The Birth of the Hong Kong Island Family.

Chapter 221 [23 things about real estate]

In the garden of the bungalow on Conduit Road, Lin Zhichao read the newspaper while sipping tea, leisurely.

According to newspapers, Britain, France and Israel went to war with Egypt, and fought hard at the Suez Canal and the Sinai Peninsula; the United States and the Soviet Union rarely reached an agreement, that is, Britain, France and Israel must withdraw their troops, and the Soviet Union even threatened to drop atomic bombs.

The pound plummeted in the international market. The United States, contrary to its past practice, stood still and refused to intervene to stabilize the market; The abandonment of the United States can only give up sadly.On the same day, he agreed to begin a ceasefire the following day, less than 48 hours before British and French troops landed in the canal zone.

France is not much better. The war has caused a serious deficit in the national budget, and it is still implementing social reforms at this time. The downfall of this government has entered the countdown.

Lin Zhichao also saw the news he wanted to see, that is, Egypt sank several ships in the Suez Canal, completely blocking the canal.

Looking at it like this, it won't be dredged in less than half a year.

The "Suez Canal Crisis" has dealt a severe blow to the two old empires of Britain and France, and the follow-up is to accelerate the process of independence and self-government of the Asian and African colonies; overlord.

Although the United States and the Soviet Union were already the actual world hegemons after World War II, after all, Britain also performed very well in World War II, so it cannot be said that it has lost its hegemony; and through this war, the whole world has seen the United States and the Soviet Union. Strength is the country that has the right to speak.

"Honey, breakfast is ready!" Tang Caiyun's voice came.

Lin Zhichao put down the newspaper in his hand, got up and walked towards the room, and asked with concern: "How do you feel?"

It turns out that Tang Caiyun is pregnant with her fourth child and is expected to give birth in June next year.

She has given birth to three sons for Lin Zhichao, namely Lin Ruihuan (1949), Lin Ruijiang (1951) and Lin Ruikai (1954).

Tang Caiyun took Lin Zhichao's arm, and said happily: "It's normal! After all, three boys have been born naturally, and this one will naturally go well. However, I hope this time it is a daughter."

Lin Zhichao smiled and said: "It doesn't matter, men and women are the same, if it is a son, Wanzhu will be your own daughter!"

Tang Caiyun said naturally: "It makes sense!"

In fact, it was not Lin Zhichao who regarded women as reproductive machines, but Tang Caiyun was willing to have a fourth child.

First, her body is very good, and she recovers quickly every time she gives birth;

Second, the Lin family is also short of people, so it is more reasonable to have four children.

And Lin Zhichao's idea is also that Tang Caiyun will have four children, and Xu Caiying will have three or four children (strive for two sons), which is more reasonable.

Walking into the restaurant, the whole family has already sat down, waiting for Lin Zhichao, the head of the family, to take the seat.

"Have a meal!"

In the morning, Lin Zhichao was invited to attend the opening ceremony of the real estate project developed by Liao Baoshan.

With the backing of Liu Chong Hing Bank's funds, Liu Baoshan has invested in six or seven buildings in Western District this year, all of which are 18-storey residential buildings.These buildings are very popular, so Liao Baoshan made a lot of money this year, estimated at 3000 to [-] million.

Seeing the crowd pouring in, Lin Zhichao sighed, "The property in West Ring is more popular than that in Kowloon. Liao Sheng, your reputation as the king of the West Ring is likely to be confirmed!"

Hearing Lin Zhichao's praise, Liao Baoshan was in a very good mood. Among many real estate companies, he was only worried that Cheung Kong would come to grab the land in Xihuan, because Lin Zhichao's financial strength was unfathomable.

As for other real estate companies, their financial strength is not as much as that of a bank owner like myself.

"Lin Sheng has won the prize, we are not as smart as you, we just follow you!" Liao Baoshan said modestly.It was to coax Lin Zhichao so that he would be embarrassed to come to Xihuan to grab the land, he thought in his heart.

"Haha, all the bankers should learn from you, Liao Sheng, to attract ordinary people to save money in the bank - a well-off life depends on frugality, and wealth depends on the sky, and the first "extra long service hours" from 08:30 to 05:30 in the afternoon, you But he is still an outstanding banker!" Lin Zhichao 'raised' Liao Baoshan.

He and Liao Baoshan are indeed friends, friends who have known each other for many years.

However, one mountain can accommodate two tigers. Liao Baoshan is a real "real estate strongman". If there was not a bank run in his previous life, the four major families might not be able to do him.

Liao Baoshan is an early "Chen Qingsong" and "Qi De Zun" hero. Although he is a junior in the bank, he has become a star in the bank in the past two years. He can open an account with 100 yuan, and attracts customers with high interest rates. It is like a heron; it can be called a pioneer in the industry by improving the working hours of the bank and improving the service spirit.

He took deposits at high interest rates and invested them in real estate, and the profits he earned were much higher than the interest he paid; the money got bigger and bigger, and in another four or five years, he would jump from a multi-millionaire to a billionaire.

Of course, people always judge heroes by success or failure.If it succeeds, it will be said that Liu Baoshan has a pioneering spirit; if it fails, it will be said that Liu Baoshan is too adventurous and likes to speculate.

Lin Zhichao knew that if Liao Baoshan suddenly didn't like taking risks and speculating, he might become his biggest rival in real estate.Therefore, it is better to follow history in everything. He will not enter the Western District, at least Liao Chongxing Bank will not be crowded ahead of schedule, so he will not enter here.

"Haha, don't dare to be, don't dare to be! Ma Sheng is still here, how dare I, a junior, be humble!"

Although Ma Jincan of Dasheng Bank said in his heart, although you, Liao Baoshan, made the bank look like a Westerner, it is actually the style of an old bank; The system, and so on.

Where is the 'Leader of the Bank'!
However, Ma Jincan still said: "Liao Sheng is worth learning in the fields of banking and real estate."

Lin Zhichao looked at Ma Jincan, who is also a real estate powerhouse. He has also built many buildings relying on Dasheng Bank, but he is not as strong as Liao Baoshan.

These two Chaoshan businessmen can be said to be representatives of the new generation in Hong Kong, and they are actually in their 50s.

After staying for a while, Lin Zhichao and everyone left. Everyone came to join in the fun, so naturally they wouldn't stay for long.

Back to Cheung Kong Industries.

According to the recent situation, Lin Zhichao found that the land in Hong Kong has reached its limit, and there is no longer any upward momentum; the residential land in Hong Kong and Kowloon is 150 Hong Kong dollars per square foot, the land in Tsim Sha Tsui commercial district in Kowloon is 250 Hong Kong dollars per square foot, and the land in Central is 800 Hong Kong dollars per square foot. Commercial land is 1200~[-] Hong Kong dollars per square foot.

Based on this information, Lin Zhichao began to calculate again.

It is possible that next year or the year after that, a sharp drop of 70% is definitely possible. Even the commercial land in Central will also drop a lot.Because the current hype is too high, people simply cannot afford commercial land in Central.

For example, the Hong Kong Hotel on Pedder Street, if it is valued now, it should be worth 3000 million.In fact, by 1959, the valuation was probably only 1500 million Hong Kong dollars.The land in Des Voeux Road is even cheaper. It is estimated that the land at No. 77 Des Voeux Road (1.6 square feet) in Lin Zhichao's hands will cost only 600 million yuan by that time.

This is a good thing. After such a sharp drop, many owners no longer regard it as a treasure and will sell it at a reasonable price. Then, in the late 50s and early 60s, he could continue to invest in commercial land and properties in Central Hong Kong.

noon.

In a restaurant, Lin Zhichao, Li Gaofu, Li Zhaoji, and Zheng Yutong sat together, talking while eating.

The four are all from Shunde, they have known each other for a long time, and they occasionally get together for dinner.

Lin Zhichao intends to support his fellow countrymen. After all, it is impossible for him to take all the benefits by himself, and he will always get a piece of cake for others; this cake may be eaten by Lin Zhichao, but Lin Zhichao still decides to share it.

To whom to share, of course, it is better to join friends from the same hometown.

However, Lin Zhichao did not kill all the four big families in the previous life, leaving only two people from Shunde; he did not do anything to Guo Desheng, on the contrary he also supported Guo Desheng.

Guo Desheng is now an agent of Changjiang Industry's zippers. Although he does not earn as much as in his previous life, he still earns hundreds of thousands of dollars a year. In addition to his grocery store profits, he is also qualified to enter the real estate industry in the late 50s.

Guo Desheng's family poses little threat to Lin Zhichao, because he was mainly a real estate developer in his previous life, so it is not a big problem; moreover, Lin Zhichao will control the proportion of his family's investment in real estate in Hong Kong and control the share.

If the Lin family were to go hand in hand with commercial real estate and real estate development, they wouldn't have too much money.

During the meal, the topic quickly came to real estate.

Lee Shau Kee said: "Right now, restaurants in Hong Kong are the most discussed topic, and the real estate industry has to be it."

Lin Zhichao smiled and said, "Could it be that you are also tempted and plan to come in and have fun!"

Although Lee Shau Kee was moved, he was not reckless, and said bluntly: "I think the land price is a bit outrageous now, and it is a bit like the late 40s. What's more, I heard from people in the real estate industry that Lin Sheng, you even despise the land price is too expensive, So it’s better not to come in and fiddle with my little funds.”

Having said that, after he finished speaking, he looked at Lin Zhichao, wanting to see Lin Zhichao's attitude.

Lin Zhichao said: "It's true that it's a bit expensive, but it's not something everyone speculates. Zheng Sheng, what do you think, I heard that you are also developing a building recently?"

Zheng Yutong has just taken charge of the Chow Tai Fook Gold Store this year, but he has been involved in real estate since 1952.

"I'm just tentatively investing in a building with everyone. I'm a partnership. I don't dare to have a high opinion on real estate. However, I also think that the land price is a bit high, so I don't plan to continue investing." After finishing speaking, Zheng Yutong revealed a signature Maitreya Buddha smile.

"And Hang Seng?" Lin Zhichao asked curiously.

He cares about the growth of these people.

To be honest, Lin Zhichao thought about starting a gold shop before entering the diamond business.Finally, think about it or forget it. There is not much money, and it gives people a feeling that they can do any kind of business.

So in this way, Zheng Yutong should develop according to the original direction.

"Yes, they hold quite a lot of shares, otherwise my family wouldn't be able to invest in a building in Wan Chai."

A building in Wan Chai requires an investment of about 700 million. It seems that Zheng Yutong, the son-in-law, is still rich.

When everyone talked about real estate, it was usually Lin Zhichao and Li Gaofu who were talking, and Lee Shau Kee and Zheng Yutong were asking for advice.

Although Li Gaofu is not very aggressive in investing at present, Lin Zhichao still does not know whether he can avoid June [-]~[-], and what his future achievements will be.

After all, it’s like Ma Jincan of Dasheng Real Estate, who entered the industry so early and has the backing of banks; in the 80s, even a country bumpkin like Qiu Degeng could challenge twice.

Therefore, Li Gaofu may not be able to become a first-rate rich man in Hong Kong, but he may also become a second-rate rich man-outside of the top ten real estate companies.Anyway, Lin Zhichao will not interfere.

However, Li Gaofu also has an advantage, that is, he is in Lin Zhichao's circle, if he can observe carefully and trust Lin Zhichao, he may also be among the top richest people in Hong Kong - the top ten real estate developers.

After they separated, Lee Shau Kee thought about what he heard at noon today, and he was determined not to enter the real estate industry; after all, his net worth is only 400 million, so entering rashly is still risky.

He prefers to partner with others, which is less risky. (end of this chapter)

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