For the ** active capital market, everyone has been complaining about too many IPOs recently, but there were also a lot of IPOs in the past 2 years, why was there no problem at that time? Because the middle class was rich at that time, the inflow of ** was abundant, which could cover up the problem of new stock issuance, you can just look at how many ** were issued in 2020 2021, and the main force of purchase is the majority of the middle class.
Now the real estate market, the reason why these two difficult brothers and sisters are mixed up to this step of the field, no one buys the newly built house, and no one buys the newly issued **, in fact, in the final analysis, it is because the middle class has no money. The middle class either buys a house at a high level and struggles to repay the loan, or the income expectation is poor, and they begin to cut back on food and clothing to reduce unnecessary expenses. Since there is no one to take over and there is no new capital inflow, no matter how many policies are issued, it is useless, and we can only take the road of improving the income of the middle class, but everyone knows how difficult this road is.
I see that there are still many financial big V on the Internet who apply the experience of the previous stock market crash to the current **, saying that it can be ** or something, in fact** is the same as the property market, and the current situation is completely different from the past. In the past, no matter how **how**, no matter how the house fell, everyone felt that this was only temporary, and sooner or later it would rise back, and it would rise higher, which was not blind confidence, because the income of the middle class was increasing every year, and now there is no such confidence, and with the continued downturn in confidence, it is obvious that it will hit a new low.
Everyone remembers, whether it is the first or the property market, it is the effect, the actual situation of the economy is the cause, and in 2024, only the stabilization of economic fundamentals can stop the downward trend of the ** and the property market. The first thing we need to do is to face up to the problem. Forget it, let's not talk about it, let's have a good New Year.