Thomas Conn wailed inwardly, but his body was very upright and kind, and he helped Anne into the bed. A beautiful lady accidentally falls, and as a gentleman, you can't help but do something.

However, Anne's request was many.

"Mr. Conn, can you help me see how the bread is doing? ”

"Mr. Conn, my water pipe is dripping, can you help me fix it. ”

“......”

"Hmm... Well, Mr. Conn, can you please not look at me like that. ”

Thomas Conn is fed up.

It's summer now, and the sun is abundant in this part of Thailand, and the bread is not soft enough for her to knead the dough, and after kneading the dough, he asked him to repair the small water pipe, and he was busy working up and down for a long time, so tired that Thomas Conn was sweating profusely, and his legs felt a little weak.

He's just a poor landlord, and he's going to be tossed around like this.

However, the tenant has a request, and as a landlord, he has no right to refuse at all, which is the spirit of the rental contract.

Fortunately, it took ten minutes, and with a lot of experience, Thomas Conn finally solved all the problems, the small water pipe stopped dripping, and the bread was ready.

Dressed in the clothes he had taken off from sweating, and clutching his old waist, which was in pain from squatting for too long, Thomas Conn packed up the maintenance tools he had brought with him and walked out of the villa with him.

Rent, of course, was not received.

Half a year ago, the Shen Jiannan Charity Foundation was established in Thailand with the purpose of helping people living in difficulty in Thailand to solve some economic problems.

Including, low-cost housing.

As long as you register with the Shen Jiannan Fund and after verification, you can rent a spacious and bright house at a price of 2,500 baht per year.

As the part-time executive director of the Shen Jiannan Foundation, Thomas Conn has the privilege of solving the housing problem for some mentally poor Bangkok residents.

Leaving Anne's house, Thomas Conn returned to the car and looked through the carefully registered guest list, which was his favorite thing to do outside of work. It is very comfortable to collect the rent, chat with the young and beautiful tenants, and help them solve some problems.

That's right, all young and beautiful female tenants.

Why?

Of course, it's because Thomas Conn only goes to these places to collect rent, otherwise, he would not have to die of exhaustion if he collected hundreds of thousands of houses alone.

Wanlana, Nanti, Kamani, Esta ...... Who's going to collect rent? Flipping through the list of tenants in his hand, Thomas Conn had the feeling that he had lived to a dog for the first half of his life, or rather, to a pig.

A year ago, the company spent $100 million to buy 180,000 properties in three major cities.

Thomas Conn has always felt that this was a stupid investment.

In order to curb the overheating of the Thai economy, the mortgage interest rate in Thailand has been very high, and the return on income that can be obtained at the rate of real estate appreciation, at most, is to smooth out the interest rate spread.

But as a result, last year, real estate prices in Thailand rose by an average of 15 percent, far exceeding his expectations.

Hell the supply and demand determine the price.

Thinking about the basic laws of economics that he had learned in college, Thomas Conn felt that he had been deceived for most of his life. Until now, he still didn't realize that the sudden explosion of real estate prices in Thailand was entirely because of the ghost of his boss.

180,000 houses were swept away at once, and there was a big gap in the Thai real estate market, which caused market prices to soar.

Investigating the source of it, it was not the $100 million from his own boss who contributed to it.

Of course, it can't be said to be 100 million dollars.

Combined with the total amount of bank loans, the total capital investment has exceeded 90 billion baht, nearly 4 billion US dollars.

House prices have risen by 15 percent, and the net profit is nearly 8 percent, because the average price of each house minus the interest rate difference has already made 8 percent, and the rental rent can completely wipe out all the labor expenses and public relations expenses, and there will be tens of millions of dollars leftover.

What a bastard guy.

Calmly scolding someone who couldn't possibly hear him, Thomas Conn decided where to go.

Kamani, that is a lovely girl, listening to her always makes people feel very relaxed and happy.

Ding Ding Ding –

The phone he was carrying rang suddenly, perhaps because he was a thief, and Thomas Conn was so frightened that the registration form in his hand fell to the ground. Realizing that he shouldn't be weak-hearted, he pressed the call button.

"Hi. I'm Conn. ”

"Thomas, it's me. ”

"Oh, boss, long time no see, is the weather good over there? ”

"Fortunately, what is the weather like in Thailand. ”

"The weather was very nice, the sky was clear, the sun was shining, it was just a little too hot. ”

"That's hard work for you. ”

"It's not hard, it's not hard. Serve the boss and say my duty. ”

"Thomas. You're getting more and more shameless. ”

"Oh buy karma, boss. You can't wronged me like this, in your Huaxia words, this is called upward and downward effect. ”

“......”

After a spanking, Shen Jiannan changed the topic and got down to business.

"Listen, Thomas. Now, we need a large sum of money, and I need you to dispose of some properties, whether it is to go to the bank for mortgage or sale, no problem. But it has to be fast. ”

“......”

“......”

Thomas Conn was stunned, having been a landlord for a long time, and he has now fallen in love with the life of a landlord. Although it is very hard to help tenants work often, but the hard work is also fulfilling and happy, and if the house is sold, how can he be a happy landlord.

"Boss. Now that the real estate market is hot, I believe that real estate prices will rise again this year. ”

"Oh. Conn, are you in love with the profession of landlord? ”

"NONO, BOSS, I'M SERIOUS. You also read last year's report, the price of real estate is increasing by 15 percent a year, and we've made a lot of money, God, that's a lot of money, rent, 18 million dollars a year. It's like a hen that lays golden eggs, how can you sell it. ”

From an investment point of view, Thomas Conn is not wrong at all.

The annualized rate of return of 8 percent is already very high, and there is no need for additional investment, and when you need to repay the bank loan, you can easily sell some property rights and add rent.

Thomas Conn has already calculated that he sold 6,000 houses last year, and when all the loans are paid off in the future, he can earn at least tens of thousands of houses, regardless of the $100 million he invested.

What is this concept?

It's not just an old hen that lays golden eggs, but a house that can give birth to a house, how can it be sold.

With Thailand's current economy and healthy inflation, this expectation is expected to be fulfilled in less than five years. Now, the European and American markets are in a downturn, and the economy has fallen into the abyss, and the whole world is afraid that it will not be able to find an investment with such a high rate of return.

Unfortunately, Thomas Conn had no idea Shen Jiannan's true purpose, nor did he know about Capital One's reciprocal agreement with HSBC.

"Thomas. Listen, and don't forget about the real estate bubble in Ben. Now, I have a better investment plan, but it requires a lot of money, listen to me, if I can mortgage the high-quality real estate with the bank, I will mortgage it to the bank, and if it can be sold, I will sell it as soon as possible. OK？”

After a pause, Shen Jiannan added.

"If you mortgage the property to the bank and repay the loan later, don't worry about it, let the bank help us deal with those assets. Now, all we need is cash. ”

“......”

Not repaying the loan?

Thomas Conn was stunned.

"Boss. If the loan is broken, it will seriously affect our credibility in the banking industry. ”

"What does it have to do with us? It's not the house we bought, right?"

“......”

Thomas Conn was almost choked to death by Shen Jiannan's words, but he suddenly realized that what his boss said seemed to be correct at all.

Anyway, those property rights registered have nothing to do with the company, and they have nothing to do with themselves.

And so on –

Shameless!

Can you be a little more black-hearted? A certificate of identity, a few dozen dollars, but it was sold like this.

"Boss. You're not a thing. If we break the loan, the bank will definitely treat the property as a non-performing asset, and those who register it will not be burdened with a lifetime of credit default. ”

"Uh-huh! What does that have to do with us? With a mortgage of 6.8 percent a year, I don't want to keep losing money. Besides, we gave them money. ”

“......”

Why are there such shameless and evil people in the world?

Hanging up, Thomas Conn looked up at the clear sky and made a cross on his chest.

"Oh God. Please forgive me for my sins, it was all the bastard who forced me, please bless the poor fellows, don't be too miserable. ”

Two and a half p.m., Bangkok Bank.

Three luxury cars slowly stopped at the door of the bank hall.

Soon Thomas Conn strode into the bank hall with his secretary and lawyer, as well as a few bodyguards.

More than a dozen people came at once, as long as they were not fools, who could not see the status of Thomas and his party, and the bank manager, Kuan Caron, immediately greeted him with a smile.

"Hello, Mr. Conn. Is there anything I can help with?"

Clearly, Kuan Cuarón and Thomas Conn are old acquaintances.

And no wonder. Buying 180,000 houses, but all by mortgage and then purchase and remortgage, Thomas Conn has visited almost all the banks in Thailand, not to mention the accounts of financial companies, he can be regarded as one of the most senior VIPs in the entire Thai banking industry.

Received by Kuan Karon, the group was welcomed into the Bangkok Bank's premium lounge.

When Thomas Conn said what he wanted to borrow, Kuan Caron smiled even more respectfully.

In the past year, Bangkok Bank has earned an astronomical amount of commissions on Thomas Conn alone.

This guy is not only reputable, but also generous, who wouldn't like it.

Now, as long as he can lend out the money, the bank will be able to earn a sum of interest, and he can also get a generous business commission, the real estate is booming, and the risk of taking the house as a mortgage is minimal.

"Mr. Conn, I don't know how much baht you want to borrow. ”

"Oh, that's right. My company in the U.S. now needs a lot of capital turnover, presumably, 7 billion baht. ”

“......”

At the same time.

Bangkok's No. 1 real estate agency rental and sales company, hanging a conspicuous huge poster at the door of each branch.

Near Silom Night Market, luxury and well-decorated mansions are on sale for a limited time.

Sukhumvit Road Asok, Nana, there are houses of different sizes for sale for a limited period of three days.

Because of the immigration of homeowners, Ekkamai has fully furnished units for sale for a limited period of one week.

Bangkok's unique location, with moderate temperatures of 360 days a year, makes it a particularly livable place.

In recent years, with the full liberalization of Thailand's economy, countless overseas capitals have flocked to the country, pushing Thailand's economy to new highs one after another.

People's incomes have doubled one after another, and the quality of life has continued to improve.

The sun is shining, the wind is beautiful.

Walking the streets of Bangkok, you can see well-dressed men and women everywhere, with smiles and joy on their faces, enjoying the prosperity brought about by economic development. At the fruit stalls on the road, people bargain with vendors from time to time to buy things, and the meat stalls in the vegetable market always surround many people to buy fresh meat.

Today's Bangkok, compared with the nine districts of Hong Kong, is not much different.

On the crowded streets, motorcycles can often be seen roaring past, and even small cars are not particularly rare. Some people are holding the latest style of big brother, some people are wearing gold necklaces around their necks, some people are gathered around securities companies to watch the securities rise and fall, and some people are waiting in a long line at the door of the bank to withdraw money.

The Asian Miracle, the first of the Four Asian Tigers. But no one knows that the changes on the other side of the world will break the prosperity here.

London, United Kingdom.

Shen Jiannan sat on the sofa, quietly pondering, his dark eyes flickering from time to time, which meant that his brain was running at high speed.

Although Thailand's real estate market is still very hot, if there is a large-scale sell-off, it will soon smash this market, and all the real estate concentrated in Bangkok Bank will be cut off and defaulted, 30,000 properties, and the bad debt rate is enough to force Bangkok Bank into the abyss of bankruptcy.

Even if the BOT does not save the Bank of Bangkok, it will inevitably attract the attention of the entire banking industry, and it will be no surprise that the Thai banking industry will increase the risk assessment of real estate, limit the size of loans and reduce the proportion of loans.

Once the risk assessment is improved and the capital inflow into the real estate market in the banking sector is greatly weakened, the upward trend of Thailand's real estate industry will soon fall into the bottleneck of contraction. With Thailand's ambitions, it only wants to build an Asian financial center and maintain the exchange rate of the Thai baht, so it is impossible to increase the amount of currency to protect real estate, reduce capital investment, and reduce the rate of return.

It seems that you have to be gentle, in case someone enters the game early, it won't be a bad thing.