Chapter 245 The old uncle is sweating profusely (4k)
Lin Jihua's words made Xu Qingshan sweat break out from behind his forehead.
I'm sweating profusely, uncle.
"No, uncle, you haven't done anything illegal, right?"
Xu Qingshan didn't want his second uncle to be imprisoned after being pulled over to help him.
In the past, he was a small-time disco player in a gray area, and at most he could just run away.
Now that my business has grown, if I show off in front of the government and big groups, my fate will definitely be worse than when I meet pirates in Somalia.
"What's illegal and indiscipline?"
Lin Jihua rolled his eyes at Xu Qingshan speechlessly.
"Is your uncle that kind of person?"
"yes."
"Hey, you don't understand. Your old uncle and I have been traveling all over the world for decades. My main job is to do as the locals do and adapt to circumstances. At most, I just brush on the edge of the law. This kind of work is like the national football team. Facing that Huge temptation, hey, I just won’t cum, even if I cum, I won’t hit it.”
The second uncle, the old national football player, is a little black guy.
Because when he was still playing in Japan, the national football team went to Japan to play a game. As a result, his second uncle went to watch with great expectations, but his head was shaved by Xiao Zhizhi.
Back then, my second uncle was very carefree and unrestrained in his childhood, and his main focus was to resist the Japanese in a curved way.
How can I bear that kind of anger?
After coming back, he became a black man in the national football team.
"Uncle, you still can't forget that experience in Japan."
Xu Qingshan sighed.
"Of course, I have been a bad person all my life, but no matter how bad the national football team is, it will only be this bad. I don't believe that a big country can be kicked 0:7 or 0:8 by Japan in the future. That would be so embarrassing. "
"That's hard to say. I might be kicked to double digits."
Xu Qingshan curled his lips.
Lin Jihua was indignant, and the conversation between the two of them got sidetracked.
"Okay, uncle, tell me all your recent operations. I haven't seen you send them to me to check on the situation. I'll accompany you to the beach to play football tomorrow."
Xu Qingshan quickly brought the topic back.
"You won't do anything to hide the transaction price and make a profit from the difference, buy a house without settling the transaction and sell it at a higher price, make multiple contracts to engage in fraud, increase public housing prices, illegal borrowing and leveraging, black-box operations and collusion to raise funds, illegal pre-sales and unlicensed agents, segmentation Is it an operation to sell multiple houses per house?”
Xu Qingshan explained a lot of operations in succession.
This time it was Lin Jihua who quickly braked and pulled over, sweating profusely on his forehead.
He held the steering wheel with both hands and turned his head to look at Xu Qingshan.
This time the person sweating profusely was Lin Jihua.
Lin Jihua's throat was a little dry and hoarse. He spoke dryly, and his hands holding the steering wheel even trembled a little. He seemed to have exhausted all his strength before he spoke slowly.
"Xiaoshan, why do you know so much about these things in this industry? You haven't done this before, have you? Hurry up and move these to the company. Although I'm of no use, I can still take care of things."
Xu Qingshan and Lin Jihua's uncle and nephew looked at each other for a moment.
The sweat on their foreheads almost turned into waterfalls.
"No, aren't I worried about you doing this? I don't understand it, I don't understand it at all. Uncle, don't worry, I've never done it before."
Xu Qingshan denied Duolian.
I just added a few words in my mind, I have never done it in this life, and I have never done it in my previous life.
Don't you think it's illegal?
"That's good, that's good, my uncle didn't do that either."
Lin Jihua breathed a long sigh of relief.
"Didn't our company's revenue this time mainly come from Qin Xuan's collapse before?"
"Well, didn't Qin Xuan just fall down?"
"Yes, so some assets in Qinnan need to be digested by the government, and some projects are also specially contracted. And because these assets come in so urgently, ordinary companies cannot use them immediately unless there is sufficient liquidity in their accounts."
Lin Jihua explained in detail.
"Although we don't have a lot of funds, we have all cash, so although we don't really eat meat, we also drink some soup."
"Then why is the money still in the account?"
Xu Qingshan understood.
"Because we have so much funds first, after we have circled the bid, we will then apply for a loan with the new land. Shanchuan Games will also provide the cash flow this time."
"Um"
Xu Qingshan found tissues in the car and frantically wiped his sweat.
This day-to-day challenge really challenges my heartbeat.
"Loans are okay, but don't use leverage."
Xu Qingshan explained.
"Why? I see Evergrande, Country Garden, and Wanda are all using loan leverage, so as to ensure that the maximum amount of hot money is always in their hands, and they can attract more businesses. Look at how fast they have expanded in recent years. Yeah, I feel like it will be even faster in the next few years.”
Lin Jihua put the car back on the road and said confidently.
"They can certainly make a lot of money from this in the short term, or even within ten years."
Xu Qingshan said.
"But uncle, do you know our real estate companies in Ludao?"
"Ah? Are you talking about the three municipal state-owned enterprises? One is C&D, one is Guomao, and one is Xiangyu."
"right."
Xu Qingshan nodded.
"I know, I know, but the three of them are too comprehensive, and I feel that they are a little too conservative, as if they want to take root and die in our Fujian and Vietnam."
"Because of the asset allocation structure."
Xu Qingshan said calmly.
"C&D, Guomao and Xiangyu are all municipal state-owned enterprises, and their goal is to consolidate and expand their basic base."
Xu Qingshan looked up and looked out the window. From their position, they could still see the huge gathering of cruise ships and containers at the pier. He continued.
"They are all supply chain + real estate models. They use the supply chain with low profits, large cash flow, and large-scale clusters as the basic base, and use the supply chain to provide the group with sufficient cash flow, especially in ocean freight; and then Use real estate with extremely high profit margins to build scale and continue to expand.”
"Compared to those crazy gamblers like Evergrande, Wanda, Country Garden, and even Kaisa, they are more stable and safer."
Xu Qingshan's words made Lin Jihua fall into thinking.
"But whether it is the former or the latter, they are actually expanding in line with the development of the real estate market era."
“Once the property market is flat, the first to suffer the backlash will be companies like Evergrande that use leverage to make ring loans. As long as one day their profit margins do not reach the sum of their interest and costs at all levels, even if you look at their book profits, If the rate is 200%, their capital chain will collapse overnight.”
"It is possible that a thunderstorm occurs overnight and a group worth tens of billions or even hundreds of billions ceases to exist."
Xu Qingshan's description made Lin Jihua frightened.
At best, he can only be regarded as the boss of a small group now, especially since this small group only has a small real estate company worth tens of millions and a gaming company that makes pretty good games.
Altogether, they don't even have a cent.
"It's not that exaggerated."
Lin Jihua swallowed hard.
"You won't be able to see anything within a few years." Xu Qingshan's eyes were deep and long-term.
When he was in Tilanqiao, he worked as a prison cell with a certain real estate boss for a while. At that time, he heard people talk about this every day, and he remembered it.
"You have to understand the underlying logic behind their crazy acquisition of land and building buildings."
Xu Qingshan continued.
"For example, Evergrande had 10 million yuan in hand at the beginning. In order to get the best land as soon as possible, especially in a prosperous area of the city, they first picked a small residential land. The real value at that time might be At 5 million.”
Lin Jihua nodded.
It is not impossible that the land acquisition cost exceeds double the land price.
After all, he is also a prodigal who has been mixed up in black and white. He has heard some big bosses boasting that the land is worth 5 million. Maybe 7 million will be used in the final bid, and the remaining 3 million will be given to the public gentry in exchange for his eyes and ears. Must be stable.
"Then, the cost of building a building is also 5 million. Originally, the 10 million should normally be 5 million for the land and 5 million for the building. After the construction is completed, we can start selling it, right?"
"Yes, after we finish subcontracting this time, we are already looking for new small plots of land, and we are planning to use the land to build like this."
Lin Jihua nodded.
"Don't rush to talk about this, let's continue talking about Evergrande and the others."
Xu Qingshan waved his hand. Since he is back this National Day, the real estate company's strategy must be slightly adjusted.
"They bought land for 10 million now. Do they have no money to build a building? What do you think they should do?"
Xu Qingshan asked rhetorically.
“Going for a mortgage?”
Thinking of his subcontracting operation this time, Lin Jihua asked tentatively.
"Yes, use this land to mortgage the loan and get 5 million yuan to build a building."
"Then use the 5 million to build a building?"
Lin Jihua felt that he understood the key.
"If that's the case, it wouldn't be called leveraging."
Xu Qingshan said with a smile.
"With 5 million, you can also use the bank's endorsement and government announcements to pre-sell the building. But who do you think should be sold to for this pre-sale building?"
"Isn't it sold to customers?"
Lin Jihua touched his head.
"Then we have to sell until the end of the Year of the Monkey? We sell to the owner, the contractor, anyone can do it, as long as we can buy the first floor and the first floor in batches at once, and then take out one or two floors for retail investors in a symbolic way, and then put them on the market together. , they can get the 20 million earned from selling the property at this time.”
"Huh? This is just a piece of land?"
Lin Jihua was stunned.
"But people say it is a building."
Xu Qingshan smiled.
"How can this empty space be a building?"
"Are the buildings you can't see also buildings? They just sold the buildings that were for sale in 2015 across time and space in 2009."
"Is it weird?"
Xu Qingshan asked.
"Isn't it strange?"
Lin Jihua was puzzled.
"With the endorsement of credibility, it's not surprising. As long as credibility doesn't collapse and the economy doesn't go down, you can even move a building from 3009 to 2009 and sell it."
Xu Qingshan said with a smile.
"That's ridiculous!"
"Isn't reality just absurd?"
“Can the absurd still be reality?”
“It just takes someone to endorse it.”
The nephew and uncle looked at each other and smiled, and Lin Jihua realized something.
"At this time, do they have 25 million in their hands? Within the policy framework, everything is very formal and reasonable."
"The bank is happy because they gave out a loan and got a building with the mortgage. Regardless of whether the money has been repaid, they used 5 million to get land with an official value of 7 million. They won't lose money anyway, right?"
"The real estate developers are happy because they have acquired the land, their money has increased from 10 million to 25 million, and they have attracted a bunch of powerful shareholders. They can also evaluate it as a high-quality asset. They can use the company's name to get a loan from another bank, and they can get another loan." How about taking out the money? You won’t lose money, right?”
"The place is happy because the land is sold, the accounts look good, there is meat to eat, soup to drink from the bottom, and even the benefits can be increased by hundreds of dollars. After one year, there will be civilized commendations, and the group can get third class One, do they need to pay anything? No, they won’t lose anything, right?”
Xu Qingshan analyzed.
Having said this, he asked with a smile.
"Well, uncle, guess what, if all three parties don't lose, then who loses?"
"hehe."
Lin Jihua laughed twice and remained silent. The two looked at each other and understood.
"This is still the lowest level of routine. Let's change our thinking."
Xu Qingshan continued to think about logic.
"At this time, the real estate developers had money in their hands and were connected with the local area. Banks and local governments all hoped that they could start the project so that everyone could sit down and discuss it together. But at this time, they took out 1 million. , as dog food, thrown to those economists and public intellectuals to create public opinion, promote public opinion, and promote policies, and spend another 4 million in public relations expenses to make the banking regulatory agency ineffective, and then use the remaining 20 million, Change two places, follow the same path, and do it again.”
"One city, three cities, seven cities"
"As long as no one flips the table in this game and as long as the money can be repaid, then one day they will be able to cover the entire country. So where do you think this loan money comes from?"
Xu Qingshan asked questions and answered them himself.
"People's wallets, the country's warehouse, and bank deposits."
"No matter where it comes from, this is undoubtedly digging into the roots of the entire country."
Lin Jihua nodded.
"Then something even more slutty came."
Xu Qingshan said with a smile
"They began to spend this money in different fields, such as shopping malls, cars, daily necessities, football, film and television, and charity. They became popular across the country and had great influence. Every city they originally went to please and publicize, Now we need to look up to them and wait for their charity.”
"At this time, they can once again squeeze the cost of acquiring land. The land originally worth 5 million may be taken away for 4 million, without spending any more public relations fees."
Lin Jihua took it seriously and added.
"I know this. Their market is needed to boost the regional economy. This kind of influence is needed to drive urban relocation, and even make the city prosperous and create more jobs and consumption opportunities. These are local performances."
"That's right."
Xu Qingshan nodded.
"Moreover, they can also ask the contractor who contracted to build the building to advance the funds to build the building. The 20 million pre-sold at that time was counted as phase 1. After half of the construction of phase 1, they started selling phase 2. The money from phase 2 was used to replenish the contractor with 20 million yuan. % to 30%, and then let them continue to cover and advance funds.”
“When the first phase is finished, we sell three phases, and when the second phase is half-financed, we sell four phases.”
As Xu Qingshan said, Lin Jihua shook his head more helplessly.
Uncle, he is really sweating!
(Some parts of this chapter look awkward because they were caught by river crabs)
renew! There is one more chapter that I still have to finish tomorrow.
After thinking about it for a long time, I still can’t put it together. Firstly, I feel that writing will be very slow, stuck, and watery. Secondly, I have thought about it for a long time. I don’t lack such things as high-quality badges. Having it once is enough. I believe that I will do well. Work hard, write well, and improve myself one by one. One day I will have a solid foundation and a wonderful story to get back to that step.
(End of this chapter)