At the end of September, the real estate market price in Xiangjiang ranked highest in history, which greatly stimulated the Xiangjiang government.

HSBC and other banks have begun to significantly increase the most preferential loan interest rates and mortgage interest rates, which is just the first step.

Seeing that real estate developers joined forces with some of their own or related financial companies to start subsidizing interest on various mortgages, the Xiangjiang government immediately came up with a new move.

At the press conference, the head of the General Secretary personally announced that the Xiangjiang government has always supported real estate transactions, but the Xiangjiang real estate market needs healthy development and cannot be so radical.

Therefore, some expedient measures need to be corrected in real estate transactions.

The most important point is to cancel the "installment payment" policy for real estate merchants when buying land.

As soon as the news came out, the entire Xiangjiang real estate market immediately vibrated violently.

The land in Xiangjiang is definitely one of the most expensive commodities in the world.

Usually, a piece of land is possible with hundreds of millions, hundreds of millions, or tens of billions!

This was in the 1980s, not in the 40 years later.

Now the monthly income of the residents of Xiangjiang is only about HK$1,800 at best. By comparing it, you can tell how big the land price of these hundreds of millions and hundreds of millions is.

Real estate developers in Xiangjiang are rich, but they are not very rich.

For example, the new China Capital Five Tiger Generals, Sun Hung Kai, Cheung Kong, Hang Lung, Hoh Hokkien Industrial, and Hutchison Whampoa, the highest market value is to take over Cheung Kong Industrial, which has been a plate of about HK$7 billion.

Oh, by the way, Li Chaoren bought Hutchison Whampoa and relied on loans to pay in installments. Now Cheung Kong Group still owes HSBC billions.

If Hutchison Whampoa adds the rest of the Bao family’s property, it will have about 10 billion yuan. But Bao Yugang will definitely not put the eggs in the same basket, so Hutchison Whampoa is now worth less than HK$6.5 billion.

For example, even if Henderson Landscape, which has just been listed, has issued an additional HK$1 billion, its market value is only 3 billion.

Just saying that, in fact, the top ten real estate developers in China usually have a market value of between 3-5 billion Hong Kong dollars.

All of these funds are on each project, not just your own money, but bank loans account for a large proportion.

You said that if a company like this wants to buy a piece of land, can they take out the astronomical figures of hundreds of millions of Hong Kong dollars in one breath?

It can be barely possible, but have you bought this piece of land and stopped doing other businesses?

Of course not!

So, a few years ago, they discussed a solution with the banks and the government.

installment.

Pay in installments to buy land.

For example, I bought a piece of land in Sheung Wan, which is about 500 million Hong Kong dollars. When I win the bid, I will pay 50 million Hong Kong dollars first. I will pay the remaining amount in three years.

In this way, the government can sell land at a significant price, and I can also get benefits, thereby further pushing up housing prices.

This is also one of the causes of the continuous rise in housing prices in Xiangjiang in recent years.

Now, MacLeho has made up his mind to rectify the real estate market, at least firmly tied the wild horse, so he immediately cut off such a knife and slashed the real estate businessman's weakness.

In fact, this is similar to people who pay in installments to buy a house. If you don’t have money, what should you do if you want to do something rich? Borrow it! Pay in installments!!

In this way, even if you bear some interest on the loan, you can buy the goods you like immediately.

Specifically for real estate, after buying it, you can enjoy the dividends brought by the appreciation of real estate. Compared with the increase in price of houses and land, the mere interest is nothing.

But if the government controls your installment payments, you are not allowed to borrow money to spend in advance?

The result is also very simple. Home buyers will not be able to buy a house immediately, and real estate developers will not be able to buy land immediately.

Judging from the current crazy situation in the land market in Xiangjiang, except for Jardine Max, which can spend HK$10 billion to acquire land, the other real estate developers, even Cheung Kong Group and Hutchison Whampoa, do not have the ability to acquire a few more pieces of land.

As for those medium-sized real estate developers, they can get at most two or three pieces of land, which is saturated and cannot be taken.

What an exaggeration is this?

Even Yingjun Real Estate, which is not ranked in the top ten, has a total of 8 real estate projects started construction and sales at the same time this year.

What should I do if they have finished consuming the territory they are now and suddenly they can only start 2-3 projects at the same time in a year?

Bank loans, workers’ salaries, company profits, etc., are not guaranteed!

So, everyone suddenly became panicked.

If HSBC’s strategy a few days ago only made these real estate developers a little nervous and frown, these government measures are now just killing them.

Although it is impossible for people who do real estate to have no land reserves at all, if the government is really allowed to continue like this, at most, these real estate developers will be greatly damaged and become slags after three to five years.

As the most powerful chamber of commerce in Xiangjiang, the Xiangjiang Real Estate Construction Chamber of commerce immediately held a meeting. Because it was a plenary meeting, Yin Jun was also called.

However, Yin Jun did not speak either. He just sat in the corner and listened to their fierce discussions and discussions.

Those who can enter here are all the big guys who can affect housing prices by stomping their feet. Seeing them revealing their nature and constantly trying to overcome difficulties, Yin Jun felt that on this earth, let alone Xiangjiang, even the United States and the United Kingdom, they are always the people who set the rules of the game, and they have the greatest power.

No matter how many assets you have, hundreds of millions or billions, as long as the government is determined to deal with you, you will have no way out.

Like Yin Jun, it was Mr. Huo who didn't speak.

But unlike Yin Jun, Yin Jun has no real estate business, so he doesn't speak when he is out of the matter. Mr. Huo clearly controls the lifeblood of real estate developers in Xiangjiang, but he still doesn't speak.

Even if someone asks him, he still smiles without saying a word.

Since the Xiangjiang government began to suppress Mr. Huo in the 1970s, he has been like this at the Xiangjiang Real Estate Construction Chamber of Commerce. It is a bit like a god who ignores all living beings.

But he still has irreplaceable construction resources, so everyone can't do anything about him and dare not offend him.

Everyone knows that Mr. Huo is unhappy. First, he is unhappy when he was suppressed, but everyone did not support him; second, he is unhappy. For the sake of his interests over the years, everyone has become increasingly close to the Xiangjiang government.

However, no matter how you know, no one can change it.

After all, Xiangjiang is still under the jurisdiction of the British, so they do not have the confidence and background of Mr. Huo, and they go against the British.

Therefore, everyone can only be an ostrich and pretend to be invisible to see the contradiction.

It is no wonder that real estate developers in Xiangjiang have performed like this, and it is no wonder that Mr. Huo has not appeared in the outside world many years and generally does not speak.

However, at this time, Mr. Huo, who was sitting next to Yin Jun, was chatting with Yin Jun in a low voice with interest.

"Ajun, I'm going to Huajing during the Chinese New Year. Are you going with me?" Mr. Huo asked.

"I should have to go to the United States, there is still a lot of things there... Mr. Huo, is there something wrong?" Yin Jun asked back.

"Oh, it's not a big deal, but Mr. Xiao and Mr. Yun over there, I hope to meet you and talk to you about the future of our country." Mr. Huo said with a smile.

Yin Jun was startled, "Tell me about national affairs? I don't understand even if I tell you!"

"Look at your timid appearance, you are far worse than when I was younger!" Mr. Huo snorted softly, "You literati, this is not good, you timid!"

Mr. Huo was a teenager who dared to hold a wooden boat and travel between the two sides of the straits in a fire to earn his first pot of gold. Yin Jun was of course not brave enough compared to him.

But Mr. Huo had no intention of contempt.

In his opinion, although Yin Jun is a little weaker, his energy is a very rare good seedling.

I can't say that after a hundred years, the important task of maintaining the connection between Xiangjiang and the mainland will fall on this young man.

In the past, Mr. Huo was optimistic about Li Chaoren. Although Li Chaoren was a little gloomy and selfish, he never lost money in the festival, so he was also the best candidate.

But now it is different. After Yin Jun emerged, he swept across the entire Xiangjiang business world. His methods were very fierce and fierce, and everyone was exhausted from being defended.

Corresponding to his methods is Yin Jun's personality, which is unexpectedly gentle, with a reputation for dealing with people and being grateful, humble and polite.

Such an extreme contrast made Mr. Huo unconsciously interested in Yin Jun, so he also came to meet him.

After that, Yin Jun's performance made Mr. Huo even more satisfied, especially he firmly withstood the pressure from Baodao and continued to run the electronics factory in Lin'an, giving many patriotic businessmen who were determined to repay their motherland, an extremely dazzling light.

Therefore, Mr. Huo has now changed his mind and should cultivate Yin Jun well.

However, he also realized that Yin Jun was extremely cold about politics and was unwilling to get close to those big guys, as if he was a bit of a political cleanliness.

This made Mr. Huo feel a little emotional. It was too late for others to get in, but you just kept others from thousands of miles away. It was really interesting.

This is also one of the reasons why Mr. Huo said that Yin Jun was "cowardly".

But Yin Jun didn't care, "Old Huo, I'm just a businessman. Let me contribute my strength to the country and the nation in business. I really don't want to pay attention to the rest."

"If you are in the game, how could you not be willing to pay attention to it?" Mr. Huo couldn't help but sigh, "Don't worry, they will never repeat it again now... As long as you can maintain your original intention, the future mainland business world will be your world!"

"I'm not worried. In fact, I'm full of confidence in the mainland." Yin Jun smiled, "You should take care of yourself, so you can see how our motherland ranks among the world's powerful countries in 30 years!"

"Then why not go and have more contact with them? With their help, you will avoid many detours!" Seeing that Yin Jun's confidence was so sufficient, Mr. Huo was surprised.

"It's not the time yet, I'm looking forward to a better opportunity." The boy said seriously.

"hehe."

Mr. Huo did not understand Yin Jun’s meaning. He felt that Yin Jun was still a little inaccurate about the current situation.

This is also normal.

Normal people are not so absolutely trustworthy, especially after looking at the situation a few years ago.

"It's up to you!" Mr. Huo said in contemplation, "But the people above entrusted me to tell you that the mainland supports all your investment behaviors. Don't worry, do it boldly!"

"good!"

Yin Jun responded calmly.
Chapter completed!