Chapter 155: Poor and Crazy
Sun Hongbin persuaded: "Brother, this house is really not suitable for cost performance. Even if he can give you one hundred or two hundred thousand cheaper, it will cost one hundred and eighty or nine hundred thousand. With this money, needless to say that in Bincheng, even in the capital, the house is just to choose. Last year, Lao Liu bought a courtyard house, and it was less than 500,000. β
Zhang Chen suddenly thought, by the way, there is also a courtyard. But he still said firmly: "No, Brother Bin, I really like this small building." You see, the partitions inside the house are all prefabricated panels, and it is easy to dismantle. Although the ground is a little miserable, it is not impossible to repair. Besides, you are engaged in real estate, and there must be a lot of engineering teams under your command, and you can give me a discounted price, which doesn't cost much. Zhang Chen said with a grin.
Although in terms of appreciation rate, it is definitely the more cost-effective Kyoto Quadrangle. Now you can buy a courtyard house covering an area of about 200 square meters for three or four hundred thousand yuan. After more than ten years, the price will be more than 50 million.
But Zhang Chen was still determined to buy this small western-style building, because in the future, the western-style building here would not be something that could be bought with money. The small western-style buildings of this generation in the concession area will be included in the cultural protection within five or six years. And this small building, in more than ten years, will be worth 100 million.
In his previous life, Zhang Chen always listened to his grandfather's words before his death, and there used to be a small western-style building in the concession area at home, but later during the three anti-five anti-five period, the family was afraid of causing trouble, so he burned the deed, and he failed to implement the policy in the eighties, and now it can be regarded as the completion of a wish of the deceased grandfather.
Seeing this, Sun Hongbin said helplessly: "Okay, the owner is abroad now, I'll contact him to see what price he plans to offer, but you are mentally prepared, it won't be too cheap, this homeowner is quite resolute." β
Zhang Chen groaned: "Brother Bin, you tell him that if he agrees to be cheaper than 1.5 million, I am willing to pay in US dollars." He said that he would not return to China, and the renminbi would be useless to him. He sells houses in China, and the renminbi has to be exchanged for dollars from the black market, which is not safe and expensive. β
Sun Hongbin nodded, "I forgot, you are in IDG." By the way, what does IDG do?"
Zhang Chen was dumbfounded, the real estate tycoon of the later generations actually didn't know what IDG was doing now, and he was chatting with himself so lively.
Sun Hongbin said: "When you told me that you were a partner of IDG, I wanted to ask you, isn't IDG a magazine, how can there be a partner? β
Zhang Chen laughed and laughed, but thinking about it, needless to say in this era, domestic people, even college students who came back from studying in Europe and the United States, may not know what IDG does.
"Brother Bin, IDG is a consulting company, in addition to providing consulting services, our main business is venture capital. Zhang Chen explained.
Sun Hongbin had never been exposed to this before, and he majored in water conservancy in college and graduate school. Within two years of work, he resigned and went to Lianxiang, and after working for more than a year, he was sent to squat for four years by Liu Chuanzhi, and now he has just been released from prison for two years.
"Venture capital?" Sun Hongbin became interested, "When I was in graduate school, I heard my classmates mention it, but I didn't know much about it. β
Zhang Chen explained in detail to Sun Hongbin the operation mode of venture capital, and Sun Hongbin's eyes lit up, "So, as long as it is a suitable project, you will invest in it?"
Zhang Chen nodded, "Theoretically, this is the case, but at present, our main investment direction is still high-tech and information industry. β
Hearing Zhang Chen say this, Sun Hongbin was a little disappointed. But if he shrinks when he encounters difficulties, then he is not Sun Hongbin. Rubbing his hands, Sun Hongbin said embarrassedly: "Brother, you haven't considered investing in the real estate industry? China's economy is developing so fast, and the real estate industry will definitely become the largest industry in the future." β
Zhang Chen looked at Sun Hongbin in wonder, "Brother Bin, you shouldn't be short of money, right?
Sun Hongbin smiled bitterly, "How can there be no shortage of money in business now?" After he engaged in real estate, he found that this was a completely capital-intensive industry. Even if he used a small amount of money to start the project, he would still need a large amount of cash. If you don't, you can only operate in violation of the law or play the edge ball of the law.
After four years in prison, Sun Hongbin understood a truth, that is, he must not hand over his handle to the hands of GOV. Otherwise, at a critical time, the gov can clean you up as much as he wants. Therefore, if he has no choice but to solve the financial problem through legal channels.
In order to avoid this risk and improve the efficiency of various approvals, he even gave up the position of chairman. Zhang Guizhong, who is well-connected and good at handling relationships, was recruited from the agency to be the chairman.
"Let's put it this way, brother, don't look at me driving a Mercedes now, there are three secretaries alone. Actually, it's all strong. If you don't have any faΓ§ade, you won't get any support at all. Sun Hongbin said very vaguely.
Zhang Chen thought for a while, "Brother Bin, I, like you, am very optimistic about the domestic real estate market. However, the country's commercial housing policy has not been completely liberalized, and IDG is foreign capital, under the current policy, there is no way to directly invest in domestic real estate enterprises, and must use shell companies or other ways to circumvent national regulations, which is too troublesome. β
Sun Hongbin realized that this was indeed a problem. At present, the domestic real estate market is still dominated by welfare housing led by enterprises and institutions, and commercial housing only plays a supplementary role. Therefore, the state has not officially issued relevant regulations on the development of commercial housing, and everything is crossing the river by feeling the stones.
Seeing Sun Hongbin's lost appearance, Zhang Chen comforted: "Brother Bin, you don't have to be too disappointed, I estimate that in the next year or two, the State Council and the Ministry of Construction will definitely introduce a series of policies to promote the sale of commercial housing." With the current system, even if you get investment, it's not very useful unless the country's policies start to loosen. That's when the time comes for us to do our best. β
Sun Hongbin sighed, "That's all it takes, but I really got a project recently." 170,000 square meters, at the junction of Qiaodong and Chonghua. The piece of land near Tsz Yun Temple, are brothers interested in doing it together?"
Zhang Chen is really not interested, and 96 years is the lowest time for mainland real estate. At this time, the real estate bubble in Tianya Province had just burst, and the policies that had just been slightly loosened in the mainland were tightened again, and the prices could not be sold at all. It is precisely because of this that Sun Hongbin's loan will be stuck and he will not be able to do it for a while. Now the whole society is plagued by triangular debts, and there is no one willing to borrow money for a while.
But just these three words of Sun Hongbin are worth Zhang Chen's help when he is in difficulty, which will only benefit and not harm in the future.
Zhang Chen acted as a problem: "Brother Bin, I am really not optimistic about real estate in the short term, and the profit margin is too low." And, we are equity investors. If we intervene, we will definitely ask for equity in the project. It is not possible to finance you on credit. β
Sun Hongbin hesitated, "As long as the funding problem can be solved, I can give out part of the equity of the project." β
Zhang Chen's eyes couldn't help but widen, Sun Hongbin is this poor and crazy!?