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Chapter 488: Real Estate Earthquake

After Zou Ming saw something happened to Citibank, he smiled evilly at the corner of his mouth and called Lin Feng.

"Boss, I have already exposed the Citibank matter to the media as you told me. Now Citibank is already in a state of turmoil."

It turned out that the person who broke the news to the media was Zou Ming.

When Lin Feng learned that Citibank had loaned Stanley $5 billion, he knew that if he didn't solve the problem of Citibank, he might come out to make trouble when he does other things in the future.

Lin Feng heard Zou Ming's words and said with a smile: "Since the fire has been lit, let's add some oil to them to make the fire burn even more vigorously."

"Didn't I ask you to investigate the corruption of Citibank's senior executives before?"

“It’ll be useful at this time.”

When Zou Ming heard Lin Feng's words, he began to make arrangements.

Regarding Lin Feng's words to make the water turbid, Zou Ming had already had a plan in his mind. I believe Citibank would not spend it so easily this time.

As time goes by mid-September, various approval documents on real estate and banks suddenly begin to be issued frequently in China.

First of all, all commercial banks must strictly screen house loan business and strictly identify users' loan qualifications. Users who do not meet the requirements cannot borrow money at all.

Then, the mortgage quotas of each bank began to be standardized. In the past, the scale of each bank's mortgage business accounted for the scale of its own bank's loan business, so many banks tended to prefer mortgage loans for some business requirements.

After all, as long as the house prices keep rising, the people who buy houses will not stop providing. Even if the other party stops offering and the house prices keep rising, the bank will not lose money by taking back the mortgaged house and selling it.

In this way, the bad debt rate on the bank can be greatly reduced. After all, if it is a loan from other aspects, the bad debt rate is always very high, which is not very good for the bank.

When Lin Feng saw the recent policies, he knew in his heart that the big waters above would be implemented soon.

When the people above talked to him before, Lin Feng told him about the high housing prices in later generations. Seeing these policies, Lin Feng knew that what he said had worked.

Although these policies cannot completely suppress the rise in housing prices, in this way, it can also suppress housing speculation in the greatest possible situation. Otherwise, real estate without any restrictions will speculate in housing prices to the sky in the next few years, and then there will be no need to know whether it is comfortable to live in a house worth hundreds of thousands per square meter.

Starry Sky Group's real estate business is becoming increasingly larger. The policies introduced now have a great impact on Starry Sky Group's real estate business. After all, these policies not only limit the various conditions of home buyers, but also make many strict requirements on real estate.

For real estate developers, the most important thing is to use land as a mortgage loan to greatly reduce the amount. In this way, the previous gameplay of making money with nothing can no longer be played in an infinite cycle, which can greatly curb real estate developers' excessive building of houses.

With the introduction of these policies, the real estate of the Zhao family in Kyoto suffered a serious blow.

Because the Zhao family's real estate business has a strong background, after starting his business, the Zhao family members took the first piece of land through various relationships and began to use the land as collateral to borrow money from the bank.

Perhaps following the normal process, a piece of land worth 5 billion can only borrow 70% of the funds, but these problems are not a problem for the Zhao family.

With a good relationship, the Zhao family directly borrowed 8 billion yuan of land. In this way, not only can they collect the money from buying the land, but they can also have more funds to build a house on the ground.

Back then, the Zhao family used this method to make a fortune quickly. Even Wang Lin of the Wanda Group at that time found inspiration from the Zhao family's model, and then improved it and used the Du family's relationship to quickly develop the Wanda Group.

After the policy comes to the policy, the original loans of the Zhao family were not in compliance with regulations. Now we need to review them. We must ask the Zhao family to fill these holes as soon as possible.

However, the Zhao family has been fighting a commercial war with Starry Sky Group recently, so there is no extra money to the bank. In the end, there is no choice but to start selling the real estate projects in their hands.

However, these projects are often hundreds of millions, so it is not easy to find buyers. However, the Zhao family can slowly find buyers, but the bank does not have the patience to wait for them here. Once they are forced to do so, they may directly freeze their company's property in the court.

So the Zhao family has made a big fuss. On the one hand, it has lowered the price of some real estate projects. The price is really a broken price compared to the market price.

On the other hand, the Zhao family has started to use stupid moves again. In Lin Feng's opinion, it is simply showing off the sky.

Although the Zhao family declined, it was still a big family in Kyoto, so they began to gather several real estate developers near Kyoto and set up a Hongmen Banquet, that is, if everyone did not buy the real estate projects in their Zhao family, they would cooperate with their Zhao family.

Only the Zhao family can do this when doing business. Maybe they have always been accustomed to being superior to others and think there is nothing wrong with doing this.

But if you say you sell the project, you will sell the project. What's wrong with me buying a project worth 1.1 billion?

It turned out that the Zhao family didn't want to do it too much. After all, it would be not right for their Zhao family to force others to buy things like this. If they still sell a cabbage to the price of pork, something really will happen.

However, the Zhao family members planned to sell the house at a discount, but after the explanation was made, the people below did not do this.

After all, the Zhao family is the most aware of the current situation of the Zhao family. Everyone knows that the Zhao family is completely on the decline, so many people start to plan for themselves.

After all, many of them do not have any industry in their hands, and most of the industries within the family are responsible for it. Therefore, many people in the Zhao family get a monthly expense from the family, but for those who are big-handed, the money in the family is not enough.

In the past, everything was fine when the Zhao family was in a prosperous place. When they went out, some people rushed to pay for the bill, and often some people gave houses and cars from the bank card.

But now is different from the past. Many people know that the Zhao family no longer has the same glory as before, so many people who have cursed them before have stopped cursing themselves.

So without these people's flattery, many people's hands suddenly became tight, and there was a situation of raising prices without authorization.

Isn’t the family going to sell a 20% discount on the 5 billion project?

Then they will raise a few small goals and sell the house at that time, and hand over the 20% discount on the project to the family, and the remaining few small goals will belong to them.

There is no way to take such things by one person. After all, there are so many people in the second generation and third generation of the Zhao family. Once you take them alone, someone will definitely be jealous and want to report the news.

So a small circle began to appear, and a few of us joined forces to form a temporary alliance of interests, so that everyone can cover up together, so that nothing will happen.

So the Zhao family quickly became a few small circles and began to look for food outside. However, Kyoto is an important place after all, so they are also very careful about their eating habits and dare not eat too arrogantly.

But the matter was still exposed.

Everyone in Kyoto knows how to restrain one's temperament, but there is no such statement from other places.

So a few third generations of the Zhao family were sent to Lingnan to deal with a land. The land was taken by the Zhao family through some improper means. They originally wanted to build a subway project later, but now it seems that there is no way to do it.

However, after the three generations of the Zhao family arrived in Lingnan, they felt that the emperor was high and the emperor was far away. How could they make a little profit? If you want to do it, you can make a big order.

So a piece of land that was originally worth 200 million was sold directly by them for 2 billion.

Those who can buy two billion must be fools. After all, everyone is not stupid, so why should you be this fool?

But at this time, the people of the Zhao family began to show off again, gathering the bosses directly, and then began to coerce and induce them. Anyway, it was just a word, if you didn't buy it, you wouldn't have to continue doing business in the future.

However, these three generations did not expect that when the party was held, someone actually recorded their videos and broadcast them online. There was only one hour after it came out, and the number of clicks reached one million. When the third generations of the Zhao family finally forced several bosses to jointly buy the project, the number of clicks on the video had exceeded 20 million online, and it was still increasing.

When the Zhao family discovered it and was about to say hello to the people on the Internet, the superiors had already spoken.

This matter must be investigated to the end and see who dares to do such a thing in the new era.

So a severe crackdown began in Kyoto and headed towards the Lingnan area.

After the juniors of the Zhao family knew something was wrong, they quickly called the elders at home and cried and asked the family to save them, but it was too late.

The Zhao family also knew that the people above were angry and dared not interfere in this matter. Moreover, when they thought of the younger generations making money from their family, they all wanted to strangle these people to death.
Chapter completed!
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