YM778.TV Chapter 1360 - Hard Life
Chapter 1360: Hard Life
Little Lin was shocked. “Brother Mao, what do you mean? The country is about to do something?”
Brother Mao shook his head and said, “Don’t make a fuss. Isn’t this normal? What’s a house for? It’s an essential. It’s a necessity for human survival. It’s related to the people’s lives, and now there’s a lot of resentment.
“The nation didn’t dare to use a cookie-cutter solution because it will affect the whole country. In such a huge country, governmental policies can not be changed randomly. They have to consider a lot more factors than us.
“That’s why we have the time and space to survive. When the country slowly makes adjustments, they will attack us. Property speculation can only be done in stages. It’s impossible to speculate on property for the rest of our lives.
“We are in a race against the country… Every bit we earn counts. Once we have money in the future, we can retire.
“But then again, even if the country doesn’t care, how many years do you think real estate can last?
“Now that the aging population is a problem, once the old people pass away, there will be property everywhere. Apart from those big cities that have all sorts of benefits and opportunities that people want to get in, the ordinary cities will be filled with empty houses. When that happens, property would be as cheap as cabbage.”
Little Lin responded in apparent understanding…
At the same time, Jing Yan, who was watching the drama from the other side, cursed angrily, “These darn bloodsuckers! The lives of the Chinese citizens are already tough enough. Compared to the developed countries, the gap is huge. Many people are still trying their best to climb above the poverty line and the life-and-death line. It’s not easy to save up some money. With these bastards doing this, those people, who saved up and bought a property to improve their lives, will be back on the brink of poverty. They are trying to squeeze the people at the bottom of the social class!”
Red Boy said, “Patron Jing Yan, is it really as serious as you say?”
Fangzheng said, “Humans can’t live without food, clothes, and lodging. If any one of them isn’t satisfied, it will cause society unrest. These people look like they are earning money, but in fact, they are destroying societal balance. They are wantonly accumulating wealth. They don’t collect money from rich people or investors. Instead, they are earning from the people who aren’t rich!”
Red Boy said, “But the poor can choose not to buy them…”
Fangzheng shook his head and said, “It’s because they know that the poor have a mindset that they have no choice but to buy that they are so fearless. Let’s put it this way. The rice all has property. It doesn’t matter if it’s expensive. However, if property prices are a little too expensive, it’s fatal for many ordinary people!
“For example, some people’s parents might save a total of 500,000 yuan their entire lives. If their children get married and the property price is in a reasonable range, such as the two thousand yuan per square meter now, they would be able to spend two hundred thousand yuan to buy a house with a 100 m2, and then spend a hundred thousand yuan to renovate it. That way, their children would have a property and they have money left over for their retirement…
“When the children earn money, or if they earn a little more, they can improve their lives.
“Or rather, they can finally live…”
Red Boy was puzzled when he heard that. He scratched his head and said, “What do you mean that they can finally live? Weren’t they living previously?”
Fangzheng shook his head and said, “It depends on definition. Living is simple, but living adequately isn’t. Almost every Chinese learns to save money from birth. This is something the Europeans and Americans cannot understand. They feel that the Chinese are too frugal.
“However, they don’t know that China may seem wealthy on the average, but when you look at each individual, they do not have much money. It’s just enough to stay warm and have food on the table.
“From the moment the Chinese are born, they are working hard for survival and not working hard for themselves.
“Therefore, the Chinese do not have that much time on all kinds of interests and hobbies. Most of their time is spent planning for the future.
“They know very well that the future requires a lot of money to support them.
“First of all, schooling. The country helps subsidize schooling fees, but the fees for supplementary classes are too much for parents.
“Although the country doesn’t support supplementary lessons, what can the students do? If they were to enter a university, the competition they face is intense. If you don’t think of a way to learn more and prepare more, who can guarantee that you can get into university?
“For many poor families, university is a rather clear choice for social mobility.
“Compared to working manual labor, it’s more obvious. Furthermore, one knows how to work hard to achieve their goals.
“After graduation, marriage is another sum of money.
“China and the west have one thing that’s different. They believe that all is equal in love, and everything is split equally between both parties. There’s no problems about who needs to pay more.
“But in China, marriage is a disaster to many men! It’s like a massacre!
“This is because for a wedding, there’s the bridal price, betrothal gifts, banquet, house, car and other items that need purchasing.
“Under such customs, even if the girl’s family is very kind and does not have such requirements, the male’s side would do his best to get everything for the reputation of the two families.
“It’s not that the men want face. Sometimes, this is the love of Chinese parents. No matter how hard and tired they are, even if they have to take out all their savings, making their meals a problem tomorrow, they will try to give the best to their child.
“In fact, this is usually the biggest sum of money and necessary expenditure!
“Just like I said, if the house prices are low, after the wedding, both children and parents would be able to live a peaceful life. But what if the property prices rise from 2000 psm to 10,000 psm?
“The old couple, who put in a lot of effort to save up 500,000 yuan, can only pay a down payment. They would even find paying for the renovation difficult!
“Furthermore, once the money is spent, they would be penniless!
“What is even more frightening is that if an illness were to happen, what awaits them isn’t the wedding but a funeral!
“They might not even be able to afford a funeral…
“What if the property prices increase further?
“Not only were they penniless, but they will also be in debt…
“A family that could have come out of poverty and lead a happy life ends up destroyed by high property prices.
“Originally, they could live in peace and have a happy family, but now, they have to face debts and subsequent financial problems. How can they live? They can only work hard to survive…
“The old worked hard their entire lives, but the outcome is one of not being able to enjoy life.
“It has to be said that it’s a tragedy.”
Upon hearing that, Red Boy said angrily, “I understand. These bastards are equivalent to harvesting the hope of the poor!”
Jing Yan nodded and said, “That’s right. I know a guy. He was about to get married, and his family had prepared money to buy a piece of property. However, the property prices were suddenly raised, causing the family to be unable to bear the burden of buying the property. They were unable to buy it…
“In the end, the marriage didn’t happen. The guy committed suicide under depression.”
Red Boy grinned. “What’s wrong with the woman? Can’t they get married without a place to stay?”
Fangzheng raised his hand and gave Red Boy a slap. “Everyone has the right to pursue their own happiness. They also have their standards for their pursuit in happiness. Whatever they want is their choice. It’s not a business that is forced sale or a scam. Don’t blame it on others.”