Only after being reborn did I realize how fascinating the world of the rich is.

Liu Shasha's words helped Li Xiaofeng make up his mind: between buying back his company and speculating on real estate, he would choose to speculate on real estate!

Besides the loan reason, there is also the factor of overall returns.

I learned from my past life's memories that the average price of houses in Shanghai later rose to five or six per square meter, and the price of houses in many downtown communities reached more than one or two hundred thousand yuan per square meter.

Meanwhile, the average house price in Shanghai dropped to just over 7,000 yuan per square meter.

More importantly, real estate speculation can leverage bank leverage; even if the down payment ratio rises to 30%, it can still leverage 3.3 times the bank leverage.

However, if Li Xiaofeng chooses to regain control of his company, not only will he lack bank leverage, but the growth potential of the stock price will also be relatively limited.

It was already very difficult for Wanzhong Media to raise its price from $17 to $60.

The difference in investment between the two is obvious.

Li Xiaofeng has 66 billion yuan in cash, and he plans to use 6 billion yuan of it to speculate on real estate. Based on the current minimum down payment ratio of 30%, he can buy real estate worth 20 billion yuan.

Currently, the price of housing is over 7,000 yuan per square meter. If the price of this batch of real estate rises to over 70,000 yuan per square meter in the future, then the value of this batch of real estate will increase to 200 billion yuan.

With assets of 2000 billion yuan, after deducting corporate income tax, bank loans, and various transaction fees, a net profit of over 1300 billion yuan is definitely achievable.

Therefore, as long as we find a way to hold onto these properties firmly, Li Xiaofeng, a billionaire, is within reach.

Of course, holding onto these properties long-term is not so easy; he needs to borrow 140 billion yuan from banks for this purpose.

Fortunately, mortgage rates are now much lower than before.

Due to the economic crisis, in order to stimulate the economy, the government has not only lowered loan interest rates, but mortgage rates at banks have now dropped to less than 5%.

Based on Li Xiaofeng's past experience, the return on investment for commercial residential properties is around 4%, so the rental income can cover more than half of the bank loan interest rate.

Li Xiaofeng estimated that the monthly mortgage payment in the first year could be reduced to around 5.5 million yuan.

As the government's crackdown on property speculation intensifies and policies become increasingly stringent, there is little room for further significant price reductions in the future. Therefore, he plans to hold his property long-term and refrain from short-term sales.

In addition, as housing prices continue to rise and time goes by, rents generally increase at a rate of about 10%.

He currently has 6 million yuan in working capital, as well as an electric vehicle factory, a nationwide fitness chain, and a large film and television company. These companies can continue to generate profits for him in the future.

According to my memories from my previous life, the domestic economy will recover after this economic crisis lasts for a year, and housing prices will rise again.

As long as housing prices continue to rise, Li Xiaofeng can go to the bank to take out second mortgage loans on his properties, use the loans to repay the monthly payments, and alleviate his monthly payment pressure.

If all else fails, selling part of the property to pay off the mortgage is a relatively easy option, especially given rising property prices.

However, he does not intend to sell his real estate holdings easily again. In less than two years, first-tier cities like Shanghai will introduce purchase restrictions and policies that significantly increase the down payment ratio for second homes.

Selling it is easy, but buying it back is not so easy.

Just as Li Xiaofeng was waving his large sums of money and re-entering the real estate market to buy properties on a large scale, Cao Jinpeng tearfully pleaded with Li Xiaofeng.

"Third brother, I'm finished. The entire Cao family's fortune is gone. I never imagined that the stock price of Kage Media would plummet like this. If only I had cashed out with you when you sold your shares last year..."

Li Xiaofeng poured him a glass of water and said with a smile, "You can't buy hindsight with money. What's the use of regretting it now? You should think about how to get through this difficult time!"

This time, Cao Jinpeng really suffered a huge loss.

He used most of his funds to speculate on real estate, and then mortgaged the net value of these properties to the bank to obtain a large loan, which he used to purchase real estate for the company, Kage Media.

The stock price of Kage Media has plummeted. Although he bought the stock before the IPO, the price has already fallen below the issue price. He still has to pay bank loan interest and mortgage payments on his property.

In addition, the sharp drop in housing prices has almost wiped out his investment in real estate. In other words, if he were to sell all his real estate and stocks now, he would not only lose everything but also owe the bank a large sum of money.

Fortunately, he had invested some of his money in nightclubs. He planned to use the money earned from these nightclubs to pay the interest on his bank loans and subsidize his monthly mortgage payments.

"Oh, don't even mention it! I regret it so much. I never imagined that in less than a year, house prices would plummet, stocks would fall, and we would lose so much from all sides. The Cao family's savings of so many years are almost all gone!"

Cao Jinpeng couldn't help but wail, looking like he was beating his chest and stamping his feet in frustration.

What brings you here today?

"Third brother, please save me, I beg you!" Cao Jinpeng knelt down before Li Xiaofeng with a thud, and no amount of pulling could get him up.

"How can I save you?" Li Xiaofeng said helplessly, and simply let him kneel there.

Cao Jinpeng, with a long face, hurriedly said, "Could you lend me some money to tide me over? My bank loan is about to expire, and you're the only one who can lend me money right now."

Once the bank loans mature, they will definitely forcibly auction off my houses. If that really happens, I'm truly finished!

With current housing prices already low, if Cao Jinpeng's properties are forcibly auctioned off, the resulting prices will definitely be significantly lower than the market price.

If these fixed assets are insufficient to repay bank loans, the bank will continue to seize his equity, including equity in Architectural Media and those in nightclubs.

By then, Cao Jinpeng, this second-generation rich kid, might actually become a second-generation rich kid.

After decades of hard work, all gone overnight – this is Cao Jinpeng's current predicament.

Li Xiaofeng smiled and said, "I can lend you some money to help you pay off your bank loan and get you through this difficult time!"

Cao Jinpeng was overjoyed. Given Li Xiaofeng's personality, he had originally thought he would return empty-handed, but he never expected to actually be able to borrow money.

"Third brother, I really am..."

Before he could finish speaking, Li Xiaofeng interrupted him.

"Don't thank me yet, I have two more conditions, this is a mutual cooperation!"