785 [Mansion]
Christmas in 1982 just passed, and within a few days, New Year's Day in 1983 came.
Entering the new year, "Raiders of the Lost Ark 2" is still being screened, and the box office has accumulated to $200 million, which can be said to be a new achievement.
The filming of "Star Wars 3" was also very smooth. Since the security company strengthened its security, no fan break-in has occurred.
Without the interference from the outside world, the crew was peaceful and the shooting would naturally be much smoother.
In 1983, Xiangjiang's economy not only did not improve, but instead became worse and worse.
On the one hand, capital has continuously exaggerated the atmosphere of terror, which has made the public more and more panic. More and more people have chosen to immigrate, such as the Asian American Consulate, the English Consulate, the Australian Liya Consulate, the New Zealand Consulate, etc. They line up all night in front of the door to apply for immigration, and the submission of applications alone has reached millions.
Lawyers are sprung up like mushrooms after a rain. English, German, Latin and other foreign language tutoring classes are all full, and it is hard to find one.
The so-called poor family and wealthy road. In order to live better abroad, these immigrants continue to sell their assets to cash out. Real estate, stocks, cars, gold, jewelry, and those that can be exchanged for money are sold.
This has caused a significant decline in real estate prices, and the Hang Seng Index, gold prices, used car prices, etc. are all showing a downward trend.
On the other hand, foreign capital, especially British capital, is also accelerating its escape from Xiangjiang. Many British capital are already considering relocation, and some Chinese capitals are even imitating them.
Influenced by them, various companies have postponed or canceled new investment plans, which has greatly reduced the amount of social investment in Xiangjiang in the second half of 1982.
Before, when real estate was booming, real estate projects under construction could be seen everywhere in Xiangjiang. The construction was constantly being carried out every day, and the noise even disturbed the public.
Now there are no new properties in Xiangjiang, and the properties originally planned to be developed have been cancelled one after another. This alone means a loss of investment of HK$15 billion.
The cancellation of real estate development plans has also caused a large number of construction workers to be unemployed. The sharp increase in the unemployment rate has further worsened the economy of Xiangjiang.
It can be said that most people in Xiangjiang are having a very unhappy day this New Year.
...
Of course, there are exceptions, such as Ye Jin.
He is very happy now because Donglong Steel and Lu's mansion are all his now.
The former owner of Donglong Steel was Lu Shichen, the king of Xiangjiang Steel. In order to marry his daughter to Ye Jin, he deliberately slandered Lin Qingxia for going out, which caused a big storm at that time.
Ye Jin wanted to take revenge at that time, but it was the golden period of Xiangjiang Real Estate. As the largest steel supplier in Xiangjiang, Donglong Steel was also a source of wealth and its performance was booming, so it was difficult to retaliate against it.
However, the feng shui changed. In the early 1982, due to the outbreak of the Jianing case, the Xiangjiang housing market and the stock market collapsed. Donglong Steel, which was responsible for supplying steel to real estate projects, its business naturally declined sharply, shrinking by nearly 90%.
Its stock price also plummeted. Its market value has dropped from a maximum of HK$2.8 billion to only HK$300 million, which is very miserable. Moreover, it was almost liquidated by the creditor because it had no money to pay the goods.
The so-called "take your life while you are sick!" At this time, the Myth Bank founded by Ye Jin provided him with a loan to make it pay off its debts. However, Ye Jin did this not to help it, but to have a fancy to all the property of the Lu family.
In order to obtain the loan, Lu Shichen was forced to mortgage Donglong Steel Co., Ltd. and the Lu Mansion, a mansion in the Banshan Mountain mansion, and agreed to pay off the loan within one year.
Originally, he believed that the economic crisis would always pass, but at that time, Donglong Steel's business will recover and the stock price will rebound, and repayment should not be a problem.
But until now, the economy of Hong Kong has not only not recovered, but has continued to deteriorate. This has also caused Donglong MTR's business to not only not recover, but also continue to deteriorate, and he has defaulted on loans for this reason.
After the Myth Bank failed to call for payment, it took over the Lu family's assets with just one example, including 47% of Donglong Steel's shares and a large luxury house in the Lu family's mid-mountain.
As a result, the Lu family almost lost all their wealth, ended up losing a lot and homeless.
Ye Jin also took revenge and obtained a large luxury house and a potential steel company.
...
The Lu family mansion is located in Gande Road, Banshan District, covering an area of 5,000 square meters and a practical area of 100,000 square feet. It is also outstanding among the luxury mansions in Banshan.
The house was built in 1972 and uses high-quality materials. It is said that the construction cost alone is as high as HK$50 million, which is more expensive than building a residential building that is more than ten stories high.
The reason why Lu Shichen built such a big house was mainly because he wanted to live together, be together and be harmonious. This is also what traditional wealthy families in Xiangjiang pay the most attention to.
But unexpectedly, doing so left behind future troubles. The Lu family lived in the Lu mansion, and there was no house outside. Now the Lu mansion was taken back by the bank, and the Lu family fell into a homeless situation, which was miserable.
What's even more miserable is that after the Lu family fell into ruin, his in-laws turned against each other.
His two sons originally married the daughter of the ship king and the King of Sand and Stone. Because the Lu family was in a downturn, the daughters of the two families also filed for divorce.
His three daughters were originally married well, and they married the sons of the Fruit King, the Hotel King and the Shop King respectively. Now because the Lu family is in a downturn, his three daughters are either divorced or asked to break off relations with their in-laws.
The so-called "Shen Frost fights alone grass, and the cold wind blows the people without clothes. The Lu family suffered a tragedy and everything went wrong, which made Lu Shichen both hold his breath and get angry. As a result, he did not survive the Spring Festival and returned to the west.
The dignified Iron King actually ended up like this, which made many old business friends feel very sorry for it.
...
Ye Jin then legitimately bought all Donglong Steel and Lu family mansions for 300 million Hong Kong dollars.
Although Donglong Steel's market value has fallen sharply, its foundation has not been damaged. It has always been the largest steel supplier in Xiangjiang. After this storm has passed, its business will recover quickly.
Ye Jin knew how popular the real estate market in Xiangjiang was in his previous life. A shop less than 100 feet long in Central has a monthly rent of HK$200,000 to 300,000, which can be said to be a valuable in every inch of land.
Since the real estate market is booming, it is naturally not difficult to do business in steel companies. After the business resumes, the market value will rise to 20 to 30 billion Hong Kong dollars, which is not difficult at all.
What made Ye Jin even happier was the Lu family mansion.
This house is located in Gande Road, Mid-mountain District, which is a traditional luxury residential area with unlimited appreciation potential. In the past life, the houses there sold for millions of Hong Kong dollars per square meter.
Chapter completed!