Affected last month, the Xiangjiang real estate market was in a state of ice and fire. The already sluggish market in real estate sales was even colder. Because the Brian government implemented a plan to increase 200,000 permanent citizens a year, the rental market was

Extremely hot.

This also leads to a decline in housing prices, while a rising rental price, forming an extremely abnormal inversion phenomenon.

As elites in the business community in Xiangjiang, they are naturally very clear about the reason for this situation. The increase in foreign population has led to the rise in rental prices.

The more reason is that many citizens are uncertain about the future situation, so those who have the ability to buy a house have temporarily postponed this plan and continue to choose to rent a house.

Some even directly sell their own houses and choose to rent them, so that they can leave as soon as possible to avoid the future situation causing huge losses to themselves.

Faced with the current situation, Xinjian Real Estate has also slowed down the construction progress of Tianshui City project. The second phase could be delivered in October, and the third phase project was started at the same time.

Just considering the current market, Xinjian Real Estate is preparing to deliver the house in February next year and start construction in March according to the contract signed with the government.

As for the rental market, the Xinjian Group has not participated in the current market. Li Jianhui has no intention of asking the Xinjian Group to be a landlord for the rental market of citizens.

But there are some things that Li Jianhui doesn't want to do if he doesn't want them. Since Peng Kezhi has gone to Sin Chew to serve as the president of Southeast Asian Development Bank, and former executive vice president Du Ningxue also went to Perth to serve as the president of Lip Bank, Li Jianhui is temporarily the president of Xinjian Bank.

, to maintain shareholders' confidence in Xinjian Bank.

On the morning of the 6th, Li Jianhui received a report from Lin Yiming, executive vice president of Xinjian Bank. Xinjian Bank had already ushered in a wave of supply cuts, especially the group of people who bought at the peak of the 80 Xiangjiang building price, and were preparing to give up.

Some of the housing purchased were employees of Xinjian Group and Donghua Association.

The reason is that the house price has fallen by half compared to the price during their purchase period, or even 2/3. The new loan they want to pay is still left, so how could they continue to pay?

Faced with this situation, Li Jianhui was also quite difficult. This is the difference between the free market economy. It is completely dominated by the market. No one will come to protect the situation. I don’t know how many banks will collapse this time.

And once this news spreads on a large scale, I am afraid that a new round of bank runs will come again. If banks borrow so many loans, they will only return a house, which will be a huge blow to banks.

In order to deal with this problem, in the afternoon of the same day, senior executives of Xiangjiang Bank and real estate companies held a joint meeting to discuss how to deal with the houses in the bank and avoid too much drag on the development of the bank.

"Everyone, I specially invited you to attend this meeting today. The main reason is that the changes in the real estate market in Xiangjiang have caused our major banks to have many housing supply cuts in urgent need of treatment. I wonder if you have any good suggestions to avoid large-scale

The supply cutoff drags down the development of our industry.”

Major real estate groups are not very interested in this regard. Their main funds are used to expand in Southeast Asia, Treasure Island and Japan. The markets there are currently pretty good and their profits are quite considerable.

On the other hand, Xiangjiang's real estate market is afraid that it has not reached a low point yet. Moreover, because it is mainly affected by the situation, it is destined to be impossible to improve in a short period of time. They are unwilling to put limited funds in it.

Seeing that there was no senior management speaking, Li Guobao was unwilling to see the situation going on and said, "Jianhui, it is impossible for several major real estate groups to take over, and this is inconsistent with their development focus.

I think to solve this problem, the main thing is to draw several elites from major real estate groups to help major banks handle these properties."

As soon as Li Guobao's suggestion, Gan Qinglin, president of Xinjian Real Estate, immediately spoke out: "Li Sheng, at present, whether we are Xinjian Real Estate or our brother enterprise, Huidefeng Real Estate, Chinese Real Estate, Kowloon Jianye, Guanghua Jianye, etc.

Currently, it is developed in multiple markets such as Xiangjiang, Baodao, ASEAN, and Japan. There is already a shortage of personnel and there is no unnecessary personnel to be transferred to major banks.

I think this time, major banks should set up a non-performing asset management department to focus on managing these housing and shops that have been cut off, and personnel should also be recruited from the market.

Because Xiangjiang Real Estate has fallen into a downturn in the past two years, there is no shortage of talents in this area. As long as several major banks are willing, there will inevitably be a large number of talents to invest."

Li Jianhui was speechless about Gan Qinglin's petty arrogance. The presidents of these listed real estate groups had not spoken yet. As the president of the listed real estate group, he was the first to express his unwillingness to provide personnel for several major banks.

"Qinglin, and the senior executives of our major real estate companies, you cannot just consider the development of your own management companies, but also look at it from our Donghua Association's standpoint.

You should know that no matter whether it is banks, real estate, or even other companies, we are all a family. If you don’t talk about whether the transfer of personnel can be accomplished, even if you really transfer, don’t be moved.

As for major banks, it is not very good to manage and operate these real estate. The banks focus on finance, rather than operating industries, and not operating real estate.

As Guobao said, we need relevant talents to help us evaluate the value of these housing and assist us in dealing with it in a timely manner. This time people must be drawn.

But don’t worry, major banks only need a few responsible persons, and other personnel will be recruited from the outside, which will not affect the development of major real estate companies in various markets.”

Regarding how to deal with these supply cuts, due to the current market and situation factors, everyone has not come up with a very good solution. They can only be managed by major banks for the time being and then processed and adjusted after the market situation improves.

However, in order to avoid possible runs, Li Jianhui and others also specifically asked major banks to make prevention plans.

In addition to the necessary development projects, the development of all new properties will be temporarily stopped and all efforts will be paid to the Takashima, Japan and ASEAN markets.

However, in terms of land acquisition, major real estate companies should continue to do so. Don’t be afraid of having too much land reserved. You can rent it to Xinjian Vegetable Company for the time being. Major banks will fully support the land acquisition funds.

Unlike those who are confused, Li Jianhui is firmly optimistic about the future real estate market. Now it is just a short period of pain for two or three years.

After experiencing the darkness in front of you, you will surely usher in a bright future. At that time, the market value of major real estate companies will surely soar.

Li Jianhui didn't know how many trillion-level real estate companies were in his previous life. Anyway, he hoped that in ten or twenty years, Xinjian Real Estate, Huidefeng Real Estate, Hutchison Real Estate, Kowloon Jianye, Chinese Real Estate, Guanghua Jianye, Xin

Hui Real Estate can become a company with a market value of over one trillion yuan.

This also made him unwilling to give up every opportunity to let real estate companies take off, such as the Hong Kong market, the Japanese market, and the future mainland market.

The secret to making it take off quickly is to acquire land at low prices, develop in an orderly manner, and have high returns.
Chapter completed!