Rebirth of Hong Kong 1981
Page 804
At the same time, the island government has put a heavy hand on dealing with land speculation, adding heavy taxes, special land retention taxes and other policies, and a series of macro-control policies, which have a great impact on the real estate industry. "
"However, boss, I think this round of macro-control by the island government is doomed not to last for too long, let alone curb the rising trend of housing prices.
The economy of the island country is growing rapidly. Because of the impact of the oil crisis, the island country government has to relax restrictions on the financial industry. The loose policy of the financial industry has a direct impact on the previous policies implemented by the island country in the real estate industry. "
"Affected by the oil crisis, global economic development has slowed down. As a country that relies on trade for export, island countries have been greatly restricted in domestic and foreign investment. They can only invest in real estate, which is a traditional value-preserving industry."
"In this way, a new round of housing price increases in the island country is bound to come soon."
Yang Chen flipped through the information in his hand, handed it to the beautiful woman beside him, picked up the teacup, took a sip of tea, and asked Li Guowei who had finished speaking, "In your personal opinion, there is room for real estate appreciation in the island country in the future?" how many?"
"I think it should be in line with the growth rate of housing prices in the island country in the 60s, which is about 20.00% year-on-year. Now that the island country has entered the industry of a developed country, the people at the bottom are not short of money.
Now the entertainment industry in the island country is extremely developed, and many young people in the island country are no longer working in traditional industries. In the next few years, if the global economy does not change too much, in four to five years, I think the island country Housing prices in first-tier cities should double. "
Hearing this, Yang Chen couldn't help shaking his head. If according to Li Guowei's calculation, it would take four or five years for the first-tier cities in the island country to double, then he wouldn't have to go to war at all.
Two years later, the yen appreciated, and in the next few years, house prices in the first-tier cities of the island country rose by two or three times.
Perhaps these two or three times do not seem like much, but with the appreciation of the yen, it is very scary.
Just imagine, a building worth one billion yen in Tokyo, at the current average exchange rate of 250:1 for the yen to the dollar, is about 400 million dollars in dollars.
With the signing of the Plaza Accord two years later, the exchange rate between the yen and the U.S. dollar changed from 250:1 to 120:1 in less than three years, doubling its value.
According to the standard of at least twice the house price appreciation in the first-tier cities of the island country, the original building worth one billion yen doubled the house price, and the one billion yen became 30 billion yen.
30 billion yen, plus the appreciation of the Japanese currency, 400 million US dollars has become 500 million US dollars, a full five to six times in the middle.
With a profit of 5.00%, it is not difficult to imagine why the islanders would crazyly think that their country can finally get rid of the control of the United States after the appreciation of the yen, and some people even dream of directly waving banknotes to occupy the United States peacefully.
The word nouveau riche, in the 80s, was used by Europeans and Americans to describe islanders.
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(To be continued)
Chapter 877 $300 billion plan
Seeing Yang Chen shaking his head, Li Guowei was a little confused.
Li Guowei wanted to say something, but was asked by Yang Chen.
"I asked you to contact several major consortiums in the island country before, how did you contact them, and how did they respond?"
"Boss, so far, the presidents of the Mitsui, Mitsubishi, Sumitomo, and Fuji foundations in the island country have made it clear that you are welcome to go to the island country to meet and talk with them in the near future."
"Among them, the former old president of the Sumitomo Foundation, he asked the president of Sumitomo to hand me an invitation in person. He hoped that the boss would go to the Sumitomo family in person after arriving in the island country."
In island countries, consortiums are also called plutocrats.
Since the island country ended its closed-door policy and started the industrial revolution, the plutocratic forces have always played a very important role in the island country.
The plutocrats in the island country are similar to the state-owned enterprises in the interior, the only difference is that one of them belongs to private individuals and the other belongs to the state.
There are a large number of enterprises in the island country, which are controlled by these chaebols. The influence of the chaebol power in the island country on its own economy has always existed and has not changed.
Since the end of World War II, during the rapid economic growth of the island country, although the monopoly of the chaebol has been weakened, the strong family inheritance system within the Japanese conglomerate has not changed at all.
The characteristic and core of the current consortium in the island country is that a stable super-large enterprise acts as the parent company, and the parent company owns a large share of direct subsidiaries and affiliated companies, and implements vertical leadership.
Many subsidiaries and affiliates also hold shares in the parent company, creating a close and mutual ownership relationship.
Such as Toyota, Hitachi and other large group companies, they are independent entities, but due to the lack of financial capital support, a considerable part of them are corporate members of large consortiums.
In a large consortium, there is no upper-lower dominance relationship among the major member companies, and it is a loose association, linked together by financial institutions and traditional relationships.
Unlike other consortiums, the companies within the Sumitomo consortium are much closer than other consortiums.
The Sumitomo Foundation is one of the oldest business groups in the island country, with a history of more than four years. As early as the [-]th century, the Sumitomo family established and operated a copper mine on Shikoku Island and grew stronger day by day.
For a long time, the Sumitomo Foundation has been the official copper supplier of the island country.
As we all know, the island country is a country with very few resources. The Sumitomo family relied on copper mines to make a fortune and survived for hundreds of years. It goes without saying how strong it is.
The family concentration of the Sumitomo consortium is much more obvious than other consortia. Most of the consortium’s industries are concentrated in the hands of the Sumitomo family. private consortium.
After the end of World War II, under the restrictions of the United States, various consortiums in the island countries were disintegrated and reorganized into enterprise groups.
With the disintegration of the post-war consortium, Sumitomo's companies have also embarked on their own independent paths. At the same time, the Sumitomo family's political and economic influence in Japan has also been greatly weakened.
However, with the recovery of the Japanese economy after the war, the Sumitomo family made a comeback and grew stronger day by day. With the family’s early accumulation, the previously scattered consortium companies returned to the Sumitomo consortium. Therefore, the Sumitomo consortium has always been based on The Sumitomo family is the core, and the family nature is very strong.
"After you go back, remember to call the president of Sumitomo for me, and say that I will visit the old president of Sumitomo in person."
"Help me prepare. At the end of this month, I will go to the island country in person. Before that, you can test the tone of several companies, and casually include my plan to mortgage the shares of the game company and loan them 300 billion U.S. dollars. reveal."
"Boss, you..." Li Guowei was shocked when he heard this.
300 billion
not Hong Kong dollars
nor yen
but dollars
The most terrible thing is that his boss actually took the shares of the game company as collateral, which made Li Guowei a little bit unable to turn around for a while.
He thought that Yang Chen would not be stingy when it comes to real estate in the island country, but he never thought that Yang Chen would be so generous.
300 billion US dollars, this amount of money is huge and scary.
Even though Li Guowei was getting old, he couldn't calm down.
"This time I invested in real estate in the island country, I didn't want to spend a few years to earn that double profit. The growth rate of 20.00% is too low."
Hearing this, Li Guowei opened his mouth, wanting to ask something, but he was afraid that it would be too abrupt, so Yang Chen refused to say it.
Seeing his reaction, Yang Chen didn't know what he was thinking, so he said, "According to the normal situation, with the economic growth rate of the island country, the real estate of the island country will indeed be as you expected, but there is one thing you forgot, That’s what the global economy is facing today.”
"The impact of the previous oil crisis not only caused the debt crisis in Latin American countries, but also slowed down the economic recovery in Europe, and at the same time aggravated the US trade deficit.
Due to the high exchange rate of the U.S. dollar, a large number of U.S. companies have fallen into difficulties in exporting, and in order to solve the trade deficit, the U.S. government must find a way to release various unfavorable factors..."
"From the current point of view, the island countries and West Germany are undoubtedly the best choices. Since the end of World War II, the economies of the island countries and West Germany have recovered very quickly, especially the island countries. took second place."
"The yen and the mark, these two currencies are supported by two strong national economies, and they can fully withstand the impact of the depreciation of the dollar."
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