Chapter 209 Warehouse Auction



"Brother Yang, I wonder if you have ever watched an American TV series in the country?"

"American TV series?" Yang Jing shook his head. "I'm not that interested in American TV series. I've only watched two seasons of Prison Break and a few episodes of Agents of S.H.I.E.L.D., but they weren't very interesting, so I didn't continue."

"Hey, Brother Yang, if you like watching American TV series, you will know that there are actually many things in American TV series that contain some business opportunities. For example, "Warehouse Treasure Hunters" broadcasted by the American Discovery Channel is a very interesting real-life American TV series. It was because of this show that I started to be a treasure hunter in my spare time. Hehe, to be honest with you, I make a lot of extra money in the industry of treasure hunter in my spare time. If Uncle Zhao hadn't always valued me and wanted to train me as his successor, I really wanted to be a treasure hunter professionally."

Yang Jing brought the tea to Lin Dan and said with a smile: "Then tell me what kind of industry this treasure hunter is in."

Seeing Yang Jing's interest, Lin Dan said, "Brother Yang, this is your first time in the United States. I guess you don't know much about American warehousing culture, right?"

Yang Jing shrugged and said, "I definitely don't understand."

"Brother Yang, in fact, warehousing culture is a major feature of the United States. The warehousing industry in the United States is very developed. Because Americans like to travel and like to go around, they like to rent a small warehouse as a temporary storage place when they go out. But when these people finish traveling, they either feel that the things stored in the warehouse are not valuable, or simply forget that they rented a warehouse to store things, so they just leave. When the warehouse lease period expires, because these warehouses are not interested, they will be taken back by the warehousing company and then auctioned at a later date."

Yang Jing nodded. He had heard of this.

"Similarly, the United States has very strict "Garbage Disposal Laws", so it is also a headache for ordinary people to deal with garbage. At this time, many Americans, in order to avoid paying the high garbage disposal fees, often rent a warehouse from a storage company and put their own garbage and unused items in it. When the lease period expires, if the storage company does not continue to pay the fees, the warehouse will be confiscated by the storage company and then auctioned off."

"It is precisely because there are a large number of unmanned warehouses in the United States that about 10,000 unmanned warehouses are auctioned off every day. This is the reason for the prosperity of American warehousing culture."

Yang Jing shook his head in disbelief and said, "Brother, you just said that many Americans rent warehouses just to dispose of unwanted garbage. What value do such warehouses have in auctioning? Besides, even if they are forgotten warehouses, won't those storage companies take them back and take a look at them first? Pick out the valuable things, and then you can auction them. What valuable things can you get?"

Lin Dan smiled and said, "Brother Yang, don't forget that the United States has a Privacy Act. This law stipulates that even if the storage company takes back those private warehouses, you cannot enter the warehouses at will, and the storage culture in the United States does not allow storage companies to do so. Because once the storage companies do this, we treasure hunters will never be able to shoot any good warehouses. After a long time, no one will participate in storage auctions. How will the storage companies deal with those private warehouses? Apart from other things, the garbage stored in the warehouses is enough to give the storage companies a headache."

"So, except for a very small number of storage company staff who have no professional ethics and would try to skirt the rules by entering private warehouses under the guise of maintaining the warehouses, and then selling the information inside to treasure hunters to earn extra money, most storage companies strictly prohibit their staff from entering private warehouses that are about to be auctioned without permission."

Lin Dan shrugged his shoulders and said as if he remembered something: "Of course, there is no way to talk about those storage companies controlled by gangs. Those storage companies controlled by gangs are often used by gangs to launder money. Gangs can launder money through this form of storage auctions. However, such storage companies are extremely rare, especially large-scale storage companies. It is even more unlikely that such staff will enter the warehouse in advance without authorization or be controlled by gangs. Therefore, most storage auctions in the United States are still very formal."

After Lin Dan said this, Yang Jing understood a little. "Xiao Lin, what you mean is that this kind of formal warehouse auction is actually a process of picking up bargains, right? It's just that whoever has better eyesight and better luck can bid for a better warehouse?"

"Well, Brother Yang, you are right to think so. Many treasure hunters rely on this to make a living or even make a fortune."

After a pause, Lin Dan continued, "In fact, not only in the United States, but also in many European countries, the warehousing culture is also quite developed. Two years ago, I saw a piece of news that a retired Portuguese used his pension to buy a warehouse in Portugal. This warehouse has been empty for fifteen years. Even the former owner and his wife are no longer alive, and there are no heirs. The door and windows of the warehouse have been welded shut. Even if the locals want to open this warehouse, they need to spend a certain amount of money. As a result, no one has touched this warehouse for fifteen years. In desperation, the local government auctioned it off."

"As a result, the Portuguese bought the warehouse. He originally planned to renovate it for his own use. But when he opened the warehouse, he was pleasantly surprised by what was inside."

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