Local people in Ordos do not have the same views on current risks.
Some people think that as long as the price of real estate falls, *** must collapse. Coupled with the recent news that developers frequently ran and even suicide, cautious people began to withdraw their capital from real estate.
However, some people do not think so. A person in charge of a small-scale company told 21st Century Network that many real estate developers in Ordos are backed by coal mines. As long as there is coal in Ordos, the real estate crisis will not break out.
It is understood that Ordos has currently proven reserves of more than 160 billion tons of coal, accounting for about one-sixth of the country's total reserves, accounting for more than half of Inner Mongolia. Local people believe that Ordos' coal reserves are abundant, and at least it can be used by the Ordos people for a hundred years. At present, many real estate companies' funds come from the coal business of their own group. The abundant funds brought by coal have become the “source of water†for real estate companies and support the smooth development of real estate companies.
Reality is not as perfect as people think.
The ongoing integration of Erdos' second coal enterprise is making this “source of running water†temporarily a “deadwaterâ€.
According to the Ordos government's request, the local coal mines will eventually be consolidated into 40 by almost 300. Those coal mines below the scale can no longer be started in the process of waiting for mergers, and coal mining companies have lost the source of cash.
In addition, according to the schedule of the Ordos government, the deadline for this integration is June 30, 2012. This also means that in the next six months or more, even if its real estate companies encounter financial difficulties, the parent company can not afford financial assistance.
The above-mentioned person in charge of the small amount of money said that private funds have had a fear of real estate. At present, only the banks are seen. If they are to issue property to real estate developers, then everyone's days will be a little better; if they can't, then they will only be firm. As for the final result, nobody knows.
A person in charge of equity investment ** said: "If the banks still do not go to the real estate companies, real estate developers can see whether the incident occurred by the end of this year, the end of the year is the time of settlement of all companies and individuals for the New Year, the end of the year may appear certain The degree of loan repayment, even this time may be ahead of schedule."
Some people think that as long as the price of real estate falls, *** must collapse. Coupled with the recent news that developers frequently ran and even suicide, cautious people began to withdraw their capital from real estate.
However, some people do not think so. A person in charge of a small-scale company told 21st Century Network that many real estate developers in Ordos are backed by coal mines. As long as there is coal in Ordos, the real estate crisis will not break out.
It is understood that Ordos has currently proven reserves of more than 160 billion tons of coal, accounting for about one-sixth of the country's total reserves, accounting for more than half of Inner Mongolia. Local people believe that Ordos' coal reserves are abundant, and at least it can be used by the Ordos people for a hundred years. At present, many real estate companies' funds come from the coal business of their own group. The abundant funds brought by coal have become the “source of water†for real estate companies and support the smooth development of real estate companies.
Reality is not as perfect as people think.
The ongoing integration of Erdos' second coal enterprise is making this “source of running water†temporarily a “deadwaterâ€.
According to the Ordos government's request, the local coal mines will eventually be consolidated into 40 by almost 300. Those coal mines below the scale can no longer be started in the process of waiting for mergers, and coal mining companies have lost the source of cash.
In addition, according to the schedule of the Ordos government, the deadline for this integration is June 30, 2012. This also means that in the next six months or more, even if its real estate companies encounter financial difficulties, the parent company can not afford financial assistance.
The above-mentioned person in charge of the small amount of money said that private funds have had a fear of real estate. At present, only the banks are seen. If they are to issue property to real estate developers, then everyone's days will be a little better; if they can't, then they will only be firm. As for the final result, nobody knows.
A person in charge of equity investment ** said: "If the banks still do not go to the real estate companies, real estate developers can see whether the incident occurred by the end of this year, the end of the year is the time of settlement of all companies and individuals for the New Year, the end of the year may appear certain The degree of loan repayment, even this time may be ahead of schedule."
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