Rebirth 1991: Start Canned Food for Airplane

Just when the real estate bubble in Hainan Island is getting bigger and bigger.

Jiang Cheng also began to quietly sell the land and house of his own Yida Real Estate.

The layout of the house began last year.

And now, it is also an opportunity to start harvesting.

Today, this real estate has increased by 50 times compared with last year. At the beginning, 100 million yuan was invested, and now at least 5 billion yuan is earned back.

Of course, this money is actually more or less.

Don't make money, don't make money.

While Jiang Cheng is pulling funds, he is also slowly observing.

As expected, none of the Wantong Six Gentlemen ran away.

All are counting on this house price to rise again.

However, it is clear that the iron fist from the capital is about to fall.

At this moment, Jiang Cheng is still choosing the site with the people of the State Grid. Anyway, Hainan Island is surrounded by the "Six 10" sea, and this tidal energy is also very abundant.

However, how to make better use of tidal energy is also troublesome.

The most important thing is how to store energy. These all need to be considered. The money Jiang Cheng puts in must be tidal energy, otherwise it will not invest.

This also forces them to find a way to do it.

In the future, Sanya is also an important tourist city, and one of the important sources of income, which cannot be destroyed by thermal power plants.

In addition to tidal energy, there is also a photovoltaic industry in the future.

Jiang Cheng has begun to arrange people to research and develop in this direction. Although the state does not provide subsidies, Jiang Cheng is still willing to do it and try.

Some things, even at a loss, he wants to try.

Jiang Cheng’s slogan screamed loudly, on the one hand, it stimulated the price of real estate, on the other hand, it is really to build the world's top rubber industrial base.

However, before that, it is always necessary to squeeze out the real estate bubble first.

The rapid development quickly attracted the attention of the capital.

This real estate bubble is already a bit big.

After that, the capital side immediately began to do it, and then. "Opinions on Current Economic Conditions and Strengthening Macroeconomic Control."(Read more @ mtlarchive.com)

Among them, there are a total of 16 requirements, which are called "National 16".

The 16 powerful regulatory measures include strict control of the total scale of credit, raising interest rates on deposits and loans and national debt, recovering illegal borrowing funds within a time limit, reducing infrastructure investment, and cleaning up all projects under construction.

In an instant, money was tightened across the board, and Hainan's real estate boom, which was advancing all the way, was suddenly drawn from the bottom of the pan.

This time the speed of sanctions is faster than in history, and Hong Zhizheng came out in person to deal with the real estate in Hainan.

The most important thing is the participation of Jiang Cheng, which made the price of real estate increase too fast in one breath, and naturally, it also attracted great attention from the capital.

This wave is really terrifying.

And Wantong's six profiteers were also completely stunned. Before they even had time to make any response, countless people came to ask them to buy a house.

After seeing the country's documents, Wantong's six profiteers directly felt that their brains were down.

Just overnight, all the merchants were madly selling their real estate, which also caused the housing prices in Hainan to plummet.

Even if Wantong's six profiteers want to divest, this is impossible.

Because it is removed now, that means that they have nothing.

Now they have invested their capital and their profits.

Tumble, tumble, tumble!

The legacy of this regulation is that Hainan Province, which accounts for 0.6% of the country's total population, has left a backlog of 10% of the country's commercial housing.

The province has more than 600 unfinished buildings, more than 16 million square meters, 18,834 hectares of idle land, and a backlog of 80 billion yuan. The 13,000 real estate companies in Haikou have closed 95%.

The bad debts of the four major state-owned commercial banks alone are as high as 30 billion yuan. Many banks have a non-performing asset ratio of more than 60%, and only China Construction Bank has disposed of 267 non-performing real estate projects.

There are three major landscapes in Hainan: "The End of the World, the Cape, and the Unfinished Building".

At the same time, the bursting of the real estate bubble in Hainan triggered a national real estate hard landing. The national real estate prices plummeted one after another, and the real estate market was frozen.

The following story is that from 1999, it took Hainan a full seven years to dispose of the backlog of real estate to basically end. Until October 2006, the province had disposed of 23,353.87 hectares of idle construction land, accounting for 98.17% of the total idle amount, and disposed of 4,448,200 square meters of backlog of commercial housing, accounting for 97.6% of the total backlog. ........

"What am I talking about, what am I talking about?"

Pan Shiyi's eyes were red, and he roared: "If you see a good one, you will close, and if you see a good one, you will close, but what about you? What can you say, you can go up, and now?"

"Jiang Cheng said that he was going to invest, and I didn't expect it to happen!" Feng Lunner said, "It's just, who would have thought that something like this would happen!"

Pan Shiyi was angry, and grabbed Feng Lun's collar, and roared: "Then what should we do now? We borrowed from usury before. If we don't pay back the money, what should we do and what should we do?

Feng Lun was also angry, and suddenly pointed to Pan Shiyi’s nose and roared: "Cao f*ck, Pan Shiyi, did you say you wanted to borrow money? Is it you who is looking for the relationship, Cao f*ck, you? Are you starting to trouble me now?"

All of a sudden, the two sides quarreled continuously.

Suddenly, Yi Xiaodi said, "Where is Liu Jun?"

Several people were stunned for a moment, and then they realized that there seemed to be one missing person in the room. When they were puzzled, he suddenly heard a whistling wind.

Then, I heard a thumping sound.

A figure jumped directly from the top of the building, and in an instant, it was bloody.

The remaining five people ran downstairs at the same time, only to see a corpse lying in the blood, and the five people were terrified at the same time.

This person is not someone else, but Liu Jun, one of their six gentlemen.

Liu Jun, jumped off the building!

They borrowed tens of millions of usury. Originally, they could still make money by leaving the market. However, because of greed, they stayed in Hainan. Now, tens of millions of usury is enough to make them fall into 18 hells. Never exceed birth.

Puff!

Feng Lun seemed to have lost the strength of his whole body, and fell directly to the ground, feeling that his vitality seemed to be drained.

And Pan Shiyi was also silent, and an indescribable sorrow came to his heart.

Feng Lun jumped off the building, this is his fate.

What about yourself?

Thinking about that terrible debt, Pan Shiyi couldn't help but shudder.

How could this be his own fate? .

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