Chapter 1759: Whether to Take the Land

In the morning, I held a meeting at BMW Huaxia and gave more confidence to the senior management of BMW Automobile Company. The BMW X3 series will surely bring the company a new glory.

In the afternoon, I arrived at Hurricane Construction and held a meeting with the senior management of Hurricane Construction. In addition to the general meeting, a small meeting of senior management was also held.

The meeting was attended by General Manager Zhao Yu, Minister of Finance Yu Yi, and Zhang Cheng, the person in charge of Hurricane Construction in Xiangjiang who came back from Xiangjiang.

"Everything is known. Let's talk about our own opinions. Do we want to follow up?" Yang Dongxu sat in the reception area of ​​the chairman's office.

Next to him sat Yu Yi, and opposite him sat Zhao Yu and Zhang Cheng. The four of them held a small meeting room for the company's senior management as if they were having a tea party, but the topics discussed were not easy at all.

The reason why Zhang Cheng participated in this small meeting room, rather than other senior management of Hurricane Construction, was because the theme of the topic was Xiangjiang real estate.

It was not that the Xiangjiang government had made some big moves again and needed Hurricane Construction to cooperate, so Zhang Cheng came back to discuss.

The subprime mortgage crisis is still raging around the world, and the global economy will not be very prosperous in the next few years. At this time, the Xiangjiang government will definitely focus on economic stability and will not make any big moves in real estate.

The topic this time is that the four major families in Hong Kong took advantage of the global subprime mortgage crisis. Although the Hong Kong financial market was not targeted by the US financial crocodiles, the housing prices began to decline due to the global subprime mortgage crisis, and the four families began to take advantage of the opportunity to buy land at the bottom.

Speaking of the four major families in Hong Kong, the first thing that comes to mind is the housing prices in Hong Kong, which are the highest in the world. It can be said that the reason why the housing prices in Hong Kong are so high in the future is that even the strange buildings such as pigeon cages have become an unattainable dream for Hong Kong residents. The housing prices of such pigeon cages are catching up with the school district housing in the mainland.

This is directly related to the four major families that control the real estate in Hong Kong.

Everyone knows that Hong Kong is an island called Hong Kong Island. So at present, the land that can be used for real estate development is limited, that is, the per capita land area is so much.

As the population of Hong Kong increases and the economy becomes more and more prosperous, the land is fixed but the population and economy are rising, and the housing prices naturally begin to rise.

The limited land that can be developed for real estate is basically in the hands of the four major families. Whenever the Hong Kong government wants to release a piece of land to stabilize the housing prices, then this piece of land will go into the pockets of the four major families.

At the same time, the four big families who control the developable land in Hong Kong will not build houses on all the land and sell them. Instead, they squeeze the last bit of profit from the land value.

Every year, they develop a few houses to sell. There are many people and few houses, and the economy is still developed, so the housing prices will naturally rise.

When the deformed houses like pigeon cages are developed, it is already a bit late for the Hong Kong government to realize the seriousness of the matter.

Because at this time, it is not just the four big families who hold the land in their hands and release it little by little. Those who own houses do not want the government to continue to release too much land for real estate development.

Because more land is released, more houses are developed, and the housing supply is not so tight, so the housing prices will naturally fall. The houses they bought at a high price will directly depreciate.

So after 10 years, under the influence of the four big families and the homeowners, the biggest headache for the Hong Kong government is the scarcity of available housing area in society and the increasing population of Hong Kong.

This problem has not been solved until Yang Xu is reborn, unless there is a financial crisis like the one from 1997 to 1998 to completely burst the real estate bubble.

Otherwise, the problem of dealing with the four major families originally evolved into a problem for the entire Hong Kong homeowners, which is as difficult as a financial war.

However, the four major families succeeded in stealing the chicken in the last life and successfully tied the homeowners to their chariot.

Those who can afford to buy houses in Hong Kong are all bourgeois. If they unite, they will not be able to control the Hong Kong economy, but at least the government cannot easily take action.

But with the existence of Yang Dongxu in this life, the four major real estate tycoons in Hong Kong have become five major tycoons. At the same time, although Yang Xu does not have the most Hong Kong land in his hands now, because he directly bought the bottom to stabilize the overall situation during the previous financial crisis, he has the most ready-made houses.

Yang Bancheng's nickname is not a bit of water. Therefore, he has a pivotal position in the real estate industry in Hong Kong.

Therefore, this time the Hong Kong government is preparing to release some land in Hong Kong to stimulate the Hong Kong economic environment that has been implicated by the subprime mortgage crisis, and to rise against the market to gain more development.

Hurricane Construction, one of the five major real estate developers in Hong Kong, was naturally invited to the list.

Zhang Cheng came back this time to discuss what Hurricane Construction's attitude will be towards the series of land auctions in Hong Kong in the near future.

Should they follow the four major developers to acquire land in a negotiated manner, or should they not participate and just acquire a few plots of land symbolically? Or should they be a cross-river dragon and take up a large area of ​​existing auctioned land to increase the land reserves in Hong Kong and catch up with the land reserves of the four major families.

"From the perspective of company development, I don't mind continuing to acquire land in Hong Kong. With the current holdings of Hurricane Construction in Hong Kong real estate, we will not have to worry about selling houses in the next 3 to 5 years.

Although the subprime mortgage crisis did not cause much impact on Hong Kong's financial market, the global economic environment was sluggish and Hong Kong was also affected. No one can say when this breath will be relieved." Zhao Yu said.

It must be said that Zhao Yu's analysis is well-reasoned. If everything follows normal economic logic, then Hurricane Construction cannot acquire more land in Hong Kong.

Because there are too many houses in hand, acquiring more land is equivalent to continuing to occupy the company's funds. And after this fund is occupied, in the current economic environment, it is not known when it can be cashed out.

With this money, it is better to acquire more land in the mainland. Compared with Hong Kong's economy, it is more deeply integrated with the international market. The mainland's economy should be more stable during this subprime mortgage crisis.

In addition, the real estate market in the mainland has become hot at this time, and acquiring land means that the days of making money have begun. Anyone would think that it is more stable to acquire money in the mainland with this money and it is more convenient to cash out.

"What do you think?" Yang Dongxu looked at Zhang Cheng.

As the head of the Hong Kong branch of Hurricane Construction, his opinion is obviously quite important.

"Manager Zhao and I have different ideas." Zhang Cheng smiled apologetically at this point.

Zhao Yu stretched out his hand to signal him to continue. It is normal to have different opinions when talking about work. As the general manager, he never has a one-man show. This is the patent of his big boss.

"I think we should continue to acquire land. The plots of land released by the Hong Kong government this time are in good locations and have great economic development value. At the same time, the four major families have shown great interest in these plots of land.

According to the information I have, they are all actively preparing funds to make a big move. The four major families have much more land than us, and they want to continue to eat. Obviously, they are more confident than us about the future of Hong Kong real estate."

Although Zhang Cheng did not give any strong persuasive reasons, following the crowd is a good reason.

Especially, which of the four major families is not an old fox?

They are willing to continue betting now, and obviously they all have their own ideas. They will not lose money if they acquire land, and Hurricane Construction will naturally not lose money if they follow suit.