Rebirth Enchanted Xiangjiang
Chapter 574
Qiao Feng's newspaper published statistics on housing prices in mainland cities in 1988.
In 1988, due to the reform and opening up, especially in cities such as Beiping, Shanghai, and Guangzhou, the housing market had price problems and slow sales. In view of this, the Ministry of Construction, the State Price Bureau, and China Construction Bank jointly formulated the interim measures for the management of housing prices. Six regulations, including several regulations of the market, clearly stipulate that it is illegal for operators to falsely report costs and seek large profits.
The purpose is nothing more than to curb the chaotic and skyrocketing housing prices so that there are laws to follow.
This is useless to Qiao Feng. What is useful is the statistics on housing prices in various places below. Qiao Feng also knows for the first time that at this time, the total number of savings deposits in the country plus the cash in his private pockets is only 550 billion yuan.
In the future generations, the sum of the net worth of the two horses is not enough.
But at the end of the 1980s, this money was the sum of all things going on in the country. Buying a house at this time, even for ordinary cadres, is like picking stars from the night sky.
Of course, for Qiao Feng, the real estate prices in the Mainland at this time are completely the price of cabbage.
According to newspaper statistics, over 11,000 main houses were sold in the residential market at the beginning of the year, and the turnover was less than one-tenth of the stock of sellable houses. No one bought the high-rise buildings. The new houses of hundreds of thousands of square meters were empty. .
Why does this happen, because the house price is too high, to what extent, the highest price per square meter has reached 2,300 yuan, which is staggering.
The housing prices in Peiping are even lower. The newly-provided houses of more than 20,000 square meters cost 16 to 1,900 yuan per square meter. Buying a two-bedroom apartment costs more than 60,000 yuan.
The newspaper also cited high-income college graduates at this time as an example. A college student has been reducing food every day since he started working. The monthly deposit of 50 yuan is already the highest limit. It takes a hundred years to buy a two-bedroom apartment. .
Seeing this report, Qiao Feng was also stunned, but he stunned because at this time, the housing prices in Beiping, Shanghi and other places were so cheap.
More than 60,000 bought a two-bedroom apartment in Beiping. After 30 years, who would dare to think about it, maybe even dreaming of such an unrealistic dream.
Buy a house.
Lao Tzu wants the local master,
This house price is lower than Hong Kong’s house price a few years ago when the house price avalanche due to Sino-British negotiations, but in the next thirty years, house prices in these places are not worse than Hong Kong at all. And they are all economic centers, comparable to thirty years later. Hong Kong is more promising.
Buy him a hundred or so sets of deposits, after a few decades, you will live comfortably as a public apartment. Moreover, you are not afraid of a financial crisis or something, your career can collapse, but the house price will never collapse in the lifetime. It will be left to children and grandchildren in the future. Fuyan three generations will not be a problem.
Qiao Feng thought far, and didn't move too slowly. When he got off the plane, Li Zhi, who came to meet him, ordered the task of buying a house.
At this time, Japan’s economic bubble has begun to emerge, and it is almost time to retreat from the Japanese investment market more significantly.
As a mixed entertainment industry, even if Qiao Feng is unwilling to deal with Japan himself, he has no dislike for the huge entertainment market in Japan.
Paying out of the little devil's pocket, this is a good thing to do.
Since he has expectations for Japan’s entertainment market, Qiao Feng must not sway a lot of votes in Japan, and then withdraw at the last time, so he will definitely be hated by the little devil, and then the little devil will have to resist. His movie, his company's artist affairs, it is not worth the loss.
Therefore, if you want to retreat, you must retreat step by step. If you want to retreat when the situation is uncertain, the hostility of the little devil will definitely be much less.
In Japan, whether it is the stock market or the real estate in the past two years, it has risen to the sky, which is much higher than the housing prices in Hong Kong many years ago.
I am confident that I can buy the entire United States just by selling Tokyo.
Not to mention the little devils, the house prices in Japan at this time are still so high.
Since 1985,
It can be said that it has seriously affected the normal economic cycle.
However, most of Japan at this time is optimistic. I have unlimited illusions about the future. Japan is obsessed with speculation in stocks, bonds, and real estate. Because Japanese stocks have been rising for 25 consecutive years, it seems that the Japanese stock market is The myth of rising forever.
The optimistic view is that as long as the demand for land rises, the economy will not decline, and the market encourages people to buy stocks continuously, claiming that the stocks will never depreciate.Even in order to name this economic prosperity, the Japanese media hopes to recruit similar names like Iwato and Jinwu.
From the perspective of economics, the increase in land prices has led to a decline in the profitability of factories or office buildings that lease land. Therefore, it is reasonable to sell land to buy bonds, which will lead to a decline in land demand.
According to the theory of supply and demand, prices will eventually tend to equilibrium.However, Japanese companies generally adopt the practice of calculating land assets based on book value, so on the surface, the company’s rate of return has not changed, and the difference between book value and actual value has led to an increase in book assets, thereby stimulating more Stupid enterprises pursue total asset scale rather than yield.
In order to obtain the land around the metropolis, many large real estate companies will use the power of the underworld to seize the land by improper means, which has caused serious social problems.The remote rural land with no profit potential has also been speculated to high prices as a leisure tourism resource.The profits from land transactions are used to buy stocks, bonds, and golf course membership rights.
With the rise in stock prices, Yueben's domestic consumption boom for high-end cars such as Ferrari, Rolls-Royce and Nissan CIMA has also continued to rise, and Japan has become the world's number one luxury consumer.
Of course, the most extravagant thing is to buy Rockefeller Plaza in Japan and buy two of the seven Hollywood.
But the myth is a myth after all, and it still looks like a myth now. Looking back more than a year later, this is a nightmare.
Those who are familiar with economic theory understand that a market economy is inherently destined to not jump out of the scope of the business cycle, but the length of the business cycle is different, and it must go through the crests and troughs.It is a pity that humans are greedy animals. With the crazy rise in stocks and real estate prices, who can keep a cool head?After experiencing the infinite stimulation and illusion brought about by speculation, some people will definitely have to bear the losses caused by the bursting of the capital bubble. This is an inevitable law.
Qiao Feng knows that in the last two days of December next year, the average stock price of Japan's stock market will reach a maximum of 38,915.87 points, and since then, it will be the beginning of a catastrophe.
Before the Plaza Agreement, Qiao Feng, who had made multiple profits of hundreds of millions of dollars, has been in the Black Monday and Japan’s real estate in the past few years. The stock market has made several times the profits and has already made a lot of money. Up.
In order not to hate Japan, the big entertainment market, Qiao Feng felt that it would be better to close, and he started to steadily leave the market early. In the next year, the stock market and real estate will withdraw calmly before the stock market and real estate plummet and switch to the same crazy market in the mainland. It is justice.
With a wave of his sleeves, not a cloud, but a lot of banknotes, this is what a successful traverser should have.