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Chapter 660(1/2)

Author: Linjiangxian

Just a piece of land fetched a sky-high price of 1.7 billion, which is still unbelievable in Xia Kingdom where real estate has not yet started to take off.

Think about it, the land transfer fee alone is 1.7 billion. How much will it cost to develop?

If less money is spent on development and construction, it will make people feel that it has started but ended and left a bad impression, and the money will probably not be earned back.

If you want to make money back, you have to do something special and full of gimmicks, which means you have to spend more money.

You can't spend 40 to 50 billion to develop a project, right?

This is unprecedented!

The most important thing is that the auction is not over yet!

1.7 billion may not even be the final number!

This is the scariest thing!

At this moment, everyone's eyes turned towards Zhao Bin.

Lu Yiming has already bid 1.7 billion, and it is impossible for others to continue bidding. Now the pressure is on Zhao Bin.

Everyone knew that Lu Yiming and Zhao Bin were fighting, and Zhao Bin had already lost the round just now.

Now is Zhao Bin's last chance.

Whether you can earn back your face depends on raising your sign this time!

Not only Liu Hang was instigating on the stage, but Lu Yiming himself also taunted: "Lift it, you should lift it, you won't stop lifting it, right?"

"I……"

Seeing Lu Yiming's triumphant look, Zhao Bin was so angry that he vomited blood.

It can be said that Zhao Bin was so arrogant in front of Lu Yiming before, and now Zhao Bin is so embarrassed in front of Lu Yiming.

Zhao Bin looked at Luo Yongjie and asked with red eyes: "How is it? Can you get the money?"

Luo Yongjie shook his head slightly and sighed: "This price is already our limit. If we increase it further, the capital chain will be broken. If you buy it and develop it immediately, if it cannot be developed and it is taken back, billions will be wasted."

Although Zhao Bin was very unwilling to get this result, he had to stop.

Facing the countless gazes around him, Zhao Bin felt his face burning.

When had he been humiliated like this?

"You can do it, Mr. Lu! You win! Don't think that's the end of the matter. I want to see how you plan to develop the land after buying it!"

Lu Yiming glanced at him and said disdainfully: "What's the matter? Are you admitting defeat? Tsk, I thought you were so rich, but it turns out you are a poor guy who can't afford more than a billion."

"you……"

Zhao Bin suddenly felt his eyes go dark.

Next to him, Luo Yongjie was also very angry. After all, he was the founder of the Jiedi Group, and he was also a prominent figure in Zhonghai. Who couldn't call him Mr. Luo when he saw him? Now he was called a pauper by Lu Yiming.

On the stage, Liu Hang continued his work.

No one continued to raise the price, and he still felt a little regretful in his heart.

"Once in 1.7 billion."

"Twice, 1.7 billion."

"One billion seven hundred and three times. Transaction."

After successfully acquiring two of the best pieces of land, Lu Yiming was still very satisfied.

Yu Jiayi left the remaining matters to negotiate with the auction house. Lu Yiming called Xu Tengyu and briefly explained the situation.

After learning that Lu Yiming actually spent 3 billion to buy two pieces of land, Xu Tengyu was also shocked.

"You actually spent so much money to buy these two pieces of land? Do you still have cash in hand for development? Do you want me to ask my fourth uncle to help you? That Zhao Bin and Luo Yongjie will definitely not give up. If they get a bank loan here

If you get stuck, it will be a problem."

Real estate developers all borrow money from banks to operate their projects. Xu Tengyu knows the rules here very well, and also knows how Zhao Bin and Luo Yongjie will use to get Lu Yiming.

But obviously, Xu Tengyu still underestimated Lu Yiming.

Lu Yiming said disdainfully: "What kind of money can I borrow? It doesn't exist. I have so much money that I don't know how to spend it."

Xu Tengyu, who comes from a wealthy family and has never worried about money, felt like punching someone after hearing these words!

You just spent three billion in one breath, and now you are telling me that you have so much money that you don’t know how to spend it. How fucking rich are you?

Lu Yiming's opening once again showed Xu Tengyu a little bit of shock as the richest man.

However, Lu Yiming was not pretending. He really felt that he had made a huge profit by buying the land this time. After all, for him, the biggest loss was if he couldn't spend the money now.

If you only have a few hundred dollars in your pocket, you won't feel inflation because your money is not spent.

But when you are above the middle class and have assets of several million, you can feel how your property depreciates rapidly as time goes by.

That’s why rich people are keen on financial management, and even shout the slogan “If you don’t manage money, money will not take care of you”.

What's more, Lu Yiming has just returned from cutting leeks in the United States and has tens of billions of cash in his hand. As long as he doesn't spend it all, he will lose money if he keeps it. Moreover, the longer he saves it, the more he will lose.

To spend money, you must spend it in every possible way, invest all the cash, and convert it into other forms of assets that can maintain or even appreciate in value. This is what Lu Yiming wants to do.

That's why Lu Yiming has been spending all kinds of money recently. Spending billions to buy land tonight is just the beginning, not the end.

The next day, the appearance of Zhonghai City's Xindi King once again dominated the newspaper headlines.

Even local wealthy families like the Zhao family and Luo Yongjie, a big boss in the real estate industry, have become Lu Yiming's background and lost to the same young man.

On this day, people who read the newspapers all exclaimed in unison: "Guigui, three billion, how much is that?"

Putting 100 million yuan in cash together, there are 1,150 kilograms and 3 billion yuan, which is 34,500 kilograms, equivalent to more than 34 tons.

The load of a Dongfeng dump truck with four front and eight rear wheels for transporting sand and gravel on a construction site is only 38 tons.

The outside world has speculated how much money Lu Yiming has, and many media have contacted him through various channels, wanting him to talk about how much money he has.

Of course Lu Yiming decisively refused.

He still understands the principle of keeping wealth secret.

Saying how much money you have? Doesn’t that mean you stripped off your clothes and washed yourself and jumped on the chopping board to be slaughtered?

There are many disturbances from the outside world, but Lu Yiming takes them lightly. He is currently discussing the development of these two pieces of land with Li Yiwen.

Li Yiwen looked at the map spread on the table and asked, "What do you plan to use these two pieces of land for?"

Lu Yiming said: "I have already thought about copying the model of Yiming Plaza to China Overseas and turning it into a new and upgraded version with a larger scale. It will only be rented but not sold."

Li Yiwen said he couldn't understand: "Only renting but not selling? Are you serious? No one in China dares to play like this. It cost three billion just to buy the land. How can you make back the money without selling it? With that little rent,

It’s the year of the monkey and the month of the horse.”

Lu Yiming suddenly said: "They don't dare to play like this because they don't have the money like me. After all, even if you get a bank loan through connections, you still have to repay it. Even the project funds for building real estate have to be advanced."

And I rely on selling off-the-plan properties. I’m not short of money, I don’t have to borrow money from the bank, and I don’t have the pressure of repaying it. Wouldn’t it be nice if I just kept these pieces of land in my hands and waited for the value to increase?”

As long as Xia State's economy can continue to grow at a high speed, the price of land will naturally become higher and higher, and this is a fixed asset, not an Internet company with a market value and stock price of today or tomorrow.

As an anchor of assets, land, especially in first-tier cities like China Overseas, is undoubtedly the most valuable and stable. You don’t need to panic if you hold it in your hands for thirty years.

Even Lu Yiming's appetite was greater than Li Yiwen imagined. Looking at the map of China on the table, Lu Yiming drew a few more circles on the periphery of No. 6 and No. 7.

"If I have the chance, I plan to buy these places together and build them into high-end apartment buildings. Then the monthly rent and property fees alone will be enough for me to make a lot of money."

Li Yiwen glanced at the map, frowned and said, "It seems like all these places are already owned, right?"

Lu Yiming seemed very calm about this: "There is indeed an owner, and it is the Zhao family and the Lu family of Zhonghai, two very powerful wealthy families. They are well-informed and have bought all the land nearby before the land bidding.

Bought it.”

Li Yiwen was even more confused and looked at Lu Yiming: "I remember that Zhao Bin came from the Zhao family, and he didn't look like a generous person. You went tit-for-tat with him during the land auction, and he was willing to take advantage of the tiger's mouth.

Will I sell you the land here?"

Lu Yiming smiled and said: "Hey, I'm a young man. I don't have martial ethics. If he doesn't sell me, I can just cheat him or make a sneak attack."

While he was talking, there was a knock on the door outside. Li Yiwen went to open the door, only to find that it was Xu Tengyu coming over.

Seeing Xu Tengyu, Lu Yiming was very happy and said: "I was just about to go find you, but you came unexpectedly. This really means that Cao Cao Cao Cao has arrived."

Xu Tengyu asked curiously: "What are you looking for me for?"

Li Yiwen asked: "Mr. Xu is so free to come over today."

Xu Tengyu said: "Didn't I see in the newspaper that Mr. Lu spent 3 billion to buy land? I was thinking about it in my heart, but after thinking about it over and over, I always felt that this couldn't be settled at all, so I decided

I want to come here and ask Mr. Lu for advice. After spending so much money to buy land and then develop it, it is estimated that the cost will be 50 to 6 billion. How can you make money from this?"

Lu Yiming did not directly answer Xu Tengyu's question. Instead, he smiled and said: "Isn't Tengyu Logistics going to get the land anyway?"

Xu Tengyu thought that Lu Yiming meant that the land he took this time would be used as a warehouse for Tengyu Logistics. He suddenly felt a little numb and quickly clarified: "I do have the idea of ​​​​buying land, but the target is not No. 6 and No. 7.

It’s such a big piece of land, I just want to build a distribution center according to the company’s original plan, okay? Who would have thought that you would just play with such a big deal!”

Spend three billion to build a warehouse in the city center?
To be continued...
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