Through the wealth life

Chapter 1369 Suppressing Housing Prices
On February 2th, the first Sunday of Li Guangyu's return to Xiangjiang, the Real Estate Construction Chamber of Commerce held another meeting. This meeting was mainly to elect a new chairman, vice chairman and executive director.

With the advent of the 21st century, the older generation gradually handed over all the family business to the next generation, and now it is the same with the Real Estate Construction Chamber of Commerce.
After a one-day meeting, Guo Bingxiang served as the chairman of the real estate chamber of commerce, Hu Yinxiang and Wang Dehui served as vice presidents, and Li Guangyu, Li Zeju, Li Jiajie, Cao Weide, He Youguang, Chen Qizong, Wu Guangzheng, Huo Zhenhuan, and Xu Jinqian served as executive directors.

In fact, this aspect is not the focus. In fact, this aspect of the election has already been decided through communication with the lower levels.

The biggest problem is the one mentioned by Hu Yinxiang last year. This time when the real estate chamber of commerce changed, Hu Yinxiang raised this issue again, hoping that those present can consider the long-term development, and don’t try to make a quick fix. In the end, it will be everyone here who suffers.

As the new president, Guo Bingxiang said aloud: "The original intention of our establishment of the Real Estate Construction Chamber of Commerce is to allow the residents of Xiangjiang to own their homes, so that the citizens of Xiangjiang can live and work in peace and contentment.

As the president, I naturally have to faithfully fulfill this commitment and contribute my modest strength to the development of Xiangjiang.

Our Sun Hung Kai Properties plans to develop 50 hectares of commercial and residential areas in Fen Shui New Town and Tseung Kwan O New Town respectively within this year, providing housing for 20 citizens of Xiangjiang. "

As soon as Guo Bingxiang’s words came out of his mouth, some members below shouted badly in their hearts. They knew that the incident in the late 80s would happen again, and they would enter a dark time again.

They know that Sun Hung Kai is just the beginning. Now that Sun Hung Kai has made a move, Star Properties, Cheung Kong, Shau Kee, New World Development, Wanbang, Shun Tak, Hongji, Chinese Professionals, Lukang Properties, etc. will not look at it.

Even if a company only builds a residential area that meets the needs of 20 people, it will add up to more than 200 million people. This will cause an oversupply in the property market in Xiangjiang, and it will be thankful that housing prices will not rise, let alone rise.

With the help of these parties, many small and medium-sized real estate developers in Xiangjiang can only choose to change careers, or they will move to other markets. Being trapped in Xiangjiang will only drag themselves to death.

Li Guangyu said at the meeting: "I hope that everyone can take a long-term view. Xiangjiang has a population of only 800 million, which is very small compared to the global population of more than 60 billion. The Xiangjiang market is only that big, and we have You are also very clear about how many real estate companies there are.

Over the years, if we, these real estate companies, hadn't expanded outwards, the Xiangjiang market would not have been able to support so many companies.

We give up the market to you small and medium-sized developers, hoping to give you a chance to develop.

It's just that you have the opportunity to develop, and you don't seem to be ready to give the citizens of Xiangjiang a chance. If the curse is useful, I believe some of you will die thousands of times.

If you are so good at making money outside, I will not say anything, but it is not a skill to only make money in the nest.

As I said in the 80s, there are only two ways for you to go, or lead the company to go out. There are many opportunities outside, and some of them are markets for your development.

Or you can change careers. In the next five to ten years, do you expect the property market in Xiangjiang to go up? It’s not bad if it doesn’t fall.

Don’t expect the population of Xiangjiang to maintain such a growth rate. Starting from this year, the Xiangjiang government will strictly review the immigrants who settle in Xiangjiang, and the annual number of immigrants will be controlled within 5. "

Faced with Li Guangyu's words, these people present could only choose to remain silent. It was not the first time Li Guangyu had done this. Last time, many people also expressed their opposition, but unfortunately it didn't have any effect.

It was later that Patten took office, which made Li Guangyu and others unable to get land, and a large number of people were introduced to settle in Xiangjiang, which caused housing prices to start to rise.

Now that Li Guangyu is coming again, the government will definitely cooperate this time. It is impossible for them to make huge profits, and they may lose money if they fail.

One of the members said: "Li Sheng, I know that you have always taken great care of the citizens of Xiangjiang, but I hope you can think about it for us.

Of course, we also know that there is a huge market outside, but real estate development does not need anything else. It is not just about having money. Without good relationships, it is undoubtedly a dream to have a good development.

Naturally, Li Sheng, Guo Sheng and others don't need to consider these things. After all, you are all well-known companies in Asia and even the world. You are welcome to invest everywhere, and no force dares to trouble you.

But we are different. Except in Xiangjiang, we do not have any reputation in the outside world, and our own capital is not strong. It is difficult to find bank financing for development funds in other places. "

After the voice of this member fell, there were more and more members. They didn't say that Li Guangyu suppressed housing prices, but complained to Li Guangyu and others. They also had employees and family members to support. They have a way out.

People who don't know the inside story will still think that Li Guangyu is a big devil, bullying the weak and driving others to a dead end.

Look at this meeting place, the listeners have pleading voices, it is as desolate as it wants, and the righteous people who don't know the truth will probably feel sorry for them after hearing it.

It's a pity that Li Guangyu and the others have made up their minds this time, and they are even more hard-hearted about it. Even if they behave in a miserable manner, Li Guangyu and the others will not change their plan this time.

After all, Li Guangyu's roots are in Xiangjiang. Only the more prosperous Xiangjiang develops, the better their own development will be.

Now housing prices are indeed a bit too much. From July last year to January this year, housing prices rose by 20% on this basis. Some real estate developers have gone too far.

Moreover, the rapidly rising housing prices have also affected Li Guangyu's interests. When citizens' assets are all on real estate, other consumption will naturally decrease, which is very unfavorable to Li Guangyu and the others.

This time, Li Guangyu and others plan to suppress housing prices in Xiangjiang for five to ten years. After Xiangjiang's per capita income increases, the real estate bubble will be squeezed out.

Xiangjiang respects the market economy, as long as Li Guangyu and the others provide enough housing, the housing prices in Xiangjiang will inevitably fall.

But this time they are cooperating with the government, and the land acquisition is relatively cheap, and the housing prices in Xiangjiang are bound to be curbed.

If it wasn't for the Xiangjiang government's move this time, Li Guangyu and the others would not have such a plan. After all, such a huge plan requires a lot of land, and Li Guangyu and the others are unwilling to spend huge sums of money on thankless things.

This time, they mainly develop Fen Shui New Town, Tin Shui Wai New Town and Tseung Kwan O New Town. They will strengthen the construction of these three places, so that the development of many places in Xiangjiang can be coordinated, and avoid concentrating on Xiangjiang Island and Yau Tsim Mong.

……

(End of this chapter)