Home » Business » Low-cost issues compete with poor folks, actual property costs are getting worse

Low-cost issues compete with poor folks, actual property costs are getting worse

After the COVID-19 epidemic, Hong Kong has not skilled fast financial restoration, and the enterprise setting has develop into harder. As well as, Hong Kong has develop into extra built-in into the event of the District. Baymore and has nearer hyperlinks with the mainland. The fast progress of industries within the mainland has additionally made Hong Kong folks They had been interested in go north to spend, which made the Hong Kong market even worse.

The issues dealing with companies in Hong Kong should not solely manpower and capital, however extra importantly, failure to maintain up with the occasions and meet the consumption patterns of at this time’s technology. Immediately’s customers are very specific about “expertise, cost-effectiveness, and repute.” “Expertise” refers back to the person’s notion and pleasure of the person even “worth for cash”. When it comes to “phrase of mouth”, the reply comes from service and high quality. Whereas the folks of Hong Kong are protesting, they need to do these three issues properly, in order that they will discover a manner out of issues.

The economic system is poor, the property market is weak, and the spending energy of Hong Kong folks can be decrease than earlier than Naturally, all purchases will likely be “completed”. cash.” Those that do enterprise can solely transfer on this course, decreasing prices and earnings to outlive Steadily, the phenomenon of “low-cost issues combating in opposition to the poor” has emerged.

The most effective instance is the catering business. Nonetheless, when everybody cuts costs on the identical time and reductions “throughout the road”, the attractiveness is offset in a panic, and the revenue margins of the leaders develop into decrease and decrease. decrease, so that they haven’t any selection however to scale back assets. Below this vicious cycle, service ranges have declined as an alternative of rising, workers haven’t acquired sufficient assist, and stress has elevated on the identical time Lately, studies have been there have been lodge business staff utilizing foul language to trigger bother for Kong prior to now, and it is value interested by for enterprise folks.

There’s additionally this vicious cycle of “bastards combating the poor” in the actual property market. Just a few months in the past, the developer diminished the worth to draw patrons into the market who will likely be anxious about spending their financial savings. The creator has at all times believed that secure actual property costs can stabilize all companies; alternatively, the decline in actual property costs not solely impacts the economic system, but in addition impacts the buyer market.


Liao Weiqiang, President of Lijiage Actual Property

Liao Weiqiang

**Weblog articles are written at your personal danger and don’t characterize the place of our firm**

2024-07-22 06:42:37
#Low-cost #compete #poor #folks #actual #property #costs #worse

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.