No regrets ninety-two

Chapter 938
Manufacturing, service industry, retail industry, hotel industry, real estate industry, plus a computer industry with a bright future, and an entertainment industry that has not even started, Wu Xiaozheng feels that his stride seems a bit big .

Will this mess with the egg?

He is thinking about this issue very seriously.

For an entrepreneur with a dream, a future corporate kingdom must be planned well, and this plan must follow the general trend.

Among the industries he is involved in now, manufacturing, service industry, retail industry, hotel industry, and the fast-starting computer industry are the core of his future business kingdom, only the real estate industry is too unstable .

The real estate industry could easily collapse!

In this regard, there are profound historical lessons.

The lessons first came from Japan.

In the mid-80s, with a large amount of capital pouring into the real estate industry, land prices in Japan began to soar wildly.

Since 1985, the land prices in the six major cities of Tokyo, Osaka, Nagoya, Kyoto, Yokohama, and Kobe have increased by double digits every year. In 1987, the price of residential land increased by 30.7%, while that of commercial land jumped by 46.8%.

In 1990, the land price index of the six major urban centers rose by about 1985% compared with 90.In the Tokyo metropolitan area, since 1986, there has been an almost vertical rise in land prices, and the land price in 1990 at the peak was about 1983 times that of 2.5.

But starting from 91, housing prices in Japan began to plummet, dropping by 70% that year.

The result of the decline is that those poor people who acted as receivers even had problems renting houses and eating, and many people chose to jump off buildings.

For enterprises engaged in the real estate business, if they fail to evacuate in time, they will immediately fall into the predicament of breaking the capital chain.

Japan's real estate crash in 91 not only suffered the disaster of ordinary people who acted as receivers, but also a large number of real estate companies that did not evacuate in time.

The second lesson comes from the superpower America.

In 2008, because of the subprime mortgage crisis, the real estate in the United States collapsed. This not only made a large number of middle-class people in the United States suddenly poor, but also made large companies such as Freddie Mac and Fannie Mae ranked among the top [-] in the world. It went out of business overnight.

In addition, Hong Kong, China, also caused a real estate crash during the financial crisis in the next few years.

……

Once a country's real estate industry collapses, it will be fatal to ordinary people who speculate in real estate, as well as those real estate companies that fail to retreat in time.

Wu Xiaozheng naturally did not want such a fate to happen to him.

Therefore, even if he wanted to get involved in the real estate industry, he would just play it as a windfall industry for a while, and he would definitely run away when it came to the critical moment.

He is now thinking about a very important question.

Once you really start to get involved in this industry, when is the right time to run?

Perhaps, the real estate industry in the future can last until 2020 at most!
He came to such a conclusion.

The reason why he has such a conclusion is not unfounded.

He remembered that in his previous life, starting from around 2000, domestic housing prices had been rising wildly for more than ten consecutive years. This not only emptied the energy and wealth of too many people, but also overdrawn the growth potential of the Chinese economy.

Undoubtedly, during the long period of madness in China's property market, a property market bubble has formed that is bigger than the current real estate bubble in Hainan.

Bubbles are always about to burst!

Based on the collapse of the property markets in Japan and the United States, someone summed up the four conditions that lead to the bursting of the bubble.

First, real estate development has entered a saturated state.

Second, housing prices continued to rise and the bubble became serious.

The third is that the monetary policy suddenly changed from loose release to tightening.

Fourth, an economic crisis breaks out or occurs.

Wu Xiaozheng feels that these four conditions are actually very reasonable. For example, the Hainan property market that is about to collapse, the reason for the collapse is particularly consistent with the first three conditions.

In the previous life, around 2017 and 2018, China's real estate market was basically in a situation where all these four conditions met.

Especially in 2018, when China and the United States start a large-scale trade war, it is very likely that a certain economic crisis will occur, which will become the fuse of the collapse of the property market.

Wu Xiaozheng thought that around 2017, Wu's enterprises would have to consider a large-scale retreat from the real estate industry.

To be honest, if possible, Wu Xiaozheng really didn't want to get involved in the muddy waters of the real estate industry.

In his view, in the next 30 to [-] years, although the real estate industry will drive the development of China's economy for a certain period of time, it is more like a "YA movie" of China's economy. Quit.

In the end, it will be like China's stock market, cutting ordinary people like leeks.

Dangerous!

But in the situation where the general situation cannot be changed, can he refuse this temptation?

It's really tough!

Because he knows that when China's economy develops to a certain stage, because of the rise of the real estate economy, it is precisely the real estate developers, financial and capital players who can stand with the local government and play the role of the mainstream players and the biggest beneficiaries of the Chinese economy. Those real industrialists who are engaged in business, as well as the vast majority of scientific research and technical personnel, will only have some soup because they are too far away from power and resources.

He also knows that when inflation, raw material prices rise, and competition intensifies, the profits of real enterprises will become lower and lower, and many will even close their doors.

This is also the inevitable result of China's economic development to a certain stage.

Wu Xiaozheng is very clear, although the current Chef Wu's food processing factory and chain restaurants are very profitable, but after more than ten years, the profit will be much smaller than it is now.

Based on this situation, it is impossible for him to give up the real estate industry, which has a huge potential for money.

Only by earning enough money and holding the capital in his own hands, can he be qualified to participate in future games, or decide the rules of the game himself.

Alas, the business field is also a rivers and lakes, people are in the rivers and lakes, they can't help themselves!
Wu Xiaozheng sighed, and started to push people away: "Boss Liao, I have already promised you everything I can promise, should you leave?"

Liao Hongcai: "..."

You don't need to use the village chief as a cadre, I'm a senior leader anyway, okay, how can you just say that you want to evict someone?

Alas, being rich is really amazing!
Who makes the current government short of both money and investment?
Who made me rush to hug Wu Xiaozheng's big leg?

He could only be so emotional.

However, he is very satisfied with today's meeting. The potential huge investment of several well-known international brands, as well as the huge land sale fee and a future urban livable area, such gains cannot fail to satisfy him.

But before he left, he decided to add some embarrassment to this kid unkindly.

"Boy, has your bastard father been locked up for a long time? Why don't you find some time to visit him?"

Wu Xiaozheng: "..."

(End of this chapter)