The Kyoto Bubble Era: Starting from the Sale of Hundreds of Millions of Properties

Chapter 136 Invitation from Sister Shi and Sister Yi (1?, please subscribe, monthly pass, reward~)

1990 6 Month 5 Day.

In the blink of an eye, it is the middle of the new year. From the sudden collapse of the stock market at the beginning of the year, to the consortium and the government's rescue of the market, the overseas consortium withdrew their capital and fled. The stock market plummeted by 70% and then fell into a slump. With the release of the quantity restriction policy, the real estate market suffered strong shocks, and it fell by nearly half from the highest point in just a few months!

The Japanese people really had an extremely magical first half of the year, but what they didn't expect was that the second half of the year was even more magical!

The Dongsan internal scandal that raged last month was gradually forgotten in the ensuing chaotic public opinion war.

People who eat melons will never follow a hot spot for more than three days. The role of the media is to keep cutting new melons and handing them to their mouths.

Asano Naoto was imprisoned, and under the hard work of the Tosan Public Relations Department, everyone gradually turned their attention to the branch manager and agent Kitahara Sosuke, and the oolong investigation incident of the police headquarters became the best publicity material.

The image of a bank employee who was framed and had to work in the police headquarters was widely portrayed. At the same time, Kitahara Logistics also began to quietly shape the deity of Kitahara Sosuke. As the club became more and more mature, it incorporated Kitahara Sosuke's entrepreneurial deeds.

He started from scratch, with a unique vision, and used 300 billion funds to kill the Quartet in the market, and he seemed to be a rising star in the new financial and business circles.

There are not a few high-level Tosan executives who concurrently serve as presidents of various super trading companies, but Kitahara Sosuke is the only one who founded his own company.

The high-quality services of Beiyuan Logistics and Kitano Logistics have earned a good reputation after two or three months of accumulation, and they are called friends of housewives.

However, at the end of the first half of the year, these news were all suppressed by the new round of land prices announced by the Land and Resources Department!

The publicized land price is a basic standard formulated by the Land Price Publicity Law of Japan in 1969 (Showa 44), and the price of residential land across the country will be announced every day for detailed reference to the people.

Holding the land price announcement newspaper in his hand, Kitahara Sosuke took out a cigarette, then realized that it was still in the branch, and silently stuffed it back into the cigarette case.

Compared with the same period last year, the price of residential land in Tokyo and other six major cities has dropped by 12.5%, and the national average has dropped by 5.6%.
The land price in the central area of ​​Osaka has dropped to 85 yen per square meter, and the border area is only about 70 yen. The central area is the core area of ​​Osaka Prefecture. Other places such as Tennoji District and Nishi District have already listed properties for sale at 50 yen per square meter.

Before the signing of the Plaza Agreement five years ago, the land price in the central area of ​​Osaka was about 40 yen per square meter, which was similar to the average price of ordinary provincial capital cities in Huaguo 20 years ago (2 soft sister coins per square meter), but at that time Japan’s national income It's not high, but it won't make you look at the room and sigh.

Now the housing prices in the fringe areas have already surpassed the prices of urban housing prices in the past, which means that after a while, there will be a situation where no matter when you invest, you may lose money!
The reason why these investors and clubs still dare to yell at him now is because the value of the real estate in their hands is at least higher than that of five years ago, and they have made a profit.

As long as housing prices fall, as long as they are not near the highest point, they can still make a small profit after selling, so they have nothing to worry about, but as housing prices decline, the benefits they can get are getting less and less.

At least it's still profitable.

But now, it may be at a loss!

What is even more embarrassing is that after the introduction of the policy of restricting the total amount of land, various real estate loans were strictly inspected, and many people had to sell their properties to repay their loans. The picture of a few properties being snapped up just after listing is quite the opposite.

It made him sigh.

Only half a year has passed, and these idiots have started to run on themselves, are they on their way to death forever?
He thought about it and found it funny. When these people opposed his loan repayment plan, they were aggressive one by one, and formed a so-called alliance to protest. In fact, in the trading market, they ran against each other, wishing they could They were beaten badly, and the boat of friendship turned over as soon as it was said to capsize.

Really funny.

Therefore, Kitahara Sosuke didn't pay attention to this group of mobs from the very beginning. They will humiliate themselves and then go to perish.

What he is curious about is what the government and the consortium will do. With such a large inventory, the consortium holds more than 60% of the real estate in Japan. Every day's sharp drop is an impact on their assets.

While thinking this way, Saeko Sakurai knocked on the door and came in with a pile of documents.

"President Beiyuan, this is the latest official document of the Ministry of Finance, please review it." She leaned over and handed him the red-headed document that had not been split.

Saeko Sakurai leaned slightly, and her chest was pressed heavily on the boss's desk. She was bigger than Fujiwara, perfectly interpreting the definition of an angel's appearance and a devil's figure.

In front of Sosuke Kitahara, she was not restrained like when she was facing Naoto Asano, and the conversation between the two was more like friends, but every time they talked, she could not help but think of the kiss that night, and the big circle he drew .

Kitahara Sosuke let out an oh, and opened the documents. The Ministry of Finance generally does not issue such red-headed documents. Only very important information will be distributed to financial institutions at all levels in this way.

Notification of Recall and Appointment of Director of Bank of Finance Bureau, Ministry of Finance.

Kitahara Sosuke raised his eyebrows and looked down.

Tsuchida, the former director of the Banking Bureau, is now involved in financial bribery, keeping mistresses, etc., and has been taken away by the Ministry of Internal Affairs and Communications for investigation. The former Banking Bureau Executive Vice Minister Nobuyuki Teramura took over.

At the same time, the total amount of non-performing debts of 21 large banks, including 10 city banks, three long-term credit banks, and seven trust banks, as of May, is about 17 trillion yen. The income exceeds [-] trillion yen. If the reserves kept within the company are taken into account, the financial system as a whole has no problems.

This is Nobuyuki Teramura's explanation to the people.

As for those local banks and smaller financial institutions, the overall size is only a few tens of trillion yen, and the non-performing debts they can generate are extremely limited. With the protection of these 21 giants, it is not a big problem.

From the book data, it is absolutely impossible for each bank to make ends meet, and the people fear that they cannot make payments.

After all, the off-book income they hold can completely cover all bad debts, not to mention that the total economic benefits generated by the 21 giants are nearly [-] trillion yen every year!

Beiyuan Cangjie smiled even deeper, this reassurance thrown to the public is simply a life-threatening pill!
In my memory, after the collapse of housing prices in 92, various terrorist turbulences occurred in the Japanese financial industry, various scandals continued, nearly a hundred financial institutions went bankrupt, 21 giants merged and reorganized, and three long-term credit banks It has withdrawn from the stage of history forever!

This situation continued until after the millennium, when the three major financial holding groups formed by the merger and reorganization of the six consortiums were established, and then they got better.

Kitahara Sosuke would never believe that the financial turmoil broke out suddenly.

Let’s start with the Industrial Bank of Japan. The Ito Man incident and the Ogami incident caused a loss of 1 trillion yen, which led to its direct annexation by Fuji Bank. How could it be possible that the total amount of non-performing debts of the 2000 giants is only 21 trillion yen.

Our own branches currently have more than 300 billion bad debts, and the Osaka area is estimated to have more than 8000 billion. Later, the 2 billion that Tosan bears is the loss that is still held after deducting the current year's income, off-book income and capital injection by the consortium!

At present, the non-performing debt of the entire Dongchan may exceed 3 trillion yuan, and this is only one of the 21 families.

The more the Ministry of Finance conceals it, the more serious the problem is.

It seems that a raging storm is coming.

He is leaving for Tokyo this afternoon. The finished film of Studio Ghibli has been completed and is waiting for his review. The other two studios have also been contacted. Kitano Lan does not know why he is so concerned about it. He is already very busy. She actually went back and forth to Tokyo and Osaka many times, doing it herself, and strongly requested to go with him today.

This woman really knows how to measure and understand people's hearts.

When Kitahara Sosuke thought of her, he couldn't help but think of the phoenix tattoo on her back. These days, with Kobayashi Kyoko's company, he hasn't seen Kitano Lan for a long time.

Kitano Lan occasionally called to say hello. After knowing that Kitahara Sosuke and Kobayashi Kyoko had pierced the window paper, she wisely stopped coming to the door and adjusted her position.

"I'm going to Tokyo in the afternoon, about Kawatani Village and those female staff." Kitahara Sosuke was about to tell Saeko Sakurai when the phone on the table rang suddenly, "Moshi Moshi?"

"Cang Jie, it's me." There was a clear and cold voice on the other end of the phone, and a different kind of warmth could be felt in the tone.

"Sister Lizi?" Kitahara Sosuke was taken aback.

"Hello~ Xiao Cangjie, there's me~ Do you miss me, have you grown taller or bigger~ I'll check it out for you when I turn around, big sister, I haven't said anything yet."

The other voice is obviously sweet and glutinous, but the sentences are extremely bold and open.

Boom!
Somebody got knocked on the head.

"Six in the afternoon, L'Effervescence Restaurant, Ginza, Tokyo, don't be late."

Beep beep, the phone is hung up.

Kitahara Reiko and Kitahara Ningko, the two elder sisters came back to look for him at the same time, and he smelled something strange.

(End of this chapter)