The sun is at noon.

The sunlight sneaked into the room from the window and fell on the face of the sleeping man.

Seeing Nagano Nao sleeping soundly, Nagano Yuki left the room and couldn't help but mutter, "Oka-san, what weird things do men think about?"

"Why do you suddenly ask such a question?" Nagano Kanako felt guilty and did not dare to answer, but asked carefully in return.

Sit down with your knees pressed down.

Nagano Yuki held her chin with a confused and bewildered look on her face: "That's it! Although I don't know what the straight man is doing, he should have a lot of money! Why would he take such a huge risk to make money that he can't spend anymore!"

"Well, I think we should always have ideals in life! Just like you, Yuki, must go out to work. Is it for the money itself?"

"Yeah! It's already eight o'clock. I might be late!"

Changing skirts in a hurry.

Yuki Nagano threw her bag over and ran to the door, put on her stockings and high heels, and rushed out.

But halfway through the journey, he suddenly turned back.

"Okasan, when this guy wakes up, please tell him that if he does anything risky again, he should think about the fact that he is not living alone."

"Why don't you say this yourself, Yuki?" Nagano Kanako smiled jokingly.

Nagano Yuki's face flushed: "It's embarrassing to say such things! Please."

"I know!"

"Then I'll go to work first."

"Be sure to pay attention to safety on the road."

"I know!"

“.”

Spent a day and a night in the Special Investigation Department.

Although I didn't receive any physical punishment, I wasn't allowed to sleep in bed, so it was still very tiring to go through it all by myself.

certainly.

The most tiring thing is mental.

After all, even if it represents justice, it still takes a lot of physical and mental energy to implement the punishment! Sleep until you wake up naturally.

Looking at the time, it was already ten o'clock. Nagano Nao stretched and got up.

Walk out of the room.

A plump figure is preparing food in the kitchen.

A rich aroma wafted over. I was already hungry, and the smell made my appetite grow.

Just wash up casually.

Nagano Nao walked over barefoot and greeted, "Oh hayo, Oka-san."

"Hate it! I told you not to use such embarrassing names." Nagano Kanako said angrily, laughing and complaining at the same time, obviously feeling that this was very perverted.

Nagano Nao just chuckled, hugged her from behind, and said, "Why do you feel embarrassed? This is obviously what you should call me."

"Please stop talking straight, Kanako will die!"

"Oh. So if not Oka-san, what should we call him?"

"Just call me by my name!"

"If it's Naijiang, then Qianxue will have to call daddy, that's so weird!"

"Ah! Please stop talking."

“.”

"Don't be lewd."

“.”

“It will be a mess.”

“.”

I have to say.

The standard of food at Kanako Nagano is very high.

Even if it’s just breakfast.

It’s also nutritious and full of flavor.

If I had to sum it up in one sentence, it would be - delicious and juicy.

Enjoyed a rich breakfast without being disturbed by anyone.

Naoo Nagano sent Kanako Nagano to the fruit shop and chatted with another proprietress, Mrs. Yamaguchi, for a while. Finally, he withdrew his finger in front of Mrs. Yamaguchi's blushing face and got on the Shinkansen to Jingdong.

The Shinkansen travels very fast.

However, when I arrived at the company, it was almost time to get off work.

But Nagano Nao was in a good mood, and when he saw a girl coming over, he took the initiative to say hello.

"Oh hayo, Guan Mei."

Bow +1.

"Oh ha! President."

etc.

It's almost time to get off work. Don't you think it's weird to greet someone like this?

The beautiful woman looked at her president's back with suspicion, wondering if he was being coveted because of her beauty.

Just thinking about it doesn’t seem to be a loss, so I’m full of expectations.

Slacking off in a company is something anyone would do, even if they have the spirit of a worker ant. However, slacking off in a company like Nippon Seiin Insurance has long been a common phenomenon.

Besides.

It's almost time to get off work again.

So a group of people gathered together to chat and gossip.

"Why!"

"Real estate loans have grown 160 percent in five years."

“Wage consumer finance has grown by 120 percent.”

"Personal credit card overdrafts increased by 200 percent."

"Manufacturing loans fell 30 percent."

“.”

“Look at this data!”

"We went from being a country with a large savings population to one with a per capita debt of 260,000 yen."

"The cabinet keeps saying they want to stabilize the birth rate, but can't these idiots see where the problem lies and how serious it is?"

lounge.

A young man talked a lot about economy and policies, complained and expressed dissatisfaction with the cabinet.

This kind of thing is a hot topic that every man pays attention to, and it soon attracted the voices of others to echo.

Someone mocked and said: "Each of those guys is a bastard smarter than a mouse. How could they not know where the problem lies? It's just that the only function of these parasites in the cesspool is to be a dung-making machine!"

"If the average debt of 5 million or 200,000 per capita is shared among those who have the financial means, the pressure may at least increase threefold."

"That is to say, every family may have an average debt of more than 15 million."

"Even if we calculate based on the average annual income of four million per family, after paying for mortgage, living expenses, and commuting expenses, it would take fifteen years to pay off one million in savings."

"So I don't know what those idiots in the Ministry of Finance are thinking? Houses? Houses made of steel and concrete. Can such low-tech things earn foreign exchange?"

"The problem is, if every family has to repay such a high debt for fifteen years, once the economic bubble is passively punctured, how can they make up for the fifteen years of overdraft?"

"They keep talking about the second largest economy, but look at it now. Apart from the sense of superiority brought by Tokyo's housing prices, what else is there worth fighting for?"

"Hey! Are we going to have to go through what Britain went through? Don't these bastards know how to read history?"

"The biggest lesson mankind has learned from history is that mankind does not learn from its lessons. Look at what those parasites can do besides kneeling!"

"Maybe this is the noble spirit of our Yamato people!"

Noble spirit?

Nagano Nao happened to pass by and didn't understand what this meant.

When I realized that this guy was fluent in Chinese, I almost burst out laughing on the spot.

I thought that mocking these guys' craftsmanship on the Internet in the past was already a sign of contempt, but I never expected that the Japanese themselves would be even more ruthless in despising such things.

"Seriously speaking, the cabinet has done a great job!!"

"What's good about that? They keep saying they are worried about the birth rate, but they ignore the harm that high housing prices do to young people. On the one hand, they say young people don't work hard, and on the other hand, they say the aging population is increasing and retirement is delayed. Even a pig knows how hypocritical and shameless these contradictory statements are!"

Some young people were talking one after another, looking like angry and unwilling young men.

No way! "Look at those guys now, they always show a hypocritical look of heavy concern, saying how serious the impact of the decline in birth rate will be, but apart from our President Nagano who is really worried about the future of this country and proposed substantial benefits such as love allowances, who else has made real changes!"

After saying.

The young man turned his head, as if he had just learned that Nagano Nao was coming. There was a look of surprise on his face, and he quickly lowered his head in fear.

"I'm sorry, President! I didn't mean to offend you by saying this, so please don't blame me!"

After talking for a long time, nothing came out.

Just this flattery made even the straight men in Nagano feel ashamed.

Worried about the future of this country?

That’s enough!

It's all a coincidence!

"It's okay. Actually, my friends and I would complain about this kind of thing, but compared to other places, we are doing pretty well in this regard. Take Hong Kong for example. The house price per square meter is 80,000 Hong Kong dollars, and there is also a shared area, but the income is only about 8,000. Isn't that even more outrageous?"

"Well, Hong Kong was colonized by the British after all, so it was severely exploited!"

"But apart from here, I heard that in some countries the average income is 30,000, the house price is 30,000, and the average debt is 5.26 million! And they still live like normal."

"No way, there is such a country."

"It must be an African country. I heard that the black people there are darker than each other!"

“.”

Young people are always interested in building a government and an economy.

We found that Nagano Nao was also very interested in this topic and was not arrogant, so we started chatting enthusiastically again.

suddenly.

Someone ran over.

With excitement, he clenched his fists and the excitement in his eyes overflowed.

"I heard that the down payment for real estate loans has been increased to 75 percent."

"What? How could this happen?!"

"No way! Have those idiots in the government finally realized the dangers of overspending?"

"Great! Looks like these idiots have finally decided to burst the bubble."

Everyone here is a graduate from major universities.

Who doesn’t know what kind of changes increasing the down payment from 30% to 75% will bring?

Real estate will never fall? This nonsense from economic experts is only for fools.

Strictly speaking, in the allocation of social resources using monetary coordination tools, the essence of money is just a tool for allocating labor and resources.

But the situation between the Soviet Union and Mao Zedong has become bad, and global economic and trade exchanges have become very likely.

What is the meaning of garbage like real estate that has no circulation and exchange value in such a great era?

Besides.

The birth rate has been falling, demand is decreasing, and supply is increasing.

Even high-tech products cannot violate the economic law of supply and demand, so how could garbage like real estate never fall behind!

"I don't really believe this kind of news. How could those idiots know the harm of bubbles?"

"Who dares to raise doubts about such a major issue as the survival of the nation? Lord Miyono Yasushi scolded those bastards severely at the meeting."

“.”

The down payment was raised to 75 percent? Even Nagano knew that the bubble would eventually burst, but he was shocked when he heard such news.

What is the concept? The reason why housing prices can continue to rise is that after the Plaza Accord, the central bank had to intervene in the appreciation of foreign exchange by injecting money indefinitely in order to counter the pressure of yen appreciation.

However, because the printing press was running, there was too much money and nowhere to spend it, so the money flowed into the real estate industry to serve as a reservoir.

As funds are injected, the pool turns into an ocean, and naturally the water level rises and all boats move higher.

In human terms.

That is, 30% of the income adds three times the leverage to real estate.

And now, that leverage has been removed.

Seventy-five percent down payment?

No! This is like directly exposing the bottom of the reservoir! Too cruel! It's like stabbing yourself in the stomach.

Because in the primitive era of commodity flow, demand and supply often resulted in new exchanges based on the gap between demand and supply.

Only with the emergence of money, any commodity is endowed with special financial attributes.

So things often happen that ordinary people cannot understand.

When the supply gap is 5 percent, the price increase is not 5 percent, but may reach 20 percent, and if the supply gap reaches 10 percent, the price will double or more.

Now.

The funds injected into real estate were directly intercepted by that price. Tokyo.

Arakawa District.

A young man around thirty years old.

Holding a briefcase, she stood at the door of a real estate agency and raised questioning voices with dissatisfaction and anger.

"What?"

"Seventy-five percent down payment?"

"It was only 30% yesterday, why is it suddenly so much?!"

I don't want this either! If possible, I would like you to give me a commission!

The intermediary staff smiled bitterly.

No bank dares to violate the vertical guidance policy of the Central Bank and the Ministry of Finance.

As a real estate sales professional with a little experience, everyone knows what it means when the down payment is suddenly increased to 75%.

"I'm sorry, Mr. He Yuan. It's just that this is the latest guiding policy of the central bank, and there is nothing we can do about it!"

"This is too much! Houses are already expensive, and a 75 percent down payment will make it even more unaffordable!"

"I'm so sorry! But..."

Just at this moment.

A middle-aged man rushed over in a hurry.

Early in the morning, he was sweating profusely and looked panic-stricken, as if a ghost was chasing him, and he was obviously a little confused.

"Ms. Guan Yong, please help me change the price of the house listed in Roppongi! Immediately!! Please!"

"Oh. How much would you like to change it to, Mr. Hirakawa?"

"One million and two hundred thousand yen!"

One million and two hundred thousand yen? The young man who was preparing to buy a house nearby was stunned.

What kind of place is Rokubonme?

However, it is located in one of the most prosperous areas in Minato Ward, along the Hibiya Line, south of Akasaka and north of Azabu, and is surrounded by embassies of many countries.

Here, the average price of each apartment is around 1.6 million yen, and you have to draw lots to get one.

Is it because of some emergency that you are selling it at such a low price and you need funds?

What a pity! The down payment is so high now! If not, call a friend to check it out . Working in a factory, dealing with screws every day, young people obviously don’t understand the impact of financial policies.

Went to the side and made a few phone calls.

I returned to the real estate agency full of excitement.

I thought I could make a lot of money this time, but I found that the real estate agency was already surrounded by people.

Sell ​​house!

They are all selling houses! Compared to the average price of 900,000 yen per block in Arakawa, the new listing price is around 600,000 yen on average.

A drop of one third!

No way! The house price dropped so much? What on earth happened ?

The spring rain is always romantic and passionate.

It’s just that many people don’t understand romance, especially those who are holding on to hope and hoping to make a fortune by investing in real estate. They only feel a chill to the bone.

Half a month! Just half a month.

The sun that never sets suddenly goes out!

Seemingly overnight, the hot real estate became unpopular.

The price of houses in Shinjuku dropped from 1.4 million to 700,000 per stack in just half a month. The price of houses in Arakawa Ward also dropped from 1 million to 500,000.

Nagoya and Osaka were even worse, falling directly from 1 million to 400,000. (End of this chapter)