Evergrande Real Estate has many problems in financing, land transfer, construction and other aspects, which has violated the relevant laws and regulations of the country. It seems that even large companies can't do whatever they want! This harms the interests of other well-behaved enterprises and has also had a negative impact on the healthy development of the entire real estate industry.
As soon as this incident broke out, it caused an uproar. Especially those owners who bought Evergrande's unfinished buildings are even more up-and-down. They are worried that the house they bought with great difficulty will be so unfinished, and the money will be wasted.
After all, 4.175 billion is not a small amount, and Evergrande Real Estate's pockets are bulging, so a penalty is enough. Not to mention that Chairman Xu Jiayin was also fined 47 million, and he couldn't get rid of this pot.
The owners' fears are not unfounded. Evergrande Real Estate is already short of funds, and now that it has been fined so much money, its financial situation will only get worse. In case it really can't survive bankruptcy, it is a question of whether the owners' houses can be delivered on time. What's even more terrifying is that if there is a problem with the quality of the house, it will be difficult to defend your rights at that time.
If an Evergrande can violate the rules like this, will other companies have similar problems? Consumer trust in the real estate market is likely to be greatly reduced.
So what should the owners of the unfinished buildings of Evergrande do now? Everyone should be rational and not panic too much. It is believed that the government will take measures to safeguard the legitimate rights and interests of property owners.
If there is a problem with the delivery of the house, the owners can consider protecting their rights through legal means and consult a lawyer to find out their rights and rights protection channels.
This incident also reminds all home buyers: you must be cautious when buying a house, try to choose a reputable developer, and avoid buying risky projects.
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