Chapter 1674: A good time to buy at the bottom

At that time, the rate of return of 100% was not high at all.

There was a Songlei Building at that time, and seventeen of them were sold in front and behind.

When the last person took over, the money from the sixteen-hand speculators had not been in place.

When the collapse occurred, the last one sued all sixteen of the previous ones.

The top 16 companies could only raise some money each before they could barely complete the building.

Despite being lucky enough to escape, the seventeenth speculator is still unforgettable for the thrilling and collective absurdity of that year.

In 1991, the average real estate price in Nanhai Province was only 1,400 yuan per square meter.

By 1993, the price had soared to 7,500 yuan per square meter.

In two years, it increased by almost five times!

Such a terrifying increase is enough to show how much huge profits the real estate industry can bring.

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

But when the capital leaves the market, there is only a place of chicken feathers left here.

In today's Nanhai Province, there are still a lot of unfinished buildings left.

It will not be until next year that Nanhai Province will gradually deal with these unfinished buildings, gradually putting an end to this matter.

However, the lesson is extremely painful, so many years later, people who have experienced it still lament whenever they mention it.

In the original world, the mythical Nanhai Province took eight years to recover.

What Chen Jianghai wanted to express was very simple. It was because of the poor real estate supervision that it brought great disaster to Nanhai Province.

If the country wants to start warming up real estate, it must be well regulated.

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

Chen Jianghai roughly talked about what the Nanhai real estate bubble brought about.

The purpose is also very clear, which is to sound the alarm so that those who formulate policies can consider related issues more and avoid them as much as possible.

If the real estate industry does not have enough strict supervision, it will inevitably bring serious consequences.

Because this is also a problem of people's livelihood, no mistakes are allowed.

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

"The most important thing is that there is sufficient supervision.

House prices cannot be allowed to rise blindly, otherwise this will definitely bring about a serious crisis."

"The current economic development of China is getting faster and faster.

However, due to the impact of the financial crisis, domestic demand is constantly shrinking."

"In the contradiction between the two, it will only affect the domestic economy.

If you want to break this phenomenon, you can only develop new industries.”

"Real estate is the only way out for China at present.

If you give China more than ten years, you may find a better and faster route."

"In this situation, the entire economic environment can no longer give China so long."

"If you want to quickly change China's current economic environment, real estate is the only way to choose."

"If you can't even get through the difficulties in front of you, 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 another way?"

"there is no time."

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

These four words suddenly left Feng Zongxian speechless.

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

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

Feng Zongxian also understood at this time that it would be helpless to choose such a plan.

Because there is really no choice.

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

We cannot let China's real estate 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 sinners in this country.

Feng Zongxian knew that the responsibility was heavy, so he stood up 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.

His views have been expressed, which is enough.

He has a clear conscience.

As for making a decision, that's the above thing.

According to the history of previous lives, the country's development of the real estate industry is an imperative thing 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-invested enterprises are scrambling to withdraw their investments considering the situation in China.

Among them, there are many construction companies.

Foreign capital is leaving too hastily, and these companies are either discarded or sold at a low price, so there is no time to deal with it and there is no intention to deal with it.

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

If Chen Jianghai makes a move now, he will of course be able to buy these companies at an extremely 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.

Xu Guodong now has two large-scale projects, and with the scale of his company, he can't afford it at all.

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

Just at this time, Xu Guodong can buy construction-related industries to expand his body.

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

As long as you buy it back, you will definitely make a fortune.

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

Before leaving, Feng Zongxian specifically told Chen Jianghai about the release of satellites.

Nowadays, the whole country is not very optimistic about Qiuhai's launch of satellites.

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

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

It would be better to do it when the limelight of this matter has passed.

Regarding Feng Zongxian's proposal, Chen Jianghai nodded slightly and said that he knew.

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

After dealing with Chen Jianghai for so long, Feng Zongxian certainly knew what kind of personality the other party had.

He knew very well that Chen Jianghai must have not listened to what he had just said.
Chapter completed!