Chapter 138.9: Gambling
For the current Xiangjiang government, the auction of land is a huge financial income for them.
Especially now, there is no agreement between China and the UK, and there is no stipulation that in principle, no more than 50 hectares of land will be auctioned each year, so the Xiangjiang government can naturally sell more land for more gains.
Generally in February and March of each year, the Hong Kong government will publish the regulations for the sale of land for this year.
In addition, which land is required by their government will also be released at this time.
Of course, there are exceptions.
For example, in 81 years, the government acquired more than 400 hectares of land in Tin Shui Wai of Weicheng Company, which was announced and acquired in August.
At that time, the purchase price was HK$2.043 billion.
Although the price seems to be a lot, the more than 400 hectares of land is definitely the largest single piece of land in the history of Xiangjiang.
If you calculate the unit price, it must be the cheapest piece of land in recent years
This piece of land is actually the one that Li Chaoren and Derun acquired from the Zhao family in Tianshuiwei when Yin Jun came to Xiangjiang.
It's just that they haven't developed it, and Li Chaoren took into account the situation, so in the end it was handed over to the government for repurchase.
Facts have proved that Li Chaoren, who listened to Yin Jun's persuasion, was very correct.
At least they also exchanged 2 billion in cash, which is more than ten times more than when they bought itββ when Li Chaoren bought it, but it was only 1.5 Hong Kong dollars per square foot, setting a record for the lowest price!
The real estate and land markets in Xiangjiang have plummeted since September last year, and now more than half a year has passed, and not only has there been no sign of improvement, but the market has become more and more pessimistic and miserable.
How miserable is it?
Of course, the real estate developers in Hong Kong are the most fond of advertising.
If the market is better, they will usually be very reserved, and just sloppy inform the buyers that we are going to sell the house, so hurry up and buy it.
But if the market is not very good, the frequency of advertising will naturally be higher.
For example, now, the daily advertising pages of "Kirin Daily", that is, at the end of the genuine pages, are at least 10 pages, that is, 40 pages!
And that's not even counting the ad cards that are interspersed within.
The advertisements are all price reductions, and they are all kinds of discount information.
To be able to put so many advertisements on the "Kirin Daily", but it costs a lot of money.
The problem is that real estate is not profitable now, and there is no benefit from spending blood, which really makes real estate developers grit their teeth while crying.
Under such circumstances, the Xiangjiang government naturally has to do something.
Just a few days ago, in mid-March, the Xiangjiang government announced its land transfer plan for 1983.
They have launched a total of 32 plots of land, with a total area of more than 78 hectares, which is a lot in recent years.
In terms of price, it is 33% lower than last year's hottest time!!
You read that right.
It's plummeted by more than a third.
But it's embarrassing that at such a low price, no one still cares.
The reason is simple.
Although it is 33% lower than last year, it is almost the same as the price of the previous year.
The price of land in 1981 was already high after three consecutive years of rising prices.
And now the price of the house has fallen to the price around 1979, do you say this price matches?
After buying the land, you didn't repair the house, and the floor price alone is close to the current house price, so do you dare to repair this house?
Who wants to do a business that will lose as much as it repairs?
Therefore, the Xiangjiang government has lowered the price to such an extent, and it is obviously still running at a high level, and no one dares to enter the market.
But the Xiangjiang government has no choice.
It's impossible to reduce the price by another 30% in one go, right?
The land in Xiangjiang is not worth much, so how can we sell the land in the future to increase the government's fiscal revenue?
There is already little land in Xiangjiang, if you sell too much at a low price, how will you live in the future?
There is no way, they can only be so deadlocked.
I want to see if the market can be better in the second half of the year, so that it can be sold out somewhat.
If it really doesn't work, the only way to do this is to continue to reduce the price, so that real estate developers can feel that the value of the land is seriously undervalued, and then come to buy land.
To be precise, it's actually a game.
When the market is good, developers will definitely be willing to buy land, even if it is a high price.
At this time, what the government has to do is to push up the price of land again and again.
If real estate dealers buy land at a high price, then they must buy high and sell high, selling houses at higher prices to ordinary people.
When prices get higher and higher, coupled with panic external factors, it will immediately trigger a property market shock, causing prices to plummet, and once it will return to three or five years, seven or eight years ago.
As a result, the market is not good, the land is sluggish, real estate developers dare not take the land, and the whole market is in an embarrassment.
After a few years, the market and the economy slowly recovered, and then they entered the previous cycle of price increases.
Looking at the property market in Xiangjiang, this is the case, and the same will be true for the property market in Huaguo in the future.
It's just that there is a strange thing in this, that is, every time the price increase will rise a little more, and the price reduction will drop a little less.
For this matter that can't be solved in 2020, Yin Jun didn't think much about it.
He has been planning and preparing for several years, and he deliberately waited for the time period when the real estate in Xiangjiang has entered the lowest point, and of course he will not let it go in vain.
In fact, someone also needs Yin Jun's influence and ability to help stabilize Xiangjiang.
This man was Governor Youde.
Yin Jun knew before he came back that because the land market was very sluggish, it directly affected the hearts of the people in Xiangjiang, so Youde found real estate giants in Xiangjiang, including Niu Bijian, Bao Yugang, Li Chaoren, Zheng Yutong and others, and wanted them to make a move, but they were rejected without exception.
It's not that they don't have money, but the current market is too sinister, and they don't know when the market will recover, and they don't dare to press too much money on the land in advance.
After all, they do not have no land in their hands, and they will develop it for at least three to five years.
If a large amount of money is used in advance to hoard land, the huge financial pressure can easily drag them down.
Many small real estate developers, because they entered the market in large sums of money the year before last and last year, bought high-priced land and built high-priced houses, but before they could sell them, they encountered land prices and real estate prices almost halved.
In this way, they will lose a lot of money when they sell their houses, and if they don't sell them, the bank loan interest is even more scary, and they are in a dilemma, and they are not people.
The big real estate developers are only getting a little better off than they are.
Because if the development is not smooth, if the bank is forced to repay, the big real estate developers will not be able to bear it!
No one responded, but Youde did not despair, because Yin Jun did not come back in the United States, if he was found, if he could be allowed to make a move, he did not dare to say that promoting the development of land and real estate would at least give people a reassurance.
Now that Yin Jun has only been back for three days, Youde really can't help it, and invites Yin Jun to his official residence for afternoon tea.
The Governor stressed that this was a private gathering.
However, he also set the location at the governor's residence, which shows that he attached great importance to it.
It was naturally impossible for Yin Jun not to go.
Although Youde will die unexpectedly in Huajing in a few years, he is the governor of Xiangjiang after all, and his reputation is not bad, so it is worth Yin Jun to deal with him.
The most important thing is that in the most difficult period of Xiangjiang in the past few years, Youde was the leader of Xiangjiang, and many of Yin Jun's plans could not be achieved without his approval and cooperation.
So Yin Jun arrived at the governor's residence on time.
Not surprisingly, there were a large number of reporters crowded at the door of the governor's residence, and when they saw Yin Jun coming, they rushed over in a swarm, wanting to ask Yin Jun questions.
This must have been arranged by Youde.
He knows when to be high-profile.
Since Yin Jun is here, he will inevitably be used.
The boy didn't care, if he gave Yude a little more face, he would be able to do things in the future.
In fact, this also shows Yin Jun that Youde's recent days have been even more sad than Yin Jun imagined.
"Yes, I just came back from the United States. β
"Thank you for your concern, Oscar has given me so many honors, what I can't get, I will definitely work hard again!"
"The real estate in Xiangjiang is very good! Now the bubble has been squeezed out and it is gradually returning to normal. β
"I don't dare to suggest that people buy houses, but if you look at it in 10 years, the current high housing prices are nothing at all, you must not give up, grit your teeth and persevere, you will see the sunrise tomorrow!"
"I don't know because I'm in the United States. β
"Talk to Governor Youde? He just said to talk to me, I don't know the specifics, wait until I come out!"
ββ¦β¦β
After answering for more than ten minutes, Yin Juncai motioned to the bodyguards to separate all the reporters, and walked into the governor's mansion by himself.
Under the leadership of the staff, Yin Jun went upstairs, and before he entered Yude's room, he saw that the door of Youde's office was wide open in the corridor, and Yude himself stood at the door, looking at Yin Jun with a smile.
"Hello, Lord Governor!" the young man stepped forward quickly and handed him a bottle of red wine gift box in his hand, "A small gift, not a tribute." β
"Thank you!"
Youde laughed, took the red wine, and pulled Yin Jun into the office.
Similar to the offices of other important people, the Governor's Office of the Governor's Palace is actually not large, and it is not as large as the secretariat not far away.
For many things are done by the secretaries and assistants after the Governor has ordered them to do it, and they are to contact the people of the government.
There wasn't much that really needed Youde to deal with in his own office.
However, it is also fully equipped, the sofa opposite the desk looks classical, and on the coffee table next to it, there are already a few small plates of snacks and a pot of hot black tea.
Sitting on the sofa, Youde looked at the young man opposite, and he couldn't help but sigh in his heart.
This young man, who is only 21 years old, has already earned a monstrous fortune that ordinary people can't earn in ten lifetimes when other peers are still studying in college.
And as long as anyone who is not blind can see that as long as Yin Jun does not make a big mistake, let alone ten years, at most five years, Yin Jun can surpass the predecessors of Xiangjiang and become the richest man in Xiangjiang.
Five years later, Yin Junke is not yet 30 years old!
The richest man in Xiangjiang, who is less than 30 years old, feels terrible when he thinks about it!
When he is 40 years old, he should be able to compete for the position of the richest man in the world, right?
When I thought of the person in front of me, it was very likely that he would be the richest man in the world in the future, and a person like Youde, who held the power of Xiangjiang, did not have so much reserve and pride.
Not to mention that now Youde still has a request for Yin Jun.