Chapter 607 Indefinite Postponement of Promotion

"Two measures. First, halt second-hand housing transactions. Second, implement controlled inflation."

Chen Feng spoke with ease.

The reason Chen Feng had so much to say on this topic was his extensive research into China's real estate market.

Over the past few years, Chen Feng had been intensely curious about Chinese real estate.

Why didn't China's real estate follow global patterns?

Real estate in the United States and Japan had triggered economic crises, but why not in China?

Upon deeper investigation, Chen Feng discovered the underlying reason.

It was China's unique national conditions.

Frankly, it wasn't just the real estate industry; in any sector, China could make these industries deviate from the norm.

It had to be said that the Chinese people were the easiest to manage and the easiest to fool in the world.

In a sense, this was a tragedy, and even more so, a sign of backwardness.

If the populace remained unaware, they couldn't identify what was wrong, and wouldn't even know why they lived such difficult lives. This not only affected the personal development of China but would ultimately impact China's overall development.

However, changing this situation wouldn't happen overnight; it could only be a gradual process. When he entered China's high echelons of power later, this situation would have to change.

For China to become a global power, its people must awaken.

If the people remained apathetic, sluggish, and timid, how could they support the nation?

"Hmm, this is getting more and more interesting. Continue explaining, I like listening."

Director Zhou urged Chen Feng.

"Director Zhou, it's like this. By prohibiting second-hand housing transactions, there are two benefits. First, without second-hand transactions, the prices of second-hand homes will freeze. Second, if Chinese people cannot buy second-hand homes, they will have to buy new homes, thus preventing new home prices from falling. As for controlled inflation, it means devaluing money, making it worth less. This way, Chinese people can accept the high prices of Chinese housing. In essence, it's a disguised price reduction. However, this disguised price reduction is very different from a direct price cut. Through inflation and disguised price reduction, the top leadership of China can take the money from the hands of the Chinese people through currency devaluation, and in essence, the prices of Chinese housing will not decrease much. These two methods are about trading space for time. As long as the high real estate prices can be maintained for a few more years, the housing price issue will no longer be a problem."

Chen Feng explained with a serious expression.

"Chen Feng, this method by the Chinese leadership is good, but the problem is, although the Chinese people are obedient, they are not stupid, are they? If you directly stop second-hand housing transactions, wouldn't that cause an uproar?"

Director Zhou asked tentatively.

"Director Zhou, you don't need to worry about that. China's top leadership's think tanks have long had countermeasures. They won't openly prohibit second-hand housing transactions; they will do it subtly."

"Subtly? What do you mean?"

Director Zhou was stunned.

"It's simple. On the surface, China's leadership will not mention prohibiting second-hand housing transactions, but the banks will receive internal directives from the Chinese leadership stating that all second-hand housing transactions must be paid in full, otherwise, the transfer of ownership will not be processed."

Chen Feng explained.

"Brilliant, truly brilliant."

Director Zhou couldn't help but exclaim.

He had underestimated the capabilities of China's top leadership. With a few strokes, they had resolved a thorny issue. He realized he was too naive, thinking he held the truth, only to discover it was nonsense!

"Director Zhou, I have given you a thorough analysis of the real estate situation. Do you still insist on implementing property tax?"

Chen Feng asked seriously.

"I certainly won't insist on property tax anymore. I was too naive before, thinking only property tax could solve China's problems. Little did I know, China's leadership had already calmly mastered the situation."

Director Zhou replied with emotion.

"Director Zhou, since you've come to your senses, quickly use your influence to postpone the promotion of property tax from pilot to widespread implementation."

"Isn't that too hasty?"

Director Zhou was taken aback.

"It must be quick. Your classmate was arrested over a minor issue. The real target is you, not him. If you don't promptly inform your backers that you are no longer a staunch supporter of property tax, they will continue to target you. Although your position and your own capabilities make you unassailable, it's better to be cautious of hidden dangers than open attacks."

Chen Feng advised Director Zhou.

"Chen Feng, after your words, my entire thought process has become clear. Before, I was puzzled: my classmate held a nominal position in the Bureau of Religious Affairs, and he only embezzled a few hundred thousand yuan. Was it necessary to make such a big fuss about him? Your analysis today has made me realize. It turns out they were targeting me. It seems the Chinese leadership has made a decision to protect real estate at all costs."

Director Zhou lamented.

"Director Zhou, in fact, the reason China's leadership is desperately protecting real estate is out of necessity. Anyone who isn't foolish knows that playing with real estate for too long is akin to playing with fire. However, even if they are playing with fire, what can they do? Without finding alternatives, they can only continue to play. From this perspective, China's leadership's economic strategy has indeed gone wrong. Their focus is solely on real estate, and they can't break free from this cycle. Sometimes it's understandable; developing real estate is as simple as selling land with eyes closed, requiring no thought. This is why China's leadership naturally prefers it."

Chen Feng explained.

Director Zhou said no more. He immediately called his supporters of property tax. After a round of calls, major Chinese media outlets published breaking news: the property tax pilot, which had been brewing for years, was indefinitely postponed due to various reasons.

As soon as this news broke, Director Zhou's classmate was released from the detention center due to insufficient evidence.

"Chen Feng, you are truly a divine predictor. My classmate is indeed fine and has been released from detention."

Excited, Director Zhou called Chen Feng.

"Director Zhou, matters in China's political arena are both complex and simple. As long as you grasp the origin, things are not that difficult."

Chen Feng sighed.

"Chen Feng, you have helped me immensely this time. I must thank you properly."

Director Zhou said sincerely.

"Director Zhou, you have already approved my project for the expansion of Mingshan City's administrative area. You have already helped me a great deal. There's truly no need for further thanks."

Chen Feng replied with a smile.

"One matter is one matter. That was something Miss Wang asked me to help with, a favor between me and the Wang family of the capital. If you help me avoid imprisonment, I must thank you properly. If you don't let me thank you, it means you look down on me, and I won't be able to sleep."

Director Zhou provoked Chen Feng.

"Director Zhou, since you've put it that way, I can only accept your kind offer."

Chen Feng smiled and accepted.

That morning, Chen Feng asked Wang Ziwei to return to Jiangcheng first, while he went to see Director Zhou alone.

It wasn't that he didn't want to bring Wang Ziwei along, but Wang Ziwei was a woman, and he and Director Zhou were both men. The activities men engaged in were naturally unsuitable for women.

Wang Ziwei was not foolish; she understood Chen Feng's intention and didn't say anything, returning to Jiangcheng immediately.

Chen Feng was destined to achieve great things in the political arena, and social engagements were unavoidable. She had to understand.

Led by Director Zhou, Chen Feng arrived at a luxurious nightclub in the capital.

Upon entering the private room, Chen Feng was stunned...