Chapter 1675 Tragic

Throughout the ages, the facts tell us that the enemy's fortress is usually breached from the inside.

Just the next day, when Yang Hua was still thinking hard in his study, he received a call from Guan Shantang who was in a panic.

"Old Yang, it's too bad! Sun Li, that bastard, ran to Rongcheng yesterday, and now all the properties under his name have been put on the market!! There are more than 8,000 houses! Now the housing prices in Rongcheng have plummeted." 300 yuan, and it's still falling!"

"what!?"

Yang Hua was scared out of his wits. If Sun Li really took the lead in selling, the entire market would have been disrupted, and the persistence of the remaining three of them would be meaningless at all!

It was originally in a downward channel, and people in Rongcheng and even Shuchuan had strong expectations for a decline in real estate prices. Coupled with some people's panic selling, it is very likely that in a short period of time, the housing prices in Rongcheng will drop. Immediately plummeted, and could not recover for a long time.

During this period of time, houses from Fairy Real Estate continued to enter the market, so at the very least, the houses in Rongcheng may not be able to recover within a year.

One year is too long for speculators like them!

The price they paid for this was really too heavy. Once the capital chain was tightened, or the fairy company made another heavy hand, then they would have no room for recovery!

Therefore, even after Yang Hua calmed down, he had to admit that Sun Li chose the most appropriate time!

Selling more than 8,000 houses by one person and selling more than 30,000 houses by four people are completely different concepts.

The first type may cause a short-term decline, but the second type can only be a slump, and there is no sign of stabilization at all.

The consequence now is very likely that Sun Li will lose a large sum of money. But the last three are very likely to lose all their money!

"Old man, what should we do?" Guan Shantang's heart was full of anxiety, "I can't contact Hou Mutai anymore, I'm afraid he, like Sun Li, will go to Rongcheng to sell the market!"

As soon as these words came out, Yang Hua's heart sank even more.

Hou Mutai was already vicious and vicious. If it is really impossible to contact him, then it is likely that he has other ideas.

Now that the alliance has been shattered, it is not the time for everyone to advance and retreat together, but the time to protect their own interests!

Thinking of this, Yang Hua said in a deep voice: "Laoguan, book the ticket immediately, we will go to Rongcheng as quickly as possible!"

"Okay!" Guan Shantang quickly agreed, "Are you going to stop them?"

"Stop what?" Yang Huaneng said sternly, "We're going to sell the house too! Now we'll see who has the best means and will lose less!"

"Ah!?" Guan Shantang became depressed: "Is everything irreversible?"

"Of course it's impossible to recover! The moment they chose to betray the alliance, our cooperative relationship has disappeared." Yang Hua's answer was very decisive: "The only thing we have to do now is to crawl out of hell. Take care of other people's lives!"

"Old man, everything depends on you!" Guan Shantang sighed sadly and said solemnly.

...

For the millions of people in Rongcheng, the week after the Spring Festival is so wonderful and so much to talk about.

Obviously, the houses of Fairy Real Estate have not yet started selling, but a batch of cheap second-hand houses suddenly appeared on the market. The price ranges from 95% to 90% of the market price, even 85%!

If only some second-hand housing. That's all.

But this time there were more than 30,000 houses. For a while, the doorways of intermediary stores of all sizes were covered with slogans "for sale of high-quality houses", attracting many people who needed housing to stop and watch.

Although Wenzhou real estate speculators bought enough houses, most of them were new communities with undeveloped supporting facilities.

But these shortcomings. I can't stand the cheap price of others.

It's a 10% discount for anything, and even 20% discount for the worst environment. This makes young people with little money flock to it, and they keep shuttling between various real estates. It also made countless intermediary personnel exhausted to death, painful and happy.

Although this is not the peak season for house buying and selling, many people still bought houses directly under such a large number of listings, and the number of contracted units directly broke the historical record.

But this situation does not satisfy everyone.

At least Sun Li was not satisfied.

"Immortal! Is this going to die together?" In a hotel, Sun Li unbuttoned his shirt, panting heavily, and cursed.

Hou Mutai next to him looked gloomy, "Unexpectedly, the two old guys are so decisive, they dare to offer discounts like 20% off and 10% off! So desperately fighting us, does he really want to lose everything?"

"Hmph! He can't lose much!" Sun Li said coldly: "The current price is about 10% higher than the purchase price. Even if it is 20% off, they can't lose much! On the contrary, we, if we don't lower the price , Our house can’t be sold at all, so it’s a big loss!”

The five members of the Wenzhou real estate speculators group bought the same house at the beginning, but the property rights were different.

If houses in the same location are sold at 20% off for Yang Hua and Guan Shantang, and 10% off for Sun Li and Hou Mutai, of course Sun Li and Hou Mutai’s houses cannot be sold, and they can only rot in their own hands in the end.

"Forcing us to fight a price war, everyone can't get it!" Hou Mutai was still hesitant.

"Idiot!" Sun Li sneered, "That's the old man's idea! Once we hesitate and delay, they can quickly ship the goods! At that time, they will lose part of the money, but we will all be stuck in it! Those factory bosses, do you think they are good people? Don't cry when they ask you to pay back the money!"

Hearing this, Hou Mutai's expression changed, he gritted his teeth, and finally made up his mind: "It's the only way!"

Most of their money is not their own. Although part of it is borrowed from private lenders, and the other part is more savings and investment of some factory owners, but if this money is completely lost, it is conceivable that those frustrated Factory owners, what kind of gaffe will they do—at that time, any contract will be fake, and they will only use all means to get their money back, not a house that cannot be eaten or used!

Just like that, the real estate market in Rongcheng quickly fell back to the level of 2006 when the two sides of the original alliance sold off each other. Joined the ranks of tentative selling.

In just a few days, the total number of second-hand houses to be traded in the property market in Rongcheng has reached about 40,000 sets, setting a record again!

However, such a large number of cheap houses are not as popular as when the prices rose before, and only more than 3,000 houses were sold in a few days.

Chinese people have always had a mentality, that is, to buy up and not to buy down.

When the price of something rises, it proves that it has the potential to appreciate in value, so everyone will rush to buy it.

But once the price of something drops, no one can be sure when the price drop will end, so everyone will wait with money, waiting for it to fall to the bottom.

The question is, where is the bottom?

Nobody knows.

Therefore, when housing prices plummeted, not many people dared to buy.

This was especially true when Huo Zhuzhu acted accordingly, opened the market two days earlier and sold the first phase of 5,000 houses first!

Fairy Real Estate Rongcheng Branch, known as the "price killer", this time the price was lower than expected, directly 40% off of the same property on the same road!

God!

Such a "crazy" pricing directly drives people crazy!

They abandoned the second-hand houses on the market one after another, and robbed them all within 3 hours.

Those who didn't grab it are also looking forward to it, waiting for the opening of the second phase after a while!

Huo Zhuzhu's move was not actually planned.

She originally set the price based on about 25% off the market price, but when she saw that the Wenzhou real estate speculators wanted to run away, she immediately made a decisive decision and lowered the price again, making it impossible for them to sell.

Speaking of this price, Fairy Real Estate is still making money, but the profit is already relatively meager. If the Wenzhou real estate speculators dare to drop below 40% off, Huo Zhuzhu has nothing to do.

But Huo Zhuzhu firmly believes that if it hurts people more than the cost, it is impossible for the Wenzhou real estate speculators to compare with Fairy Company, and they don't have the courage to continue selling houses at a big loss. They can't make much money, let alone those who buy finished houses.

The same is true.

On the second day after the opening of Fairy Real Estate, the number of second-hand housing properties on the market began to decrease rapidly. Although there were still more than 10,000 units for sale, the prices also slowly dropped and stabilized to about 30% off the market price.

Huo Zhuzhu knew that this was also the rhythm for them to admit defeat and prepare to slowly cut their flesh and leave.

According to the current price, if they sell the house at this speed, it is conservatively estimated that they will lose more than 20%. If their own financing costs are included, the loss will be even more!

The beautiful and delicate director is very satisfied with the achievement of this goal.

What's more, it's not the end yet. Wait until the second half of the year, when Fairy Real Estate owns a large number of properties on the market, there will be plenty of opportunities to clean them up! (To be continued..)