"Dad, you have to believe in Lin Huowang. I think he is so powerful that he doesn't seem like someone from our time.
All his ideas are so firm and correct.
He told me that Japan's economy was beginning to take off rapidly, and as Tokyo was the most prosperous region in the whole of Japan, housing prices in Tokyo were bound to usher in a huge period of rapid growth.
So, can our own Chuo Industries Co., Ltd. also start to enter the real estate industry?
It just so happened that my father made a lot of money from soybean futures with Lin Huowangjun. Fifty million US dollars was enough to develop a large piece of land in Tokyo.
Moreover...Lin Huowang also taught me a very good method..."
Kobayashi Keiko told her father Lin Tongchun all the things she had learned from the phone calls with Lin Huowang over the past two days, saying, "Because the real estate industry in Japan is now on a spiral upward trend.
Therefore, we can leverage more funds and resources with the 50 million US dollars in our hands.
For example, use 50 million US dollars to purchase several pieces of land in the core area.
Then use these lands to obtain bank loans for initial construction.
After laying a solid foundation, you can start a lot of publicity to create a third-generation residential model, use it as a publicity gimmick and concept, sell pre-sale properties and future properties, and recover funds.
In this way, we got our money back and continued to buy land. After buying the land, we mortgaged it to the bank for loan, started construction, and sold the pre-sale property when the construction was almost done..."
Wow!
When Lin Tongchun heard this, he was immediately shocked by his daughter's words.
He never expected that real estate development, which was clearly an industrial business, would actually involve extremely terrifying financial leverage operations.
“If we operate this way, Huizi, then… we only need a sum of start-up capital to get the land.
The cycle can continue indefinitely, with continuous bank loans, continuous construction, continuous acquisition of land, and continuous expansion of scale. The benefits will be terrifying.”
Lin Tongchun's eyes were a little blurry, and he quickly calculated in his mind.
Because Japan is now encouraging the development of various industries and the economic prosperity, bank loan interest rates are very low.
Especially for those in the manufacturing industry, it is very easy to get loans without any collateral and relying purely on the company's goodwill.
Not to mention, in the model suggested by Lin Huowang and relayed by Keiko Kobayashi, each mortgage was based on real land and real estate projects.
This type of mortgage loan is many times more reliable than those conceptual loans from shell companies, and it is a type of loan that banks strongly support and like.
"Yes! Dad, when I first heard Lin Huowang introduce this real estate development model, I was also stunned.
I really didn't expect that Lin Huowang, who had never been to Japan, was so proficient in this real estate development and loan model, and he saw the points that could be used at a glance, and continued to replicate and expand the scale. "
Keiko Kobayashi also said this with great admiration.
After thinking it over carefully, Lin Tongchun nodded heavily and said, "This model may not have been feasible in the past to expand the scale of real estate.
Because Japanese citizens were not rich before, not many people had money to buy houses.
Most people are used to living in old one-family houses, and their income is simply not enough to support the high housing loans.
But now it is different. Japan's economy is on the rise and the young generation after the war has just grown up.
This is a good era! As soon as Japanese college students graduate, many companies rush to their schools with money to recruit talents.
On the contrary, there are not enough houses in Tokyo now, and it is really not easy to buy a house that is close to work and has good living conditions. "
Glancing at the staff working outside, Lin Tongchun said with a smile: "As for the staff in our company, I have been listening to them talking and complaining for the past two years. They spend too much time on the road taking the tram to the company every day.
If I rent a house near the company, the rent is too high, and the houses I can buy are all old, some don’t even have air conditioners, and there is no space to install them.
If we buy a piece of land near our company and develop real estate, it will definitely attract these young people to buy it.”
"Yes! Dad, there is another core mode that Lin Huowang asked me to tell you.
Our Chuo Corporation's core business is department stores, so we might as well upgrade the department stores further."
Kobayashi Keiko smiled again and said that the plans and concepts that Lin Huowang mentioned were a bit too advanced for her.
Therefore, when she told her father everything, she had to take it step by step, and only throw out the next one immediately after her father accepted the previous concept and idea.
"Hmm? Lin Huowang has any suggestions? Upgrade? How else can the department store be upgraded?
The department store of our Chuo Corporation can be considered to be relatively luxurious and modern in the whole of Japan.
Didn’t you go to the United States for an investigation with me a few years ago?
Some of the logistics and supply chain management methods we are currently introducing are learned from some leading department store companies in the United States.
The effect is very good, reducing logistics losses and time delays, lowering the overall purchase price, and increasing capital turnover efficiency. "
Lin Tongchun became confused again. After all, from his point of view, the department store model of Central Industrial Corporation was already considered the most advanced model in the world. What other tricks could Lin Huowang have to improve it?
Could it be that Lin Huowang’s improved model is more advanced than that of the Americans?
"Commercial Plaza!"
Keiko Kobayashi proposed a new concept, then took out a piece of white paper and drew a picture on it, saying, "Dad! Traditional department stores are very simple, with one floor after another, and the goods they sell are all negotiated and purchased by ourselves.
But what if we turn the three-dimensional department store into a circular commercial plaza like this?
Please look! The two underground floors of the square are parking lots, the first floor is jewelry and watches and some fast and convenient restaurants, the second floor is clothing and supermarkets, the third floor continues to put some clothing brands and children's play area, and the fourth floor is high-end restaurants and cinemas..."
Wow!
It’s incredible!
When Kobayashi Keiko drew a schematic diagram of the commercial plaza and explained it in detail layer by layer, Lin Tongchun was completely shocked.
"This, this, this... How did Lin Huowang come up with this kind of commercial plaza?
If there really is such a commercial plaza in Tokyo, it will definitely attract a lot of people to visit.
Look, with this scale, there are dozens of clothing stores and dozens of restaurants in one square.
You can play with your children, shop in the supermarket, and watch the latest movies in the cinema.
It can be said that all the business needs of any family or individual can be met in a commercial plaza like ours."
…
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