Sunac Real Estate was enforced for more than 38 million yuan. What happened to this real estate company?

Sunac Real Estate is affected by the epidemic and current policies, which may lead to a worse real estate situation than everyone imagined. Sunac is still suspending trading, and the 202 1 financial report has not yet come out. Separate debt is good, but the leverage ratio is too high to support performance. Sunac must have mortgaged everything that can be mortgaged, and delayed all the debts that can be delayed. At this time, you can't even deal with assets at a low price, because it will cause a series of asset revaluation.

In 2022, not only real estate developers, but also local finances are very sad. To what extent? To put it simply: if you can't save it, you will have the risk of collapse.

In the first quarter of 2022, according to the data given by the National Bureau of Statistics, the national average price of new houses fell to less than 1 10,000 yuan per square meter, plummeting 10.3% year-on-year. The volume and price of new houses have fallen, and the second-hand houses are even more terrible. In the first quarter of 2022 alone, the number of entrepreneurs returning home exceeded 1 1 10,000, while the total population of the whole country has actually been decreasing every year since 2020: the house prices of key cities in the country will continue to plummet due to the decrease of the total population every year and the return of rural revitalization personnel.

In the first quarter of 2022, there was a negative growth in mortgage loans, and new loans were also borrowed from the old. It shows that residents' mortgage ability has reached the limit. There are more leek boxes made in China than leeks, and the ability of leeks to take over the market is gone: no one buys a house to take over the market, and the house price in China continues to plummet. The declining birthrate reduces the demand for real estate, the aging intensifies the pressure on real estate sales, the overcapacity of real estate exceeds the demand, the price reduction of affordable rental housing for policy housing accelerates the supply, the US dollar shrinks ahead of schedule to raise interest rates, and the real estate tax increases the cost of housing ownership and shortens the sales restriction period. China's housing prices plummeted.

In the first quarter of 2022, more than 20 listed real estate enterprises announced that they would postpone the release of the 20021financial report. In May, the US dollar began to shrink by nearly 95 billion per month and raised interest rates seven times. Real estate dollar debt broke out, and RMB domestic debt broke out in concentration. The more real estate enterprises explode, the more China house prices plummet.