Chapter 1064: The first year of negative assets

In terms of investment style, Buffett is indeed very similar to William White. In other words, a traverser without temperament plagiarized in front of the great god.
Okay, don't say this. People like Buffett and William White don't care much about short-term gains.
That's right, but this kind of person has a characteristic. What they hate most is that the situation is out of control.
Nima, I'm making money in a good way, I didn't recruit you, I didn't mess with you, you suddenly came over and lifted the table, your uncle, when I don't exist, right?
Facing Buffett's vomiting, Greenspan didn't know what to say. The destruction is very cool, can you really make a lot of money?
William White's performance is now very strange, including Soros, a group of big brothers have their eyes widened. Lying trough, don't dare to miss anything. If you are ruthless by this product, you really don't need to mix it up.
"Allen, William White has a lot of industries in Xiangjiang. Soros suddenly came here for a moment, huh, huh, everything is reasonable."
"Oh, so to speak, will you use conventional means?"
"I don't know, don't ask me. By the way, Soros did not use any conventional means?
Could it be said that the use of IMF collateralization is also a conventional method? "
"Damn, this guy's influence."
"Hahaha, hahaha, I hope it's just a guess. This time, the IMF is always trying to escape."
Greenspan started to be big, the IMF's operation, naturally behind the Fed. So, in this way, there will be no good results.
Greenspan's concerns are actually high probability events. It's not how Smect got angry, they always get angry anyway. This is Southeast Asia, and there is absolutely no recovery in three to five years.
If someone comes out to say, this is artificial...
Well, if the people who speak are insignificant, they can also sneer. Do you understand, we are bricks.
However, William White is different. This man is not as simple as having money, and his reputation is equally good. Charity that lasted for so many years, you really thought it was in vain.
"Allen, it's a little too much, and the market value of tens of billions of dollars has evaporated. There is also the property market. Oh my god, how many middle-classes will be settled?"
Greenspan couldn't answer Buffett's question, or he didn't care. It's politically correct to find trouble for the big rabbits and their understanding with John Bull.
However, there is one thing that these two goods are wrong. The situation of Xiangjiang is not the same as the rice country. The middle class has become a negative asset, but it has not become a settlement.
In the subprime mortgage crisis in the United States, many home buyers choose to go straight. The house I bought for 8 million, now only 5 million, the ghost will continue to repay the loan.
In 1997, when you bought a 100-square-meter house in Tsuen Wan, you also needed 8 million Hong Kong dollars. In 2003, the property price fell directly to more than 2 million.
In fact, there are still a considerable number of people who have not given up loan repayment.
Well, this particular persistence is really puzzling. Your down payment is only 10%, and this has dropped by 70%. You haven't broken the supply yet. What kind of persistence is this?
For individuals applying for credit bankruptcy, Xiang Jiang and Mi Guo have completely different attitudes.
As a result, banks seem to have a chance to breathe, as long as these people repay the loan, these are not bad loans, at most high-risk loans.
Of course, there is also a huge group of negative assets. For cities with more than 7 million people, according to an average of three people, that is more than 2 million households.
How many households have negative assets?
More than one hundred thousand!
To a great extent, whether house prices can go up or down has become a consensus.
You think about it, can you persevere in this situation, are there any people at the bottom?
No, there won't be any one. For a house of 8 million, with a 10% down payment, you must be able to pay 800,000. As for the monthly payment, at least tens of thousands of dollars.
If the monthly income is less than 50,000, don't worry about buying it. You can't afford to pay a half of the down payment.
House prices are very high. You can put a little more land. After 19 years, let alone a hundred square meters, they have even built a house of more than a dozen square meters.
Except for a bed, I can hardly imagine what else to put in this ten-square-foot house. Maybe, maybe even a toilet,
Must be carefully designed.
Is the land so scarce?
Don't joke, how many people in Tokyo and how many people can you be more outrageous than Japanese?
"It's said not to buy a house, your sister is really. There is no loan to speculate on flats, right?"
Facing the inquiry of Jiaxin's little beauty, William White was unable to talk. The good deeds can't persuade the ghost, they have told you, and they will accept it when they are good. Why don't you just listen?
"Husband, you talk about chanting, when will this storm subside."
"Ah, don't shake it anymore, my head is dizzy. If it's Kowloon, then it's better. If it's Tsuen Wan and Tsing Yi, ship it quickly. It won't recover in three or five years."
Jiaxin's face changed a lot, she was really flustered.
Seeing her expression, William White felt a bit distressed. Well, although he is not short of money, he will not spend money on the streets.
But don’t you seem to be short of that money?
"My dear, don't you seem to be short of money? Allow me to subsidize your maiden family, have I said that it's ok?"
"Don't need it. I'm paying for the pension."
A few black lines fell on William White's face, I don't seem to be so mean.
"Honey, don't you look at the accounts of those trust companies?
Okay, just ignore them, I’m going to take a dip, you can help me rub my back. "
"Huh, today is Suzuki, I'll call first."
William White shook his head and smiled bitterly. It seemed that the opposite side was also a little anxious. Otherwise, at this point, it seems that it is not appropriate to call.
William White can not care about the small investment of a woman at home. There was no way to calm down his own account loss.
What is the book wealth.
Cough, it's not that. People who do business are playing with bank money. Your collateral has shrunk so much, if you are not ready, you are ready to meet their counterattack.
At this time, it is impossible to force those negative assets, you are too fierce, and the elite class will not be able to sustain it. Not only can it not be forced, but also the interest rate should be reduced appropriately.
Nonsense, never seen a bank in the snow.
You are mistaken, it is not that the banks are sending charcoal in the snow, they are just saving themselves. Stocks are falling sharply, and as long as there is no daily limit, you can always sell them. Different real estate, once the general trend is formed, the market price is 20% off, if it can be sold, it is actually not bad.
"It's terrible, is it possible that the Japanese scene will also be staged in Xiangjiang?"
"Cough, Suzuki, isn't it, you also speculate on real estate?"
Suzuki glanced at the goods and continued to rub his back. Not to mention, the level is quite professional. Well, some special parts have been washed and reacted.
"I'm not going to invest in real estate, it's simply chaos. To make money, I still need real estate.
This unearned money, like lotto lottery tickets, is just a legend. "
William White shook his head. This is really true. His memory is obviously better than that of the Xiangjiang people. In the early 1980s, the property market in Xiangjiang collapsed once, and it was only more than ten years before you forgot.
Alas, these two women need to find something for them. The rented mother-in-law is not so good, and is easily fooled by others.
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