Chapter 117 The Stock Market Stalls, the Real Estate Market Ignites
Li Feng sorted out his thoughts and said:
"I've told you before that the economic pressure on our Guojia has been great in recent years. To this end, we have launched the stock market and burned money to start businesses in order to improve the quality of economic development."
"At the same time, the other hand also loosened the control of the real estate market, especially the 330 new policy, which directly reduced the down payment ratio for home purchases, which directly led to changes in people's expectations of home purchases."
"From these interim reports, we can see that the housing market in first-tier cities has taken off. Gemdale Group and Poly Group, which have deep roots in first-tier cities, have seen a surge in sales. However, third-tier cities have yet to react. This is exemplified by the poor sales of Sunac and Country Garden, two developers with deep roots in second- and third-tier cities."
"The data provided by Lu Hui also shows that the property markets in Shanghai, Shenzhen, Beijing and Guangzhou have all moved."
After a pause, Li Feng said:
"Furthermore, income levels can support a real estate market recovery. Since 2011, the property market has been regulated for over four years. Take City B, for example, where the average salary has risen to over 3,000 yuan. A couple can save around 40,000 to 50,000 yuan a year, or around 100,000 yuan over three years. With a little help, they can still afford a house at around 7,000 yuan per square meter, with a down payment of around 100,000 yuan."
"What's more, now that the stock market has stalled, the massive amount of money released has to find an outlet, and the real estate market is the best place to go."
"Can it go up just like that?" Lin Menghan said.
Li Feng corrected him, "It should be said that if it wants to go up, it can go up. As the largest invisible hand behind the scenes, the resources and information it controls are beyond the imagination of you and me."
"You have to believe that as long as we mobilize resources, pry open a breakthrough, and form a consensus on price increases, then the real estate market will take off like a rocket."
"In fact, the real estate market is similar to the stock market. Many people are like a mob, buying when prices are rising and not buying when prices are falling. At the beginning of the rise, they may hesitate, but if the price continues to rise, they will be tempted and continue to rise sharply, forming a wealth effect, and they will invest in it without hesitation."
“No one can resist this temptation.”
"The stock market is like this, and the real estate market is like this. Now that the stock market has stalled, it's time for the real estate market, the engine, to ignite."
Lin Menghan nodded, not quite understanding what she meant.
Li Feng turned off the computer and said, "Let's talk about the warehouse building tomorrow morning. What are we having for dinner? I'm really hungry..."
Lin Menghan raised her head, looked at Li Feng, blinked, and said, "How about we go to a seafood stall? I heard that the seafood in S City is delicious."
"Okay, I haven't eaten there in years. Come on, I'll recommend you an authentic food stall. However, six years have passed, and I don't know if the store is still there."
Li Feng stood up with a smile, went downstairs with Lin Menghan, walked a few hundred meters, and came to the food stalls by the river.
It’s past 9 o’clock in the evening and the nightlife in S City has just begun.
The riverside food stalls were bustling with people, and diners were coming in and out in an endless stream.
Li Feng and Lin Menghan chose a seat by the window. From here, they only needed to turn their heads and look out, and the mighty Pearl River, illuminated by neon lights, would be right in front of their eyes, which was refreshing and pleasant.
"Waiter, sauna oysters, sweet and sour spare ribs, dry fried beef noodles, creamed prawns, salted egg yolk crabs, sand ginger snails, and finally two bottles of dark beer..." Li Feng ordered the dishes skillfully.
The waiter wrote down everything and reported to the kitchen.
After a while, all the dishes were served.
The oysters were tender, the spareribs were fragrant, the shrimps were plump, and the crab meat was golden. Li Feng and Lin Menghan enjoyed the meal very much.
"Come, have a drink. I haven't had a drink in a long time..."
Li Feng raised his glass and drank half of it in one breath. After the cold beer went down his throat, he felt refreshed instantly.
"Um."
Lin Menghan also took a sip, and somehow a blush appeared on her cheeks.
"What are your plans for coming to S City this time? Are you leaving or not?" Li Feng asked casually.
Lin Menghan raised her head, stared at Li Feng, bit her red lips, and said, "I don't have any plans. If you come, I will come. If you leave, I will go with you."
"You, alas—why do you bother?"
Li Feng sighed and continued, "Don't you cherish this job? S City Metropolitan Newspaper isn't a job you can get easily. You're lucky this time and got the job. If you really quit, you won't be able to find such a good job in the future. At least, you can make 10,000 yuan a month. If you're lucky, you can make more than 10,000 or 20,000 yuan, which is several times what you can make at B City TV Station."
"What's the use of a high salary? I can't buy what I want?" Lin Menghan said softly, her eyes became misty, and she looked at Li Feng steadily, with deep affection revealed without a doubt.
Li Feng looked at it and felt a little overwhelmed.
"This - hey, come, try this sand ginger conch, the taste is amazing..." Li Feng had to change the subject.
After eating and drinking for more than an hour, the two finally had a great time.
"Can you walk with me along the river?"
After leaving the food stall, Lin Menghan turned around and looked at Li Feng, speaking slowly with anticipation in her eyes.
"That's—okay."
Li Feng hesitated for a moment and then agreed.
This time, Lin Menghan resigned from her job and traveled thousands of miles to S for her own sake. It was really a huge sacrifice, so I'll just accompany her for a stroll along the river.
The two then turned and walked into the path along the river.
The bright lights here illuminate the river bank. Countless couples are strolling, admiring the scenery of the river bank and enjoying their own world.
Suddenly, a gust of wind blew.
Lin Menghan unconsciously took Li Feng's arm and leaned half of her body against him.
Li Feng suddenly felt his arm sink. He looked back and saw Lin Menghan's eyes were blurred and she was immersed in it. She was smiling slightly and her eyelashes were fluttering slightly, as if she was feeling the throbbing in each other's hearts.
Li Feng looked at her. Somehow, Zhao Xinyue's figure appeared in his mind. The two figures shifted in his mind, making it difficult for him to make a decision. Suddenly, he was shocked: "When did Lin Menghan actually get into my heart?"
He shook his head, shaking out this thought, and thought to himself: "After this matter is over, it is necessary to end it with Menghan. A short pain is worse than a long pain. This emotional bond needs to be cut with a sharp sword."
While they were thinking, the two of them walked out of the riverside path and turned into a wide road. Lin Menghan leaned over again.
"Oh, Menghan, why do you have to do this?" Li Feng sighed softly.
"I was very worried after you left," Lin Menghan raised her head, looked at Li Feng, and said slowly, "I was afraid that something might happen to you. Didn't you say before that everything has its own path? I'm afraid that you will also encounter danger this time..."
"What path dependence? Did I say that?" Li Feng shook his head and smiled bitterly.
But just as he finished speaking, a car came speeding from behind them.
"careful!"
Lin Menghan was the first to notice something unusual out of the corner of her eye. She pulled Li Feng aside with a sudden movement.
"Bang!"
The car continued to move forward, crashing through the green belt, rushing over the curb, and knocking Lin Menghan high into the depths of the sidewalk.
"Menghan!"
Li Feng looked at Lin Menghan, the body flying in the air, his eyes bloodshot, roaring, and pounced over.
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