Chapter 959: The Direction of the World

The pressure from the stock market and the pressure from the bank made many people with poor mental endurance choose to commit suicide.

When Dabao saw these news on TV, he was also full of emotion.

It's a pity that this is just the beginning, and at this time, Dabao's ant clan family has entered a time of rapid development.

The stock market has plummeted, and many people lack funds in their hands, because many people have mortgaged their houses to banks, and now the stock market is trapped, and there is no money to repay bank loans.

If you want to repay the bank's money, there are two ways, one is to sell the stocks in your hand, but this method is not feasible at all.

The stock market plummeted, and no one bought the stock at all, even if you put the stock on the down limit every day, no one would buy it, so you can only watch it fall day by day.

Another is to sell the house, even if it is sold cheaply, it is better than being taken away by the bank.

Therefore, many people find the Ant Clan's house, first sign a contract of intent, and the Ant Clan's house will pay to redeem the house from the bank, and then make a transaction.

At this time, the value of the house is not high, and the bank only gives a loan at 70% of the appraised value, so in the calculation, you can get 20% more money if you sell the house.

The Ant Clan House is now buying a house, and it only pays 90% of the appraised value, and after repaying the bank's money, of course, there is only 20% left.

As a very simple example, a house worth 1 million is mortgaged to a bank, and the bank only gives a loan of 700,000.

The Ant Clan House was bought for 900,000 yuan, and the owner returned the 700,000 yuan in the bank, leaving 200,000 yuan.

This can't be said that the Ant Clan's house is robbing while it is hot, but it is currently at this price, because there are too many people selling houses, and it is normal for house prices to fall by 10%.

Originally, Dabao still kept two-thirds of the funds and was going to use them for other projects, but now in this situation, he can only take out all the funds and use them to buy houses.

At this time, there is no purchase limit, and Dabao is not a loan to buy a house, so it is easy to trade.

In just two months, Dabao's ant clan home has 15,000 more houses in major cities across the country, with an average of less than 500,000 houses per house.

This was unimaginable in later generations, but in 07 years, this price was normal, except for Beijing, Shanghai, Guangzhou and Shenzhen, the housing prices in other provincial capitals were not high.

And it's bought at a low price, so this price is quite normal.

With this fifteen-thousand-house house, plus the previous house of the Ant Clan, the Ant Clan's house, a company that mainly rents out houses, is already very famous in China.

At this time, the time also came to 2008, Dabao had no money in his hands, and now even if he wants to buy a house, he has no money to buy it.

At this time, housing prices rose quietly, first appearing in Beijing, Shanghai, Guangzhou and Shenzhen, and there is a reason why housing prices have quietly risen.

No matter what time it is, there will be no shortage of rich people, and the stock market doesn't have to think about it anymore, because it has been falling.

Then people who have funds in their hands will not deposit their money in the bank to eat interest, so the house has become the first choice for these people.

These wealthy people bought real estate and brought real estate up, first from Beijing, Shanghai, Guangzhou and Shenzhen, and finally swept the whole country.

In the end, in any part of the country, the price of a house is one day a day, of course, it keeps rising.

Seeing this situation, Dabao is excited and painful, the excitement is that the house price is rising, the value of the house in his hand is getting higher and higher, and the pain is that the house price is rising, and he can't make another profit.

It's not that he didn't want to mortgage the house in his hand to the bank, and then buy a batch of houses, but the impact he had on him since he was a child told him that he couldn't owe money to the bank.

Although many people use bank money to make money, and they make a lot of money, such as those real estate companies, but the end is not very good.

For example, in this financial turmoil, so many people mortgaged their houses to the bank to take out loans to buy stocks, and finally lost all their money.

Therefore, there is still a certain risk in bank loans, unless the capital chain is not broken, but who dares to guarantee this.

Anyway, Dabao himself doesn't dare to guarantee that people have desires, and desires can make a person lost.

It is easy to make money with the bank's money, but it can also make people lost, and in the end, the bigger it gets, the more money the bank owes.

Wait until one day you find that a project has not been done well and all your efforts have been in vain, and at this time you will also find that you have worked hard for so many years, and in the end you are working for the bank.

Dabao is also a person with desires, but he is definitely not blindly desired, he is more sober than anyone else, and his father Ye Lin is his role model.

His father Ye Lin did not owe money to the bank, but became the largest group company in the world, which no one can compare.

Looking at those domestic companies, they say that they have total assets of tens of billions, or even hundreds of billions, but if they repay the bank loans, it would be good if they could live up to their assets.

It is estimated that those large companies with hundreds of billions of dollars are not as good as his ant clan home, and even less than his gas station net worth.

In any case, he didn't owe anyone a penny for building a gas station, and recently there are more and more vehicles in the imperial capital, and the business of the gas station is getting better and better.

The weather gradually warmed up, and the time came to May, early in the morning, after eating, Dabao drove to the city.

However, he did not go to the company, but went to Shangdi, and the reason why Dabao came to Shangdi was to go to the incubation garden, which was the incubation garden built by his father Ye Lin.

There are a variety of talented people here, and many companies have been formed from here.

The company formed from here is either wholly owned by his father or is also a shareholder.

Dabao came over today to ask the incubator to make him a software and an external APP.

He has been thinking about this since last year, but unfortunately it has not been too mature, and there is no funding, so he is not ready to do it until now.

In the past few months, the Ant Clan's home and gas station have made a lot of money for Dabao, which may not be of much use on the house, but it is definitely enough for the takeaway platform.

Dabao drove the car directly into the incubator, parked the car in the parking lot in front of the incubator building, and then went in.

Although it is called an incubator, it is actually no different from a general company, and the incubator is divided into three parts, one part is development and policy research, one part is planning, and the other part is scientific and technological experiments.

The most important of these is development and policy research, because it is related to the future direction, not only the future direction of the company, but even the future direction of the world.