Li Yuan really didn't know much about the real estate in the mainland during this period. After Huang Jiaojiao's introduction, he realized that it was not that Hong Kong and Taiwan businessmen during this period entered the mainland to engage in real estate, but most of them spent their money

There are a lot of people who have nothing to return to and go bankrupt directly.

For example, Mr. Liu Tianjiu, the owner of "Tian Tian Daily" in the early 1980s, was the first Hong Kong billionaire to invest in real estate in the mainland. Later, he went bankrupt. He even sold "Tian Tian Daily" and his family immigrated to Canada.

I went to do volunteer work for the elderly.

Interestingly, the price of the land Liu Tian developed in Shenzhen has risen to 300,000 yuan per square meter decades later? Laughing.

Why is this so?

Because at this time, the mainland still had a welfare housing allocation policy. Although there is now a provident fund system, welfare housing allocation is still retained. You can also purchase the property rights of existing public rental housing, and the price is only a few thousand yuan to 10,000 to 20,000.

Note: What we are talking about here are complete houses, not square meters! You can buy a house for up to 20,000 yuan, can you believe it?

Now that there is an opportunity to allocate houses with benefits, who would be crazy enough to buy commercial housing?

It was not until around 2002 that the welfare housing allocation policy was completely abolished, which stimulated private demand for home purchases. Not long after, around 2001 and 2002, the first round of price surges for commercial housing began...

…

In other words, it is not that there is no demand, but they are all waiting for welfare housing allocation.

Although the chance for ordinary people to get a new house is very small, no matter how small the chance is, it is still an opportunity, right?

After purchasing a commercial house, it proves that your family is not short of money or a house, and the welfare housing will definitely not be given to you. In this case, we ordinary people will not dare to buy it even if we have money?

It is also because of this that those Hong Kong and Taiwan businessmen hoard land. On the one hand, of course they are black-hearted capitalists; but on the other hand, it is really not profitable to develop real estate!

It turns out to be purple.

Li Yuan listened happily to these ancient stories. Unexpectedly, no one is optimistic about the real estate industry that will create countless billionaires in the future?

"Xiao Yuanzi, let me remind you, these are really inappropriate, at least the time is not ripe."

"What are we afraid of? Anyway, we take it from the people, repay the country, and it is for our own use. Aren't you a patriotic Hong Kong businessman?" Li Yuan joked.

Isn't it just a matter of waiting patiently? You can put the ones for your own use in one phase, and the subsequent phases can be built slowly, for ten or eight years. There is no need to worry about this investment at all.

"Don't come here. We women are short-sighted. We only care about daily necessities and don't know any important national affairs. So don't come to me."

"They also invited you to visit and host the signing and groundbreaking ceremony. Are you guaranteed to be in the news?"

"Ah? I'm actually very patriotic! Haha."

"Meow meow meow!"

"Xiao Tuanzi, don't make trouble!" Suddenly, Huang Jiaojiao was still a little worried, "Xiao Yuanzi, what should we do with those residential areas? What if they can't be sold?"

"Aren't there welfare housing allocations? One part is allocated to employees, and the other part is rented out first. Are you still worried that no one will live in it?"

"It's up to you. Anyway, you can think it over yourself. If you are really bankrupt, I will show mercy and take you in!"

"Oh! One more thing, I want to attract some investors. Are you, the Huang family, interested?"

"That's right! I'll give you my eldest brother's phone number right away. I've long disliked them, so you think of ways to trick them more. Hehehe..."

Li Yuan: "..."
Chapter completed!