Rebirth: Return to 1991 to be the richest man

Chapter 1673 The disadvantages are the most important

Feng Zongxian expressed his strong agreement with Chen Jianghai's words.

Affected by the financial crisis, domestic prices are indeed slowly rising.

Products in many places have begun to be overstocked.

When citizens see such a situation, they will definitely hold on to their money and not dare to spend it randomly.

After all, no one knows what the situation will be like in the next few years.

As long as you have money, there won't be much of a problem.

Under such circumstances, if the government does not do something, there will definitely be problems in the future.

In previous lives, in order to protect the Chinese currency from depreciation, the country could be said to have assumed unprecedented risks and pressure.

At this time, affected by the financial crisis, the domestic export growth rate, which had always been good, began to decline.

Domestic commodity inventories have surged and consumer demand has been severely sluggish.

Public opinion around the world almost unanimously agrees that if the Chinese currency does not depreciate, the Chinese economy will be in difficulty.

However, the Chinese people finally proved the independence and uniqueness of the Chinese economy in their own way.

In the current situation, if we want to reverse the downward trend of the economy and the current situation of overcooling consumption, the only way out is to find ways to stimulate domestic demand.

At this time, the national savings of residents have reached [-] trillion yuan.

This is a huge asset.

It's a pity that it's all sitting in the bank, without its true value being realized.

As long as this part of the consumption power is released, the problem of economic recovery will inevitably be solved and achieve extremely good results.

In the past few years, in order to prevent inflation, the government has been quite vigilant about possible investment behavior in the real estate market.

In response to this situation, the government adopted policies that inhibited development.

Nowadays, it seems that the only products that can make people spend a lot of money to buy are houses.

After all, in the Chinese people's concept, the concept of home has always been deeply rooted.

Being able to own a home of your own can be said to be what every Chinese person desires, and it can be said to be an obsession.

Chen Jianghai changed the topic and said to Feng Zongxian: "I think if the country heats up the real estate industry at this time, it will definitely stimulate consumption."

"In the traditional concepts of Chinese people, the house has always been a very important thing."

“Having a house means having a family, and the family has a place to shelter from wind and rain.”

"In this way, the house not only has the attributes of a commodity, but also has the attributes of a family."

"Such a thing is considered a necessity in our Chinese society. As long as the citizens have money, they will definitely want to buy it."

"It is a consumer product that can improve their lives and is completely acceptable to them."

At this point, Feng Zongxian also understood what Chen Jianghai meant.

Chen Jianghai agrees with the development of the real estate industry.

If a country wants to develop an industry, it is definitely a very simple matter.

Even though there seems to be little movement in domestic real estate right now, as long as the two major measures of housing mortgage loans and the cancellation of welfare housing allocation are implemented, the recovery of the real estate industry can be stimulated at once.

"Jiang Hai, then I'll report what you said."

Feng Zongxian couldn't wait to finish speaking, stood up and was about to leave.

Seeing Feng Zongxian in such a hurry, Chen Jianghai smiled and pulled him back.

"Brother Feng, I haven't finished speaking yet, don't worry."

Upon hearing this, Feng Zongxian, who was still a little anxious to leave, became more energetic.

It seems that Chen Jianghai still has his own unique views on the development of real estate.

What Chen Jianghai said before is not much different from what Feng Zongxian heard elsewhere. It can be said to be a cliché.

Everyone is saying that developing real estate is good, but not many people say whether real estate will bring any disadvantages.In Feng Zongxian's opinion, this is a bit unrealistic.

Regardless of any industry, as long as it becomes the country's economic pillar in the future, it will inevitably bring some disadvantages.

Everyone knows the benefits.

But in fact the disadvantages are the most important.

Only when the benefits outweigh the drawbacks will the future crises brought by this industry be minimal.

If the disadvantages outweigh the benefits, it is equivalent to drinking poison to quench thirst. Once these disadvantages break out in the future, the disaster will be too serious.

Even if it has to be implemented for special reasons, we must find ways to nip it in the bud and solve the problems we will face in advance.

Feng Zongxian really didn't know much about the real estate industry.

He couldn't tell whether what others said was right or wrong.

But Feng Zongxian believed in Chen Jianghai's vision.

He believes that Chen Jianghai can definitely predict what role real estate will play in China's economy in the future.

If this real estate can really support China's economy, then it would be the best.

If it has too many disadvantages but must be implemented, we must start to find ways to avoid it in the early stage to minimize the harmfulness.

Feng Zongxian waited for Chen Jianghai to give his answer, but Chen Jianghai brought the topic to Nanhai Province.

"Feng City, do you know what Nanhai Province looks like now?"

Chen Jianghai's thinking jumped so far that Feng Zongxian couldn't keep up for a while.

Aren’t we talking about real estate?
Why did you suddenly jump to Nanhai Province?

Feng Zongxian frowned slightly and thought for a while, then he immediately understood.

The reason why Chen Jianghai specifically mentioned the current situation in the South China Sea was to give his own warning.

Since the southern tour that year, the wind of reform has spread across the entire land of China.

It can be said that the place with the most thorough reform must be Nanhai Province.

To say which province in China was the first to enter the real estate industry, it must be Nanhai Province.

At that time, a large number of capitals were all stationed in Nanhai, with the purpose of being in the real estate industry.

There is a slogan that goes well: [-] troops march to the South China Sea, and major financial groups compete for territory.

It was a crazy era, and those who have experienced this era, whether successful or defeated, all agree with this judgment.

The streets of Nanhai are basically filled with house speculators.

They spit out astonishing astronomical figures one after another, but behind the figures is just a barren land, or a building that has just dug a hole.

These astronomical figures continued to expand until they evolved into a word that exposed their true form: the South China Sea real estate bubble.

"I couldn't believe it at first and didn't dare to sign it. I signed a property purchase and sale contract on the first floor, then sold it at a higher price on the sixth floor. Thinking about it now makes people feel scared."

Someone recalled this with lingering fear.

At that time, the South China Sea was full of madness.

When the Nanhai real estate bubble was inflating, hot money poured in from all over the country, and house prices rose at a rate of two hundred to three hundred yuan a day, which was absolutely crazy.

At that time, it was not easy to get money from the bank.

Because of the financial policy at that time, if someone calls the bank and asks for 2000 million yuan in funds, the bank employees will come directly to the office to help you complete the loan procedures and deliver real money to you.

After receiving 2000 million, he purchased a building in Huiyu Jincheng, which was well-known at the time.

After a while, it was sold for 600 million, and 600 million was earned.

At that time, money was so easy to earn in Nanhai Province.

(End of this chapter)