Rebirth Enchanted Xiangjiang

Chapter 1037: A Good Reason

The property market and real estate have always been Qiao Feng's great projects for making quick and big money.

From Hong Kong's real estate boom in the early 1980s, to a sharp drop and then to rise, to the Japanese real estate bubble after the Plaza Accord, Qiao Feng grabbed a huge amount of interest.

After that, Qiao Feng turned his attention to the booming mainland after opening up, whether it was the film and television industry or real estate.

To say that the film and television industry and real estate in the Mainland have truly developed, it is all things after the 21st century.

However, before that, the real estate in the mainland also had times of crazy life.

This is the real estate bubble in Hainan.

For the vast majority of Hainanese and those who participated in the Hainan real estate bubble in the future, that frenzy is an unbearable memory.

But it is undeniable that the start of the Hainan real estate bubble was perfect.

On August 23, 1988, Hainan Island separated from Guangdong Province and became China's 31st provincial administrative region and established a special economic zone.

With the successful example of Shenzhen Special Economic Zone Zhuyu ahead, Hainan, a small island of 35,000 square kilometers, has naturally become the "ideal country" for gold prospectors across the country.

But Hainan is poor, the foundation is too weak and the development capital is lacking, what should we do?

Of course, as Shenzhen started, it needs policies and supports.

Therefore, special export policies, open stock markets, and real estate policies have become Hainan's three major goals.

Among them, because of the vast land and sparse population, the vast land has become Hainan's largest capital, and real estate development has also become a shortcut to wealth.

In the words of the real estate tycoon, Pan Shitou, who successfully escaped from the Hainan real estate bubble, he said that when he arrived in Hainan by boat in 1989, he was still in darkness. He woke up the next day and found that 150,000 people had flooded the island overnight. people.

But this time is far from crazy.

From 1988 to 1991, the real estate in Hainan basically stabilized at around 1,400 yuan per square meter.

But don't think the price increase is not big.

There must be contrast.

All you need to know is that the price of the imperial capital Beiping at that time was only 995 yuan per square meter.

That is to say, since it was determined to be a special zone, in just three years, the housing price of Hainan has surpassed that of the imperial capital Beiping.

That is the imperial capital. There are several places with the highest housing prices in the country.

But this is just a prelude to the skyrocketing real estate in Hainan.

When the chief designer made a speech in 1992 and proposed to speed up the reform of the housing system, the effect of establishing a province and special zone in Hainan was finally fully released.

At its peak, more than 20,000 real estate companies appeared on the island with a total number of only 6.558 million.

The population spread evenly across the whole province of Hainan is a real estate company for every 80 people.

But of course, these people and these companies are not all for building houses. In fact, most of them are playing an ancient game of "drumming and passing flowers". What they pass is the land and the uncompleted.

Many real estates advertised as soon as they received the approval for construction, and the price had already doubled several times before even the foundation was laid.In the hot market, everyone thinks that there will be the last "fool" to take over.

In 1992, Hainan’s real estate investment reached 8.7 billion yuan, accounting for half of the total fixed asset investment. The real estate development area in Haikou alone reached 8 million square meters, and the land price soared from 100,000 yuan per mu in 1991 to 600 More than ten thousand yuan/mu.

In the same year, Haikou’s economic growth rate reached a staggering 83%, and another hot city Sanya also reached 73.6%. 40% of Hainan’s fiscal revenue came from the real estate industry.

According to the "China Real Estate Market Yearbook (1996)" statistics, in 1988, the average price of commercial housing in Hainan was 1,350 yuan/square meter, in 1991 it was 1,400 yuan/square meter, soared to 5,000 yuan/square meter in 1992, and reached 7,500 yuan in 1993. The peak value of RMB/square meter has increased by more than 4 times in just three years.

The price is much higher than Peking, Shanghi.

And Beihai City in Guangxi Province, which faces Hainan across the sea, is not inferior in real estate development.

In 1992, more than 1,000 real estate companies emerged from this small town of 100,000 people, and more than 500,000 speculators stationed in Beihai across the country.After repeated handovers, the government's tens of thousands of yuan/mu of land can be sold to more than 1 million yuan/mu, and the local government’s approval of land reaches 80 square kilometers a year.

Anyone who saw the momentum would say something crazy, absolutely crazy.

All the people involved are making money, making big money.

Then after making money, buy land, build a building, sell land, and sell uncompleted buildings.

However, at the craziest moment, some people saw the danger and left early, realizing a great escape.

Among them are Pan Shitou and their Wantong Six Gentlemen, both of whom have become big bosses.

The reason why Pan Shitou succeeded in avoiding the bubble burst is also a widely circulated story of spiritual chicken soup. It is rumored that Pan Shitou used 5 catties of oranges in exchange for Haikou housing construction data from the planning bureau clerk. The result is shocking: Haikou’s reported housing area divided by the permanent population gives an average of 50 square meters of housing per person, while the average living area per capita in Beijing at that time was only 7 square meters.

So Pan Shitou realized that the bubble was coming, so he pulled out in time.

From coming to Haikou with more than 1,000 yuan to look for opportunities, to having a net worth of tens of millions when he left the market, Pan Shitou has achieved tens of thousands of times in his personal wealth.

Qiao Feng is not greedy, he doesn't want to be thousands of times, after all, where is his investment volume.

And he doesn't want to simply play the game of drumming and passing flowers. After all, his goal is too big. If he also plays this way, the impact will be even greater when he exits.

Maybe the leaders above will have big opinions on him.

Therefore, Qiao Feng's goal is to obtain land in a down-to-earth manner, build high-end residential buildings, and leave no unfinished buildings before leaving.

In that case, even if he leaves early, people will lose one place to criticize him.

This time, Li Zhi suddenly proposed to withdraw funds from Hainan Real Estate to prepare for the East One Urban Complex Plaza project, which provided Qiao Feng with another idea.

That is the reason for leaving from Hainan with the Dongdan project.

In terms of the progress of the East One Single Project, it will basically take two to three years from obtaining various approvals to relocating the above units and households to starting construction.

And this happens to be the craziest and most prosperous time for Hainan Real Estate, and it is also about to end.

At this time, Qiao Feng used the East Single Project as a reason to sell Hainan real estate and drew funds. No one can say that he noticed the hidden crisis of Hainan real estate and sold real estate at a high position to make a profit, and threw the mess to the local and national governments.

People will only think that he is lucky and light up the lucky skills.

Thinking of such a reasonable and reasonable standpoint, Qiao Feng didn't need to say how happy he was. He hugged Lizhi and kissed it fiercely.

Lizhi was kissed inexplicably, but this did not prevent her from giving a warm response subconsciously.

Outside the house, two innocent children are watching TV. Inside, a pair of innocent men and women hit each other.

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