Please do no purchase a house and motorcar of a fr

well-known economist in Hong Kong - Lang

their families will face bankruptcy. but inevitable bankruptcy! run away! this may occur in the next 2-10 years you can try to mistrust this diagram, but it is bound to happen, not alarmist. I portend the unavoidable unemployment, Chinese state-owned enterprise workers, as in that time no one believed. But it does happen. Because in China, a developing country, its bound to reserve to inflation and reforming means for economy development. And each time the pains of reform brought to bear by the people. Whether it is mountainous and rural areas of the literate youth were disturbed, or when the reform and beginning up a large number of state-owned enterprises have been closed down when a large number of laid-off workers. If they have a decisive forward-looking, then I think they may leave a little for their own posterior. However, deserving to over-confident and over-confident life will not document mutations, thus causing the tragedy of their lives.

Some people say that the Government will not sit idly by pearly bankruptcy, the Government has of course not. Some things ... how can I say. I think back to the laid-off workers right. Caused so much social turmoil. Can do? Today's white-collar workers when the bankruptcy tomorrow as it has.
and 20 years of reform and opening up, China's rapid economic development take off. But the old system does not completely change. A variety of important industry is still in force is a government monopoly system in operation. Such as: banking, finance, metallurgy, energy, information, transmission, health care, education, and land. China's reform and opening up of these things can not be all appearances of reform and opening up. But today, monopoly brought ever more pronounced.
bear the brunt of real estate. As China's valid system is not perfect, principally the field of finance and reform, the emergence of a kind of blunders made by real estate has been rising. With the increase in real estate and the countryman population to focus on large cities. So the new urban workers is the so-called But this chapter of the income is primarily accustomed to pay rent, or lend.
To better understand why 99 percentage of white-collar families will go bankrupt, we must first understand why the prices so high? High, where? Funds work? (This refers to white-collar prepared to buy a house buy a house or kin.) And the development trend of related effects. This article will unravel to you in three stages.

1: reason costs soared, the 1st factor: Bank loans below open rivalry.
fact, prices soared because of the people in the chief ingredients for the mistakes the government pay. Such as before a developer through a bank loan of 10 million to develop a house. If he does not activity that bad luck, because all the banks are a system, you owe the money did not also no opportunity to turn around. But China's banking reform on the basis of a hole open to competition between the banks so the ICBC, Agricultural Bank, Construction Bank, and so on all manipulate independently. This is a good thing. But the problem is that these banks are not personal, but the country. We can assume. When a developer from the bank loans to 10 million results. He only need 5 million to develop a house, then the price increase, then the development 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 development of a sets a higher price of the house came to 40 million Construction Bank mortgage. Is such a crazy snowball lending prototype.
get out of the house you serve is not essential, the key is the price higher, not lower prices. Anyway, the bank's money is not private, so a little bit to remove the president attach with another
then this result is that house prices do not equitable 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 to stop the funding black hole is to buy some of the experts, the media began to create public opinion using a variety of media frenzy means of coercion of people to buy a house.
such as land resources are severely strained, do not buy a house in the hereafter can only live in the suburbs Yeah like. Cause people had to buy a house. In fact, can not live in this city that was impossible, a new urban residents is the process of replacing old, live in the city to work, like to live in the suburbs of retirement. As long as the population blast will not appear on white-collar workers do not live downtown can not be the case. Although these media caused a lot of people buy a house, but only so high prices have not at present off the mark now. Then the government made the second mistake.

2: prices soared,Nike Shox Monster, leading to the second error: a mortgage with Chinese characteristics.
mortgage would be a very popular system in the West, is also very appropriate. However, this system applied to China once a little problem. Because for large institutional. All banks are state, not private. The loaning this juncture it is impossible to control is preserved. As long as the file makes sense, people will be able to credit to the article.
first order as soon as possible to ease the monetary black hole caused by the error. Government began to appliance the system to individual pledge houses. What also constantly give to his wife and the Chinese American woman's sample to bait people to the mortgage. Indeed it was the mortgage, and it is crazy mortgages. And banks at all times a little They first mortgage a 80 million homes, own a 100,000 down disbursement and then from the bank loan 700,000. Then after the house marketing to raise prices to 1.8 million. This time their relatives or Mom and Dad go to buy, but also with their own way out of the mortgage down remittance 300,000 loan from the bank 1.5 million. Then on the stuff. They do not how to do the loan? Banks love accumulation charge. Anyway, I'm not under compact can take away your money on the house, we have two antagonistic fewer.
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 the starting of many new real estate fix was They are not fried gambling house will thankful. But the bank took the house to clean up.
bank got the house how to do? Are afraid to tear prices. Had to increase some value and then sell. So mediocre people are now not even think to buy a house really rational price! Even if you bought directly from the hands of developers house might have switched hands several times returned to the hands of the banks and developers. To say something now 8000 / class house, there are only 2,500 is the price, 5,500 are thought to bring the money dark hole making mistakes! That manner you are limited to the hard working backside.

3: The third question: white-collar families when bankruptcy? ?
we study why the house prices up, anew see at the so-called white-collar families in Chinese cities the prerequisite of bankruptcy.
first alien white-collar income is really high, but high value. The Chinese shrieked the white-collar personnel are generally penniless quality. Chinese corporations serious interior friction. Everyone scorn all headstrong. No wonder alien companies entered the China market began to exclaim: That something would say: The wastage of a large number of bank funds through the hands of a few people went to the market. These people began to make offensive investments in other districts of China. Because they knew that real possession is approximately to breakdown. They do dissimilar circular of investment boom is rapidly absorb the funds, they invest in the Internet, high-tech investment, investment and distraction, investment many, many. But at fewest enough to pay wages to employees or pay monthly rent on a house for it. Therefore, it is because the mushrooming price of China's urban population built a relating compensation boost. You do the math you do not deem the metropolis where the average income of white-collar workers, once paid the monthly housing money, how many will be left to the hands? I think this would not I be wordy it. All psychological few. So I can say that once the real estate crash that emulated the collapse of your wages.
I know there are many, many white-collar workers who have bought the house. Their thinking is simple: But because your house so what are expensive. Eat your, your transportation, your tuition fees, therapeutic costs are more expensive! ! ! So the money you pay the room separately from the cost of living and then basically kept a cent for it, even now the save point also keep up with normal inflation rate. The problem is if you will maintain the status quo, then, in methodology, should be nice. You two decades earned money just to make up for the loss of two errors.
but the problem out here. With WTO5-year elegance duration to the end, a large number of foreign communications,Nike Shox TL1, banking, healthcare, insurance, and so companies will have moved into China. That time no one can stop you put money into Citigroup, HSBC deposit. What about that time who are compliant to put money in the sum of bad debts so many Chinese state-owned banks? And then how to take fathom even if the Government could run, so what will happen when the time is still hard to say. But one thing is certain is that these banks to China's state when the pressure will become enormous. Loans will be tough to add on, because banks have no money to credit! At the same time a large number of high-quality aptitude with foreign-funded enterprises to enter the Chinese market will bring a muscular clash and the collapse of a large number of existing enterprises and white-collar unemployment. In other words. Once the foreign-funded enterprises to combine the competition, China's existing 99% of white-collar workers will face under the employment oppression context!
and foreign banks started to invest in once the amassed funds in real estate, then normal action because they are made out of the house so the process will be low, must shove its citizen real estate dripped sharply. As I said earlier, prices have fallen, or is followed by the business in your wages! Can you buy a house before the loan will not reduce or reduce the price, so you will be unable to pay exorbitant loan. Then your house will take away the bank, your deposit will be directly frozen. So the future of Chinese cities may be the greatest white-collar workers and a few decades ago, like the Chinese state-owned enterprise workers. Hard two years, in the end 竹篮打水一场空!

how to avoid bankruptcy?
see where you ought understand, do not buy a house namely a good way to avoid bankruptcy. But I would also like to caution you, in array to shove up the property mart does not fall, they have a way namely is not advocating people do not buy a male child! You advert, this really mini efficacy. Now people a mouth first sentence is: I am really vexed with the strength to curse no. Mizuki weeks in Baidu also post it in this post-ping said: In China, a land not belonging to your house and rent you have to sell you what is the difference? (Laughs). Not to say the same attribute and the bandits who compelled evictions of people bad! This is not simply But since the WTO has indicated that the issuing industry and the medium industry in China is still not open. Then public opinion ambition convert a administration bailout and developers in the hands of the last trump card.
so we face a lot of rhetoric, when extra than half a brain alternatively your own. After a pack of lies we hear more and more housing, pile up crazy! Such for recent prices have brick home no expensive when sermonizing said: Some nod? Perhaps as this or these have evolved to dine or drink without ailment does no move and do not dress dead father and mama had no use because the conservation of the brick home may actually be the circumstance. Therefore, we disburse consideration to vigilance.

Conclusion:
must buy a house or a family of white-collar workers must be arranged to buy a house collapse as the housing collapse, that would be a slow process that occurs. Short as two years or by the time ten years. But this is an irreversible trend. Therefore, China has 99% of urban white-collar workers, said a bankruptcy not an alarmist! Today you pay the bank money is for the Government of each housing delivery for real estate speculators who fill holes, only a small part of a real house money. Environment a change tomorrow, you do not have much money to fill holes when the market and banks will be kicked back to the home, and then for a number of new people to fill. Do not believe? Wait and see Bai! - PS: Why do I say that 99% of this number, because according to my understanding, once 99% of the monthly salary of over 5000 people began to buy a house, even 3000,4000 buy. What sweethearts do not understand that life will go on to buy badly. I just feel melancholy for them. Of course, if you are that 1 percent of the wise, than to argue them to save it. Better Together solo.





Chinese are the four big when


largest when: buy real estate

What does it mean? 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, normally 30 years or so 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 group of hooligans broke into your house with their life savings to buy the painting 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 press on a weekly list of the flagrant nail, any damage of the public when you will know what despair!

narrated the Chinese real estate has a well-known joke is written like this:

ago, there was a lot to the landlord, to find a lot of permanent work, and the landlord to have built a permanent Building group unity lived a day, the landlord's advisors on the landlord, said: club, long-term workers are a bit of money on hand the past few years, they live in your house, the monthly pay Zuzi, worth, anyway, they will never furnish to live, do not you just sell them the house from a tricks is called - public houses for sale! Tell them the house they never go, you can save them money back in recent years, the landlord said: Yes, how do I rent? Advisor, said: along to income is not wrong,Nike Shox Turbo, from a Japanese name of kid, called the management fee! Landlord speedily implemented, and made a lot of money, long-term employment are the happy ah!

a few years, the owner of the village into town, and the rich scale up, no location to live, advisor to the owner, said: club, long-term workers were on hand and money in recent years, Let them create a new house, called from a transformation of the old tricks, they handle the money to us, we pulled down to build a new house, and narrate them to buy back, you can sell more than cover some of the others, the owner 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 tolerate, the landlord has made a lot of money.

A few years later, the landlord of the village developed into a big city, and the rich more, the landlord of the land more expensive, advisor to the landlord, said: club, we put these permanent houses destroyed , in this place was built villa, split out to cover the house sold to the rich who can earn a sum of money, the landlord said: how to do long-term workers who quit? Advisor, said: we give them a little more money, from a financial settlement called tricks, and then we built our barn next to the house, from a tricks called affordable housing, they built a wagon road to permit them to buy over there living apartment, the landlord said: how do they have enough money? Advisor, said: the banks borrow from our family ahead them, 6 points a year profit, but also nothing if the money begets money the Cubs, not anyone risk, the landlord has carried out, they get the money long-term foundation, 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 difficulty, and the landlord a little nervous, hurriedly asked counselors how to do? Advisor, said: They must notify 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 although a bit amplified, but in fact it not also true? Some people say that being the case? Why do Chinese people must buy a house? Mad to buy? Why? The result of schooling is not obscurantism, as if 60 years, advocating that people must buy the Big Three: watches, sewing machines, bikes truly successful people can marry a wife. 70 years advocating that people must buy four new pieces: TV, refrigerators, cleaning machines, telephone equipment can be considered to succeed as a wife have children,Nike Shox Nettbutikk, memorize the thousands of dollars to setup a phone, but ah (per capita income of less than 200 town ), while tens of thousands of Beijing, Shanghai and more a time, had to take a person number line up to buy, and buy a house today, how it is alike?

and today all the shit in this set of savants began to cheat the people of the antique trick: the new criterion white-collar, successful people prefer a current small size X ring X Road, X ring X Road, residential and advertisement type. After you receive hundreds of thousands, must charge you a every month rent (the new property fare), bank amuse, and assorted sorts of pardons to raise interest rates, policies, and so on and so forth. In short you do not be scared to death, not afraid to die you pathetic! Gnaw on how elated the people fooled, but one hundred tire on it? I am really angry and get it always rainy!


second when: Employment

when people eventually began apt lament: the annual while the educated youth, when people are laid off afterward not access out, tin only sit-in protest yet not one attentions, tin only be diluted on the avenues too were compiled heroic anthem laugh by life, start over period. Have you ever thought of! They too 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 favor them descend ashore the avenues, deserted? !

Some people say hey! You do not know the unemployment insurance, pension insurance, XX insured it? Oh, I drift in Beijing N years, numerous 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 anger ... ... More than that, you think to the age of 60 you can get really old-age insurance yet? Out of the sky without money! Today's pensions are older we get the earned! Today 30-40 year-olds usually have several brothers and sisters,Nike Shox R4! Means that today's retired to get a pension age of 60 is because there are 5 people for an old man! And after our generation growing old is a person for the two of us old people! Money get down to? Did not come,Nike Shox Sko! If you are proficient to live to 90 years is estimated to receive some of the old-age insurance, hey You care for it. But even so, parents are still mad and put their children to a variety of enterprises in the distribution of state-owned units, to me it forever has such examples. A distant relative of my home, find the relationship between drag friends to spend seventy thousand dollars to his son through an open recruitment group sent to the vehicle police, dry on the contract the police. A month to get 800. The third result was competition to the brush down. A people crying, I said, a good brush, you earn a lifetime forbid on that does not back that 70,000 first wash nap 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 division sent me to XX. I saw that the man responsible for recruitment virtue, 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 threatened, scared 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 foolish? Such a superstitious country word it? Wake up, cerebral that the line is not regular? Prior to his work does not pay to not enumerate cost-effective?

there are those little white-collar employees are young, it is best to find a job to pay the tall point, not to health assurance and Han, insurance, and then retention up your money maximum insurance will need it.


third when: Education

a diploma worth? A diploma worth? A diploma worth? Top of the printing prices two greenbacks a daytime. A teachers salary? Hey, two students a semester of tuition enough! A class book publishing 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 many money! ?

Hey! The people are! Why should we be fooled? Because the small verdict class told us was agreed scholar honor. Oh sorry I am wrong, is it honorable to go to college. Why do people think about but never go to honor? Why is glorious ... ... University scholar and how not consume!

you know who your child is instructing it? In China are generally incapable to adjust to society, people would become a preceptor, case in point. Some time ago I as a project, ascertain a few academy students act master's program. The results are quite few people silly, do not give you full attention, you have to cede it to work, but also to the documents apparently a typo, not to alteration, so you find even told you seriously, is it not his mistake , you give is wrong. Little sense of responsibility, will not think if one order to asset and do asset or to do one object and act things. I was very calm to cause with them: you have to study to muse for others, the results of re-thinking people absence to do things. Otherwise it can not survive in the community. Results of those few, said: we do not work to the community, we test scores good enough, we are residing in school to a instructor. We had nothing to mention the wrong, how do you prepare how we do, do not you arranged for us not to do. This is our dignity and principles. I said: If you work to the gatekeepers, the foreman did not plan for you to go when you do not lock storeroom bolt 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 university, 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: car

Chinese people mad? Buy a car? Why buy a car? ? ? Of course, you not only have money to cost, and how you adore to buy how to buy a car buy a house, anyhow, how up you are enough of fuel money, the house demolition you should not feel bad. But most people do?

I used to have a companion to live the North Second Ring, the enterprise Xizhimen there. Most probably take the metro to work each hour. May must buy a second-hand Charade, 8:00 every a.m. 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 identity to open high-level point. Not to mention open a Charade, is to open a Audi I have not seen who knock 9 of whom three worship. In counting to seem a little foolish than others outside 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 season, Metro and convenient to buy a car do? Like a long time, it is estimated could not think of a reason to say: Sometimes things go to the supermarket to buy it, they feel a cab close the point is not value the hike but I'll say. the point. So pedal yourself go! I nearly did not hear nauseating. You pedal to the supermarket to buy instant noodles do not feel sick it? Equipped with cellular phones to Jianla Ji, also Jianla Ji's! Do not think that buying a car can prove anything.

example, I now own business, engaged day, walked about 4-5 places, see many buyers. But I do not buy a car, why? I kick that car with the move to, kick left, no place to worry about parking, do not worry about hanging a touch, and without fear of being a thief stole a tie, whether rain has hung the wind driver. Bumped a traffic jam if you can get off the subway. Year also more than ten thousand chips RMB! Buy a car! Parking fees had more than ten thousand a year! This is not silly it? Do not buy a car

that car, there are innumerable people who can be mad to go borrow money to buy? Must not be too miserable to die like their future! Buy it, buy a not finished 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 rise. Must be the same as oil prices rose and dollars. Hey! You take the old U.S. 1 / 10 of income, and others a raise petrol prices. I see that you do not must se.