Reborn on Top of Football

Wang Ai said very frankly: "A truly profitable business will not owe money to everyone, but Evergrande owes money to a wide range of people now. It even owes money to people who buy houses. Listen. Did you say that? You have to pay before you buy a house? Do you have to pay before the house is built? Do you think this is a phenomenon that can occur in a normal business? "

“Isn’t it said that real estate deposits require a lot of capital? Isn’t that why we sell off-plan properties due to lack of liquidity?”

"Then do you think this is the case for small-scale real estate in third- and fourth-tier cities? Does it mean that the bigger the property, the less money it has?"

Seeing Gao Lin start to think, Wang Ai was not in a hurry, drank water for a while, and then continued: "Let's talk about a macro perspective, do you know how many houses there are in China? There are various opinions, but it is generally acknowledged that there are already The surplus is increasing every year. For example, last year there were 10 million units, and this year there are 13 million units. What does this mean? It means that it takes more and more time to sell the houses in stock. In other words, the product of houses is being backlogged. We now have 800 million people living in cities, do you understand? That means the number of house buyers is decreasing, but the supply rate of houses is increasing. What are the consequences?"

"House price dropped?"

Wang Ai smiled and shook his head: "Houses are related to steel, cement, and construction. There are a lot of companies. Once the prices are reduced, the related companies will collapse and then expand into an economic crisis. Therefore, the reduction cannot be done. At least it will not be like that of ordinary commodities. Falling should be a slow process. For example, relative price reduction means that other prices rise, and the house price rises slower than other prices, so it comes slowly. But no matter what, there are more sales and less purchases. Real estate companies have been selling for many years. The continuous crazy expansion model must be put on the brakes. Housing prices cannot hit the wall, but real estate companies can. The worst is to sell them. Houses are also high-quality assets anyway, and someone will take over. At this time, cash is king, and whoever has the money will take over. But if a Real estate companies have been borrowing money to survive, and they have been relying on borrowing money to balance the market price of houses. Once house prices fall in real terms, they will become insolvent and face runs from all parties. Do you understand? Everyone is afraid that the money will not be repaid, so they all go If it wants to pay back the debt, it can't repay the owner or the west. Even if it convinces all parties to pay back only a part, its liquidity is gone. Once it runs out of money, the unbuilt house can no longer be built. Once it can't be built, the buyer's remaining balance will be lost. If you can’t collect it, if you can’t collect other debts, let alone repay them, if you can’t buy new land, take new loans, open new buildings, or collect new advances, the entire business chain will collapse. Understand?"

Gao Lin was already dizzy after what Wang Ai said. Wang Ai was helpless when he saw this: "In short, it means that China's real estate is facing fundamental changes, cash is king, and the traditional debt-to-life model will not die if it encounters this fundamental change. Half a life, something like football where you just spend money to buy fame, you will definitely not care about it at that time, you can only get fame while you are alive, right?"

"I understand, boss, you can't say this to the outside world. If a person of your status says that big trouble will happen if real estate cannot withstand the pressure in the next few years, you can't say it to me in front of others. After all, you I must be responsible for your words." Gao Lin took a deep breath: "I know, boss, and I will consider it carefully."

"Well." Wang Ai reached out and pressed Gao Lin's shoulders: "Brother, I can't make a decision for you, but I will try my best to present various facts in front of you and help you make the decision that is most beneficial to you. Next It’s up to you, no matter what you decide, I will support you.”

Gao Lin also pressed Wang Ai's shoulders: "Thank you, boss. You consider everything for us just like you did when you were a child."

"That's right. I can't let you shout this boss in vain."

After talking to these three buddies, what the other buddies said was no longer important. We flew all the way back to Europe. We first stopped in Berlin, Germany, dropped off a few buddies, then flew directly to Madrid, and transferred to Chen Tao at the airport. A Coruña.

I thought I would go home and sleep for a while to catch up on the jet lag and get up for dinner in the evening. Unexpectedly, I was shocked when I entered the house and was greeted by Xu Qinglian.

"No...didn't you say you would come back with me during the winter break? Are you leaving because you have something to do when you come back?"

"You want me to leave? That's fine, I'll leave right now."

"Hey!" Wang Ai and Kang Si pulled Xu Qinglian together. Kang Si said coquettishly, "Tiger, don't leave. The family will be deserted!"

Wang Ai took Xu Qinglian's arm: "What's going on?"

"I'll give you a surprise! The CIIE is over, and the leaders are very satisfied. We experts and organizers held a meeting together. The leaders praised us, and then we summarized it ourselves. Nothing happened. I brought The heads of countries of the European Small Commodity Alliance traveled around the Yangtze River Delta and just came back today. Because we were on a chartered flight and we were leaving from Shanghai, we did not meet up with you."

"Say, hey, what is this?" Wang Ai stared at the living room dumbfounded.

"A gift? We brought a lot of goods to the CIIE this time, but the quantity was a little too big and we couldn't sell it for a while. In the end, I coordinated with all parties and helped to get rid of it at a low price. I also took the lead in handling some myself. Xu Qinglian was a little embarrassed: "Is this the first time? Everyone has no experience. We represent many companies, and one company can only produce a little. Anyway, I will have experience next time, and I won't bring all the same type of products." "

"So, this is also a national mission, right?" Wang Ai pointed to a room full of packaging boxes.

"No, no, this is a task given by a wife to her husband." Xu Qinglian apologized with a smile.

"Okay, there's nothing to eat anyway, right? It's all for use, right? Then you can handle it. We will use it if we can use it, and give it away if we can't use it."

"Thanks husband!"

Wang Ai raised his head and let out a sigh, too lazy to pay attention to this prodigal woman, and went upstairs to rest. When I woke up and went downstairs to take a look, oh, what are they all about? Lamps were placed all over the floor, and horse gear was placed on the table. Kangsi and Xu Qinglian, who had woken up a long time ago, were "identifying" jewelry together. There were plate armor and horse swords in the corner... What rags are these!

"Okay, that's good. Our warehouse can finally be used." Wang Ai turned around twice: "Have you made dinner yet?"

"Oh, it's done, let's go and eat!" Xu Qinglian put down a string of black pearl necklaces and stepped forward to hold Wang Ai's arm: "Don't you ask me how much I spent?"

"It's all gone and it's no use if I beat you up? Is it useful? Can you give me back? Then I'll beat you now."

"Hehe." Xu Qinglian said happily: "In fact, it's not much, just more than 400,000 euros. What I bought are all high-quality products, and the ordinary ones are distributed. By the way, I heard Huang Xin said that you want to engage in scientific research? I Help you?"

Wang Ai was finally satisfied: "Okay, we'll start working on it tomorrow, and try to have one ready before the winter break, so that we can put more burdens on the training coaches!"