wavenovel Chapter 1345 [Play the game slowly and slowly]
Chapter 1345 [Play the game slowly and slowly]
Chapter 1345 [Play the game slowly and slowly]
Wednesday, May 5th.
Fang Hong was following the news online. After a while, his beautiful assistant came over slowly, sat down beside him and said, "We will hold a press conference tomorrow afternoon to officially announce the project and also start the bidding for the construction project."
Hearing this, Fang Hong nodded slightly, stared at the screen and said, "Just proceed according to the established plan."
Tian Jiayi suddenly said, "The launch of this plan has affected so many people's interests. Commercial housing has been hit hard. The housing market has declined to varying degrees in recent days. This year may be the peak of the housing market."
Fang Hong: “Heh…”
Just a calm smile, that was his emotional reaction.
The employees of Qunxing Enterprises were originally a very potential group of commercial housing buyers, and their numbers were huge. However, Fang Hongzheng's action caused this huge group of buyers to disappear overnight.
It would be fine if the scale was small, but the key is that the scale is terrifyingly large, that’s 1400 million people!
The property market has been declining recently, with employees of Qunxing Corporation contributing a lot of the selling pressure. That's right, not only did this group with great purchasing potential disappear overnight, even those who had already bought houses are jumping out.
With this housing benefit, many employees of some star-level companies who have bought houses and are currently paying off their mortgages have decisively chosen to jump ship, rather than bear the burden of a mortgage and live a life of making monthly installments on time.
Because everyone knows how to do the math. The interest on a mortgage for 100 years is equivalent to the price of the house itself. A house worth 200 million yuan, including the loan interest, will cost about million yuan.
There are now companies that provide housing for free, and the specifications of the houses are not bad at all, and most of them are even better than the houses you buy yourself.
Of course, you can first live in the free house provided by the company, and then buy a house with full payment later. Although the house price may increase during this process, you save the interest. Even if the price doubles when you buy a house in the future, you will still be able to pay for it in full, which is basically the same as the money you spend on an advance loan to buy flowers now.
If you don't buy now, the money will always be in your hands, which means you have greater initiative and can advance or retreat.
As for the possibility that the house price will double in the future, it is impossible. In the current real estate market cycle, what is the price position? What is the current population birth rate? In fact, home buyers have some ideas in their minds. If the house price doubles in the next cycle, it will definitely explode and show fireworks. The probability of doubling the current volume is very small.
But even if it doubles, it is acceptable. In the future, the price of a house will double compared to now, and you can pay the full amount at that time. The worst case scenario is that you will be burdened with interest when buying a house now. Even in the worst expected case, it is still roughly equal to the cost of funds paid for the current loan to buy a house, which is acceptable.
But the question is, what if the house price does not increase in the future? Wouldn't the interest on the 30-year loan be saved?
If the price of a house does not increase, it means you have saved money on a house. What if the price of a house does not increase but decreases in the future? Then you will not only save interest, but you may be able to buy a house with full payment in the future with the down payment now.
The only risk to consider is the possibility of unemployment, but it doesn’t matter, if you lose your job you still have your years of service to support you, which is another strong buffer. The most important thing is that even the subsidiaries of Qunxing Star Holdings are facing large-scale layoffs, and most of them are mid-to-high-end and high value-added profit enterprises. The large-scale layoffs can largely indicate that the overall economic environment is extremely bad in most industries and sectors. How can the real estate market be immune?
Under that circumstance, the real estate market will definitely not be able to boom, and may even see a drop in both volume and price in the cold winter. This situation may not even be a bad thing. After all, a lot of savings had been accumulated before the large-scale layoffs, and maybe you can easily buy a house of your dreams with the savings.
As for not having any savings, I can only say that I have no brains and no plans.
The conclusion drawn from such calculation is obvious. It is most advantageous to sell the house now and hold the cash. You can advance or retreat and take the initiative.
As a result, a large number of employees of Qunxing Enterprises who had already bought houses and were paying monthly mortgage payments jumped ship, further putting pressure on housing prices, and it was normal for prices to decline.
And the impact is not limited to the property market, it has also affected banks.
The 1400 million employees of Qunxing Enterprises will not have to bear the burden of mortgage loans if they do not buy houses. It is no exaggeration to say that the banks will lose more than ten trillion yuan of loan business in the next years, and the business they lose is the best quality business with the lowest bad debt rate.
Today happens to be the first trading day after the May Day holiday. The banking sector plummeted -4.63% today, breaking the new low since September 2016. From the highest point in January this year, the decline has exceeded -9%.
At this moment, Fang Hong's cell phone rang. He glanced at the caller ID and was quite surprised. He answered the phone immediately: "...Is this true? Haha, yes, I knew about this from the beginning and had expected it... I feel relieved when you said this, um, okay, bye."
Tian Jiayi saw him hang up the phone and asked curiously, "Who called?"
Fang Hong said succinctly: "Luo Qingan."
Tian Jiayi's eyes flashed with strange colors: "Luo Qingan?"
Fang Hong tilted his head and looked at the beautiful assistant, then said with a smile, "Quite a few people went up to complain and reported me because of what happened recently."
Tian Jiayi asked: "Who?"
Fang Hong said calmly: "Who else could it be? It's up to whoever cares the most about this matter."
After hearing this, Tian Jiayi roughly understood it, and then asked, "Is the resistance great?"
Fang Hong smiled and said calmly: "There is resistance. It's not a big problem."
The higher-ups are actually also very troubled by the property market. Although whoever owns the child gets to keep it, and this is a kind of bargaining between the higher-ups and the local governments, if the local governments really just lay down and do whatever they want, it is impossible for them to remain indifferent even if the child is really dying.
One or two is fine, it can be dealt with, but the problem is not just one or two, but a group. If you take care of this one, the other one will definitely compete with you, and the other one will think, wow, you know how to take care of me, as long as you cry, you will get candy, so I will cry too, and cry even harder.
Even though I could have solved the problem by gritting my teeth, I choose to just do it and wait for you to take care of it.
At this time, if a group of stars come in, it would be a bright spot from above. Letting the stars play the catfish effect may open up a new situation. The key is to be able to hold the situation, because it is unlikely that a group of stars will come in and then walk away.
Looking around, only a group of this size can afford it. They are really too rich, especially how much wealth they have accumulated overseas. The higher-ups are not sure, but it is definitely astonishing. At least it is undoubtedly far more than the book data.
Fang Hong was also very clear about this. He understood it before he made this move, but he still did it because joining the game was the only correct answer.
When Luo Qing'an called, Fang Hong also understood that there was great resistance, but you had withstood the resistance. You go and fix it, and everything will be fine if you succeed. If you don't, you can't just walk away, otherwise you will be punished. Stop now and don't get involved in this mess.
Don't mess with this.
That's what I said, but you are big and you are the only one in the village who can hold your own. If someone comes to ask you to join the game and wade into this muddy water one day and hopes that you can help, can you say no? It's the same reason that the higher-ups can't really let the child die, and it's also the reason why Fang Hong chose to throw this stick in even though he knew the interests involved.
Naturally, they won't just walk away after coming in with a stick. They can cover the bottom line, no problem, but how to cover the bottom line? The stars can always say something meaningful, right? Correspondingly, they will naturally have the right to speak, which is the bargaining chip, and this is a new level of game. The current stars are also a kind of bargaining chip, which is another level of game.
The stars have grown to their current size, and some things cannot be ignored just because they want to. Such a big thing is standing there, no one can ignore it, and no one can ignore it. It seems that it is not in the game, but in fact it has already been in the game. It is not affected by personal will. The moment it becomes big, it means it is in the game.
Having understood all this, Fang Hong has nothing to worry about. Now that the time is right, he will decisively push forward the 4 trillion plan and take control of the rhythm in his own hands.
It’s not that bad. At least the opponent is worse than the opponent, which is an advantage for me.
The situation is so complicated, there is nothing to worry about, just play the game slowly and have fun.
……
(End of this chapter)