Chapter 880 Qian Duo Duo Stupid Version 2.0 (Thanks for Past's Support, Thank You.)

Things like bricks, once they become a profession, they can't be listened to.

"Damn, when did the White Fund make a big purchase of real estate? Filson, the Wall Street Journal should be considered a serious media, right?" William White shook the newspaper in his hand, and said to Filson a little funny.

"I read the newspaper in the morning, and they quoted the words of some brick-and-mortar experts. It was nonsense from the beginning to the end. Since we have White Real Estate, why bother to buy land through a fund company.

Boss, need some clarification? "

"Hahaha, there is no need. Peanutton hopes that everyone will invest in real estate. It is best not to invest in real estate. Even if we don't go to the occasion, we shouldn't tear it down."

"Buffett said that gold has no investment value. What about real estate? This thing should be negative equity, right?"

William White smiled and said nothing, how could he have negative equity. It is one thing not to produce value, but you print too many beautiful knives, which is a very worrying thing.

Investing in gold is not suitable, and investing in stocks is too risky. Since the value of the house can increase, there is nothing to be polite, just buy a slightly bigger one.

Three bedrooms?

Too few, five is good, although I don't have a wife yet.

The real estate market in the United States is different from that of Rabbit Country. In fact, the real estate market in the whole world is different from that of Rabbit Country. Whenever the real estate market and the stock market are rising wildly, you will find that the consumption data in the United States is very good.

Yes, the house does not need to be sold, nor does the stock. These things are all mortgaged to the bank. Now that the price has risen so much, it is better to get a little more money from the bank.

How did the subprime mortgage crisis in Laos break out?

Some people who have no stable income have bought a house. The down payment is advanced by the developer. After the bank loan is approved, you can pay back the money.

What, what should I do if I have no income?

It's simple, isn't the property price going up? Just go to the bank to get some money. At the most outrageous stage, you don't even have to go to work. Because property prices are rising every month, you can travel around the world with this money.

Every family should have a house, and every family should have a chicken in their pot. In short, this is the so-called American Dream.

When President Hoover promoted this stuff, he obviously didn't think that, let alone chicken, many Americans can't even eat black bread.

Even so, when any American president comes to power, the first thing that comes to mind is the American dream.

It doesn't matter if you do it intentionally or learn from the good example of the US emperor. The current world is like this, except for the footbath lying on the ground crying, everyone is playing the same game.

Selling a house is good. In addition to land income, the government also has massive tax revenues. When you buy a house, you have to renovate it. The old furniture and appliances are useless.

In this way, consumption will not be there, and GDP will not be high. These things are improving, and the employment situation will improve, and everyone can make money.

Tsk tsk, realizing the American dream is so simple.

"Felson, you're not entirely right. From the perspective of depreciation and maintenance, buying a house is really not worthwhile. From the perspective of scarcity, money is getting more and more, but good land is very limited."

"Boss, our land area is too large. Look at the foot basin, the population density is so large, and the housing price will fall as soon as it is said.

My opinion is that commercial real estate may be okay, but if it is residential, it has no investment value. "

"Hahaha, hahaha, I have the same opinion. Houses are meant to be lived in. You deprive gold of its monetary properties, but give real estate its monetary properties.

If things go on like this, you don't need to compare any assets, just take out the real estate certificate and count it.

However, even so, the trend of this investment will not be reversed. "

In addition to a wry smile, Filson was just a wry smile. This world is so wonderful, you can never wake up a person who pretends to be asleep.

There is no such thing as only rising but not falling, and there is no such thing as only falling but not rising. Felson can fully imagine that if the foot basin scene happened in the United States, it would be a disastrous situation.

Relatively speaking, people with foot basins are relatively restrained. There are moonlight families, but the proportion of borrowing is very limited. The United States is different. If property prices collapse, those who do not have a fixed income will first think of running away.

"Andy, when did the White Fund invest in real estate? Don't they have a real estate company?"

"Boss, this is fake news. He did buy the land. He bought it in remote areas. It looks more like the land occupied by a logistics company, but it's a little bigger."

"Logistics center? Just those small supermarkets?"

"Boss, this is what I want to tell you. The 7-11 in the United States will undergo major adjustments. The supermarkets in those gas stations will all be closed within a week."

The boss of Morgan Stanley is dizzy. Is the authorization you obtained by mobilizing a large number of people just to close them all?

That being the case, why should you bother? Could it be that this is the legendary money man is stupid.

I don't know what the big boss thinks, but Andy's idea is very clear, this is the second temper of the richest man. No way, he just didn't like those two numbers.

"Andy, help me sort it out. The storage base is obviously for the purpose of expanding business?"

"yes."

"Absolutely not some kind of real estate?"

"Impossible. Although the surrounding security is acceptable, it does not meet the conditions of a high-end community."

"So, what is this going to do? Don't talk about those ridiculous reasons, I don't want to hear it.

Damn, do you know, we're the guiding lights now. As long as Morgan Stanley is optimistic, he usually rushes to the street. As long as we don't want it, it will be sought after by the market. "

Andy stopped talking, they had already thought through their minds, but they couldn't figure out why. William White's actions are fundamentally contradictory.

Well, they ignored the brand value of 7-11. In their view, this thing is worthless.

If you start wrong, how can you get back to the right path?

If the 7-11 brand is worthless, William White would be crazy to take over this mess. You close the store and dismiss the workers, all of which need to be paid, a very expensive fee.

In fact, no one, including think tanks and Filson, recognized the brand value of 7-11.

You did a good job in the foot basin, and Southeast Asia and Hong Kong are also OK. As for the United States, ahem, it is completely rubbish. Don't say anything about value, this is simply negative equity.

7-11 is not the only 24-hour supermarket chain in the United States. If William White hadn't insisted on going his own way, this contract would not have been implemented at all.

Others don't know what William White doesn't know. There are so many 24-hour stores, can any of them be PKed?

No, it doesn't exist at all. To say that Lawson is actually pretty good, but unfortunately, he can PK in Rabbit Country, and this is because the conditions for joining 7-11 are not good.

As for other things, you can also learn a little fur.

Is the supermarket simple?

Too simple, just an upgraded version of a grocery store.

There are many people who think this way, and many people try it. It's a pity that the few that survived in the end basically didn't make much money.

According to William White, there are two kinds of convenience stores in this world. One is called 7-11, and the other is called other. It's such a bull 13, it's useless if you are not convinced, the annual sales revenue is close to 60 billion US dollars, based on the average gross profit rate of 34%, it is so powerful that you have no friends.