Reborn in 2014, getting rich from the World Cup
Chapter 710: Too much leverage, easy to collapse
The next day.
When Yang Zheng woke up, it was already past 4 p.m.
Obviously, the anchors of Zhengrong Media lost.
Wansheng Art Troupe lives up to its reputation.
Yang Zheng got up, washed up, and went downstairs to the living room.
Of the second generation six-member group, only three are still there.
Zhu Chengming, Lin Haoyu, and Guo Lei.
Lin Haoyu is the son of the head of the Chudong Discipline Department.
His father Lin Yang is the fourth in command in Chudong Province because he is also a member of the Central Disciplinary Department.
Guo Lei is the son of Guo Kai, the deputy governor of Chudong.
Among the three people who left, in addition to Zheng Lingfei and Wu Ming, there was another one named Sun Bin.
His father, Sun Decheng, is the top leader of Chudong Shaoguang.
Anyway, these six people are the ones who can really walk sideways in Chudong.
After seeing Yang Zheng coming down.
Zhu Chengming and the other two all gave a thumbs-up in unison:
"Boss Yang is awesome!"
Originally, they all thought that Yang Zheng was seeing a big scene for the first time last night, so he was a little greedy.
But when the dancers left today, they found out after asking indirectly.
Mr. Yang is really awesome!
Yang Zheng didn't say much about this matter, so as not to offend his brothers.
So he changed the subject and asked, "Where are Brother Ling Fei and the others? Have they left?"
"Ah."
Zhu Chengming responded, "I asked someone to get some seafood over. If you have nothing to do tonight, let's have another meal together."
Whenever there is a great loss, great supplements are necessary.
These second-generations still pay attention to their health.
Yang Zheng nodded: "Okay."
I just went over and sat down, drinking tea with them.
"Do you have any secret recipe?"
Lin Haoyu asked the same question as Lei Dongming asked last time in Jiangcheng.
As a man, there is no one who cannot be moved by this kind of strength.
Yang Zheng shrugged: "Extraordinary talent."
Lin Haoyu looked at him suspiciously: "Brothers, don't hide it."
Yang Zheng was speechless: "If I had this secret recipe, wouldn't I have made a fortune selling medicine? Why would I hide it?"
Lin Haoyu paused after hearing this, shook his head and sighed.
Guo Lei jokingly said, "Why, it needs medicine to work?"
Lin Haoyu pushed him in annoyance: "Fuck you, I just want to become stronger."
Several people smiled.
Yang Zheng thought for a moment and then said, "Are you guys on good terms with Mr. Xu from Wansheng?"
Zhu Chengming glanced at him and asked, "Do you still want to get involved in real estate?"
Lin Haoyu also said: "Didn't you say that the real estate market only has a few more years of golden age? Want to make a quick buck?"
After hesitating for a moment, Yang Zheng shook his head and said:
"I've studied Wansheng's development model. Old Xu is using too much leverage, and it could easily collapse."
He and Zhu Chengming have a close relationship and are considered to be in the same boat.
So it’s important to remind you that.
Although with the strength of the Zhu family, the collapse of Wansheng probably will not affect their foundation.
But it would be good to reduce the losses.
It can also increase his importance in Zhu Chengming's eyes.
"Wansheng collapses? Improbable, right?"
Guo Lei said with a look of doubt.
Zhu Chengming and Lin Haoyu also had expressions of disbelief on their faces.
Indeed, Wansheng Real Estate is currently thriving.
Even two years later, in 2017, Boss Xu will become the richest man in Xia Country.
In 2018, it was repeated several times.
Talking about the collapse of Wansheng Real Estate now is really too eye-opening.
So it’s no wonder they don’t believe it.
And Yang Zheng didn't intend to ask them to believe it now.
He just gave them a reminder so that they would have an expectation of this matter.
When the wind changes, I will remember what he said today and get out of it in time.
This is enough.
Friends who often play Werewolf know that the prophet is often the one who gets beaten by everyone on the field.
So if you want to be a prophet, you must have a good attitude.
"I just think that the way he plays it is very risky and prone to collapse."
Yang Zheng said, and then smiled and said: "Nothing in the world is absolute. Brothers, please pay more attention. It won't hurt, right?"
Hearing him say this, Guo Lei nodded slowly: "That's true."
Zhu Chengming said, "You're not the type to speak without a purpose. Tell me in detail."
Compared with Lin Haoyu and Guo Lei, he was obviously more cautious after witnessing Yang Zheng's "magic".
Lin Haoyu seemed to have thought of something and said, "Yes, you said yesterday that real estate is already a sunset industry, but you didn't explain it clearly. Let's talk about it in detail today."
Yang Zheng smiled helplessly, glanced at the three of them, and said:
"Brothers have been in high positions for a long time and may not have paid attention to the actual situation of the real estate market."
"Take Chuzhou as an example. The housing prices in the prosperous areas of Chuzhou have exceeded 5 yuan per square meter."
"A typical 100-square-meter apartment would cost 500 million yuan."
"And what's the average salary in Chuzhou?"
"There are fewer than 5000 undergraduate students. And there are only about 12000 doctoral graduates."
"Take the median, say 8500, and that's about 10 a year."
"In other words, if an ordinary person wants to buy an apartment in Chuzhou, they have to save money for 50 years without eating or drinking."
"Brothers, put yourself in their shoes. If you were in their shoes, would you still be willing to buy this house?"
Guo Lei glanced at him and shook his head.
"If it were me, I would definitely not be happy to buy this house."
"If you don't eat or drink, you'll have to save for 50 years. If you only eat and drink, you won't be able to afford it in your lifetime."
"but……"
He paused and said, "As far as I know, all over the country, as soon as new properties are released, there are almost always queues to buy them. I know that many of those people lining up to buy houses are agents, but it's impossible that all of them are, right?"
"Many places have purchase restrictions and lottery draws, and that's really people scrambling to buy houses."
Yang Zheng shrugged: "It's just the afterglow of the setting sun, and..."
He smiled before continuing, "If Brother Lei has some free time, he can check the occupancy status of those residential communities that were quickly sold out."
In real estate, a ghost building does not mean "haunted".
Instead, it refers to properties with high vacancy rates and no one living there.
It’s okay in a first-tier city like Chuzhou.
With a large population, ordinary families have to sell everything they have and use up the savings of three generations to scrape together enough money to buy an apartment.
But in third- and fourth-tier cities, "ghost buildings" can be seen almost everywhere.
Data surveys show that as early as 2014, there was already a clear oversupply in the domestic real estate market.
But those developers and real estate speculation groups are still covering up the truth.
Plus, we are still in an economic upswing cycle.
The real estate market still seems to be very prosperous.
This situation has emerged where on the one hand there are large numbers of "ghost buildings" and on the other hand housing prices are rising wildly.
If this situation continues, there will be only one outcome - BOOM.
The authorities will certainly not allow such a result to happen.
and so……
"The current real estate industry is actually a false prosperity, a bubble economy."
"But the authorities won't allow it to swell to the point of explosion, so it's only a matter of time before they introduce various cooling measures."
"Wansheng Real Estate's super-leveraged development model will be unable to keep up with the pace of funding once financing is restricted..."
Yang Zheng stopped talking here.
Zhu Chengming and the other two all became slightly thoughtful.
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