Regardless of whether Yin Jun wanted to or not, the transaction of the B land exchange rights letter this time directly became an important driving force for the rise in housing prices and land prices in Xiangjiang.

For two consecutive weeks, Xiangjiang had two shocking deals, which completely ignited everyone's enthusiasm.

Whether in the land market or the real estate market, there are no worries about selling.

In just ten days, the trading volume soared by more than 57%.

However, few people have seen that the current Xiangjiang economy is actually in a very difficult time.

The popularity of the land market and real estate market since last year has directly stimulated a significant increase in the import of various building materials, such as river sand, cement, steel, etc. A large number of construction merchants are buying and hoarding goods, preparing to do a big deal in the next time.

A large amount of imports led to an increase in the deficit of Xiangjiang's foreign trade, and the input was greater than the output.

This is directly reflected in the exchange rate of the Hong Kong currency, resulting in a very weak Hong Kong dollar exchange rate.

This is how the financial market is. Once the currency is weak, it will inevitably lead to a rise in loan interest rates.

As mentioned earlier, the Hong Kong dollar is a currency that does not exist, and it has no currency that can be used as a reference for value, because its relying on currency is not the gold commonly used by the state, but the US dollar.

The three major banknote issuing banks in Xiangjiang deposit US dollars at a certain proportion and then issue Hong Kong dollars at this proportion, which becomes a circulating transaction currency.

Therefore, US dollars are actually the most important factor affecting the value of Hong Kong currency.

Coincidentally, at the end of 1980, after Reagan, the big boss of the United States, came to power, he adopted a monetary austerity policy in response to the fiscal and financial situations of the previous few sessions.

Simply put, it is a completely different policy than the one after the outbreak of the US financial crisis in 2008.

The monetary easing policy in 2008 was to continuously print and issue US dollars, continuously lower interest rates, reduce deposit reserves, stimulate people's consumption, and increase inflation.

Now, the exact opposite is true. Reagan ordered the reduction of the printing and issuance of currency, the circulation of currency, significantly increase bank deposit reserves, control people's consumption needs, reduce inflation, and strive to cause deflation.

This approach is directed at the interests of the United States.

But Reagan's policy immediately suppressed the trend of Hong Kong dollars based on US dollars.

To put it simply, this is equivalent to that Hong Kong is also being forced to implement these financial policies of the United States, implementing monetary tightening policies, increasing bank deposit reserves, and controlling people's consumption needs.

What is the biggest consumer demand for the people in Xiangjiang?

Just buy a house!

How to control it?

Raise loan interest rates?

The current loan interest rate has increased by almost 1.5 times compared to 1978.

Even from January 1981 to June now, it has increased by more than 30%.

Such a terrifying interest rate increase is unheard of.

However, people from Xiangjiang, including economists in Xiangjiang, believe that this is a self-protection measure for many people after applying for loans. They are worried that housing prices will rise too quickly and will be separated from actual value. This is a normal thing.

Banks around the world have this concern.

but!

But housing prices in Xiangjiang will keep rising like this!

So the bank's worries are useless!

As an ordinary person, as long as I can get a loan and buy a house, I can make 50% in a year and 100% in the second year!

How much does a house cost, even a 500 square foot house?

At least it is HK$1,000 per square foot, which is HK$500,000!

I can make a net profit of more than 400,000 yuan in two years of loan. Isn’t this a super huge profit?

My monthly salary is only two or three thousand to death!

This is equivalent to my 13 years of salary!

Compared with such a high profit, what's so great about a mere loan risk?

If a person has no fortune, he will not be rich. Isn’t that what the old saying says?

This mentality is not just one person, but countless people think so, and most people in Xiangjiang think so!

Therefore, the repeated increase in your bank loan interest rate will not stop people from experiencing loan enthusiasm.

For a moment, there were many guests in various banks in Xiangjiang, and they almost burst into pieces.

At this time, Hui Yinghong received a Chinese paging from Yin Jun.

Sister Hong, who was very disgusted, had hesitated for a long time before returning the call, but when she put down the call, she looked solemn.

Then, she went to find her brother Hui Tianci.

It's already night now. Hui Tianci was playing outside at this time, but he received a Chinese call from his sister

Speaking of Chinese pagers, the British Telecommunications Office was very quick. After negotiating the price with Kirin Electronics, it immediately launched the Chinese pagers into the market.

As a result, with Yin Jun taking the lead in buying, they were sold out before a day.

Huiyinghong received ten Chinese pagers. In the end, she did not return the Chinese pagers to Yin Jun, but gave them to the people around her.

Huitianci's development in the past two years has been pretty good.

Because he has changed a lot compared to before and has become much more dedicated, Asian TV stations ask him to act in one or two TV series every year. In addition, because of Yu Zhanzhao's super popular, there are also many film contracts, plus advertising endorsements and commercial activities, they can earn more than one million yuan every young person.

With such a high income, Xiangjiang is already absolutely amazing now, and it can be compared with the income of some small and medium-sized bosses working hard for a year.

But these are not Huitianzi's biggest property growth.

The biggest increase in his property lies in the house in Mobil New Estate that he bought with Hui Yinghong.

When he took over "The Legend of Bao Zheng" at a high price on Baodao, he gave all the money to his sister and asked her to help invest.

After Huiyinghong asked Yin Jun, she bought 10 houses in Mobil New Estate for a price of 400 yuan per square foot, spending a total of HK$2 million.

At that time, Hui Tianci thought that his sister bought too many houses and it was useless to put them there, but he had always heard the words of this sister who had opinions and ideas, so he didn't say much.

As a result, by the end of last year, these houses rose to 1,200 per square foot in one go, which was three times the purchase price!

After counting this, he and his sister earned 4 million Hong Kong dollars in more than a year!

And more than that!

From the end of last year to now, in six months, the houses in Mobil New Estate have increased from 1,200 per square foot to 1,600! It has soared by 33%! It has made another 2 million!

Sometimes he wonders if he can retire like this, and just relying on these houses to collect rent, the rent of tens of thousands a month is enough to make himself live a comfortable life.

But he didn't dare to say this to Hui Yinghong, for fear that his sister would scold him.

Because compared to him, Hui Yinghong worked harder and became more famous. She starred in several movies in a row, all of which were big hits at the box office, and she vaguely became the name of "The No. 1 Female Fighting Star in Xiangjiang".

When Hui Tianci met her sister who worked so hard and was so strong, she became more and more awe-inspiring.

So, after receiving a message from Hui Yinghong, Hui Tianci quickly bid farewell to his friend and returned to his home.

Hui Yinghong was waiting for him at home. Seeing his drunkenness, she frowned: "Fourth Brother, I told you not to drink all day long! If you continue like this, your whole body of kung fu will be useless! How can you act then?"

"Haha, I don't drink every day. Today, ATV's filming was finished. Everyone said that I would go out with me." Hui Tianci said in a circumstance, "Fifth sister, what important thing do you have, so urgent?"

"I'll discuss something with you." Huiyinghong said.

"You said!" Hui Tianci smiled, "But what are you discussing with me? We are not the ones who decides our family?"

"Stop talking." Hui Yinghong glared at him, "Tomorrow I will list all our houses in Mobil New Estate and sell them one after another."

"Sold!?"

Hui Tianci was so surprised that she almost jumped up, "Fifth sister, why is this? Are you short of money? Are you in trouble? Tell the fourth brother! I have money here!"

Looking at his nervous look, Hui Yinghong's heart was a little soft again.

No matter how bad the fourth brother is and has bad habits, he has loved himself so much since he was a child, which is why he is willing to keep in charge of him.

Just like the 2 million investment at the beginning, Hui Tiancai's money was given, but he never asked who the house was settled in. He even took the initiative to let Hui Yinghong be in her name, so as not to spend money on his life and cut off his family's financial resources.

"It's not that I'm short of money." Hui Yinghong hesitated for a moment and said, "Xiangjiang's real estate is about to reach its peak. If it doesn't sell it now, it won't be sold at the highest price."

"It's up to the top?" Hui Tianci sneered, "Fifth sister, which idiot told you? Now everyone knows that housing prices in Xiangjiang will definitely rise, and it will rise a lot! We just sold the house like this, I don't know how much less we will make!"

"Yes..." Huiying's pretty face turned slightly red, but she still pretended to be calm: "It was Yin Jun who told me."

"Yin Jun!?"

Hui Tianci was startled, "What did he say? No! He sold the New Territories Land Exchange Equity Book at a sky-high price. How could he be so pessimistic about Hong Kong's real estate?"

For Hui Tianci, three years ago, the days when I sat with Yin Jun and had a meal at a food stall near the radio channel were the same as yesterday.

But now three years have passed, Yin Jun and him are no longer from the same world. He can't even meet Yin Jun on weekdays.

Or rather, because of the incident at that time, he was not qualified to interact with Yin Jun.

In other words, my sister knew how to be a human being. In "Wulin Waizhuan", she decided to help Yin Jun, but she got such a good reward.

Recently, Yin Jun gave Zhang Ce a script for the sake of his sister, so that he could make a lot of money!

Hui Tianci is not a fool. Since Yin Jun specifically told his sister, he was definitely not a joke or a joke.

However, how could Xiangjiang's real estate be at its peak?
To be continued...