Transmigrating to Book 50, others hoard rice, I hoard money
Chapter 583 Ambition is also a crisis
Zhou Rong said that the company is not short of money now and does not need to attract new investors, and does not want the investment funds from Zhou Jiyan and others.
In the past, Zhou Jiyan and the others would have grumbled in their hearts when they saw Zhou Rong being so heartless, but now, they dare not, because this man is not only a lady, but also the God of Wealth!
Everyone tried their best to please Zhou Rong, but when they saw that Zhou Rong still refused to give in, they gathered together and thought of a solution. Several people ran back to ask their parents and brothers for help, hoping to invest in their names.
Zhou Jiafeng and his friends couldn't bear to see their younger generations fall behind, become increasingly destitute, and bring shame upon their ancestors, so they decided to help a few of them this time.
If the investment failed and Zhou Jiyan and his friends made a scene, he would use his savings to settle the matter. If that didn't work, he would just break off the relationship and never cause any trouble for Zhou Rong...
Before Zhou Rongchuqi went to Pengcheng, he received several investments from Zhou Jiahua, Zhou Jiafu, Zhou Jiaguang, Zhou Qinghong, Zhou Xiao, Zhou Wei, and Shen Shanqi.
There was money from the food factory and Zhoujiawan villagers sent by Zhou Jiaxing, and there was also money from Zhou Jiafeng and his family, who said that they had some savings at home and wanted to make additional investments.
As long as the old investors wanted to pursue their investment and were willing to take risks, Zhou Rong would warmly welcome them. After signing the agreement with everyone, he took Zhou Jifan to Pengcheng...
After finishing the work for the new year, Zhou Rong took Zhou Jifan and Xu Hanhua to Qiongdao Island, intending to take advantage of this real estate bubble to teach Zhou Jifan another lesson...
Due to the favorable national policies, the real estate prices in Qiongdao have been rising steadily in the past two years.
In 88, the average housing price was only over 1000 yuan per square meter, and in 91, it was less than 2000 yuan per square meter.
As capital continued to pour in, speculation in housing, land, projects and pre-sale properties became prevalent. By 92, the average price of real estate had soared to 5000 yuan per square meter.
Just after the Spring Festival in 93, housing prices were driven up to 6800 yuan per square meter.
The residential community that Xu Hanhua later invested in and built was topped out at the end of last year, but he did not sell it. Instead, he followed Zhou Rong's advice and waited until after the New Year to open it for sale.
Because other projects were pre-sale properties, Xu Hanhua's community was ready-to-move-in properties. As soon as they were launched for sale, they were sold out at an average price of 7000 yuan per square meter, raising more than 3 million yuan in funds.
Looking at the booming real estate market, Xu Hanhua happily asked Zhou Rong if he wanted to invest in building one or two more residential communities and office buildings.
Zhou Rong: "When we first bought the land, it was only a few thousand yuan per mu. Due to speculation, the land price rose to more than 91 yuan per mu in 30. Only one year later, it has risen to two or three million yuan per mu.
You should know the situation outside. There are not many local people in Qiongdao and their purchasing power is very limited. Currently, those active in the market are all speculators.
Of the houses that people build, only 30% are used for living and business activities, and 70% are hoarded by speculators for speculation.
Many houses that are still on the drawing board and land that are still in the documents have been speculated and changed hands several times. Many of the money used for speculation in real estate and land comes from bank loans. Once the bank stops lending, this game of passing the parcel is over.
Xu Hanhua was shocked: "We still have more than 3000 acres of land. Why don't we sell them all while the market is good?"
Zhou Rong: "Well, it's time to take action."
The lands purchased by Xu Hanhua were all located in the urban area and each piece was not large, only 30-100 acres, so they were easy to transfer. Once the news of the sale was released, it attracted a large number of speculators.
In less than a month, all the land he owned was sold, and he raised nearly 60 billion yuan.
Those who got the land would quickly find the next buyer, make a profit from the difference by reselling it, and soon become multi-millionaires or billionaires.
Due to everyone's crazy speculation, the land price once rose to 600 million yuan per acre.
Just when more people wanted to get rich by reselling land, at the end of June, the State Council issued the "Opinions on the Current Economic Situation and Strengthening Macroeconomic Control."
The policy requires strict control of the total scale of credit, increase in deposit and loan interest rates and treasury bond interest rates, recovery of illegally borrowed funds within a time limit, reduction in infrastructure investment, and clearing out all projects under construction.
In short, it means tightening money supply and removing the firewood from under the cauldron.
A large number of people and companies who wanted to get rich but accidentally got trapped are complaining and regretting it now.
Many people have gone from being multi-millionaires to being multi-millionaires or even billionaires.
Some people feel that they will never be able to pay back the money in their lifetime, so they jump from a tall building or into the sea to escape reality...
In the past few months, Zhou Rong has been taking Zhou Jifan to Qiongdao Island to taste the local delicacies and let Zhou Jifan witness with his own eyes what it means to "watch him build a tall building, watch him entertain guests, and watch his building collapse"...
The events on Qiongdao Island had a great impact on Zhou Jifan. The rising profits of Xiangjiang Investment Company, Fanshuo Technology and Real Estate Company in recent years made him feel that as long as people have ambition and methods, they will succeed.
But now, he realized that ambition is also a danger. If he is not careful, all his previous efforts will be wasted and he will fall into the abyss.
When Zhou Jifan was walking with Zhou Rong on the beach, he told her his feelings.
Zhou Rong: "The fact that you can think of these things shows that you are mature. I feel relieved to hand over the company to you in the future."
Zhou Jifan: "I'm so afraid that I won't do well. Because of a wrong decision, all your and everyone's hard work will be wasted. Then I will become a sinner."
Zhou Rong: "No one can be successful all the time. It's okay to fail. As long as you are safe and sound, there will be a chance to make a comeback. If you are gone, there is no hope at all."
Zhou Jifan: "I remember, I will never give up my life easily, I want to stay with grandma forever and live for hundreds of years!"
Zhou Rong laughed and said, "Wouldn't that make me an old demon? Everyone will die eventually. If you try your best to fulfill your wishes while you are alive and leave no regrets, your life will be worth it.
Tomorrow we will return to Pengcheng and work with our R&D colleagues to upgrade the phone's functions and strive to amaze the world again."
Zhou Jifan: "Okay!"
All the projects in Qiongdao had been sold and delivered. There was no space for development in the short term, so Xu Hanhua took his team back to Pengcheng and went to find Zhou Rong to discuss the next investment direction.
Xu Hanhua discovered that Zhou Rong had an accurate vision in investment, hundreds of times better than him, and had never failed once. He must hold on to such a thigh!
Zhou Rong suggested that Xu Hanhua focus his future investments on large cities such as Shenzhen, Yangcheng, Shanghai and Kyoto, mainly building residential areas and office buildings, but he should act within his means and not increase leverage.
Then invest in small companies that need funds, preferably in technology or emerging industries. If you are undecided, you can discuss it with her.
Xu Hanhua agreed to do so. The financial crisis that occurs every few years and the current real estate bubble have made him afraid of leverage. It is not easy to make money, so he decided to just stick to the real economy.
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