Rebirth: The Financial Giant

It is quite appropriate to hand over this second-hand housing trading platform to the Science and People's Livelihood Fund, because this organization itself is non-profit and seeks people's livelihood, and the founder is big and most importantly, very rich. .

To put it bluntly, not participating in the distribution of interests and not being directly linked to interests objectively guarantees a sufficient neutrality principle, making the institution more fair as a third-party platform and not favoring any one party.

It is worth mentioning that this second-hand house transaction supervision platform is indeed very unfriendly to house sellers. If the house buyer is not short of money, it will be fine, but if the house buyer has to increase the leverage ratio and debt, it will be another problem. It's the same thing.

Because debt and leverage must be unsustainable, if it is not controlled and once the critical value is exceeded, the result will be debt collapse, followed by thunder.

This second-hand housing trading platform will not only have a great impact on home owners and real estate speculators, but also have a great impact on the bank's loan business. Once launched, the bank's performance will definitely be affected, no doubt.

It is not ruled out that some banks will engage in frivolous operations, but this is not something Lu Ming needs to consider, nor is it a matter for the Science and People's Livelihood Fund.

As long as they engage in sexy operations, basically few can withstand the investigation once they are investigated.

Now that the Science and People's Livelihood Fund has taken over this task and built a platform to connect to the housing authority's database, the next step is to do its own price guidance work to ensure that there are no glitches in this link.

The rest are transactions between buyers and sellers, as well as banks and other financial institutions that involve funds in the intermediate links. The foundation will definitely not interfere and does not have the time to interfere. It will not even participate in the precipitation of the fund pool in the intermediate links.

For the foundation, the most important job is to ensure that the person in charge of the trading platform and his team are not corrupted by sugar-coated bullets, so that the guided price is not eroded.

After all, once this trading platform starts operating, there will definitely be the temptation for vested interests to transfer benefits to the platform management team in order to seek to manipulate the guided price.

For those who sell houses, it really doesn’t matter whether they come to this platform to publish real estate information, because there is really no need for it on the platform. There is a bottom-level database of all real estate holders, which is in the hands of those who own houses. The red house book contains more information than any current intermediary company, because it is connected to the housing management bureau’s database.

Even those who want to buy a house can come to this platform to verify information, eliminating the need to go to the housing management bureau for verification.

This platform is not for sellers, but for banks and buyers, and it really doesn’t have much to do with sellers.

For example, if a bank wants to provide a mortgage to a buyer, it must refer to the official guide price of the platform. The portion exceeding the guide price cannot be used for mortgage.

What the buyer has to do is to come to this platform to refer to the reasonable price of the house he values ​​​​to avoid being cheated by poor information. After comparison, the buyer finds that the offer given to him by the landlord or other intermediary companies is much higher than the price. The official guide price of this platform not only tells the buyer that he has been cheated, but also tells the buyer that the part of the house he wants to buy that is higher than the guide price cannot be mortgaged.

The buyer can either negotiate with the seller and lower the unreasonable price. If the seller is willing to lower the price and is willing to close the deal at the guide price, then no problem. This is the price that the buyer and seller are happy with.

If the seller is unwilling to sell at the guide price, but the buyer has money and is willing to trade at a higher premium, that’s no problem. This is also the price that the buyer and seller are happy with.

And if the seller is unwilling to sell at the guide price, and the buyer is unwilling to take over the purchase at a high price, or wants to take over the purchase but the bank does not provide a mortgage loan, he cannot afford it. The final result will be that the sale is ruined, but it also curbs financial leverage and debt risks. further amplification.

Ningzhou City is now experiencing a booming development, and more and more young people are pouring into this city. It is no exaggeration to say that even though Ningzhou’s current housing prices are very good compared to other cities, more than 95% It is still impossible for many people to buy a house with full payment.

The launch of this second-hand housing transaction supervision platform is of great significance. It will definitely have a huge cooling effect on the future of Ningzhou’s property market and can greatly curb the speculation of houses.

After the pilot trial in Ningzhou City has accumulated experience, it can be promoted nationwide.

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At the same time, Huijing Group headquarters.

At this moment, Wei Jianping, the CEO of the group, was convening a meeting with the company's senior executives. Only one core executive spoke in the conference room: According to the reliable information we have received, the Ningzhou Municipal Government is launching a second-hand housing transaction supervision platform. The operator of this platform was handed over to the Science and Livelihood Fund.”

Obviously, Huijing Group is also quite well-informed.

Wei Jianping said concisely and comprehensively: What impact will this trading platform have on the property market?

The executive said solemnly: How big the impact will be depends on the intensity and determination of the relevant departments. But leaving this to Lu Ming's foundation shows that the city is determined to implement it. We are very determined not to speculate on rents and suppress Ningzhou’s desire to see the property market rise. The city’s finances are backed by Tiansheng Capital’s huge tax revenue, and we are very confident, so this matter cannot be underestimated.”

Who in the industry doesn't know Lu Ming's attitude towards the property market? All the vested interests in this industry dislike him. In fact, many people hope that Lu Ming will participate in the property market. They can take a piece of his pie or even take a big share of it, but they are afraid that he will not come forward to lend a hand.

People who don't know this may be happy if they think he is really going to get a share of the real estate industry, but if they know the mechanism of this trading platform, they will want him to die immediately.

At this time, another executive attending the meeting handed a piece of material to Wei Jianping and said: This trading platform will launch an official guide price, and the database is the most abundant and lowest-level data resource provided by the Housing Authority. It can be said that with the emergence of this platform, all real estate agencies and real estate developers used to be isolated islands of information, but now they are all connected, and no fish can slip through the net.

In the past, there was opacity between buyers and sellers of houses due to mismatched information. What intermediaries earned was the premium due to the information gap. Now it is almost transparent. Anyone can check the official guide price. The guide price must be free of bubbles and false highs. It means that the official guide price must be lower than the market price, and buyers must use the guide price as a reference anchor, but this is not the point. The point is that banks will not provide mortgages for parts exceeding the guide price, which is a big killer.

The previous executive also said: Once this second-hand housing trading platform is launched, not only the property market in Ningzhou will be shaken, but also the property market across the country will be shaken.

Everyone present at the meeting silently nodded in agreement. These people who play house games in China are all very smart. Once Ningzhou City does this, they will immediately deduce and speculate on the intentions of the higher-ups, and they will guess that Ningzhou City is hanging up here. Will this wind turn into a hurricane and sweep across the country?

Now it’s Ningzhou. Will it be promoted nationwide in a few years? If the wind direction changes, who dares to continue climbing? Who will take over if the top is taken? Then it's not a matter of pushing up. The second half is a matter of playing a fast running game.

Wei Jianping immediately cursed: This guy surnamed Lu is really nothing. Why don't you just speculate in his stocks? If you have to muddy the waters of the real estate market, he is a good guy. Tiansheng Capital can easily support it. Can Ningzhou City's finances still be able to support the finances of major cities across the country? In the end, the GDP cannot be driven by housing? A series of industries such as steel, cement, chemicals, machinery, home decoration, home appliances, etc. that surround the upstream and downstream industries of the house will not be able to survive? What will these industries eat if the houses are demolished? How will GDP be boosted?

In fact, Wei Jianping is also telling lies with his eyes open, and he knows in his heart that this is a butt problem. The industries he is talking about are all industrial chains in the broad sense of real estate, and the profits he can share are really very small, and there is nothing else. Let’s just say that few migrant workers who build houses can afford to buy a house. It is true that the banks are full, and it is also true that real estate developers are taking advantage of the situation.

At this time, the boss was furious and everyone had no choice but to remain silent.

In fact, Wei Jianping has been unhappy with Lu Ming for a long time. Huijing Group's living space in Ningzhou City has been continuously squeezed, and a series of blows from Tiansheng Capital and An's Group are inevitable. Just say that the Ningzhou New Financial Center project was ruined. It was a serious blow to Huijing.

It's not surprising that he has so much resentment towards Lu Ming.

His anger was almost gone, and Wei Jianping calmed down and said: The water in the house is very deep, and he, Lu Ming, may not be able to grasp it if he gets involved. The so-called guide price, the key point is the bank, the house is sold to real estate. If a business collapses, a large number of banks will also be dragged down, triggering systemic financial risks, which is not allowed to happen by the higher authorities.

Everyone nodded silently.

Wei Jianping continued: Didn't Lu Ming want to be a contemporary Fan Li? Let him do it. This platform has been launched. Those who don't have a house will definitely be happy, but those who have a house must not be angry?

An executive at the meeting couldn't help but look at Wei Jianping: President, what do you mean?

Wei Jianping smiled thoughtfully: Distribution according to the situation, the law does not blame everyone, take a multi-pronged approach, then I will see how Lu Ming ends up!

The executives present understood immediately upon hearing this, one word: noisy!

The CEO's intention is very direct. When the time comes, he will secretly create a rhythm and have a group of people with houses surround the headquarters of the Science and Livelihood Fund every day, and they will cause trouble for you there!

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