Say something sad—

I just went to pay the property fee and heard a pigeon say:

He bought a house in Wuhan a few years ago for 700,000, peaking at over 1.7 million, but now it's listed for less than 600,000, with over 400,000 still owed on the mortgage.

When the housing market collapses, combined with the second and third child policies, it's truly tragic!

The past asset bubble created too many high-asset, low-cash-flow pseudo A8s and pseudo A7.5s—

It seems like assets worth 5 to 10 million, but in reality, the annual cash inflow is minimal, leading to the strange phenomenon of millions in assets going down the drain.

It seems that it's no longer about working harder to be luckier; in recent years, the bursting of various bubbles feels more like the luckier you are, the more you can lie flat.

The future will return to cash flow being king; saving money and thinking about how to get out is the way to go!

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