Chapter 224: 223 Real Estate

"So the contradiction faced by your company is between hoarding and developing land, which are both of great importance!"

Hoarding land resources is for the appreciation of land values in the future. Take San Francisco as an example; the land prices have multiplied many times over!"

The earlier we hoard, the greater the return we'll get. No matter the method or activity, our primary aim should be to get the land resources in our hands.

With our relationships and capital in California, nearly all of the land we target will become something we have in our pocket," Zhu Wencong explained to everyone.

Real estate companies are the core industry of backers. Whether in the East or the West, wealthy people are often large landlords.

The land owned by Western nobles and tycoons is actually no smaller than that of Eastern vassal kings, or even larger.

Such vast private territories naturally require a considerable number of slaves to highlight the owners' noble status.