The live auction continues, and everyone is watching the performance quietly. For the land auctioneer in Tokyo, they naturally hope that the higher the price, the better.
After all, the government takes out the land for auction, and the money will eventually be left in the municipal government's budget.
As for whether the rapid growth of housing prices will drive the rapid growth of land, this is something that should be considered in the future, rather than interfering in the bidders' current bid.
Moreover, under the market economy environment, land demand will naturally fluctuate.
When everyone is optimistic, the land will naturally rise. When one day the environment is bad and the economy is not optimistic, housing prices will fall in response.
Whether to rise or fall naturally has its market rules. Judging from the current situation, Tokyo's land will only appreciate but not depreciate in the next few years.
"400 million US dollars..." The auctioneer wanted to show his presence, but unfortunately he was interrupted by a crisp female voice before he finished speaking.
"450 million US dollars." A blonde woman gently raised the number plate in her hand and showed a number that made the whole audience quiet.
The difference between US$450 million and US$400 million is only US$50 million, but for real estate developers, the gap of US$50 million at this stage may be the profit of the entire project.
At this moment, it will cost 450 million US dollars to buy land, plus subsequent development investment. House prices will rise sharply. Whether any customers are willing to buy it in the future is still an unknown number.
After all, it was next to this land. The auction was just held last year. Although the land was 150,000 square meters smaller than the 600,000 square meters auctioned now, the final transaction price of the land was only 230 million US dollars.
Since the auction time of the two pieces of land was very short, the listing time of the two places in the future is almost the same.
If the other party chooses to hold up the property and refuses to sell it, and has to wait for the land to be sold together after the development is completed, then the property unit on this land may not be so easy to be sold before the other party completes the sale.
After all, the other party has a huge price advantage, and the price has almost doubled. The land area of ​​the two parties is only 150,000.
"Our company announced its withdrawal, which is no longer a project we can participate in. The land price is so expensive, so the house will definitely not be easy to sell. Once the sales time is longer and the time for capital recovery is delayed. If we borrow money from the bank, the interest will probably swallow up the profits of the entire project. After working for several years, we will eventually work for the bank. Let them take risks if this kind of fool would do! "Many companies have chosen not to bid, but wait and see.
"Where is this person coming from? He is so brave at such a young age." People who have been struggling in the real estate industry for many years can't help but be curious about Lin Ping's identity.
However, just when many people were confused and suspicious, some people recognized Lin Ping's appearance.
"Don't you really know him? Isn't this the Go god reported by the media some time ago, the boss of the Chinese Go national player. ea game company, a young rich man who just got 1 billion US dollars from Panasonic." Someone who recognized Lin Ping hurriedly reported to the boss beside him.
Perhaps these bosses have no impression of Lin Ping's appearance.
However, after all, the media has bombarded Lin Ping for a while and these people have heard about it.
"So it's him! No wonder he was so cruel. It turned out that he had 1 billion US dollars in cash in his hand." Someone shook his head helplessly.
"It's too easy for gaming companies to make money, it's a total of 1 billion US dollars! If you want to put it in our company, you probably have to do more than a dozen projects to make so much money. Moreover, these dozen projects are only local celebrity projects. Even with these dozen projects, it may take 10 years and 8 years to do these projects. I have to say that the semiconductor industry is really envious. I'm so jealous that I want to switch to semiconductors now." When I think of the other party holding 1 billion US dollars, many people's jealous faces are distorted.
"Lin Ping has 1 billion in his hand. Who is that woman?" After knowing Lin Ping's identity, many people looked at the woman who had just bid 450 million US dollars.
"This woman looks very young, what's wrong with this world? Those of us who have worked hard in the real estate industry for decades do not even have the capital to bid. And those who can give out more than 400 million US dollars are actually young people. I don't know why, but I feel that the bubble is coming. When an industry is wrapped in a lot of hot money, the industry will be full of bubbles. Don't you think the price of this land is now higher than that of New York?
Even the land prices in the core areas of New York will not grow to such an exaggerated level.
When these impulsive young people enter this industry, it is simply a disaster. I sincerely suggest that the company should tighten the projects we are in. If the bubble is about to come, then the environment we are in is likely to be the peak before the plunge. If housing prices start to fall wildly and the real estate industry ushers in a cold winter, our projects may be trapped and once we cannot sell them all smoothly. We cannot even repay the bank loans.
It feels terrible to think about it. Once the bank's loan cannot be repaid, these projects will be put on the agenda for the forensic auction.
Once auctioned by the court, we will encounter the real estate winter. The prices of our projects may be cut in half. If this is true, the ups and downs we have experienced over the years and all our efforts will be wasted. It is very likely that all our 20 years of hard work will be gone. Therefore, I sincerely suggest that the company tighten the projects in its hands and not participate in the auction of any plots. If someone wants to buy the projects in our hands, sell them as long as the price is reasonable.
Even if my speculation is wrong, it is much more reliable than letting all our 20 years of efforts go into nothing.
Just a few years ago, none of the people who sat here to participate in the auction came from other industries. Look at the people on site, there are all kinds of industries. Hot money from all industries has flowed into real estate, and our housing prices are also rising step by step. I really feel fear." A middle-aged man carefully reminded the boss around him.
The boss also nodded silently. After working in real estate for so many years, he knew the importance of the capital chain best.
Now, based on their company's reputation, just say hello to the bank and you can get the amount you want.
But once there is any disturbance, even if their company's reputation is good, the bank will instantly tighten its wallets and no longer issue loans to the outside world. These banks will even change their faces immediately and ask for previous loans like crazy.
Bankers are more like despicable than anyone else. Bankers are often only icing on the cake, and few people can help you in time.
Bankers hope that every rich man will apply for a credit card and will grant credit limits to these rich man frantically.
But these wealthy rich people don’t need these icing-up credit cards at all. In addition to taking them out and showing off, they just pay high annual fees every year.
For those ordinary people who urgently need bank loans, banks want to use a magnifying glass of 10,000 times to carefully check every credit you have.
Even if there is a slight dissatisfaction, the bank will directly refuse.
"You are right. Today's auction has set a new record. The media will definitely report it extensively tomorrow, and even the media around the world will follow up crazily. Everyone will say that Tokyo's housing prices will usher in a new wave of growth.
For ordinary consumers, they are about to start wailing again. However, the ultimate sales group of these houses are all middle-class people, and ordinary lower-class people cannot afford these high apartments. Looking at the data released over the years, you will know that the reason for pushing up housing prices is not only the land, but also the middle class from all over the world and those crazy real estate speculators.
These people are not qualified to participate in upstream real estate enterprise projects, but the money they have in hand is more than enough to buy one or two houses in the built properties. It is precisely because of these people that the housing prices in Tokyo far exceed the economic growth rate. Ordinary people are unable to buy high-level apartment housing. After those speculators bought these houses, they did not see many people actually check in. Everyone just regarded real estate as an investment project.
Let’s take a look at the intermediaries with overseas businesses. In recent years, middle-class people from abroad have doubled their growth in Tokyo’s houses in recent years. We have to admit that our country’s real estate has already had a huge bubble. After returning to the company, I will tighten some projects. As long as I have real money and silver, it will be safer. I would rather earn less than let my struggles go to nothing.” It was precisely because of my sensitivity to the capital chain that the boss decided to immediately hold a meeting after returning to the company today to sell some of the existing projects to recover funds.
The veterans of real estate are all alert to the arrival of bubbles, while Lin Ping, as a time traveler, listened to the latest offer but was not worried about the bubbles at all.
Lin Ping knew that house prices would rise in 1985, and now the land is only profitable and not lose money.
Lin Ping believes that anyone who dares to join the game will carefully consider the cost.
As long as it exceeds 600 million US dollars, I'm afraid the only one who dares to enter the game.
However, if Lin Ping spent 500 million or even infinitely close to 600 million on this project, the funds in his hands may be at risk of breaking instantly.
I now have a negotiation project that requires at least US$300 million in carrying out this project.
If the transaction price on this land is too high, it will inevitably have a huge impact on the project they are about to negotiate. When the other party sees the land price rise, will they start the price? No one can guarantee this.
Once the expenses of the two projects are infinitely close to 1 billion, Lin Ping only has 500 million US dollars of loans in the bank.
This loan also requires various expenses from your own aerospace company.
After hesitating for a while, Lin Ping continued to raise his bid: "470 million." Lin Ping significantly slowed down the increase in the price.
After hearing Lin Ping raise the sign, everyone turned their eyes to the blonde woman with blue eyes.
However, less than a second after Lin Ping's offer, the other party immediately followed up: "480 million US dollars."
After the other party made such a quick bid, everyone refocused their eyes on Lin Ping's face.
There were only two people bidding on the spot, and everyone else chose to wait and see.
This time, Lin Ping did not return the price immediately, but carefully evaluated the impact of his marriage.
After all, he only has so much money. Before the production capacity has been greatly improved, Lin Ping needs to be careful in his calculations.
If the land cannot be obtained this time, the negotiated projects must be obtained now. Moreover, other funds must be invested in more second-tier cities in Neon Country outside Tokyo.
"480 million US dollars per time." The auctioneer finally began to perform proudly.
"Is there any price increase? The second time for $480 million."
When the second time was called, all the bidders were waiting for Lin Ping to make the final decision.
"480 million US dollars, the first..." Just as the auctioneer was about to shout out for the third time and was about to prepare for the hammer drop, he heard a brand new offer.
The person who quoted the price was Lin Ping, who directly raised the price to 500 million US dollars.
"500 million US dollars!" Lin Ping raised the number plate in his hand and shouted loudly.
Since it was the integer threshold, when Lin Ping shouted out 500 million, the audience burst into warm applause.
This kind of applause is not encouragement, but a completely full-time attitude of watching the excitement.
After all, for them, the higher the transaction price of this land, it can actually drive the real estate sales price of real estate developers in disguise.
Everyone can create an atmosphere of price increase and thus give reasons for growing up.
However, for those speculators who want to make profits by relying on this land, they hope to see the two fight, and it is best to raise the price to 600 million, anyway, they are not spending their own money.
When the offer finally reached 500 million US dollars, the blonde woman was talking to the people around her.
"500 million US dollars, ma'am, do you still need to increase the price?" asked gently at the other party during the auction.
After waiting for a few seconds, I saw that the other party did not respond.
The auctioneer said skillfully: "The first time that $500 million is."
When the countdown was about to be called, many people in the audience even stood up and watched the good show.
"The second time for $500 million." The auctioneer raised the hammer in his hand high.
"Madam, you have one last chance." When the auctioneer was about to shout out for the third time, he still asked the blonde woman sitting in the front row.
This time the woman responded, but she handed her number card to her assistant.
At this scene, the auctioneer understood that the other party gave up the offer.
"The third time of 500 million US dollars! Congratulations to bidder No. 315!" In the end, no one bid again, and Lin Ping used his bottom line to harvest the land with a net of 500 million US dollars.
And it took less than 10 seconds after Lin Ping used 500 million US dollars to acquire the land.
Crossing the phone, I chose to hang up.
On the other end of the phone in the capital, many big shots remained silent, and the scene seemed to have frozen.
Chapter completed!