Regarding the economic situation and housing prices in 2016, have people’s salaries decreased? Have house prices gone up?
Thread Content
As the title suggests: Many people feel that their salaries have dropped significantly. Yet housing prices remain high, and prices are rising (especially for vegetables and fruits, as well as meat). Employees in state-owned enterprises are losing their jobs, and there are fewer private enterprise projects. How can we explain this strange phenomenon?
The issues with state-owned enterprises are related to the overall planning, I guess
Is it to encourage more consumption in order to boost the economy?
Well, consumption drives the economy, but you need money to spend in order to do that! The rich have money, but they only spend on hard currencies; most of their funds flow into assets with high appreciation potential such as real estate. No one likes to spend on products like technology and intellectual property, whose added value is uncertain. In other words, with an unbalanced economic structure, there is also a serious imbalance in our consumption structure.
Our boss said there will be no layoffs, and salaries will even increase slightly. But companies are under a lot of pressure. We are all working hard to give back to the company.
The companies are in poor shape, and the industry is in poor shape as well. Living costs and stress are increasing.
Let’s not discuss the sensitive parts. . . It’s said to be poor, but not to the point where one can’t afford to consume; it’s like having a dull knife cutting into flesh – the pain isn’t that intense, and there’s more endurance and grumbling involved. One either has to adapt to this situation or leave it. . .
The economy is in transition, with the added value of technology experiencing significant growth; it has reached a stage where challenges need to be overcome, and the laws governing economic development are at play