章節 971: Chapter 971: Three roadblocks
'Ah Yu, you are the strongest, so you have more options. We won't hold back from you,'
Bao Yu laughed loudly.
Xia Yu laughed carelessly, 'What's there to be polite about? If someone else hears this, they'll think I'm giving you something. No matter how many options you have, you still have to acquire them yourself, right?'
Huo Yingdong laughed heartily and teased, 'Lao Bao, since Ah Yu has said that, let's not have any psychological burdens. Just let go and relax. If there's not enough money, Ah Yu's bank will help us cover it.'
'That's a good point!'
'Hahaha...'
Seeing the two men laughing heartily and starting to look, Xia Yu couldn't help but feel a little helpless.
But he didn't take it to heart. After all, joking aside, with the calmness of Bao Yugang and Huo Yingdong, they would not rush into such matters.
Sure enough, in the end, the combined value of the targets selected by Bao Yugang and Huo Yingdong was over 4 billion Hong Kong dollars, but it was within the two men's ability to bear.
Xia Yu looked at it and saw that the targets they had chosen were a very reasonable match. There were old buildings in downtown areas and old companies with large properties and land, as well as land and companies in the suburbs.
The investment in developing commercial real estate and residential real estate is split 50-50.
So in fact, the two of them will invest a total of more than HK$4 billion in suburban land and plots.
As for Xia Yu, in order to suppress property prices in Hong Kong, he has also roughly discussed with Liu Shihao that the first batch will put aside more than HK$5 billion to hoard cheap suburban land and plots.
In this way, the three of them will have to spend more than HK$9 billion just on buying suburban land and plots.
Generally speaking, in the real estate sector, land costs are basically around 30%, construction costs are also around 30%, marketing costs and grey costs combined are between 10% and 20%, and the final profit is 20% to 30%.
Of course, if the land cost of hoarding land is very low, and the land is developed after hoarding for a long time, when the land price soars, the land cost ratio will be much lower, and the profit will be much higher.
However, the land Xia Yu bought has an important mission, and it is destined to be developed as soon as possible. It may be developed within three to four years, so 30% of the land cost is just right.
Therefore, based on a 30% land cost, buying land for HK$9 billion will eventually develop suburban low-cost housing with a total value of over HK$30 billion!
According to statistics, last year, the scale of mortgage loans in Hong Kong was HK$11.3 billion, accounting for 53% of the sales of Hong Kong's housing development and sales market. The total sales of housing projects last year was HK$21.32 billion!
The market is that big. If cheap properties worth HK$10 billion are released each year on average over the next three years, the impact on Hong Kong's entire residential property market can be imagined!
Not to mention a 30% annual growth rate, the transaction volume of the residential market can be considered good if it can maintain the same level as the previous year.
If the general public discovers the secret, they will most likely hold onto their money and wait, buying only the housing developed by Xia Yu's company.
After all, buying a house at a 30% discount will save the equivalent of a person's entire income for five, six or even ten years!
What's the point of waiting?
"Bao, Huo, apart from the land for developing commercial property, the land for developing housing in the suburbs should be started as soon as possible. If there is not enough money, my bank will cover it, so you don't need to worry about it,'
Xia Yu said to Bao Yugang and Huo Yingdong with a smile.
'Haha, as long as you say that, I'll expand the infrastructure company after I go back and start construction as soon as possible,'
Bao Yugang said with a relaxed smile.
'In order to curb housing prices, construction needs to start as soon as possible,' Huo Yingdong said with a serious expression.
Xia Yu nodded slightly and revealed an extremely important piece of information to Bao Yugang and Huo Yingdong.
'In fact, since 1978, although Hong Kong's population has been increasing, the growth in the number of people of purchasing age has already peaked. The population aged 25 to 49 is 1.42 million, with a growth rate of 9.4%.
'However, the growth rates of the population of purchasing age in the year before last and last year were 7.6% and 5.8% respectively, which is almost a cliff-like plunge.
'My subordinates have studied this in detail, and combined with the population growth rate, housing development and sales growth rate, as well as the growth rate of the eligible population, if we don't intervene, the housing market will reach its ceiling around the year 2000, unless there is a large influx of people from outside the city to buy homes.'
'But 19 years is also enough time for housing prices to multiply several times.'
'So we have to hurry and fill the housing market as soon as possible.'
'If we can get 80% of the eligible home buyers in Hong Kong to buy a home within ten years, then the housing market will reach its end sooner than expected.'
Bao Yugang and Huo Yingdong believed in Xia Yu's data analysis.
Bao Yugang looked determined, waved his hand, and said with great confidence, 'Forget ten years, it's now 1981, and we will strive to eliminate all the potential of the housing market before entering 1990.'
'We will do our best to keep housing prices from increasing for nine years, so that 80% of the people in Hong Kong can live in new homes!'
Huo Yingdong grinned: 'This is a very difficult challenge, but I like it!'
'Let's do it, let's fight!'
Looking at the two men with determined expressions, Xia Yu laughed and extended his hand, saying, 'Let the three of us become the three obstacles to the rise of the Hong Kong housing market!'
Bao Yugang and Huo Yingdong looked at each other and also placed their hands on Xia Yu's hands.
'I'm determined to be this roadblock!'
'Behind these three roadblocks of ours stand millions of Hong Kong citizens, and victory can only be ours!'
'Hahaha...'
...
After returning, the three immediately got to work.
However, on 23 May, Xia Yu learned some extremely important news when he spoke with Elena on the phone.
The British government had already begun to discuss the privatisation of the extremely important telecommunications industry, and some MPs had proposed that the British Telecommunications Act was seriously outdated, affecting the progress of the British telecommunications industry and its competitiveness internationally, and that an updated British Telecommunications Act was needed.
The Duke of Carter Howard had received reliable information that, in order to reduce political resistance to the privatisation of the telecommunications sector, the British government intended to target one of the two telecommunications giants, Cable & Wireless (Cable & Wireless).
The two telecommunications giants in the UK today are BT and Cable & Wireless.
The former is a monopoly giant in the UK, with the only domestic communications network operating and service license in the UK, and telecommunications and postal services all in one, a veritable behemoth.
Cable & Wireless is a bit weaker, with its headquarters in the Caribbean and its business operating internationally. It is responsible for communications between the UK and foreign countries, and has a large number of subsidiaries.
For example, Cable & Wireless HONG KONG LIMITED, whose main business is international communications from Hong Kong.
Within the UK, Cable & Wireless has a very low presence. If it weren't for the existence of an official department, Cable & Wireless Telegraphy, it is estimated that 99% of the people in the UK would not know that there is such a state-owned enterprise.
Therefore, as long as Cable & Wireless is successfully privatised, the privatisation of British Telecom will be a logical step.
The British Telecom incident can be put aside for now. After all, telecommunications and postal services are integrated, and the interests involved are too great. There will be no result without two to three years. According to the original history, it was not until 1984 that the British government sold its stake in British Telecom. There is still time.
The key is to get a piece of the privatisation of Cable & Wireless!
In the last operation, Xia Yu already controlled Hong Kong Telephone Company, but only secretly acquired a portion of the shares of the Hong Kong branch of Cable & Wireless.
Apart from the 20% stake held by the Hong Kong government and a small number of shares held by the public, the majority of the shares are now in the hands of the Caribbean-based Datong Communications Company.
Whether he can completely monopolise the communications industry in Xiangjiang and expand his communications empire beyond Xiangjiang depends on whether he can seize this opportunity!
In order not to miss this opportunity, Xia Yu made another phone call to Duke Carter Howard, the father of Elena, after their conversation, to explain his thoughts on Datong Communications Company and to ask for his full support. Duke Carter Howard agreed without hesitation.
Xia Yu then called George Berkeley and spoke with him for several tens of minutes, clearly explaining the importance and minimum requirements, and repeatedly urging him to do his best.
The result will depend on whether he can break through the siege in the next month!
每周推薦票狀態
-- 推薦票
榜單 
-- 推薦票