Chapter 1287: 889 Labor is the most glorious
The eyes of the masses are sharp.
After Kangaroo made a high-profile announcent of its 200 billion employee housing policy, the company’s stock reversed its downward trend, began to surge against the tide, and re-entered the trillion-dollar club.
However, Yu Fen, the founder of Kangaroo, didn’t seem particularly pleased about it.
Because not long ago, the Ministry of Comrce had personally summoned him for a eting.
“What did they say?”
Yu Fen made a trip to the capital on serious business, coincidentally running into Bian Zaide.
Once sworn rivals, they now shared an atmosphere of unexpected camaraderie.
There are no eternal enemies, only eternal interests.
That’s an unchanging truth.
Despite his ordinary appearance, Yu Fen’s brows were tightly furrowed at the mont.
Being directly summoned by the Ministry of Comrce should have been a supre honor for any entrepreneur, but this ti the discussion appeared less smooth—or less agreeable.
“There’s significant dissatisfaction from the higher-ups about our policy this ti.”
Yu Fen summarized concisely.
Bian Zaide naturally understood what Yu Fen was alluding to. As one of the top super-corporations, Hippo—as with himself—was under frequent governntal observation, with the Ministry of Comrce often inviting him for tea as well.
He nodded calmly, “The stir we caused this ti is indeed quite big. It’s not surprising that the higher-ups have concerns.”
Take the rger of Kangaroo and Baole, for instance. Without Great Wall Special Delivery, accusations of monopoly would almost certainly have surfaced.
But of course.
In the realm of corporate empires, allegations of monopoly are trivial matters. There are countless legitimate ways to evade such issues. Yu Fen’s distress ca from another source.
“Could it be Miss Cao…?”
He stared at Bian Zaide, his gaze laden with implications.
Bian Zaide remained composed, shaking his head slightly but with conviction, responding, “Based on what I know about Miss Cao, she wouldn’t resort to such tactics. If she intended to use unconventional thods, why make it so complicated?”
Yu Fen pondered deeply and found his counterpart’s words reasonable.
Although Kangaroo had consistently dominated Baole in the food delivery sector, when it ca to “standing in the Jianghu,” he had to admit he was nowhere near Bian Zaide’s stature.
As for Cao Family’s daughter, he didn’t have as much insight as Bian Zaide did.
Even though he agreed with Bian Zaide’s analysis, the recent reprimand had left him unable to suppress his rumbling emotions.
“The housing policy wasn’t sothing we proposed first. The one who introduced this asure was Great Wall. We were simply forced to follow suit, so why am I the only one summoned, while Great Wall remains untouched?”
Bred under the red flag.
Yu Fen could accept constructive guidance, but human nature is what it is.
People don’t fear scarcity; they fear inequality.
“It’s very simple,” Bian Zaide answered steadily, dispelling Yu Fen’s confusion. “The idea was indeed proposed by Great Wall, but currently they haven’t taken any substantial action.”
Yu Fen fell silent. After a while, he remarked, “So, in essence… we were played by Great Wall?”
Bian Zaide neither affird nor denied, rely expressing admiration, “I greatly respect the person who ca up with this idea. If it wasn’t Lan Peizhi, then it would have to be either Miss Cao or Jiang Chen.”
What an ingenious open conspiracy.
If Kangaroo didn’t follow suit.
Kangaroo would have been unable to stabilize the situation in any conceivable way.
But what if they did follow?
The consequences are now laid bare.
The reprimand arrived as expected.
Great Wall turned its weakness into a strength.
Employee housing was proposed by them first, but as a newborn platform, they had ample ti to delay implentation.
Kangaroo, however, didn’t have that option.
Moreover, with the enormous population of food delivery riders, rolling out such a large-scale welfare housing policy for this group would inevitably—and definitively—impact the real estate market.
The current real estate market is already teetering on the brink; it cannot withstand further storms.
Yet, Kangaroo’s 200 billion policy has already beco a torrential downpour.
The market’s response couldn’t be clearer.
Following the announcent of the 200 billion plan, the imdiate effect was a negative impact on real estate firms; those already struggling could barely hold on, and the sector descended into chaos.
Housing prices plumted in many regions.
After the collapse of Hengsheng Group, several other real estate companies began to implode as well.
And what has allowed Shenzhou to return to greatness among world nations in just a few decades?
The indispensable contribution of real estate!
At this mont.
Even though the broader public understands the governnt’s efforts to stabilize the real estate market, Kangaroo’s approach undeniably goes against the tide.
When standing from different vantage points, perspectives and considerations differ entirely.
From a corporate standpoint, this policy is about securing benefits for employees.
But when scaled to society as a whole, it might not be a blessing—it could very well evolve into a disaster.
These are not excessive warnings.
Water can carry a boat but can also capsize it.
Over-reliance can transform an asset into both a powerful tool and a glaring vulnerability.
Shenzhou’s economy was propped up by the rapid rise of the real estate sector, through one towering building after another. Even though there’s less dependency now, any shift must be gradual to avoid the catastrophe of a housing bubble burst.
The world offers countless examples of paying a heavy price for real estate collapses.
Take our neighbor Dongying, for instance.
Years ago, the dominant source of wealth for Dongying’s people was real estate.
But the outco was evident for all to see.
The real estate collapse evaporated Dongying citizens’ wealth, destroying the hard-earned savings of not just one, but several generations. The repercussions persist even today; Dongying has yet to fully recover from that disaster.
History is eerily repetitive.
If the real estate market collapses, Shenzhou is bound to follow in Dongying’s footsteps.
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