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Text Chapter 1025 Developers exert collective pressure

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    In the real estate market in China in recent years, developers have always been hello, I am hello, everyone is hello, you raise prices, I raise prices, everyone raises prices, let¡¯s make money from the people together, and be happy together!

    But this tacit understanding was destroyed by the recent fairy real estate.

    ?? 38 large and small developers across Chengdu, those who have opened their homes and those who are about to open their homes, have all fallen into panic and anxiety in the past few days.

    The reason is that Fairy Real Estate¡¯s ultra-low price pre-launch has directly dampened the enthusiasm of people in Chengdu and even Sichuan to buy other properties.

    Saturday: 0 units sold, 580 people wanted to cancel.

    Sunday: 0 units sold, 1,860 people wanted to cancel.

    Monday: 0 units sold, 3,790 people wanted to cancel.

    Such three consecutive days of tragedy directly gave their real estate company signs of collapse.

    No real estate company repairs a house but relies on its own money.

    Usually, you take a land mortgage loan and borrow money to repair the house.

    In the past, you could dig out a few pieces of soil and pre-sell the house to get the funds back, but now the country has issued strict laws that do not allow pre-sale of houses before the cap is capped, so they basically build and launch one building after another, and those with less strength may even have to  Cooperate with others to open the market.

    Well now, they haven't sold a house for several days. Even though Fairy Real Estate said it would only start selling houses at the end of June, many home buyers have abandoned other properties and pinned all their hopes on Fairy Real Estate.  , they don¡¯t even have many people looking at the house here.

    These are not big problems. The biggest problem is that they have to pay back a large amount of loans every day. If they cannot receive the purchase money every day, they will have to bear a lot of interest every day.

    If such a house does not sell for more than three months, they will go bankrupt and run away!

    The purpose of doing real estate is to make money, but now there are serious signs of losses.  They couldn't help but panic and be afraid!

    In panic and fear, they hated Fairy Real Estate very much as the disruptor.

    "Destroying someone's wealth is like killing one's parents."

    ??It is no exaggeration to say that if things develop to the worst, they would like to blow up the Fairy Real Estate house first, and then stab Xiao Qi with a knife.

    but.  Just thinking about it.

    Who is Xiao Qi?

    The richest man in China can kill small businessmen like them with just a little money.

    Xiao Qi is also a guest of the Provincial Party Committee Secretary and Provincial Governor of Sichuan Province. He is a very influential electronic business leader in the world. 30% of the officials in Sichuan Province and Chengdu City have relatives.  He works in Fairy Company, how can you shake him?

    ¡°Besides, Fairy Company is now the face of China. When national leaders go out, they often talk about Fairy Company with others.  Will the country allow you to touch him?

    Do not make jokes!

    Even the urban management is so scary. When the police in China get serious, they are definitely the scariest!

    Risking one¡¯s life for money is definitely not worth it.

    So after much deliberation, a group of real estate businessmen went to the provincial government together and protested directly to Yan Zhenxiao, the deputy governor in charge of land, housing and construction, saying that they would not be able to survive like this.  We can only go out of business due to debt!

    There are 38 real estate developers who have encountered problems, but there are more than just that.  There are also many developers who are preparing to launch in the second half of the year or next year. They are also very frightened. After being incited, they also signed a petition to the provincial government. A group of sixty or seventy CEOs sat in the conference hall and burst into tears.  It made Yan Zhenxiao dumbfounded.

    Yan Zhenxiao certainly knows their difficulties. Xiao Qi is really too good at doing such a thing. At his price, except for villas and high-end properties, they sell them.  It completely crushes all other houses of the same category.

    But what can he say?

    He knows Xiao Qi¡¯s background better than these bosses. The super boss Niu Ruzheng is Xiao Qi¡¯s backstage. Who dares to risk his life to mess with the promising Director Niu?

    So he could only choose to talk to Xini: "Oh, Mr. Liu, what you said is wrong. You have loan costs, but Xiao Qi doesn't? His loan costs are very high, okay? Much higher than yours! He  You can make money at any price, can¡¯t you make money?¡±

    Mr. Liu said sarcastically: "But our foundation is weaker than Fairy Real Estate! Xiao Qi earned more than 300 billion from selling his shares. How can his loan be considered a pressure? But the loan is consuming our profits every day. If  If we can¡¯t sell it, we¡¯ll probably lose money, really!¡±

    Yan Zhenxiao ignored him because he knew that Mr. Liu¡¯s50% of the property was sold some time before the market launch, and the bank loan has been paid off long ago. Now I just want to be greedy and get more.

    Vice Governor Yan turned to look at the other boss who yelled the loudest: "And Mr. Ma, your territory is within the Second Ring Road, next to the university, how can you compare with his remote mountains over there?  What? No matter how expensive it is, it can¡¯t be as good as your location!¡±

    "You don't know what those ordinary people think. As long as it's the cheapest, they like it and don't care about anything else." Mr. Ma's eyes were red. "It's only been half a month since I opened the market, and word of mouth has gradually spread.  I went out, but suddenly I encountered Xiao Qi¡¯s low price, and the good location couldn¡¯t be worth it!¡±

    "Nonsense! That's because your price is too high." Yan Zhenxiao said playfully, "Aren't you using the name of the school district housing and cultural atmosphere? You actually sold it for 7,000 per square meter. Do you want me to investigate your cost price?  "

    Mr. Ma quickly lowered his head, not daring to say any more.

    His cost price is at most around 2,300 per square meter. 7,000 is a bit ridiculously high, but doesn¡¯t everyone do this?  Earn as much as you can!

    "Xiao Qi is completely stupid for breaking the unspoken rules of the agreement like this!"

    Nodding with satisfaction, Yan Zhenxiao took advantage of the victory and pursued the victory: "Mr. Zheng, I know your suffering, but you haven't opened the market yet? If there are any difficulties, let's talk about it then"

    Yan Zhenxiao tried to persuade them one after another, although Yan Zhenxiao was able to offset the complaints of many developers, but there were at least twenty CEOs who were selling real estate, and he could not persuade them no matter what.

    Because these bosses are people who have climbed up from the bottom, they are very rogue.

    They don¡¯t care how shameless they are. Anyway, if you hinder me from making money, that¡¯s not okay!  I bought your government land, you should make the decision for me!

    Moreover, it¡¯s not just home buyers who follow the blind mentality, but developers as well.

    ¡°As long as the government does not come up with practical solutions, they will not feel secure.

    In the end, Yan Zhenxiao had no choice but to agree to them and report to the provincial governor, and then he temporarily calmed them down.  (To be continued)
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