The onshore RMB against the US dollar's exchange rate has been pulled back to 7.17. It can be said that is now keeping the exchange rate, not the house price.
House prices may fall sharply.
USD M2 has been falling sharply due to Fed rate hike balance sheet reduction.
https://fred.stlouisfed.org/series/M2SL
This is the data from the official website of the Federal Reserve, copy and paste it in the browser.
The US dollar M2 released in September on October 25 was 21.5034 trillion US dollars.
was US$21.63 trillion.
html in July was US$21.636 trillion.
was the peak in March: US$21.7397 trillion.
USD M2 is not consolidation, but: a negative decline and a decline!
USD M2 is not consolidation, but: a negative decline and a decline!
USD M2 is not consolidation, but: a negative decline and a decline!
If the RMB wants to keep the exchange rate when the Fed violently raises interest rates, it is very likely that , 262.66 trillion M2 will also decline with the US dollar M2.
If RMB M2 also has negative growth, falling back to 260 trillion and falling back to 258 trillion, then: housing prices will definitely retreat.
House price and exchange rate, only one can be guaranteed. Yesterday, the offshore exchange rate was hit 7.37, and today the onshore exchange rate pulled back to 7.17. It can be seen that is temporarily the trend of maintaining the exchange rate .
cannot be both needed, especially the US dollar M2 is growing negatively, falling negatively, and contracting.
is now 262.66 trillion yuan, and at the exchange rate of 7.17, it is US$36.6 trillion, 1.7 times the current US$21.5 trillion.
Against the backdrop of violent interest rate hikes in the US dollar, this 1.7 times are a bit overwhelming.
So, let’s take a look at the October RMB M2 released in November. The November RMB M2 released in December, and the December RMB M2 released in January next year.
First-tier housing prices may also fall sharply. Because: Alibaba 's market value is only US$167.4 billion. Tencent has a market value of only HK$2 trillion, while Baidu has a market value of only US$29 billion.
Employees of Internet companies can no longer afford first-tier houses.
stock is no longer as valuable as it was a few years ago.
And, there are news about layoffs.
is wrong, it is graduation, it is optimization.
was graduated and optimized, and the stocks in hand shrank significantly. Those who have not bought a house will definitely not be able to afford it. Those who have bought a house in , I wonder if they can still afford the monthly payment?
This is the foreclosure house in Beijing, .
This is finished, with an appraisal price of 14.9 million yuan, and was auctioned at 15.53 million yuan. The assessed price of 920,000 yuan was auctioned at 520,000 yuan.
It can be said that if a luxury house with a price of tens of millions is snatched, a house with a price of tens of millions is sold at a low price.
This means a sharp decline in housing prices.
Luxury house is like a work of art. Just like the paintings of Leonardo are sold for hundreds of millions of dollars. For beggars on the streets of New York, a broken painting is not as good as a hamburger.
The products of rich people depend on the pockets of rich people. The housing prices in
Hegang means that the bubbles in the houses of poor people will burst. The above forensic auction house in Beijing is as follows. Click to see: Second shot failed to shoot .
That is to say, houses for poor people are really worthless, even in Beijing .
This is the location.
This should be the street at the entrance of the community.
The decline in housing prices should start with the poor’s houses.
The decline in housing prices should start with the poor’s houses.
The decline in housing prices should start with the poor’s houses.
