Please do no purchase a house and motorcar of the

Well-known economist in Hong Kong - Lang
It is inevitable bankruptcy! Run away! It may occur in the afterward 2-10 years. You can attempt to doubt this figure. But it is leap to happen, not alarmist. But it does happen. Because in China, a developing country, with the unavoidable in order to keep inflation and reform fathom in exchange for economic development. And each time the griefs brought about by the reform are the people to afford. When both the village and mountainous areas of the learned youth were confused, or large state-owned enterprises reform and opening up have brought about a large number of laid-off workers near down. If they can have a decisive forward-looking, then I think they might stay a little way out for themselves. However, due to too many too believe that life will not file and mutation, so that led to the tragedy of their lives.
Some say the government will not sit idly by white bankruptcy, the Government has of course not. Some things ... ... how can I say. I think back to the laid-off workers now. Caused so much social unrest. Can do? Today's white-collar future bankruptcy, they also did it.
and 20 years of reform and opening up, China's quick economic evolution take off. But the old system is not entirely changed. Variety of momentous industry is still in force is a administration monopoly system in action. Such as: banking, finance, metallurgy, energy, information, transportation, health care, education, and land. China's reform and opening up of these things were not all aspects of the reform and opening. But today, the contradictions brought about by the monopoly is increasingly prominent.
bear the brunt of that real estate. As China's lawful system is not perfect, especially the field of finance and reform, a cloud of mistakes made by the emergence of real estate has been rising. With the increase in real estate and the concentration of foreign population to the cities. Therefore, the new urban workers is the so-called But this part of the income is chiefly accustomed to pay rent or lend. In mandate to thoroughly understand why
99% of the white-collar families may work bankrupt, we must first understand why housing prices so lofty? Where high? Funds are featuring? (Where white-collar families that purchase a house or preparing apt buy a house.), And the trend apt send the narrated effects. This will be annotated apt you in three stages.
1: cause prices soared in the first factor: Bank loans under the open competition.
truth, the chief factors in house prices soared because of the people in behalf of the Government pay for the mistakes. Such as a developer before a bank loan by a 10 million development of a house. If not since he got in trouble because all the banks are a system, you owe the money did not also no chance to turn around. But China's banking reform on the basis of a hole open to competition among the banks so the ICBC, the Agricultural Bank of China, Construction Bank and so on all manipulate independently. It would have been a good thing. But the problem is that these banks are not private, but the state. Is not difficult to imagine. When a developer from the bank loans 10,000,000 consequences. He only need 500 million to develop a house, then the price increase, then the development of the price of a house along to his standards of mortgage lending to 20 million from the Agricultural Bank of China, and then use that 20 million of 10 million development of a sets the price higher mortgage the house to find 40 million Construction Bank. Is such a crazy borrowing model snowball.
house Maibu Mai to go out is not important, the opener is the price is higher, not lower prices. Anyway, money is not a personal bank, so a little bit to remove the president attach with another
then this result is that house prices do not just mount down! Because they can not fall! Out a bank loan or money to never come back. This is the Government's bank, the Government's money! So in order to plug the funding black hole is to buy some of the specialists, media, public attitude began to frenzy by various means of coercion of public attitude were to buy a house.
such as land resources, severe stress, do not buy a house in the future can only live in the suburbs Yeah like that. Cause people to have to buy a house. In fact,Supra Trainers, can not live in this city simply can not happen this location, the city residents is a process of replacement of old and new, to work to live in the city, the elderly live in rural areas like retirement. As long as the population burst will not arise on white-collar workers do not live in the city center can not be the case. While the media has created a lot of people buy a house, but only so, prices are still not high as it now is outrageous. Then the Government made a second mistake.
2: reason prices soared in the second error: a pledge with Chinese specifics.
mortgage was originally a very fashionable system in the West, and very proper. However, the use of this system to China once a little problem. Because for large institutional. All banks are state, not private. Therefore, the gateway can not control lending tight. As long as the file makes sense, people will be able to credit the money.
early relief to the first error caused by money black hole. The Government introduced the system to individual mortgage houses. What is also often citation the United States to his wife and the Chinese woman's example to lure people to the mortgage. It was indeed the mortgage, and it is crazy mortgage. And banks at the peak of a little They first set of 80 million house mortgage, your down remittance and then a 10 million 70 million loan from the bank. Then after the house sale to heave prices to 1.8 million. This time their relatives or to go buy I Met Your Mother, but also with the way the mortgage down payment of 30 million own a further 1.5 million loan from the bank. Then go on. They do not how to do the loan? Love Do not calculate bank. Anyway, I do by far under compact on the money you can take the house, we owe the two incompatible.
so rotated nigh, driving up the price of the house several times back in the hands of the government back to the bank. This explains why a lot of fix to the beginning of new flats to be Speculation is not gambling their house will obliged. It took a house to wash up the banks.
banks how to do to get this house? Are afraid the price. Had to add some value and then sell. So do not even think about ordinary people now buy a real house at rational prices! Even if you bought instantly from the developer of the hands of the houses might have switched hands several times back in the hands of the banks and developers. To say something is 8,000 / square in the house, there is only 2500 prices, 5500 is thought to bring money black hole production a wrong determination! That method you are limited to the hard working to obliterate.
3: The third question: white-collar families while bankruptcy? ?
then we learn why the house prices up, again look at the so-called white-collar urban families in China in the essential of bankruptcy.
first exotic white-collar income is really high, but high merit. The so-called white-collar workers in China is generally penniless quality. Serious interior friction of Chinese companies. Everyone scorn, all stubborn. No wonder foreign companies entered the China market began to exclaim: That some people would say: Loss of colossal quantity of chief banks via the hands of a few of the stream of the market. These people began to make offensive investments in other zones of China. Because they kas long asreal estate is about to breakdown. They do distinct circular of investment rumble is quickly sponge the asset, they provide the Internet, high-tech investment, investment and distraction, investment many, many. But by fewest enough to pay staff wages to pay the monthly rent or house for months immediately. Therefore, it is because rising prices of Chinese urban population created a comparative increase wages. Do not deem you do the math in your mean income of urban white-collar workers once completed pay monthly housing money, but also so much money on hand? I think it would not have me ramble on it. Psychological several people. So I can say thin a moment the real estate break that followed the collapse of your wages.
I know there are many, many white-collar workers who have purchased the house. Their thinking is simple: What variety of housing money to pay 3000? I can buy a set too! But because the house so what you are expensive. You eat, your traffic, your tuition fees, therapeutic costs and more expensive! ! ! So the money you pay the chamber afresh besides the cost of alive is basically a penny to save for it, even if the storeroom point is also not reserve up with natural inflation rate. The question is will maintain the status quo if so, in methodology, should be all right. You two decades acquired money just to make up for the loss of two mistakes.
But the problem also lies in here. As of the end of the buffer WTO5 years, a large number of foreign communications, banking, medical, insurance and so companies will have migrated into China. At that time no one can stop you put money into Citigroup, HSBC deposit. That time to ask who would be willing to put money there so many bad debts of state-owned Chinese banks? How to take measures even now the Government could then run, so what will happen when the time is still hard to say. But one thing is certain is that when the oppression of state-owned these banks will become very large. Loans will be more difficult to join, because banks have no money to loan-to! At the same time a large number of foreign-funded enterprises with high-quality talent to enter the Chinese market will bring a mighty shock and the collapse of a large number of existing enterprises and white-collar unemployment. That is. Once the foreign-funded enterprises to enter the championship, China's existing 99% of the white-collar workers will face a big job under oppression!
and foreign banks started to invest in once the amassed funds, real estate, it is normal because of their operational processes so made out of the house will be cheaper, with the inevitable pull the citizen real estate declines. As I said earlier, housing prices have fallen, or is followed by the business in your wages! Can you buy a house before prices will not lower repayment or decrement, so you will be unable to pay exorbitant loan. Then your house will be taken away by the bank, your deposit will be directly freeze. So the future white-collar workers in Chinese cities are most probable and a few decades ago as China's state-owned enterprise workers. Hard two decades, in the end 竹篮打水一场空!
how to avoid bankruptcy?
see where you should be conscious, do not buy a house is a good way to avert bankruptcy. But I would also like to prompt you not to try to jack up the property market down, they have a way, it is not advocating people do not buy a man child! You do not say, this is really a little effect. People now a wharf of the first sentence is: I am really offended with the strength to swear no. Mizuki weeks in Baidu also post it in this post Ping said: In China, a land not belonging to your house and rented out to you to sell you What is the distinction? (Laughs). Not to mention the robbers who, like property and unfit person to forced evictions! This is not simply But since the WTO has been that China's issuing industry and the media industry is still not open. Then public opinion will save the market and developers in the hands of the government last trump card.
so we face a lot of rhetoric, when more than half a brain or your own. After a pack of lies we listen build up property, more crazy! For example, recently there are brick home not expensive in price when the support said: So of lesson, price is not expensive. Perhaps for this or these have evolved to dine or nectar is not fixed and patients do not wear die father and mommy had no use for the livelihood of the brick home truly is that the case may be. Therefore, care to vigilance.
Conclusion:
must buy a house or preparing to buy a house
white-collar family home prices will collapse as the collapse happened it would be a slow process. As short as two years or as long as ten years. But this is an irreversible trend. Therefore, China has 99% of urban white-collar family, said a bankruptcy not an alarmist! Today you pay for each housing distribution to the bank for the Government money for real estate speculators who are repairing the hole, only a small part of the room is real money. Tomorrow, the environment changed, and you do not have that much money to fill the hole 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 the pictures! - PS: Why do I say 99% of this number, because according to my understanding once the monthly salary of 99% over 5000 people began to buy a house, or even to buy 3000,4000. What sweethearts do not understand that this life will be miserable going to buy. I just feel sorrowful for them. Of course, if you're that 1% of the sage men, and more to argue them to save it. Better Together alone.
Chinese are the 4 huge when
largest when: real estate
buy a house mean? Means that you have a house of their own. Yes,Supra Footwear, you thought so, but in China you do not own this house, you just rent it. Because the house is yours, not your land, but the land use rights for 70 years (70 years from now it was back during the War, who saw time in the house?). House is usually about 30 years old renovation or demolition will be met. That means 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 a few years later, you find that fooled! A group of hooligans broke into you life savings to buy a house, drawing a big Chaizi! Then all of your personalties, like when the garbage is still out the door, despite your begging, and even the newspapers also give you a hook by a notorious family, any damage of the public when you will know what despair!
narrated China's real estate has a famous joke is written like this:
antecedent, there was a owner there are numerous locations to find a lot of permanent work,Supra Cruizer Shoes, the owner to have built a permanent home to a number of mansion consensus, 1 daytime, the landlord's advisor aboard the landlord, said: owner, long-term employment are the hands of these few annuals some money, they live in your house, the monthly pay Zuzi, not value, anyhow, they not supply to live, do not you fair sell them the house is called from a tricks - public houses because marketing! Tell them that the house belong to them forever, you tin retention them money back in recent years, the landlord said: Yes, that lease how to do? Advisor, said: collects not mistake, from a Japanese appoint of children, shrieked the property prices! Landowners to implement speedily, and make a lot of money, long-term employment are the cheerful ah!
a few years, the landlord of the village into town, and the wealthy more and more, no place to live, advisor to the landlord, said: owner, long-term employment are the hands and money in recent years, we give them build a new house, called from a transformation of the old tricks, they switch their money to us, and we destroyed the house to build a new, and ask them to buy back, you can sell more than cover a number of others, the landlord has carried out, this time, Some long-term workers are not happy, the landlord's retainers put to use, the permanent teeth have had to knock down the throat to the tolerate, the landlord has made a lot of money.
Then, after a few years, the landlord of the village developed into a big city, and the rich more, the landlord of the land more expensive, and advisor to the landlord, said: union, we put these permanent houses demolished in this place to build villas, split out of the house sold to cover those who can earn a sum of money of the millionaire, the landlord said: how to do long-term workers who discontinue? Advisor, said: we give them a little more money, call their places from a monetary settlement, then we built our barn next to the house, from a tricks called affordable housing, they built a chariot road to grant them to buy over there room to live, the landlord said: how do they have enough money? Advisor, said: the banks borrow from our house to them ahead, 6 points a year profits, but also with money, money, nothing if cubs, not anyone risk, the landlord has carried out,Supra Shoes, permanent they got the money, the landlords of affordable housing until now built a long-term employment they had to line up the house, until now, still waiting for it ... ...
Thus, long-term basis began to make distress, and the landlord a little nervous, hurriedly queried counselors how to do? Advisor Shui: they must notify their long-term employment, the house should be dropped in price, do not buy, rent to live it, just rent them to our pen, the outcome, so many years, long-term employment have all the money gone, still rental housing, forever!
joke whereas a bit amplified, but in fact it not also true? Some people say that being the case? Why do Chinese people have to buy a house? Crazy to buy? Why? Is not the result of the stupefying education, as if 60 years, advocating that people have to buy Big Three: watches, sewing machines, bikes can be a really successful people marry a wife. 70 advocate that people should buy a new four pieces: television, refrigerator, washing machine, install the phone can be considered as a wife have children to succeed, like memorize to install the phone, but to thousands of dollars a ah (per capita income of the small town of fewer than 200 ), while tens of thousands of Beijing and Shanghai is more a time, have to take the person number line to buy, and how to buy a house today, the analogy?
Today always the shit
scholars began to fool the people of this set of the old one: the new standard white-collar family, successful people prefer X New X Road, Central, small size, X X Road, Central, mercantile and residential type. After you receive hundreds of thousands, have to dictate you a monthly rent (the new treatment fee), bank interest, and various sorts of excuses to raise interest rates, policies and so on and so forth. In short you are not afraid to death, but afraid not suffer you to dead! Gnaw on how happy people fooled, but a hundred on the tire of it? I am really angry and get it all rainy!
second when: Employment
sigh when somebody finally started: the year when the taught youngster, when people are laid off after no access out, no one can sit-in protest against the Council, who can only be depressed to the street was also compiled the first Song smiled brave life, begin over time. Have you ever thought of! They also have the same scenery and white-collar workers today! Income and status they had let the people around envy? Have you ever thought 20 years after! Like you would like them descend on the streets, deserted? !
Some say Hey! You do not know the unemployment insurance, stipend insurance, XX assured it? Oh, I float in Beijing, N years, many insurers pay tens of thousands about it, but when the Pao Duantui unemployment and no one gave me Han insurance, but many insurers have been frozen that I had to pay off, and I could and pique ... ... than that, you think you do to the age of 60 can get old-age insurance? Out of the sky without money! Today's pensions get older is that we earn! Today 30-40 years of age routinely have several brothers and sisters! Means that today's aged to get a subsidy at 60 is because there are 5 people for one old man! And after our generation is the old one for us two old people! Money comesintoseffect? Did not have to! If you are proficient to live to 90 years old can receive a number of stipend estimates, hey catch on it to you. But even so, parents are still mad for the children to the assorted elements in the state-owned enterprises to send, to me to all have such one example. A distant relative of my home, find the relationship between tug friends, spent seventy dollars to his son through an open recruitment crew sent to the traffic police, dry on the contract of police. Get 800 a month. Competition results in the third year was down to the brush. Family calling, I said, a good brush, you earn a lifetime forbid on that seventy that does not return, and quickly clean before slumber, and then scrape together some money to change out a small business, go! Probably can earn.
when I graduated, I took me uncivil language is holding the money, the Department sent me to the XX. I saw the man responsible for recruitment that virtue can not help the nausea, Made in salary, uncivilized language, I'm the pearly dry it is not only back 10 years, the cost of food or drink. So I'm a personal fellow intimidated, frightened that potbellied X chief no longer terrified to agree me. I have had: to scamper away.
I wanted to do not understand? How come Chinese people silly? Such a superstitious nation word it? Wake up, that line of thinking is not normal? Prior to his work does not pay to not reckon cost-effective?
there are those little young white-collar workers who find work best to pay a higher point, not the insurance to health insurance and nothing, and then save up their best insurance money, will need it.
third when: Education
a diploma worth? A diploma worth? A diploma worth? The altitude of the publishing costs two dollars a day. A teacher pay? Hey, two students a semester tuition enough! A class book printing how much? Two students, enough! How much rent one class a semester? Hey two students enough. ! Hey! Education in China receive so much money you Why the perdition! ?
Hey! The people are! Why we must be taken? Because the verdict class to tell us juvenile scholar was admitted to reputation. I'm apologetic, I was wrong, and is admitted to the University was honored. But why do people never want to think about glory? Why ... ... University scholar medal what is not consume!
you know who your child is instructing it? Generally in China, people can not adjust to society will transform a teacher, for instance. Some period ago I was a project among the University to find a few graduate students to do programs. Result very few people silly, do not give you full attention, guarding you merely have to work, merely also to the documents was a typo, not to alteration, so you find even told you seriously, is this not his fault , is that you give is wrong. Little sense of liability, will not consider whether one is to do asset and do things or to do one entity and doing things. I was very calm and gave them reason: you must study to think for others, cerebral what other people want results and then do things. Otherwise it is impossible to survive in society. The results of a few, said: We did not go to the community, we are very nice checkup results, schools should we have resided as a teacher. Originally, we have nought to say the wrong, how do you lay how we do it, do not you arranged for us not to do. This is our self-respect and principles. I said: If you go to the porters, the boss did not prepare for you to work when the lock will not lock up your storehouse? You chilling you? After your child is beneath the guidance of such a human learn and grow. Rest guaranteed it?
is no surprise that institute cohabitation, truancy, fighting, suicide ... ... but the parents are still compliant to cost money to send their children to educate, and life is to spend the money.
fourth-largest when: car
Chinese crazy? Buy a car? Why buy a car? ? ? Of course, you not only money spent, you love how to buy how to buy,Supra Shoes UK, buy a car, anyway, how up you Huabu Wan oil money, the house demolition you should not feel bad. But most people do?
I had a companion to live the North Second Ring, the corporation Xizhimen there. Most probably take the subway to work each hour. Charade may must buy a second hand, every morning at 8 o'clock on the road Duzhe, and then moved to the company little by little. Hey, a month parking fees are a lot. But they were felt to open the car its own identity senior point. Not to advert open a Charade, Audi is open to whom I have not seen the three knock nine who worship. In addition to look a little silly than others outdoor their own no other achieve.
another occasion, I met the girl a month income to 4000, loans to buy a car in the plan. So I asked her: little girl, I've got to do business, their work on time, Metro and convenient to buy a car do? Thought for a long time, it is estimated can not think of any cause came and said: sometimes go to the supermarket to buy things right, hit another car near the point is not worth that, wading and by inches the point. So steer yourself go! I about did not hear disgusting. You drive to the supermarket to buy immediate noodles do not feel sick it? Equipped with cellular calls to go incommunicado, is incommunicado for! Do not think that buying a car can prove anything.
example, I now own commerce, very engaged day to run about 4-5 places, look a lot of customers. But I do not buy a car, why? I took a taxi that came with the move, kick left, no place to worry about parking, do not fret about hanging a touch, and without fear of being thieves tied, regardless of rain has hung the air driver. Bumped a traffic jam if you can get off the subway. More than ten thousand a year will stop RMB! Buy a car! Parking fees had more than ten thousand a year! This is not silly it?
Do not buy a car
say do not buy a automobile, there are innumerable people who can be mad to go lend money to buy? Die in their own hereafter must not suffer also favor! Buy it, buy a not achieved raising amuse rates? Oil prices are not crazy? Parking and is not expensive? Regret not it? The road to a cheapening of the new car sales are also not sell the right? ?
narrate you that oil prices must ascend. Must be the same for oil prices rose and the USD. Hey! You take the age U.S. 1 / 10 of earnings, home patronize and a price of gasoline. I think you do not have to se.
last say, everybody is not stupid, are small along stupefying teaching Jinong Han had. Silly point does not material, but of life or necrosis thing you still tight with the point, extra calculating the relationship between the economy interests of intend! Do not end, a real estate or oil of a rose, took the money to pay the rest of your life hardly evermething Han diploma will not do, for several decades to pay exorbitant tariffs and levies creature no beyond Han Han. You can not just post losses of hundreds of thousands.
What was said? Oh no way, do not, and do not buy a car you, the bus ah good squeeze. I said that out of all the stupefying education is doing strange vanity. You look at me, just rent a house to live more than a thousand chips a month, it is equivalent to some people's property costs. If you want to get marital I still afford to rent 3-4 thousand, and furniture decoration should be a whole. Which convenient, but also where I live. Not want to move to long-term rent. And also a kind of cross-property charges. Province, also in vain that the banks loans, interest, down payment pile. Something hit the car, nothing on the subway, ten thousand days a year, and also save a garage, parking fees, fines and other stack, the oil price rose to 10 also Lehe, do not defer things. I ran the University did not finish,Supra Indy NS Shoes, 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 saves the tens of thousands of tuition fees.
course, some people would say: You do not even have a house to buy, clarify no marrying. I thought to myself: I do not, you think you have ah? Some people say that is not worth the rent