银行行长透露：房子和车子都会贬值，未来手握这“两样”让人安心

Group 1: Economic Overview - The future expectation is that cash will depreciate rapidly due to severe domestic currency overproduction, with M2 reaching 330 trillion, double that of the US and more than the combined total of Europe and Japan [2] - Despite the expectation of inflation, the economy is currently in a deflationary cycle, with CPI down 0.1% year-on-year in the first half of the year, indicating a trend of stable but declining prices [2] - The lack of rapid depreciation of currency is attributed to two main reasons: insufficient confidence among businesses and consumers leading to a shrinking loan market, and a weak real economy causing reduced consumer income and spending power [2] Group 2: Real Estate Market - Since 2022, domestic housing prices have entered a long-term adjustment phase, with declines observed in second and third-tier cities, and first-tier cities like Shanghai and Shenzhen also experiencing price drops [5][7] - In Shanghai, housing prices have fallen from over 90,000 yuan per square meter to over 60,000 yuan, a decline exceeding 30%, with expectations of further decreases as prices return to reasonable levels [5][7] - The decline in housing prices is driven by three factors: extensive real estate regulation since 2016, reduced consumer income and purchasing power, and a prolonged decline in prices leading to a lack of investment appeal [7] Group 3: Automotive Market - The automotive market is experiencing a price drop, with some models from brands like Honda and Chevrolet seeing reductions of over 60,000 yuan, while domestic brands like Geely and BYD are also engaging in price promotions [6][9] - Average price reductions in the automotive sector range from 20,000 to 30,000 yuan, with some models dropping from 220,000 yuan to 180,000 yuan, indicating a continuing price war in the coming years [6][9] - Factors contributing to the decline in automotive prices include an oversupply due to the influx of electric vehicles, reduced purchasing plans among middle-income consumers, and increased competition from tech companies entering the automotive sector [9]