We are all reborn, who wants to be the richest man?

An old residential building with a long history in Yau Ma Tei, the building can be traced back to the 60s and still retains the unique retro style and old-fashioned charm of Hong Kong Island.

What is old-fashioned style? It means there is no balcony and there are clothes drying poles outside the windows.

The corridor is a long straight hallway, and the doors of each house are filled with debris.

Houses in Hong Kong Island are expensive, but in the 1960s and 1970s, housing prices in Hong Kong Island were not too expensive.

However, houses were not expensive at that time, but wages were low. You have to know that many people in Hong Kong Island did not have enough food to eat in the 1960s.

In the 1970s, Hong Kong Island experienced rapid development and was recruiting workers everywhere.

People’s wages have increased, but real estate speculation groups have also emerged.

Zhou Zhicai was one of them. He was very famous back then. He could afford a car, live in a small Western-style house, wear branded clothes, have countless followers, and have girlfriends everywhere.

But now, my wife has divorced me, and my son can’t be with me anymore, so I can only squeeze into this dilapidated low-rent housing.

“Brother, the housing prices in Hong Kong Island have been rising year after year in recent years, and the increase this year is even more rapid. Many old guys are starting to get restless again.

What the sister-in-law meant is that we should prepare to make a comeback. It is not a good idea for you to continue like this."

On the table, there were not only delicacies from land and sea, but also wine and meat. The words of the two younger brothers opposite him made Zhou Zhicai fall into deep thought.

Is Zhou Zhicai rich? Not fabulously wealthy, but also very wealthy.

Why did he end up in such a difficult situation? It’s because the company went bankrupt and owed a lot of debts.

So my wife divorced me and my child was taken away by my ex-wife, all because I couldn't have money.

For ten years, he had been living in this small house. He didn't even dare to comfort his woman because too many people were watching him.

As for the reason, I wonder if Boss Xu learned it from Zhou Zhicai. Perhaps all capital is like this.

But who doesn't want to make money and spend it on themselves? If I can make a comeback and pay off the debt of tens of millions of Hong Kong dollars, I can live in the sun.

"Although I've lived in this doghouse all these years, I've also been keeping an eye on the housing market. Housing prices have been rising sharply recently. What's going on in the Far East?"

The housing prices in Hong Kong Island have not increased in recent years. Everyone knows that Far East is the driving force behind the scenes. Zhou Zhicai is afraid of this behemoth.

"There has been no action and no suppression."

Zhou Zhicai remained silent. Was it really a natural rise?

You have to know that every time the Far East suppressed housing prices in the past, there were some other factors, such as real estate speculation in Britain.

There was no intervention this time. Does Far East also think that the current housing price increase is at a reasonable level?

Zhou Zhicai felt that this was an opportunity, but he did not dare to invest too much.

"Then give it a try, but don't invest it all. Tell your sister-in-law that she can take out 3 million Hong Kong dollars to test the waters."

"Okay, I'll go see my sister-in-law in the afternoon."

Invisible capital has entered the housing market, and Zhou Zhicai is not the only one involved.

By the end of January, the housing market had grown so much that it was driving people crazy.

Even all the experts on TV feel that Hong Kong Island’s housing prices, which have been suppressed over the past few years, are about to take off and no one can stop it.

"Compared with New York and Tokyo, our housing prices are clearly at the bottom. Hong Kong Island's housing prices should not be so low. I think a 50% increase is reasonable, so they will continue to rise in the future."

On TV, the experts spoke boastfully and looked very confident.

On the sofa, Luo Nianzhong looked at Guan Jiahui, whose eyes had turned into crescents, and asked, "Have you hoarded houses?"

"Yes," Luo Laosi happily threw himself on Luo Nianzhong and said, "I have hoarded two units in Kowloon, and bought dozens of properties in Hong Kong Island and Future City in the New Territories."

"Sell it."

"Why?" Luo Laosi, who was originally enjoying the lying position, suddenly sat up.

"If you want to invest, just buy those luxury villas. It's better to get rid of these ordinary properties."

“House prices are going to fall?”

Luo Nianzhong did not answer, but gave her a look that showed his own understanding.

Will housing prices fall? Of course, because Luo Nianzhong would not allow housing prices to rise so quickly.

Will house prices fall? Impossible.

In the long run, housing prices in Hong Kong Island will continue to rise.

The current average housing price in Hong Kong Island is only HK$2,120 per square foot, and the price of high-end residences is between HK$2,500 and HK$5,000.

The prices in those old communities are still below HK$2,000, and less than HK$20,000 per square meter.

This price seems quite high, but compared with the current housing prices in New York, London and Tokyo, there is a gap.

Not to mention these three places, Hong Kong Island cannot even compare with Paris and the Swiss capital Geneva.

In the most recent global city housing price ranking last year, Hong Kong Island's housing prices ranked second in Asia and seventh in the world.

The cities ahead of Hong Kong Island include New York, London, Tokyo, Paris, Geneva and Monaco. The eighties and nineties are Los Angeles, San Francisco which has risen because of the Internet, and Temasek, a new force in Southeast Asia.

But this does not reflect the housing price level of a city, because big cities like London and New York have slums, which to a certain extent lowers the housing prices.

Even so, the housing prices in New York and London are still higher than those in Hong Kong Island. It is conceivable that the prices of luxury houses of the same level in Hong Kong Island are much cheaper than those in these cities.

Therefore, Hong Kong Island's housing prices will definitely increase steadily. Luo Nianzhong even feels that even if there is a major economic crisis, Hong Kong Island's housing prices will not drop by half as much as in the original world.

In Luo Nianzhong's opinion, if an economic crisis really occurs, a 20% drop in housing prices in Hong Kong Island would be considered a huge drop.

The fundamental reason is that there are too many people and too little land, so Hong Kong Island has a bright future for development.

"Sell it if you are asked to."

Let Luo Laosi sell his house just because he doesn't want her trend to spread among the wealthy circle.

She has started hoarding houses, so why shouldn't others follow suit?

"But didn't the experts say it would definitely go up?"

"Hmph," Luo Nianzhong sneered, "An expert who specializes in cheating players."

Capital will only add fuel to the flames. Anyway, it will just make the people suffer. The Hong Kong people have earned enough in recent years, and it is time for them to experience some hardships.

Indeed, some people just follow the experts.

"Ahui, come with me and take out all the money in our home. Mortgage the house, and invest all the funds in the housing market."

In a high-end residence on Hong Kong Island, Zhou Zhicai's wife is giving orders.

"Ah" Ah Hui didn't expect that his sister-in-law was going to go all in, and he said hesitantly, "Should I talk to my brother about it?"

"What's the point of communicating? His edges have been smoothed over the years. He has become cowardly.

Now is a good time. Didn’t we make a lot of money from the previous three million Hong Kong dollars?

But he still wants to wait, if he enters the venue later, there will be no time to lie down."

After the sister-in-law finished scolding angrily, she softened her tone when she saw Ah Hui’s unhappy expression.

"Besides, isn't this also for him? I make money to pay off his debts."

Ah Hui didn't notice that there was a hint of strength and even a bit of annoyance in his sister-in-law's tone. This is the result of economics determining status.

When Zhou Zhicai was in his prime, she was a nanny, taking care of her husband, children and doing housework at home.

But since their divorce and she has taken control of the finances, her status has improved, at least in this family.

Now she wants to completely conquer everyone in this bull market, even if Zhou Zhicai comes back in the future he can only speak to her in a low voice.

As for those younger brothers who now obey Zhou Zhicai's orders, I believe they will know who their leader is in the future.

Because it was I who gave them new life and brought them wealth.

Although I don’t have much business acumen and don’t understand this industry, don’t the experts on TV understand it?

"What? My words don't work?"

"I dare not, I'll do it right away."

After Ah Hui left, within just one day, tens of millions of Hong Kong dollars of capital entered the housing market.

Maybe tens of millions of Hong Kong dollars of capital is small, but the leverage in the property market is huge.

These more than 10 million Hong Kong dollars can easily leverage hundreds of millions of funds without any effort.

A lot of funds like this have entered the housing market, instantly adding fuel to Hong Kong Island's real estate, making the fire even more intense.

No one knows that this is the last carnival and the abyss is right in front of them.

After the Little New Year, Luo Nianzhong went to the family office.

"How about it?"

“You guessed it right, England is out.

We found that some of the real estate speculators have foreign investment support, but it is not large. Although we don’t know the exact number, we estimate it to be only 300 to 500 million Hong Kong dollars.”

Luo Nianzhong's face was full of sneers, and his tone was full of disdain for these capitals.

"They are just trying to fish in troubled waters. Britain must know about this, and they are just trying to see if they can cause us some trouble."

Robert nodded and agreed with Luo Nianzhong's opinion.

"There is only a year and a half left until the handover. Even if the real estate market in Hong Kong Island is in a bubble now, there is simply no time to harvest it."

Planning and layout take time. Real estate cannot grow endlessly. An increase of 20% to 30% a year can be described as shocking. After all, the example of the island country happened not long ago.

The price has risen too much, and Hong Kong people are not stupid, so I just won’t buy it and will wait until 97 to see what happens.

Moreover, with the Luo family in charge of Hong Kong Island, it is another natural barrier for Britain.

London is not stupid. It knows that it is impossible to reap the benefits through Hong Kong Island real estate.

As for the current government, I can just stand and watch.

London was happy about the trouble, because the losses were suffered by the Luo family and Hong Kong Island, and further, it could be said that the north was also affected.

It’s good to be stable, and I can publicize it as my achievement.

"Has the news been released?"

"They have all been released, and companies such as Cheung Kong and Sun Hung Kai have expressed that they will cooperate."

"Very good, this time I will catch those hidden rats in one fell swoop, and by the way, teach the people of Hong Kong Island a lesson and tell them to stay away from real estate in the future."

The next day, an announcement released by Cheung Kong and Sun Hung Kai Properties caused a stir in the real estate market.

Cheung Kong and Sun Hung Kai Properties plan to purchase a piece of land in Yuen Long from Far East Investment for HK$48.6 billion to build a luxury housing estate.

This piece of land is very close to Far East Town, less than three kilometers away. The area is neither large nor small, and it is a residential land.

Far East Properties' original plan was to build a housing estate here to supply it to Far East employees.

With the further development of the New Territories, Far East's New Territories headquarters was established, and there were a large number of Far East employees in Tuen Mun and Yuen Long.

In recent years, real estate developers such as Cheung Kong and Sun Hung Kai have cooperated with Far East Investment here and made a lot of money.

Because Far East does not enter the residential real estate field, it only provides land for cooperation.

Office buildings and high-end housing estates have sprung up on these plots of land. You have to know that the employees of the Far East Group are not short of money.

Of course, these are not the most important things. The most important thing is the price.

The price of HK$48.6 billion is obviously more than % higher than the value of the land.

What signal is this? It's a signal that the real estate market is going to explode.

As a result, even the New Year celebrations could not stop the hot real estate market. In less than a week, the real estate market as a whole increased by 5% again, and there is no sign of a slowdown in the growth trend.

On the fourth day of the Lunar New Year, the first day of work, Luo Nianzhong’s gift to the whole of Hong Kong arrived.

"According to our understanding, the Hong Kong government is planning to introduce a policy of not copying housing, and will increase luxury tax on second homes owned by individuals. This regulation will be officially implemented on March 1.

Affected by this, real estate stock prices plummeted, with Cheung Kong and Sun Hung Kai falling the most, with a drop of more than 4% after opening.

In Cheung Kong's office, Li Bancheng was not at all anxious when he saw the company's market value plummet. Instead, he laughed.

Young Master Li on the opposite side asked the question in his mind.

"Dad, with this market trend, Cheung Kong's valuation will drop by at least 10%. The properties we bought at the bottom are not enough to make up for our losses. How can you still laugh?"

Li Bancheng's good mood was interrupted and he sighed inwardly.

"A temporary failure is not necessarily a bad thing. Hong Kong Island is different from many places. Real estate will always be a sunrise industry."

I walked to the floor-to-ceiling window and looked at the tall buildings outside. The sign of the Audi Center was faintly visible not far away.

“Hong Kong Island has little land, but there are more and more talented people, which means there are more and more high-income groups.

Although a lot of houses have been built in the New Territories, you have to know that a lot of houses have also been demolished in Hong Kong Island and Kowloon. It's not just a one-for-one replacement.

When people become rich, in addition to spiritual improvement, material improvement is also essential.

Therefore, there are very few housing estates developed in the New Territories in recent years that are smaller than 1,000 square feet, which was unthinkable before.

What about the old and dilapidated houses in Hong Kong Island and Kowloon? The area of ​​a new house is now equal to that of three old houses.

What does this prove? It proves that more land is needed to develop bigger houses, and Hong Kong residents want to live in bigger mansions."

He turned around and looked at his eldest son, "Remember one thing, as long as the Far East Group does not fail and the Far East Group does not go into recession, the real estate industry in Hong Kong will always be a sunrise industry and we will always be sitting on a gold mine.

The more dangerous the real estate industry is, the more it will discourage many new forces who want to come in to make money.

So in the long run, the piece of cake that Cheung Kong gets is undoubtedly bigger."

Some people are happy about the sharp drop in the real estate industry, while others remain silent.

In Zhou Zhicai's old and run-down house, the delicious fish and meat on the table had turned into porridge and pickles, and the original family of one had completely turned into a family of three.

The sister-in-law who was dreaming about a beautiful dream now had a bruised face and nose, and she was very careful when eating.