The rise in housing prices is not something that developers can arbitrarily impose; the reason lies in insufficient supply, as price is determined by supply and demand. Some may ask: we don't lack steel and cement, nor do we lack labor force, so why is there still an insufficient supply of houses? Because we lack land, a contradiction that cannot be resolved in a long period of time.
Maoyushi frankly stated that despite high entrepreneurial enthusiasm among young people, their success rate is very low. One important reason for young entrepreneurs' failure is that they have not properly grasped their own identity. Young people are more accustomed to playing the role of "buyers," familiar with the mindset of "buyers," but they do not know how to perform the role of "sellers." "In this aspect, young people lack experience, and this experience does not necessarily come from books; it comes more from social practice."
How should young people start businesses? Earning money is entrepreneurship.
An online user asked: "When is the best time to buy a house?" "First, when you have enough money to buy a house; second, when you find that the price of buying a house is cheaper than renting each month, then you can buy a house," said Maoyushi.
"In 2009, there was a popular TV series called 'Snail House,' which talked about housing issues. Now that housing prices are so high, should I buy or not?" The reporter asked Maoyushi on behalf of Mr. Xu. Maoyushi replied: "I've heard of the story of 'Snail House.' I would like to ask how old the person asking this question is? I bought my house at the age of 75, and there's absolutely no need to buy a house in your twenties. I'm not saying everyone has to wait until they're over 70 to buy a house; I think the most suitable age for a person to buy a house is 40, except for those whose parents are wealthy."
Earning money is creating wealth, and the first thing young people need to learn is how to earn money. In Maoyushi's view, a person who can earn money is creating wealth for society. Maoyushi said, "In the past, people thought that making money, hiring others, was exploitation, but this view has been denied by economists worldwide. Yao Ming earns tens of millions playing basketball; can you say he is exploiting others?"
Although Maoyushi encourages young people to start businesses, he still reminds young entrepreneurs to learn to adjust their goals according to actual situations appropriately, "Hanging onto one tree isn't wise." "Follow market rules and earn money with confidence." This is Maoyushi's basic idea for encouraging young people to start businesses.
Maoyushi compares buying a house to finding a partner. He believes: "If you love someone, but that person doesn't love you, and you torture yourself because you can't pursue them successfully, this is just like your infatuation with a house, a kind of pain that cannot be satisfied. You can set broader goals, change some perspectives, and you will discover that there are many things in life worth pursuing. A house is just one of the lovers you pursue, just one tree in the forest."
Should you buy or rent a house this year? Be prepared for long-term renting.
When can you afford to buy a house? Buying a house at 40 is relatively normal.
Last night, economist Maoyushi came to Ningbo to attend the "Windsor Influence Forum" hosted by Windsor XR Scottish Whisky and Chamber Network, and accepted an exclusive video interview jointly produced by our newspaper and China Ningbo Network. Mr. Maoyushi answered questions regarding buying houses, stock trading, investment, entrepreneurship, and other issues that readers and netizens are concerned about.
Maoyushi speculated that in the next 3 to 10 years, it will be an era of low rents and high housing prices, and most people should be prepared for long-term renting. "As far as I know, there are many vacant houses now, and leaving them empty represents a loss. Owners will rent them out, and there are many rental properties available now, which explains why housing prices have risen sharply while rents have not increased. Buying a house is a behavior that satisfies one's desire for possession; don't make yourself suffer to satisfy your desires. There's nothing wrong with renting; people need to have pursuits, but these pursuits must be practical. Don't keep walking towards the fixed goal of buying a house; sometimes you can flexibly change your target."
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