Rebirth 1983

Chapter 379 Origin of Compensation Trade

"Community room? What is that?" Zhou Jinyan squinted and asked involuntarily.

"Oh yes, it should be called 'compensation trade' now!"

Chen Song thought about it, and knew that in 1987, the concept of community housing did not seem to exist, so he recalled the development history of real estate, and then came up with this word.

The term 'compensation trade' actually first appeared in the SAR in 1980.At that time, the annual fiscal revenue of the special zone was extremely low, but there was an urgent need to build a cadre dormitory building of about [-] square meters. The person in charge at the time was impatient and had no money to complete this task.

Later, a friend of the person in charge in the South Island suggested that he learn the method of the South Island and obtain funds through land to complete the task.

However, at that time the constitution clearly stipulated that state-owned land could not be occupied, rented out, or bought and sold.The person in charge couldn't bear the risk, so he reported it to the leader, so everyone worked together to find a way, which was not illegal, but also followed the SAR's policy of daring to be the first in the world!
So the term 'compensation trade' came into being.

The special zone directly sells the land, and then finds a wealthy South Island businessman to cooperate in the construction of the house, and the profits are shared by both parties.At that time, after the person in charge finished the report, the answer given by the leader was just to try it first, and did not say no.

So the person in charge released the news with trepidation. At that time, a big businessman in the South Island heard about the policy of "compensation trade", and took the initiative to approach him to ask for cooperation in building a house. In the end, he would share 85% and 15%.

Of course, at that time, no one dared to bring up the word "real estate" passed down from the South Island, but only drew up a two-page contract.

So on January 1980, 1, the person in charge was the first to cooperate with a Hong Kong businessman in the SAR to form the first real estate company in the SAR and the only real estate company in mainland China at that time - SAR Real Estate Company, and built the first commercial housing complex in China - Donghu Liyuan.This also opened the curtain of residential housing from welfare products to commodities, land use rights can be bought and sold, and real estate reform after the founding of the country.

As a special zone that dared to be the first in the world, when this policy came out, it really shocked many people at that time. As a third generation, Zhou Jinyan's consciousness is not low. Naturally, he has heard about this 'compensation trade'. Hearing what Chen Song said now, he immediately remembered it.

"You want me to build houses for cadres too?" Zhou Jinyan thought of this 'compensation trade', and immediately felt that Chen Song was reminding himself that he could start with cadre housing and welfare housing.

"Building houses for cadres, you can think a little bit more! Not only can we undertake some cadre houses and welfare houses, but we can also build some commercial houses and sell them to the common people!" Chen Song clicked out of the window, and continued: "Didn't you find that the number of people in the county this year has increased a lot compared to the previous two years? What does it mean that most people live in crowded places, or live in very remote places?"

"What does this mean?" Zhou Jinyan blinked, not knowing what was going on.

Chen Song tapped his forehead with a headache, and was almost pissed off by Zhou Jinyan.

"Of course it's the problem that the limited housing in the city can't satisfy the growing population! How do you think this problem will end?" Chen Song continued to point Zhou Jinyan.

"There are few houses, so we must build houses. Oh, yes, you are right. We want to build houses and sell them to those who come to the county seat but don't have houses to live in, right? But do they have money? The price of houses is not low!" Zhou Jinyan was happy at first.

"Why do you think the country is vigorously promoting reform and opening up? It is to make the people have money in their pockets! Don't look at everyone seems to be very poor now, but many people have made a lot of money under this wave. It is not as difficult to achieve ten thousand yuan households." Chen Song paused, took a sip of water, and continued: "When you start doing this, the house is built, do you believe there will be a large number of ten thousand yuan households in the 90s!"

Of course, Chen Song knew that this was a bit consoling. Although there were many households with ten thousand yuan in the 90s, most of them were still in the cities. Farmers in the countryside and most of the migrant workers who came to the cities from the countryside still did not have so much money. However, with the deepening of reform and opening up, the money in the hands of ordinary people has indeed increased.

"Hearing what you said, it seems to be very clever, let me think about it!"

After listening to Chen Song's analysis, Zhou Jinyan's eyes brightened. He walked to the side, sat on the seat and began to think.Chen Song ignored him, and started to deal with the business and work left over during the Chinese New Year. The two companies had a lot of things to do. Now that they have just started work, they also have a lot of things to deal with, so they got busy on their own.

"Okay, let's do this!"

I don't know how long it took, Chen Song's eyes were a little sore, and he heard Zhou Jinyan, who was sitting not far away, suddenly stand up, with a majestic look, like a soldier about to go to the battlefield, ready to give the enemy a headache!
"Have you figured it out?" Chen Song couldn't help smiling when he saw the excited Zhou Jinyan.

The reason why he likes Zhou Jinyan's three generations is because Zhou Jinyan doesn't look like a third generation at all. On the contrary, sometimes he seems a little innocent and sincere, and he doesn't look like someone from a political family at all.Such a person is very suitable to be a friend.

"Of course I've made up my mind, let's focus on real estate and community housing!" Zhou Jinyan rubbed her hands excitedly, but looked at Chen Song with flickering eyes.

Chen Song smiled, knowing what Zhou Jinyan meant, he was asking himself to give him an idea, how to start?
"Is that so, you should know the leaders of the provincial China Construction Third Bureau?" Chen Song paused and asked.

"Of course, I know most of the leaders of state-owned enterprises in the province. What's the matter, don't we want to build our own house? Why are we looking for China Construction? We are rivals!" Zhou Jinyan frowned, not understanding what Chen Song meant.

"Stupid you, of course you're poaching!" Chen Song gave Zhou Jinyan a blank look, seemed to hear Zhou Jinyan muttering, and immediately gave him another look.

Chen Song sighed, thinking that Zhou Jinyan is really smart sometimes, he can buy the difficult Meiyijia supermarket chain, but sometimes he doesn't understand some basic points of business at all, I really don't know what's going on with this guy?
Can IQ also fluctuate?
The construction industry still belongs to the kind of practical work in this era. Besides, it is a big state-owned enterprise like the China Construction Third Engineering Bureau. Naturally, it will not make a fuss about the project. Unlike later generations, people have to hire beautiful women with thin waists and long legs.

Zhou Jinyan only needs to recruit a few middle-level leaders from the China Construction Third Bureau and the person in charge of the construction site, and then he can bid for cadre housing and welfare housing. After two years of work, with a little more money, he can apply for land to build houses and sell them to the common people.

Zhou Jinyan has natural connections, he has status, he also has Chen Song's financial support, and he knows a lot of people in various departments. As long as he manages his subordinates well, and learns a lot by himself, Chen Song never thought of the possibility of failure!

(End of this chapter)