"Isn't it easy to buy a house, just pay the money and choose the floor, who would have guessed that there would be such a big failure after just a few years of living!" Recently, the owner of Hainan Ocean Flower Island has been filled with angry and anxious voices. Ocean Flower Island, which was once touted as an Internet celebrity real estate and a holy place for the elderly, has now become a "frightening island" in the hearts of owners.
The garage cracked significantly and the cement fell off, causing structural safety hazards in the community that had just been occupied for four years, most likely due to the illegal use of sea sand by the developer Evergrande Group.
This incident once again shows the regulatory loopholes and the moral hazard of developers in real estate development in mainland China. In the face of the temptation of profits, the regulatory authorities have declined, and developers are even more interested in making profits, and people are taking risks when they buy a house. After the incident fermented, although the relevant departments said that they would conduct a thorough investigation, for the owners, structural problems have appeared, and hidden dangers to life and property have been buried, and accountability and follow-up rectification cannot cure the symptoms.
Dig deeper into the cause of the incident, or the supervision has not kept up. Such a large-scale project has passed multiple checkpoints on the serious problem of illegal use of sea sand, which affects safety, indicating that there is a shortcoming in the chain of supervision. Some commentators have pointed out that in some parts of the mainland, developers have a close relationship with the government, and the regulatory authorities' inspection of development projects is mostly a formality and relatively lax.
The problem of sea sand is not unique, and many construction safety accidents caused by sea sand in the past have enlightening significance. On the other hand, some developers lose their bottom line in the face of profits. The cost of sea sand is low but the risk is high, and Evergrande did not hesitate to take risks to save costs, and hyped up the project. It can be seen that under the temptation of money, the developer's sense of social responsibility can be described as zero.
But their losses can be resolved through bankruptcy, while the loss of life and property of the owners of dangerous buildings cannot be compensated. In the face of interests and rules, both regulation and business ethics seem to be fragile. To face this problem head-on, it is not enough to rely on regulation alone, but also to create an environment where companies can be self-regulated. If social supervision is strengthened and violations are severely punished, perhaps developers will be more cautious.
At the same time, it is also necessary to cultivate ethical self-discipline and establish a sense of social responsibility, rather than just blindly chasing profit maximization. Although the road is long, we must remain rational and confident. The regulatory loopholes exposed by this incident may prompt the relevant departments to reflect and improve; It also serves as a warning to other businesses not to repeat the mistakes of the past.
What we need is the awakening of the whole society, so that everyone realizes that conscience and moral bottom line are the foundation of life. Accountability and rectification are necessary, but the key is to resolve the root cause of the problem. What we need is not only to punish unscrupulous merchants, but also to make merchants consciously abide by the rules; What we need is not just accountability from regulators, but also real accountability.
In the face of problems, in addition to reflecting on supervision, we must also reflect on the spirit of the times that only talks about money and is mercenary. The suffering of the owners of Ocean Flower Island is the epitome of moral decay in this era. What we need to rebuild is morality, and it is morality that can stop regulation from failing and let businesses have a bottom line.
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