The more likely case here is that wage growth picks up gradually as the demand for labour strengthens. Globally, an alternative scenario is that the period of slow wage growth turns out to be much more persistent, partly for the reasons that I discussed earlier. In this scenario, wages growth eventually picks up, but it takes quite a while longer.
The underlying assets of trust funds used for real estate development are illiquid, difficult to price and have relatively high demands on risk-taking capacity of the entrusters. Therefore, this type of financing products shall mainly target qualified investors.