A meeting was held at BMW China in the morning, and it instilled more confidence into the senior management of BMW. The BMW X3 series will surely bring the company to a new glory.
I arrived at the Hurricane Building in the afternoon and had a meeting with the senior management of the Hurricane Building. In addition to the general meeting, I also held a small high-level meeting.
Attending the meeting were General Manager Zhao Yu, Finance Minister Yu Yi, and Zhang Zheng, the person in charge of Xiangjiang Hurricane Construction who returned from Xiangjiang.
"Now that everything is known, let's talk about our opinions and whether we should follow up." Yang Dongxu sat in the reception area of the chairman's office.
Next to him sat Yu Yi, and across from him sat Zhao Yu and Zhang Cheng. The four of them held a small conference room with senior executives like a tea party, but the topics discussed were not relaxed at all.
This small conference room was only attended by the charter, not other high-level executives of Hurricane Building, because the topic of the topic was Xiangjiang Real Estate.
It’s not that the Xiangjiang government has made any big moves and needs the cooperation of Hurricane Construction, so the charter party came back to discuss it.
The subprime mortgage crisis is still raging around the world, and the global economy will not be prosperous in the next few years. At this time, the Xiangjiang government will definitely focus on maintaining economic stability and will not make any big moves in real estate.
The topic this time is that the four major families in Hong Kong are taking advantage of the global subprime mortgage crisis. Although the financial market in Hong Kong has not been targeted by American financial predators, house prices have begun to decline due to the impact of the global subprime mortgage crisis. These four families have begun to take advantage of this opportunity. Got the land by buying the bottom.
Speaking of the four major families in Xiangjiang, the first thing that comes to everyone's mind is Xiangjiang's housing prices, which rank first in the world. It can be said that the housing prices in Xiangjiang were only so high in later generations. Even strange buildings like pigeon cages have become an unattainable dream for Xiangjiang residents. The housing prices of such pigeon cages are still catching up with those in mainland school districts.
There is a direct relationship between the four major families that control Xiangjiang real estate.
Everyone knows that Hong Kong is an island called Hong Kong Island. Therefore, at present, the land that can be used for real estate development is limited, which means that the per capita area is only so much.
As the population of Xiangjiang increases and the economy becomes more and more prosperous, the land is fixed but the population and economy are rising, so housing prices will naturally start to rise.
The land with limited developable real estate is basically in the hands of the four major families. Whenever the Xiangjiang government releases a piece of land to stabilize housing prices, the land will go into the pockets of the four major families.
At the same time, the four major families that control the developable land in Xiangjiang will not build houses on all the land and sell it. Instead, the land value is squeezed out of the last trace of profit.
Only a few houses are developed for sale every year. There are many people but few houses, and the economy is still developed, so the house prices will naturally rise.
When deformed houses like pigeon cages were developed and the Xiangjiang government realized the seriousness of the matter, it was already a bit late.
Because at this time, it is not just the four major families who are holding the land in their hands and releasing it little by little. Those who own houses also do not want the government to continue to release too much land for real estate development.
Because more land has been released, more houses have been developed, and the supply of houses is not so tight, house prices have naturally fallen in response to the situation. The houses they paid a lot of money to buy have directly depreciated.
Therefore, after 10 years, due to the influence of the four major families and the homeowners, the biggest headache for the Hong Kong government will be the scarcity of housing space in society and the increasing population of Hong Kong.
This problem was not solved until Yang Xu was reborn, unless there was a financial crisis like the one from 1997 to 1998, which completely burst the real estate bubble.
Otherwise, what was originally just a problem to deal with the four major families has evolved into a problem for the entire housing-owning family in Hong Kong. This problem is no less difficult than a financial war.
However, in the last life, the four major families succeeded in stealing chickens, and successfully bound the homeowners to their own chariots.
Those who can afford to buy a house in Hong Kong are from the bourgeoisie. If they unite, they will not influence the economy of Hong Kong, but at least the government cannot easily take action.
But with the presence of Yang Dongxu in this life, the four real estate tycoons in Xiangjiang have become the five tycoons. At the same time, although Yang Xu does not hold the most land in Xiangjiang now, because of the previous financial crisis, he directly bought the bottom to stabilize the overall situation, and he has the most existing houses in his hands.
Yang Bancheng's nickname has no water at all. Therefore, it plays a decisive role in the real estate industry in Xiangjiang.
Therefore, this time the Hong Kong government is preparing to release some land in Hong Kong, hoping to stimulate the economic environment in Hong Kong, which has been implicated by the subprime mortgage crisis, and buck the market trend to gain more development.
As one of the five major real estate developers in Hong Kong, Hurricane Architecture was naturally invited to the list.
The purpose of Zhang Cheng's return this time was to discuss the hurricane construction's attitude towards a series of land auctions in Xiangjiang over time.
Whether to follow the four major developers to acquire land in a negotiated and measured manner, or not to participate and just take a few pieces of land as a token, or to act like a dragon crossing the river and eat up a large area of the existing land for auction, and reduce the land reserve in Xiangjiang. Let’s take a look at the land storage capacity of the four major families.
"From the perspective of company development, I don't mind continuing to acquire land in Xiangjiang. With the current property holdings of Hurricane Construction in Xiangjiang, we will not worry about selling houses in the next 3 to 5 years.
And although the subprime mortgage crisis did not have a big impact on Hong Kong's financial market, the global economic downturn has also affected Hong Kong. No one can say when this situation will ease. "Zhao Yu said.
I have to say that Zhao Yu's analysis is reasonable and well-founded, if everything follows normal economic logic. Now Hurricane Construction cannot acquire any more land in Xiangjiang.
Because there are really too many houses hoarded in hand, and acquiring more land will continue to occupy the company's funds. After the funds are occupied, given the current economic environment, it is still unclear when they can be cashed out.
With this kind of money, it is better to get a few more pieces of land in the mainland, because Hong Kong's economy is more deeply integrated with international standards. The mainland's economy needs to be more stable during this subprime mortgage crisis.
In addition, the real estate industry in mainland China has become more popular at this time, and the days when acquiring land means making money have begun. Everyone thinks that with this money, it is more stable and convenient to cash out in the mainland.
"What do you think?" Yang Dongxu looked at Zhang Cheng.
As the current person in charge of Hurricane Construction Xiangjiang Branch, his opinions are obviously quite important.
"Manager Zhao and I have a little different ideas." After saying this, Zhang Cheng smiled apologetically at Zhao Yu.
Zhao Yu stretched out his hand to signal him to continue. It is normal to have different opinions when talking about work. As a general manager, he never talks in a single tone. This is the patent of his big boss.
"I think we should continue to acquire land. The plots released by the Xiangjiang government this time are in good locations and have great economic development value. At the same time, the four major families have shown strong interest in these plots.
According to the information I have, they are actively preparing funds to prepare for a big move. The four major families have much more land in their hands than we do, and as long as they want to continue to eat it, they are obviously more confident about the future of Xiangjiang real estate than we are. "
Although the charter does not give any strong persuasive reasons, following the crowd is a good reason.
Especially which one of the four major families is not an old fox?
They are now willing to continue betting, obviously with their own ideas. They won't lose money when they get the land, and Hurricane Construction won't lose money when they get the land too.
