I lost my vegetative state, and I became the richest man in the world

Chapter 489 Off-plan and shared area!
Since January this year, the Xiangjiang Governor's Mansion has auctioned many plots of land. Basically, the land price has increased a lot compared to last year.

Ma Shimin, Wei Li, Xia Boyin, Wei Peter, Bao Fuda and others all feel the horror of the land price in Xiangjiang.

However, their group now has a lot of land in their hands. Except for some that are under development, they have not competed with other Chinese capital for new land.

Now, they also feel very strange when they suddenly hear the boss talking about this matter.

"If the housing prices in Xiangjiang plummet at the end of next year, and the housing prices fall directly back to 1976, how do you feel?"

Hong Kong housing prices will plummet next year?

Ma Shimin and others were very surprised.

If that's the case, then there are more things to do here.For example, try to sell as many properties as possible to get more funds back.

When Xiangjiang real estate plummets, how can it be possible to invest at that time?
"Boss, doesn't that mean that the property in hand should be sold as soon as possible?"

Ma Shimin asked.

"good."

The rise and fall of Hong Kong's real estate is cyclical, but others don't know it.

Yang Ming is very clear.

Today, he is the largest landlord in Xiangjiang.

If it remains unchanged, those land prices will of course soar. After this cycle, they will still rise in the next cycle.

Yang Ming knows that in the second half of next year, Xiangjiang real estate will start to plummet. Don't say that the Chinese real estate tycoons in Xiangjiang will be greatly affected, even those who own houses in Xiangjiang will be affected.

This involves domestic, international, and Hong Kong's future issues, and so on.

But now they don't know that those real estate developers, as well as ordinary investors, are rushing into the Xiangjiang real estate market like greedy sharks smelling fish.

"We can gradually sell more properties in the past two years, and then buy them back one by one after the real estate in Xiangjiang plummets. That is to say, sell them at the peak and buy them back at the bottom."

This year and the first half of next year, many things can be done.

However, in Yang Ming's view, this is not enough.

"Boss, then we want to lower the price and sell it?" Mannix asked.

Yang Ming shook his head.

Ma Shimin and others believe that of course the price cannot be lowered.

They are the largest real estate developers, and rashly lowering prices will cause many problems.

"Can't lower the price. But, I have a very good way."

very good way?

These few people don't know what the boss said in a good way?
If you want to talk about uncompleted properties.

Many people may not know it, but when it comes to off-plan housing, many people know it well.

The so-called uncompleted flats and off-plan houses are terms in the real estate property market. They are real estate futures, an investment tool, and refer to pre-sold real estate development projects that have not yet been completed.

The house pre-sale permit is commonly known as uncompleted flowers.

In the Hong Kong real estate market, in the past, houses were built first and then sold.

At the end of 1953, when Mr. You Huo was building a new building on Sifang Street (now Zhongfang Street) in Yau Ma Tei, Xiangjiang, he pioneered the method of paying a deposit and paying in installments before starting construction to sell the house. It is called "sale of uncompleted flats".

In China, the off-plan housing stage begins when the developer obtains a commercial housing pre-sale license.

When the construction is completed and the developer completes the initial registration of house ownership with the local housing management department and obtains the real estate title certificate (big property certificate), the house becomes an existing house.

In Xiangjiang, the real estate project is also defined as a house if there is no occupancy certificate issued by the authorities.

Real estate development projects are sold off-plan, which is most beneficial to real estate developers. In terms of cash flow, they will collect money first and deliver the goods after a year or so.

In terms of property buyers, the investment risk is the highest, because there is a phenomenon of "buying cattle across the mountain". In addition to the risks of cash flow, bank mortgage, interest, etc., there are also the integrity of developers and the protection of investors by local laws. , potential risks such as unfinished buildings and shrinking buildings.

That is to say, later domestic off-plan housing transactions were actually introduced from Xiangjiang.However, the country may be more radical, so that there are many unfinished buildings.

Speaking of uncompleted properties, it has indeed played a big role in the development of real estate.

Unplanned, Yang Ming won't move.

But, the other one, Yang Ming had to move.

It is the pool area.

A long time ago, the buildings in Xiangjiang were sold as a whole, so there was no such thing as "common sharing".

In the 50s in Xiangjiang, it was all about buying properties, there was no such thing as buying a house.

This appellation has been passed down to this day. People who have lived in Xiangjiang must know that people in Xiangjiang still call it "buying a house" and "granting a house" today, not "buying a house".

The shadow of the transaction form of the year can also be seen from the inertial inheritance of language.

Precisely because the buildings could only be sold as a whole back then, those who could afford the buildings were either wealthy businessmen or foreign firms, the transaction volume was extremely low, and the return of funds was slow.At that time, a businessman from Wenchang, Qiongjiang Province in Xiangjiang, that is, Wu Yutai, the boss of the International Hongxing Investment Group, began to sell the buildings in layers.

In the 50s and 5s, the buildings in Xiangjiang generally had five floors, which were divided into five parts on average and sold to five buyers respectively. The five people who bought a building jointly signed the joint ownership.

Since the area of ​​each floor is the same, there are relatively few disputes over shared sharing.

The uncompleted property proposed by Mr. Huo.

One is that the house is sold before it is completed or even started, just like in the process of flowering and fruiting, before the fruit is borne, it is sold to buyers at the stage of flowering and the funds are withdrawn.

Therefore, it is commonly known as "selling uncompleted flats".

The second is that "sale of uncompleted flats" has opened the model of selling by unit, that is to say, on the basis of stratification, each floor is divided into several units of different areas and sold separately.

According to the verifiable evidence, the first building to implement this method is the famous Toad Palace Building and Champagne Building, and of course it is not ruled out earlier.

This transformative measure of Mr. Huo has greatly stimulated the property market, making it affordable for many ordinary people.

However, the ensuing problem is that the area of ​​each household is different, the ownership of public spaces such as corridors and corridors will be disputed, and the maintenance and repair of stairs and elevators will easily cause disputes.

As for the shared area, in Yang Ming's previous life, he had already heard that Li Jiacheng carried it forward, so that many people, especially the purchasers, hated Li Jiacheng even more, and there were countless people who cursed him behind it.

Yang Ming knew that whether it was an off-plan property or a shared area, Li Jiacheng did not flourish, because in the history at that time, before the 80s, there were still many real estate properties in Xiangjiang that were larger than his Changjiang Industrial Group.

Later, because Li Jiacheng became the richest man in Xiangjiang, the representative of Chinese businessmen, his influence had already covered up the four big families of Xiangjiang, and even other Chinese-funded real estate developers, even if he did not do it, they were all assigned to him.

In Yang Ming's view, apart from uncompleted properties and shared areas, but in terms of land hoarding, Mr. Li is indeed the one who has made a bad start in the Mainland.

　Chapter 2!

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(End of this chapter)