My heart died when I saw the revenue from land sales nationwide in 2020

The national revenue from land sales in 2020 is 8.41 trillion yuan, which is such a huge astronomical figure.

The national revenue in 2020 is about 18 trillion yuan, and the revenue from land sales accounts for 44% of the national revenue and 84% of the local revenue.

Seeing this set of data, my heart is like death, housing prices are impossible to fall.

  1. If local governments at all levels stop selling land, local governments are expected to run into problems. Without such a large amount of revenue from land sales, where will the salaries come from? Medical care, pension, education and other livelihood issues are even more difficult.
  2. Without a large amount of revenue from land sales, officials have no source of money for infrastructure construction, it is difficult to have political achievements, which local officials do not want to see. Therefore, the probability is that land sales will continue, and as land becomes less and less available in good locations, land prices will only get higher. The likelihood of house prices falling is slim to none. How can the price of bread fall when the price of flour is rising so much?
  3. Land is a non-renewable resource, what happens after the land is sold? Where will the revenue come from? Think about it, it’s a chill down your spine.
  4. I still do not understand one more place, China’s GDP is growing significantly every year, where does the money go?

Finally, I would like to say that the sale of land is not a long-term solution, the high price of housing has kidnapped all walks of life, stifling the basic consumption of the people. Loans to buy a house is an early overdraft of decades of consumption capacity, the future of the internal cycle of how the cycle?

Change the development model can not be delayed, the sale of land to alleviate temporary economic problems, can not solve the long-term development of bottlenecks, can no longer be delayed, to give us time and opportunity is limited, a strong resolve is needed to break the wrist.