During the adjustment phase of the real estate market, migrant workers are often the first to be hit. In the past, many problems were temporarily hidden under the cover of high leverage and high growth. But now, with sluggish house sales and tight capital chains, the situation of migrant workers has become particularly difficult.

For ordinary people, the wise choice at this time is to stay away from high-risk projects as much as possible. When buying a house, be sure to choose real estate companies carefully, giving priority to high-quality companies with good reputation and stable operations, such as Vanke. Even civil servants feel the pressure in such an economic environment, and the situation of migrant workers is naturally more severe.

The economic downturn not only makes it difficult to find a job, but also makes it difficult to collect payments for signed work contracts. The phenomenon of dishonesty will become more common, and the risk of debt default is also rising. Therefore, we must learn to restrain our desire to consume, actively seek channels to increase income, and ensure that our credit records are good. After all, in this period, being able to live a stable life is the most important thing.

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