When the crisis comes, the real victims are the middle class
First: Buying a house is the fastest way to go bankrupt
Middle class people in second-, third- and fourth-tier cities used 1 million to buy a house worth 3 million. Now the house is only worth 1.5 million. They stopped paying the mortgage and are heavily in debt. They dare not consume. Middle class people in first-tier cities, with a house worth 10 million, now have the following result: a house worth 7.8 million + a deposit of 500,000 + a loan of 6.84 million = 1.46 million. More than 2 million has been lost in two years. A deposit of 500,000 can barely sustain a year, but the mortgage is still 28 years away! !
Second: The middle class is actually the proletariat
In fact, the real rich class has real estate in the core area (within the second ring road), family trusts, equity in leading companies, gold, and foreign exchange reserves. The economic crisis has little impact on them.
Middle class, facing more and more rolls, how should we deal with it?
1: Keep improving
2: Reduce leverage
3: Shrink investment
4: Focus on combination
Life is not easy, so keep goodwill. I wish you all a carefree life and a safe and happy second half of your life!
