Real estate players

Looking at the large number of raised hands in front of him, Chen Jin looked around and saw that one of the reporters was not looking at him, but constantly looking at the heads of various departments on the opposite side while frowning. Thinking about...

Chen Jin smiled slightly and said, "Dongjiang Observer."

"Uh~" Although the reporter raised his hand, he was already distracted and almost didn't react for a while.

However, when he saw Chen Jintou’s expectant gaze, he quickly sorted out his thoughts and asked, "Excuse me, Mr. Chen, Jinhua has already owed more than 8 billion in debt after winning several projects in Qianjiang District. This time it is more than 28 billion. Although there is a large influx of funds, but..."

He pointed to the other side: "How did you coordinate the debt relationship with the bank and Dongjiang City Government?"

Chen Jin nodded, and secretly said that the eyes of these financial reporters were really vicious, and he could see the most critical part of this project in an instant.

If it is not too short of funds, he would not choose to cooperate with Qianshu Group.He needs funds and reputation, and Qianshu Group needs to use these projects to quickly open up the situation in Dongjiang City. Both parties can be said to get what they need.

He replied: "That's it. We will pay off the arrears of the previous project at one time, and at the same time, after assuming the debt relationship this time, we will also repay 50% of the arrears first."

An exclamation erupted from the crowd!

Chen Jin's understatement is a capital flow of more than 20 billion!

These were the bad debts of Dongjiang City’s finances and banks.

Chen Jin's repayment of such a large amount of non-performing assets is simply a blessing for the city government and banks. It is no wonder that such a solemn thing is to call these people who are usually bigwigs together as a foil and start a press release. I will!

It is conceivable that more than 20 billion in cash will be returned to the municipal government and banks at once, and how big the impact will be...

This is exactly what Chen Jin and Huo Yibo made during their discussions, and it is also one of his other goals.

By April 2011, the regulation and control had been a full year.

There is no doubt about the outstanding results of the regulation for one consecutive year in 2010. The average real estate price in Dongjiang City has dropped from a high of more than 22,000 back to a low of about 18,000.

At the same time, compared with 2009, the transaction volume is even less than one-third of 2009.Even the price of new houses in Dongjiang City, which once ranked first in the country, dropped from more than 25,000 to more than 19,000.

These data delight many home buyers, but they have also caused the market to be oppressed. A large number of home buyers have money in their hands but dare not start.

After all, since ancient times, any commodity has been bought up and not bought down.Although the average price has only fallen by more than 4,000, it is important to know that there are many key school districts in the urban area, but they have risen against the wind.

Therefore, most of the average price of more than 4,000 is actually contributed by the large number of properties on the fringe and suburban areas.

In this batch of properties, the price dropped to a low level.Otherwise, how can houses in key school districts rise against the wind and the city center remains basically stable to lower the average price of the entire Dongjiang City?

In this case, the city center cannot afford it, and the more remote areas are afraid to continue to fall but dare not buy, and it is normal for the transaction volume to drop significantly.

However, after Chen Jin combined the transaction data of all sectors from April 2010 to the present, he found that the prices of these remote areas have stabilized and there is still a very slight upward momentum.

Combined with the market forecast given by LivePoint Radar, he came to a conclusion.

That is... Dongjiang City will stop falling after the year and enter a period of flattening after the heavy volume in March.

As long as the market eases, customers will have a reason to act.Therefore, Chen Jin made a very bold judgment. In 2011, the volume of transactions that had been suppressed for a whole year will surely pick up, which naturally brought about a slow rise in prices.

It is no longer the rocket lift-off-like skyrocket of the previous two years, but a steady rise in line with the basic laws.

It may only increase by 30,000-50,000 per month. For customers, compared to the previous month’s surge of 300,000-500,000, it is much easier to accept psychologically.

In fact, there was a research report from Pan Zhongyang who helped Chen Jin make this judgment.

The conclusion given by this high-achieving economics student is based on a large number of data calculations and pre-judged, but it coincides with Chen Jin's view.

After firming up this conclusion, Chen Jin put forward his request to Huo Yibo, that is, the more than 20 billion cash returned belong to the part of the municipal government, and he must ensure that at least 50% is allocated to the municipal provident fund. Account.

Because of the long-term regulation and monetary tightening, the provident fund account is not to mention, it is impossible to release money at all.Now customers use the municipal provident fund to buy a house, and the payment period is generally more than 6 months.

The allocation of this fund can alleviate this situation to a considerable extent.

As for the part of the return to the bank, he also asked Huo Yibo to negotiate with the bank in advance that at least 50% of the funds must be re-entered into the loan pool, moderately relax the loan conditions, increase the speed of lending, and let the customer re-send the money. Loan out.

Although this was Chen Jin's personal wish, it actually served the bank's interest, so Huo Yibo's negotiation went smoothly.

At this moment, as long as the signing and project ownership transfer procedures are completed with all parties, Chen Jin's goal has been achieved!

He wants to use his large sum of money to give an adrenaline shot to the real estate market in Dongjiang City!

As long as this momentum rises, unless the country immediately introduces other targeted regulatory policies after the April New Deal, there will be no external force to suppress the momentum anymore.

However, no matter how noisy Dongjiang City is, it is just a city. There is a drop in the ocean, and it is impossible for the country to issue a special policy for such a place that is not even a municipality!

In this way, Chen Jin's real estate can take advantage of this shareholder's wind to step on the wave and become a waver.

But what Chen Jin didn't tell anyone was that he had a deeper plan under this level of purpose!

Now everything he is doing is to promote the economic development of Dongjiang City and benefit the whole city.

Not to mention anything else, just such a huge amount of wiping off the government's bad assets is a great credit.

Chen Jin needed this layer of protective film. Using Huo Yibo as a breakthrough point, he slowly won over those hands holding tickets in the temple.

This process will be very slow but requires a huge price.

But everything is worth it...

Because only in this way, Chen Jin can slowly have the right to speak on an equal footing with Wu Qingshan!

Nowadays, especially after having direct communication with the future old man, Chen Jin is no longer worrying about self-protection or partial security.

He must accumulate strength and fight back!