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禾略分享会 —— 中国城市化红利与四重维度看城市

发布于 2020-03-19

<p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">3月18日,万科举办了2019年业绩发布会,关于行业未来的发展趋势,郁总分享了四点,同大家分享一下观后感:</span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">1、总量规模,从增量到存量,需向</span><span style="color: rgb(123, 12, 0);"><strong><span style="font-family: 微软雅黑;font-weight: bold;">精益管理</span></strong></span><span style="font-family: 微软雅黑;">;</span></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">2、空间落位,从平衡到极化,需聚焦</span><span style="color: rgb(123, 12, 0);"><strong><span style="font-family: 微软雅黑;font-weight: bold;">都市圈开发</span></strong><span style="font-family: 微软雅黑;">,</span><strong><span style="font-family: 微软雅黑;font-weight: bold;">头部竞争</span></strong></span><span style="font-family: 微软雅黑;">时代到来;</span></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">3、客户需求,从简单到复杂,需挖掘不同</span><span style="color: rgb(123, 12, 0);"><strong><span style="font-family: 微软雅黑;font-weight: bold;">细分需求</span></strong></span><span style="font-family: 微软雅黑;">;</span></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">4、业务能力,从单一到全面,需匹配相应的</span><span style="color: rgb(123, 12, 0);"><strong><span style="font-family: 微软雅黑;font-weight: bold;">组织能力</span></strong></span><span style="font-family: 微软雅黑;">与管理架构等。<br /></span></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><br /></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">相信大家在日常的工作中,多多少少也听过不少类似的观点,郁总确实总结的非常到位,但具体到我们每个企业,仿佛需要思考的更深更细,这个逻辑体系可能只适合万科。<br /></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><br /></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">本期,禾略带来中国城市化红利与四重维度看城市两个课题分享,希望可以给到大家一些启发:<br /></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><br /></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;text-align: center;"><span style="color: rgb(0, 0, 0);font-size: 20px;"><strong>-&nbsp; PART 1</strong></span><span style="font-size: 17px;color: rgb(0, 0, 0);"><strong>&nbsp; -<br />中国城市化红利<br /></strong></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><br /></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;background-color: rgb(123, 12, 0);color: rgb(255, 255, 255);"><strong><span style="font-size: 15px;background-color: rgb(123, 12, 0);font-family: 微软雅黑;font-weight: bold;">观点一</span></strong></span><span style="font-size: 15px;color: rgb(123, 12, 0);"><strong><span style="font-size: 15px;color: rgb(123, 12, 0);font-family: 微软雅黑;font-weight: bold;"><span style="font-size: 15px;color: rgb(123, 12, 0);font-family: 微软雅黑;"><br />城市化将从</span>“大国大城”到“大国大中小城”,都市圈只是其中一种形态而已</span></strong></span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;"><span style="font-family: 微软雅黑;"><br />从欧美发达国家看,大国大城,并非是城市化的唯一方式,而是有三种不同的模式。</span><br />1、主流模式:大城优先(美国、日本、法国)<br />2、德国模式:中小城镇<br />3、英国模式:大中小城</span></p><p style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;">&nbsp;<br /></span></strong></span></p><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.5403128760529483" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9K1rzpsFYfSdc1JoWpvIpu2mTEjtxwhzDa22EeHFicCWf7zvuc4qNLUug/640?wx_fmt=png" data-type="png" data-w="831" style="" /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;"></span></strong></span><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">中国由于超过规模性及内部空间的不均衡发展,粗放的对标欧美都是不准确的。美国人口只有中国1/4,日本只有1/10,整体欧洲也只有1/2(欧州的第一强国德国,还没有一个河南省人口体量大)。<br /><br />这种规模体量的差异,将衍生出多元结构的空间发展体系空间,除此之外,还在政治及规划方面的因素,也是同欧美完全不同的,我们国家一直讲的是城镇化,而城市化,从导向上来说,更倾向于城、镇、乡三者的有机融合,并不是一味的大城市化。</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;">&nbsp;<br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.5439229843561973" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9K4XfQQF8qvfka9yEX2z3dIcibO5jPc2DvZdDzzUcz1ltfI0a79wYVXnQ/640?wx_fmt=png" data-type="png" data-w="831" style="" /></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.5222623345367028" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9KbXQhQ5NFDRsBDKqOChZWNicp7Ric7F8bAyJxo0SDH5AY4bRKhbHkKHEw/640?wx_fmt=png" data-type="png" data-w="831" style="" /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;"></span></strong></span><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;background-color: rgb(123, 12, 0);color: rgb(255, 255, 255);"><strong><span style="font-size: 15px;background-color: rgb(123, 12, 0);font-family: 微软雅黑;font-weight: bold;">观点二</span></strong></span><span style="font-size: 15px;color: rgb(123, 12, 0);"><strong><span style="font-size: 15px;color: rgb(123, 12, 0);font-family: 微软雅黑;font-weight: bold;"><br />城市化的红利依然很大,城市分化加强,大多数区域增量依旧可观<br /><br /></span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">红利是过去房地产开发最核心的驱动因子,随着2015年刘易斯拐点的出现,不断有声音质疑中国潜在的城市化红利,可以从以下三个方面去解读——</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">1、<span style="font-family: 微软雅黑;">美好生活愿望下,住宅需求缺口红利;</span></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">2、<span style="font-family: 微软雅黑;">适龄人口城市化红利;</span></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">3、<span style="font-family: 微软雅黑;">土地空间配套落地城市化红利。<br /><br /></span></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">以需求缺口红利为例,可以假设人均35平商品住房需求,考虑2000以后的商品住房总销量,就可以得出潜在总缺口,当然能落位到城市更好。</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;">&nbsp;<br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.5439229843561973" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9K1eNWadYPnJTTyBVvVpRTuiahiaS5TSIHVAycGm17eibn0fHIEUCBfh9bw/640?wx_fmt=png" data-type="png" data-w="831" style="" /><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;"></span></strong></span><br /><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;"></span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;background-color: rgb(123, 12, 0);color: rgb(255, 255, 255);"><strong><span style="font-size: 15px;background-color: rgb(123, 12, 0);font-family: 微软雅黑;font-weight: bold;">观点三</span></strong></span><span style="font-size: 15px;color: rgb(123, 12, 0);"><strong><span style="font-size: 15px;color: rgb(123, 12, 0);font-family: 微软雅黑;font-weight: bold;"><span style="font-size: 15px;color: rgb(123, 12, 0);font-family: 微软雅黑;"><br />企业发展核心从</span>“滚雪球”到“风险控制”,用能力去匹配规模,而非速度</span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;"><br />过去的成功,可能更多来自于市场高速增长,未来在结构分化的背景下,选城以及时机,产品的匹配将更为关键,这也是过去这两年特别多地王项目被套的原因。</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;">&nbsp;<br /></span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.54632972322503" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9KkYeictqbD8hibKoEN6cXssE0Z1TSQLjsrTNicYYAg1H8FAibaUoIH5l76w/640?wx_fmt=png" data-type="png" data-w="831" style="" /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;"></span></strong></span><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">未来,我们应该更加理性,借助一些工具提高我们的准确率,比如房价是高了?还是低了?</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">&nbsp;<br /></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.5607701564380265" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9KEpAXTZfHmbcrLEopr45aCwRPECtjNVmoJFYIO6FibjnQKc8oOz5dWpg/640?wx_fmt=png" data-type="png" data-w="831" style="" /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;"></span><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;background-color: rgb(123, 12, 0);color: rgb(255, 255, 255);"><strong><span style="font-size: 15px;background-color: rgb(123, 12, 0);font-family: 微软雅黑;font-weight: bold;">观点四</span></strong></span><span style="font-size: 15px;color: rgb(123, 12, 0);"><strong><span style="font-size: 15px;color: rgb(123, 12, 0);font-family: 微软雅黑;font-weight: bold;"><br />房地产行业并非工业品,行业集中度面临拐点,大可能小</span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;"><br />对于行业集中度的问题,很多大咖说对标空调和手机等行业,行业集中度提升是必然趋势,top10最高可以有60%、70%,可能是因为他们是top10的缘故吧,潜台词就是:你们把地交出来给我开发最合适,你早晚都得离开行业。<br /><br /></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">土地是有独特性,它并不是空调与手机等工业品,可以高标准+无限量的复制,同时城市是存在分化的。3年前同样的100亿,泰禾在深圳现在还没销售,而如果是在广州/成都/西安/临沂等城市销售额应该200亿了。<br /><br /></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-family: 微软雅黑;font-size: 15px;">具体对标下美国,行业集中度并没有持续提高。</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;">&nbsp;</span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.5174488567990373" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9K4Tq2EjjRU2roC5UfpkOW0dHjVkAnhOseWQMCDToXhKQswSCx0GX01g/640?wx_fmt=png" data-type="png" data-w="831" style="" /></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-align: left;margin-left: 8px;margin-right: 8px;"><span style="color: rgb(0, 0, 0);font-size: 15px;">上文主要从宏观角度去看待中国城市化空间红利,如何选择城市,下面禾略将从中观角度去思考如何看城市。</span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;"></span></strong></span><br /></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><span style="color: rgb(0, 0, 0);font-size: 20px;"><strong>-&nbsp; PART 2</strong></span><span style="font-size: 17px;color: rgb(0, 0, 0);"><strong>&nbsp; -<br />四重维度看城市<br /></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;text-align: left;"><span style="color: rgb(0, 0, 0);font-size: 15px;"></span><span style="font-size: 15px;color: rgb(123, 12, 0);"><strong><span style="font-size: 15px;font-family: 微软雅黑;font-weight: bold;"><span style="font-size: 15px;font-family: 微软雅黑;"><br />看待城市需要有时间</span>*</span></strong><strong><span style="font-size: 15px;font-family: 微软雅黑;font-weight: bold;">空间*结构等多个维度综合研判,并非只有好坏<br /><br /></span></strong></span><span style="font-family: 微软雅黑;font-size: 15px;">每个城市都不是独立的存在,仿佛一个生命体,有过去有未来、有身高有体重、还有亲朋好友。可以分为以下四个角度:</span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">1、<span style="font-family: 微软雅黑;">城市变化,从过去到未来</span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">2、<span style="font-family: 微软雅黑;">城市特征,从规模到质量</span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">3、<span style="font-family: 微软雅黑;">外部关系,从城市到城市群</span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">4、<span style="font-family: 微软雅黑;">内部关系,从乡村到城市<br /><br /></span></span><span style="font-family: 微软雅黑;font-size: 15px;color: rgb(123, 12, 0);"><strong>不同等级的城市,其潜在需求容量及结构特征都是不同的。</strong><br /></span><br /></section><section style="margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;font-family: 微软雅黑;"><span style="font-family: 微软雅黑;"></span></span></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;"><span style="font-family: 微软雅黑;">为了发现其中的规律,我们根据城市发展三要素:<strong>人口、土地、资金</strong>,将全国288个城市做了以下的等级分类(2018年版)。<br /></span></span><br /></section><section style="margin-left: 8px;margin-right: 8px;"><img class="rich_pages js_insertlocalimg" data-ratio="0.5625" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9KeKZSd8xibfawesFCsmGFB3QbAD313gbP5wVOtvC3txfKz2LpHQqYaZA/640?wx_fmt=png" data-type="png" data-w="1280" /></section><section style="text-align: right;margin-left: 8px;margin-right: 8px;"><span style="font-family: 微软雅黑;color: rgb(136, 136, 136);font-size: 12px;">注:标红城市为粤港澳大湾区城市</span><br /></section><section style="margin-left: 8px;margin-right: 8px;"><br /></section><section style="text-indent: 0px;text-align: left;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><strong><span style="font-size: 15px;font-family: 微软雅黑;">从<span style="font-size: 15px;font-family: 微软雅黑;">成交总额看:</span></span></strong><span style="font-size: 15px;font-family: 微软雅黑;"><span style="font-size: 15px;font-family: 微软雅黑;"></span>强三线-一线城市商品房成交总额呈快速增长趋势,这很好的解释前几年二三线城市房价涨势凶猛;<br /><strong>从成交结构看:</strong>四线-二线城市<span style="font-size: 15px;font-family: 微软雅黑;">商品房</span>成交面积增长快,强二线-一线<span style="font-size: 15px;font-family: 微软雅黑;">商品房</span>价格增长快。<br /></span></section><p style="margin-left: 8px;margin-right: 8px;"><br /></p><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.41354166666666664" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9KcApU56EKQia9tKVQOleSmF4JnicPg74RY7BmpLAy2fHhhPQ3T2icS6mTw/640?wx_fmt=png" data-type="png" data-w="1920" style="" /></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><strong><span style="font-family: 微软雅黑;font-size: 15px;color: rgb(123, 12, 0);">以规模与质量角度为例,规模往往匹配需求容量,而水平往往匹配城市价格。</span></strong><span style="font-size: 15px;font-family: 微软雅黑;"><span style="font-family: 微软雅黑;"><br /><br />所以看到下面这张图,就很好理解为啥重庆房价不高,但全市销售量</span>5000多万平;而厦门这类城市销量只有200-300万平,但价格可以是一线城市的价格。</span></section><section style="margin-left: 8px;margin-right: 8px;"><span style="font-size: 15px;"><strong><span style="font-family: 微软雅黑;font-weight: bold;">&nbsp;</span></strong></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><img class="rich_pages js_insertlocalimg" data-ratio="0.5625" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9Khgt6iboiczBicma7K3icCEGYoE1pyRQibGLmnvkjhW4jnRic639xMsFHe7EA/640?wx_fmt=png" data-type="png" data-w="1280" style="" /><br /></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">从“城市化&amp;产业化”视角,中国城市可以分为三类——<strong>全球城市、中国城市/区域中心、乡土中国</strong>,房地产业在每一类城市的使命不尽相同。<br /></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;"><br /></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;font-family: 微软雅黑;">综合来看:<br /><span style="color: rgb(123, 12, 0);"><strong>乡土中国:准+快</strong></span><br />以“住房”为主的城市化机会,需找到潜在需求多的地方;<br /><span style="color: rgb(123, 12, 0);"><strong>中国城市:居住+IP</strong></span><br />以“产业+消费”为主的城市郊区化机会,需匹配政府城市化,居民消费多元化的需求;<br /><span style="color: rgb(123, 12, 0);"><strong>全球城市:金融+运营</strong></span><br />以城市的“质量+商办产业物业等运营”为主的都市化机会,需关注对外影响力,对内的可持续性。<br /><br /></span></section><section style="text-align: center;margin-left: 8px;margin-right: 8px;"><img class="rich_pages" data-ratio="0.46526655896607433" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9K1jiabz9ibftmbDrzkc4uwXJOkOr7WmCjuTYcv4lsClafM9pxdibCaSvHA/640?wx_fmt=png" data-type="png" data-w="1857" style="" /></section><section style="margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><br /></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;"><span style="font-size: 15px;"><span style="font-family: 微软雅黑;">此次分享内容就到这里,一句话概括今天的分享感受:</span><strong><span style="font-family: 微软雅黑;font-weight: bold;">大佬说的我并不知道对错,但渴望自己能有独立的判断能力,并在此基础上形成自己的行动。<br /><br /></span></strong></span></section><section style="text-indent: 0px;margin-left: 8px;margin-right: 8px;line-height: 1.75em;text-align: center;"><span style="font-family: 微软雅黑;font-size: 15px;color: rgb(123, 12, 0);"><strong style="margin: 0px;padding: 0px;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word !important;"><span style="font-family: 微软雅黑;font-size: 15px;color: rgb(123, 12, 0);margin: 0px;padding: 0px;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word !important;">↓↓↓ 戳原文链接,可观看本次直播录屏 <span style="font-family: 微软雅黑;font-size: 15px;color: rgb(123, 12, 0);"><strong style="margin: 0px;padding: 0px;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word !important;"><span style="font-family: 微软雅黑;font-size: 15px;color: rgb(123, 12, 0);margin: 0px;padding: 0px;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word !important;">↓↓↓</span></strong></span><br /><br /></span></strong></span></section><p style="font-variant-numeric: normal;font-variant-east-asian: normal;white-space: normal;text-align: center;line-height: 1.75em;letter-spacing: 0.54px;min-height: 1em;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;margin-left: 16px;margin-right: 16px;"><span style="box-sizing: border-box;color: rgb(178, 178, 178);font-size: 14px;max-width: 100%;overflow-wrap: break-word;">——&nbsp; 广告时间&nbsp; ——</span></p><section style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0px;letter-spacing: normal;clear: both;font-size: 17px;font-style: normal;font-variant: normal;font-weight: 400;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><br /></section><p style="text-align: center;"><img class="rich_pages" data-ratio="1.788" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9KFBR3DPxgnAt6ys5OB3cpUKVYj2fXPrkooNYAialtwA4boNeM1ggkVhg/640?wx_fmt=png" data-type="png" data-w="500" style="" /></p><section style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 15px;margin: 0px;padding: 0px;"><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"><span style="background: white none repeat scroll 0% 0%;box-sizing: border-box;color: rgb(131, 60, 11);font-family: 微软雅黑, sans-serif;letter-spacing: 0.5px;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"><br />-&nbsp;&nbsp; 分享内容&nbsp;&nbsp; -</span></strong><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"></strong></span></section><section style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="box-sizing: border-box;font-size: 15px;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"></span><span style="box-sizing: border-box;font-family: 微软雅黑, sans-serif;font-size: 15px;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;">宁波人口迁移<br />成都土地价值演变<br />城市产品线划分方法</span><span style="box-sizing: border-box;font-size: 15px;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"></span></section><section style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 15px;margin: 0px;padding: 0px;"><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"><span style="box-sizing: border-box;font-family: 微软雅黑, sans-serif;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;">&nbsp;</span></strong><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"></strong></span></section><section style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 15px;margin: 0px;padding: 0px;"><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"><span style="background: white none repeat scroll 0% 0%;box-sizing: border-box;color: rgb(131, 60, 11);font-family: 微软雅黑, sans-serif;letter-spacing: 0.5px;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;">-&nbsp;&nbsp; 分享时间&nbsp;&nbsp; -</span></strong><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"></strong></span></section><section style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="box-sizing: border-box;font-family: 微软雅黑, sans-serif;font-size: 15px;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;">&nbsp;2020年3月19日 20:00-21:00</span></section><section style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 15px;margin: 0px;padding: 0px;"><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"><span style="box-sizing: border-box;font-family: 微软雅黑, sans-serif;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;">&nbsp;</span></strong><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"></strong></span></section><section style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 15px;margin: 0px;padding: 0px;"><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"><span style="background: white none repeat scroll 0% 0%;box-sizing: border-box;color: rgb(131, 60, 11);font-family: 微软雅黑, sans-serif;letter-spacing: 0.5px;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;">-&nbsp;&nbsp; 分享入口&nbsp;&nbsp; -</span></strong><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"></strong></span><br /></section><p style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><img class="rich_pages" data-ratio="1.0096153846153846" data-s="300,640" data-src="https://mmbiz.qpic.cn/mmbiz_png/AJkYaTAujIzDpyR9ic0z6Q76gl8qn9ia9KjJp3ReuoMScN9gJMkVYWWpYu3oiaxHCibTiaKScpy72XKebl1tlib9kc8w/640?wx_fmt=png" data-type="png" data-w="208" style="width: 166px;height: 168px;" /></p><p style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><span style="font-size: 15px;margin: 0px;padding: 0px;"><strong style="box-sizing: border-box;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"><span style="font-size: 15px;margin: 0px;padding: 0px;background: white none repeat scroll 0% 0%;box-sizing: border-box;color: rgb(131, 60, 11);font-family: 微软雅黑, sans-serif;letter-spacing: 0.5px;max-width: 100%;overflow-wrap: break-word;">禾略城市研究分享2群</span></strong></span><span style="box-sizing: border-box;color: rgb(123, 12, 0);font-size: 15px;font-weight: 700;letter-spacing: 0.54px;margin: 0px;max-width: 100%;overflow-wrap: break-word;padding: 0px;"><span style="background-color: rgb(255, 255, 255);color: rgb(123, 12, 0);display: inline;float: none;"><br /></span></span></p><p style="margin: 0px 8px;padding: 0px;text-align: center;color: rgb(51, 51, 51);text-transform: none;line-height: 1.75em;text-indent: 0em;letter-spacing: 0.54px;font-size: 17px;font-style: normal;font-variant: normal;font-weight: normal;text-decoration: none;word-spacing: 0px;white-space: normal;max-width: 100%;box-sizing: border-box;-webkit-text-stroke-width: 0px;overflow-wrap: break-word;background-color: rgb(255, 255, 255);"><br /></p><section style="font-variant-numeric: normal;font-variant-east-asian: normal;white-space: normal;text-align: center;line-height: 1.75em;letter-spacing: 0.54px;min-height: 1em;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;margin-left: 16px;margin-right: 16px;"><span style="box-sizing: border-box;color: rgb(178, 178, 178);font-size: 14px;max-width: 100%;overflow-wrap: break-word;">——&nbsp; END&nbsp; ——<br style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;" /></span></section><section style="font-variant-numeric: normal;font-variant-east-asian: normal;white-space: normal;text-align: center;line-height: 1.75em;letter-spacing: 0.54px;min-height: 1em;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;margin-left: 16px;margin-right: 16px;"><br /></section><section style="font-variant-numeric: normal;font-variant-east-asian: normal;white-space: normal;text-align: center;line-height: 1.75em;letter-spacing: 0.54px;min-height: 1em;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;margin-left: 16px;margin-right: 16px;"><span style="box-sizing: border-box;font-size: 12px;max-width: 100%;overflow-wrap: break-word;">猜你想再看<br style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;" /></span></section><section style="font-variant-numeric: normal;font-variant-east-asian: normal;text-indent: 0em;white-space: normal;text-align: center;line-height: 1.75em;letter-spacing: 0.54px;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;background-color: rgb(255, 255, 255);margin-left: 16px;margin-right: 16px;"><br /></section><section style="font-variant-numeric: normal;font-variant-east-asian: normal;text-indent: 0em;white-space: normal;text-align: left;line-height: 1.75em;letter-spacing: 0.54px;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;background-color: rgb(255, 255, 255);margin-left: 16px;margin-right: 16px;"><span style="font-size: 12px;"><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">城市:</span></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">|&nbsp;</span></span><span style="box-sizing: border-box;font-size: 12px;max-width: 100%;overflow-wrap: break-word;"><a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831649&amp;idx=1&amp;sn=191239418c15b0c6f395c843415da5fd&amp;chksm=8351793eb426f028970ac64031955167bfde997cdc96375bfb3bce25b5076f1458e11be2be27&amp;token=217203186&amp;lang=zh_CN&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">徐州</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831649&amp;idx=4&amp;sn=3a8acfb05820bbd38cd7b15a58e92ec9&amp;chksm=8351793eb426f028dfd96ec6ffc5239a84aaf25b6643813aa6b4a597b9a3215e7ab25e2b4eaf&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">宿迁</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831649&amp;idx=3&amp;sn=1fcdc66fac79d5ba9504bc24314a14f9&amp;chksm=8351793eb426f02829eef9ba1dfcb8c3e91edb05d3c1d34c548b82f618928834f1da5907d2e7&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">淮北</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831649&amp;idx=2&amp;sn=18d65f24543e71ff6bc70eb1cb0a7bde&amp;chksm=8351793eb426f028b98805f0f7555bfc57e3aefe6c76e7ca8df0369ad5dcc4a593a011a9b029&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">唐山</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831649&amp;idx=5&amp;sn=9f550e5d1f6bd3becc92df723adedd61&amp;chksm=8351793eb426f0289523b13ecd4fcb3d227a3cb259a09e504d388ace5a5eb25ece3aecfe8d46&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">天津</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831491&amp;idx=4&amp;sn=4c4fb5ce9d25c1fe6012d719c5878c82&amp;chksm=8351799cb426f08a8a6b9f35c8db84ceac56401b6da4a6429d1bc5e3339251db372a5045c242&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">深汕</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831603&amp;idx=5&amp;sn=c2d8bae147d4a2d86ec992c50c39ddad&amp;chksm=8351796cb426f07a50b1acbe92593aabba12c3fb95e9966d93ecad99918dbcf654b9ce767405&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">哈尔滨</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831491&amp;idx=3&amp;sn=1e787f725d62f227dbc6c33d0b9ea3eb&amp;chksm=8351799cb426f08accd8896c160b37e7a4436d21e1fbf2cc596763115db5ef6e04dc914ce478&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">兰州</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831603&amp;idx=4&amp;sn=048088acd651254d77cc238d71b1af04&amp;chksm=8351796cb426f07a7c36e33460f244db68a856502151c73820b314470b7e24412b9a8b6dcd5b&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">常德</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831491&amp;idx=2&amp;sn=b6295a149a38a026e886d81014b568f3&amp;chksm=8351799cb426f08a8a8d7adbd8721956fd91c59be8bd1ec35d4f9963a11e7e67bee72cd49405&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">南宁</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831603&amp;idx=8&amp;sn=0efaff09c26e604d7aa5c29376c129ad&amp;chksm=8351796cb426f07abb37dd11a0cfe941868be2b543feebf288460418759254327292658947ae&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">桂林</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831603&amp;idx=3&amp;sn=12f08ffb076544edcbc24e91bc3d87d7&amp;chksm=8351796cb426f07a1cd4530a9033d462d4732c500dcdda723bdc3a87f4d55f1c62f657a4cb77&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">柳州</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831603&amp;idx=6&amp;sn=0a89c4ab17039cec25754aa111b87308&amp;chksm=8351796cb426f07a6fdc14a1c0e877928f2fa46798a8b592b2b2023ad1c65081bbc80b2fafad&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">蚌埠</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831603&amp;idx=7&amp;sn=1bc72e377ffc3b621c2886d68c437515&amp;chksm=8351796cb426f07adc8c50a3e1409197892c508ad9c27a6b52f8e4dde12740baf5674f5a7fa6&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">合肥</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831491&amp;idx=1&amp;sn=10e3d481f7fd0ff46dafe2648cd3ddfb&amp;chksm=8351799cb426f08a5118705d6b85487fa97dd013a2aee842be719ee13086aab8dee370b54185&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">南京</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831603&amp;idx=1&amp;sn=9ffda0c7d9667d6700966a8bab12eccf&amp;chksm=8351796cb426f07a4e94a2471b2d59264ed4460e0567c63095fad9c5704541a546d7bc23584a&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">上海临港</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831065&amp;idx=1&amp;sn=2ffb60d98d02ebcab655c55d34d0acbf&amp;chksm=83517746b426fe509cc721e0e3acf05fd1f60b8695dc3b66c08c0a7aa917e7471b013b02c2c2&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">太原</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830804&amp;idx=1&amp;sn=f571d8218b897b21571a6b2f497d3a1b&amp;chksm=8351744bb426fd5d509591673f4082563a02342283f53dfda255ad33304e6746d6448051b9ea&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">温州</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830454&amp;idx=1&amp;sn=4e7c3289190e2a69c5fb20f2ae8a6d94&amp;chksm=835175e9b426fcffa5f65cafe5274b1c296caf1a51e13ef4c7920c5a18847bef3c7b13c2bfd0&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">昆明</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830295&amp;idx=1&amp;sn=f680ffa2ddf52783e9a7730971520d48&amp;chksm=83517248b426fb5e0efc1e5c62d15b173e4d23ab7aafaab82c6ce861e98d96271fe5dc7db798&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">嘉兴</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830278&amp;idx=1&amp;sn=8441ac780477cd9def8d4e9d7866f143&amp;chksm=83517259b426fb4f93ff50f1c07d7b830f16ec4d1e0c23f64ef15a78a056ae301274ffbb8ec3&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">重庆</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830196&amp;idx=1&amp;sn=7a599cf338734c1d41c6fa16005b1641&amp;chksm=835172ebb426fbfdda6873adbeddc124ae670de675a7c36d11977106150a1d924572ea70f299&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">成都</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830221&amp;idx=1&amp;sn=f5994dbfe9fa00ffce4b5be1a69f3244&amp;chksm=83517292b426fb8419e771cf48ea94de01fc7dc909b4e8c2759c6423b8be6080bc5bd1c248cc&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">深圳</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649829995&amp;idx=1&amp;sn=cd78421e4f2e724f552f8eefc65e0236&amp;chksm=835173b4b426faa26aed46ed566bc1f8ffa11498370fed14fa9d0690795a3eff5a186c63a03d&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">上海</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649829512&amp;idx=1&amp;sn=421f2b766d75009082de8fc1e81cd8d2&amp;chksm=83517157b426f84197c93fd852a3e3f93019c9d81e099784ad0aa09f326ca9dd33a0edb7cfd7&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">珠三角</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649829480&amp;idx=1&amp;sn=c77baf137c109f1017170a708548d37b&amp;chksm=835171b7b426f8a1d942708988b8f4bd875366f5928d1db99470ccad6958aa0c8cd47b292c23&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">雄安新区</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=401964235&amp;idx=1&amp;sn=8839375241e6a7e69f49aec108ca1ad6&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">无锡</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=203026648&amp;idx=1&amp;sn=466dca69ff3eb746e2e5c21831d57f0f&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">北京</a>&nbsp;|&nbsp;<br style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;" /></span></section><section style="font-variant-numeric: normal;font-variant-east-asian: normal;text-indent: 0em;white-space: normal;text-align: left;line-height: 1.75em;letter-spacing: 0.54px;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;background-color: rgb(255, 255, 255);margin-left: 16px;margin-right: 16px;"><span style="font-size: 12px;"><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">热点:</span></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">|&nbsp;</span></span><span style="box-sizing: border-box;font-size: 12px;max-width: 100%;overflow-wrap: break-word;"><a href="http://mp.weixin.qq.com/s?__biz=MzIxMTUxMzE2Mw==&amp;mid=2247485505&amp;idx=1&amp;sn=90a4482d0ec14f8a4d441f77c653806c&amp;chksm=97557265a022fb7385559a6648c54242c721582b3811ad664360ea1e6f562f0f62264852c20c&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" data-itemshowtype="0" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">深圳土拍</a></span><span style="font-size: 12px;"><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">&nbsp;</span></strong><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">|&nbsp;</span></span><span style="box-sizing: border-box;font-size: 12px;max-width: 100%;overflow-wrap: break-word;"><a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831957&amp;idx=1&amp;sn=a889b497d60264ef90aea585e4d4556f&amp;chksm=83517bcab426f2dc5e2b3778bc8e8834b453c4eac98c490ebeb525c4a5b01093fe602418b8fb&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;overflow-wrap: break-word;">美国地产</a>&nbsp;|&nbsp;</span><a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649831073&amp;idx=1&amp;sn=b9e813dced68e2e1397bd2cc2b6d05c7&amp;chksm=8351777eb426fe68993e996d9312897701ad0e93a7703c5d719dc20ebf09a1b0c6715f502e4d&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;font-size: 12px;max-width: 100%;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">长租公寓</span></a><span style="box-sizing: border-box;font-size: 12px;max-width: 100%;overflow-wrap: break-word;">&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830578&amp;idx=1&amp;sn=73f5149b299d5ce19a433c365eedee83&amp;chksm=8351756db426fc7b173558a1765830766ec5f7fb387e652250f10a106ef6490821f809722cfb&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">中美贸易战</a>&nbsp;|&nbsp;<a href="http://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830503&amp;idx=1&amp;sn=2fae9eec64a6ed71f0c4ee9e4e9bafe7&amp;chksm=835175b8b426fcaec41bb2a484ef939ac78474c77acde2d96a6f7f8b61a0f4ade630c13e7f90&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">粤港澳</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830398&amp;idx=1&amp;sn=ffd40b9cb7730bd712d8f053280d6fa9&amp;chksm=83517221b426fb37e97b45db61547227724f5a09e6a2a0484a55475066ac41fc1b0165954d0d&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">万科商业</a>&nbsp;|&nbsp;<a href="https://mp.weixin.qq.com/s?__biz=MzAxMDEzOTgyNA==&amp;mid=2649830360&amp;idx=1&amp;sn=3cea24af7ebf848fde74c52538f111e5&amp;chksm=83517207b426fb11a1ae1c301117e9626ba09012aa9d8b4d8f722e45423ecb7e63987f50bec5&amp;scene=21#wechat_redirect" target="_blank" data-linktype="2" style="box-sizing: border-box;cursor: pointer;max-width: 100%;outline: 0px none currentcolor;overflow-wrap: break-word;">2018年走势</a>&nbsp;|<br style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;" /></span></section><section style="font-variant-numeric: normal;font-variant-east-asian: normal;text-indent: 0em;white-space: normal;text-align: left;line-height: 1.75em;letter-spacing: 0.54px;max-width: 100%;box-sizing: border-box;overflow-wrap: break-word;background-color: rgb(255, 255, 255);margin-left: 16px;margin-right: 16px;"><span style="font-size: 12px;"><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"><span style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;">专业:</span></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong style="box-sizing: border-box;max-width: 100%;overflow-wrap: break-word;"></strong><strong 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