Chen Dong woke up and found himself reborn in 1990, a time when gold was everywhere. Carrying the regrets of his past life, he started by selling tea eggs...
Financial crises, oil crises, gra...
Looking at the three astonished men, Chen Dong said with a hint of disdain, "Heh, you think that's all?"
"This 200 billion yuan is just the cost of building the subway. But the related impacts of the subway on all aspects are enormous."
Jiang Fei, A Long, and A Hu were all puzzled, not expecting what Chen Dong had said.
Although they have now ventured into the hotel and real estate industries, their thinking is relatively limited to this sector.
They themselves do not have a clear concept of the various changes brought about by the subway.
Therefore, Chen Dong had no choice but to give them a brief explanation here.
"Have you noticed that house and hotel prices vary from place to place? Have you ever wondered why that is?"
Jiang Fei thought for a moment before saying, "The most important thing is the location and its own level and grade."
Ah Long said, "We also need to consider the city's population, as well as time factors and the level of economic development."
Ah Hu added, "It depends on where the city is located and how big the city itself is."
Chen Dong nodded. "You're all right. Cities that can develop subways are considered quite impressive. At the same time, they must at least be among the top in the country economically, because building a subway is an extremely expensive undertaking."
The three nodded in unison.
Chen Dong continued, "The subway is a particularly important factor affecting housing prices. Have you noticed that both residential properties and shopping malls around subway stations are especially popular?"
The three of them thought about it and realized it was true.
They nodded in unison, "Brother Dong, you're very observant."
"Hehe, this wasn't something I observed; it was something that professionals researched. I read some related articles."
"Ah, you want to read a book?" Ah Long looked miserable. He was fine with doing things, but reading a book? That was really asking too much of him.
Chen Dong couldn't help but glare at him.
"What's wrong with reading? If you want to do something big, you have to learn. The impact of a subway on a city is all-encompassing, not just on transportation and commerce, but also on the flow of information, the rapid movement of people, and the flow of goods, all of which generate money. It is estimated that the construction of the Yanjing subway will unlock a huge wealth of 30 trillion yuan. This wealth will be driven by the subway, which means that the areas around the subway, whether above or below ground, have the potential to become very profitable businesses."
These words made the three of them's eyes light up, and they stared intently at Chen Dong. "Brother Dong, what are we doing!"
"That's right, Dong-ge, we have to seize this opportunity!"
"Brother Dong, just tell us what to do and we'll do it. Even just a sip of soup will fill us up."
That's true. Anyone who can join this project will be well-off.
However, to participate in such a large national project, one must pay a high price and make a great deal of effort.
Ordinary people simply cannot participate in it, even if they have money.
Large-scale projects like this require substantial financial investment.
Nowadays, people have to pay for their own work before they can apply for payment from the relevant departments after the work is completed.
Moreover, to do this kind of business, you need connections.
Such large deals have long been reserved for those with connections, meaning they are divided up among the descendants of high-ranking officials unknown to the general public.
They will then break these projects down further and subcontract them layer by layer.
It's simply impossible for ordinary people to participate in this grand event and compete with them.
They can crush you with just a flick of their finger.
Chen Dong, of course, had no intention of going straight to the table and competing with the offspring of those high-ranking officials for food.
He only needs to wait until things settle down, or more accurately, until the higher-ups have divided up the relevant projects and subcontracted them out, before he can join in.
Of course, this is only a short-term approach.
The long-term approach is to focus on the structures attached to the planned routes, such as factories, gardens, and farmland.
Once you have these, you can use them to do business or for production.
When it comes time to actually develop it, it can be sold or further developed.
Listening to Chen Dong's narration, the three of them couldn't help but exclaim in amazement.
They didn't expect Chen Dong to think so much and see so far ahead. Moreover, all his actions were unexpected yet so logical.
"Yanjing is just our first step in testing the waters. Next, we can replicate this approach in other cities and make it profitable for us."
Jiang Fei raised a question: "Brother Dong, the prospects you mentioned are indeed very good, but how do we determine the specific development route? Where exactly do we want to buy? Also, when should we develop it? If the development is delayed, say ten or twenty years, wouldn't it tie up too much capital and take too long? Wouldn't it be better to use that time for something else?"
Chen Dong looked at Jiang Fei, nodded approvingly, and said, "Your considerations are indeed very reasonable. My solution is this: through various surveys, we can identify cities that are likely to develop subways on a large scale, as well as the possible lines within those cities. In addition, we can contact local officials and ask them to provide some information."
"That's good, this method is quite reliable, it solves the problem of whether or not to build the subway," Ah Long said.
"Secondly, we don't prioritize making money through land acquisition and sales. You might find this hard to understand, so let me put it this way: how long will our current funds last?"
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!