Rebirth: Return to 1991 to be the richest man

Chapter 1674: A good time to buy bargains
At the time, a [-] percent return was not very high at all.

At that time, there was a Songlei Building, which was speculated for seventeen lots.

When the last person took over, the money from the previous [-]-lot speculators had not been received.

When the collapse came, the last family took all the previous sixteen families to court.

The first sixteen families could only scrape together some money to finish the building.

Although they were lucky enough to escape unscathed, the No. 17 speculators still have an unforgettable memory of the thrilling and collective absurdity of that year.

In [-], the average real estate price in Nanhai Province was only [-] yuan per square meter.

By [-], the price had soared to [-] yuan per square meter.

In two years, it has increased almost five times!
Such a terrifying increase is enough to show how huge profits the real estate industry can bring.

Real estate has created one myth after another in Nanhai Province.

But when the capital withdraws, only chicken feathers will be left here.

There are still a lot of unfinished buildings left in Nanhai Province.

It will not be until next year that Nanhai Province will begin to gradually dispose of these unfinished buildings and gradually bring this matter to an end.

However, the lesson was so painful that many years later, people who have experienced it still lament every time they mention it.

In the original world, it took eight years for the once-mythical Nanhai Province to recover.

What Chen Jianghai wants to express is also very simple. It was because of poor real estate supervision that it brought a huge disaster to Nanhai Province.

If the country wants to start warming up real estate, it must do a good job of supervision.

If a city is like this, if a country is like this, I really don’t know what the consequences will be.

Chen Jianghai briefly talked about the Nanhai real estate bubble and what it brought about.

Its purpose is also very clear, which is to sound the alarm so that policymakers can think more about relevant issues and avoid them as much as possible.

The lack of strict enough supervision in the real estate industry will inevitably bring serious consequences.

Because this is also a matter of people's livelihood, and there must be no room for error.

After Chen Jianghai elaborated on his views, he finally concluded: "Feng Shi, actually I think there is no problem in developing the real estate industry."

"The most important thing is that there needs to be adequate supervision. House prices cannot be allowed to rise blindly, otherwise it will definitely bring about a serious crisis."

"Nowadays, China's economy is developing faster and faster. However, affected by the financial crisis, domestic demand is constantly shrinking."

"The contradiction between the two will only affect the domestic economy. The only way to break this phenomenon is to develop new industries."

"Real estate is the only way out for China at present. If we give China more than ten years, we may find a better and faster route."

"The current situation and the entire economic environment can no longer give China such a long time."

“If we want to quickly change China’s current economic environment, real estate is the only way we can choose.”

“If we can’t even get through the current difficulties, let alone the future.”

After listening to Chen Jianghai's words, Feng Zongxian was a little confused now.

He frowned and thought for a while, but finally couldn't help but raise his head, looked straight at Chen Jianghai and asked: "Jiang Hai, can't you really find no other way?

"No time."

Chen Jianghai shook his head slightly and only answered these four words.

These four words immediately left Feng Zongxian speechless.

Today's China can be said to be in a very dangerous environment.

Once it is not handled well, no one knows what will happen.

Feng Zongxian also understood at this time that there was no choice but to choose such a plan.Because there really is no choice.

The development of real estate is necessary, but the state must also introduce sufficient regulatory measures.

China's real estate cannot be allowed to become the next economic bubble and repeat the mistakes of Nanhai Province.

Otherwise, the future may really be a huge disaster.

At that time, including him, Feng Zongxian, will be the sinners of this country.

Knowing the great responsibility, Feng Zongxian stood up directly and said with a very serious expression: "Jiang Hai, I will convey your views truthfully."

Chen Jianghai didn't want to say too much about this matter.

He had made all his points, and that was enough.

He has a clear conscience.

As for making decisions, that's up to you.

According to the history of previous lives, the country's development of the real estate industry is imperative at this stage, and there is no choice at all.

With the development of real estate, construction industries such as steel and cement will also usher in rapid development.

Nowadays, many foreign-funded companies are scrambling to withdraw their capital, considering the situation in China.

Among them, there are many construction companies.

Foreign capital left in such a hurry that these enterprises were either abandoned or sold at low prices, with no time or inclination to deal with them.

Now is definitely a good time to buy at the bottom.

If Chen Jianghai takes action now, he can certainly buy these companies at a very low price.

When China begins to develop the real estate industry, these companies will be able to bring enough profits to Chen Jianghai.

The last time Xu Guodong came to Pingshan, Chen Jianghai had already told him about this matter.

Xu Guodong now has two large-scale projects in his hands, which are completely unaffordable given the size of the company in his hands.

If you want to complete these two projects, you must expand your scale and build the volume as much as possible.

At this time, Xu Guodong could buy construction-related industries on a large scale to strengthen his body.

At this time, the acquisition prices of these companies are outrageously low.

As long as the acquisition comes back, you will definitely make a lot of money.

It is no exaggeration to say that this is the best opportunity to enter the real estate industry.

Before Feng Zongxian left, he specifically told Chen Jianghai about launching the satellite.

Now the whole country is not very optimistic about Qiu Hai's satellite launch.

Although Feng Zongxian believed in Chen Jianghai's judgment, he also felt that this matter should not be questioned by too many people.

So he persuaded Chen Jianghai, hoping that he could delay it a little.

It would be better to wait until the limelight of this matter has passed.

Regarding Feng Zongxian's proposal, Chen Jianghai nodded slightly, indicating that he understood.

Seeing Chen Jianghai's appearance, Feng Zongxian sighed slightly in his heart.

After dealing with Chen Jianghai for so long, Feng Zongxian certainly knows what kind of character the other person is.

He knew very well that Chen Jianghai definitely didn't listen to what he just said.

Originally, Feng Zongxian wanted to say a few more words, but after thinking about it for a while, he finally gave up.

(End of this chapter)