I nodded affirmatively and explained, "Publicity alone is useless. The key is to get the money in the pocket. When they get the pre-sale permit, at least in the early morning."
She was still a little worried and questioned, "But if their house prices are really lower than ours, wouldn't it be like killing one thousand enemies and losing eight hundred of our own, and both sides would suffer in the end?"
I looked confident and patiently explained: "I have been studying at the Party School recently and have been thinking about and judging one thing. I think tomorrow's Olympics will be a turning point, and the real estate market is very likely to experience an avalanche-like decline in the second half of the year."
She looked puzzled and asked, "What is the basis for your judgment?"
I looked solemn and explained seriously: "Before 2006, the United States issued subprime mortgages on a large scale, and financial leverage continued to expand, which gave rise to a real estate bubble. By mid-2006, the trend of US housing prices reversed, and the default rate of subprime mortgages rose sharply. Since then, HSBC has suffered huge losses, New Century Financial has filed for bankruptcy protection, and two hedge funds under Bear Stearns have collapsed. This series of financial turmoil can be traced back to the subprime mortgage business. The current situation can be described as a storm brewing, and a crisis is approaching."
She was surprised and blurted out: "It's so serious! What do you think the situation will be like in our country?"
I thought for a moment and said slowly: "The domestic real estate industry has relatively strict financial management, and the leverage ratio remains at a relatively low level. More importantly, the rigid demand in the domestic real estate market has not been fully released. For ordinary people, real estate is still an important asset, and this attribute has not changed. At the same time, domestic investment channels are relatively limited, and a large amount of hot money continues to flow into the real estate market. As long as these fundamentals do not change significantly, I believe that although the domestic market will experience pain, it will see the light of day if it can get through it."
She sighed softly and said with emotion: "Yes, only if you survive can you talk about the future."
I nodded slightly, and said firmly: "It's hard to say whether we can survive this crisis, but for some people, it may be difficult to see the sun tomorrow."
A hint of curiosity flashed in her eyes, and she asked, "Why do you think so?"
I sneered and analyzed, "Isn't it obvious? Take the three of them for example. They seem to cooperate on the surface, but in fact they have their own ideas. They are typical of those who only care about wealth and not about adversity. Take Zheng Tong for example, he is a complete opportunist, short-sighted, and has no long-term plan. Just like Cao Cao's evaluation of Yuan Shao, he forgets his principles when he sees small profits, and cherishes his life when he does big things. Once a crisis comes, he will definitely be the first to think about cutting losses and run faster than anyone else."
Lin Xun was thinking for a moment, and said slowly: "Although I haven't met this person much, I have heard some things from Zhang Weitang. It seems that what you said is right."
I continued to analyze: "You are very familiar with Mingjia Real Estate. Your brother is now in a difficult situation. He can't even save himself, and the other shareholders of the company are also spineless. If they really have a solution, why would they come to this small county to wade into this muddy water?"
She nodded and asked, "Then Fangyuan Real Estate should hold on for a while, right?"
I waved my hand and analyzed, "These Fangyuan real estate companies have been operating in the county town on a small scale, and they have many problems. They have many heavy assets and difficulty in cashing them out, but few light assets and poor liquidity. This kind of asset allocation cannot withstand the impact of risks. It will be shaky at the slightest disturbance."
Lin Xun frowned slightly and raised an objection: "Don't forget, Mr. Fang Yuan is still his in-laws. Wouldn't he help smooth the relationship with the bank?"
I shook my head. "Once a global crisis breaks out, domestic financial institutions will definitely tighten their lending to real estate companies. Even if his in-laws try their best, they won't be able to turn the tide."
Her expression brightened, and she sighed, "Hearing what you said, if that time really comes, I'm afraid Hongcheng Real Estate will be powerless to save the situation."
I looked into the distance with a determined look in my eyes: "Crisis is crisis, but in crisis comes opportunity. If we can get through this, then the opportunity will come, and we can then acquire this unfinished project at a very low price."
She smiled softly and joked, "Guan Hongjun, I find that you have learned a lot from your study at the Party School. I don't know what insights you have gained, but your imagination has become much richer."
I smiled confidently and responded, "Whether it is just a guess or a prediction, we will see."
Her expression became worried again: "But it's not easy to survive. This is the hardest thing."
I looked at her seriously and said earnestly, "In the face of a crisis, diversifying investments is conducive to diversifying risks, and you have done a good job in this regard. In addition, you must ensure that you have sufficient cash flow. From now on, hold on to your money and recover the funds as soon as possible. Remember, if you have food in your hands, you will not panic."
Her eyes suddenly became tender and she asked softly, "You finally came back, don't you want to go back and see Xixi?"
I sighed slightly, looking a little sad: "We have to go back, but Xixi was looking forward to her father's return, but her mother didn't come. She must be very disappointed."
She snorted softly, with a hint of blame in her words: "I'm afraid it's not Xixi who is disappointed. I wonder how disappointed some people are. It's a pity that he didn't seize the opportunity when it was right in front of him. Who can he blame?"
I was speechless for a moment, as if she had hit a sore spot. I opened my mouth but didn't know how to respond.
At this time, she looked around, winked at me, and said gently: "Be obedient and go back quickly. I went to see Xixi at home yesterday and brought her a lot of toys. When Xiaomei comes back, I have to accompany her well, and then take her to Sister Yun's place and let Sister Yun make her some delicious food."
I nodded silently, turned around and walked out of Lin Xun's office dejectedly.
I know in my heart that if it were in the past, she would definitely drag me along to go there in a lively manner. But now, times have changed and I can't go back at all. I feel like I have been forgotten by the world and have become a lonely person.
well! It is true that the disaster sent by heaven can be avoided, but the disaster brought by oneself cannot be survived.
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