Chapter 1491 You Must Drink Poisonous Wine Too

The so-called expansion of real estate loans certainly has problems. The American people are relatively heartless. They are very happy when they see stock prices rising. Since they may earn more tomorrow, they should continue to make money in the stock market.

But, I want to spend the money I earn first. Because only in this way can I feel that I am making money.

However, the current stock market is on the verge of collapse. If the Federal Reserve hadn't taken care of the situation, I would have asked you to replenish your collateral. Now even with the Federal Reserve Bank of America, this obvious bad debt must be cut off, but how can we get the money back smoothly?

Otherwise, you can mortgage the villa. Unlike the stock market, 911 had little impact on the U.S. property market, and interest rates are now falling.

Inflation and rising property prices are almost inevitable. Unless there is a major deviation in the relationship between supply and demand, property speculation seems to be better than the stock market!

White Bank is not alone in discovering this problem. In fact, before 911, high-end properties in the United States had already experienced a surge.

When a rooster dies and a rooster crows, people need collateral. Since stocks cannot be replaced, real estate is actually not bad.

There is no such saying in the United States that housing should not be speculated. At this time, a house is more of an asset than its residential function. A group of bankers who were thieves suddenly discovered that real estate speculation is a good thing. This thing is much better than stock speculation. As long as the trend of real estate prices is controlled, there are too many things that can be used.

Damn it, are you planning to learn Japanese?

As far as I know, it's been almost ten years and these guys still haven't recovered. You see, if something happens here in the United States, Japan's stock and real estate prices will also fall.

You know, you are closely related to the U.S. economy. For those who don’t know, I thought that just like Pearl Harbor, it was also created by you.

It is ridiculous that the property market replaces part of the functions of the stock market. Be it in Japan or Xiangjiang, property prices will come down as they go up. Or the speed of coming down should be faster.

The role of the securities market is well known to the world. It is because of the lack of good management of Yingjiang that all the money in the world went to the United States. But the real estate market is different. Consuming too much money is simply harmful and unprofitable.

Think about it, what creates wealth?

Beating drums and spreading flowers cannot create wealth, or to a certain extent, it can also consume a lot of wealth. You have a few apartments in your hand that you can rent out or cash out, but you don’t have to do anything anyway.

But for young people, this is extremely unfair.

Postdoc? It’s no use, I’ll kill you in one apartment in the Second Ring Road. If you are not very lucky, it would be good if you can earn a three-bedroom apartment in this life.

Well, if you just make enough money and the property prices collapse, will you be so angry?

Bankers don't care whether it's good for society or not. They think it's a good business, so they don't allow anyone to destroy it.

Hehe, this also explains that the bull market in real estate in the United States is only partial.

The United States is too big to be able to completely control the situation. However, Beverly, Silicon Valley and Long Island are much simpler. If you don’t believe me, check it out. Even if there is a subprime mortgage crisis, property prices in these places are very stable.

"What, everyone, I'm sorry, what do you think of the current situation? Is the United States planning to copy Japan?" Regarding real estate speculation, the Japanese don't want to see it, no matter how great your gains are, They were also largely indifferent.

I have experienced everything from drawing lots to grab a building to queuing up to jump off a building. Unless you wait until all the people of this generation are dead, speculating in real estate in Japan is an extremely ridiculous thing.

Seeing Fujita a little excited, William White couldn't help but smile. Brother, this is just a business of the banking system, and it is not the main business of my White Department. Besides, even if I want to engage in real estate, wouldn’t I go to Xiangjiang to hunt for bargains?

Real estate prices here in the United States actually don’t have much room for improvement. In an area where there is no shortage of land and the main building materials are wood, what can be talked about is the community environment.

No matter how valuable wood is, this thing is also a consumable. No matter how careful you are, it will be just the same in twenty years. If you attract any more termites, no one will want this house.

"Fujita, I have no intention of becoming a real estate developer." William White waved his hand. "You are right, real estate does not generate value. But, this time is a little different. This is an action supported by the government, so no matter what, we will actively participate."

"Oh, I see, I understand. The losses here in Japan are too great. I really don't understand. Isn't Peanutton brainless?"

Looking at the small Japanese chatting on the computer screen, the people participating in the video conference here in the United States did not speak. They don't know this truth, but as the boss said, this is political correctness. If you do something wrong at this time, you will not want the benefits.

This world is very realistic, and everyone speaks according to their own needs. Even if you asked William White to advocate property market investment now, I think he would not refuse.

It's all about profit, there's nothing to be ashamed of.

Of course, it is also necessary to explain the next development to your subordinates. Now Fujita is a little anxious, boss, your industry has been very hollowed out. If you start to engage in real estate at this time, God knows what will happen.

William White actually wanted to say that this is what Rabbit Country often says about drinking poison to quench thirst.

Do you know that poisonous wine is poisonous?

Do you know why you still drink?

This is actually bullshit. If you try it in the Sahara Desert, people who are dying of thirst will not care whether it is poisonous or not. Since life is so painful13, death is death, and there is nothing to regret.

"Speaking of which, Fujita, Japan's stock market is not doing well recently, but the property market seems to have stopped falling and rebounded. How about it? Have you recovered your losses?"

Hearing his boss making fun of him, Fujita could only smile bitterly. A luxury apartment that cost more than two million dollars now costs less than one million dollars.

So what if it goes up? If it weren't for his high income, he would have no choice but to jump off a building.

"No, it's still far away. I've given up on getting my investment back.

Confidence is very important. The Japanese have a bad habit, either their confidence is overwhelming or they fail to recover. "

"Hahaha, hahaha, actually, look at the current Dow Jones Industrial Average. Isn't it the same thing in the United States? The institutions mentioned do not seem to be chasing the rise and killing the fall. You see, there is a problem with the investment entities that are mainly composed of institutions. It's still the same when it's not.

It's just a lamp, is it so scary? If you let go of your reserve and find a place, it will probably take up to three to five months. Let me say that this is simply to scare yourself, but it is the current means of stimulating the economy that should be the big trouble in the future. "