Metropolis: Paying Off The Debt of Dad At The Start

Chapter 239

It can be said that Haoyuan Group has successfully completed the full evacuation of the small city project before the collapse of the small city project.

Other real estate companies are not so lucky. After all, they did not have a comprehensive evacuation plan like Lin Feng five months ago. There are steps, plans, and measures.

Many real estate companies are only half talented and haven’t sold them yet, and some even have invested heavily before starting construction. Suddenly, the real estate market in small cities collapsed.

In particular, the closet yuan, although it was originally followed closely, was not as strong as the Haoyuan Group in the beginning, because it did not fully move to the small city real estate market.

After all, they still have many projects in the third, fourth, and fifth tier cities that are dragging down.

Therefore, the closet did not gradually exert its strength until the next few months!

However, in the next few months, the real estate market in small cities is not far from the time of the collapse.

Therefore, before the closet had a few bites of meat, he was beaten up by the collapse of the real estate in the small city.

Of course, the closet yuan is just one example, and there are many well-known real estate companies that follow the pace of the Haoyuan Group. They are just as unlucky as the closet yuan. Before the meat was eaten, they were beaten by the 02 market.

Therefore, Lin Feng ate meat, and this group of real estate companies was beaten.

Tragedy!

The Haoyuan Group was happily, anyway, before the collapse, they had made a lot of money and retreated safely.

Other real estate companies have a miserable life.

The large amount of investment has completely collapsed before the completion of the realization of the construction, and a lot of funds have been trapped in it.

You know, the real estate industry is under great financial pressure.

Basically everyone is playing with high turnover and high leverage.

Now that they are stuck and can’t get out, the interest is calculated every day, regardless of whether they live or die.

It can be said that in this wave, many companies that followed Haoyuan Group into small city projects have suffered heavy losses.

However, before they could catch their breath, Haoyuan Group sounded the final clarion call for war and took the lead in launching a price war.

Fully cleared, 15% off sale!

Lin Feng led Haoyuan Group to directly play a trump card.

Anyway, the Haoyuan Group didn’t panic. The bulk of it had already been earned, and the remaining loss would be lost, not just a loss of 20 to 30 billion yuan, it’s a gross.

Direct clearance processing, discounts and big sales.

As for the survival of other real estate groups, what matters to me!

This operation directly made the major real estate groups that had already suffered heavy losses even worse.

You know, Lin Feng can start selling at a loss. Anyway, Haoyuan Group has made more than 900 billion yuan in small city projects, and a loss of tens of billions, even less than a fraction, Lin Feng doesn’t care.

But they murmured?

Haoyuan Group has 15% off the stock, are they also like the Haoyuan Group 15% off?

So many small city projects under my hand are sold at a market price of 15% off, which is not directly a loss to bankruptcy!

But if you don’t do that, customers will buy the houses of Haoyuan Group, who will buy the houses of your other real estate groups!

Such a move by Haoyuan Group is entirely to draw salaries from the bottom of the industry in small cities!

Suddenly, this behavior of Haoyuan Group aroused public outrage in the industry. You made money by riding a horse, and you ruthlessly killed your friends!

Under the anger of the crowd, the real estate leaders responded to the situation one after another.

What is the reaction?

It is necessary to stop the Haoyuan Group from doing this!

The reason they gave is also very simple. If you don’t stop the Haoyuan Group’s clearance sale, then the real estate project in the small city will collapse, and we will have to go bankrupt, and the various debt defaults caused by the bankruptcy, and The series of economic crises that detonated, it is not our business.

Therefore, the above urgently interviewed Lin Feng and forced Lin Feng not to do this.

There are also the above considerations. The above three orders and five applications emphasized that the real estate market economy should be softened.

What is meant by a soft economic situation is to use inflation to slowly digest housing prices.

Let me give you a simple example. For example, the house price of a place is 10,000 square meters. Three years later, the house price of this place is still 10,000 square meters.

No change!

However, inflation, the average purchasing power of 10,000 yuan three years ago, can reach the average purchasing power of 20,000 yuan today.

So how much did house prices actually fall?

50%!

But in fact, housing prices have not changed on the surface.

This is called a soft economy!

Why should the economy be soft, not hard.

This requires an explanation of what is meant by hardening the economy.

The economy is hard-pressed, that is, direct housing prices plummeted, and housing prices collapsed completely. For example, the original price of a house of 10,000 square meters suddenly plummeted to three or four thousand.

So are real estate companies going to close down? And the collapse of many real estate companies, a series of debt crises, financial crises, and unemployment crises in all walks of life, how to do it?

Of course, these are not important at all. It’s not just a group of reinforced concrete companies that go bankrupt. What’s the big deal? I haven’t seen any big storms.

What’s really scary is the personal default caused by the collapse in housing prices.

Why do you say that?

Because everyone buys houses, most of them are not bought with mortgages.

Well, if house prices plummet from ten thousand to three or four thousand, will you still repay the mortgage?

You can buy three or four sets of the remaining mortgage + interest, so who would be foolish to repay the mortgage?

I just dumped the house to the bank, defaulted, and the mortgage was not repaid, and I had some money. It was enough to buy a set at three or four thousand square meters.

As a result, the bank has received a massive amount of bad debts. Will the bank go bankrupt?

If the bank does not go bankrupt, it will have to print paper money crazily, and with it inflation will be like riding on a rocket.

At that time, the purchasing power of 100 yuan may not even reach 1 yuan.

That is the truly terrifying financial tsunami. In this kind of crisis, all industries have to close down, everyone has to keep up with bad luck, and no one can escape!

The physical industry chain that we have cultivated through decades of hard work will collapse one by one like losing blood.

This is the economic hardening!

Therefore, the personal default caused by the collapse of housing prices is the real horror!

A lot of real estate companies went bankrupt. In the face of such a financial tsunami, the gross is not counted as gross.

Naturally, the economy cannot be allowed to stand firm on the top, and this is what they worry about.

Therefore, when the big bosses of a large number of real estate companies responded to the top, the top naturally asked Lin Feng for a secret interview.

Probably the content is.

You can’t do this, you are not allowed to do it!

If you do this, other real estate companies will all follow the trend, lower house prices and fight price wars. When the time comes, if you lower me, I will also lower. In that competition, who will sell first, house prices will collapse to the end, and the real estate market in small cities will be cut in half. Detonating a series of financial dangers will cause extremely serious consequences.

Now you can carry it with them honestly and keep the original price. Everyone will not lower the price, and digest these houses little by little.

Otherwise, you are a sinner who destroys the overall situation!

Having said that, Lin Feng naturally did not dare to toast or not eat fine wine.

There was no way, Lin Feng could only revoke the order and was forced to restore the original price without any discounts anymore.

Even if it’s all in your hands, all in your hands. .