Chapter 134

This time I come to Xiangjiang, it is one aspect to get an ID card.

On the other hand, Zhou Mengyi is still shouldering the task assigned by Yu Wenfei.

On the one hand, it is convenient for Zhou Mengyi to apply for Xiangjiang immigration so that she can go back and invest in the name of a Hong Kong businessman.

In addition, Yu Wenfei wanted to find an investment channel for his huge royalties for the next two years.

At least for the next two years, he still has to study honestly in school.

Not much time and energy to do things.

But it is estimated that the royalties that can be obtained in the next two years are estimated to be 4000 to [-] million.

If there are more, there will even be tens of millions!

With so much money, it's not a good idea to keep it in the bank.

Yu Wenfei has long thought about what good channels can be used to invest this money.

Opening a supermarket in Zhoushi does not require too much investment, nor does it need to expand too much. It is just to train the team and exercise Zhou Mengyi.

When he was thinking about applying for immigration for Zhou Mengyi, he had an idea and thought of a good investment channel.

That is to invest in Xiangjiang!

Xiangjiang returned to China in 97. Before the return, it experienced a lot of shocks.

The old British consortium sold off its assets and withdrew from the Xiangjiang market.

The new chief executive took office and launched the "[-] Plan" with mixed reputations.

In other words, every year, the Xiangjiang government will step in to build at least [-] low-rent housing units for residents in Xiangjiang who cannot afford housing.

This policy, no matter how you look at it, is a good policy that benefits the public.

It has also been supported by the majority of Xiangjiang citizens.

However, when the first phase of 2000 low-rent housing units was launched in early [-], everyone discovered that there was a big problem.

That is, the skyrocketing housing supply has greatly impacted the real estate market in Xiangjiang.

As a result, housing prices began to plummet.

Xiangjiang's real estate just experienced a wave of diving in 96/97.

After the stable return, the two years of 98/99 have begun to skyrocket, and the speculation of uncompleted properties is a joy.

At that time, there were rumors in Xiangjiang that the mainland would buy properties for all high-level officials in Xiangjiang.

It seems ridiculous now, but at that time, the vast majority of Xiangjiang citizens believed it.

The real estate market entered a wildly irrational atmosphere.

In order to be able to buy a house, many people even send tens of thousands of 10,000+ valuable gifts to the sales lady!
In order to be the first to know the opening news.

As for the grand occasion of queuing up to buy a house in the mainland in later generations, it is nothing compared to Xiangjiang at that time.

Many citizens bet all their net worth, paid the down payment of commercial housing, and then owed a large amount of loans to the bank, and got an "off-the-plan apartment", looking forward to getting rich overnight.

As a result, [-] low-rent housing units were launched, shattering many people's dreams of getting rich.

Beginning in early 2000, low-cost public housing for the new chief executive began to enter the market.

The huge supply instantly destroyed the market, and property prices in Xiangjiang, which had just rebounded sharply by 1999% in 20, plummeted.Under the expectation of huge supply and demand, housing prices in Xiangjiang have been falling all the way. In the second half of 2000, housing prices have been cut in half.

In 2003, it fell to the bottom, falling [-]% in three years.

In the year 2000, Xiangjiang began to popularize a new term called "negative equity family".

This term describes those who bought a house with a loan. As a result, the house price plummeted, and the market value of the house could not keep up with the loan owed to the bank.

I paid a down payment of millions and carried a huge loan. As a result, after the house was taken back by the bank, it was not enough to offset the loan, and I had to continue to repay the bank loan every month.

This phenomenon has really brought many people and families to a dead end.

It also caused social shocks. In mid-2000, a parade of 50 people broke out.

Attracted attention both at home and abroad.

At this time, the Hong Kong real estate market is in a depression.

Yu Wenfei knew that this was only a short-lived phenomenon.

At this time, Xiangjiang is also the best investment value depression!
Due to the current social situation, the Xiangjiang government will take back the "[-] Plan" in one year, and even begin to shrink the share of land auctioned every year. The real estate market in Xiangjiang is about to start another round of take-off.

Until 08, it began to become the "center of the universe"!
At that time, in the core business districts of Hong Kong, such as Causeway Bay and Mong Kok, the transaction price of a shop more than ten square meters exceeded [-] million!
The news also reported that the famous Xingye once spent 5000 million yuan to buy a small shop, which was so small that it couldn't fit a billiard table in the shop.

But just like this store, when it changed hands after two or three years, it made a mad profit of more than 3000 million!

Even if you hold a store in your hand and don't sell it, just collecting rent can make you wake up from your dream with a smile.

For shops in Causeway Bay, the monthly rent for one square meter is as high as [-] Hong Kong dollars!

Look clearly, it is every square meter, every month's rent!
This is also the most expensive place to rent in all countries and regions in the world.

Compared with the chartered renters and renters in Xiangjiang, those chartered renters in Guangdong Province in the mainland are completely incomparable.

Of course, Yu Wenfei didn't want to be a charterer.

That was too cheap for him!

It's just that, now that she has spare money in hand, and Zhou Mengyi just got the identity of Xiangjiang, she just made some investments.

Leaving large sums of money idle is the greatest waste.

Therefore, after Zhou Mengyi obtained the identity of Xiangjiang, the first thing she did was to find a real estate agency and prepare to buy a shop.

…………

The real estate industry is one of the pillar industries of Xiangjiang, and the relevant supporting services are of course complete.

Intermediary companies, large and small, are everywhere.

Zhou Mengyi chose an intermediary company that seemed to have a good scale, the name was World Union Real Estate, and went in to explain her intentions.

It was immediately welcomed by real estate agents.

During this period of time, not only real estate companies have been hit hard, but intermediary companies are having a hard time.

Although there are many people selling houses, real estate agents hold a lot of real estate resources in their hands. If there were so many properties to sell a year ago, the intermediaries would be full of smiles.

But now, they couldn't laugh anymore.

Obviously, there are only sellers, not buyers.

What good is it to have more properties that no one is buying?
Therefore, what the current intermediaries want to see most is the person who buys a house. Unfortunately, under the current situation, it is rare to meet them.

Zhou Mengyi is such a person, how can she not be popular.

"Ms. Zhou, according to your request, I searched all the company's store resources. There are basically six stores that meet the requirements. Please take a look at these information."

Real estate agent Ah Shui enthusiastically brought a stack of newly printed documents and put them in front of Zhou Mengyi.

Zhou Mengyi stretched out her hand and turned it over. They were all in traditional Chinese characters with a lot of English interspersed.

This reading experience is a bit poor...

She closed the document calmly, and said, "Just explain it to me, in Mandarin!"

(End of this chapter)

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