Rebirth Starts From 2006

Coming out of Los Angeles Airport, the convoy headed north all the way, drove for about 50 minutes, passed more than 50 traffic lights, and finally arrived at the destination, Beverly Hills.

Known as the most noble residential area in the world, it is known as the representative and symbol of wealth, fame and fortune. Many Hollywood stars and Los Angeles tycoons gather here.

They even formed their own city, with their own elected mayor, police station and fire department and other functional departments, it is simply a small kingdom,

And relying on generous taxes, Beverly is known as the safest area in the United States, and even the world. Anyone who dares to challenge the order here will be thrown into a prison van in less than five minutes and given the most severe punishment.

Because of this, it attracts more stars and rich people to stay, bringing more high-end commercial consumption, and it becomes more prosperous.

In Beverly, there are naturally top luxury hotels, the most famous of which is the Beverly Hills Hotel, as well as other hotels such as Hilton, Four Seasons, Marriott, etc.

But this time, Chen Yang and the others didn't stay in any of them. After entering the urban area of ​​Beverly, the car drove straight in, and drove straight to a French-style manor house on the hillside covering an area of ​​about three acres.

After getting out of the car, Zou Rong's first reaction was to raise her head and open her mouth wide, her eyes staring straight ahead, as if she had never seen the world before.

Chen Yang grinned, took her hand with one hand, and lifted her chin up with the other hand, Zou Rong's head smashed into his palm,

Gently pinching the cheeks that felt good in the hand, Chen Yang looked around at the sculptures in the courtyard, the swimming pool like a small river, the green plants surrounding the square, the rockery and fountain in the center of the square,...

Of course, the culprit that made Zou Rong dumbfounded is indispensable, a white French castle,

Then he turned his head and asked casually, "How big is three acres?"

Qin Yu almost choked, and stared at him angrily, "Why is your focus different?"

I just introduced it for a long time, and you only noticed a three-acre?

Besides, I have never stayed in Europe and America, who knows what three acres is!

Huang Shan folded her arms, and laughed at the side, "Isn't this the usual style of Boss Chen? You're not used to it yet."

After a pause, he continued, "Three acres, that's more than 12,000 square meters. Even in Beverly Hills, it's considered a top mansion, right?"

She has stayed in both Singapore and Xiangjiang, and is no stranger to imperial units,

A little conversion will know.

"Of course." Qin Yu raised his head and pointed to another French-style manor not far away on the hillside, "That's Madonna's home, and the area is not even a fraction of this house. Looking at the entire Beverly Hills, the scale is bigger than this house Yes, you can count them with one slap."

Chen Yang curled his lips, "Why do you want to be so big, why don't you just live in those few rooms in the end!"

After speaking, he dragged Zou Rong inside.

This is not pretending, he really thought so. If it was a year ago, he might have been attracted to such a large-scale mansion, but after the education of the five-entry mansion in Beijin, he finally understood that he could not cover himself. A piece of tile can only sleep on a bed. It is really uncomfortable when the room is too big, but it is just right and the most suitable.

Qin Yu rolled his eyes, stepped on high heels and followed behind,

"Do you think I want such a big house? It's not that Henry Mortgage Company only has such an asset in Beverly Hills. It's a waste to leave it alone. Why don't we use it for a few days first, at least saving the money for a hotel stay !"

Henry Company is one of the five financial companies acquired by Rainbow Fund. Its market covers the entire North America, mainly engaged in debt mortgage-related businesses.

Of course, they also went deep into the subprime bond market and became one of the unlucky ghosts under the financial turmoil. In the end, they were fully acquired by Rainbow Fund at a cabbage price of 20 million US dollars.

Of course, the Rainbow Fund also took over more than six billion dollars in debt from Henry Company, as well as a large amount of assets recovered due to debt default.

Don't think that 20 million US dollars is very little. After a few months, Bank of America will acquire the famous Merrill Lynch Bank, and the cash spent is only 100 million US dollars.

Although the transaction is as high as 50 billion U.S. dollars including the stock payment, it just proves that cash is king in the financial world today.

Rainbow Fund paid 20 million in cash for Henry Company, which is already considered a big deal.

Because the headquarters of Henry's company is located in Los Angeles, this is also their main battlefield, so it is reasonable to have a non-performing asset in Beverly,

This time when Chen Yang came over, Qin Yu used the property for private use and asked someone to sort it out as the boss's place to stay.

Huang Shan strolled beside her and whispered, "The cost of cleaning here and hiring service staff is much higher than staying in a hotel!"

Qin Yu glared immediately, "Then you can't live?"

"Of course." Huang Shan put her arms around her shoulders, raised her head and looked up at the main building that was getting closer, "I haven't lived in a castle yet, so I'm going to open a restaurant today."

Henry, no, it should be Rainbow Financial Group now,

Rainbow Company has arranged more than 20 domestic service staff and an indispensable English-style butler for this manor, which was newly built for less than a year but has never been occupied.

When Chen Yang walked to the door, the blond butler in a tuxedo bowed to greet him,

Anyway, Boss Chen couldn't understand what he was talking about. After nodding and smiling, he walked in.

half an hour,

It only took half an hour to get acquainted with the surroundings of this castle!

Half an hour later, on the top floor of the castle, Chen Yang was lying on the antique brick wall, overlooking the Sunset Boulevard at the foot of the mountain, and couldn't help sighing, "This house must be very expensive!"

Qin Yu stood next to Zou Rong, leaning against the brick wall, leaning back to let her hair fall, shaking her head, "Henry's company was worth more than 80 million U.S. dollars when it was taken over, but it's a pity that it didn't take long before the subprime mortgage crisis broke out. broke out, New Century Company went bankrupt, and it was impossible for them to transfer out."

Chen Yang leaned against the wall and couldn't help but let out a long sigh, "It's a loss!"

"what?"

Qin Yu turned his head abruptly and looked at him in astonishment, "Didn't you say that after the financial crisis is over, housing prices will continue to rise, and how can they lose money?"

Chen Yang turned his head to look at her, and said helplessly, "I've been talking about China, when did I talk about America?"

Huang Shan and Qin Yu were taken aback, looked at each other, then looked at him and asked, "You mean, the real estate prices in the United States will continue to fall?"

Chen Yang pursed his lips and thought for a while, then said, "House prices are linked to two factors. The first is market demand. The relationship between supply and demand affects housing prices. This is easy to understand.

The second is the decision of the financial market. If enough funds are poured into this industry, even if the market sales are not particularly satisfactory, the housing price will continue to rise. Do you understand this? "

The two girls nodded in unison, while Zou Rong was confused and couldn't understand what he was saying.

Chen Yang rubbed her head, and said to Qin Yu seriously, "But after the subprime mortgage crisis, do you think American financial institutions dare to inject large sums of money into the real estate industry?"

Qin Yu frowned slightly, and shook his head very firmly, "No."

Huang Shan next to her also frowned and said, "Lehman alone has been trapped in real estate for more than 30 billion US dollars, and Merrill Lynch is only a lot more than Lehman. In addition, Goldman Sachs and Morgan are also deeply involved. Still just giants,

If you count central companies like Henry and more small and micro financial institutions, the funds locked up in real estate in the United States will be calculated in trillions,

In this case, at least within five years, the real estate industry cannot completely solve the problem! "

Before she finished speaking, Qin Yu covered her eyes with her hands, "I shouldn't have chosen Henry!"

Twenty million U.S. dollars doesn't matter, but Henry's debts are as high as more than six billion U.S. dollars. Although it is not worth mentioning compared to the more than 600 billion U.S. dollars of Lehman and Merrill Lynch, it is not a small sum. If the real estate market does not improve immediately , enough for Rainbow Fund to digest for several years,

In Huang Shan's words, if it really takes five years to unravel, even if the funds are deposited in the bank, there will be a return of more than 20%, which is a difference of more than one billion US dollars. Big loss!

Huang Shan put her arms around Qin Yu's shoulders, and glanced at Chen Yang vaguely, "What's the use of talking about this now, besides, why not choose Henry?

In any case, Henry can be regarded as one of the oldest financial companies in the United States. Although it is not comparable to multinational financial institutions, it is also considered top-notch among medium-sized companies. Its business structure and market size are not comparable to ordinary companies. According to me Look, even if this business doesn't make a profit, it won't be a big loss! "

Both of them were leaning against the brick wall, Chen Yang simply turned around and said angrily, "Oh, they both sang together, why don't you think I'm going to lose my temper?!"

Qin Yu pursed her lips, rolled her eyes twice and remained silent. Huang Shan's mouth turned up slightly, and she glanced at him, "First, as the top decision-maker of Rainbow Fund, you didn't remind Xiao Yu before that when you bought this company Second, you didn’t say just now that U.S. real estate prices will continue to fall, you just said that the deal was a loss, so what is your judgment?”

Chen Yang raised his head, laughing non-stop,

With a dark face, Qin Yu complained in front of someone, "Your husband is really bad!"

Zou Rong's face was full of confusion, it's not easy to answer these words,

From what I've seen and heard, it's really bad, but after all, he's my own man, so how can I speak ill of him in person?

At least you have to carry it on your back!

Chen Yang stopped laughing, glanced at Qin Yu, and said with a smile, "The sub-prime mortgage crisis has pitted the U.S. financial sector too hard, especially in the real estate sector, where a large number of non-performing assets have been locked up.

However, you are also in finance. If you regard real estate as a stock market, what will you do when the house price plummets? "

Qin Yu rolled his eyes and slapped his forehead again, "Understood!"

Huang Shan twisted her neck and couldn't help sighing, "It's too bad!"

Among the four people, only Zou Rong was puzzled, look at this, then look at that, what kind of riddles are you playing?

Seeing the puzzled expression on Zou Rong's face, Qin Yu slapped Chen Yang's arm away with his backhand, put his arms around Zou Rong and said, "Stock speculators can be dealers, and real estate speculators can also be dealers. If the house price is too low, we can use speculation to sell a certain The housing prices in a certain period of time have been speculated, and some of the goods have been sold, and then the housing prices have been allowed to fall.

When the housing price falls, buy a small amount to offset the operating expenses, and then continue to speculate higher. Repeat this three or four times, and you can sell all the goods in your hand!

As for whether the house price will rise or fall later, it has nothing to do with us! "

Don't mention any market laws, as long as it is not crushed by the subprime mortgage crisis, there will be no laws in front of capital, especially in small-scale local markets!

Zou Rong nodded suddenly, so the house was speculated as a stock? !

But at this time, my husband's voice came from beside me,

"Who said it's okay?!"

The three turned their heads to look at him together, waiting for what he would say.

Chen Yang shrugged and smiled, "Have you forgotten the accounting attributes of the real estate?!"

Huang Shan and Qin Yu's expressions froze, and Qi Qi smiled wryly.

Zou Rong was still the only one left at a loss.

Chen Yang knocked someone's hand off with a slap, hugged his wife back, and explained to her with a smile, "In Jidifu, buying a new house is investment, not consumption!

Therefore, when social and economic activities are relatively active, the price of real estate as an investment property will definitely rise with economic activity.

Then, after three to five years, when social and economic activities in the United States have come out of the shadow of the subprime mortgage crisis and the economy grows again, the real estate industry will usher in a rapid development cycle again, and at that time, housing prices will also soar. "

"Etc., etc,"

Zou Rong raised her right hand and looked at Chen Yang blankly, "You said that buying a house is an investment, not a consumption? I live here too?"

"uh-huh,"

Chen Yang nodded and said with a smile, "If you want to understand this, you must first understand the difference between investment and consumption.

Consumption refers to the process of using social products to meet people's various needs, and in this process, commodities will be consumed.

Investment refers to the economic behavior of a specific economic entity investing a sufficient amount of money or monetary equivalents such as money in a certain field within a certain period of time in order to obtain income or capital appreciation in the foreseeable future.

Then, using this standard to look at real estate, the result is obvious,

Whether it is a house or land, they are not consumables. Once you buy it, you have its ownership, and it will not decrease or disappear over time.

Moreover, the prices of houses, land, etc. will increase or decrease with the market economy, and owners can obtain capital appreciation through transactions,

You see, it has not been consumed, and it can be sold for a profit, so what is the act of buying a property not an investment? "

When he said this, Chen Yang was smiling, but his heart was filled with emotions.

As a financial graduate, in his previous life, he waited ten years after graduating from university to understand the true nature of real estate.

In the chicken dick calculation, buying a house is actually an investment, not a consumption? !

Ha ha……!

Qin Yu leaned against the wall, looked up at the blue sky above his head, and said with a soft smile, "So, when your husband said he lost money, he meant that he lost money on the acquisition of Henry Company, so he shouldn't have spent 20 million dollars. If I understand this earlier, I can save at least ten million!"

Various properties accounted for more than 70% of Henry Company's non-performing assets. If Chen Yang's analysis was included in the negotiation, the other party would definitely regress if they knew it well, let alone 10 million, even 50% Millions of deals are possible.

"It's not too late to understand now,"

Huang Shan touched Qin Yu's hair and said with a smile, "With your ability, twenty million US dollars can be easily earned back in the stock market."

"More than that," Chen Yang turned around, leaning on the parapet with one hand, "Henry Company has more than 6 billion in debt, but it doesn't mean that these non-performing assets are only worth more than 6 billion. Mr. Yu, there is a loss or a gain. It's up to you!"

Just like they acquired non-performing assets of several banks in China, in most cases, because the debtor has already paid a down payment and part of the follow-up payment, in fact, for the bank, many assets are not at a loss.

The same is true of Henry's non-performing assets. Take this manor as an example, the market price is more than 80 million US dollars. Of course, it cannot be sold at this price.

However, this does not mean that Henry spent more than 80 million yuan to win this manor. Perhaps, it only cost 40 million yuan or even less!

Qin Yu looked left and right, and then grinned, "Miss Ben has never done a loss-making business, so just watch!"