Return to 88: Starting from Marrying My Sister-in-law

When I saw Xiao Jun again.

Lu Yang was shocked. In just less than 10 days, the other party had become so thin that he was unrecognizable.

"How long has it been since you last eaten?"

“I eat it every day!”

Xiao Jun touched his belly, looked at Lu Yang with a bitter face and said, "Do you believe it? I am losing my hair every day. In just 10 days, I feel that I have aged at least 10 years. I really regret it now. If I had known earlier, I should have just laid down and become a rich second generation. I wouldn't have to think about anything and would have been able to pick up girls and play with cars all day. How much better would that be? Why did I have to start a business?"

孽 孽!
This child is useless.

Lu Yang patted his shoulder, helped him sit in the boss chair, and asked sympathetically: "How is the environment now?"

In just 10 days, although Hailan experienced continuous earthquakes and housing prices continued to fall, Lu Yang had just arrived after all, so he still had to ask this knowledgeable person in front of him.

"not good."

Xiao Jun shook his head: "It's terrible, worse than I expected."

talking.

He looked at Lu Yang again, remembering that he had reminded him before.

Let him quit while he is ahead.

Unfortunately, he failed to seize the opportunity. He had clearly already taken one foot out and made a lot of money. More than 200 million was enough for him to live a carefree life for a long time. He could buy yachts, planes, and play with female stars. All these things could allow him to have fun for a long time. Unfortunately, he seemed to be possessed by a ghost at that time. He always thought that he could make a lot more. With a fluke mentality, he took one foot back again.

Now he has really fallen into the trap. In fact, in the final analysis, he deserves it. He shouldn't be so greedy, otherwise it would not have happened just today.
Xiao Jun became irritated when he thought of this. He couldn't help but pull his hair with both hands. While kneading his hair into a mess, he pulled out a strand, spread his hands, and placed them in front of Lu Yang. "Did you lie? I didn't lie, did I? Just look at how much hair I'm losing now, and you'll know how badly the housing prices have plummeted. If I didn't have a way out, I would have jumped from here long ago."

He pointed to the office window.

Lu Yang looked in the direction where his finger pointed, and a very strange scene appeared in front of him. The large window, which occupied almost 80% of the entire wall area, was actually welded shut by some sealing welding rods.

You can tell at first glance that it is made of aluminum alloy.

They are all sparkling under the sunlight, some are so bright that they are blinding!

Lu Yang asked in surprise: "How did you do this?"

Xiao Jun rubbed the mess on his head, and lay down in the boss chair like a mess, saying with despair, "My mother did it. Didn't she bring my little sister here a few days ago? After learning some of the situation, she was afraid that I would be upset for a while, so she asked someone to seal the window."

"I think it's unnecessary."

"If I really want to get over it, wouldn't the rooftop of our building be more convenient?"

The rooftop is for people who are at the end of their rope, and the windows of this office are for people who are having a manic episode and who can't think straight and make big mistakes under the heat of the moment.

Lu Yang looked at the other person with pity, "Auntie is doing this for your own good, think more positively."

Xiao Jun shook his head. "I know. She did it for my own good. Before she left, she transferred 2000 million to me privately. My sister also transferred 500 million to me. I don't have to repay these two sums of money. They are not included in the funds that Qian's loaned to me. With these two sums of money, I can at least maintain my superficial glory now."

It seems that in order to fill the previous hole, he really took off his underwear.

Lu Yang nodded, "So what are your plans next?"

Xiao Jun stood up and walked to the French window of the office that had been sealed with welding rods. He looked down through several steel pipes at the people coming and going on the street and asked, "What other plans do you have?"

"Just take it one step at a time."

"House prices have fallen to the point of shit. If I maintain the status quo, I can still barely maintain a bit of dignity. If I choose to quit and sell these houses or company shares, I may not be able to have a good year this year."

Xiao Jun turned around, looked at Lu Yang and said, "In order to fill this hole, I have sold all the assets under my name that should be sold, and mortgaged all the assets that should be mortgaged. If I can't pay back the 300 million yuan I borrowed from Qian's within a year, the old man will not be polite to me. He will definitely take away all the assets under my name. By then, I will be left with nothing. Do you understand?"

You can't get in.

There is no way to retreat.

All they can do is guard these houses that cost 15 billion to preserve and have fallen to devalued prices, and pray to Buddha, hoping that the housing prices will go up again as soon as possible.

This is Xiao Jun’s current portrayal.

He is different from Mou Qizhong. Mou Qizhong has a much deeper foundation than him. Although the loss of several hundred million is a heavy blow, at least he still has a way out.

Just do the math for the two of them.

The total mortgage amount is 15 billion.

Each of them paid back half, a total of 7.5 million. After deducting the dividends earned by the company before, the two of them split it equally, so each of them got about 7.5 million. Then 5.5 million was deducted, which means that each of them lost million.

But the accounts cannot be settled that way.

At least they still have houses left. Although housing prices have plummeted now, the base is still there. With their current size, these houses that have already paid off the mortgages should be worth at least a few hundred million, right?
Lu Yang is not a shareholder.

There is no way to measure the value of their company.

However, just from the information revealed by Mou Qizhong and Xiao Jun during their communication with him, he could roughly assess the value of the house they still held.

According to the two, they have purchased more than 1000 new houses since the second half of last year. Together with the more than 4000 houses in good locations they bought before, the two should still have at least houses in their hands, right?
A house is worthless.

According to the current plummeting prices, the housing prices have fallen to the point of being shit, and the price of a house is probably about 2000 yuan. The ones with slightly worse locations may be cheaper, and the ones with better locations are not much higher. Even for a beach villa, the price is no more than yuan per square meter.

note! ! !

There is an important difficulty that has not been mentioned here.

That means there is a price but no demand.

Not only have housing prices plummeted, but they are also impossible to sell and it’s impossible to find sellers.

This is the situation in the short term. Unless the panic is over, there may be people willing to take over.

Of course, if you really think it is a bargain, that is another matter. When the price is low to a certain level, the risk is no longer important.

There are still many people willing to buy at the bottom.

Summary: Theoretically, the real estate company jointly owned by Xiao Jun and Mou Qizhong still has houses worth about 4 million yuan left.

Put aside the fact that there is no demand for it.

Each of them can still get 5.5 million yuan. After deducting 3.5 million yuan from million yuan, each of them will suffer a net loss of million yuan.

In addition to speculating in real estate last year, Mou Qizhong also accomplished several big things. He used the money he earned from trading in large aircraft to continue expanding the scale of the Sino-German Group under his name.

This made the Sino-German Group officially a multinational trading company. And he also made a lot of money in the following trip to Pengcheng. Lu Yang only used 2000 million yuan of capital to leverage 3000 million yuan of profit. He has million yuan of capital. How much profit can he leverage when the stock market turns from bear to bull?

Later, he invested in Jiang Wanli's Wanyan Company and Lu Yang's Xiao Shentong Company. The prospects of these two companies are very good now. Putting aside Xiao Shentong, just from the announcement of Wanyan Company, he made 6300 million by selling shares to Lu Yang.

So even though Mou Qizhong also lost 3.5 million yuan, he is a wealthy man with a lot of blood and can hold on. At worst, he can just consider these years of work as wasted.

And the key point is that the money used to fill the hole may not come from his own money. Lu Yang has heard recently that there are many rumors on the street that Mr. Mou of Sino-German Group misappropriated the balance that should have been paid to the supplier, and extended the payment period of the supply warehouse by three months.

Not convinced?

It's easy. Just change a supplier. The Sino-German Group is now very big and is considered to be the first private trading company in China that does excellent foreign trade across the entire region.

Chinese people don’t have much else.

There are a lot of cheap goods.

To put it bluntly, what is lacking is not cheap labor, nor the goods produced by cheap labor, but the ability to convert these goods into cash.

It just so happened that Mou Qizhong grasped this point, so he had the right to speak and dared to exploit suppliers almost unscrupulously and prolong their payment cycle.

Isn't he afraid that these suppliers will collectively turn against him?

Of course I'm afraid!
But isn't it that you have no choice but to do so?
Then he would have no choice but to make these suppliers suffer. It was better to make these suppliers suffer than to make Mou Qizhong suffer himself. Before these suppliers' patience reached its limit, Mou Qizhong was sure that they would not dare to turn against him.

So?

So he decisively sold the shares of Wanyan Company in exchange for 100 million yuan of funds. With this 100 million yuan of funds as a backup, even if some suppliers choose to turn against him, he has the confidence to deal with these troublesome suppliers perfectly.

Where is Xiao Jun?
Even if he had half of Mou Qizhong's background, it wouldn't be like this.

All the assets under his name had been sold and mortgaged, and he still owed the Qian family 300 million yuan, which needed to be repaid within one year.

But the key point is, where can he find 300 million within a year?
Now there are only two options before Xiao Jun.

Or, wait for the house to appreciate in value. If the housing prices in Hailan can recover from their current low, they don’t need to increase too much, as long as they can rise to around 2000 per square meter within the year.

Then naturally, he will be able to come back to life without having to look for other ways. It doesn't matter whether the house is sold or not. He can just continue to hold on to it. As long as housing prices pick up and the market sees hope, he can take these houses to the bank for mortgage. It's simple and there's no problem in borrowing hundreds of millions. It's guaranteed to be feasible.

But the key question is, will housing prices really rise?
What if it doesn’t go up?
That would be a dead end. Xiao Jun, who has completely lost the space to maneuver funds, will have to watch helplessly as his properties are transferred to other hands one by one.

In the end, I am afraid that not only will you go bankrupt, but you will also be forced to become a deadbeat.

Even the Qian family could not save him, because the Qian family's money was also borrowed from the bank. Three hundred million was enough to cause serious damage to the Qian family. If Xiao Jun could not pay back the money, even for the sake of self-protection, the Qian family must get enough collateral worth three hundred million from Xiao Jun.

"Now you know how difficult it is for me, right?"

"I owe 3.5 million yuan. Isn't that amazing? I have lost all the money I could possibly lose in my lifetime."

"You think my mom doesn't want to help me?"

"She wanted to help me so much. She came here just to help me. She brought her little sister and money with her, but do you know?"

"After I explained the situation, they were all frightened and even hired someone to seal the windows of my office overnight."

Xiao Jun pointed to his head and said, "I can't guarantee how long I can hold on. Of course they are afraid. What if the housing prices continue to fall and there is no hope? Will I jump from here?"

Lu Yang didn't speak for a long time.

Walking up to him, he also looked down through the welding rod, watching the endless stream of people moving like ants, "Don't worry, the price probably won't fall. It's already shit, and any further fall would be like giving it away for nothing. However, it's probably going to be hard to rise."

No one knows better than Lu Yang how long this bear market in Hailan Real Estate will last.

平均房价从7000跌破1000它只用了7天，但是想再涨回去7000一个平方去，它得要花20年。

Xiao Jun murmured to himself: "Do I have any other choice?"

Lu Yang looked at his thin face and said, "Maybe there should be. It depends on whether you can make up your mind. Cutting off one's own arm may not be a way out."

Xiao Jun's eyes lit up when he heard this. He turned around and looked at Lu Yang, "How do you cut off your wrist?"

After Lu Yang thought carefully, he raised his head and said, "If I were you, I would no longer hold on to my luck. Instead of sitting back and waiting for the house price to rise again, why not cut some flesh and bleed to save myself and take control of my fate?"

Seeing that Xiao Jun still didn't understand.

Lu Yang simply made it clear, "Your company has now paid off its loans. It has no lawsuits and is a clean asset. It is worth at least 4 million, right?"

"Although the market is panicking and prices are low, if you are willing to sell your shares at a discount, will anyone be willing to take them?"

Lu Yang continued in an affirmative tone: "I believe there will be."

At least Mou Qizhong is one of them. At its peak, the total value of the company's real estate exceeded 20 billion. Although it has now fallen by % to %, after paying off all bank loans, it is cleaner than any other real estate company on the market and has more potential to be tapped. If circumstances permit, and the other half of the company's equity can be recovered at the smallest possible cost, if Lu Yang were Mou Qizhong, he would definitely consider it.

Xiao Jun obviously hesitated, "But..."

Lu Yang waved his hand and said, "Wait for me to finish. I know what you are hesitating about. You are unwilling to accept this. If it were me, I would not accept this either. You have invested so much money. It has cost you more than 500 million just to repay the bank loan. In the end, you may not be able to get back 200 million."

"But think about it again..."

"Think about it carefully. With these two hundred million yuan in funds, you will have more room for asset circulation."

"You can use it to repay the 100 million you owe the bank and unbind the Xingfuyuan Community that you mortgaged to the bank. It is a high-quality asset. House prices in Pengcheng have been rising rapidly in the past year. The houses in this community are selling very well. If you are willing to sell it, it will not be difficult to find a new seller for it in Pengcheng."

The collateral that can be used to borrow 1.5 million from the bank must be worth more than 2 million, possibly at least million or million.

Banks are not fools. If the value of the collateral is too low, it may result in huge losses, and banks will never do that.

Unless there is a violation.

Xiao Ming recently bought a storefront for 45 yuan, with an agency fee of 7 yuan including tax, a down payment of 32 yuan, and a loan of 20 yuan, not to mention the interest rate. If one day Xiao Ming cannot repay the bank loan, the bank will take away the storefront.

The bank never loses money.

Does Xiao Ming not want to have a lower down payment and borrow more money from the bank?
no.

The bank has calculated that if the loan exceeds 20, the risk factor will rise sharply. If Xiao Ming cannot repay the loan and the mortgaged property is taken back, even if it is auctioned off, the bank can still make some money from it.

By the same token, Xiao Jun was able to borrow 100 million yuan from the bank using his asset Xingfu Home Community, so its actual value must be more than 100 million yuan, as long as he could repay the bank loan first and then find a way to cash it out and generate more cash flow.

If you do what I say, even though you will eventually lose this real estate company and your Happy Home Community, you can use the money to pay back Qian's company and pay off all your debts. You can also keep your shares in the Subor Company, which has a good future and will have dividends at the end of the year. If you think clearly, you may be able to make a comeback with it."

(End of this chapter)