It is the consensus that no country's economy can maintain high-speed growth forever!
Our reform has entered its 46th year, and we have made great progress along the way, creating many world miracles and climbing to the status of the world's second largest economy!
But we can't ignore the risks just because we're used to the economic boom!
It is precisely that those companies regard high turnover as their core competitiveness, and they walk a tightrope at an altitude of 10,000 meters and increase leverage on top of leverage, which exposes the assets of many consumers to risks!
Under the cycle of economic slowdown, real estate is the uninvited guest!
Unlike neighboring Japan, our residents are more deeply tied to real estate and are more affected.
Transformation and slowdown will be accompanied by labor pains!
We have experienced a gorgeous turn from rough processing to made in China!
It has also successfully realized the transformation and upgrading from manufacturing to creation!
We have the opportunity to glide and land in a more beautiful manner, or even throw a beautiful arc.
But at this time, real estate came to join in the fun, and this behemoth came to a very fast hard landing!
Real estate accounts for nearly 15% of our GDP at its peak, and it will quickly fall back to 6% in 2023!
There are dozens of industries in the upstream and downstream of real estate, how many of them are closely related to ordinary people!
The high-speed fall of the real estate industry is indeed impossible to prevent!
Because of the housing prices of the people for many years, the family balance sheet is actually not good-looking, and even a hidden crisis!
When residents' income does not increase but falls, and even after the family income pillar is optimized and laid off, the crisis hidden behind the monthly payment is revealed one by one!
At the same time, under the real estate dilemma, it is impossible to continue to auction land, and land finance has existed in name only, in this case, the ability to drive economic growth will be temporarily missing!
The momentum of economic recovery will weaken!
But it is because of this that we must resolutely say goodbye to real estate!
Only by saying goodbye can the pain be relieved!
At the same time, the hard landing of real estate is also a wake-up call for us!
In our advantageous industries, we can't be coerced by capital, we can't work hard, we can't have a sharp overcapacity, and we can't say that we haven't started to make money from the world, and we have begun to subsidize the world with an involution attitude!
Thankfully, after these difficult three years, we are finally saying goodbye to the last real estate era!
Say goodbye to the real estate era