What kind of bad thoughts can the director have?

Chapter 140

Fu Yaming and Wang Kai are classmates in the same year of Chinese opera. They knew each other very well when they were in school. When they learned that Wang Kai bought this courtyard, they chatted with Liu Man and Jiang Shiyu about campus anecdotes, and called him Kaikai affectionately. He also showed them the party photos on his mobile phone.

Taking advantage of this time, Luo Xue chatted with Yang Shu in private: "What car did you buy?"

Yang Shu hasn't bought a car yet, not only he hasn't bought one, but Liu Man and Jiang Shiyu haven't bought one either, and it's the original red firetruck that travels.

This is a bit too simple. Sister Tao has twelve luxury cars, and the total value of Huang's various cars is more than 1 million. Yang Shu doesn't even have an electric donkey.

Sister Tao is the spokesperson of Porsche, and she can get super low discounts when she comes out to buy a car, and the specialty store can also offer discounts on sample cars, so that special customers can drive home at half price.

Even so, I didn’t buy it. Although the studio made a lot of money, the funds first satisfied the investment, and I didn’t pay much attention to this aspect.

"I didn't buy a car, so I don't really need it."

"But especially interested in investing in property?"

The first time the two met alone, they used the excuse of talking about real estate, but it turned out that they were actually talking about film distribution.

After half a year, Luo Xue suddenly brought up real estate again, and was she chatting after looking at the yard?

"Who is not interested in settling down in the capital?"

"At present, many people's consumption order is to buy a car first and then buy a house. I am afraid that you have saved all the funds for real estate investment."

There are guesswork elements in this statement, but the guess is basically right, Yang Shu is noncommittal.

"As far as I know, a meeting will be held next month to continue to study the establishment of Xiong'an New District in Hebei. Have you heard?"

I didn't expect to talk about this matter again. This kind of meeting has been held every year in the past few years, and it may be held again in the future.

Yang Shu realized that her judgment on Luo Xue was wrong. She founded Tiange Media not because she was interested in film distribution, but because she was interested in all matters of making money.

Yang Shu didn't pay attention to this information, and was always too busy with the work at hand, so he didn't have the energy to get involved.

But I have to admit that for the prophets, this is a rare opportunity to make a fortune.

"I didn't notice, really."

"Is it true or not?" Luo Xue looked into his eyes, "I didn't say you were lying."

"I'm afraid my sister-in-law will misunderstand me and not report it."

Luo Xue leaned back slightly, as if she wanted to see more clearly: "Then did you know about it and not report it?"

Everything is subject to development and change. Half a year ago, Yang Shu was not very interested in speculating on real estate in the new area, because he had no money at hand, and real estate business without enough money was meaningless.

It's different now. Within two months, Wonderful Studio will earn hundreds of millions of dollars. Apart from leaving enough funds to invest in "Warrior", the other money can't be left to depreciate, right?

"Sister-in-law, last time you said that a relative has entered into real estate in Xiong'an, how is the situation now?"

Yang Shu knew that Luo Xue must have participated in the real estate development of Xiong'an. The so-called relatives may have been, but they were more likely to be her white gloves or employees, just like Tiange's general manager Hua and director Huang.

"Of course it came out, how dare you eat and drink for free and waste the imperial food inside."

"Actually, if you don't eat, you don't eat for nothing."

Luo Xue was not in the mood to tease him, and talked about the current predicament of his relative's real estate business.

She said that her relatives were the pioneers in the development of male saddles, and they started early when they got the news. In 2014, they went to the registered company to buy land.

"At that time, housing prices in Xiong County, Anxin County, and Rongcheng County averaged over 24 yuan, and Baigou was almost 4000 yuan. My relative invested [-] million yuan to build a community in each of these four places, all of which were [-]-story buildings. A total of [-] buildings, a total of [-] two hundred suites."

"The scale is not small."

"It's not too big. There are six buildings in one community in each county, which can only be regarded as a medium level."

Yang Shu pinched his fingers and realized something was wrong: "You have more than 4000 suites, and the average price is about [-]. An investment of [-] million is probably far from enough. A rough calculation is at least a billion."

"Yes, the total investment is nearly 17 billion, and the loan is 12 billion."

30.00% investment, 70.00% loan, this is the common practice of real estate developers. It is actually quite risky, but in recent years, real estate has been improving, and everyone does it this way.

Seeing Luo Xue's expression, Yang Shu knew something was wrong with the project, otherwise the so-called relatives wouldn't be brought in for free.

However, given that the real estate project owes more than one billion to the bank, as long as it is not a criminal case, people like this will not be locked up, and they have to be released to get money to pay back to the bank, which can be regarded as an extra life-saving talisman.

"How much is the house price over there now?"

"The strange thing is that in the past two years, there has been a lot of thunder and rain in the policy of Xiongan, and the market has completely deviated from expectations. The average price has only increased by a few hundred, about 15.00%, and Xiong County, Anxin County and Rongcheng County are still less than [-]%. Five thousand, Baigou basically didn't move."

"If it has risen so much, isn't it not even enough for bank interest?"

"This is indeed the case. The interest rate of real estate loans has been raised by 40.00%, which is simply usury."

There was support for real estate loans in the past, but now there is no support, and it is still rising, but it is not a usury.

"Besides, at the end of last year, due to land disputes, people were arrested and stopped working for a while. The construction is currently entering the final stage. If there is no good policy stimulus in the follow-up, the follow-up may be very troublesome."

After two years of work, the project has not been completed yet, the interest is more than 1 million a year, and the total investment is equal to more than 20 billion. No wonder Luo Xue is particularly sensitive to this topic.

There will be a meeting next month. In Yang Shu's memory, this meeting may not be very beneficial. He remembers clearly that Xiong'an's crazy real estate speculation happened in 2017. The house price went from a few thousand to [-] in a few days. Then the brakes were slammed on.

Is this kind of business possible?
Of course you can do it, and you will make a lot of money after a year of doing it well, but you have to have a good way and opportunity to get involved.

"Sister-in-law, I think these houses of your relatives can't count on the next month's meeting. You have to find another way to get out of the predicament. This kind of meeting that was arranged early usually doesn't make major decisions, and you should be able to guess it."

Luo Xue sighed: "Riding a tiger is hard to get off now, the house is being finalized, the capital chain is about to be broken, the bank loan is overloaded, and refinancing is almost impossible."

In this case, it is not only impossible to get loans anymore, but in many people’s eyes, there is a lot of noise and little rain, and it may end up being nothing, and it may not be easy to borrow or invest again.

There are some things Yang Shu doesn't want to put on airs, Luo Xue is not talking about this for no reason, so she is not allowed to continue to put on airs.

He asked directly: "Sister-in-law, how much did you invest in this real estate company?"

Hearing his question, Luo Xue didn't even express any surprise, she shrugged helplessly: "My brother and I invested [-] million together, and the other two friends contributed [-] million each."

She is really rich, and her brother and her brother account for 60.00% of the shares, so the bank loans also account for 60.00%, which is equivalent to more than 7 million in debt.

"Heavenly Love Letter" has a good box office, and Tiange Media can at least get a commission of tens of millions. Obviously there are not enough people, otherwise there is no need to chat with Yang Shu.

Fu Yaming was still happily chatting about the anecdotes of the Chinese opera, which Liu Man and Jiang Shiyu listened to with gusto.

"Sister-in-law, "Love Letter from the Kingdom of Heaven" is doing well at the box office and can make some money," Yang Shu made it clear: "Sister-in-law has put in a lot of effort, and now the business has encountered a bottleneck and lacks money. I can't just sit idly by."

Luo Xue's expression brightened: "Great, I've been worrying about money all this time, if you can help, it will really solve a big problem."

"How big is the current funding gap?"

"It's very big. The distribution share of "Love Letter from the Kingdom of Heaven" is still far from enough. It needs [-] to [-] million."

"But your debt is already very high now, so borrowing more money may not be the way to make things worse."

Luo Xue looked at him in a little surprise, but didn't understand what it meant for a moment.

Yang Shu seemed to hesitate for a while, and finally made up his mind: "Well, I will go and look at those real estate properties sometime. If possible, I will invest in my sister-in-law's real estate company, and I will do my best to advance and retreat with my sister-in-law. Xiong'an's real estate is beyond imagination. Good luck, I also admit it.”

Luo Xue was really surprised. At this time, investing in it would have to bear a huge debt together. These days, it is impossible to raise money everywhere. Today, it is just a trial to borrow tens of millions, but Yang Shu is so straightforward, it is simply worthless.

After being moved, she reminded Yang Shu: "At present, many developers in Xiong'an are retreating. I don't want to drag you into the mud pit without telling you. Investment is not a child's play, you better think carefully."

"That's why I went to have a look and decide. The important thing is to build those houses, so that there is room for maneuver, and there can be no more delays."

The image of Yang Shu instantly grew taller, and he took a deep breath: "If all the money is gone, it will come back, what are you afraid of?"

(End of this chapter)