Chapter 778 Lessons Learned, Nobody Cares

The little beauty Jiaxin was not really worried about the son who was placed in Xiangjiang. After all, her sister and mother are here. Besides, there are still a bunch of people watching here.

"Old wrinkle, why don't you see your real estate speculators, don't Xiangjiang people like real estate speculators the most?"

"It's not just Xiangjiang. Alas, the rent of the teahouse we eat now has increased by 15% this year. Hehe, it's because the proprietress is not unscrupulous. I asked people to visit the fishball shop you mentioned earlier. Moved to Mong Kok."

Xiangjiang's morning tea is indeed very special. It's already past ten o'clock, and there are still an endless stream of guests here. Might plan to have it with lunch.

Of course, this is also a person with money and leisure. Most Xiangjiang people are not so leisurely.

"Be careful, the fish ball shop is really delicious. Old wrinkle, the rent of the shop has risen so much, it will be difficult for people to make a living."

"Yeah, many restaurants have started to do morning tea business, some of them are too much, and they also do supper."

"This is not a healthy city. People who create value will eventually be swallowed by real estate and finance. When these people are gone, where do you go to suck blood?"

"Yeah, I've seen the miserable situation in the foot basin. It's like the end of the day. I don't speculate in off-plan properties, and I dare not speculate. Others are different. They not only speculate in Xiangjiang, but also speculate in Rabbit Country."

"Speculation is a good word, and it is used brilliantly. In the United States, at most it means investment. If there is no specific need, it is impossible to buy a bunch of real estate.

You can make money by speculating in real estate and stocks, and if you can make a steady profit without losing money, will anyone still invest in the industry? Without the support of the industry, the current high property prices cannot be maintained. "

"The top tycoons in Xiangjiang are all real estate developers. It is true that no one is interested in starting a business.

The people here lack long-term plans, and everything needs to be done quickly. "

Tea drinking in Xiangjiang is actually a kind of culture. Have a snack and talk about things. Many business things are done on this occasion.

Back in his mansion, William White went straight to the bathroom. The atmosphere of drinking tea is really lively. There is not only the smell of smoke on the head, but also a greasy feeling.

"Filson, after looking around, how do you feel?" William White asked after lighting the cigar in his hand.

"In the steel and concrete jungle, the people here are very hard-working, a bit like ants. They always work and work again and again. The most amazing thing is that they are very energetic.

Cough cough, and what's more, the apartment they built is really too small, right? "

"Small? Filson, the few units you went to see today are more than 1,000 square feet. You know, a house of 100 square meters is called a mansion here."

"Well, boss, I can't understand. You say that land is scarce here, but I don't think so. It can't be more scarce than Tokyo.

The income can't reach the level of the foot basin. Boss, there is a serious bubble here, and it will get worse. "

"Hehe, Filson, you still don't understand that there is indeed a bubble in the real estate market here, but it cannot burst too quickly.

As for the reason, the real estate developers here are actually very clique. In other words, they all believe that tomorrow will be more expensive.

This is the only amount of land that is taken out every year. Those who buy land build slowly, selling one building at a time, and the construction will not be completed until twenty years later.

Haha, if this pattern does not change, it will be difficult for housing prices to decline, unless there is a worldwide financial crisis. "

Felson was a little dizzy. He realized that his financial theory was useless here. Instead of focusing on any economic indicators, you might as well figure out how much land will be traded next year.

Financial institutions and real estate developers join forces, well, they are all in the same group. If property prices collapse, the banks will be the first to suffer.

If it really rises to a certain level, no one will allow real estate developers to fall.

This game invented by American Emperor is really popular all over the world. William White tilted his head and thought for a while, hehe, this is really interesting.

The Axis powers and the Allies in World War II were obviously two completely different ways.

This kind of game played by the US imperialists has suffered a lot from the foot basin, so it is obvious that they will not follow. As for the Germans, they never believed that real estate would make them rich.

If the house is expensive, the rent will naturally rise. If things go on like this, who will operate those traditional industries.

During the previous period of time, the whole world looked down on the foot basin, and this is the reason. We need to have coffee shops, we need to have bakeries, what do you mean by turning them all into supermarkets.

The foot basin is unlucky, the bakery is back, everyone is very happy to see the foot basin is unlucky. Of course, they have not been happy for a few years. The big rabbits who have become rich prefer to buy shops.

Bakery?

How much money can this fucker make, and those additives are banned, man, I have to be able to make those breads.

Ever since, more supermarkets.

Cough cough, this kind of business, the ghost can't handle the big rabbit. You still need to hire employees, and you have to buy a house to repay the loan.

The gods of the Big Rabbit Country don't need them, they live and eat in the supermarket, not to mention it, and they don't have a break all year round.

Cough cough, this is a hard business. Don't talk about foreign countries, you go to the big cities in the rabbit country to see, the people who run these supermarkets are the same. The local elders can't do it at all.

"Boss, you don't need too much capital to make the property market skyrocket. This is really terrible. Sooner or later, the scene of the foot basin will reappear."

"Well, on this point, I also think the same. So, wait a minute, we will operate commercial real estate. As for the others, let's not do it."

Filson smiled wryly, wait a minute, you've already made a lot of money. Tsk tsk, it seems to be easier for rich people to make money.

"Boss, it seems that the whole world is speculating on real estate. Several first-tier cities in Rabbit Country are also engaged in real estate."

"The Federal Reserve has turned on the printing press. How can this imported inflation be solved? Need to guide the funds, right?

If the money is poured into other fields, there may be even greater disasters. "

The current financial market is actually very strange. It is no secret at all that the old United States has issued currency. However, commodity prices did not rise but fell.

If such economic growth can be sustained, the world will be happy. High economic growth and low inflation.

What? There may be big problems in the future.

Cough cough, this thing is not my pot. That's a question of successors.

Despite some reluctance, the little beauty Jiaxin had no choice but to leave. The problem here is not too big, she is not very familiar with that magic city.

If there is any impression, it may be those TV series.

"Society? Are you kidding me? There might be small fish and small shrimps. Like Xiangjiang, it's impossible. It was hung up early in the morning."

"Well, it's good if there's no one. My sister said that Xiangjiang is still very chaotic recently."

"Hehe, it's a pity that it's my sister-in-law. If it's my sister-in-law..."

"Bah, I don't know who taught you Chinese."

"Don't worry, no matter how chaotic it is, my son will be fine here. As for the Big Rabbit Country, it may be the safest country in the world."

"Really? On those TV..."

"Hahaha, a group of idiots who have never been there, they all say that America is safe. What do you think?"

The little beauty curled her lips, the United States is too unsafe, ordinary people dare not go out at night. As for safety, if you have a lot of money, you probably have.