Reborn American Tyrant

Chapter 1053

To put it bluntly, the so-called East Asian miracle actually originated in Japan.The Bank of Japan’s direct loans to East Asia are close to 40% of the total loans.

This is already a terrible figure. In addition to these direct loans, there are also loans from European and American banks.If you count this, my goodness, it's hard to say, 60% of iron.

The Bank of Japan will consider the affordability of the loan recipient. Even if they want to withdraw the loan, they must first ensure the safety of the loan recipient.

This is not how well-intentioned it is. It is not very easy to find a stable and safe customer.

However, international speculators don't think so. They borrowed a lot of cheap yen. As the yen continues to depreciate, they don't need to do anything and they have already benefited a lot.

So, now that there is a turmoil, how can it be held back.

"Twenty thousand Hong Kong paper, one, one foot? Oh my God, what a broken house cost 30,000 dollars per square meter?

Wait, Philson, are our ordinary residential buildings vacant?"

"No, there are still about 25%, but these are the real luxury houses.

Ahem, but the boss, I can see the Victoria Sea, some of them are just half windows."

Hahaha, William White smiled, very happy.Philson knew that he could see the water, which was very much in line with the Feng Shui theory of Xiangjiang people.

What happened to the half of the window, if it were the entire window, he would dare to blow the Invincible Sea View Room.

"So, Philson, is it difficult to ship now?"

"Yes, although the buying frenzy continues, some foreign banks are obviously unable to withstand it.

Before, their loan ratio could reach 95%.Now, this is absolutely impossible."

"Nine-five percent? Are you kidding me, don't have the money to buy a mansion?"

"Because it will be more expensive, boss, the market is completely crazy.

This is going to happen, and it is more terrifying than the Dutch tulips."

They are still struggling here, feeling that they have lost a lot of money.Henry Keswick was mad, well, more of a regret.

"Damn it, why are you unwilling, why do you want to take away our privileges."

And that damn American guy, if it weren't for you to take the game, I wouldn't necessarily make it.

Hahaha, see how long you can be crazy.Housing prices have risen three or four times in just two or three years. Do you dare to say that this is not a bubble?

Asshole, you fell to death!"

Henry Keswick, an old castle on the outskirts of London, was hiding in a basement, chattering curses.

Although in his own home, he must maintain his gentleman's demeanor.Besides, if such words are heard by outsiders, I am afraid they will not help him curse.

I am willing to bet and lose, there is nothing to say.There is a downside risk now, and it will also exist in 1995.What if it crashed?Should you be proud of it?

The so-called information channel determines insight, William White has been secretly shipping these years.Occasionally, they will buy in, but those are luxury homes in Mid-Levels, and there is no price at all. If you have money, you may not have the right opportunity.

It doesn't really matter that the rest can't be sold.It's really falling now. If you look at it after 2008, everything is back and you can make a lot of money.

Yes, at the most serious time, the price of Hong Kong property has dropped by 70%.But so what?Those who have a loan will rush to the streets, and only those who have a 90% loan will burn charcoal.

As for him William White?

Open an intermediary company, these properties are all rented out.Don't look at the collapse of Xiangjiang's property prices, which fell by as much as 70%, but the price of rent did not drop that much.

If you don't buy it today, it will be more expensive tomorrow.

Don't say it now, even after twenty years, this sentence may not be wrong.

History always has similarities, but their processes are not the same.

In 1633, the price of a tulip flower bulb could rise from dozens of guilders to more than 10,000.You have to know that the currency at the time was hard currency, and fifty dongs were roughly equivalent to one ounce of gold.

Ten kilograms of gold, for a flower ball.

My God, if you die, the gardener should take it to fill the grave.

Crazy?

Every economic crisis, before it happens, the situation is actually the same.It will not take many years before humans will actively avoid painful memories.

It was not only the property prices in Hong Kong that collapsed in 1997.The demons all fell miserably.

Three percent off?

About the same, around 99, the Xinjiapo Meishu Pavilion opened for more than 30,000, and the final price was about 5,000.

What, it will cost 100,000 later.

Ahem, there is no room for reason.When human beings face temptation, there is always no way to avoid being fooled.

By the way, there is another kind of stupid called the Brick House.They said in 1999 that there is still a lot of room for decline in current housing prices.They said in 2004 that the housing bubble was terrible, comparable to Dutch tulips.

Finally, after 20 years, they tell you that if it is autonomous, you can buy it.

I want to say, your uncle!

When you are still ignorant and ignorant, the brick house takes you into the ditch.Wash you stupid directly, and then completely destroy your three views.

Japan’s bubble economy is often mentioned.The Internet bubble in the United States is also a cliché.

So, how many people remember the Hong Kong property market in 1997?

An army of hundreds of thousands of negative equity, if you think about it, what concept is this?

Of course, later found a way to only rise but not fall.

That is to control the land. Anyway, the market demand is less than a hundred houses, so I will sell five of them, and the higher price will get it.

I have to say that people who can come up with this policy are really awesome.If the property market really collapses one day, it will not be too tragic.

The reason is very simple, only developers will make a price jump.Only banks will conduct zero reserve auctions.

what?Real estate group?

Selling at a low price is a blood loss, and it is also a blood loss to deal with the bank.Is there any difference between the two?Since there is no difference, why should I buy it?

Well, this situation has never happened before in human history.Anyway, if inflation goes faster, housing prices will not be so outrageous.

Speaking of side effects, can you still see small businesses?

Even in the suburbs of the magic city, a 50-square-meter shop would cost more than 20,000.As soon as you open your glasses, you lose 700 yuan, plus all kinds of miscellaneous labor, and 1,000 a day is the cost.

Of course, if it is Xiangjiang, a zero needs to be added to this number.In the end, the price is rising, but the boss's profits are shrinking. If things go on like this, who still wants to engage in small business.

In 1997, Hong Kong won the crown of the world's most expensive property prices. Can you believe it?

Haha, anyway, Henry Keswick didn't believe it, so he could only hide in the basement and curse in circles.

So, is the foot basin model better than the Xiangjiang model.There is no way to say here, William White does not have this obligation, he will not invest in real estate in the foot basin anyway.

Let's put it this way, in Xiangjiang development, all industries are so-so, except for real estate-related industries.

As for the foot basin, the space for development should be larger.Of course, life is actually very difficult. If it weren't for this, there would not be so many otaku and old people.

Well, it's the same everywhere you say.Regardless of whether your house prices collapse or not, the final outcome is always different.

Also, it seems that the guy who turned real estate into a pillar industry is the culprit.

However, when people drive the economy to bring wealth, everyone seems to be the beneficiary.