The explosion of eggshell apartments for long term rentals caused a violent earthquake.
Numerous dozens of workers were trapped, and some were even kicked out of their homes by their landlords in the middle of the night in the rain, leaving their luggage on the road, which was a miserable scene.
I saw a video today in which a landlord who had been trapped in a building took a locksmith with him and tried to change the locks on his house to get rid of the tenants.
The tenant called the police and the police arrived to stop them, warning that if they dared to change the locks, the landlord and the locksmith could face security detention, and the landlord stood there suddenly confused ……
Eggshells not only screwed the beaters and landlords, but the banks were also involved.
It turns out that many young people can’t afford to rent an apartment, so they took out loans from banks to pay the rent, but now many of them have had their rental contracts terminated and their homes repossessed, while still having to repay their loans.
The victims have no way of telling, and the banks face the risk of bad debts.
In fact, being pitched tens of thousands of pieces of rent, is a piece of cake. Last night, a big “melon” popped up on the Internet, saying that the eggshells also pitted the state capital 600 million.
This is too exaggerated, and there are such operations?
I did a little digging and found that the rumors are not unfounded, as South Weekend reported on the matter.
According to the Southern Weekend report, at the end of last year, the local government asked for 600 million yuan from the local government on the condition that the headquarters of Eggshells would be located in the Huaqiao Economic Development Zone in Kunshan City, Jiangsu Province.
The two sides agreed that a wholly owned subsidiary of Eggshells would contribute 625 million yuan, while Kunshan Yinqiao would contribute 600 million yuan to establish Jiangsu Yue Wutong Asset Management Co.
The Kunshan Yinqiao was wholly owned by the Kunshan State-owned Assets Supervision and Administration Commission. Kunshan later found out that the eggshell was simply a white wolf in gloves, not a penny, but also a huge management fee.
Kunshan, feeling cheated, demanded that the 600 million dollars be recovered, but the money was still left in the subsidiary of Eggshells and was difficult to recover.
After the Nanzhou article was published, Eggshells issued a statement, saying that the report was “seriously untrue” and that the cooperation with Kunshan was “legal and compliant”, and threatened to sue Nanzhou.
But now it seems that Nanzhou’s report was a far-fetched prediction.
It is still a mystery where the 600 million yuan of state capital ended up and whether it was floated or not.
Eggshell apartments essentially play a game of high rent, low rent, taking six months or even a year’s worth of money from tenants and giving it to landlords month after month.
In this way, they are desperately trying to increase their leverage, resulting in the accumulation of risk day after day.
In other words, this is a Ponzi scheme.
However, the eggshell apartment was able to cheat the world and the landlord, and not only trapped the tenant and the landlord, but also dug a big hole for the bank and the state capital.
Is it too clever a scam to be detected? I’m afraid not.
When I was working for the media, I encountered a number of similar stories about real estate agents acting as second landlords, cheating large numbers of tenants out of their rents and running away with the money.
As a result, some local government departments have issued regulations to restrict and regulate intermediaries acting as second landlords.
I still remember that in 2018, Hu Jinghui, the former vice president of I Love Home, bombarded eggshells and other long term rental apartment models, saying that if a long term rental apartment were to explode, it would be worse than P2P.
But the result, with an almost predictable ending, was an almost identical story, played out again, with more victims and more money involved, than all of its previous scams combined.
Here’s the desperate part-.
In our case, having learned our lesson, we always have no memory and no growth, and we always continue to fall down in the same place, and we always let ordinary people act as the wrongdoers.
Similar phenomena do not only happen in the rental market.
Take for example the recently popped up rotten buildings, before these rotten buildings, I do not know how many layers of rotten buildings, the relevant departments for this purpose has long issued strict pre-sale capital management regulations.
But so what? Buyers to pay the pre-sales, as usual, the developer misappropriated, despite the violation of the developer, as usual, to get the pre-sale license.
As a result, the building ended up rotten, the relevant local departments to leave the responsibility cleanly, the program even came out of the buyers to raise money to “save themselves”.
How can a sad destruction!
In this land, there is no such thing as the most magical, only more magical.
Scammers and crooks have always been able to run amok.
Is it a coincidence that after campus loans, P2P loans, and cash loans, there is the mass grave of long lease apartments?
From the middle class to the bottom, life is really too hard, there are always endless scams waiting for you, there is always a grain of ashes of the times becoming a “mountain” that crushes every family.
Has anyone ever heard the wailing voice?
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