Please do no purchase a house and automobile of a

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- Hong Kong's noted economist - Lang
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may occur in the next 2-10 years you can try to doubt this figure, but it is jump to happen, not alarmist. But it does happen. Because in China, a formative country, its bound to keep to inflation and reforming means for economy development. And every time the aches of reform brought to bear by the people. Whether it is mountainous and rustic areas of the educated youth were confused, or when the reform and prologue up a large number of state-owned enterprises have been closed down when a large number of laid-off workers. If they have a certain forward-looking, then I think they may depart a little for their own posterior. However, deserving to over-confident and over-confident life will not file mutations, accordingly causing the misadventure of their lives. -
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Some say the government will not sit idly at white bankruptcy, the Government has of course not. Some asset ... how can I say. I think back to the laid-off workmen right. Caused so much social unrest. Can do? Today's white-collar personnel when the bankruptcy tomorrow as it has. -
and 20 years of reform and opening up, China's quick economic development take off. But the old system does not completely change. A variety of important industry is still in force is a government monopoly system in operation. Such as: banking, finance, metallurgy, energy, information, transportation, health attention, education, and land. China's reform and opening up of these things can not be all aspects of reform and opening up. But today, monopoly brought ever more affirmed. -
bear the brunt of real estate. As China's lawful system is not absolute, primarily the field of finance and reform, the emergence of a variety of mistakes made by real estate has been rising. With the increase in real estate and the countryman population to focus on large cities. So the new urban workers is the so-called But this part of the income is mainly used to pay rent, or loan. -
To better understand why 99 percent of white-collar families will go bankrupt, we must first understand why the prices so high? High, where? Funds work? (This refers to white-collar ready to buy a house buy a house or family.) And the development trend of related effects. This article will unravel to you in three stages. -
1: cause prices soared, the first factor: Bank loans under open competition. -
In fact, housing prices soared
main elements for the Government because of the people in the mistakes pay. Such as before a developer through a bank lend of 10 million to develop a house. If he does not activity that bad fortune, because all the banks are a system, you owe the money did not also no opportunity to rotate around. But China's banking reform on the basis of a chasm open to competition between the banks so the ICBC, Agricultural Bank, Construction Bank, and so on all manipulate independently. This is a good thing. But the problem is that these banks are not personal, but the country. We can assume. When a developer from the bank loans to 10 million results. He only need 5 million to develop a house, then the price increase, then the evolution of the price of the house along to his criterion mortgage loans to 20 million from the ABC repeatedly, and then use that 20 million of 10 million development of a sets a higher price of the house came to 40 million Construction Bank mortgage. Is such a lunatic snowball loaning prototype. -
get out of the house you serve is not essential, the opener is the price higher, not lower prices. Anyway, the bank's money is not personal, so a little bit to clear the chancellor together with another -
then this result is that house prices do not just climb down! Because they can not fall! A bank loan out money or never come back. This is the government's banker, the government's money! Therefore, in order to block the funding black hole is to buy some of the specialists, the media began to create public opinion using a variety of media frenzy means of coercion of people to buy a house. -
such as land resources are severely strained, do not buy a house in the hereafter can only live in the suburbs Yeah like. Cause people had to buy a house. In fact, can not live in this city that was impossible, a fashionable urban residents is the process of replacing age, live in the city to work, like to live in the suburbs of retirement. As long as the population explosion will not emerge on white-collar workers do not live downtown can not be the circumstance. Although these media occasioned a lot of people buy a house, but only so tall prices have not so far off the brand now. Then the government made the second mistake. -
2: prices soared, guiding to the second error: a mortgage with Chinese characteristics. -
mortgage would be a quite renowned system in the West, is also very proper. However, this system applied to China once a little problem. Because for large institutional. All banks are state, not private. The lending this juncture it is impossible to control is nourished. As long as the document makes sense, people will be able to credit to the treatise. -
to the first misdeed as soon as possible to ease the financial dark hole caused. Government began to implement the system to individual mortgage houses. What also constantly give to his wife and the Chinese American woman's example to bait people to the mortgage. Indeed it was the mortgage, and it is crazy mortgages. And banks at a time a little They first mortgage a 80 million homes, own a 100,000 down remittance and then from the bank loan 700,000. Then after the house sale to heave prices to 1.8 million. This time their relatives or Mom and Dad go to buy, but also with their own way out of the mortgage down payout 300,000 loan from the bank 1.5 million. Then on the stuff. They do not how to do the loan? Banks love accumulation charge. Anyway, I'm not under contract can take away your money on the house, we have two incompatible less. -
so turned around, raised several times the price of the house back to the hands of the government back to the bank. This explains why the beginning of many new real estate repair was They are not fried gambling house will obliged. But the bank took the house to clean up. -
bank got the house how to do? Are afraid to tear prices. Had to add some value and then sell. So mediocre people are now not even think to buy a house really reasonable price,GHD Glamour Limited Edition! Even if you bought instantly from the hands of developers house might have switched hands several times returned to the hands of the banks and developers. To say something now 8000 / level house, there are only 2,500 is the price, 5,500 are thought to bring the money black hole production mistakes! That means you are limited to the hard working backside. -
3: The third question: white-collar families when bankruptcy? ? -
we learn why the house prices up, again look at the so-called white-collar families in Chinese cities the prerequisite of bankruptcy. -
first foreign white-collar income is really high, but high amount. The Chinese called the white-collar workers are generally meager quality. Chinese enterprises serious inner friction. Everyone scorn all headstrong. No marvel foreign companies entered the China market began to exclaim: That someone would say: The wastage of a large number of bank asset through the hands of a few people went to the market. These people began to make aggressive investments in other areas of China. Because they knew that real possession is about to collapse. They do another circular of investment rumble is quickly preoccupy the asset, they invest in the Internet, high-tech investment, investment and entertainment, investment many, many. But at fewest enough to pay wages to workers or pay monthly rent on a house for it. Therefore, it is because the ascending price of China's urban population established a relative remuneration amplify. You do the math you do not deem the city where the average income of white-collar workers, once paid the monthly housing money, how much will be left to the hands? I think this would not I be wordy it. All psychological few. So I can say that once the real estate crash that followed the collapse of your wages. -
I know there are many, many white-collar workers who have bought the house. Their thinking is simple: But because your house so what are expensive. Eat your, your transportation, your tuition fees, medicinal costs are more expensive! ! ! So the money you pay the room apart from the cost of living and then basically kept a penny for it, even now the save point also keep up with normal inflation rate. The problem is if you will maintain the status quo, then, in theory, should be nice. You two decades earned money just to make up for the loss of two errors. -
but the problem out here. With WTO5-year grace duration to the end, a great digit of exotic communications, banking, healthcare, warranty, and so companies will have moved into China. That time no one can stop you put money into Citigroup, HSBC deposit. What approximately that time who are compliant to put money in the sum of bad debts so many Chinese state-owned banks? And then how to take amounts even if the Government could run, so what will happen when the time is still hard to say. But one thing is definite is that these banks to China's state when the pressure will become colossal. Loans will be difficult to increase on, for banks have no money to honor! At the same time a large number of high-quality artist with foreign-funded companies to enter the Chinese market will send a mighty clash and the collapse of a large number of existing corporations and white-collar unemployment. In other words. Once the foreign-funded enterprises to join the emulation, China's existing 99% of white-collar workers will face under the employment pressure context! -
and foreign banks started to invest in once the accumulated funds in real estate, then normal operation because they are made out of the house so the process will be low, must thrust its citizen real estate dropped sharply. As I said earlier, prices have fallen, or is followed by the business in your wages! Can you buy a house before the loan will not reduce or reduce the price, so you will be unable to pay exorbitant loan. Then your house will take away the bank, your deposit will be directly frozen. So the future of Chinese cities may be the greatest white-collar workers and a few decades ago, like the Chinese state-owned enterprise workers. Hard two years, in the end 竹篮打水一场空! -
how to lest bankruptcy? -
see where you should understand, do not buy a house is a good way to avoid bankruptcy. But I would also like to caution you, in mandate to push up the property market does not fall, they have a way that is not advocating people do not buy a man child! You mention, this really little efficacy. Now people a mouth first sentence is: I am really angry with the strength to damn no. Mizuki weeks in Baidu also post it in this post-ping said: In China, a land not belonging to your house and rent you have to sell you what is the inconsistency? (Laughs). Not to mention the same property and the bandits who compelled evictions of people wrong! This is not simply But since the WTO has signified that the issuing manufacture and the media manufacture in China is still not open. Then public opinion will become a government bailout and developers in the hands of the final trump card. -
so we face a lot of rhetoric, when more than half a head or your own. After a pack of lies we hear build up housing, speed up crazy! Such as recent prices have brick home not valuable when sermonizing said: Some nod? Perhaps for this or these have evolved to eat or drink without ailment does not move and do not dress die dad and mama had no use for the livelihood of the brick home may really be the case. Therefore, we pay consideration to vigilance. -
Conclusion: -
prepared to buy a house buy a house or have a family of white-collar workers will collapse with the collapse of housing prices, that would be a slow process that occurs. Short as two years or at the peak of ten years. But this is an irreversible trend. Therefore, China has 99% of urban white-collar workers, said a bankruptcy not an alarmist! Today you pay the bank money is for the Government of each housing allocation for real estate speculators who fill holes, only a small part of a real house money. Environment a change tomorrow, you do not have much money to fill holes 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 Bai! - PS: Why do I say that 99% of this number, because according to my understanding, once 99% of the monthly salary of over 5000 people began to buy a house, even 3000,4000 buy. What sweethearts do not understand that life will go on to buy badly. I just feel sad for them. Of course, if you are that 1 percent of the wise, than to persuade them to save it. Better Together alone. -
Chinese are the four big when -
largest when: real estate -
purchase a house average? Means namely you have a house of their own. Yes, you think so, merely in China and you can not have this house, you just rent it. Because the house is yours,GHD Carry Case & Heat Mat Straighteners, not your land, merely land use rights as 70 years (70 years from immediately it is back Sino-Japanese War, who have penetrated the house that period?). House, normally 30 years or so the demolition or renovation ambition be met. That you cost the money to purchase a house, but can only be renting the tangible results. Of lesson this is not the worst. The worst is while you ascertain that afterward decades of fools! A team of hooligans broke into your house with their life savings to purchase the painting on a huge split-! Then all of your belongings, like when the garbage is still out of gates, regardless of your alleging, and even still you press on a newspaper list of the flagrant fasten, anybody damage of the public when you will know what despair! -
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described the Chinese real estate has a renowned joke is written like this: -
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antecedent, there was a lot to the landlord, to find a lot of permanent work, and the landlord to cover a number of long-term workers who lived in structure unity, one day, the landlord's advisors on the landlord, said: club, long-term workers were on hand in recent years a little money, and they live in your house, the monthly pay Zuzi, worth, anyway, they will not furnish to live, do not you just sell them the house from a tricks is called - public houses for bargain! Tell them the house they never go, you can save them money back in recent years, the landlord said: Yes, how do I rent? Advisor, said: according to income is not wrong, from a Japanese name of children, called the treatment fee! Landlord quickly implemented, and made a lot of money, long-term employment are the happy ah! -
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a few years, the landlord of the village into town, and the rich scale up, no place to live, advisor to the landlord,GHD Hair Straighteners, said: club, long-term workers were on hand and money in recent years, we give them build a new house, called from a transformation of the old tricks,GHD Black Styler Straighteners, they knob the money to us,GHD Blue Styler Straighteners, we dragged down to build a new house, and acquaint them to buy back, you can sell more than cover some of the others, the landlord has carried out, this time, Some long-term workers are not elated, the landlord of the retainers come in use, the permanent teeth have had to knock down the throat to the tolerate, the landlord has made a lot of money. -
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A few years after, the owner of the village amplified into a big metropolis, and the rich more, the landlord of the land more valuable, advisor to the owner, said: club, we put these lasting houses demolished in this location to establish villas, split out to cover the house sold to the wealthy who can acquire a amount of money, the landlord said: how to do long-term workers who quit? Advisor, said: we give them a tiny more money, from a financial accommodation called cheats, and then we built our barn afterward to the house, from a cheats shrieked affordable housing, they built a carriage road to grant them to buy over there living apartment, the landlord said: how do they have enough money? Advisor, said: the banks lend from our home ahead them, 6 points a year profit, but also nought if the money begets money the Cubs, not any risk, the landlord has carried out, they get the money long-term basis, the landlord of affordable housing until now built one, they had to wait in line for permanent house, until now, waiting for it ... ... -
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Thus, long-term employ began to make distress, and the landlord a little nervous, hurriedly asked counselors how to do? Advisor, said: They must advertise the permanent house to be dropped in price, do not buy, rent to live it, just rented it to them our pen, the result, after so many years, long-term employ have all the money gone, are still renters, always! -
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joke whereas a bit exaggerated, but in fact it not also true? Some people say that being the case? Why do Chinese people have to buy a house? Mad to buy? Why? The result of pedagogy is not obscurantism, as if 60 years, advocating that people must buy the Big Three: watches, seaming machines, bikes truly successful people can wed a wife. 70 years advocating that people must buy 4 new pieces: TV, refrigerators, washing machines, tel equipment can be considered to succeed as a wife have kid, memorize the thousands of dollars to install a phone, but ah (per capita income of fewer than 200 town ), while tens of thousands of Beijing, Shanghai and more a time, had to take a human number line up to buy, and buy a house today, how it is similar? -
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and today all the shit in this set of savants began to fool the people of the old trick: the new standard white-collar, successful people select a new small size X ring X Road, X ring X Road, residential and mercantile type. After you receive hundreds of thousands, have to charge you a monthly rent (the new property fee), bank interest, and various sorts of pleas to raise interest rates, policies, and so on and so forth. In short you do not be afraid to necrosis, not afraid to die you miserable! Gnaw on how happy the people fooled, but one hundred tire on it? I am really angry and get it all wet! -
second when: Employment -
When someone finally began to sigh: the year when the educated teens, when people are laid off after no way out, no one can sit-in protest ignored, can only be depressed on the avenues also were compiled brave song smile at life, start over the time. Have you ever thought of! They also have the same landscape and white-collar today! Their proceeds and status have also let the people approximately envy? Have you ever thought 20 years later! Like you would like them descend on the streets, deserted? ! -
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Some people say hey! You do not know the unemployment insurance, subsidy insurance, XX assured it? Oh, I drift in Beijing N years, numerous insurers to pay tens of thousands about it, but when Pao Duantui unemployment and no one gave me Sha insurance, but many insurance policies that I have been frozen for paying off, and I just and inflame ... ... More than that, you think to the old of 60 you can get really old-age insurance yet? Out of the sky without money! Today's pensions are older we get the earned! Today 30-40 year-olds usually have several brothers and sisters! Means that today's aged to get a pension age of 60 is because there are five people for one old man! And after our generation growing old is a human for the two of us old people! Money comesintoseffect? Did not come! If you are able to live to 90 years is estimated to receive some of the old-age insurance, hey You catch on it. But even so, parents are still crazy and put their babies to a kind of enterprises in the allocation of state-owned units, to me it all has such examples. A far relating of my home, find the relationship between shuffle friends to spend seventy thousand greenbacks to his son through an open recruitment group sent to the vehicle police, dry on the compact the police. A month to get 800. The third result was competition to the brush down. A people crying, I said, a good brush, you earn a lifetime forbid on that does not back that 70,000 1st rinse sleep fast, and then scrape together some money to alteration out a small business go! Probably can earn. -
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when I graduated, I led my profanity is holding the money, the department sent me to XX. I saw that the male responsible for recruitment virtue, could not help the nausea, Made in salary, profanity Yeah, I is not dine or nectar until the white dry-back 10-year cost. So I had that guy a privately threatened, scared that potbellied X no longer fearful to confess I am capital. I just must have: away from family. -
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I wanted to do not comprehend? Chinese people ye so foolish? Such a superstitious nation word it? Wake up, meditative that the line is not customary? Prior to his work does not pay to not calculate cost-effective? -
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there are those little white-collar workers are youth, it is best to find a job to pay the high point, not to health insurance and Han, insurance, and then save up your money most insurance will need it. -
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third when: Education -
a diploma worth? A diploma worth? A diploma worth? Top of the printing costs two dollars a day. A instructors salary? Hey, two students a semester of tuition enough! A class writing printing how much money? Two students enough! How much rent a level a semester? Hey two students enough. ! Hey! China Education Why the hell you receive so much money! ? -
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Hey! The people are! Why should we be fooled? Because the small ruling class told us was admitted scholar honor. Oh sorry I am wrong, is it honorable to go to college. Why do people think about but never go to honor? Why is glorious ... ... University scholar and how not garbage! -
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you know who your child is teaching it? In China are generally unable to accustom to society, people would become a teacher, for instance. Some time ago I as a project, find a few academy students doing master's agenda. The results are very few people fatuous, do not give you full attention, you must abdicate it to work, but also to the documents obviously a typo, not to change, so you find even told you seriously, is it not his mistake , you give is wrong. Little sense of duty, will not consider whether an order to things and do things or to do one thing and doing things. I was very silence to cause with them: you must study to think for others, the results of re-thinking people want to do things. Otherwise it can not survive in the community. Results of those few, said: we do not go to the community, we test scores good enough, we are lingering in school to a teacher. We had nothing to say the wrong, how do you sort how we do, do not you arranged for us not to do. This is our self-respect and principles. I said: If you go to the gatekeepers, the employer did not arrange for you to work when you do not latch arsenal lock it? You chilling you? After your child is under the guidance of such a person learn and grow. You ease it? -
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cohabitation is no wonder that university, truancy, fighting, suicide ... but the parents are still willing to spend money to send their children to school, but a lifetime to spend the money. -
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fourth-largest when: a car -
Chinese people crazy? Buy a car? Why buy a car? ? ? Of course, you not only have money to spend, and how you love to buy how to buy a car buy a house, anyway, how up you are enough of oil money, the house demolition you should not feel bad. But most people do? -
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I accustom to have a colleague
live North Second Ring Road, the corporation Xizhimen there. Most probably take the subway to work each hour. May have to buy a second-hand Charade, 8:00 each morn to start on the road Duzhe, then moved a little morsel of enterprise. Hey, a month parking lot. But she felt the car its own personality to open high-level point. Not to say open a Charade, is to open a Audi I have not seen who knock nine of whom three adore. In adding to seem a little foolish than others appearance their own no additional function. -
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Another time, I met the little girl was 4,000 a month income, car loans in the program. So I asked her: little girl, I've got to do business, their work in season, Metro and convenient to buy a car do? Like a long time, it is estimated could not think of a reason to say: Sometimes things go to the supermarket to buy it, they feel a taxi near the point is not worth the walk but in no way the point. So drive yourself go! I nearly did not hear nauseating. You drive to the supermarket to buy instant noodles do not feel sick it? Equipped with cellular phones to Jianla Ji, also Jianla Ji's! Do not think that buying a car can certify everything. -
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example, I now own business, busy day, walked about 4-5 places, see many clients. But I do not buy a car, why? I hit that car with the move to, kick left, no place to fret about parking, do not anxiety about hanging a touch, and without alarm of being a burglar stole a knot, whether rain has hung the air driver. Bumped a traffic jam if you can get off the subway. Year also more than ten thousand pieces RMB,GHD Hair NZ! Buy a car! Parking fees had more than ten thousand a year! This is not silly it? -
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Do not buy a car do not buy a car
said, there are innumerable people who can be mad to go borrow money to buy? Must not be also wretched to dead like their future! Buy it, buy a not ended raising interest rates? Oil prices are not crazy? Parking and is not expensive? Regret not it? A road car to sell on value plunges also sell the right? ? -
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tell you that oil prices have to rise. Must be the same as oil prices rose and dollars. Hey! You take the old U.S. 1 / 10 of income, and others a raise petroleum prices. I see that you do not have to se. -
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ultimate say, everyone is not stupid, there was only a stupefying education Jinong Han. Silly point does not matter, but the thing off your life you still tight with the point, many figured the relationship between the economic interests of plan! Other end of the day, real estate have fallen, oil price rise, the money to pay the recess of my life took a diploma, or what what is not dry, for several decades to pay exorbitant tariffs and levies also what what benefits do not. You can not just spread loss of hundreds of thousands. -
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what was said? Oh no course, can no live without a car you, good bus mobbed Yeah. I say all namely narcissism educated fools act strange. You see by me, fair lease a house to live more than a thousand pieces a month, it is equivalent to some attribute costs. If you absence to get marital I have 3-4 thousand of affordable hire, furniture, elaboration an ought be full. Which likewise handy where I live. Do no want to move on long-term rent. Also a kind and disburse attribute charges. Province of the banks too vain loans, interest, down a lot. Something buffet the car, right on the metro, a year ten thousand days, and also saved a garage fees, parking fares, fines stack, fuel prices rose 10 Lehe also not tarry entities. I ran the university did not finish, while the market a self-study when arranging to sprint their own business, do not they also can enter the foreign-listed companies for a director it? Also save the tens of thousands of tuition to. -
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course, some people will say: You do not even have a house to buy, specify get married. I thought to myself: I do not, you think you have ah? Some people say that renting is not value -