YM778.TV Chapter 20
Chapter 20: Low-Priced Land
Smith thought that George was going crazy.
Although 30,000 yuan per square meter seemed very high, it was 25% lower compared to the current housing prices.
The current housing prices were 40,000 yuan per square meter.
One might think that 10,000 yuan per square meter was nothing.
However, there was actually a huge difference.
Imagine if there were 20 floors and the price difference was 10,000 yuan per square meter.
Based on those calculations, they would be earning 150 to 200 million yuan less.
If a building had ten floors, the difference would amount to billions.
Although the land was cheap, it was not free.
Even if they bought the land at a lower price, it would only be a few hundred million lesser, one billion at most.
George would not be able to call the shots if it was any higher. After all, it was commercial land.
If he bought a cheaper land, he would still lose out on roughly 20 billion when he sold the houses.
Even a fool would not choose a low-priced land.
Of course, the other developers would have no other choice.
However, it was completely different for Smith. For him, the cost of building houses was really low, and the speed was also fast.
If there was land available for him to build the houses, even if it was 30,000 yuan per square meter, he would not earn lesser than the developers. Instead, he would make more money than them.
However, there was still a problem. If the problem was not solved, Smith would not do it.
“George, can you handle it?” Smith asked directly.
The question was whether George could handle it.
If he could handle it, then Smith could start working immediately.
So what if he challenged the entire real estate industry?
As Smith had a system, even if all the real estate developers worked together, they might not necessarily be a match for Smith.
This was because they did not have the help of the system.
As such, they could only develop it slowly.
Although making money was important, it was also important for them to live their lives.
Unless the system upgrade could allow him to upgrade the Xiamen tungsten, he would not proceed with the project.
George did not know how to respond to Smith.
It was the first time someone spoke to him in that manner.
Plus, he said it directly to his face.
He thought of his ambitions and ideals. He also remembered what his second uncle had said to him.
George smiled and said, “Believe me, there’s no mistake. My family is more powerful than you think.”
Smith felt relieved after hearing George reassure him.
“Then, there’s no problem,” said Smith since the other party could be his umbrella and help him when he needed them.
As he was working with the government, he had the protection of high-ranking officials.
Therefore, he would not have any issues when developing the land.
George then told Smith his idea.
He wanted to know if Smith could do it.
If they wanted to suppress housing prices, they could not develop one neighborhood at a time.
That would be meaningless.
Even if the houses were sold at 31,000 yuan per square meter, there would be too few houses to suppress the housing prices.
After all, they lived in a big city. Houses were in demand there.
Every year, many people would go to the city.
This caused housing prices to increase.
Therefore, it was necessary to develop a sufficient number of houses.
After that, they can then cooperate to achieve their plan of suppressing housing prices.
The two of them chatted the whole morning. They then went to the cafeteria for lunch.
A lot of people saw Smith in the city. He was easily recognized by everyone.
No one dared to offend him.
George took Smith to the cafeteria for lunch. They sat in the middle of the hall.
It was obvious why George did that.
George wanted everyone to know that Smith was working for him.
He wanted everyone to remember him clearly.
After lunch, Smith left the government building.
A week passed by in the blink of an eye.
Although George wanted to implement the project as soon as possible, he could not do everything by himself.
He still needed to have a meeting.
Smith was not in a hurry. He would not die of hunger anytime soon.
It certainly did not matter if he took a few days off.
Whilst George was trying to discuss the housing problem, Smith played games every day.
The transfer housing complex was almost done.
The transfer housing complex was not a commercial property. They needed to demolish it before they could rebuild it.
After the transfer housing complex was constructed, it did not need to be sold.
This was because the houses had already been chosen by the respected transferees. The transferees were people who had their houses demolished.
The transferees were able to choose their houses and renovate them.
In a week’s time, most of the transferees had already chosen their respective houses.
Some of them who were anxious had found a renovation company to help with the renovation.
Henry was one of the individuals who had his house demolished.
He was looking for bricklayers and electricians from the labor office to help him with the renovation.
He was preparing for the renovation.
The first thing that needed to be done was to connect the water and electricity supply. If he did not do the wiring properly, he will not be able to lay the tiles.
The reason why Henry chose not to look for a renovation company was because the price of the renovation company was too high.
It was also cheaper to find people individually and renovate the property himself.
It was a little troublesome.
However, he was not afraid of a little trouble so long as he could save money.
“This is the route map. As long as you arrange the lines according to what I have here, it will be fine,” said Henry to the electrician and bricklayer.
Henry showed them the design blueprint that he got from someone else.
The blueprint was very simple, and it was not difficult to arrange the lines. The two workers understood it easily at a glance.
“Okay, then I’ll start working. Let’s smash the wall first,” said the bricklayer.
“Okay, then let’s start,” said Henry whilst nodding.
“Let’s talk about your walls first. The two walls over there are load-bearing walls. They should be 1.5 meters long. Those on the other side are not load-bearing walls, they should be 1.35 meters long.”
The bricklayer held the pickaxe in his hand. He explained the price to Henry before he started the renovation.
“I understand. I understand the price. Money is not a problem, but you must do a good job and not smash it crooked. Otherwise, I won’t pay you.”
Henry nodded. The price was indeed not expensive. He already understood it.
“Boss, don’t worry. I’ve been in this line of work for 20 years. Even if I close my eyes, I can still make a straight line.”
The bricklayer picked up his pickaxe and began to smash the cement wall.
“Boom, boom, boom!”
As the smashing continued, the bricklayer began to understand.
Five minutes later, the pickaxe became blunt. The bricklayer was very surprised.
“Is this pickaxe of yours broken?” asked Henry. Henry did not understand what was going on.
“How dare he sell me defective goods? I’ll go back to look for him. Anyway, I still have another pickaxe. I can try using that instead.”
The bricklayer swapped his old pickaxe for a new one.