Chapter 223: Replicating a Successful Mansion

Land finance is really a sweet poison for the government. Especially when the property market is good, as long as you take out a piece of land, you can sell it at a super high price. Then the government uses the money from the sale of the land to pay the salaries of civil servants, to do municipal greening, to do other things that seem to have to be done.

However, the money is easy to come by, and I don't care about spending it.

So the people of country H will see that in the green belt downstairs of their house, the pine trees turn into ginkgo, and the ginkgo biloba becomes pine, and the plants have to be changed several times a year.

The road at the entrance was also repaired and repaired.

Even on snowy days, sprinkler trucks are on the road as usual.

And all this is spent on the money in the pockets of buyers in country H.

The shadow of the economic crisis has been completely driven by the effects of the World Cup. At the moment, bank credit is extremely loose. You must know that at the height of the crisis, the interest rate of the Bank of Country H was as high as 30%, but now with the reduction of interest rates, more and more people in Country H have begun to pay attention to real estate.

In many developed countries, people can live in rented homes for the rest of their lives.

But not in country H, where the rental system can be called perverted. Because there are two ways to rent a house in country H, one is monthly rent and the other is whole rent.

The so-called monthly rent refers to the way of paying rent on a monthly basis.

It seems that this method is no different from the domestic one.

However, the payment method of country H is 10 to 1. In other words, if you want to rent an apartment on a monthly basis, you must first pay the rent, and 10 months' rent will be used as a deposit.

As for the other type of rent, it is simply a large sum of money, which is handed over to the landlord, and then the landlord does not collect rent. Wait until you don't live in and get the money back from the landlord.

Of course, for many people, a ten-month rent deposit, or a large sum of money for the whole rent, is a rather threshold thing in itself.

And because renting is so profitable, after getting a deposit or a large sum of money for the whole rent, the landlord will often go to the bank for a loan and then buy a new real estate.

In this way, the property market in country H presents a kind of richer people with more houses in their hands, and the more money they have, the more they can't afford to rent a house.

Of course, Kim Jae-ryong also likes to buy a house, but in the past, he had little money in his hands, so he could only buy some semi-basements.

However, after renting out, the income from rent is quite considerable.

The current prosperity of the real estate market in country H is even more difficult to ignore.

Many people think that it is particularly difficult to develop a real estate project to recover funds.

However, this is not the case, because the building is a pre-sale system, which means that in the case of real estate boom, the house can be sold without being completely built.

To achieve this effect, all Kim Jae-ryong has to do is to take a picture of the land, and then simply lay a foundation, as long as the construction progress of the house meets the minimum sales required by the government, the house can be sold!

Even if it is a house that has not been built, it can be recovered in a fairly short period of time when the market is booming.

Then you can go to the bank to borrow more money, reinvest it in the land market, and so on, using a snowball model to make your assets bigger and bigger.

This is the true meaning of land finance.

In later generations, for domestic real estate developers, this is basically the foundation.

But at present, the builders of country H are still recovering from the wounds caused by the financial crisis, and they dare not increase their capital leverage so recklessly as Kim Jae-ryong.

……

So, now only the bold can make money. And Kim Jae-ryong felt that Li Tae-chun found himself at this time, and if he used it properly, he might be able to give these loan sharks to Miss Gu. At the same time, it can also solve its own financial problems.

Kim Jae-ryong thinks very well, but people like Xu Dongxing and Li Tae-cun are not so easy to deal with.

After returning from Busan, Kim Jae-ryong put himself

Locked in his room, he thought about it for days. Then there was a final decision.

On this day, Kim Jae-ryong called Lee Tae-chan's men. Then the other party sent a car and took him to the residence in Li Tai Village.

After he met, Lee Tae-sin didn't rush to ask Kim Jae-ryong for his reply. I saw him leisurely feeding the fish in the house, and Kim Jae-ryong couldn't help but feel very envious when he saw this guy living such a happy life in his old age.

"You've already thought about it, do you want to agree to my proposal?"

"I've figured it out! But if it's 30 billion, that's too little?"

Hearing Kim Jae-ryong's words, Lee Tae-chon suddenly stopped, then turned to look at him.

"What did you say?"

"I said that there is only 30 billion funds, which is too little, don't you think? If we take such a good lot and don't make good use of this land, it would be a pity!"

"Wait a minute, didn't you tell me before that you want to get your money back as soon as possible?"

"Yes, we need to recover the funds as soon as possible, if the auctioned piece of land could have built 6 buildings, but we only need to use one building, we can recover the funds, and then we can sell the remaining building slowly, as for the other 4 buildings, we only rent and do not sell, what do you think of this kind of business!"

"Rent or sell? Is there any money to be made by doing this?"

"Senior, I'm afraid you mean you want to build more houses, and then sell them as soon as possible to get back the funds! To be honest, I thought the same way at first, but then I thought about it again, if every house built by my company in the future will be regarded as a mansion, do you say that if I build one building, it is equivalent to someone else building several buildings?"

"The idea is good, but how about the operability?"

Lee Tae-chon was clearly a little incredulous about what Kim Jae-ryong had said.

Although the real estate market in Hancheng is indeed booming now, it is really a bit fantastical to want to earn back the money of the entire land with one house!

……

However, what Kim Jae-ryong said is not groundless. Because he knew that in later generations, there was a top mansion in China, located on the banks of the Huangpu River. Although it is said that it is only a one-by-one apartment building, because of its fame, there is never a shortage of houses for sale, and it has even become a benchmark building for high-end residences in the magic capital.

And considering Hancheng's side! In the same way, a Han River runs through the city, and the price of any house that leans on the river and can enjoy the river view is bound to be cheap.

In this way, Kim Jae-ryong can completely copy the successful mansion building in China in the future! Create a Tomson product in Hancheng......