Chen Weidong listened to what happened to the landlord of the building, and he didn't know what to say, he kept chasing high, and finally brewed the bitter fruit, he could only swallow it himself, everything was caused by greed, if he was not greedy, when he found that the situation was wrong, he would stop the loss in time, and there would be no result like today.

In 2007, there was an unprecedented madness in the property market in Shenzhen: housing prices rose sharply in just half a year, and the whole people lined up to buy houses and had no intention of working.

In the face of the extremely ferocious rise in housing prices, everyone's mentality is extremely unstable, and the faster the so-called housing prices rise, the easier it is to force short. When the price of an investment product is very high, even if it is good, it will be regarded as negative, because everyone is worried that they will be trapped at a high level, so as soon as there is a stir, they will immediately sell.

As it happens, 2008 was a year of substantial downside: the world experienced a financial crisis.

When the United States withdrew its troops from Iraq and Afghanistan, crude oil prices plunged, Goldman Sachs and Morgan forced debt to New Century Financial Corporation, triggering a series of subprime mortgage crises.

In the previous year, the average price of commercial housing in Shenzhen Town once climbed to 18,000 yuan per square meter, reaching the highest level in the country; After the crisis in 2008, the average transaction price of first-hand residential buildings in Shenzhen fell to 12,800 yuan per square meter.

By the beginning of 2009, housing prices fell again, to nearly 10,000 yuan per square meter.

In less than 500 days, Shenzhen's housing prices fell from 18,000 to 10,000, nearly halved.

Some speculators enter the market with high leverage, even borrowing for the down payment and monthly payment, and once the market turns down, they can't stand it. Some people may ask, "Why don't you sell a few sets of blood?" ”

It's not that I don't want to sell, it's that I can't afford to sell it. A house of 1 million yuan, you owe the bank 700,000 yuan, and then the house fell to 650,000 yuan, and the funds you get from selling the house are simply not enough to pay off the bank's debt.

The landlord is one of them, but he is still relatively good, because he is very powerful, if he sells the factory now, he can completely resist the past, and when the house price rises, he can not only untie the set, but also will not lose money, but also make a lot of money in the back.

But some people are different, they have nothing else to sell, and they can hold on until the last moment, when the price of housing will rise again.

For example, a man named Uncle Long, who used to be an employee of the Luohu Trading Company, bought a lot of properties in 2007 by using the method of high evaluation and high loans, and his style was extremely aggressive.

In 2008, the financial crisis broke out, Uncle Long was forced to sell nearly 30 million real estate while his assets shrank and his monthly payment was urgent, but he was still unable to pay off the bank's debts, and finally the news media announced that he jumped to his death.

The so-called death of people and the destruction of debts, many people did not expect Uncle Long to finally pay off the debts in such a way.

Of course, that year was often the opportunity of the century for the truly sophisticated investors, because the house prices fell, they were able to buy the bottom, and the next year the state came to the rescue of the property market, and the monetary easing was carried out, and the assets of these people also rose.

In the field of investment, opportunities are falling out, risks are rising, you can buy the bottom when it falls, and you must be careful of risks when it rises.

The landlord is doing business, for the speculation of the industry with its own financial leverage, there is no practical experience, in the house price rise when the market, after the house price plummeted, suffered a major loss, assets shrunk sharply is a matter of course.

In fact, he has already mortgaged the factory to the bank and borrowed one billion yuan, which is the main reason why he is in a hurry to sell the factory, because only by selling the factory can he have the funds to get rid of it.

Although the loss is irreparable, at least there is still some money left, enough for him to spend his old age in peace.

Chen Weidong asked Xia Yu to be responsible for negotiating with the owner of the building, asked a professional appraisal company to conduct an appraisal, and finally bought the factory of the owner of the building at a price of 1.8 billion yuan, including all the equipment in the factory, and also took over more than 800 employees of the factory.

The owner of the building also transferred all the customer information of the previous factory to Chen Youyi, including some unexpired contracts and uncollected accounts signed with customers.

As for the unpaid supplier payments, the landlord directly transferred these payments to Chen Youyi, including the supply contract.

The landlord is still very grateful to Chen Weidong in his heart, although he is asking for 2 billion yuan, but in fact, he knows very well in his heart that if Chen Weidong wants to suppress his price, I am afraid that he will sell it for 1.5 billion yuan, or even lower.

Now that it can be traded for 1.8 billion yuan, he also knows that it is Chen Weidong's kindness, and he did not press his price.

After Chen Youyi took over the factory, the factory was still in normal production, and many ordinary employees did not know that their boss had been replaced.

Although Chen Youyi has factory management experience, he can only be responsible for the normal production of the factory, but a large factory not only needs normal production, but also needs to constantly develop new customers and new projects, but Chen Youyi has no such experience before.

The orders are all in charge of the senior management in Xiangjiang, including the development of new projects, which are not his responsibility, he is only responsible for the production side, including the procurement of raw materials required for production, and the logistics of the whole factory.

Chen Weidong has little experience in running physical enterprises, especially large factories, at best, he has opened a fruit shop and worked in the factory.

Chen Weidong thought of Zhu Meina, Zhu Meina is the owner of a large hardware factory with several branches, and it is also a plastic hardware electronics factory, not only hardware, but also plastics, electronic products, auto parts, TV backs, mobile phone backs, universal chargers, etc.

That night, Chen Qian was still at her godmother's side, Jiang Li complained to Chen Weidong: "Our family Qianqian is about to become Meina's daughter, she really raised her for nothing, as soon as she came back from school, she ran directly to the opposite door, and she didn't even enter the door of her own house, and she didn't know what ecstasy Meina gave her, and she didn't even want her own mother." ”

"Wouldn't that be better? If you want to have a baby, let's just have another one. Chen Weidong said with a smile.

"It's good to have another one, so that Sissi doesn't have a companion." Jiang Li said with a smile, she has no objection to having another one now, and she can't afford to raise it anyway.

And now that the family has so much money, there is no problem with having a few more, but there is only one daughter, no matter how good the daughter is, she will eventually marry when she grows up, and no matter how filial the daughter is, the son-in-law is only half a son at most.

"I'm going to talk to Jumena about business." Chen Weidong stood up and said.

"What business are you doing with Jumena again? Why haven't I heard from you? Jiang Li asked curiously.

"Nope! Isn't this something you want to talk to her about cooperation? You also know, didn't I just buy the factory of Chen Youyi's boss? Although Chen Youyi has management experience, he has no business experience, and I wonder if Zhu Meina has several factories. I'll see if I can work with her. Chen Weidong explained.

"I'm just going to say what the hell are you doing with so much care? If you have an investment company that invests in some potential companies, you don't have to say anything about a real estate company, why do you want to invest in factories? We have a lot of money now, and we can't spend it in a few lifetimes, isn't it good to enjoy life? Jiang Li said dissatisfiedly.

"We're only in our 30s, so we can't retire now, right? Anyway, you have to do something, right? Isn't it possible to eat and wait for death now? Chen Weidong said with a wry smile.

"Then there is no need to open a factory, managing a factory is very tiring, Mina said several times last year that it was too hard to open a factory, the supplier was urging for money, the customer was dragging and there was no money to give, and the profit was not high, and I wanted to shut down the factory several times, and you still had to plunge into it, now you know the trouble, right?" Jiang Li said.