: running away from home.
I wanted to
understand? Chinese people are ye so foolish? Such a superstitious country word?
Wake up, thinking the normal point line does not? Calculate cost-effective does
not pay to not do things before? the
young white-collar workers who find
work best to pay high health insurance do not want to and nothing insurance, and
then save up the money the most insurance in the future need it.
[ft =,
+0,] the third-largest when: Education
,
a diploma worth? A diploma
worth? A diploma worth? The cost of printing money to the top of the day. A
teacher wages? Hey, two tuition enough for one semester! A class of books
printed How much money? Two students enough! A class of rent How much is a
semester? Two students enough. ! Hey! China's education you Pingsha received so
much money! ?
Hey! The people who Why would we be deceived? Because of
the small ruling class was admitted scholar glory. Oh I'm sorry I was wrong, and
is admitted to the university was glorious. But the people never want to think
about why proud? Why is glorious. University scholar and what is not waste!
you know your child is the teaching of what people? Generally unable to
adapt to the talent of the community would become a teacher, for example. Some
time ago I was a project, find several university graduate students to do the
program. Result stupid very few people do not give you to consider, have you
guarding only work, but also to the files is obviously a typo, not to change,
you find even told you seriously, it was not his fault , you gave is wrong.
Little sense of responsibility, one would consider what is to do things but do
things or do things in order to do one thing. I very calmly told them the truth:
you must learn to think for others, think about what results other people want
to re-do things. Otherwise it is impossible to survive in the community. Few
results: we do not go to the community, and our test scores are good, the school
we stayed on as a teacher. Besides Originally, we had nothing wrong, how do you
arranged for us how to do, you do not arrange that we would not do. This is our
dignity and principles. I said: If you go to the gatekeepers, the boss did not
arrange your work when locked warehouse you do not lock you? Are you scared?
After your child is under the guidance of such people to learn and grow. Do you
worry?
no wonder that the university cohabitation, truancy, fighting,
suicide ... but parents are still willing to spend money to send their children
to school, and spend a lifetime money.
[ft =, +0,] the
fourth-largest when: buying a car
Chinese people crazy you? Buy a
car? Why buy a car? ? ? Of course you have money to spend not only, you love how
to buy how to buy a car buy a house, anyway, how rise in oil prices also enough
of the money, the house demolition you do not feel bad. But most people do?
colleagues living in the North Second Ring Road, the company Xizhimen
there. Take the subway to work every day most probably hours. May have to buy a
used Charade, encircling walls on the road every morning at 8:00, and then
little by little, moved to the company. Hey month parking fees are a lot of.
People think that the senior point open the car its own identity. Let alone open
a Charade, is to open a Audi I have not seen who is who knock nine worship. No
other role in addition to seem a little silly outside than others.
On
another occasion, I met a month income 4000 girl in the planned loan to buy a
car. I then asked her: little girl, I've got to do business, they work on time,
and convenient to the subway, buy a car do? Thought for a long time, it is
estimated could not think of a reason to say: sometimes go to the supermarket to
buy things, taxi and feel near the point is not worth the walk away point. Not
drive yourself! Hear, I almost did not disgusting. You drove to the supermarket
to buy instant noodles do not feel sick what? Equipped with cellular phones to
go incommunicado, is incommunicado! Do not think to buy a car can prove
anything.
such as your own business, busy day probably run four or five
places to see many customers. But I do not buy a car, and why? I took a taxi
that came with the move, kick down the left, do not have to worry about parking
place, do not have to worry about hanging touched, do not have to worry about
thieves tied, whether hanging wind rain has drivers. In case bumped a traffic
jam can get off the subway. Also more than 10,000 pieces of RMB a year! A car to
buy! Parking fees had more than 10,000 a year! This is not silly?
Do not
buy a car do not buy a car, there are countless people mad to borrow money to
buy? Blames him for the future to die is not enough miserable like! Buy it, buy
the finished raising interest rates is not? Oil prices are not crazy? The
parking is expensive and not you? Regret not it? New car is a road that plunges
a sell sell not it? ?
tell you that prices have to rise. And the dollar
as oil prices must rise to. Hey! You take U.S. 1/10 the revenue raised, and
others a price of gasoline. I see you have Joseph. the
final say,
everyone is not stupid, there was only stupefying education deceives Han. Silly
point does not matter of life or death thing, you can still tight point plan
contemplating the relationship between the economic interests! The other end of
the day, real estate or oil of a rose, pay the money of the rest of my life took
a diploma or what what not do, pay the exorbitant taxes and levies of decades
also what what benefits do not. Your loss, not just the difference of hundreds
of thousands.
someone said what? Ah no, do not live, no car! Bus squeeze
it. I said all the stupefying education system out of vanity doing strange. You
look at me, rent a house to live until more than a thousand pieces a month, it
is equivalent to some property costs. If you want to get married I afford to
rent a 3-4, furniture decoration should be a whole. But also which convenient to
where I live. Do not want to move to long-term rent. Also a kind of pay property
charges. Vain province of bank loans, interest, down payment, a lot. Something
hit the car, nothing on the subway,
Nike Air
Presto, a year ten thousand days, but also save a garage, parking fees,
fines and a bunch of oil rose to 10 Lehe, do not delay things. I did not finish
University and ran away, while self-learning to their own side of the study that
the market out of planning to run the business, not equally into the
foreign-funded enterprises, listed companies as a manager? Also save tens of
thousands of tuition to the
Of course, some people would say: you a
house do not buy, specify no wedding. I thought to myself: I do not, you think
you have ah? Some people say that renting is not worth the rent over or someone
else, hey, you think to buy a house decades loans, pay off your ...
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