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Chapter 2775 Panic market reaction

The press conference did not last long. Ma Ping and Huo Zhuzhu only said a few words. The rest was the deputy secretary-general answering questions in an official tone. The last ten minutes were spent by Ma Ping and Huo Zhuzhu signing the contract.

.

The reason is actually that Fairy Real Estate and Dongfang City Government have not negotiated the details. Ma Ping invited Huo Zhuzhu over today just to show his attitude of cooperation, and even the signing was just a rough agreement.

But the reporters didn't care. They thought that both sides needed to be kept secret and were preparing to deal a fatal blow to the real estate developers, so they all became excited.

Half an hour later, the press conference ended. All the reporters rushed out in a rush, making phone calls, facing the camera, taking cars to the newspaper office, and rushing to the TV station.

Although the reporters did not obtain much information, it was enough for them to write a book about.

"Fairy Real Estate is strongly entering the Eastern real estate market, and real estate in East China will usher in an earthquake!"

"Why does Dongfang City have such great courage? On the country's determination to suppress overheating of real estate!"

"Why should we applaud Fairy Real Estate and Dongfang City Government?"

"After three years of waiting, the people have finally seen a turn for the better, and housing prices will no longer be a big problem!"

"The Dongfang City Government strikes hard, can Fairy Real Estate turn things around?"

"Are our expectations too high? Can Fairy Real Estate conquer so many real estate developers?"



A series of reports and supplements were already on sale in the afternoon.

On this day, the newspaper sales in Dongfang City were particularly good, and the news ratings were particularly high. In the office, at the wine table, in the park, at home... most people discussed this matter.

The most surprising thing is that Fairy Real Estate has not announced when it will start construction. That afternoon, the price of a real estate on the edge of the inner ring dropped directly from 27,000 to 24,000, a drop of more than 10%.

Moreover, they sent people everywhere to make phone calls and stood on the streets to post advertisements, desperately trying to attract people.

If it were in the past, many people would take a look even if they didn't buy it when they saw such a huge price reduction.

But today is different. Even people who know about this real estate are in no rush to make a decision.

The reason is simple, because Fairy Real Estate is here!

Although Fairy Real Estate is currently located in a very remote location, in Huating Town, a northern suburb of Dongfang City, only cars pass there, buses are not connected to Dongfang City, and there is no subway.

As for educational and medical resources, they are even more lacking.

But what does it matter?

Shangri-La Community is quite far from the center of the capital. Isn’t it more remote over there?

But look now, how prosperous and nice it is over there?

Fairy Real Estate can do this in the capital city. They can do the same in the East!

If the subway reaches Huating Town, where buses run 24 hours a day, and education, medical and other facilities are available, then why can't we consider a house there?

Is a house of 20,000 to 30,000 square meters really that good?

Not at all!

Many people have gone to look at the houses of Fairy Real Estate in Shangri-La Community. Although the price is cheap, in terms of quality, space, layout, community environment, etc., they are all first-class in the country and are better built than many well-known communities!

So, just wait and see!

Therefore, on this night, this real estate company was excited to receive round-the-clock inquiries and house purchasers, but in the end, it only received a few hundred people, and all of them were looking at it, and no one placed an order!

The real estate industry is very well-informed.

Everyone was laughing at how nervous this property was, but they quickly stopped laughing.

Because starting from the second day, their door-to-door customers began to decrease significantly, and by the third day, it dropped directly to 30% of the usual number!

If we include placing orders, it is directly reduced by 90%!

Good guy!

This is a sign that the house has not been sold at all!

In panic, some small developers couldn't sit still. After calculating the prices, they immediately started to reduce prices decisively.

Some are 10%, some are 15%, and even the location is not very good, the price is directly reduced by 20%, setting a record for Dongfang City’s housing price reduction in recent years!

There is no way. In the past, no matter how remote the road section was, as long as it was Dongfang City's territory, as long as you were good at selling it, there would always be many people willing to be fooled. As for the price, I'm sorry, the location is not good, but our house is nice and our scenery is great.

OK, so the price can only be very high.

In recent years, the housing prices in Dongfang City have continued to rise. This has basically given the developers a lot of confidence. Each phase is getting higher than the last. If you don't want to, just forget about it. Some people won't buy it anyway.

Moreover, looking at such high housing prices and rising expectations, not many people can afford it.

But now that Fairy Real Estate has been launched, there is no news of even starting construction. Almost all the residents of Dongfang City have begun to wait and see.

Once the prices of Fairy Real Estate’s houses are in line with everyone’s psychological phenomenon, then who will buy these high-priced houses? It’s not like I have so much money that I have nowhere to spend it!

A week ago, real estate developers said that "the emperor's daughter has no worries about getting married." Housing prices continued to show signs of rising, and houses were in short supply and had to be snapped up as soon as they came out.

But just a week later, things changed drastically.

The house can no longer be sold, and real estate developers continue to lower prices, but in turn the house cannot be sold!

Look at the results of these three to five days!

Just a signing press conference caused the average price of new homes in Dongfang City to drop by 10%, equivalent to the level in October last year!

If Fairy Real Estate announces its sales price, I'm afraid the property prices in Dongfang City will collapse, right?

For a time, people in the real estate market were panicked.

Now it's not just real estate developers who are uneasy, even many people who have bought houses are worried.

Fairy Real Estate sells cheap and high-quality houses, which is of course a good thing for ordinary people.

However, the problem is that people who have already spent such a high price to buy a house will suffer a huge loss if the price of their house suddenly drops by 20%-30%?

This is equivalent to losing 300,000, 500,000 or more while still repaying the loan!

How can this be done?

People with these worries began to express their opinions on the Internet.

It's not that they don't want Fairy Real Estate to come over, but they hope to have a reasonable price that can suppress the rising real estate market, but they must not let all real estate in Dongfang City collapse!

If there are those who are against it, there will naturally be those who are in favor.

Those people who had not bought a house naturally started to fight with them.

"I beg Xiao Qi not to be cruel! If the price is 7,000 in the capital, we will be in dire straits!"

"Tsk, tsk, how could it be 7,000? The houses in the first phase of Shangri-La Community only cost over 5,000! I think this price is right!"

"Yes! At this price, I can buy a 100-square-meter house, haha! It's great that I can buy such a good house for 600,000 yuan in Great Eastern!"

"You guys really stand up and talk without hurting your back. My wife and I just paid a monthly payment for a house last year. The price was more than 27,000, and the loan repayment in a year would cost 7,000 to 8,000! If the house prices in Dongfang City plummet, we will work hard to pay off the loan.

, but even lost millions!”

"What a rich man! But don't worry, good houses can still be sold, at least for 18,000. After all, the place is different!"

"Bah! I am also one of the people who are repaying the loan. I don't want the housing prices in Dongfang City to collapse! If Fairy Real Estate can set the price at a price similar to that of the real estate in Huating Town, around 12,000, then that will be almost enough!"

"Are you dreaming? Can Fairy Real Estate build such an expensive house? Even the Shangri-La community is 20% cheaper than the neighboring Tongzhou District! And the housing price bubble in our Dongfang City is much higher than that in the capital, so I guess it will be better than Huating.

The average price in town is more than 30% cheaper, about 8,000!”

"Haha, I thought so too, but 8,000 is fine. According to the standards of Shangri-La community, 100 square meters can have three bedrooms and two living rooms, which is enough! It depends on the surrounding transportation, medical and education facilities!"

"Is 8,000 too low? My home is in Jiading, only 15 kilometers away from Huating Town, and the house price is only 15,000! I don't know if there is an avalanche in the center of Dongfang City, but the house price here in Jiading is definitely going to avalanche!"

"..."

Journalists are the least afraid of making trouble.

Seeing that the two sides' opinions were so different, they were overjoyed. This was the rhythm of the fight!

So the TV station immediately invited people from both sides to debate, and the newspapers were also engaged in a distant war. Suddenly, smoke was everywhere, and the commotion became even more unpleasant.

Officials from the Dongfang City Party Committee and government were, without exception, dumbfounded when they saw such a scene.

Even the two important officials, the Secretary of the Municipal Party Committee and the Mayor, could not imagine that the power of Fairy Real Estate could reach this level just by announcing the contract.

They discussed it with Ma Ping, and Ma Ping also reported the idea of ​​Fairy Real Estate. At that time, the price was far lower than the expectations of real estate developers and people who had bought houses. It was only 5,000!!

Originally, they thought it was okay to be more ruthless, just to suppress those real estate developers who didn't know the sky was the limit.

But now everyone feels that once the price of 5,000 comes out, the real estate market in Dongfang City will completely collapse!

Complete collapse is not their hope at all. They just want to tighten the reins of the real estate horse and let it grow slowly and orderly.

It seems that in order to get the best of both worlds, like Capital City, we have to tie the reins of Fairy Real Estate! (To be continued.)
Chapter completed!
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