Chapter 781: 588: Sold Too Early
Chapter 781: Chapter 588: Sold Too Early
This wave of the pandemic is perhaps most terrifying not simply because of the illness itself.
Its greatest terror may lie in being the final straw that breaks the housing market.
Don’t think Chen Pingsheng is exaggerating. He knows full well that with 20 billion at hand, all stores outside Wu City are still running normally.
There wouldn’t be much of a crisis, even if he fully guarantees employee benefits.
Big corporations have their advantages—they can withstand pressure like no other.
Not to mention, they might not even be able to spend half of that 20 billion, let alone all of it.
After all, other locations are still open and generating profit.
The real moment to call on that money isn’t now; it’s when most places across the country end up like Wu City.
That’s when this money will truly be needed to hold everything together.
In truth, what Chen Pingsheng really fears isn’t the pandemic itself, but the chain reaction of consequences it will bring.
Especially as the final straw that collapses the housing market.
While housing prices have long been hated by the average person, the ramifications of a collapse would dwarf the pandemic itself.
It’s unavoidable—at least 80% of the middle class in the country have placed their assets in real estate.
What do you think?
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