There is no possibility of a rebound in Chinese property prices! Xi Jinping is making it difficult for everyone to liquidate their real estate assets "The Real China"

The video mainly analyzes the current situation of the continuous, sluggish decline in China's real estate market, pointing out that there is no possibility of a rebound in property prices. It argues that this is a deliberate tactic by Xi Jinping, through dictatorial policies, to make it difficult for ordinary people to liquidate their real estate assets and to firmly lock down the public's assets. The host advises citizens to plan their future lives well and to no longer hold real estate, while also looking back at predictions made in 2019 regarding China's political and economic situation.

Video link:

Full text:

Hello everyone, let's talk about the current real estate situation in China. Many people watch my show, and many people within the country who want to leave China, or whose current economic situation is not very good, are all concerned about property prices. You see, from last year, the year before, and up until now, I have consistently talked down the real estate market. The actual situation of China's real estate is indeed the same; look, property prices have no rebound whatsoever, continuously undergoing a slow, grinding decline. Everyone, look at how things are now: important economic news and government news in China hardly ever talk about real estate anymore. In the real estate sector, at most, it's just some local area loosening restrictions slightly—for example, Shanghai, let me use Shanghai as an example, allowing outsiders to buy two apartments or something similar. At that time, what was it really? The Chinese Communist Party was trying to create a tense atmosphere around real estate, making ordinary people constantly drive property prices higher every single day.

A few months ago, when I was in China, seeing those prices was truly outrageous; you couldn't have imagined it. This was just like playing the stock market. The Chinese government, the Communist Party, turned real estate into a stock market, turning it into a stock market where prices were pushed higher and higher every single day, pushed higher continuously for months. In Shanghai at that time, the peak around 2010-2019, when things were rising, within two weeks, within one week, a single apartment's price would jump by 500,000 or 1,000,000 RMB. Can you imagine that? Ordinary people panicked, everyone panicked, because the money sitting in the bank wasn't real money anymore, and the system was forcing you to buy a house. Let me give an example: back then, ordinary people didn't actually have that much cash on hand. Let's say I had 2,000,000 RMB, and my standard of living was quite good; with 2,000,000 RMB, eating and spending as I pleased, I'd get by, because in China, ordinary people rely on wages and income, and unless you have windfall wealth, most people are like that. Relying on income and making money is not easy, and saving money is not easy. Suppose your monthly salary is 30,000 RMB, and you spend at least 10,000 to 20,000 RMB on living expenses, which gives you a relatively good living condition. If you manage to save half, which is 15,000 RMB, in a year you only save 180,000 RMB, less than 200,000 RMB, and you still have other expenses like traveling, so you can only save a little over 100,000 RMB a year. Think about it: even if you save for ten years, you only have 1,000,000 RMB; in twenty years, you only have 1,000,000 RMB—wait, around 2,000,000 RMB. How could you possibly have that much cash? Ordinary people in China do not have cash, unless they get a windfall, such as corruption, or running a business where somehow, somewhere, you make a sudden windfall and suddenly earn a lot of money. But being a boss is rare after all, and there aren't that many.

So, everyone has two million, and it's hard for a family to save two or three million. Well, house prices rise. You still have a relatively small house, so what do you do when prices rise? If you were planning to buy a house in the future, trying to find a way to buy one, buying a new home, or upgrading, in such a situation, prices go up by 500,000 in a week or two—how can you stand that? You are forced to take that money out to pay the down payment. At that time, house prices in Shanghai were rising sharply. A three-to-five-million-yuan house was an old apartment that you wouldn't even consider; you could only buy a new house, and a new house that was relatively far away. At that time, the CCP, the Communist Party, would build high-speed railways, build them further out, build light rails, build subways, build them further out, and expand the entire urban area, so houses would be in other places. But in these suburban areas, because it's a new district, it's a new district, the scale is also very large, so the houses are bound to be a bit bigger. Ordinary people feel balanced in their hearts, buying 150 square meters, 200 square meters, some buying 180, large layouts. You buy one, you just buy one. How much? Six or seven million is very normal. A six or seven-million-yuan house is very normal in the suburbs of Shanghai, like Songjiang or Qingpu. For a slightly better house, one you'd actually want, it's six or seven million. You pay a two-million-yuan down payment, one-third is gone, the money is gone. Then the whole family works hard to make money, paying off the mortgage every month. Do you know how much you have to pay? Generally speaking, at that time, the annualized interest rate was probably around six or seven percent, reaching six or seven. The benchmark interest rate was about five-point-something, and then adding other loans required adding other fees, and it would float up by 10% or 20%, probably six or seven. Even if you borrow at six or seven points, even if you borrow for thirty years, you have to pay every year, every month, twenty or thirty thousand yuan, nearly thirty thousand yuan. So what do you do? The whole family works hard to make money, everyone goes to work to make money. Now the economy is bad, and in the future, it's over. If the house price drops by 50% all of a sudden—now it really has dropped by 50%—a six-million-yuan house becomes three million. Your two-million-yuan down payment is already gone, and now you are still carrying a four-million-yuan debt. Four million means that if you carry it for thirty years, it doubles, which means you are carrying over eight million in debt. You still have to pay twenty-something thousand yuan every month, two or three thousand yuan, you are still required to pay.

Xi Jinping's targeting of the real estate decline can be said to be an absolute conspiracy, an act of evil; this is an act of evil. He suddenly hit house prices by 35% to 40%. Overall, I am talking about the overall housing prices in China, which have already reached this point. Actually, what he is doing—do you know what Xi Jinping is doing? He is making it difficult for you to liquidate your assets, locking you all in, locking you all in, so you can only go bankrupt. When you go bankrupt, you have no food to eat, and you can only listen to him. In 2019, when I first started doing self-media, I did it for a period of time, but later, because the state security (MSS) controlled my family, threatened my family in Shanghai, they made me stop, so at that time I stopped, I stopped. At that time, while I was doing the program, I mentioned a topic countless times: poverty and ignorance are the foundations of the long-term dictatorship of the CCP, the long-term rule of the CCP dictatorship. In 2019, I said that as the foundation of long-term rule, as long as Xi Jinping takes power and engages in dictatorship, China's real estate and fixed assets will definitely fall, and the assets of ordinary people will definitely evaporate. This is something he must do; this is something he must do to choke you economically. For all the ordinary people in China, we are talking about liquidation—there is only one way to liquidate, and what is it? Houses. Those who have houses at home, those who have several houses, they want to liquidate them. Now, he absolutely does not let you liquidate. In this situation, it has already fallen by 35%, and everyone can't stand it anymore. Some even, in some places, it has fallen by 50%, and they have been firmly locked in; ordinary people have been firmly locked in. What is real estate like? Once house prices fall, it's like a shackle, clamping both your hands, tying you to a pillar, and you can't move.

So if Xi Jinping continues like this, he will still do this kind of thing, and there are still people cashing out right now. In the past couple of days, it seems a friend from Shanghai called me, and after chatting with him for a bit, he mentioned: which houses are selling the most in Shanghai right now? Those worth 10 million and above, around 10 million or higher—meaning houses with relatively high prices. What is the situation with Shanghai houses now? They are priced without a market. Houses in the surrounding areas have already dropped by 40% or 50%. I'm talking about places like Songjiang, Qingpu, Nanhui, Chuansha, these older areas, including houses in Jiading, have already dropped 40% or 50%. The relatively high-value houses in the urban areas haven't dropped as severely, dropping around 30%. But these houses usually end up listed there with no one buying them, no one buying them at all, and nobody is optimistic about the future. So what is the reason so many houses are being sold? It means that wealthy people are all fleeing, fleeing outward. Capital is fleeing outward, people are fleeing outward, entire families are fleeing outward. The fact that entire families are fleeing means it's actually over, it's already over. You know, a house currently listed for 10 million was actually worth 15 million in the past. Back then, a 15 million house could easily be sold within two or three days of being put on the market. If you listed it today, you might have five or six families viewing it the very same day, because everyone was scared and believed that housing prices would keep rising. A 15 million house was very likely to shoot up to 18 million or 20 million once it rose, and many people were speculating on real estate. Now, many of them are trapped.

Therefore, Xi Jinping must—now that Xi Jinping is walking the path of dictatorship more and more intensely—Xi Jinping is currently fighting for his life against the second-generation red elites and the second-generation official elites, while simultaneously fighting against the common people, robbing them of their assets. He wants to evaporate all the assets of the entire population. It’s just like raising pigs and sheep; do you think you will have money in the future? Even if you do, Chinese people are actually quite naive, all thinking, 'I still have two or three apartments in my hands, what am I afraid of? Even if the market changes, I'm not afraid. How much would I get if I sold one?' Look at how it has fallen now; your property value has already dropped, and if it drops another 25%, what will happen to you? You won't even be able to sell your house. Furthermore, the CCP has another tactic, another tactic, which is this: after your property value drops, as long as a transaction occurs, they will increase the transaction tax. Once this transaction tax becomes high, no one will want to buy houses. First, houses won't appreciate anymore, so people don't want to buy; second, the economy is bad and incomes are gone, so people don't want to buy; third, the holding costs are high, and property taxes are increasing. Tell me, who would want to buy a house? No one wants to buy. So now there is a term called 'lying flat.' No matter what kind of house I live in, even if I live in an ordinary one, I just lie flat. I won't buy these houses, I won't generate transactions, and I only eat a few bites of food every day, so I don't have many costs. But now, people can't even afford to eat. A couple of days ago, I saw on a video a young man who eats breakfast and drinks morning liquor—Shaoxing people drink morning liquor. Do you know how much a small can of braised large intestines costs? Just a small plastic can, how much? It's terrifying: 45 RMB. And this is at a stall, a morning breakfast stall where they are selling it. Such a small can, just one after another, 45 RMB. Then you buy a few other things, and a morning meal costs 60 or 70 RMB. Think about it, it has reached this point. How is this price? These prices are gradually aligning with the world, but the income of the Chinese people—of course, this blogger himself runs a hotel and is relatively wealthy, but the common people cannot even afford to eat. If this continues, the Chinese people truly will not be able to afford to eat. Real estate is firmly locked up, and property cannot be liquidated. The ultimate evil consequence of Xi Jinping pursuing a dictatorship—let us recall the period from 1949 to Mao's death. You tell me, after Mao took power back then, was Chinese real estate ever liquidated? Even if you were a capitalist, even if you had two houses—many old capitalists in Shanghai had several houses—do you know who those houses went to? To avoid being abused by the CCP, these houses were donated to the government for free. Can you imagine that? People today can't even conceive of it. That was how it was back then, because every political movement involved these people. To save their lives, they would say, 'We have a house over there, what is the price of this house now? It's worth hundreds of millions.' What did they do? They donated it, gave it directly to the government to save their lives. Some even had large garden villas; they would live in one room themselves and tell the others, 'Please don't come to rob me, don't abuse me, I have cleared out the rest of the house, let your families come and live here, I will just live in one unit.' Later, after Deng Xiaoping came to power, there was some policy that allowed them to reclaim some of the assets that had been cleared away from capitalists. Think about it: under Xi Jinping, just like in the Mao era, if you have a house, you simply cannot liquidate it. You cannot liquidate it, and you cannot escape. Xi Jinping is now walking those same old paths. If you know that this was the situation in the Mao era, you will know that in the Xi era, as long as he continues to walk the path of dictatorship, all real estate in China will be firmly locked up. What is the use of having ten houses? It is useless. In the end, you will be made to obediently hand over your houses to the government, to the CCP, to the Xi family. This will definitely happen; I can tell everyone, it is not just a possibility. There has never been any socialist country that allowed its common people to become wealthy; this is an unchanging law.

Look at how Trump and Rubio are posting and condemning these past two days. Trump says the United States can never become a socialist country. Rubio is also posting, do you know why? That is to say, Rubio is talking about Cuba again this time, going after Cuba. Now they aren't dealing with Iran, they are targeting Cuba first, and then after that they will target the CCP, and after that they will target the CCP. So under these circumstances, everyone remember, as long as you—I have always been saying, as long as you currently have real estate in China, the price you see right now, unless the Chinese Communist Party falls—if you are betting on the Chinese Communist Party to fall, you just leave it there, and in the future house prices will definitely rise, at least they won't drop massively, at least they won't drop massively. If the Chinese Communist Party does not fall—now it's possible the Chinese Communist Party might fall, and it's also possible it might not fall; factions within the Chinese Communist Party kill each other, fight, and in the end it's still this Communist world—then Chinese housing might become completely worthless, completely nonexistent; well, not completely worthless, the implicit price exists, but it has no liquidity, you cannot cash it out, and housing prices might drop. Everyone remember, this year 2026, 2027, if in the second half of this year, around the end of August, the political environment of the entire country undergoes no changes, then Chinese housing prices might continue to slide further. Can you bear it? If it slides another 10%, 20%, or even 30% now, then most ordinary people can no longer bear it. Everyone shouldn't think that once Chinese real estate drops, ordinary people will revolt; they won't revolt, they won't revolt, they have the military, they have the military to suppress you. Now there is only one way, now thinking about it back and forth there is only one way, which is to continuously overthrow the entire Xi dynasty, the entire Chinese Communist Party, and only then will the Chinese people have true hope, and only then will this country have the possibility of truly becoming a normal country—perhaps it's like this, otherwise there is no possibility at all, otherwise the entire country will continue to be endlessly enslaved, even for decades, hundreds of years, for generations. Look at us up until now, within a hundred years, at least spanning four generations, at least four generations, and another four generations coming, can you endure it? There is also this point worldwide: while your country is being enslaved, other countries are developing, and that gap is getting larger and larger, a heaven-and-earth difference. Therefore, everyone must plan out their future lives well, plan out their future lives well. While the Chinese Communist Party exists in this country, there is no hope whatsoever; with Xi Jinping, disasters are everywhere across the entire country. Everyone wait and see whether what I'm saying is right. Disasters are already everywhere now, go and look, everyone go online and check my media appearances in 2019, I had many of my own programs, wait, no, at that time they made me delete them, state security made me delete them so I deleted them. Go look at when I was speaking out in the media in 2019, in other media, some videos, go look at those videos and see if that was the future China I described back then, which is the current situation, which is the current situation. This is the Chinese Communist Party, everyone remember, make sure not to hold onto real estate anymore; what you are doing now is making a painful sacrifice, because the price of the real estate you will face in the future will be even more painful, even more painful. If by that time, if you happen to have cash—I used to say this, I said you shouldn't look at China's foreign exchange right now, meaning the RMB is currently 6.77, a while ago it was 7.7, you know this money doesn't represent, it doesn't represent the true ratio between the RMB and foreign exchange. Why? Because you can't exchange it at all, do you understand? You can't exchange it at all. If all your assets can be exchanged for RMB, US dollars can be exchanged out—let me give an example, I currently have 2 million RMB, you go and exchange, you go and exchange 300,000 US dollars, can you exchange it? You can't exchange it at all; you can only exchange a few thousand yuan, tens of thousands of yuan, and moreover they make you explain clearly what you are using it for, otherwise you can't convert it at all, you can't convert it at all. You can only act like ants moving house, you know, exchanging some US dollars, exchanging some foreign exchange and keeping it at home. I was like this many years ago, I said you take the money and keep it at home; back then you still could, you didn't need any major reason to exchange directly, you could exchange 50,000 a year, back then you could find some brothers and sisters, find a few people, and you could immediately exchange a few hundred thousand US dollars. Now if you go to exchange money, you can't exchange it. Xi Jinping is currently doing one thing, what is he doing? He wants to tightly lock up your money, all the money of ordinary people, and will absolutely not let you have money. After a while, currency devaluation might even become more severe, meaning he is raising the prices of products, the prices of many things are going up. Look at these seven years—in the eight years since I came to America, the cost of living in China has—big, you couldn't even imagine it, you couldn't even imagine it, these eight years might have doubled or even tripled in price. Under such circumstances, alright, everyone had better, everyone had better set up their fixed assets properly; in the future, this kind of immovable property in China will turn into dead assets, and in the future it will be very hard to cash out.

Make the most of everything, thank you all for watching, and see you in the next program.