Chinese folk are {above|aboard|ashoashore} the 4 w

- Hong Kong, China well-known economist ...

99% of Chinese white-collar workers to bankruptcy, but why buy a house! - Lang


largest when: buy a house
buy a house average? Means that you have a house of their own. Yes, you think so, but in China and you can not have this house, you just rent it. Because the house is yours, not your land, but land use rights for 70 years (70 years from now it is back Sino-Japanese War, who have seen the house that time?). House, commonly 30 years know next to nothing of the demolition or upkeep will be met. That you spend the money to buy a house, but can only be renting the tangible results. Of course this is not the worst. The worst is when you find that after decades of fools! A team of hooligans broke into your house with their life savings to buy the drawing on a big split-! Then all of your belongings, like when the waste is still out of doors, regardless of your pleading, and even still you reception on a newspaper list of the notorious hook, any abuse of the public when you will know what despair!
described the Chinese real estate has a renowned joke is written like this:
ago, there was a lot to the owner, to find a lot of lasting work, and the landlord to cover a number of long-term workers who lived in establishing consensus, an daytime, the landlord's advisors on the landlord, said: club, long-term workers were on hand in recent years a little money, and they live in your house, the monthly pay Zuzi, value, anyhow, they will never afford to live, do not you just sell them the house from a cheats is phoned - public houses for marketing! Tell them the house they not go, you can save them money back in recent years, the landlord said: Yes, how do I rent? Advisor, said: according to income is not bad, from a Japanese appoint of babies, phoned the management fee! Landlord immediately implemented, and made a lot of money, long-term employment are the cheerful ah!
a few years, the landlord of the village into town, and the rich more and more, no place to live, advisor to the landlord, said: club, long-term workers were on hand and money in recent years, we give them build a new house, called from a transformation of the old tricks, they knob the money to us, we dragged down to build a new house, and tell them to buy back, you can sell more than cover some of the others, the landlord has carried out, this time, Some long-term workers are not happy, the landlord of the retainers come in use, the permanent teeth have had to knock down the pharynx to the abdomen, the landlord has made a lot of money.
A few years after, the landlord of the village developed into a big city, and the rich more, the landlord of the land more invaluable, advisor to the landlord, said: club, we put these long-term workers house demolition, and construction of villas in this place, to cover the demolition of a house sold out of the wealthy who can earn a sum of money, the landlord said: how to do long-term workers who discontinue? Advisor, said: we give them a little more money, from a monetary accommodation called tricks, and then we built our barn afterward to the house, from a tricks called affordable housing, they built a chariot road to allow them to buy over there alive room, the landlord said: how do they have enough money? Advisor, said: the banks borrow from our family before them, 6 points a year profit, but also nought if the money begets money the Cubs, not anyone hazard, the landlord has carried out, they get the money long-term basis, the landlord of affordable housing until now built one, they had to await in line for permanent house, until now, waiting for it ... ...
Thus, long-term employment began to make trouble, and the landlord a little nervous, hurriedly asked counselors how to do? Advisor,Lacoste Strap Shoes, said: They must advertise the permanent house to be dropped in price, do not buy, rent to live it, just rented it to them our pen, the result, after so many years, long-term employment have all the money gone, are still renters, forever!
joke whereas a bit exaggerated, but in fact it not also true? Some people say that being the case? Why do Chinese people have to buy a house? Mad to buy? Why? The outcome of education is not obscurantism, as if 60 years, advocating that people must buy the Big Three: watches, sewing machines, bicycles really successful people can marry a wife. 70 years advocating that people must buy 4 new pieces: TV, refrigerators, washing machines, tel equipment can be considered to succeed as a wife have kid, memorize the thousands of dollars to install a phone, but ah (per capita income of less than 200 town ), meantime tens of thousands of Beijing, Shanghai and more a time, had to take a human number line up to buy, and buy a house today, how it is similar?
and today all the shit in this set of scholars began to fool the people of the old trick: the new standard white-collar, successful people prefer a new small size X ring X Road, X ring X Road, residential and mercantile type. After you receive hundreds of thousands, must charge you a monthly rent (the new property fee), bank interest, and manifold sorts of pretexts to raise interest rates, policies, and so on. In short you do not be afraid to decease, not afraid to die you miserable! Gnaw on how happy the people fooled, but one hundred tire on it? I am really furious and get it all watery!
second when: Employment
When someone finally began to sigh: the year when the educated youth, when people are laid off after no way out, no one can sit-in protest ignored, can only be reduced on the streets also were compiled brave anthem laugh at life, start over the time. Have you ever thought of! They also have the same scenery and white-collar today! Their income and status have also let the people around envy? Have you ever thought 20 years later! Like you would like them descend on the avenues, deserted? !
Some people say hey! You do not know the unemployment insurance, pension insurance, XX assured it? Oh, I float in Beijing N years, many insurers to pay tens of thousands about it, but when Pao Duantui unemployment and no one gave me Sha insurance, but many insurance policies that I have been frozen for paying off, and I just and rage ... ... More than that, you think to the age of 60 you can get really old-age insurance anyhow? Not out of the sky and money! Today's pensions are older we get the earned! Today 30-40 year-olds usually have several brothers and sisters! Means that today's elderly to get a pension age of 60 is because there are five people for an old man! And after our generation growing old is a person for the two of us old people! Money come from? Did not come! If you are able to live to 90 years is estimated to receive some of the old-age insurance, hey You attach to it. But even so, parents are still mad and put their children to a variety of enterprises in the delivery of state-owned elements, to me it all has such examples. A far relative of my home, find the relationship between tow friends to spend seventy thousand dollars to his son through an open recruitment team sent to the traffic police, dry on the contract the police. A month to get 800. The third result was competition to the brush down. A people calling, I said, a good brush, you earn a lifetime ban on that does not back that 70,000 first wash slumber quickly, and then scrape together some money to change out a small business go! Probably can earn.
when I graduated, I led my profanity is holding the money, the ministry sent me to XX. I saw that the male responsible for recruitment morality, could not help the nausea, Made in salary, profanity Yeah, I is not eat or drink until the white dry-back 10-year cost. So I had that lad a privately intimidated, horrified that potbellied X no longer afraid to admit I am capital. I just have to have: away from home.
I wanted to do not understand? Chinese people ye so ignorant? Such a superstitious country word it? Wake up, thinking that the line is not normal? Prior to his work does not pay to not count cost-effective?
there are those little white-collar workers are juvenile, it namely best to ascertain a job to pay the lofty point, not to health assurance and Han, insurance, and then save up your money maximum insurance ambition absence it.
third when: Education
a diploma worth? A diploma worth? A diploma worth? Top of the publishing prices two dollars a day. A instructors salary? Hey, two students a semester of tuition enough! A class writing printing how much money? Two students enough! How much rent a class a semester? Hey two students enough. ! Hey! China Education Why the hell you receive so much money! ?
Hey! The people are! Why ought we be cheated? Because the small verdict level told us was acknowledged scholar credit. Oh sorry I am wrong, is it honorable to go to seminary. Why do people think about but never go to reputation? Why is glorious ... ... University scholar and how not garbage!
you know who your child is instructing it? In China are generally unable to adjust to society, people would become a teacher, for instance. Some time ago I as a project, find a few college students act master's program. The results are very few people stupid, do not give you full attention, you must forsake it to work, but also to the documents obviously a typo, not to change, so you find even told you seriously, is it not his fault , you give is wrong. Little sense of responsibility, will not consider whether an order to things and do things or to do one thing and act things. I was very lull to reason with them: you must learn to think for others, the results of re-thinking people want to do things, otherwise it is impossible to survive in the community. Results of those few, said: we do not go to the community, we test scores good enough, we are residing in school to a teacher. We had nothing to say the wrong, how do you arrange how we do, do not you arranged for us not to do. This is our dignity and principles. I said: If you go to the gatekeepers, the boss did not sort for you to work when you do not bolt arsenal latch it? You chilling you? After your child is under the guidance of such a human learn and grow. You ease it?
cohabitation is no wonder that campus, truancy, fighting, suicide ... but the parents are still willing to spend money to mail their children to school, but a lifetime to spend the money.
fourth-largest when: a car
Chinese people crazy? Buy a car? Why buy a car? ? ? Of course, you not only have money to cost, and how you love to buy how to buy a car buy a house, anyway, how up you are enough of oil money, the house demolition you should not feel bad. But most people do?
I used to have a companion
live North Second Ring Road, in Xizhimen there. Most probably take the subway to work every hour. May have to buy a second-hand Charade, 8:00 every morning to start on the road Duzhe, then moved a little bit of enterprise. Hey, a month parking lot. But she felt the car its own personality to open high-level point. Not to mention open a Charade, is to open a Audi I have not seen who knock nine of whom 3 worship. In addition to seem a little silly than others appearance their own no other feature.
Another time, I met the little girl was 4,000 a month income, car loans in the program. So I inquired her: little girl, I've got to do business, their work in due time, Metro and handy to buy a car do? Like a long time, it is estimated could not think of causative to say: Sometimes things go to the supermarket to buy it, they feel a taxi approach the point is not worth the walk but I'll say. the point. So drive yourself go! I virtually did not hear disgusting. You drive to the supermarket to buy instant noodles do not feel sick it? Equipped with cellular calls to Jianla Ji, also Jianla Ji's! Do not think that buying a car can certify anything.
example, I now own business, engaged day, walked about 4-5 places, see many purchasers. But I do not buy a car, why? I buffet that car with the move to, kick left, no place to worry about parking, do not worry about hanging a touch, and without panic of creature a burglar stole a tie, if rain has hung the air driver. Bumped a traffic jam if you can get off the metro. Year also more than ten thousand pieces RMB! Buy a car! Parking fees had more than ten thousand a year! This is not foolish it?
Do not buy a car do not buy a car
said, there are countless people who can be crazy to go borrow money to buy? Must not be too miserable to die like their future! Buy it, buy a not ended raising interest rates? Oil prices are not crazy? Parking and is not expensive? Regret not it? A road car to sell on value plunges also sell the right? ?
tell you that oil prices must mushroom. Must be the same as oil prices rose and greenbacks. Hey! You take the antique U.S. 1 / 10 of income, and others a raise petroleum prices. I watch that you do not must se.
terminal say, everyone is not stupid, stupefying education Jinong there was only silly. Silly point does not matter, but the thing off your life you still tight with the point, many figured the relationship between the economic interests of arrange,Lacoste Shoes 2010! Other end of the day, real estate have fallen, oil price rise, the money to pay the recess of my life took a diploma, or what what is not dry, for several decades to pay exorbitant taxes and levies also what what benefits do not. You can not just spread loss of hundreds of thousands.
what was said? Oh no way, can not live without a car you,Lacoste Tennis Shoes, good bus mobbed Yeah. I say all is narcissism taught fools doing curious. You look at me, just rent a house to live more than a thousand pieces a month, it is equivalent to some property costs. If you want to get married I have 3-4 thousand of affordable rent, furniture, decoration one should be full. Which also convenient where I live. Do not want to move on long-term rent. Also a variety and pay property charges. Province of the banks also vain loans, interest, down a lot. Something hit the car, right on the subway, a year ten thousand days, and also saved a garage fees, parking fees, fines stack, oil prices rose 10 Lehe also not lag things. I ran the university did not achieve, while the market a self-study while planning to run their own business, do not they also can enter the foreign-listed companies as a manager it? Also save the tens of thousands of tuition to.
course, some people will say: You do not even have a house to buy, specify obtain married. I thought to myself: I do not, you think you have ah? Some people say that renting is not worth the rent is over just aboutmeone another, hey, you think to buy a house but also for decades loans paid off is your, ah ... ...

99% of Chinese white-collar workers to bankruptcy, but why buy a house! - Lang

this figure, but it is bound to happen, not alarmist. proceeded to inflation and reform measures in commute for economic development. and each time the griefs of reform brought to bear by the people, whether it is mountainous and rural areas of the literate youngster were muddled, or when the reform and opening up have brought about a large number of state-owned enterprises collapse when a large number of laid-off workers. if they can have some forward-looking, then I think they might stay a little way out for themselves, but because over-confident and over-confident life will not file mutations, accordingly causing the tragedy of their lives .
Some say the government will not sit idly by white bankruptcy, the Government has of course not. how can I say some things .... I think back to the laid-off workers right. caused so much social turmoil. but also what? bankruptcy today, tomorrow, when white-collar workers as it can.
and 20 years of reform and opening up, China's fast economy development take off, but the old system does not completely change. a variety of essential manufacture is still in compel is a government monopoly system in operation, such as: banking, finance, metallurgy, energy, message, transportation, health attention, pedagogy, land reform and opening up in the country can not be all of these things in the reform and opening up, but today, the monopoly brought about by the ever more affirmed.
bear the brunt of the real estate because of China's lawful system is not absolute, particularly in the field of finance and reform, the emergence of a variety of mistakes made by real estate has been rising. With the amplify in real estate and foreign population concentration in massive cities So is the fashionable urban workers so-called
1: cause prices soared, the first factor: Bank loans under the open competition
In truth, housing prices soared
chief ingredients for the Government because of the people in the pay of the mistakes, such as a developer before a bank loan by 10 million to develop a house if he does not melodrama on fortune,New Lacoste Shoes High Top, because all the banks are a system, you owe the money did not also not chance to corner approximately, but China's banking reform on the root of opening a hole to the competition among the banks so the ICBC Agricultural Bank of China, Construction Bank to manipulate independently and so all this is a nice thing, but the problem is that these banks are not personal, but the nation and we is not tough to dream when a developer 10 million from the bank loans to the consequences of his only need 5 million to develop a house, then the price increase, then the evolution of the price of the house according to his standard mortgage loans to 20 million from the ABC again, and then use that 20 million of 10 million to develop a higher house prices come CCB 40 million mortgage loans. is a snowball's crazy loaning model.
get out of the house you serve is not important, the key is the price higher, not lower prices. Anyway, the bank's money is not private, so a little morsel to clear the chancellor together with different So naturally do better and better mortgage loans from banks.
then this result is that house prices do not just mount down! because they can not fall! a bank loan out money or never come back. this is the government's banker, the government's money! Therefore, in order plug the funding black hole is to buy some of the specialists, the media began to create public opinion using a variety of media frenzy manner of coercion of people to buy a house.
such as land resources are severely strained, do not buy a house in the future can only live in the suburbs Yeah like, guiding people to must buy a house. in fact, can not live in this metropolis it was impossible, urban dwellers is replaced by a new old course, to go to work to live the city, the suburbs like to live in retirement by the time the population blast will not arise on white-collar workers do not live downtown can not be the case, although the medium caused a lot of people buy a house, but only is the case, high prices have not by far off the brand now. Then the administration made the second mistake.
2: prices soared, leadership to the second error: Chinese characteristics mortgage
mortgage would be a very renowned system in the West, is also quite applicable, but this system is applied to China once a little problem because the big institutional terms, entire banks are state, not private The so loans can not control this doorway is maintained at a time the file makes sense, people will be capable to credit to the treatise.
to the first misdeed as soon for feasible to ease the fiscal dark hole caused along the Government began to appliance the mortgage system to individual houses. What the United States constantly give to his wife and the Chinese woman's example to bait human to the mortgage. really something Mortgage , and it is outrageous mortgages and banks at all times a little to sell 1.8 million and this period they work to relatives or Mom and Dad bought, yet also with their own direction out of the mortgage down remittance 300,000 lend from the bank 1.5 million and then above the stuff, they do not how to do the loan? Banks adore accumulation charge. Anyway, I'm not under contract can take away your money ashore the house, we have 2 incompatible less.
so turned around, raised several times the price of the house back to the hands of the government back to the bank. This explains why a lot of new real estate fix was the beginning of They are not fried gambling house will thankful. but took a house to wash up the banks.
bank got the house how to do? terrified to tear prices. had to increase some value and then sell, so do not even muse approximately ordinary people now buy truly reasonable price of the house! Even if you buy instantly from the hands of developers to the house might have switched hands several times returned to the hands of the banks and developers. frankly now 8000 / level house, there are merely 2,500 is the price, 5,500 are thought decision errors caused by financial black hole! that you are impeded to the hard working backside.
3: The third question: white-collar families when bankruptcy?

we study why the house amounts up, another see at the so-called white-collar families in Chinese cities the necessity of bankruptcy.
first foreign white-collar income is really high, but high value. The Chinese called the white-collar workers are generally meager quality of Chinese enterprises serious internal friction. all with light, all headstrong, so no wonder that foreign companies entered the China market began to exclaim: I am also fully understood. that some people would say: a quantum efficacy of bank losses via a lot of money a few hands went to the market in China, these people began to invest in other zones of crazy, because they knew that real estate is about to collapse. they are so circular and round The investment prosperity is quickly sponge the funds, they invest in the Internet, high-tech investment, investment and distraction, investment numerous, many, but at least ample to pay wages to employees or pay monthly rent on a house for it,Lacoste Observe Strap Shoes, so it is because housing prices so high China's urban population established a relative increase in remuneration levels. do not believe you do the math in your mean income of urban white-collar workers, once paid the monthly housing money, how much will be left to the hands? I think this problem is not me wordy it. you several psychological, so I can say thin a little while the real estate crash that followed the collapse of your wages.
I know there are many, many white-collar workers who have purchased the house, and their meditative is simple: buy a set too! Basically, a cent saved for it, even if the save point also keep up with normal inflation rate. The question is if will maintain the status quo, then,Lacoste Carnaby Shoes, in theory, should be all right you two decades earned money just to make the government two errors with the detriment.
but the problem lies here. WTO5-year grace time with the end of a large number of foreign communications, banking, healthcare, insurance, and so companies will have moved into China. that time no one can stop you put money into the United States deposited in HSBC. What about that time who are willing to put money in the measure of bad debts so many Chinese state-owned banks? how to take measures even if the Government could then run, so what will occur when the time is hard to say now, but One thing is certain is that the Chinese state-owned when the oppression of these banks will transform very large the loan would be more difficult to add, because banks have no money to credit! the same time a large number of foreign-funded enterprises with high-quality people resources must be brought into China market and the lusty shock of the collapse of a large number of existing enterprises and white-collar unemployment. thin a little while foreign to join the competition, China's existing 99% of white-collar workers will face a large environment, employment pressure!
and diplomatic banks started to provide in once the amassed asset in real estate, then regular operation because they are made out of the house so the process will be low, have to increase its citizen real estate dripped sharply. as I said, the Housing prices have fallen, or is emulated by the commerce in your wages! can you buy a house before the loan will not dwindle or reduce the price, so you will be unable to pay high loan then your house will be bank take away, your deposit will be frozen directly, so the future of Chinese cities may be the greatest white-collar workers and a few decades ago, like the Chinese state-owned undertaking workers. hard two years, in the end 竹篮打水一场空!
how to shirk bankruptcy?

see where you should understand, do not buy a house is a good way to avoid bankruptcy, but I would also like to remind you, in order to shove up the property market does not fall, they have a way, that is not advocating people do not buy a man child! You mention, this really little effect and now people a jaws first sentence is: that even the strength to damn no. Mizuki weeks in Baidu also post it in this post-ping said: sell your house does not belong to you and rent you What is the feud? (smiles). not to mention the same property and the robbers who forced evictions of people wrong! This is not simply has signified that the issuing industry and the media industry in China is still not open. then public attitude will become a government bailout and developers in the hands of the final trump card.
so we face a lot of rhetoric, when extra than half a brain or your own. afterward a pack of lies we listen pile up housing, speed up crazy! such as brick homes have recently advocated the price is not valuable at all say: Such species have evolved or not sick to dine or beverage does not push and do not wear dead dad and mommy had not accustom for conservation brick home may really be the case. Therefore, we pay attention to vigilance.
Conclusion:

prepared to buy a house buy a house or have a home of white-collar workers will collapse with the breakdown of housing prices, that would be a slow process happening Short is two years or at all times ten years, but this is irreversible trend, so 99% of urban Chinese family has been facing bankruptcy a white-collar workers that is not alarmist! today, you pay the bank money is for the Government of every housing delivery as real estate speculators who fill holes, only a small portion of the real Housing money morrow environment for a change, you do not have many money to fill holes while the mall and banks will be hit behind to the family, and then for a number of new people to fill does not believe?'ll see chant! - PS: Why I said 99% of this number, because according to my understanding, once 99% of the every month salary of over 5000 people began to buy a house, even 3000,4000 to buy. lovers do not comprehend what is going to buy this wretched life would I fair feel sorrowful for them of way if you are that 1 percentage of the advisable, than to argue them to save it. single Better Together