Real estate is still a pillar industry in the current economic structure, and it will be difficult to change this within a period of time, because a house is not just a house itself, it drives too many upstream and downstream industries or industries.
For example, metallurgy, non-ferrous metals, building materials, transportation, construction, design institutes, service industry, electric power, water conservancy, road transportation, home appliance industry, labor employment, financial industry, etc.
We are now facing another period of economic downturn pressure. On the one hand, industrial upgrading has not yet been completed. On the other hand, the downturn in the property market has caused many industries to also slump, which in turn will affect the employment of many people.
Real estate cannot actually be bankrupted, it just cannot be speculated.
In any country, the real estate industry cannot fail.
It's just that the mainland's real estate industry has suffered from overweighting that it shouldn't have to bear, so that the most fundamental residential attribute of a house has gradually been marginalized. The reason for this is that this road is too smooth and too easy.
As soon as the land is sold and the houses are built, money comes in and the GDP skyrockets. The results are quick and immediate.
This is much smoother than the transformation and upgrading of high-tech industries. Industrial upgrading involves a lot of investment, slow results, and high risks. If you fail, you will have to take responsibility. Even if you succeed, you will not be in a good place. It will take advantage of the successors, so few people are willing to do it.
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This is evident from the industrial upgrading that Stars Capital is engaged in. A high-tech project can cost astronomical figures of tens to hundreds of billions, and the time period can often be measured in ten-year cycles.
But the path of industrial transformation and upgrading must be taken, because it is the only correct answer. The success of industrial transformation and upgrading is the key to whether we can overcome the middle-income trap.
The crazy suppression in Europe and the United States to prevent you from upgrading your industry is actually trying to push you into the middle-income trap. If you really fall into it, it will be dangerous.
Only when industrial transformation and upgrading is completed, replacing the property market as the new core pillar of the economy, will the residential properties of houses return, and the entire national economic structure be able to complete a magnificent turn and cross the so-called middle-income trap, truly entering the ranks of developed countries.
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That night, news surfaced that the wealth fund had oversubscribed 6 trillion yuan this time, causing a sensation in the capital market.
It turns out that it’s not that everyone has no money, but that they keep money in their pockets and don’t let go of the eagle when they see the rabbit.
After wealth funds launched financial products that were almost guaranteed to win, everyone rushed to spend their money to bet.
When many people in the real estate industry saw this, they looked like outsiders watching the show, but deep down they were very anxious.
You obviously have money, but you don’t buy a house, right?
The money has been siphoned off by wealth funds, and it is only the potential house-buying groups who are buying this financial product. Moreover, this group has bought the wealth management product of the wealth fund and basically has no ability to use the money to finance a house.
Don't worry about this.
It seems that it is separated by an industry, but in fact it is a matter of choosing one or the other.
But having said that, people in the real estate industry who are now anxious about wealth funds are not at a very good level. The real high-end players in this industry are now calm and calm, not panicking at all.
Naturally, Fang Hong is also very aware that the red effect created by the wealth management products of wealth funds will not cause a crowding out effect on the property market.
If this were really the case, it would be impossible for wealth funds to receive special approval so quickly.
Those families who are in urgent need of buying financial management products have not bought a house, but they must buy a house. The reason why households in urgent need are households in need is because where can they live if they don’t have a house? The demand will not increase directly just because they bought financial management products from wealth funds.
Disappeared.
As long as the wealth management products of the wealth funds here do not suffer losses and maintain the value-added curve, the high-end players in the real estate industry who understand clearly will not panic at all and are not worried that these groups who are in urgent need will not buy houses.
Because there is a lot of flower work.
For example, front-loading future returns through the operation of financial means is actually a very basic financial operation means.
It doesn’t matter if you need to buy a house but don’t have the money. Aren’t you holding a wealth management product from a wealth fund in your hand? It’s worth more than one million. It would be a waste to just leave it there. The annual income is expected to be 15 percentage points. Ten years from now
That’s just over 4 million with principal and interest, and the net income reached 3 million.
Now, a man who looks like a dog in a suit and leather shoes comes to your house. He tells you that he can package and exchange the future income rights of 3 million yuan from your financial product in ten years and sell it for 2 million yuan. You can immediately
There is a cash flow of 2 million.
Don’t you want to buy a house? Don’t you have no money to buy a house after buying wealth management products from a wealth fund? Now you have a cash flow of 2 million. You can even pay the down payment in a prosperous area of a first-tier city and still be able to buy extra.
If you can even buy a house with full payment in second-tier cities, buying another car is more than enough.
You only spend 1 million to enjoy it 10 years earlier at no loss. How many 10 years are there in life? Besides, your 1 million principal is still there, and you can continue to make profits after the second decade.
How great it would be to turn it into 4 million again.
It's just that I bought your 3 million future income rights, and if I stay with you for 10 years, it will become 12 million. All this money is mine, and you have the 4 million.
At present, the first batch of fund brokers with keen sense of smell have begun to adopt this approach.
They now have real money and dare to spend 2 million in cash flow to receive the 3 million in income rights in the next 10 years. After ten years of gambling, they will make a net profit of 1 million, and after twenty years of gambling, they will make a net profit of 10 million.
The reason why they dared to do so boldly was based on three reasons.
The first is that Fang Hong must not and absolutely dare not let the wealth management product of the wealth fund lose money, because there are too many people involved and the impact is too wide. This wealth fund has to make profits as well as losses. This is not
What market economics can explain, you have to rely on political economics to understand the secrets.
The second is to believe in Fang Hong’s ability to make money. The probability of making money is far greater than the probability of losing money.
The third is to understand that nine out of ten families who buy this financial product are households with basic needs, and nine out of ten families want to buy a house or improve their living conditions. They have a great demand for cash flow, which shows that there is a huge need here.
market.
Based on these three reasons, there is no reason not to take action. The first person to eat crabs has already taken action.
There is a saying that goes well, life will find a way out.
The wealth fund is equivalent to an ecosystem built by Fang Hong, and the benefit pie is huge, which will attract various groups to participate directly or indirectly in the game.
After multiple parties and rounds of games, each group will dig out its own interests based on its own situation.
Bridge intermediaries and fund brokers will explore opportunities and dig out a profit to eat; banks, trusts and other large financial institutions will take away part of the cake; ordinary people who buy financial products can only choose one of the two, but as long as
If you are willing to give up some of your benefits, you can have both, and your life will be improved, and you will not suffer any loss if you enjoy it ten years earlier. In the real estate industry, there will still be households with urgent needs to buy their houses, and there is no need to worry about wealth funds siphoning funds to squeeze their living space.
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Therefore, the real high-end players in the real estate industry are calm and calm about wealth funds. They also see the mystery and understand some of Fang Hong's intentions.
As long as each group can successfully eat its share of the cake after playing games in this ecosystem, everything will be fine. Even if there are unexpected cases that cause conflicts of interest, they are only a few cases and will not affect the overall situation.
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Fang Hong naturally saw these things clearly early on, so after setting up the framework, he let life find its own way out. He would not interfere too much, and there was no need or reason to intervene.
Allowing life to spontaneously find a way out is the top master-level trading technique.
