At The Beginning, Sell Off Your Property And Short-Sell The Parallel World.
Chapter 35: Great Wisdom Is As Foolish As He Duoxiong
With the arrival of one billion dollars, He Duoxiong was overjoyed.
The entire Black Dragon Society is not worth so much money.
Originally, he just wanted to blackmail the securities company and make some money.
But now it seems that even if he tries his best, he can't make money faster than following the giant Li Xun.
One billion US dollars was extremely tempting, and He Duoxiong gritted his teeth.
Decided to spend 900 million to buy a certificate of investment.
Making this kind of decision requires a lot of courage.
Not everyone can make a choice in the face of so much money.
Li Xun, who received a donation of US$900 million, was just slightly stunned.
He came back to his senses in the next second, this He Duoxiong was a bit interesting.
I had underestimated him before.
"Boss He, you can tell me anything in the future."
Seeing that Li Xun regarded him as one of his own, He Duoxiong instantly relaxed a lot.
He admitted frankly that he was interested in Mitsubishi Estate Co., Ltd., the largest real estate company in Tokyo.
Everyone knows that the real estate bubble broke out in 1991. Within a year, house prices in the three major metropolitan areas fell by more than 70%!
In the three years before the real estate bubble, house prices in Xiaoli rose by an average of four times!
House prices in the three major metropolitan areas have even increased by as much as 10 times.
For many families, how do they get rich?
The answer is: buy a house, buy a house, buy a house again.
Especially in big cities such as Tokyo and Osaka, housing prices and land prices are even more crazy.
In 1990, the selling price per square meter on Ginza Street in Tokyo had reached US$950,000!
For ordinary families, there is a situation where the whole family is selling everything to buy a house, even an apartment of more than ten square meters.
For this reason, ordinary people in their early days have taken on huge debts in order to buy houses.
Until the real estate bubble burst in 1991, real estate prices fell again and again.
In a few years, house prices will only be 20% of what they were in 1991!
A large number of ordinary people went bankrupt, and housing prices entered a dark period that lasted for more than ten years.
It was not until 2000 that the real estate industry in Xiaozhi showed signs of recovery due to the take-off of the Eastern Dragon.
When He Duoxiong said he was interested in Mitsubishi Estate, Li Xun had an even crazier plan.
When I was young, I once joked that if I sold Tokyo, I could buy the entire United States.
Now is the time of the Asian financial crisis, and housing prices are at their lowest since 1991.
Maybe he can take the opportunity to buy the whole of Tokyo?
Li Xun was seen deep in thought.
He Duoxiong thought he had said something wrong and asked nervously:
"Mr. Li, is there any problem with Mitsubishi Land?"
"No problem, I can cooperate with you in acquiring Mitsubishi Estate."
Hearing this, He Duoxiong showed a smile and said gratefully:
"Thank you Mr. Li. With you here, I can see how arrogant those Mitsubishi guys can be."
Li Xun heard that He Duoxiong seemed to have a grudge against the Mitsubishi Group.
The predecessor of the Mitsubishi Group is the Mitsubishi Zaibatsu, one of the four older chaebols.
Mitsubishi Group is now the strongest of the six major conglomerates in Xiaoli.
"Boss He, can you tell me why you want to acquire Mitsubishi Estate?"
There was a trace of embarrassment on He Duoxiong's face, as if he thought of some unspeakable past event.
After a long while, he said: "I and Tanaka Kazuro, the general manager of Mitsubishi Estate, are the best brothers!"
The story is ridiculous.
Seven or eight years ago, He Duoxiong brought a group of Northeastern brothers to the bustling Tokyo to work hard.
At that time, the per capita salary in Tokyo was as high as 23,000 US dollars, which was higher than the 22,000 US dollars in the United States.
Many people sneak into their small lives and try to build a bright future with their own hands.
He Duoxiong is also one of them.
In the Chinese-inhabited area, he quickly broke out with a group of brothers, even purchased real estate and started a family.
The society grew bigger and bigger, and now there is the Black Dragon Society.
There was a church leader who was quite business-minded and used the society's money to speculate and sell houses.
What I never expected was that Tanaka Kazuo colluded with Mitsubishi Estate, and many working people were deceived into buying houses and speculating with their hard-earned money.
After the real estate bubble, many people's houses were taken away by banks because they could not repay their debts, leaving them burdened with debts.
Countless Chinese wives and children were separated and walked onto the rooftop.
Not only did Tanaka Kazuro not receive any punishment, he also became a hero of the Mitsubishi Group and prospered.
When talking about him, He Duoxiong gritted his teeth and looked like he wanted to eat his flesh raw.
Li Xun is also extremely disdainful of Tanaka Yilang's behavior. It doesn't matter if he changes the name of a small life, but he can't be forgiven for helping the small life consortium to bully the Chinese people.
"It's not that I haven't thought about implementing gang rules, but with Mitsubishi as his backer, he established a new gang, and he avoided many assassinations."
In fact, the hatred in He Duoxiong's heart has long been diluted by time. He just wants to buy Mitsubishi Estate and let his former good brother see that your master is just a little Karami in front of the Black Dragon Association.
After listening to He Duoxiong's old story, Li Xun wanted to meet Tanaka Yilang for a while.
Due to the real estate bubble and failure of overseas investments, the market value of Mitsubishi Estate is less than one-tenth of its peak value, which is only US$2 billion. Just buy it all.
In Li Xun's opinion, this deal is extremely cost-effective.
Because by 2000, real estate in Xiaoli will take off again, and the market value of Mitsubishi Estate, which owns the most prosperous areas and commercial buildings, will increase tenfold.
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