Chapter 437 Purchase of Land
The fact was indeed as Lin Siqiao guessed. After Ambassador Liao had introduced them to her one by one, the other ambassadors could not wait to push the contracts over.
Ambassador Liao had already gone through the terms of the contract in advance, but he still said with a smile.
"Xiao Lin, please see if there is anything else you need to add."
Lin Siqiao didn't hesitate and started to look through it carefully.
While flipping through the documents, she also asked a few questions that concerned her.
The first is the contract term, and Lin Siqiao also gave his own explanation about this.
There are long-term and short-term ways to play the stock market. She needs to understand the specific situation in order to better allocate the funds.
The ambassadors nodded and expressed their understanding.
In fact, Ambassador Liao had already discussed this matter with them a week ago. Of course, he was not polite in his words, saying that they were just waiting for the rice to cook, so they should not get involved this time.
It's unacceptable that people just invested their money in the stock market and then you want to withdraw the funds. Isn't that just causing trouble for them?
Therefore, the money raised by the ambassadors this time will not be used in the next three to five years.
After hearing this, Lin Siqiao had an idea in her mind. Three to five years was a period that she was relatively satisfied with. If that was the case, then she could invest in more than just stocks.
Thinking about this, Lin Siqiao said, "There is nothing wrong with the contract, but we need to add one more clause at the end. The investment methods include but are not limited to stocks, futures, gold, land, etc."
"Please rest assured, I know this money is hard-earned, and I also know that I have a heavy responsibility, so I will be very careful before investing."
In addition, considering the actual situation of the embassy, Lin Siqiao added another sentence.
"If the profits are good, a portion of the profits will be used as dividends at the end of each year."
Having said everything that needed to be said, she left the choice to everyone.
But Lin Siqiao underestimated her own ability to appeal. As soon as she finished speaking, the ambassadors opened the contract and added all the words she had just said.
The contract has been signed, but the check cannot be received for the time being. After all, there are more than a dozen countries and too many types of currencies involved. It is not easy to exchange them into pounds and US dollars in a short period of time.
Lin Siqiao was not in a hurry about this. After returning home, she spent a few days working out an investment plan.
In terms of investment return rate and risk rate, stocks have the highest return rate, while gold futures are the safest investment.
Lin Siqiao calculated that the current global gold price is around US$130 per ounce. (g of gold in one ounce)
By 1980, the price of gold was about US$850 per ounce, which means that if she just bought it now and did nothing else, her profit would increase sixfold in five years.
But Lin Siqiao felt that she seemed to be floating, she actually looked down upon the six times profit.
Eventually, she set her sights on stocks and land. She wouldn't say she knew all the ins and outs of stocks, but at least she wouldn't suffer any losses.
She still needs to learn more about the land.
With a plan in mind, Lin Siqiao called Uncle Qiu. She had heard Uncle Qiu mention last time that his good friend Mr. Jin owned several real estate companies.
So she wanted to ask Uncle Qiu to help make the connection.
Father Qiu knew that Lin Siqiao had previously bought three islands in Hawaii. When he learned that she wanted to find a more reliable real estate consultant, he immediately said that he would take care of the matter.
After hanging up the phone, Mr. Qiu contacted his old friend, Mr. Jin, who was efficient and got the matter done that same day.
The person he recommended to Lin Siqiao was the most experienced real estate consultant in their company, an overseas Chinese named Li.
Hearing Mr. Jin praising this man on the phone, Lin Siqiao knew that she had found the right person this time.
When he had almost finished talking, Mr. Jin handed the phone to the man next to him.
The other party came up and introduced himself first, "Hello, Miss Lin, I am your property consultant Li Jiachen."
Although he knew that this Chen was not Bi Cheng, Lin Siqiao was still stunned by the other party's standard Cantonese accent and the well-known name.
"Ms. Lin? Are you listening?"
"Sorry, just now... the signal was a bit bad." After the embarrassment, Lin Siqiao quickly turned the subject to the main topic.
"It's okay, you say." Li Jiachen said as he took out his notebook.
"Ms. Lin, are you saying that in addition to the land near Beverly Hills, you are also interested in the land in Long Island and the Upper East Side of New York?"
"Yes."
The areas that Lin Siqiao just mentioned are some of the top wealthy areas in the country. As early as the 1950s, many private villas had been developed in this area.
But after a pause, Li Jiachen hesitated and said, "Ms. Lin, the land in these places is not cheap, and... you are Chinese. Just based on this point, it will be difficult for you to obtain the development rights of these lands."
This is no longer a question of whether the money is available.
"I know."
Lin Siqiao was not surprised at all, and even his voice did not fluctuate.
Do you think discrimination is just verbal? No! The real discrimination is actually the rejection in our bones.
Otherwise, there wouldn’t be so many people abroad in the future who would boycott Asians from moving into their communities.
But the situation is different now.
You should know that in the past few years of the economic crisis, the capital in the hands of the rich has shrunk by more than 40%.
Lin Siqiao is not sure whether they have the money to develop the land, but global housing prices are falling. Who will they sell the houses to if they build them now?
But if they are not developed, these lands will remain in their hands and cannot be converted into cash.
Their current situation can be described in one word: caught between a rock and a hard place. Do you think they can stand up if someone is willing to take over their land at this time?
Of course, Lin Siqiao couldn’t say these words directly, she just said them with a calm attitude.
"It doesn't matter. Just ask around. If they're willing to sell, then they can sell. If they're not willing, then forget it."
"By the way, can you help me find some wasteland or farms suitable for planting?"
Lin Siqiao checked after he went back last time and found out that the country's land tax reform will officially begin in March next year. Once the news is announced, the prices of these lands will also rise.
She needs to buy more while the land price is cheap now.
Li Jiachen was very quick and called me a week later.
On the phone, he reported all the information he had collected to Lin Siqiao.
"Ms. Lin, there is a piece of land near Beverly Hills. The seller is interested in selling it, but he only accepts interviews."
"There are two private plots of land in New York City. The other party has quoted a price. The total price of the two plots of land is 7.6 million US dollars. I have confirmed this price and we can still negotiate."
"Also, I heard that there are two public land auctions in California next month, and there are two plots of land that you like."
Lin Siqiao nodded repeatedly after hearing this. It seemed that the money spent on hiring a consultant was not wasted.
At this time, Li Jiachen reported several farms and wasteland for sale. The prices were relatively affordable. As he was talking, there was a clanging sound suddenly from the phone.
It seemed as if something had fallen to the ground.
Li Jiachen was just about to ask what was wrong when he heard Lin Siqiao's slightly flustered voice.
"You... the wasteland you just mentioned, is it the one in Wolfcamp, Texas?"
"Yes, that's right." Li Jiachen took a look at the information in his hand.
"This piece of wasteland is close to the desert, with a total area of about 10,000 acres. The Texas government has listed it for sale for four years and has never sold it. The current asking price is 1.2 million US dollars."
Based on Li Jiachen's many years of experience in real estate, the maximum price of this piece of wasteland is US$1 million, and it is not impossible to bargain for it down to US$900,000.
But there are too many wasteland countries like this now, so his suggestion is unnecessary.
But before he could speak, Lin Siqiao had already made his decision.
"Advisor Li, I'm very interested in the pieces of land you mentioned. Could you please help me contact their person in charge? I will personally fly to the country this Friday night."
Next Monday and Tuesday are China’s New Year’s Eve and Spring Festival, and the school sent out the notice long ago.
We have two days off, plus Saturday and Sunday, a total of four days.
She leaves on Friday night, so she should make it in time.
In short, Lin Siqiao will crawl through this wasteland and take it even if he has to!
After hesitating for a moment, the other side replied with "OK".
Even after hanging up the phone, Lin Siqiao's hands were still shaking. How could she not? When she heard about the piece of land just now, her heart almost jumped out of her throat.
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