This directly resulted in first-tier city housing prices being able to maintain their nominal value by freezing the transaction market.
Once the bio-communication network of Kechuang Bio is deployed on a large scale, it will not only affect high-income groups, but also all positions will be moved online.
The loss of population in first-tier cities is not simply a matter of collapsing housing prices.
The massive outflow of population led to a complete collapse.
This is a difficult choice, but fortunately, China still has time. Currently, the bio-communication network is only limited to Suzhou.
Meanwhile, thanks to the bio-communication network in Suzhou, the city's housing prices not only did not collapse, but instead experienced a surge.
The reason why China's technocrats have chosen to focus their next move on first-tier cities is precisely because they hope to take advantage of this opportunity to drive a significant increase in housing prices in these cities.
Then, taking advantage of this surge, the "financial bomb" will be defused at a specific point.
Simply put, rising housing prices and active transactions are forcing loan customers to repay their principal early.
Reduce the total amount of all mortgage loans.
When house prices fall, homeowners find it difficult to exchange their properties for cash at a reasonable price on the market, making it impossible to settle their mortgages.
Defused the financial bombs surrounding housing can only be done when everyone believes that housing prices will rise.
The opening time of the bio-communication network has been carefully calculated.
Each batch of cities must defuse the "financial bombs" and at the same time alleviate local fiscal pressure by using various taxes from the trading market.
After communicating with China's financial system, Li Miaomiao couldn't help but feel terrified by its strategies.
From the time the report was submitted via virtual reality device to the time negotiations were completed with Zheng Li, only half a month had passed.
Technocrats have devised a complete solution that can burst the real estate bubble without compromising the security of China's financial system.
Everyone knew the real estate bubble was about to burst. China's real estate, America's stock market, and Japan's government bonds were hailed as the three great miracles of the financial world.
Everyone thought they would explode, but they just didn't.
Previously, the widespread adoption of industrial VR and artificial intelligence in the industrial sector barely managed to maintain housing prices in first- and second-tier cities by increasing the difficulty of transactions.
Third- and fourth-tier cities collapsed long ago.
Virtual reality technology has given them an idea for decoupling real estate and finance.
Based on the activity in Suzhou's real estate market over the past two months, Li Miaomiao knew that the plan was likely to succeed.
Having worked in the workplace for so many years, Li Miaomiao is perfectly capable of keeping her emotions hidden.
Even though she was terrified inside, she still put on an admiring expression: "This is truly a perfect plan. You are indeed a veteran in the financial field."
"This is what the younger generation thought of; I didn't actually do much work."
We simply checked and filled in some gaps in their plans.
Actually, for us, the work has only just begun.
There is still a lot of difficult work to be done.
The massive outflow of people caused by the virtual world alone is a major headache.
Xiao Li, as you've probably noticed, since the advent of VR, the popularity of civil service exams remains, but complaints about them are increasing on social media.
"Yes, I often see topics like the difficulty of civil service exams trending on social media."
"This is because first- and second-tier cities are reducing their staffing quotas and releasing personnel."
The overall staffing has been reduced, with a slight increase in third- and fourth-tier cities.
The main reason for this shift is the population outflow caused by industrial automation.
Our estimates will take time, after all, technological development also takes time.
I just didn't expect your company's technology to progress so quickly.
The massive outflow of population will happen faster than any of us anticipated.
This will lead to a large outflow of population from first-tier cities, and the outflow of population will further lead to many derivative problems.
The operation of a city requires costs. The more people there are, the lower the unit cost will be, while the fewer people there are, the higher the unit cost will be.
All we can do now is take it one step at a time.
"You've done a good enough job of sorting out the relationship between real estate and finance."
This should be a challenge for everyone.
In fact, by 2023, the number of people working on-site in Suzhou had been decreasing.
Often, less than a third of the workstations in the entire building are occupied.
We also went through a process of trial and error before gradually reaching a balance.
Li Miaomiao was invited to Yanjing this time and met with many key figures.
Everyone wanted to know her and Zheng Li's views on the virtual world.
This is something entirely new, and these people are very familiar with how virtual worlds work.
Some have experienced it themselves, while others have heard about it from others.
Everyone's decisions can directly affect all aspects of China.
The key figure in the financial field that Li Miaomiao met today can directly influence China's monetary policy.
Their decisions also take into account the next steps of Kechuang Bio.
Because Kechuang Bio's products do not follow the logic of technological development at all, it is a kind of illogical entity that can have a huge impact.
All we can do is increase the frequency of communication and exchange, and plan ahead.
Compared to other countries, China has at least taken the lead in this regard.
......
"Malaysia and Singapore reach agreement"
The Malaysian Parliament passed a resolution yesterday to cede a 1,572.7 square kilometer plot of land in southern Johor to Singapore.
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