Chapter 342: Prospects and Handles

"What are you thinking?" Shui Rou looked at Chen Mingluo with his hands on his back and asked with satisfaction.

When he woke up early in the morning, Chen Mingluo looked at the ceiling with his eyes open, as if he was thinking about something important. So Shui Rou observed him for a while and asked curiously.

"I thought about it all." Chen Mingluo answered simply.

In fact, Chen Mingluo's mind was indeed messy. He was just thinking about it casually and did not have a clear goal. When Shui Rou asked him questions, he was called back from traveling thousands of miles away.

At this time, Chen Mingluo noticed that it was already eight o'clock in the morning.

"Hey, it seems that I will skip classes again today. I am a dead pig now. I am not afraid of boiling water." Chen Mingluo thought that he still had morning classes today, so he obviously couldn't get through, so he said with some self-deprecating words.

When Shui Rou heard about his glorious deeds at Xiling University, she immediately laughed, "Don't you be afraid of boiling water, are you afraid of coming again?"

Chen Mingluo suddenly became energetic when he heard this, and turned around and said, "Are you afraid of you?"

After finishing, Chen Mingluo simply did not go to school, but followed Shui Rou to inspect the construction site of the Wangshuoshan villa complex.

While checking the on-site situation with Chen Mingluo, Shui Rou said to him, "The profits of real estate are still very generous. This time we invested about 100 million yuan, but the income is estimated to exceed 500 million yuan. Although it is not a big profit, it is very suitable for large-scale capital operation. Of course, the premise is that you have to sell all these villas, otherwise it will be useless."

"Don't worry, I won't be in vain." Chen Mingluo was very confident about this.

It’s no wonder that the essence of the real estate boom is financial speculation, which is naturally suitable for large capital operations.

The general model of domestic real estate development is to grant a piece of land to someone or a company by the local government. A person or a company uses this land as collateral to obtain a state bank loan. This loan is therefore used for investment, development, construction and high consumption. When the loan cannot be repaid due to difficulties in house sales, the ownership of the land will be transferred to the bank as collateral.

It can be seen that in this process, the land was originally owned by the state, but in the end it was returned to the state through the bank.

This seems to be a magic trick. When the same piece of land was transferred from the state to the name of the State Bank, the land became the goose that lays golden eggs, creating huge economic benefits for land leasers, land expropriators, and banks.

It is particularly worth noting that the division of state-owned land and privatization of unified real estate is also realized. As long as the bank then opens the local real estate acquired as collateral, these lands can be transferred to actual privatization through monetization.

In other words, although the land is state-owned, after making such a fuss, it becomes a private property in the actual sense.

As the country's largest property, the ownership of land naturally determines how the nature of the economic foundation should be judged.

On the other hand, if the investment in this real estate can be implemented, even though the bank can recover the investment, the state-owned land will be privatized through the transfer of its building ownership or use rights.

After 1992, the huge monetary capital of the State Bank led to the formation of capital land rent and differential land rent through the medium of real estate development through the valuable transfer of state-owned land ownership or use rights.

Under the medium of providing excess capital in the financial industry, this land rent is realized in the form of high returns of real estate investment and is quickly transferred to the hands of developers.

The denationalization movement of land has led to a fever of real estate investment, and it is the high profit generated by the real estate development that stimulated the prosperity of the domestic economy from 1993 to 1995.

Under the conditions where the country has initially met the economic relationship of market capitalism, this economic mechanism, which is essentially land rent and is manifested as a high return on real estate investment, has automatically attracted government departments at all levels that have surplus funds and seek profit opportunities, including state-owned enterprises, to invest their own funds in coastal and local development zones, thus leading to an economic prosperity driven by real estate heat in recent years.

In fact, the financial speculation frenzy centered on real estate development after 1992 also occurred under the induced and promotion of international financial capital.

Recently, the international capital market has shown a huge financial capital surplus due to the sluggish industrial investment.

A part of the excess funds flowed into the domestic real estate development industry. Another policy choice facing the country was to take advantage of China's own cheap labor advantages to seek outward development and all-round development from the world market. However, due to the rapid expansion of real estate fever and the domestic demand stimulated by this, it absorbed a large amount of domestic funds and resources, which once again turned the domestic economy into domestic demand-dominated, which induced high-speed inflation in the past three years, and its root cause was the bubble economy.

Under the situation of industrial recession, domestic financial capital is overwhelmed under the conditions of tightening.

The reason for the excess is that the government has implemented a high interest rate policy, which has led to the high cost of banks and private financing. Therefore, state-owned enterprises are afraid to make money easily because their profit margins are lower than the interest rate.

In this industrial recession situation, banks are in a contradictory situation. On the one hand, a large number of enterprises go bankrupt or on the verge of bankruptcy, resulting in a significant decline in debt repayment ratio. Therefore, commercial banks face a large number of bad debts, bad debts, and bad debts. However, on the other hand, the decline in borrowing rates caused by corporate recession has given banks sufficient excess monetary capital, so that they can be used to operate in financial speculation.

In the national economy since 1995, most of the industry producers have made small profits but no profit or even losses, and the commercial service industry is in a downturn. Only the financial speculation industry can produce huge profits and make huge profits. This is how the national stock speculation craze has emerged.

"It is precisely because of the overheating real estate investment in the past few years that local governments have become more scared when talking about real estate. This is the main reason." Chen Mingluo said to Shui Rou, "But everyone ignores the exclusiveness of the economy. As the saying goes, I will win, and I will win. Only by taking a different path from others can we stand out and succeed."

In fact, Country Garden is also a special example. They were successful because they helped the government handle unfinished buildings. Now Chen Mingluo's plan is the same. According to a survey conducted by Shui Rou on his commission, there are many unfinished buildings in Yangshuo with relatively development value, at least about hundreds of them. Chen Mingluo wanted to succeed in this area and take it deeply into the real estate industry in Yangshuo City and take this as his foothold.

The unfinished buildings that Chen Mingluo chose to develop were much better.

The unfinished building there was the planned commercial center of Jindi Building. It was a genuine unfinished building. The reason for the unfinished building was very simple. The building was invested and built by a Sino-foreign joint venture. It was established in 1992 and started construction in 1993. It started selling houses last year. From last year to now, although Jindi Building has sold several houses, most of them are vacant. After the capital chain was broken, the boss fled some money and ran away, leaving such a half-finished project here.

The reason why everyone objected at the beginning was reasonable. After all, there are many reasons for unfinished buildings, but one thing is certain, that is, it is definitely unlucky in terms of feng shui. My real estate development company has just opened in Yangshuo, and there are many properties that can be developed. Why is it related to this kind of unfinished buildings that are smelly and look bad?

Moreover, these unfinished buildings generally involve more than tens of millions of funds, and some even have a gap of hundreds of millions of dollars. Once the investment error and the redevelopment plan fails, this part of the funds will be trapped and cannot be withdrawn.

Although the company now had tens of millions of cash on the books at that time, so there was no need to worry too much about the break of the capital chain, because there was still a villa group in Wangshuoshan that needed to be developed, this was also a project that required money. Since you already had a profitable project, the idea of ​​making this unfinished building seemed a bit out of place.

But now it is different. One is that Chen Mingluo wants to expand his real estate development scope, constantly recruiting troops, and preparing to do a big move. The other is that Chen Mingluo now has enough cash and 500 million yuan of funds can be in place immediately. This is the biggest reliance for the Guangyu Real Estate Development Company to stand in Yangshuo.

Shui Rou looked worried. In fact, after hearing Chen Mingluo casually, she took out another 500 million yuan of funds and injected it into the Guangyu Real Estate Development Company, in addition to being happy, she also had some worries.

Now Chen Mingluo's capital has accounted for the vast majority, and his equity has been compressed to five-half for a moment, and he has become an optional small shareholder. I don't know what kind of existence he will become in Chen Mingluo's eyes?

After all, she was a few years older than him, and Shui Rou had also met Chen Mingluo's girlfriends. Each of them was a beautiful beauty. She was very worried that the distance between her and Chen Mingluo would be further and further because of these things.

Chen Mingluo noticed the change in Shui Rou's expression, and he also considered this issue, so he sincerely expressed to Shui Rou, "No matter what the situation in the future, Sister Shui Rou, you always hold 20% of the equity of the Guangyu Real Estate Development Company remains unchanged, and you will not change as the president of the Guangyu Real Estate Development Company."

"Are you going to be the hero behind the scenes again?" Shui Rou asked with a smile. She was very satisfied with Chen Mingluo's arrangement. Even if she didn't care about these financial matters, as the only open boss who had been created by the company, Shui Rou would not want her to be thrown into the forgotten corner in a dust-filled manner.

After all, now Viao Real Estate Development Company is a thriving real estate development company.

"I am now behind the scenes, and I will definitely be behind the scenes in the future." Chen Mingluo looked at the beautiful scenery at the foot of the mountain, pointed to Yangshuo City in the distance, and said to Shui Rou with a smile, "As a developer, at most, it is to develop some houses in this city, but if I want to be the governor and the provincial party secretary, then what I develop will be the entire Xiling Province. I believe that Sister Shui Rou can understand how different there is."

"Do you really want to be an official?" Shui Rou was still a little surprised after hearing this, thinking that Chen Mingluo had such ambition at a young age, which was really impressive.

But when I think about it again, my younger brother in bed has always been a maverick and has a broad vision. It is not surprising to say that he entered the officialdom. After all, he is a deputy department-level cadre, and his future father-in-law is a department-level cadre, and what kind of family they produce.

Whether it is Xiao Mingxue or Chen Tongda, the two of them will definitely develop a huge network of personal connections in several years. It would be a pity if such political resources were not left to their sons or son-in-law.

The two of them stayed on the mountain for a while. After Shui Rou went down the mountain, she drove away in her mini cooper.

Chen Mingluo sat in the antique corridor on campus and thought about it, and then he thought of the black materials about Professor Schrödinger that the Fatty White asked Nightingale's people to hand him to him were still placed in his handbag. So he turned it out and sat here to look around, hoping that he could find some very targeted materials so that he could deal with Professor Xue himself.

Chen Mingluo has not been interested in reading this thing in recent days. Today, he searched through it so roughly and found that this old guy is really not a good thing. Judging from the information that Nightingale brought, not only did he fake academically and bully good, but he even kept several female college students in recent years. It was really corrupt and degenerate!

"Can a university professor have such great energy?" Chen Mingluo was a little surprised after reading it. He always felt that the information given by Fatty White should not be written as a professor, but an official with quite real power.

Chen Mingluo picked a few pieces of materials from it, put them in a file bag, and then stuffed them back into the car. He thought that with these things, it would be enough to make Schrödinger frightened. He believed that after seeing these things, he could only give in and take the lead. He would first handle the exam and then see how he should control him.

Originally, Chen Mingluo wanted to make him bad, but after thinking about it carefully, it was a waste of resources to do so. With the influence of Schrödinger in school, if he highly praised him, he would definitely win a lot of attention. Even if he kept Schrödinger still, everyone could see that he had no choice but to his authority.

In short, this person is not suitable for moving now, only for scaring.
Chapter completed!