A train runs fast because of its locomotive.

Beijing, Shanghai, Guangzhou, and Shenzhen are known as first-tier cities, along with other second-tier cities, forming the leading forces in the real estate market.

There have been new developments in these areas recently. A number of foreign real estate companies have emerged, and they are coming in aggressively and willing to pay high prices.

……

"...We will now begin the bidding for the Lower City District...Plot A1...The auction will now commence..."

This plot of land, covering 500 acres, has attracted a lot of attention. Many people participated in the auction, and upon hearing that an auction was being held, they all raised their paddles.

……

"He's from New Li Hua, the boss."

The item that was finally sold was the New Lihua, which they had mentioned. They were very prominent at the recent auction.

This plot of land in Hangzhou's Xiacheng District should have been theirs, but it was acquired by Xinlihua at an 80% premium, putting them in a very passive position.

"Having money to acquire land, but probably not being able to develop it, huh...?"

After this auction, Xinlihua acquired a total of 40% of the land area.

However, after the auction, they immediately paid the remaining amount, which surprised many people.

"Damn, these foreign investors are really rich."

"They've offended the boss, let's see how they develop it."

"When you arrive in Hangzhou, if you're a dragon, you have to coil up; if you're a tiger, you have to crouch down."

"So what if you're rich? Heh..."

The others also wore the same smiles.

With all the formalities completed and all the necessary permits in place, construction was about to begin. Half a month later, everything was ready, and the groundbreaking ceremony officially commenced.

Normally, leaders would come to participate in the groundbreaking ceremony, but this time, not a single leader came, as if it had been pre-arranged.

However, this doesn't matter. The people at Xinlihua don't care about this either. They believe that if the land can be developed, then it should be developed. After development, hoarding is prohibited. In the short term, hoarding land is entirely beneficial.

Sure enough, after they started work, they received a lot of problems, including dump trucks not being allowed on the road, noise pollution, and so on. There were too many such issues.

But they are restricted by regulations and cannot stop work, so what can they do?

Zhang San received messages from several major cities about the pressure he was under from various parties.

"You do it this way, and then this..."

Zhang San arranged everything over the phone. It has to be said that the other party wanted to pressure him to invest his funds so that he couldn't develop the business, but he wasn't afraid. At least for the next ten years or so, investing in land would be better than other things.

Back then, Mr. Li had already accumulated a considerable amount of land, and even more than 20 years later, he still owns several million square meters of land on the mainland.

Did he lose money? Not at all.

A plot of land in Chengdu, Sichuan province, yielded a profit of several dozen times the initial investment. It was bought for hundreds of millions of yuan and then cashed out for 7.8 billion yuan, making a very high profit, far more than what one could earn through savings.

Now that the other party is doing this to me, they're forcing me to keep it under wraps and not develop it.

Therefore, he can only learn from the big shots: if someone wants the land in the future, there's no need to trade it; just sell the company's equity directly. This will save a lot of development and transaction costs.

The real estate circles in Hangzhou noticed that the big player from across the river hadn't made any moves; instead, it was very quiet, even behaving itself. Strangely, the scale of their construction activity had decreased significantly.

"Hey, what are they doing? When will this be finished?"

"You all know Boss Li, right?" A fat middle-aged man with an expression that said, "I know everything," immediately attracted the attention of everyone at the gathering, and they all turned their gazes to him.

"Boss Li is the richest man in the Chinese community, so his business acumen is top-notch." The obese middle-aged man praised the other party, and then said, "He has some land in the southwest, but he also has land in other places. If all of these lands were developed, it would require a lot of costs. Moreover, multi-line development requires a huge amount of capital. Even the richest man can't afford it."

All the listeners nodded in agreement, agreeing with him.

"Moreover, there are regulations that require construction to begin once land is purchased. Therefore, he came up with a solution, just like New Lihua, to start construction, but it was slow and didn't cost much."

"So they don't care about those hundreds of millions in cash?"

"They are different from us. They have big businesses and big assets. We are different. We will be dragged down."

"Yes, they can treat it like it's nothing, but we can't."

That's why they say old Hong Kong businessmen know how to make money.

"If I had a lot of money, I would also hoard land, because the cost of hoarding land is too low."

This matter got out, probably intentionally. In their view, such things should be exposed to restore order to the real estate market.

"The culprit behind soaring housing prices is land hoarding."

On the internet, a post appeared in a certain forum, and the content gave people the feeling of righteous indignation.

The text above states: Why are housing prices so high? It's because there's a group of people hoarding land without making a profit, or development is slow, and supply is less than demand. The root cause is to drive up housing prices.

This article immediately resonated with many people, who felt it made a lot of sense.

That's right. When there's more supply, housing prices naturally drop. But now, there's a group of people hoarding land. It's really despicable.

Soon, in this era of advanced internet technology, enthusiastic netizens stepped forward and exposed Xinlihua.

Online, concerned netizens have commented that Xinlihua Real Estate Company is financially powerful and has foreign investment backing. They claim that the company has bought large amounts of land to hoard and speculate on housing prices.

Zhang San is someone who pays close attention to public opinion. He immediately sensed that someone was up to something. What could he do? He couldn't exactly take up arms and shoot them, could he?

"Ignore these people. Delete the post once the hype dies down, and let them do whatever they want."

Zhang San doesn't care about any of this. The current situation can't be changed by just a few short essays.

Moreover, netizens are all keyboard warriors and don't think critically; Zhang San understands this very well because he has real-life experience with it.

If he had been smarter back then, seeing everyone talking about housing prices, he should have realized that housing prices were bound to rise, so he should have bought it even if it was more expensive, and then sold it more than ten years later. Wouldn't that have made him rich?

Just like I never expected it, I can't blame anyone else but myself.

Others may not have a way to undo their mistakes, but he did. He originally wanted to make a quick profit by building more houses and lowering housing prices, but what happened?

He has become the kind of person he used to hate, and sometimes he even despises himself.

When faced with trouble, he always thought about how those big shots handled things, which led to the current situation. Therefore, he had no choice but to go against his original intentions and start following the path of those big shots.

Those paths are very attractive because they offer all the benefits, and Zhang San lost sight of his original intentions.

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