Demolition of Fuqian Road, Jiangning District

There is a famous joke describing China’s real estate:

In the past, there was a landlord who owned a lot of land and hired many long-term workers to work on it. The landlord built a house for the long-term workers. A group of people lived in Tuanjie Building. One day, the landlord's counselor said to the landlord: Boss, the long-term workers have a little money in recent years. It is not cost-effective for them to live in your house and pay rent every month. Anyway, they will live here forever. , you might as well sell your house to them and call it public housing for sale! Telling them that the house belongs to them forever and they can get back the money they have saved over the past few years, the landlord said: Yes, but what about the rent? The counselor said: Just accept it and give it a Japanese name, property fee! The landlord quickly implemented it and made a lot of money. The long-term workers were so happy! After a few years, the landlord's village developed into a town. There were more and more wealthy people and there was no place to live. The counselor said to the landlord: Boss, long-term workers We have gotten rich again in recent years, so we build them new houses and call it old city renewal. They give us the money they have, and we tear down the houses and build new ones, and ask them to buy them back. We can get more The landlord built some and sold them to others, and the landlord tried it again. This time, some long-term workers were unhappy, and the landlord's servants were put to use. The long-term workers had to eat it after their teeth were knocked out, and the landlord made a lot of money again.

A few years later, the landlord’s village developed into a big city, with more wealthy people and the landlord’s land becoming more valuable. The counselor said to the landlord: Boss, let’s demolish the houses of these long-term workers. Now, you can build villas in this place, build houses on the demolished land and sell it to the rich people, and you can still make a fortune. The landlord said: What will happen if the long-term workers don't work? The counselor said: Let's give them more money and call it monetized resettlement. Let's build a house next to our pigsty and call it affordable housing. We will build a carriageway for them to buy a house there. Housing, the landlord said: What if they don’t have enough money? The counselor said: I borrowed it from our bank and gave it to them, with an interest of 6 cents a year. We can still make money with this money, and there is no risk. The landlord has implemented it again, and the long-term workers have received the money. The landlord’s affordable housing has not been available until now. After building a house, the long-term workers had to queue up to wait for the house. Until now, they are still waiting------

So the long-term workers started to make trouble. The landowner was a little panicked and asked the counselor what to do? The counselor said: quickly inform the long-term workers that the house price is going to drop. Don’t buy it. Let’s rent a house. We can rent our pigsty to them. As a result, after so many years, the long-term workers have lost all their money and are still renting a house. Forever