Reborn American Tyrant

Chapter 1064: The First Year of Negative Equity

In terms of investment style, Buffett is indeed very similar to William White.In other words, a traverser who has no morals, plagiarizes in front of the great god.

Well, let's not talk about it.People like Buffett and William White don't care much about short-term gains.

That's right, but this kind of people has one characteristic. What they hate most is that things get out of control.

Nima, I am making good money. I didn't recruit you and didn't mess with you. You suddenly came over and lifted the table. Your uncle, when I don't exist, right?

Faced with Buffett's complaints, Greenspan didn't know what to say.The destruction is so cool, can you really make a lot of money?

William White's performance now is very strange, including Soros, a group of bigwigs have their eyes wide open.Damn it, don't dare to make any mistakes, if you get a ruthless one by this product, then you really don't need to mess around.

"Alan, William White has a lot of properties in Xiangjiang. Soros suddenly came here, haha, everything that happens is reasonable."

"Hehe, so speaking, would you use conventional means?"

"I don't know, don't ask me. By the way, Soros didn't use any conventional methods?

Could it be said that using the IMF to download sets is also a conventional method?"

"Damn it, the influence of this guy."

"Hahaha, hahaha, I hope it's just a guess. This time, the IMF is always doomed."

Greenspan started to get big, and the IMF's god operation was naturally behind the Fed.Then, in this way, there will be no good results.

Greenspan's concerns are actually a high probability event.It's not how Smecta is angry, they are often angry anyway.In Southeast Asia, there is no three to five years, and it will definitely not recover.

If someone comes out to say it, it's artificial...

Well, if the person talking is insignificant, they can also sneer. Do you understand? We are the bricks.

However, William White is different.This person is not as simple as being rich, and his reputation is equally good.The charity that has been going on for so many years, you really think it's wasted.

"Allen, it's a bit too much. The market value of tens of billions of dollars has evaporated. And the property market, my goodness, how many middle-class people will be settled?"

Greenspan could not answer Buffett's question, or he didn't care at all.It's the tacit understanding between them and John Bull to find some trouble for Big Rabbit, which is also politically correct.

However, one thing about these two goods is wrong.The situation in Xiangjiang is different from that of the United States. The middle class has become negative equity, but it has not become a shabby settlement.

In the U.S. subprime mortgage crisis, many home buyers chose to simply run away.The house I bought for 8 million is now only 5 million. The ghost will continue to repay the loan. Whatever you love.

In 1997, you bought a 100-square-meter house in Tsuen Wan, you also need 8 million Hong Kong paper.By 2003, the property price had dropped to more than two million.

In fact, there are still quite a few people who have not given up on repayment.

Well, this particular persistence is really puzzling.Your down payment is less than 10%, which has fallen by 70%, and you have not cut off the confession. What kind of persistence is this.

For individuals applying for credit bankruptcy, Hong Kong and the United States have completely different attitudes.

In this way, banks seem to have a chance to breathe. As long as these people repay their loans, these are not bad debts, and at best they are high-risk loans.

Of course, a huge group of negative equity has also emerged.A city with more than seven million people, based on an average of three people, is more than two million households.

How many households have negative equity?

More than one hundred thousand!

To a large extent, it has become a consensus that housing prices can rise or fall.

Think about it, are there any low-level people who can persist in this situation?

No, there will be no one. For a house of 8 million, with a 10% down payment, you have to pay 800,000.As for the monthly payment, at least tens of thousands of yuan.

Don't worry about buying those with a monthly income of less than 50,000 yuan. You can't afford it even with a half-percent down payment.

The house price is very high. You can put more land. After 19 years, let alone 100 square meters, they have even built a house of more than ten square meters.

Except for a bed, it is really hard for me to imagine what else can be put in this house of more than ten square meters.Maybe, maybe even a toilet,

Must be carefully designed.

Is land really so scarce?

Don't be kidding, how many people are in Tokyo, how many of you are, how could it be outrageous than Japan.

"I said don't buy a house, your sister really is. I don't have a loan to speculate in uncompleted apartments, right?"

Facing the inquiry of little beauty Jiaxin, William White was unable to complain.Good words can't help the damn ghosts. I have told you all about it, and you just accept it when you see it. Why don't you listen?

"Husband, tell me, when will this storm subside?"

"Oh, don't shake it anymore, my head is dizzy. If it's in Kowloon, it's okay. If it's in Tsuen Wan and Tsing Yi, hurry up and ship it. It will not recover after three to five years."

Little beauty Jiaxin's complexion changed drastically, she was really panicked.

Seeing her expression, William White couldn't help feeling a little distressed.Well, although he is not short of money, he will not spend money all over the street.

However, you don't seem to lack that little money, right?

"My dear, you don't seem to be short of money? Give a subsidy to your natal family. Did I say that it's not OK?"

"No, the money is my pension."

There are a few black lines on William White's face. I don't seem to be so stingy.

"My dear, don't you look at the accounts of those trust companies?

Okay, ignore them, I want to soak, you come to help me rub my back."

"Huh, it's Suzuki today, I'll call first."

William White shook his head and smiled bitterly. It seemed that the other person was also a little anxious, otherwise, at this point, it seems not very appropriate to call.

William White doesn't care about the small investment of the family woman.He lost his own account, so he couldn't keep calm.

What, it's just book wealth.

Ahem, that's not the calculation.Business people are all playing with bank money.Your collateral has shrunk so much, if you are not prepared, you are ready to meet their counterattack.

At this time, it is impossible to force those negative equity. If you force it too aggressively, the elite will not be able to hold it.Not only cannot be forced, but interest must be appropriately reduced.

Nonsense, I haven't seen a bank that gives charity in the snow.

You got it wrong, it's not that the banks are sending money out of desperation, they are just saving themselves.The stock has fallen sharply, and as long as there is no limit, you will always have a way to sell.The real estate is different, once the general trend is formed, the market price is 20% off, if it can be sold, it is actually pretty good.

"It's terrible, is it possible that the scene in Japan will also be staged in Xiangjiang?"

"Ahem, Suzuki, isn't it, you are also speculating on real estate?"

Suzuki gave the goods a white look and continued to help him rub his back.Not to mention, the level is quite professional.Well, some special parts have some reactions.

"I don't know how to invest in real estate. It's just a mess. To make money, you still need real estate.

This kind of unearned money, like lottery tickets, is just a legend."

William White shook his head. This is true. His memory is obviously better than that of Xiangjiang people.In the early 1980s, the property market in Hong Kong collapsed once. It has only been more than ten years. Have you forgotten it?

Alas, these two women need to find something for them.Chartered wives are not so easy to behave, and they are easy to be fooled.