Chapter 676 American Bubble

White Square in Houston, although there are no flags flying, is very lively.

The model of the shopping center was not pioneered by William White. However, it is White Center, which is different from other shopping centers.

In the United States, land is not scarce. Therefore, the rich people here generally prefer to live in villas.

Hey, if this is the case, wouldn't the real estate company have to rush to the street to die? There is no such-and-such high-end community surrounded by circles, how can you sell this thing for money.

Cough cough, the method you mentioned is unique to the Big Rabbit Country. There is nothing universal about it.

Generally speaking, the old beauty is to enclose a piece of land, then to repair the road, and then to various pipelines and wire networks.

When all this is done, the property can actually be sold. If you thought this was off plan, you'd be wrong. Real estate is real estate, and land is land. Whether you plan to build a super-luxury one or a so-so one, it’s up to you.

Anyway, a piece of land is so much money, you need to pay additional fees for whatever style of building and interior decoration you plan to choose.

Mao Pooh room?

Heck, this one doesn't exist. The style of the building can be chosen, but the specification does not. Besides, the cost of a carpet is calculated separately, so why do you have to do anything.

The White Center, however, is clearly not of this type. Move the high-end apartment building to the shopping center, Nima, if someone's prodigal daughter lives in it, this day will be difficult.

"Boss, your price is ridiculous enough."

"Cut, I didn't intend to sell it at all. You're just a bumpkin, do you know what a high-end community is?"

Jason Gao said he had never heard of it. Isn't it just a high-end apartment building, you can still play well.

"The so-called high-end community can be summed up in one word, which is expensive. You see, when others sell it for 200,000 yuan, I sell it for 500,000 yuan."

"Fuck, that's okay? You are a profiteer, a big profiteer. Why should others buy it?"

"Why? People flock together, and things are divided into groups. But those who are not short of money are actually in the same tune. Because they are expensive, they are distinguished from ordinary people.

You see, 24-hour indoor swimming pool, various fitness clubs, and British butler service. And all of this costs hundreds of thousands of dollars, which is simply a free gift. I'm a big loser, please don't help my business, tell you, buddy is a big loser. "

Jason Gao and his wife, caught in petrification. William White's two, of course, were no exception.

"Daddy, are these all free?"

Pfft, a group of beauties leaned back and laughed. At this time, maybe only Athena would be so out of date.

"Well, Athena, you know, in this world, there has never been a free lunch, not even breakfast.

Baby, what your daddy is selling is not a house at all, it's an attitude towards life, a dream of pursuing a better life.

You see, this is what we often call the American Dream. And I, your father, I will help many people realize their dreams. "

Seeing the little stars in Athena's eyes, William White was very pleased. Ahem, he was almost moved to tears by himself.

"Boss, I'm convinced. It turns out that this is how business should be done."

"It's nature, just some steel and concrete. If you don't give them life, it's just a concrete jungle.

You see, high-end office buildings, boutique clothing stores, and gourmet food from all over the world. All the entertainment you can think of, you know Jason, there's even an indoor golf course, an indoor shooting range. And all this, without you even leaving the community. "

Jason was stunned. He found that he had no way to refute. From a personal point of view, even putting aside friends. He is willing to buy one of these units.

"Boss, there are also in Los Angeles?"

"Of course, major cities in the United States will have similar projects launched."

There was nothing shy about chatting with several people. William White didn't notice that the project managers who came with Morgan Stanley and Goldman Sachs now have red eyes.

Nima, when did the United States lack rich people? This White Square project looks very interesting.

Wait, what did this guy just say, he didn't want to sell at all. If this is the case, he must be optimistic about the rise in real estate in the United States.

William White really didn't just talk about it casually. As long as 40% of the properties are sold, he can basically make a profit without losing money. In the next long period of time, just wait quietly for the price increase.

If it wasn't for the hateful property tax, he wouldn't even bother to sell it. This wave of real estate bull market will continue until 2007.

Even after the subprime mortgage crisis, the prices of good houses did not fall much. The cheaper those things were, the more miserable the price fell. This damn, there is no reason at all.

"It's selling well?" Old Bushu was rubbing his temples, Nima, can you save some money for others. Everything is so profitable, others can't afford it.

"Son, if I remember correctly, he is selling an apartment. Could it be that housing prices in Houston are already more expensive than in Los Angeles?"

"I don't know. He said that he is a dreamer, not a real estate developer. The real estate industry has gone crazy, and he can't wait to hang this thing on the wall to worship."

"Well, William White, alas, his luck is not so good. In the next step, Peanutton will work hard to attract American citizens to buy houses, and there are preferential taxes and loans in all aspects."

Little Bush was also stunned, he thought at first. William White is a fool. After a while, his high-end apartment may not be so popular.

In fact, high-income groups in the United States are stupid if they don’t buy a house. Your loan interest rate can be offset against personal income tax. This shit is at least equivalent to a 10% discount on buying a house.

In the United States, a 10% down payment is OK, which means that you can have a house without paying any money. Wouldn't it be an idiot if you didn't buy it.

This tax policy of US imperialism was later learned by Shanghai. Although it hasn't been done for a few years, the impact it has produced is extremely terrifying.

Laomei's tax declaration is voluntary, while Rabbit Country's tax is directly deducted from salary. This feeling is different. If he is not an economist, at most he feels that his taxes seem to have been paid a little less.

As for Rabbit Country, it will return the deducted money to you. This feeling is still very comfortable. Well, although the refund is not much, it is only about 10% of the house price.

But, Nima, the money you handed over can be returned to you, which is simply too magical.

As for why this policy disappeared later?

Hehe, Nima needs a number lottery to buy a house, so return a woolen wool.

Let me say, the stock god has nothing to show off. You bought a house in Shanghai in 1999, which is better than buying any stocks. Regardless of how much the house price has risen, your house will come back in less than ten years, and the rent-to-sale ratio will be a little more than 10%.

As for now?

Far below the critical point of 5%, I just don’t understand why you don’t fall.

If you want to trace the source of this bubble caused by old Americans, then 1992 is a starting point. On this day, real estate has become a pillar industry.

As for when this big bubble will end?

The answer is never, and if there is such a day, World War III may be just around the corner. Lao Mei is desperately exporting American knives, what do you let other countries do. In addition to investing in fixed assets, you may not be able to find other projects.