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819【Real Estate Bubble】

Before the summer acquisition, Wenhe Group was a listed company that relied on leasing properties and issuing new shares to make a living.

The Wen family holds all important positions in the company, sucking the blood of shareholders while sucking the blood of the company. But they don’t care about how to develop the company, so there is no accumulation of talents in this area.

After acquiring Wenhe Group in the summer, he did not receive decent talents. Therefore, if he wanted to learn from Li Jiacheng, Guo Bingxiang, Zheng Yutong, etc., no one could use it to play real estate development. In addition, his ambition was not in the real estate industry, so he was even more reluctant to use his brain to develop it, just hoping that it would make a profit.

"No talent can be recruited, no experience can be learned. I think the price of Hong Kong real estate will not drop in the next ten years." Xu Feng said confidently.

"Professor Xu, why are you so sure?" Chen Yixin asked in confusion when he heard this.

"Because the Hong Kong and British government will not let it fall." Xu Feng smiled mysteriously.

When Xia Tian heard this, his eyes lit up.

Chen Yixin was still ignorant, "Why doesn't the Hong Kong and British governments want real estate prices to fall?"

Real estate prices have always been controlled by several major real estate developers, and he really doesn't understand what role the Hong Kong and British government can play.

"Because Hong Kong will return to the mainland in 1997, if you were the Hong Kong and British governments, would you be willing to return the mainland to a prosperous Hong Kong, or would you return them to a Hong Kong full of hidden dangers?" Xu Feng asked.

Chen Yixin was stunned and thought for a while, "If I were the Hong Kong and British government, I might have a broken Hong Kong for the mainland." Since it is not my own, then I can just make a lot of trouble and throw a hot potato for the mainland.

"That's it. So raising housing prices and raising them to an unreasonable stage, blowing the bubble in the real estate market even wider and wider, making all Hong Kong people crazy about the real estate market, buying houses, not hesitate to borrow money, not hesitate to buy all their wealth, hoping to make a fortune. By then, the interests of all Hong Kong people will be closely related to the real estate market."

"In 1997, the Hong Kong and British government returned Hong Kong to the mainland, and then burst the Hong Kong real estate bubble. By that time, housing prices plummeted, and millions of Hong Kong people took all their wealth. The houses they bought with loans could not match bank loans, and they changed from a house-owned class to a negative asset, and finally went bankrupt. The hope of getting rich was shattered. Who do you think they would blame? Will they blame the Hong Kong and British government that had always made them have hope before, or will they blame the mainland that had burst their dreams?" Xu Feng explained.

"Wow! This move is so vicious!" Chen Yixin said with a frightened look on his face.

If the Hong Kong and British governments do this, millions of Hong Kong people will suffer as a result. Many people’s lifelong savings may evaporate, which is really terrible!

"Mr. Xu, this is just your own opinion. Let's not talk about whether the Hong Kong and British government will turn Hong Kong into a 'stinky port' and return it to the mainland. Even if it does this, it may not be able to use its brains in real estate. For example, the stock market, banks, people's livelihood facilities, etc., it's okay." Zhao Shikang, general manager of China Coal, was a little disbelief.

"I didn't say that the Hong Kong and British governments would not do anything in the stock market, banks, people's livelihood, etc. However, the most easy place for the real estate industry is because all land in Hong Kong belongs to the Queen of England in principle, and the most important resource for real estate development is land. As long as the Hong Kong government controls the auction of land, the existing land prices can soar. Because things are vaguely expensive!" Xu Feng explained.

If Hong Kong is to be saved, the mainland's financial resources will be severely bleeding. You should know that in 1997, the mainland's economy was not too developed. In 1997, Hong Kong's GDP was US$177.4 billion, while the mainland's GDP was only US$9.62.5 billion, which is only five times that of Hong Kong. So if Hong Kong wants to maintain its prosperity and stability, the mainland will really have severe bleeding. In fact, the mainland has indeed lost a lot of blood to Hong Kong.

"Brother Tian, ​​their approach is really too bad. We can't let them do this." Chen Yixin said indignantly when he heard this.

The Hong Kong and British government did this clearly to cause trouble to Hong Kong and harm the general public. It is really hateful. This matter should be told and reminded to the citizens so that they can see the true face of the Hong Kong and British government! Don’t be deceived!

"What else can I do if I don't let it do this?" Xia Tian shook his head and said.

This matter cannot be resolved because people use it as a conspiracy and openness.

Hong Kong's land was originally sufficient, and there was a lot of land for development in the New Territories. However, the British Hong Kong government and major real estate developers joined forces to secretly fund some environmental protection groups, saying that they should protect the environment and not allow the development of that land, and that a piece of green space should be retained for Hong Kong.

Protecting the environment is a very correct thing. No one is unwilling to live in a clear water and blue sky, so no one will not support it. Once it is supported, the land in the New Territories cannot move. Kowloon and Hong Kong Island are limited. The so-called things are vaguely expensive, so it would be strange if the housing prices do not rise!

Furthermore, banks lower interest rates, which is also a very normal business behavior. Lowering interest rates can stimulate the development of Hong Kong's economy, and no one will be unwilling to do so. Ordinary citizens hope that banks will have a lower loan, so that they can go shopping, buy houses, and buy cars to improve their quality of life.

So a conspiracy like this cannot be solved at all. Unless you have more strength than it.

"We can use the media to announce the conspiracy of the Hong Kong and British government!" Chen Yixin said, "Citizens will be alert when they know this. They will not be deceived, and the conspiracy of the Hong Kong and British government will go bankrupt."

"It's useless, Mr. Chen." Xu Feng waved his hand and smiled when he heard this.

"Why? You haven't tried it, how do you know it's useless?" Chen Yixin frowned and asked unhappily when he saw him say this.

"Everyone knows that smoking is harmful to health, but how many people smoke on the street?" Xu Feng smiled slightly, "People have a lucky mentality. Even if they know that this is a conspiracy, many people will not help but tempt or insist on being deceived. Because they believe that as long as they are smart enough to leave early, they will not only not be hurt, but also make a big profit."

"This..." Chen Yixin was stunned when he heard this.

"Yes. If people knew that housing prices would continue to rise until 1997, not only did no one withdraw, but they were afraid that more people would participate in housing speculation." Xia Tian also nodded and said.
Chapter completed!
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