Chapter 618 Uncle Lin
Li Guangfu was born to be a businessman.
It's not that this person can flatter, but that he can be soft when necessary and hard when necessary. He is good at calculating, but also humane.
The names of the Three Lis of Yanjing have been around for more than a year. Li Chengru is particularly famous throughout the city and drives a Mercedes-Benz whenever he goes out. Li Guangfu is not inferior to Li Chengru in terms of wealth, but he always drives his Daihatsu and still does many things by himself.
Most of the bosses who made their fortunes in the 1980s, 1990s and 2000s did not survive until 2,000 years later, and those who could live to the time before Lin Weimin traveled through time were even rarer.
Why?
To put it bluntly, he is a pig in the wind, who has come out with a spirit of adventure, but his vision and skills are not enough to match his wealth. In addition, he is very arrogant, so he will be reduced to his original state immediately when he encounters a little setback.
Li Guangfu is now worth at least tens of millions, but he remains so low-key, which shows that he has an extraordinary character.
After clinking glasses of wine, Li Guangfu asked again: "Teacher Lin, what do you think of the current real estate market?"
Lin Weimin looked surprised. "I'm a publisher. Asking me this kind of question is like asking a blind man."
Li Guangfu said, "Although you are not in this business, you have a great vision. I know so many business owners, but there are few people as insightful as you."
"Don't flatter me."
"How can this be flattery? I am speaking from the heart."
The two exchanged a few words, with Li Guangfu sincerely seeking advice, and Lin Weimin reluctantly said, "I am indeed a layman in these things. But if you insist on me speaking, I can only briefly tell you what I can see."
Li Guangfu's eyes lit up and he put on an attitude of listening attentively.
"In the past two years, housing prices in major cities across the country have risen to varying degrees, with some cities even seeing increases of more than 50%. A big reason for this is the real estate boom in Hainan. Hainan's massive construction in the past two years has driven the markets in Guangxi and Guangdong provinces, and then indirectly driven the markets in other cities across the country.
I have heard about the current situation in Hainan. Last year, Hainan's fixed asset investment was less than 9 billion, but real estate investment accounted for half of it. In the middle of last year, the housing prices there had already reached 1,500 yuan per square meter, and by the end of the year, it had reached 2,500 yuan per square meter.
This phenomenon is extremely abnormal. When residents' income has not increased significantly, housing prices have risen sharply. There must be a large amount of bubble here.
Take Hainan alone, where the average annual income is less than 2,000 yuan, but the housing price is as high as 2,500 yuan per square meter, and the price is still rising at a crazy rate. In other words, the average resident’s annual salary is not enough to buy a square meter of housing.
Hearing this, Li Guangfu's expression became serious.
"You asked me what I think of the real estate market. I think we can't generalize it. We still have to talk about it separately. If we only talk about Hainan and the surrounding provinces and cities affected by Hainan, I think there are a lot of bubbles in their real estate markets.
If we look at the whole country, housing prices in most areas are only affected by the marginal effect of Hainan's real estate boom, and there is a small amount of bubble."
After listening to Lin Weimin's analysis, Li Guangfu pondered for a moment, then said to him: "To be honest, a few friends have recently urged me to go to Hainan to acquire land for real estate development. Just as you said, Hainan's housing prices have risen to an extreme level, and land prices are also rising wildly. In fact, most developers are not really engaged in real estate, and everyone is selling pre-sale properties, which is a bit like... like..."
"Pass the flower!"
Li Guangfu clapped his hands, "Yes, it's the game of passing the parcel. With just one transfer, you can earn tens, hundreds or even millions of dollars, that's why so many people are flocking to it."
Lin Weimin nodded slightly and said, "We should have all heard of similar things in Hainan."
Before Li Guangfu could speak, Zheng Guo rushed to say, "Changchun Clivia."
In 1978, a Clivia trading market appeared in Changchun. Subsequently, due to speculation by some people, the price of Clivia continued to rise, attracting a large number of speculators to enter the market. The market price of a pot of precious Clivia could reach 100,000 yuan.
Some people even called Clivia green gold bars. It was not until 1985 that the government, after unsuccessful attempts at persuasion, finally took administrative measures to curb the extremely high prices of the flowers. Clivia depreciated by 99% overnight and finally returned to normal prices.
But because of this, many speculators lost their fortunes.
"Not only Clivia, but also Dutch tulips." Liu Haiyan also said.
The tulip bubble in the Netherlands is recorded in history books and textbooks both at home and abroad and is well known to everyone.
"Is it the same with real estate in Nihong?"
In the past year of 1991, China's real estate market experienced a major plunge, and countless real estate speculators lost their fortunes.
Lin Weimin then said: "Once the market is overheated, it is not the supply and demand relationship that determines the price and market trend, but the vast majority of speculators, until the moment the bubble bursts."
When Li Guangfu thought of these real examples, he couldn't help feeling a little scared.
"We can all see it clearly. The real estate developers in Hainan shouldn't be unable to understand this, right?" Qu Xiaowei asked.
"Of course they all see it clearly, but they are blinded by greed," said Lin Weimin.
Everyone listened to his words and nodded.
Who can resist the temptation of making hundreds of thousands or millions overnight?
Everyone thinks that they are the one who can make money, and no one thinks that the real estate bubble will burst here.
Li Guangfu said to Lin Weimin: "After listening to your words, I was enlightened. I can't wade into this muddy water."
"It's not that you can't do real estate, but you can't do it with a speculative mentality. Although this industry has financial attributes, it is ultimately a real industry. Otherwise, problems will arise sooner or later."
Li Guangfu nodded, "You are right."
Liu Haiyan pulled Qu Xiaowei and said, "Listen, listen, is it really that easy to do business?"
"I just opened a restaurant, not engaged in speculation!"
The housewarming party ended with everyone chatting. Everyone finished their meal and helped clean up before leaving.
Lin Weimin returned home and after dinner, someone knocked on the gate.
Sister Sun went to open the door, and it was Wang Shuo with Chen Xujia and their daughter.
After Chen Xujia came in, he pulled Tao Huimin to chat, asking about her current situation with concern.
Wang Shuo returned the briefcase in his hand to Lin Weimin. Lin Weimin took the briefcase and said teasingly, "Great, you still know how to return something you borrowed?"
On New Year's Day, Wang Shuo made an excuse to make a bet with Jiang Wen and borrowed his set of "Newly Printed Jin Ping Mei Cihua". He said he would return it in half a month, but after half a month, there was no movement.
Lin Weimin called to ask, and Wang Shuo said that he would send it back in a few days. As a result, it was delayed for more than a month.
"I'm just trying to find something new. Look at how stingy you are. They say the richer you are, the more stingy you are!"
"You're right!"
The two exchanged a few insults, and Wang Shuo took out a cassette from his pocket.
"My friend, I read your book for nothing. Have you seen it? I just released an album that uses all the singers. I'm giving you the first copy."
Lin Weimin looked disdainful and said, "Look at the design of this thing you made. It's so tacky."
Wang Shuo didn't care about his sarcasm. He took out the tape recorder that had not been used for a long time from Lin Weimin's house and played his album for everyone.
In recent years, Wang Shuo has become very popular in China, and even more so in the Yanjing cultural circle. He has met many people in the cultural circle, including those who make movies, TV series, and singers...
Last year, Wang Shuo was hanging out with a bunch of musicians when he suddenly had an idea to make an album, letting others compose the music and he would write the lyrics.
The composers Wang Shuo found are all first-line composers who have been active in the music scene in recent years, such as San Bao and Dong Xingdong.
The singers who sang for him were also very famous, including Na Ying, Han Lei, Teng Geer, and Zhu Hua.
All the songs are named after his novels, even the album name is from his novel, "It's All About Heartbeat".
Now that the album is finally out, he can't wait to show it off to Lin Weimin.
Music came from the tape recorder, in a typical 1990s arrangement style.
"I'm on my way back
I turned my back to the future and asked where I was going
There is nothing in this world worth taking seriously
..."
To be honest, although Wang Shuo's album is just for fun, the quality is still good.
The only pity is that the melody of the song is not very catchy, and it is still a bit lacking in popularity.
While listening to music, Wang Shuo boasted to Lin Weimin about the greatness of his album.
Lin Weimin is not involved in the music industry, so he listens with one ear and ignores what he says with the other.
When Wang Shuo had finished showing off, he asked Lin Weimin, "Are you free next weekend?"
"What's up?"
"Let's get together. We haven't gotten together in such a long time. I've found a place. Let's go to Kunlun Hotel. Haiyan is well-known there. Let him sign the bill!"
Wang Shuo said this with a cunning smile on his face.
"Okay, I'll come over then."
After having dinner at Lin Weimin’s home, Wang Shuo left with his wife and daughter.
The next day at work, Lin Weimin had just finished a meeting when he ran into someone from the editor-in-chief's office in the corridor and told him that someone was looking for him.
"He said it was your classmate's son, named Huang Jianan."
Lin Weimin was in a trance when he heard this, and memories of his time at the Institute of Literature many years ago came to his mind.
He walked into the editor-in-chief's office, glanced around, and saw a thin young man with sharp eyes.
"Huang's man."
Huang Jianan raised his head and recognized Lin Weimin at a glance, "Hello, Uncle Lin!"
Forehead……
The two men were not much different in age, and being called uncle caught him off guard. Lin Weimin responded hesitantly.
Lin Weimin led Huang Jianan into his office and poured him a cup of tea.
"Are you on a business trip to Yanjing this time?"
"yes."
"How is your dad now? He seems to be in good health."
"It's OK. I don't have any serious illnesses, but I have a lot of minor ones. They are all injuries I suffered when I was young."
(End of this chapter)
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