The false prosperity of real estate enterprises is the real bubble!

by izzy on 2007-11-09 15:07:46

Why? Because the competitiveness of the enterprises is there. Supporting China's mobile phone industry are those powerful multinational corporations and local mobile phone companies that are gradually catching up. With such fierce competition, where does the bubble come from?

Some things really irritate me. Some real estate management summits exaggerate selling large housing projects. A friend of mine bought a house in Beijing, which was claimed to be a "high-tech" residence with constant temperature and humidity. However, before moving in, the floor was soaked into a small boat due to water leakage. The so-called fully renovated house had numerous problems everywhere, and the so-called high-tech couldn't even get broadband access. What kind of competitiveness does the company that developed such residences have?

When we see the most beautiful words not in literary works but in real estate advertisements in the media. When we find out that the richest people and the most diverse company presidents are in the real estate industry. From officials, scholars, to lawyers, advertisers, even journalists, writers, directors, all are included. When we discover that the best companies, when they have too much money, want to enter the real estate market the most. There were Legend (Lenovo), Midea, and Yageo before, and now Huawei is rumored to be getting involved.