The Black Technology Era of Xueba

Xia Guo and even many cities around the world are carrying out a large-scale linkage of future city construction, which has greatly promoted the industrial development of Pangu Technology and Waterdrop.

But some people couldn't sit still.

The real estate industry that has dominated the Xiaguo economy for 20 to 30 years.

For example, Hengda, Biyuan, factoring and so on.

In the past few months since the release of the water drop floating house, the performance of several real estate companies has been falling sharply.

Although there are not many cities that already have water drop floating houses, only Jiangcheng, Shenzhen City and East Longitude.

Because the east longitude of Dongying is not a city in Xia State, and several real estate companies in Xia State have no business here, they can be excluded from the statistics.

But there are many cities that do not currently have floating houses but are preparing to introduce them.

This has caused a very bad effect - everyone is waiting, no one buys a house, not only no one buys a house, but many people sell the houses they use for investment.

After such a series of operations, housing prices in major cities are plummeting.

People are looking forward to floating houses, and they don’t want to use their funds. No one buys second-hand houses. Investors who invest in real estate are afraid of lower house prices in the future, so they sell their excess properties at low prices. There are more second-hand houses on the market. The price is lower than the new house, but fewer people buy it - no one buys the new property developed by the developer - the developer spends a lot of money to buy land and open the property, the cash flow is tight and may go bankrupt - the number of developers decreases, and the land is acquired The number of housing declines - land prices drop - the property market avalanches.

If you do not take into account the local local debt, managers' support for the property market and other factors, this is the simple law of the property market.

And at this time, the energy of local managers cannot compete with the energy of the national market.

Taking Hengda as an example, it has always been abundant in cash, and Hengda, which has deployed its industry to all walks of life, has experienced tight cash flow for the first time.

Because Hengda uses a large amount of cash and even leverages and other financial means to spend all its energy on land acquisition and development, most of the cash is also trapped in houses and fields.

As long as there is a problem in the sales link, there will be serious problems in the entire economic cycle chain.

Now the problem has arisen.

In order to allow the group to survive, Hengda took measures to survive.

Like Jiangcheng, if Hengda has already acquired the land but has not built a house, it will give up immediately, the land deposit is no longer needed, and the fine will be paid as soon as it is due.

In addition, in many cities across the country, house prices were sold at a loss.

The Shenzhen market is the first place where Hengda sells at a loss.

The average price of house prices in Shenzhen is a little higher than that in the central area of ​​Jiangcheng, at around 70,000 to 80,000 yuan. The floating house is now selling for about 40,000 yuan per square meter.

Well, Hengda sells for 20,000 square meters!

This method is indeed effective, 20,000 square meters, and those who just need it who can't buy a floating house can buy it!

In Suzhou and Hangzhou, Hengda adopted more extreme means and stopped selling it! Emergency layoffs in the property sales department.

The local sales department was dissolved in situ.

What about housing?

Although excellent companies will invest cash in the process of building housing, most of them use other economic means.

For example, let the construction unit advance money, let the material supplier advance money, land loan, etc., and the settlement is only after the housing construction is completed.

Every house means debt behind Hengda's ass.

Real estate companies know that housing must be difficult to sell, and those businesses owed by real estate companies must also understand this truth.

If you sell a house here, the construction party, material supplier, etc. will definitely come to you and ask you for money as soon as possible.

You have no money what to pay?

The clever Xia people invented a great tool - to pay off debts with houses.

The sales department of Hengda in Suzhou and Hangzhou was disbanded on the spot. Those who want debts can take whichever house they like. If there is a lot of competition, they can go to the bank and the court. Anyway, don't go to Hengda.

But this is not the way to go.

What Yu Hongchang saw in his office was the shrinking of Evergrande's assets day by day.

After decades of hard work, it seems that he has returned to the beginning of his business overnight, and he is still burdened with a lot of debt.

This result is unacceptable in any way.

Not only Hengda, but also many real estate companies in Xiaguo are unacceptable.

Construction sites in the real estate industry across the country are on the verge of shutting down, and a large number of migrant workers have been sent home, resulting in a massive wave of unemployment.

The famous real estate broker commented on Weibo: "The last few months have been the darkest and most tragic months in the history of Xiaguo Real Estate's economic history. We can't comment on Xiao Ming and his water drop company so eager to launch the water drop floating house. Whether it is a promotion or destruction of Xia Guo’s economy, but we have seen many migrant workers lose their jobs, but the thing that worries me the most, he still happened.”

Real estate companies also used this public opinion offensive to put pressure on Xiao Ming, and they agreed that Xiao Ming would destroy the economy of Xia by doing so.

Real estate developers may not deserve everyone's sympathy, but unemployed migrant workers have attracted widespread attention.

Migrant workers are the foundation of the economic construction of the Xia Kingdom. It can be said that without them, the Xia Kingdom would not be what it is today.

Many netizens who originally supported Xiao Ming are also confused. It seems that things should not happen like this.

They were discussing and even doubting whether Xiao Ming's rush to launch floating houses in multiple cities would be too hasty.

"From a realistic point of view, real estate is still an important part of Xia Guo's economy. We do not deny that floating houses can bring us a bright future, but I don't think it should be so hasty."

"Pangu Technology is still a little anxious. It didn't take into account the actual economic situation of the Xia country. A large number of migrant workers are unemployed, which will cause irreparable damage to the Xia country's economy."

"In fact, I have always supported Xiao Ming, and I am also his loyal fan, but this time, I am suspicious of his aggressiveness."

After completing the press conference of the floating house, Xiao Ming has been in semi-retirement, perhaps taking classes in school, or participating in research in the laboratory.

Some time ago, due to Dongjing’s introduction of the floating house and Pangu Technology’s acquisition of 50% of Toyota’s shares, Xiao Ming became a national hero.

But during this period of time, due to the large number of shutdowns at the construction site and the unemployment of migrant workers, Xiao Ming was pushed to the forefront again.

A reporter from Xia Guo Daily applied for an interview with Xiao Ming.

Xiao Ming knew the doubts in everyone's heart, so he simply opened a one-day media day and accepted interviews with more than 20 domestic and foreign reporters.

Knowing this news, qualified and unqualified media flocked to the conference room of the headquarters of Pangu Science and Technology Park in Jiangcheng, waiting for Xiao Ming to appear.

When Xiao Ming appeared in front of the camera, the reporters couldn't wait to ask one sharp question after another.

A reporter from Xia Guo Daily first asked: "Mr. Xiao, did Shuidi Company consider the impact on Xia Guo's economy when it launched the floating house?"