Recently, a statement has been circulating on the Internet that in order to defend against the dollarCrash, we want to stick to real estateEconomy, but this argument is actually untenable. Real estateEconomyand dollarsCrashThere is no direct connection. Even if the dollar is reallyCrash, for the huge volume of real estate, the dollar is owedDebtUnworthy. In addition, the dollar asInternationalThe common currency, inInternationalenjoyedThe right to speakand sanctions capabilities, withUnited States**ofDebtDefaults, shutdowns and other political factors. Hence the real estateEconomyIt should not be expected to be a counterweight to the dollarCrashThe straw.
However, we cannot ignore the fact that some developers have borrowed US dollars for investment and financing, taking on a certain amount of external debt risk. But even dollarsCrash, these developers can also mitigateDebtPressure. Overall, for the real estate sector as a whole and the US dollarfinancial systemto say that these dollarsDebtof the smaller scale for real estateEconomydid not have a decisive impact.
For US dollarsCrashQuestion, we need to be rightInternationalFinanceThe complexities are understood. The U.S. dollar is the most important in the worldReserve currency, with a powerfulInternationalStatus and influence. United States**And the Fed has a variety of tools to respondFinancecrisis, passing on the crisis by constantly printing money. In addition, the United States has also adopted the formulationFinancepolicy, grasp the power andThe right to speakand other means to dominate the worldfinancial system
On the other hand, the dollar'sCrashIt's not easy. Even ifUnited States**happensDebtdefault, which is mainly due to:Democratsand the Republican Party. DebtA default does not mean that the dollar will be immediateCrash。On the contrary,United States**And the Fed can stabilize the situation by various means and methods. Therefore, for real estateEconomyCounting on the dollarCrashTo save oneself from the problem is unrealistic.
Admittedly, China'sreal estate marketThere is a serious foam problem. Overexploitation and insane swelling have led toRoom ratesMany families have two or three sets or even moreProperty。However,PropertyIt can't be eaten, but it can eat people's hard-earned money. HighRoom ratesNot only does it make social fairness and justice disappear, and hard work and prosperity become an unattainable dream, but it also makes the younger generation fall into unbearable mortgage pressure and give up the desire to have children and get married.
The real estate industry not only occupies a lot of land and social resources, but also drains social wealth, empties people's wallets, and overdraws people's future. A large amount of money and resources have been spent on real estate development, which could have been used for high-tech research and development, industrial manufacturing, andThe real economyand the improvement of education, medical care and people's livelihood. However, in the past two decades, we have strayed into a path of no return when we regard the real estate industry as a pillar industry.
Real estateCrashNot a bad thing, on the contrary, it could become ChinaEconomyAn opportunity to be reborn from the ashes. Room ratesof ** and the real estate marketCrashwill be effectively squeezed outEconomyBubbles, letRoom ratesReturn to rationality. In this way, people will have more spare money to spend, and young people will be able to get rid of the pressure of mortgages and bravely pursue love, marriage and childbearing. Only when the people live and work in peace and contentment can society truly prosper and develop.
Of course, real estateCrashIt will not happen overnight, and we need to take corresponding regulatory measures. However, those bailouts will only further exacerbate the problem of housing vacancy, but will not solve the underlying problem. At present, 96% of urban residents own their own houses, and continuing to promote residential construction is undoubtedly adding fuel to the fire. In contrast, we should invest huge amounts of our wealth resources in high-tech research and developmentThe real economyand the development of social undertakings, this is ChinaEconomyA recipe for the future.
In short, stick to real estateEconomyto defend against the dollarCrashThe argument is untenable. Real estate and the dollarCrashThere is no direct link between them, on the contrary, excessivelyReal estate bubblesIt will only be given to ChinaEconomyBrings more stress and risk. We need to take timely measures to guide the real estate industry to return to rationalityNational economyReally get the momentum for sustainability. Only in this way, ChinaEconomyIn order to achieve real take-off.