F2F Class Notes (Tibo) [S]

Have a lot of conferences and deal with some paperworks.
I attend some and speak at some.
Present some projects consequences / results and discuss how to do other projects.
Im focused on BI in financial industry. I have to read a lot of numbers.

For me I feel it’s ok but I feel it improved.
I don’t think it’s a problem because if someone wants to buy a house they can figure it out. I don’t agree that most young people can’t afford a house. Work hard, make more money. In the suburb, maybe 2,000,000 to 3,000,000. In downtown maybe 5 to 6m. The house is about 60 square meter. We can get a loan, we need to pay 30% the first time. I don’t think it’s quite a huge number. I don’t like my parents to pay for it. Because the money is made by my parents and they have spent their whole life to earn it, it’s not fair for them.

I think the price of house will keep high but will not increase in high speed and in the future maybe more people will rent a house then buy a house I think. In future maybe 30-40 year this kind of model will be popular in single people.
Because our generation still have the traditional ideas about having your own house and your house is your family. The house is the most important part of family. I think this mindset is changing in a low speed. I don’t think our generation will change it totally.

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I had/I attended a lot of conferences and dealt with some paperwork.
I attended some and spoke/presented at some.
I presented some projects consequences / results and discussed how to do other/future projects.
I’m focused on BI in the financial industry. I have to read a lot of numbers.

For me I feel it’s ok but I feel it improved.
I don’t think it’s a problem because if someone wants to buy a house they can figure it out. I don’t agree that most young people can’t afford a house. Work hard, make more money. In the suburb, maybe 2,000,000 to 3,000,000. downtown/in the city center maybe 5 to 6m for a 60sq2 house. We can get a loan, we need to pay a 30% downpayment. I don’t think it’s a big number.I don’t want my parents to pay for It/I don’t like it if my parents have to pay for it. Because the money is made by my parents and they have spent their whole life to earn it, it’s not fair for them.

I think the price of house will remain/stay high but will not increase quickly and in the future maybe more people will rent a house than buy a house I think. In the future in about 30-40 years this kind of model will be popular among single people.
Because our generation still has traditional ideas about having your own house and that your house represents your family. The house is the most important part of family. I think this mindset is changing slowly/ gradually changing. I don’t think our generation will change it totally.

Vocabulary

real estate / land or house
Tom work is a real estate agent
Investing in real estate is not very liquid.

suburb / opposite of city center
The price of houses is cheaper in the suburb.

liquidity of an asset / how easy it is to sell
A house is not a liquid asset, on the contrary cash is extremely liquid

downpayment / the amount you have to pay right away
When I bought a house I had to pay 30% as a downpayment and I took a loan for the remaining 70%,

liquid / something that behaves like water….
The soup was too liquid for me…
The ice cream had already melted and was too liquid to eat.

then / at that time
I put on my jacket, then I go out

than (comparison)
Tom is taller than Jim

to keep (hold) / to remain (stay the the same)
I can keep this for you.
It will remain with me.

mindset / a way of think
The mindset of the new generation is to spend money as they earn it

Grammar

no article (a/the) before a name
I went to a/the hospital yesterday
I went to Huashan hospital yesterday.
I work in a bank
I work in ICBC