It is wise not to buy a house this year or next year. Li Ka-shing said: The real estate market will go downhill in the future, and houses will become less and less valuable. The relevant information is as follows:
1. The meaning of this sentence is that the real estate market is cyclical. Once the market declines, real estate speculators will face huge risks. Therefore, if you do not buy a house this year or next, you can avoid the risks caused by the market downturn.
2. Li Ka-shing’s words do not apply to all situations. For those who just need to buy a house, if they need to buy a house to live in, they can buy it now. If they want to invest in the real estate market, they need to think carefully.
3. The cyclical nature of the real estate market is difficult to predict. Even if the real estate market is on the rise now, there is no guarantee that the market will not decline in the future. Therefore, those who want to invest in the real estate market need to carefully consider their investment plans and do not blindly follow the trend of real estate speculation.
4. Li Ka-shing’s words are not the absolute truth and need to be analyzed based on specific circumstances. If you need to buy a house to live in, you can buy it now. However, if you want to invest in the real estate market, you need to think carefully. At the same time, risk management also needs to be done to avoid losses due to market declines.
Related information about Li Ka-shing
1. Li Ka-shing (LiKa-shing) is a famous industrialist and philanthropist in Hong Kong. He was born in 1928. He was once the richest man in Hong Kong and the founder and former chairman of Cheung Kong Holdings Limited. He was one of the most successful investors and entrepreneurs in Hong Kong's modern history.
2. Li Ka-shing started his business after World War II, initially engaged in the production and sales of plastic products. Later, he entered the real estate market and gradually developed into one of the largest real estate developers in the world. His real estate investments include residential, commercial and industrial properties. He is also involved in many fields such as hotels, energy, and telecommunications.
3. In addition to his achievements in the business field, Li Ka-shing is also committed to charity and is known as the "giant of philanthropy." He has donated a large amount of funds for education, medical care, disaster relief and other fields, and has supported many charities and public welfare undertakings. He is also committed to promoting the development of Hong Kong and has invested in many infrastructure projects, such as the Hong Kong International Airport and the Hong Kong Metro.
4. Li Ka-shing is highly praised for his business wisdom and investment vision, and his successful experience has also become an inspiration to many people. He has said many famous quotes, such as "Never borrow money to speculate in real estate", "If no one wants a piece of land, it is the best investment opportunity", etc. These famous quotes have become the focus of people's attention.