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Chapter 1260 fell down

Friday, September 24th.

No matter how turbulent the matter was before or how intense the confrontation was, there is no need to worry about these things.

When the Iron Lady walked down the Great Hall, she fell because she was absent-minded and was photographed by the Qilin TV cameramen who were following along the way.

This scene then spread throughout Asia and around the world.

Without much explanation, the stock market in Xiangjiang plummeted by 120 points that day!

You should know that the current Hang Seng Index is not more than 20,000 points in the future, but only about 1,000 points, and it fell by more than 12% in one day. It can be seen how great the psychological impact of such a thing on the people of Xiangjiang.

Before, although housing prices in Xiangjiang soared and their living pressure was extremely high; although banks were involved in bank runs one after another; although various situations were unstable, people still had a simple wish in their hearts.

That means the external environment must be stable!

They deeply hope that this time, the Iron Lady and Huajing will reach an official agreement, or a compromise, that will allow Xiangjiang to continue to maintain this way without changing all of their systems and lives, and to synchronize with the mainland.

But with the Iron Lady's fall, all hope disappeared.

Seeing the unlimited Iron Lady who arrived in Huajing a few days ago, she was so distraught. As long as she was not an idiot, the negotiations broke down.

What are the consequences of the breakdown of the negotiations?

No one wants to think about it.

I don't dare to think about it either.

However, this panic was directly revealed in the market.

Not just the stock market, early the next morning, as the Iron Lady left Huajing in a down-and-out manner, the Banking Association of Xiangjiang announced that it would stop long-term lending to any company starting today, and would change it to short-term lending.

This is definitely a bolt from the blue for companies in Xiangjiang, especially real estate companies that are in urgent need of funds.

If there is no support from bank funds, how can they support a project for up to two or three years? How can they support a company and a dozen projects at the same time?

Just rely on your own funds?

That's a joke!

Even a super rich man like Yin Jun, who has 5.5 billion Hong Kong dollars in the property, can only support him for one or two years at most! And there can’t be any accidents during this period, otherwise you will have to continue to add funds.

Who dares to say that the crisis in Xiangjiang this time is only one or two years? What if it is 135 years?

This is a very fatal thing!

At this time, the largest real estate developer in Xiangjiang also bought two full pages of the Qilin Daily and announced that all 15 properties in its company were carrying out large promotions, with housing prices reduced by as much as 12%-25%!

During the price reduction promotion in more than a month ago, many real estate developers in Xiangjiang participated, but Land Company has always been high and is unwilling to be like those Chinese-funded real estate companies.

At that time, many people were saying that Land and China had strong connections. They must have internal news about the Iron Lady's visit and knew that the negotiations would go in a smooth direction, so they were not panicked and would slowly ship the goods when the situation stabilized.

Unexpectedly, the land was also bet on the wrong treasure. I waited and waited, but the bad news came.

With the group strategy of Land's fierce rush and fierce attack in the past two years, they have squeezed a large number of houses in their hands, and they are all high-end housing.

Now that I’m fine, the most discount in one go is actually 25% off!

This is not only an unprecedented success in the history of Land Land, but also a rare occurrence in the real estate market in Xiangjiang, at least not in the past two years.

As we all know, the collapse of real estate price cuts is definitely not from the cheapest, but from the highest-end market, which affects mid-range real estate and finally spreads to all real estate.

Land’s current price reduction has undoubtedly become the fuse of avalanche in the real estate market.

While all the real estate developers in Xiangjiang were watching them do this in horror, they discovered something even more shocking.

That was such a high drop, but the land house was not sold in two days!?

What the hell is this!?

Isn’t it because the price has been reduced so much, so should you buy it?

Haven’t you been suppressing for a long time? Have you been buying a house crazy some time ago? Why are you still not moving now?

You guys move?

Well……

The above sentence is a bit ambiguous, but it reflects the extremely anxious mood of real estate developers.

Real estate developers no longer care about the shameless mass price reduction of Land. They are now ten times more anxious than before.

It would be fine if the land house was sold.

If you can't sell it...

How many houses do you think in Xiangjiang can be sold?

As a result, everyone's panic came true.

Two days later, the land house has not been sold, and no one has taken action.

Such a strange atmosphere not only made real estate developers tremble, but even the citizens of Xiangjiang felt terrifying.

But no one dared to attack.

Because no matter how idiotic people are, they can think that if there is really a war, then if you buy a house today and the house will still be yours tomorrow, they will not know.

Although the north has been saying these days, please don’t worry about the Xiangjiang compatriots. We are a family, but this panic, decades of separation, can it be eliminated in just a few words and a few days?

Therefore, it is best not to buy a house, but it is better to put the money on it and be more stable.

Once there is any trouble, you can immediately take the money and go to Aomen first, and then go to other Southeast Asian countries and regions.

This is what almost half of the people in Xiangjiang are thinking, including many employees of the Kirin Group in Tin Shuiwei.

Such an idea looks ridiculous, sad and stupid after 40 years, but in today's Xiangjiang, it is extremely real and full of helpless reality.

In fact, the person with the most purchasing ability in Xiangjiang happens to be the employees of Kirin Group.

When house prices were lowered some time ago, when they were about to move, Yin Jun told them specifically that the plummeting houses had just begun, so don’t worry.

Most of the employees of Qilin Group are hard-core fans of Yin Jun, so most of them are obedient, with less than a few hundred people buying a house for various reasons.

As a result, when they remembered Yin Jun's words until now, they suddenly realized.

It turns out that Jun Shao is the one who sees the most sincerely!

So no matter how much the people from Qilin Group wanted to buy a house, they forced themselves to hold it back and did not dare to move.

Even if they have money, they can't bear the consequences of buying a house, and they will immediately plummet by more than 100,000 or 200,000 or 300,000!

The stable mentality of the employees of Kirin Group also influenced other Xiangjiang people, so everyone waited and waited together.

People who buy houses can be stable.

They have been waiting for so long, and they are not afraid of waiting any longer.

Compared to being afraid of waiting, what they are more afraid of is that their wealth shrinks sharply.

Anyway, there is no place to live now, and it is not homeless, so why not wait and see it again.

At this time, all newspapers, magazines, and even Yin Jun’s own news media wanted to interview this super rich man who had been fiercely criticizing the excessive housing prices in Xiangjiang and concluded that the housing prices in Xiangjiang would definitely fall.

What they want to hear from Yin Jun.

Most of the unscrupulous reporters actually want to hear Yin Jun bombard the real estate industry again, hoping to hear Yin Jun say that the real estate in Xiangjiang will plummet, so that it will be more newsworthy.

But Yin Jun said nothing this time. Even though he was blocked outside, he walked away with a word "no advice".

Yin Jun's abnormal attitude has aroused countless speculations.

Some people say it was Yin Jun's group of elders and friends, including Mr. Huo, Zheng Yutong, Li Chaoren, etc., who asked him not to add fuel to the fire, so he resisted and said nothing.

Some people also said that Yin Jun was worried that real estate was already like this. If he told the truth, it would probably directly cause the collapse of Hong Kong's economy, so he dare not say it.

Almost few people think that Yin Jun thinks that real estate will improve.

Yin Jun is a recognized genius from Xiangjiang people. He has been advised before that everyone should not rush to buy a house, but not many people listened to him.

Now that the disaster has come, everyone has read out all his previous words and published them in newspapers and magazines, which shocked the people of Xiangjiang.

So, there was no need for Yin Jun to say anything else, and everyone understood what Yin Jun meant.

They really guessed it right this time.

The most important reason why Yin Jun is unwilling to express his opinions is that he feels that Xiangjiang's real estate will be reshuffled anyway, and it is useless to say anything else, so there is no need to offend people.

The mentality of home buyers holding money in their hands is completely different from that of real estate developers.

Their financial pressure is extremely terrifying, otherwise they would not have given up so much profit to reduce prices some time ago.

Now the external environment is deteriorating in a frightening manner, and the banks in Xiangjiang collectively cancelled long-term loans, which has even worsened their injuries.

What should I do?

During this week, various real estate associations in Xiangjiang held meetings day and night, hoping to discuss a way out.

Because if we don’t find a solution, few real estate developers in Xiangjiang will survive.

Yin Jun also went to the meeting.

But when others asked him questions, the boy didn't speak.

Yin Jun seemed very modest.

"You are all elders and seniors. I am a person who is not even involved in real estate now. I really can't provide you with advice. I'll listen. I need your insights and make the foundation and planning for my future career."

The scene of the boy laughing and saying, I don’t know how many people want to beat him up, but they don’t dare to get angry.

Yin Jun is not an ordinary person, he is recognized as the third richest man in Xiangjiang!

What qualifications do these people have to teach Yin Jun a lesson?

...
Chapter completed!
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