Housing prices are skyrocketing
A large rentier class was raised
How much income is there from house speculation?
If a house is 1 million yuan and sold for 2 million yuan 3 years later, the net profit of this house is 1 million yuan, does it mean that the net profit margin of this house is 1 times?
No!
This home can be taken down with a 30% down payment. That is, investing 300,000 yuan and making a net profit of 1 million yuan after 3 years, is actually more than 3 times the income!
World history tells us that some of the world's great powers rely on force to seek hegemony, some rely on trade to become rich and strong, and some rely on technology to lead the world. No country has yet dominated the world by relying on real estate-related industries, and no country has achieved the dream of prosperity through real estate.
Someone once sighed: "Seven wolves do real estate, Midea does real estate, Haier does real estate, Youngor does real estate, Suning does real estate, Gome does real estate, Subor does real estate, Gree does real estate, Galanz does real estate, Aokang does real estate, Wahaha does real estate, Xizhilang does real estate, Oaks does real estate, Great Wall mattress does real estate, Changhong Electric does real estate, Wuliangye, Langjiu, Shuijingfang, Alibaba are all doing real estate, magical real estate!"
What is the problem ?
From an economic point of view, employment difficulties are the inevitable result of the serious imbalance of China's economic structure. The deformed economic structure has led to the fact that society needs more migrant workers than highly educated college students.
So, how did the economy become unbalanced or even seriously unbalanced?
The imbalance in the economic structure is caused by the flow of resources, and furthermore, by improper guidance of policies.
Let's recall that in the past, it was much easier for college students to find a job than it is today, and if you push it back a few years, Mo said that college students, even college students, secondary school students are very sought-after.
Data released by the Statistics Bureau showed that in June 2023, the labour force survey unemployment rate aged 16-24 rose to 21.3%
Why?
Many manufacturing companies feel that making money too slowly, so they turn to real estate companies with higher yields, and some simply close their factories to do real estate, or join the army of house speculation. As a result, "the real economy has been left out in the cold, and a large amount of money has flowed into the virtual economy such as real estate", which has raised housing prices and land prices.
The real estate fever has attracted a lot of resources, and the profiteering of real estate has led to people becoming more and more reluctant to make large investments in the manufacturing field, and they are more unwilling to do technology research and development on a down-to-earth basis, and the low-end manufacturing industry needs the same migrant workers, not knowledgeable college students.
Compared with the real economy, the real estate economy is more likely to bring the opportunity to get rich, and once the money-making effect of the real estate economy is formed, it will be like a huge iron stone, absorbing resources continuously.
When a steady stream of money is supplied to maintain the prosperity of the real estate market, it means that the wealth of the people is diluted and the purchasing power of the people is reduced.
Soaring housing prices benefit only a few vested interests, and at the macro level, it worsens people's livelihoods. Soaring housing prices have not only led to an increase in rents, but also led to an overall rise in prices.
Unfortunately, most of the massive amounts of money have not flowed into the real economy
I am Mo Chou, an observer of an era, let's see the world together, pay attention to me, and don't get lost ~~
Past is wonderful
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