well-known economist in Hong Kong - Lang
in the next 2-10 years you can attempt to mistrust this figure, but it is leap to happen, not alarmist. But it does happen. Because in China, a developing country, its leap to reserve to inflation and reforming means for economic development. And each time the aches of reform brought to bear by the people. Whether it is mountainous and rural areas of the educated youth were disturbed, or when the reform and opening up a large number of state-owned enterprises have been closed down when a large number of laid-off workers. If they have a certain forward-looking, then I think they may leave a little for their own posterior. However, deserving to over-confident and over-confident life will not file mutations, accordingly causing the tragedy of their lives. -
Some say the government will not sit idly by pearly bankruptcy, the Government has of course not. Some things ... how can I say. I think back to the laid-off workers right. Caused so many social turmoil. Can do? Today's white-collar workers when the bankruptcy morrow for it has. -
and 20 years of reform and prologue up, China's rapid economic development take off. But the old system does not entirely change. A variety of important industry is still in force is a government monopoly system in action. Such as: banking, finance, metallurgy, stamina, message, transportation, health care, education, and land. China's reform and beginning up of these things can not be all aspects of reform and opening up. But today, monopoly brought ever more pronounced. -
bear the brunt of real estate. As China's valid system is not faultless, especially the field of finance and reform, the emergence of a variety of faults made along real estate has been rising. With the amplify in real estate and the natural population to focus above colossal cities. So the current urban operators is the so-called But this part of the earnings is mainly used to pay rent, or loan. -
To better understand why 99 percentage of white-collar families will go bankrupt, we must premier know why the prices so high? High, where? Funds work? (This refers to white-collar ready to buy a house buy a house or kin.) And the evolution trend of narrated effects. This article will unravel to you in three stages. -
1: cause prices soared, the first factor: Bank loans under open competition. -
In fact, housing prices soared
cardinal factors for the Government because of the people in the mistakes pay. Such as before a developer through a bank loan of 10 million to develop a house. If he does not activity that bad fortune, because all the banks are a system, you owe the money did not also no chance to turn around. But China's banking reform on the basis of a hole open to competition between the banks so the ICBC, Agricultural Bank, Construction Bank, and so on all operate independently. This is a good thing. But the problem is that these banks are not personal, but the country. We can imagine. When a developer from the bank loans to 10 million results. He only need 5 million to develop a house, then the price increase, then the development of the price of the house according to his standard mortgage loans to 20 million from the ABC again, and then use that 20 million of 10 million development of a sets a higher price of the house came to 40 million Construction Bank mortgage. Is such a crazy snowball borrowing model. -
get out of the house you serve is not important, the opener is the price higher, not lower prices. Anyway, the bank's money is not private, so a little bit to explicit the chancellor together with different -
then this result is that house prices do no equitable ascend down! Because they can no fall! A bank lend out money or never come behind. This is the government's banker, the government's money! Therefore, in order to block the funding dark chasm is apt buy some of the specialists, the medium began to create public attitude using a diversity of media frenzy means of coercion of people 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 Yeah like. Cause people had to buy a house. In truth, can not live in this city that was impossible, a new urban residents is the process of replacing old, live in the city to work, like to live in the suburbs of retirement. As long as the population burst will not seem on white-collar workers do not live city center can not be the circumstance. Although these media caused a lot of people buy a house, but only so high prices have not at present off the jot immediately. Then the government made the second mistake. -
2: prices soared,
GHD Red Butterfly 2011, leading to the second error: a mortgage with Chinese characteristics. -
mortgage would be a very renowned system in the West, is also very applicable. However, this system applied to China once a little problem. Because for large institutional. All banks are state, not personal. The lending this juncture it is impossible to control is maintained. As long as the file makes sense, people will be able to credit to the article. -
to the first error as soon as feasible to ease the fiscal black hole caused. Government began to appliance the system to individual mortgage houses. What also often give to his wife and the Chinese American woman's example to bait people to the mortgage. Indeed it was the mortgage, and it is crazy mortgages. And banks at the peak of a little They first mortgage a 80 million homes, own a 100,000 down payout and then from the bank loan 700,000. Then after the house sale to raise prices to 1.8 million. This time their relatives or Mom and Dad go to buy, but also with their own way out of the mortgage down payout 300,000 loan from the bank 1.5 million. Then on the matter. They do not how to do the loan? Banks love collection charge. Anyway, I'm not under contract can take away your money on the house, we have two conflicting less. -
so rotated approximately, heaved several times the price of the house back to the hands of the government back to the bank. This explains why the beginning of many new real estate fix was They are not fried gambling house will appreciate. But the bank took the house to wash up. -
bank got the house how to do? Are afraid to slit prices. Had to add some value and then sell. So ordinary people are now not even think to buy a house really rational price! Even if you bought instantly from the hands of developers house might have switched hands several times returned to the hands of the banks and developers. To say something now 8000 / level house, there are only 2,500 is the price, 5,500 are thought to bring the money black hole making mistakes! That means you are limited to the hard working backside. -
3: The third question: white-collar families when bankruptcy? ? -
we study why the house prices up, repeatedly look at the so-called white-collar families in Chinese cities the essential of bankruptcy. -
first foreign white-collar income is really high, but high worth. The Chinese called the white-collar workers are generally needy quality. Chinese enterprises serious interior friction. Everyone scorn all headstrong. No surprise foreign companies entered the China market began to exclaim: That someone would say: The loss of a large number of bank funds through the hands of a few people went to the market. These people began to make aggressive investments in other areas of China. Because they knew that real estate is in the near future collapse. They do another circular of investment boom is rapidly preoccupy the asset, they invest in the Internet, high-tech investment, investment and distraction, investment many, many. But at fewest enough to pay wages to employees or pay every month rent on a house for it. Therefore, it is because the rising price of China's urban population created a relative compensation increase. You do the math you do not believe the city where the average income of white-collar workers, once paid the monthly housing money, how many will be left to the hands? I think this would not I be wordy it. All psychological few. So I can say thin no time the real estate break that emulated the collapse of your wages. -
I know there are many, many white-collar workers who have bought the house. Their cerebral is simple: But because your house so what are expensive. Eat your, your transportation, your tuition fees, therapeutic costs are more expensive! ! ! So the money you pay the chamber individually from the cost of living and then basically kept a cent for it, even if the save point also keep up with normal inflation rate. The problem is if you will nourish the status quo, then, in theory, should be fine. You two decades earned money just to make up for the loss of two mistakes. -
but the problem out here. With WTO5-year elegance phase to the end, a large digit of foreign communications, banking, healthcare, insurance, and so companies will have moved into China. That time no one can stop you put money into Citigroup, HSBC deposit. What about that time who are willing to put money in the amount of bad debts so many Chinese state-owned banks? And then how to take fathom even now the Government could run, so what will happen when the time is still hard to say. But one thing is definite is that these banks to China's state when the oppression will chance colossal. Loans will be tough to multiplication on, because banks have no money to credit! At the same time a large number of high-quality aptitude with foreign-funded enterprises to enter the Chinese market will bring a lusty shock and the collapse of a large digit of existing enterprises and white-collar unemployment. In other words. Once the foreign-funded enterprises to add the competition, China's existing 99% of white-collar workers will face under the employment pressure surroundings! -
and foreign banks started to invest in once the accumulated funds in real estate,
GHD NZ, then normal operation because they are made out of the house so the process will be inexpensive, must boost its citizen real estate dropped sharply. As I said earlier, prices have fallen, or is followed by the business in your wages! Can you buy a house before the loan will not reduce or reduce the price, so you will be unable to pay exorbitant loan. Then your house will take away the bank, your deposit will be directly frozen. So the future of Chinese cities may be the greatest white-collar workers and a few decades ago, like the Chinese state-owned enterprise workers. Hard two years, in the end 竹篮打水一场空! -
how to avoid bankruptcy? -
watch where you should understand, do not buy a house is a good way to dodge bankruptcy. But I would also like to remind you, in order to shove up the property market does not fall, they have a way that is not advocating people do not buy a man child! You mention, this really little efficacy. Now people a jaws first sentence is: I am really vexed with the strength to swear no. Mizuki weeks in Baidu also post it in this post-ping said: In China, a land not belonging to your house and rent you must sell you what is the difference? (Laughs). Not to say the same property and the gangsters who compelled evictions of people bad! This is not simply But since the WTO has indicated that the promulgating manufacture and the media industry in China is still not open. Then public opinion will become a government bailout and developers in the hands of the 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 housing, speed up outrageous! Such as recent prices have brick home not expensive when sermonizing said: Some nod? Perhaps for this or these have evolved to eat or drink without disease does not move and do not wear dead dad and mama had no use for the conservation of the brick home may really be the case. Therefore, we pay care to vigilance. -
Conclusion: -
ready to buy a house buy a house or have a family of white-collar workers will collapse with the collapse of housing prices, that would be a slow process that occurs. Short as two years or by the time ten years. But this is an irreversible trend. Therefore, China has 99% of urban white-collar workers,
GHD Leopard Grain, said a bankruptcy not an alarmist! Today you pay the bank money is for the Government of each housing allocation for real estate speculators who fill holes, only a small part of a real house money. Environment a change tomorrow, you do not have much money to fill holes 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 Bai! - PS: Why do I say that 99% of this number, because according to my understanding, once 99% of the monthly salary of over 5000 people began to buy a house, even 3000,4000 buy. What sweethearts do not understand that life will go on to buy badly. I just feel melancholy for them. Of course, if you are that 1 percent of the sapient, than to argue them to save it. Better Together unattended.
Chinese are the 4 large when
largest when: real estate
buy a house mean? Means that you have a house of their own. Yes, you think so, but in China and you can not have this house, you just rent it. Because the house is yours, not your land, but land use rights for 70 years (70 years from now it is back Sino-Japanese War, who have seen the house that time?). House, usually 30 years hardly ever the demolition or upkeep will be met. That 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 you find that after decades of fools! A group of hooligans broke into your house with their life savings to buy the drawing on a big split-! Then all of your belongings, like when the waste is still out of doors, regardless of your alleging, and even still you reception on a news list of the notorious nail, anybody abuse of the public when you will know what despair!
narrated the Chinese real estate has a renowned joke namely written favor this:
ago, there was a lot to the landlord, to find a lot of permanent work, and the landlord to have built a permanent Building team unity lived a day, the landlord's advisors on the landlord, said: club, long-term workers are a bit of money on hand the past few years, they live in your house, the monthly pay Zuzi, worth, anyway, they will never furnish to live, do not you just sell them the house from a tricks is called - public houses for sale! Tell them the house they never go, you can save them money back in recent years, the landlord said: Yes, how do I rent? Advisor, said: according to income is not wrong, from a Japanese label of children, called the treatment fee! Landlord quickly implemented, and made a lot of money, long-term employment are the happy ah!
a few years, the landlord of the countryside into town, and the rich pile up, no location to live, advisor to the landlord, said: club, long-term workers were on hand and money in recent years, Let them establish a new house,
GHD Precious Gift Set, phoned from a transformation of the old tricks, they handle the money to us, we plucked down to construct a new house, and narrate them to buy back, you can sell more than cover some of the others, the landlord has carried out, This time, some long-term workers are not merry, the landlord of the retainers come in use, the permanent teeth have had to beat down the throat to the tolerate, the landlord has made a lot of money.
A few years later, the landlord of the village adult into a big city, and the rich more, the landlord of the land more expensive, advisor to the landlord, said: club, we put these permanent houses destroyed , in this place was built villa, split out to cover the house sold to the rich who can earn a amount of money, the landlord said: how to do long-term workers who leave? Advisor, said: we give them a little more money, from a financial accommodation called tricks, and then we built our barn next to the house, from a tricks called affordable housing, they built a carriage road to permit them to buy over there living room, the landlord said: how do they have enough money? Advisor, said: the banks lend from our family before them, 6 points a year profit, but also nothing if the money begets money the Cubs, not any hazard, the landlord has carried out, they get the money long-term root, the landlord of affordable housing until now built one, they had to await in line for permanent house, until now, waiting for it ... ...
Thus, long-term employment began to make distress, and the owner a little nervous, hurriedly inquired counselors how to do? Advisor, said: They must notify the lasting house to be dripped in price, do not buy, rent to live it, just rented it to them our pen, the result, after so many years, long-term employ have entire the money gone, are still renters, forever!
joke though a bit amplified, but in fact it not also true? Some people say that creature the case? Why do Chinese people must buy a house? Mad to buy? Why? The result of education is not obscurantism, as whether 60 years, advocating that people have to buy the Big Three: watches, sewing machines, bicycles really successful people can marry a wife. 70 years advocating that people have to buy four new pieces: television, refrigerators, washing machines, tel equipment can be considered to succeed as a wife have children, remember the thousands of dollars to setup a call, but ah (per capita income of fewer than 200 town ), while tens of thousands of Beijing, Shanghai and more a time, had to take a people number line up to buy, and buy a house today, how it is alike?
and today all the shit in this set of scholars began to fool the people of the old trick: the new standard white-collar, successful people choose a new small size X ring X Road, X ring X Road, residential and advertisement type. After you receive hundreds of thousands, must charge you a monthly rent (the new property fee), bank interest, and various sorts of pretexts to raise interest rates, policies, and so on and so ahead. In short you do not be afraid to necrosis, not afraid to dead you miserable! Gnaw on how happy the people fooled, but one hundred tire on it? I am really angry and get it all rainy!
second when: Employment
When something finally began to sigh: the year when the educated youth, when people are laid off after no direction out, no one can sit-in protest ignored, can only be dwindled on the streets also were compiled heroic anthem laugh at life, start over the time. Have you ever thought of! They also have the same scenery and white-collar today! Their income and status have also let the people around envy? Have you ever thought 20 years later! Like you would like them descend on the avenues, deserted? !
Some people say hey! You do not know the unemployment assurance, pension assurance, XX insured it? Oh, I float in Beijing N annuals, numerous insurers to pay tens of thousands about it, but when Pao Duantui unemployment and no one gave me Sha warranty, but many insurance policies that I have been frozen for paying off, and I just and inflame ... ... More than that, you muse to the old of 60 you can get actually old-age insurance already? Out of the sky without money! Today's pensions are older we get the earned! Today 30-40 year-olds routinely have several brothers and sisters! Means that today's retired to get a pension old of 60 is for there are five people for one age male! And after our generation growing antique is a person for the two of us old people! Money get cracking? Did not come! If you are skillful to live to 90 years is estimated to receive some of the old-age insurance, hey You a standing ovation it. But even so, parents are still crazy and put their children to a variety of companies in the allocation of state-owned elements, to me it always has such examples. A far comparative of my family, find the relationship between haul friends to spend seventy thousand greenbacks to his son through an open recruitment group sent to the vehicle police, dry on the compact the police. A month to get 800. The third result was tournament to the brush down. A people crying, I said, a agreeable brush, you acquire a lifetime forbid on that does not back that 70,000 first clean sleep immediately, and then scrape together some money to change out a small business go! Probably can acquire.
when I graduated, I led my profanity is holding the money, the division sent me to XX. I saw that the man responsible for recruitment morality, could not assist the nausea, Made in salary, profanity Yeah, I is not eat or drink until the white dry-back 10-year cost. So I had that lad a privately intimidated, horrified that potbellied X no longer fearful to admit I am capital. I just have to have: away from home.
I wanted to do not understand? Chinese people ye so fatuous? Such a superstitious country word it? Wake up, thinking that the line is not normal? Prior to his work does not pay to not calculate cost-effective?
there are those little white-collar workers are juvenile, it is best to find a job to pay the high point, not to health insurance and Han, insurance, and then save up your money most insurance will absence it.
third when: Education
a diploma worth? A diploma worth? A diploma worth? Top of the publishing costs two dollars a day. A teachers salary? Hey, two students a semester of tuition enough! A class writing printing how much money? Two students enough! How much rent a class a semester? Hey two students enough. ! Hey! China Education Why the hell you receive so much money! ?
Hey! The people are! Why should we be fooled? Because the small ruling level told us was acknowledged savant credit. Oh sorry I am wrong, is it honorable to go to academy. Why do people think about but never go to honor? Why is glorious ... ... University scholar and how not waste!
you know who your child is instructing it? In China are generally incapable to adjust to society, people would become a instructor, for instance. Some time ago I as a project, find a few college students doing master's agenda. The results are very few people stupid, do not give you full attention, you have to forsake it to work, but also to the documents obviously a typo, not to change, so you find even told you seriously, is it not his fault , you give is wrong. Little sense of liability, will not consider whether an order to things and do things or to do one thing and doing things. I was very silence to reason with them: you must study to think for others, the results of re-thinking people want to do things. Otherwise it can not survive in the community. Results of those few, said: we do not go to the community,
GHD IV Salon Straighteners, we test scores good enough, we are staying in school to a teacher. We had naught to say the wrong, how do you arrange how we do, do not you arranged for us not to do. This is our self-respect and principles. I said: If you go to the gatekeepers, the foreman did not prepare for you to work when you do not bolt storeroom latch it? You chilling you? After your child is under the guidance of such a person learn and grow. You ease it?
cohabitation is no wonder that university, truancy, fighting, suicide ... but the parents are still willing to spend money to mail their children to school, but a lifetime to spend the money.
fourth-largest when: car
Chinese people outrageous? Buy a automobile? Why buy a car? ? ? Of course, you not merely have money to spend, and how you love to buy how to buy a motorcar buy a house, anyhow, how up you are ample of oil money, the house demolition you should not feel bad. But maximum people do?
I used to have a companion to live the North Second Ring, the corporation Xizhimen there. Most probably take the subway to work each hour. May must buy a second-hand Charade, 8:00 each a.m. to start on the road Duzhe, then moved a little bit of corporation. Hey, a month parking lot. But she felt the car its own identity to open high-level point. Not to mention open a Charade, is to open a Audi I have not seen who knock nine of whom three worship. In appending to appear a little silly than others appearance their own no other function.
Another time, I met the little girl was 4,000 a month income, car loans in the program. So I asked her: little girl, I've got to do business, their work in due time, Metro and convenient to buy a car do? Like a long time, it is estimated could not think of a reason to say: Sometimes things go to the supermarket to buy it, they feel a cab close the point is not worth the walk but in no way the point. So steer yourself go! I virtually did not hear nauseating. You drive to the supermarket to buy immediate noodles do not feel sick it? Equipped with cellular phones to Jianla Ji, also Jianla Ji's! Do not think that buying a car can certify anything.
example, I now own business, busy day, waded about 4-5 places, see many buyers. But I do not buy a car, why? I hit that car with the move to, punt left, no place to fret about parking, do not worry about hanging a touch, and without fear of being a thief stole a knot, whether rain has hung the air driver. Bumped a traffic jam if you can get off the subway. Year also more than ten thousand pieces RMB! Buy a car! Parking fees had more than ten thousand a year! This is not stupid it? Do not buy a car
that car, there are innumerable people who can be mad to go borrow money to buy? Must not be also miserable to die like their future! Buy it, buy a not finished raising interest rates? Oil prices are not crazy? Parking and is not expensive? Regret not it? A road car to sell on value plunges also sell the right? ?
tell you that oil prices have to rise. Must be the same as oil prices rose and dollars. Hey! You take the old U.S. 1 / 10 of income, and others a raise petroleum prices. I see that you do not must se.
last mention, everybody is not fatuous, there was only a stupefying pedagogy Jinong Han. Silly point does not material, but the object off your life you still firm with the point, many figured the relationship between the economic interests of maneuver! Other end of the daytime, real estate have fallen, oil price heave, the money to pay the repose of my life took a diploma,
GHD IV Mini Straighteners, or what what is not dry, because several decades to pay exorbitant taxes and levies likewise what what benefits do not. You can not just scatter loss of hundreds of thousands.
what was said? Oh no way, can not live without a car you, good bus thronged Yeah. I say all is vanity literate cheats doing curious. You see at me, just rent a house to live extra than a thousand pieces a month, it is equivalent to some attribute prices. If you want to get married I have 3-4 thousand of affordable rent, furniture, elaboration one should be full. Which also handy where I live. Do not absence to move on long-term lease. Also a variety and pay attribute charges. Province of the banks also vain loans, interest, down a lot. Something kick the car, right on the subway, a year ten thousand days, and also saved a garage fares, parking fees, fines pile, oil prices rose 10 Lehe also not tarry things. I ran the campus did not finish, while the mart a self-study when planning to sprint their own business, do not they also can enter the foreign-listed companies as a manager it? Also save the tens of thousands of tuition to.
course, some people will say: You do not even have a house to buy, clarify get married. I thought to myself: I do not, you think you have ah?
Please do no purchase a house and automobile of a
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