Please do not purchase a house and motorcar of the

- Hong Kong's prominent economists - Lang
99% of the white-collar workers in China and their families will face bankruptcy. It is inevitable bankruptcy! Run away! It may happen in the afterward 2-10 years. You can try to doubt this figure. But it is jump to happen, not alarmist. 'As I prophesied the inevitable unemployment Chinese state-owned enterprise workers, as in that time no one believed. But it does happen. Because in China, a amplifying nation, with the inevitable in order to keep inflation and reform measures in interchange for economic development. And every time the griefs brought about by the reform are the people to afford. When either the village and mountainous areas of the literate youth were muddled, or large state-owned enterprises reform and opening up have brought about a large number of laid-off workers near down. If they can have a certain forward-looking, then I think they might stay a little way out for themselves. However, deserving to too much too believe that life will not document and mutation, so that led to the tragedy of their lives. -
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Some say the government will not sit idly by white bankruptcy, the Government has of course not. Some things ... ... how can I say. I think back to the laid-off workers now. Caused so much social unrest. Can do? Today's white-collar hereafter bankruptcy, they also did it. -
and 20 years of reform and beginning up, China's rapid economy development take off. But the antique system is not entirely changed. Variety of important industry is still in force is a government monopoly system in operation. Such as: banking, finance, metallurgy, vigor, information, transmission, health care, teaching, and land. China's reform and opening up of these things were not all aspects of the reform and opening. But today, the contradictions brought almost by the monopoly is increasingly famous. -
bear the brunt of that real estate. As China's lawful system is not perfect, particularly the field of finance and reform, a heap of mistakes made by the emergence of real estate has been rising. With the increase in real estate and the concentration of foreign population to the cities. Therefore, the new urban workers is the so-called 'white-collar workers' income is rising on the surface, to Beijing, case in point a monthly salary of RMB 3000-15000 everywhere. But this chapter of the income is mainly used to pay rent or loan. -
In order to thoroughly understand why
99% of the white-collar families may go bankrupt, we must first know why housing prices so high? Where high? Funds are functioning? (Where white-collar families that buy a house or preparing to buy a house.), And the trend to bring the related effects. This will be annotated to you in three stages. -
1: cause prices soared in the first factor: Bank loans under the open competition. -
housing prices soared in fact, is the cardinal factor for the Government because of the people in the mistakes of pay. Such as a developer before a bank loan by a 10 million development of a house. If not since he got in trouble because all the banks are a system, you owe the money did not also no opportunity to turn around. But China's banking reform on the foundation of a hole open to competition amid the banks so the ICBC, the Agricultural Bank of China, 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 state. Is not difficult to imagine. When a developer from the bank loans 10,000,000 consequences. He only need 500 million to develop a house, then the price increase, then the development of the price of a house according to his criteria of mortgage lending to 20 million from the Agricultural Bank of China, and then use that 20 million of 10 million development of a sets the price higher mortgage the house to find 40 million Construction Bank. Is such a crazy lending prototype snowball. -
house Maibu Mai to go out is not momentous, the key is the price is higher, not lower prices. Anyway, money is not a personal bank, so a little morsel to explicit the President together with variant 'legitimate' tall retail price of real estate as collateral so indeed getting better and better from the bank loan. -
then this result namely that house costs do no just ascend down! Because they can no fall! Out a bank lend or money apt not come behind. This is the Government's bank, the Government's money! So in order to plug the funding dark hole is to buy some of the specialists, media, public opinion began to frenzy along manifold means of coercion of public opinion were to buy a house. -
such as land resources, severe stress, do not buy a house in the future can only live in the suburbs Yeah like that. Cause people to have to buy a house. In fact, can not live in this city simply can not happen this location, the city residents is a process of replacement of old and new, to work to live in the metropolis, the elderly live in rustic areas like retirement. As long as the population burst will not appear on white-collar workers do not live in the city center can not be the case. While the media has created a lot of people buy a house, but only so, prices are still not high as it now is crazy. Then the Government made a second fault. -
2: reason prices soared in the second error: a mortgage with Chinese characteristics. -
mortgage was originally a very renowned system in the West, and very appropriate. However, the use of this system to China once a little problem. Because for colossal institutional. All banks are state, not personal. Therefore, the gateway can not control loaning fixed. As long as the document makes sense, people will be skillful to credit the money. -
early relief to the first error caused by money black hole. The Government introduced the system to individual mortgage houses. What is also often citation the United States to his wife and the Chinese woman's example to bait people to the mortgage. It was indeed the mortgage, and it is crazy mortgage. And banks by the time a little 'road' people. They first set of 80 million house mortgage, your down payment and then a 10 million 70 million loan from the bank. Then after the house sale to raise prices to 1.8 million. This time their relatives or to go buy I Met Your Mother, but also with the way the mortgage down payment of 30 million own a further 1.5 million loan from the bank. Then go on. They do not how to do the loan? Love Do not calculate bank. Anyway, I do even now under contract on the money you can take the house, we owe the two incompatible. -
so cornered nigh, driving up the price of the house several times back in the hands of the administration back to the bank. This explains why a lot of repair to the starting of current flats to be 'real estate group' bought. Speculation is not gambling their house will appreciate. It took a house to clean up the banks. -
bank got the house how to do? Are afraid the price. Had to add some value and then sell. So do not even think about ordinary people now buy a real house at rational prices! Even if you bought instantly from the developer of the hands of the houses might have switched hands several times back in the hands of the banks and developers. To say something is 8,000 / square in the house, there is only 2500 prices, 5500 is thought to bring money black hole making a wrong decision! That means you are limited to the hard working to wipe. -
3: The third question: white-collar families when bankruptcy? ? -
then we learn why the house prices up, again look at the so-called white-collar urban families in China in the essential of bankruptcy. -
first foreign white-collar income is indeed high, but high worth. The so-called white-collar workers in China is generally meager quality. Serious interior friction of Chinese enterprises. Everyone scorn, all headstrong. No wonder foreign companies entered the China market began to exclaim: 'to do business in China, not rent people! 'I am too deep. That some people would say: 'Now is not worth the worth of white-collar workers, that Mizuki Zhou Ping you can talk about why they get such a raise? 'In fact, this caused the peppery real estate a amount effect. Loss of large value of capital banks through the hands of a few of the stream of the market. These people began to make combative investments in other areas of China. Because they kas long asreal estate is in the near future collapse. They do another round of investment boom is rapidly absorb the asset, they provide the Internet, high-tech investment, investment and distraction, investment many, many. But at fewest enough to pay staff wages to pay the every month rent or house for months now. Therefore, it is because rising prices of Chinese urban population built a comparative mushroom wages. Do not trust you do the math in your mean income of urban white-collar workers once completed pay monthly housing money, but also so much money on hand? I think it would not have me ramble on it. Psychological several people. So I can say thin no time the real estate crash that followed the collapse of your wages. -
I know there are many, many white-collar workers who have bought the house. Their thinking is simple: 'couple all tariffs except web income per month is also the insurance of 12,000. What kind of housing money to pay 3000? I can buy a set too! 'Yes, nothing. But because the house so what you are priceless. You dine, your vehicle, your tuition fees, medical costs and more valuable! ! ! So the money you pay the room anew except the cost of alive is basically a penny to save for it, even if the arsenal point is also not keep up with normal inflation rate. The answer is will retain the status quo whether so, in methodology, should be all right. You 2 decades acquired money just to make up for the wastage of 2 errors. -
But the problem also lies in here. As of the end of the buffer WTO5 years, a large number of alien communications, banking, medicinal, warranty and so companies will have moved into China. At that time no one can stop you put money into Citigroup, HSBC deposit. That time to ask who would be willing to put money there so many bad debts of state-owned Chinese banks? How to take measures even now the Government could then run, so what will happen when the time is still hard to say. But one thing is decisive is that when the pressure of state-owned these banks will become very large. Loans will be more tough to multiplication, for banks have no money to loan-to! At the same time a large number of foreign-funded enterprises with high-quality artist to enter the Chinese market will bring a mighty shock and the collapse of a large number of existing corporations and white-collar unemployment. That is. Once the foreign-funded enterprises to enter the competition, China's existing 99% of the white-collar workers will face a big job under oppression! -
and foreign banks started to invest in once the amassed funds, real estate, it is normal because of their operational processes so made out of the house will be cheaper, with the inevitable drag the national real estate declines. As I said earlier, housing prices have fallen, or is followed by the business in your wages! Can you buy a house before prices will not lower repayment or rebate, so you will be incapable to pay exorbitant loan. Then your house will be taken away by the bank, your deposit will be directly freeze. So the future white-collar workers in Chinese cities are maximum presumable and a few decades ago as China's state-owned enterprise workers. Hard two decades, in the end 竹篮打水一场空! -
how to avoid bankruptcy? -
penetrate where you should be aware, do not buy a house is a good path to avert bankruptcy. But I would also like to prompt you not to attempt to jack up the property mart down, they have a way, it is not advocating people do not buy a man child! You do not say, this is truly a little achieve. People now a wharf of the premier sentence is: 'do you have room. 'It seems you do not favor the apartment is a eunuch. I am truly furious with the strength to damn no. Mizuki weeks in Baidu also post it in this post Ping said: 'do not buy a house do you live? 'I wonder, is there a causal interlock to live and buy it? In China, a land not belonging to your house and rented out to you to sell you What is the difference? (Laughs). Not to advert the thieves who, favor property and improper person to forced evictions! This is not purely a 'Emperor's New Clothes' it? But since the WTO has been that China's promulgating manufacture and the media industry is still not open. Then public opinion will retention the market and developers in the hands of the government final trump card. -
so we face a lot of rhetoric, when more than half a brain or your own. After a pack of lies we hear pile up property, more outrageous! For example, recently there are brick home not expensive in price when the advocate said: 'What if 5 million annual salary, the couple is also the year of 10 million, 5 years to 50 million. So of course, price is not expensive. 'I was really startled some people nod? Perhaps for this or these have evolved to eat or drink is not fixed and patients do not dress dead dad and mama had no use for the conservation of the brick home really is that the case may be. Therefore, attention to vigilance. -
Conclusion: -
must buy a house or preparing to buy a house
white-collar family home prices will collapse as the collapse happened it would be a slow process. As short as two years or at all times ten years. But this is an irreversible trend. Therefore, China has 99% of urban white-collar family, said a bankruptcy not an alarmist! Today you pay for each housing delivery to the bank for the Government money for real estate speculators who are repairing the hole, only a small part of the room is real money. Tomorrow, the surroundings changed, and you do not have that much money to fill the hole when the market and banks will be kicked back to the home, and then for a number of new people to fill. Do not believe? Wait and see the pictures! - PS: Why do I say 99% of this number, because according to my understanding once the monthly salary of 99% over 5000 people began to buy a house, or even to buy 3000,4000. What sweethearts do not understand that this life will be pathetic going to buy. I just feel melancholy for them. Of course, if you're that 1% of the advisable men, and more to argue them to save it. Better Together lonely. -
Chinese are the four big when -
largest when: real estate -
buy a house mean? Means that you have a house of their own. Yes, you thought so, but in China you do not own this house, you just rent it. Because the house is yours, not your land, but the land use rights for 70 years (70 years from now it was back during the War, who saw time in the house?). House is usually about 30 years old renovation or demolition will be met. That means you spend the money to buy a house, but can only be renting the actual results. Of course this is not the worst. The worst is when a few years later, you find that fooled! A team of hooligans broke into you life savings to buy a house, drawing a big Chaizi! Then all of your personalties, like when the waste is still out the gate, despite your appealing, and even the newspapers also give you a hook by a flagrant family, any damage of the public when you will know what despair! -
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described China's real estate has a famous joke is written like this: -
ago, there was a landlord there are many places to find a lot of permanent work, the landlord to have built a permanent home to a number of structure consensus, one day, the landlord's advisor on the landlord, said: owner, long-term employment are the hands of these few years some money, they live in your house, the monthly pay Zuzi, not worth, anyhow, they never afford to live, do not you just sell them the house is called from a tricks - public houses for sale! Tell them that the house belong to them forever, you can save them money back in recent years, the landlord said: Yes, that rent how to do? Advisor, said: collects no mistake, from a Japanese label of children, called the property costs! Landowners to implement quickly, and make a lot of money, long-term employment are the happy ah! -
a few years, the landlord of the countryside into town, and the wealthy more and more, no area to live, advisor to the landlord, said: employer, long-term employment are the hands and money in recent years, we give them create a new house, cried from a transformation of the old cheats, they switch their money to us, and we destroyed the house to build a new, and ask them to buy back, you can sell more than cover a number of others, the landlord has carried out, this time, Some long-term workers are not merry, the landlord's retainers put to use, the permanent teeth have had to knock down the larynx to the abdomen, the landlord has made a lot of money. -
Then, after a few years, the landlord of the village adult into a big city, and the rich more, the landlord of the land more valuable,GHD Green Butterfly 2011, and advisor to the landlord, said: club,GHD Green Straighteners, we put these permanent houses demolished in this place to build villas, split out of the house sold to cover those who can earn a amount of money of the wealthy, the landlord said: how to do long-term workers who discontinue? Advisor, said: we give them a little more money, call their places from a financial settlement, then we built our barn next to the house, from a tricks called affordable housing, they built a chariot road to permit them to buy over there room to live, the landlord said: how do they have enough money? Advisor, said: the banks borrow from our house to them before, 6 points a year profits, but also with money, money, nothing if cubs, not any risk, the landlord has carried out, permanent they got the money, the landlords of affordable housing until now built a long-term employment they had to line up the house, until now, still waiting for it ... ... -
Thus,GHD Blue Straighteners, long-term employment began to make difficulty, and the landlord a little nervous, hurriedly asked counselors how to do? Advisor Shui: they must advertise their long-term employ, the house should be dripped in price,GHD Purple Butterfly 2011, do not buy, rent to live it, just rent them to our pen, the result, so many years, long-term employment have all the money gone, still rental housing, forever! -
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joke although a bit amplified, but in fact it not also true? Some people say that being the circumstance? Why do Chinese people have to buy a house? Crazy to buy? Why? Is not the result of the stupefying education, as if 60 years, advocating that people have to buy Big Three: watches, sewing machines, bikes can be a truly successful people marry a wife. 70 support that people should buy a new 4 pieces: TV, refrigerator, bathing machine, install the phone can be considered as a wife have children to succeed, like memorize to install the phone, but to thousands of dollars a ah (per capita income of the small town of less than 200 ), meantime tens of thousands of Beijing and Shanghai is more a time, have to take the human number line to buy, and how to buy a house today, the counterpart? -
Today all the shit
scholars began to fool the people of this set of the old trick: white-collar family of new standards, new alternative for successful small size X ring X Road, X X Road, Central, mercantile and residential type. After you receive hundreds of thousands, must dictate you a monthly rent (the new management fee), bank interest, and various sorts of excuses to raise interest rates, policies and so on and so along. In short you are not afraid to death, but afraid not suffer you to die! Gnaw on how happy people fooled, but a hundred on the tire of it? I am really angry and get it all wet!
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second when: Employment -
weep when something finally started: the year when the taught young, when people are laid off behind no way out, no one can sit-in protest opposition the Council, can only be dwindled to the streets Persons who have ridiculed the melody was also brave in life, start over time. Have you ever thought of! They also have the same scenery and white-collar workmen today! Income and status they had let the people around envy? Have you ever thought 20 years afterward! Like you would like them descend on the avenues, deserted? !
Some say Hey! You do not know the unemployment insurance, stipend insurance, XX assured it? Oh, I drift in Beijing, N years, many insurers pay tens of thousands about it, but when the Pao Duantui unemployment and no one gave me Han insurance, but many insurers have been frozen that I had to pay off, and I could and inflame ... ... than that, you think you do to the age of 60 can get old-age insurance? Out of the sky without money! Today's pensions get older is that we earn! Today 30-40 years of age commonly have several brothers and sisters! Means that today's elderly to get a stipend at 60 is because there are 5 people for an old man! And after our generation is the old one for us two old people! Money get down to? Did not have to! If you are able to live to 90 years old can receive a number of pension estimates, hey take care of it to you. But even so, parents are still mad for the children to the various elements in the state-owned enterprises to send, to me to forever have such an sample. A distant relative of my home, find the relationship between haul friends, spent seventy dollars to his son through an open recruitment crew sent to the traffic police,GHD Diamond Flag 2011, dry on the compact of police. Get 800 a month. Competition results in the third year was down to the brush. Family calling, I said, a good brush, you earn a lifetime ban on that seventy that does not return, and fast wash before nap, and then scrape together some money to change out a small business, go! Probably can earn. -
when I graduated, I took me uncivil language is holding the money, the Department sent me to the XX. I saw the male responsible for recruitment that morality can not assist the nausea, Made in salary, uncivilized language, I'm the white dry it is not only back 10 annuals, the spend of food or beverage. So I'm a private guy threatened, scared that potbellied X capital not longer terrified to confess me. I have had: to flee away. -
I wanted to do not understand? How come Chinese people silly? Such a superstitious country word it? Wake up, that line of thinking is not normal? Prior to his work does not pay to not count cost-effective? -
there are those little juvenile white-collar workers who find work best to pay a higher point, not the insurance to health insurance and nothing, and then save up their best insurance money, will absence it. -
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When the third-largest
: Education -
a diploma worth? A diploma worth? A diploma worth? The top of the publishing costs two dollars a daytime. A teacher pay? Hey, two students a semester tuition enough! A class writing printing how much? Two students, enough! How much rent one class a semester? Hey two students enough. ! Hey! Education in China receive so much money you Why the hell! ? -
Hey! The people are! Why we must be taken? Because the ruling class to tell us young savant was admitted to glory. I'm sorry, I was wrong, and is admitted to the University was honored. But why do people never want to think about reputation? Why ... ... University savant credit what is not consume! -
you know who your baby is teaching it? Generally in China, folk can not accustom to society ambition convert a instructor, for example. Some time antecedent I was a project between the University to ascertain a few graduate students to do programs. Result quite few folk fatuous, do not give you full consideration, guarding you merely must work, yet also to the documents was a typo, not to change, so you ascertain even told you seriously, is this not his fault , is that you give is bad. Little sense of duty, will not think whether one is to do asset and do things or to do one entity and act things. I was very silence and gave them reason: you must study to muse because others, preoccupied what additional people ambition results and then do things. Otherwise it is impossible to survive in society. The results of a few, said: We did not work to the community, we are quite good checkup results, schools should we have lingered for a educator. Originally, we have naught to say the wrong, how do you lay how we do it, do not you arranged as us not to do. This is our self-respect and principles. I said: If you go to the porters, the boss did not sort because you to work when the lock will not latch up your warehouse? You chilling you? After your baby is under the guidance of such a human learn and grow. Rest assured it? -
is no wonder that college cohabitation, truancy, fighting, suicide ... ... but the parents are still willing to spend money to mail their children to educate, and life is to cost the money. -
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fourth-largest when: a car -
Chinese people crazy? Buy a car? Why buy a car? ? ? Of course, you not only money spent, you adore how to buy how to buy, buy a car, anyway, how up you Huabu Wan oil money, the house demolition you should not feel bad. But most people do? -
I had a colleague to live the North Second Ring, the company Xizhimen there. Most probably take the subway to work each hour. Charade may must buy a second hand, every morn at 8 o'clock ashore the road Duzhe, and then shook to the company little by little. Hey, a month parking fees are a lot. But they were felt to open the motorcar its own identity senior point. Not to mention open a Charade, Audi is open to whom I have not seen the three knock nine who worship. In adding to see a little silly than others outdoor their own no other effect. -
another cause, I met the girl a month income to 4000, loans to buy a car in the plan. So I asked her: little girl, I've got to do affair, their work on time, Metro and handy to buy a car do? Thought for a long time, it is estimated can not think of anyone reason came and said: periodically go to the supermarket to buy things right, kick another car approach the point is not worth that, wading and a grain of truth the point. So steer yourself go! I virtually did not hear disgusting. You drive to the supermarket to buy instant noodles do not feel sick it? Equipped with cellular calls to go incommunicado, is incommunicado for! Do not think that buying a car can testify everything. -
example, I now own business, very engaged day to run about 4-5 places, see a lot of clients. But I do not buy a car, why? I took a cab that came with the move, hit left, no place to fret about parking, do not worry about hanging a touch, and without fear of being thieves knotted, regardless of rain has hung the wind driver. Bumped a traffic jam if you can get off the subway. More than ten thousand a year will block RMB! Buy a car! Parking fees had more than ten thousand a year! This is not silly it? -
Do not buy a car
say do not buy a car, there are countless people who can be mad to go lend money to buy? Die in their own future must not undergo too like! Buy it, buy a not finished raising interest rates? Oil prices are not outrageous? Parking and is not expensive? Regret not it? The road to a cheapening of the new car bargains are also not sell the right? ? -
acquaint you that oil prices have to heave. Must be the same as oil prices rose and the dollar. Hey! You take the old U.S. 1 / 10 of income,GHD MK4 Gold Straighteners, home patronize and a price of gasoline. I think you do not must se. -
last say, everyone is not stupid, are small by stupefying education Jinong Han had. Silly point does not material, but of life or decease thing you still firm with the point, more calculating the relationship between the economic interests of plan! Do not end, a real estate or fuel of a rose, took the money to pay the recess of your life know next to nothing ofmething Han diploma will not do, for several decades to pay exorbitant taxes and levies creature no beyond Han Han. You can not just post losses of hundreds of thousands. -
What was said? Oh no way, do not, and do not buy a car you, the bus ah good squeeze. I said that out of all the stupefying education is doing strange vanity. You look at me, just lease a house to live more than a thousand chips a month, it is equivalent to some people's property costs. If you want to get married I still furnish to rent 3-4 thousand, and furniture decoration should be a entire. Which convenient, but also where I live. Not want to move to long-term rent. And also a kind of cross-property charges. Province, also in vain that the banks loans, interest, down payout heap. Something hit the car, nothing on the subway, ten thousand days a year, and also save a garage, parking fees, fines and other pile, the oil price rose to 10 also Lehe, do not defer things. I ran the University did not finish, while the market a self-study while planning to run their own business, do not they also can enter the foreign-listed companies as a director it? Also saves the tens of thousands of tuition fees. -
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way, some people would say: You do not even have a house to buy, specify no wedding. I thought to myself: I do not, you think you have ah? Some people say that is not value renting, leasing up all butmeone else, hey, do you think has a few years to buy a house loan, paid off is your, ah ... ...