Chapter 1059 His name is Lu Wenjie
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Feng Liu Xiao Er
"In the past two years, a company called Lutong Real Estate suddenly appeared in the Dongyang real estate circle. In the past two years, this company has been occupying land in Dongyang City and has become very prosperous."
"This company is registered in Zhongjiang. It has participated in some real estate projects in Zhongjiang before, but it has always been tepid and its performance was not very good. Then it suddenly came to Dongyang and developed very rapidly in Dongyang." Xiao Jian'an Said.
"Lutong Real Estate?" Qin Feng muttered the name and felt it sounded familiar, but he didn't have much impression. He didn't know much about the real estate industry, so he asked, "Is there any problem?"
Qin Feng was a little confused. If he was talking about Zhou Qiming's son-in-law, he must be referring to Qin Feng, but Xiao Jian'an suddenly mentioned such a real estate company again, but he didn't have much impression of this company.
"Don't be anxious, just listen to me slowly first." Xiao Jian'an saw that Qin Feng was a little anxious, so he comforted Qin Feng, and then continued: "This company itself is not very powerful. It can almost be said that it is the strongest company in Dongyang." He started his career by relying on nothing but a white wolf with nothing, so you should also know how to be a white wolf with nothing."
"Collusion between government and businessmen, exploiting loopholes in government policies, and operating behind closed doors." Although Qin Feng doesn't know much about the real estate industry, he has also worked in the Shannan Economic Development Zone for a period of time and has a general understanding of these operations, such as the old lock factory. Isn’t that what the earth is like?
"You summed it up very well, that's basically it. After this company initially relied on this method to make money, it has become even more unscrupulous recently. It can be said to be a barbaric development. It has enclosed land everywhere in Dongyang City, and then developed, Sales of properties, mortgage loans, land enclosure, and redevelopment are repeated in this cycle, making the market bigger and bigger." Xiao Jian'an continued.
"I still don't understand what's wrong with this. Aren't all real estate companies today using this model?" Qin Feng asked.
"You are right. All real estate companies basically operate this way, but everyone has a certain limit. Controlling it within this limit can ensure the safety of the capital chain and the smooth handover of the building, and the game will be cyclical. Keep playing. But if it exceeds this level, it is a dangerous game. As long as there is a problem in one link, the whole game will be over. And this company itself started from scratch, with nothing, just relying on Political resources are used here to play capital, and now it is getting bigger and bigger. It has obviously far exceeded the public level in the industry. It is now very dangerous and may collapse at any time.”
"I still don't understand the relationship between this company and Secretary Zhou's son-in-law." Qin Feng asked confused.
"This company has nothing to do with Secretary Zhou's son-in-law, but the boss of this company has something to do with Secretary Zhou's son-in-law." Xiao Jian'an said.
"Who is the boss of this company?"
"My name is Lu Wenjie, do you know him?" Xiao Jianan asked.
"Lu Wenjie?" Qin Feng was surprised when he heard the name and couldn't help but frown.
"Yes, his name is Lu Wenjie. I haven't had much contact with him. We only had dinner together twice. He is a very young man, and he is high-spirited and passionate." Xiao Jianan said with a smile.
Qin Feng remained silent. He seemed to understand something.
"I didn't know much about it at first. I didn't understand how such a young guy could get so much energy. The relationship between Dongyang's municipal government and business circles was so tight. He could easily get a lot of land that I couldn't get. Even if we can't get a loan, he can get it, and all supervision is basically just a decoration for him."
"I have been in the Dongyang circle for so many years, but I have never heard of a big shot named Lu. It was not until recently that I knew the background of this man named Lu. People in the circle say that he is Secretary Zhou's son-in-law." After Xiao Jianan finished speaking, he looked at Qin Feng.
Qin Feng frowned again, his face turned cold, and asked Xiao Jianan: "Did he say that himself or was it passed on by others?"
"Is there any difference?" Xiao Jianan asked with a smile.
Qin Feng was dumbfounded, then smiled. His question was indeed a bit naive. Since others were saying that Lu Wenjie was Zhou Qiming's son-in-law, then it was Lu Wenjie who said this. At least he deliberately let others think so. .
"Things that I couldn't figure out before were all figured out after I found out that he was Secretary Zhou's son-in-law. I just figured it out, but I also felt a little panicked."
"Why?" Qin Feng asked.
"Why? I said it at the beginning. To put it nicely, his development model is called enterprising and pioneering spirit. To put it worst, it is looking for death. And it is already very dangerous now. The capital chain is broken. Thunderstorms are a matter of time."
"I have a general understanding that he has developed six real estate projects in Dongyang. According to the records that can be found, his initial investment was less than 1000 million. This is his entire net worth. And his company account is basically empty.”
"And these six properties are all under construction and for sale. He is now relying on acquiring new land for development, using the advance payment from home buyers and mortgaging the developed properties to bank loans to fill the hole in the previous property. , the hole is getting bigger and bigger, he has to take more land to fill it, and if he takes more land, he needs to develop more real estate to get funds to fill the next hole. This is a bottomless pit, he It’s on the verge of a thunderstorm, and there won’t be that much land for him to develop, and there won’t be that many policy loopholes for him.”
"This company is registered in Zhongjiang. It has participated in some real estate projects in Zhongjiang before, but it has always been tepid and its performance was not very good. Then it suddenly came to Dongyang and developed very rapidly in Dongyang." Xiao Jian'an Said.
"Lutong Real Estate?" Qin Feng muttered the name and felt it sounded familiar, but he didn't have much impression. He didn't know much about the real estate industry, so he asked, "Is there any problem?"
Qin Feng was a little confused. If he was talking about Zhou Qiming's son-in-law, he must be referring to Qin Feng, but Xiao Jian'an suddenly mentioned such a real estate company again, but he didn't have much impression of this company.
"Don't be anxious, just listen to me slowly first." Xiao Jian'an saw that Qin Feng was a little anxious, so he comforted Qin Feng, and then continued: "This company itself is not very powerful. It can almost be said that it is the strongest company in Dongyang." He started his career by relying on nothing but a white wolf with nothing, so you should also know how to be a white wolf with nothing."
"Collusion between government and businessmen, exploiting loopholes in government policies, and operating behind closed doors." Although Qin Feng doesn't know much about the real estate industry, he has also worked in the Shannan Economic Development Zone for a period of time and has a general understanding of these operations, such as the old lock factory. Isn’t that what the earth is like?
"You summed it up very well, that's basically it. After this company initially relied on this method to make money, it has become even more unscrupulous recently. It can be said to be a barbaric development. It has enclosed land everywhere in Dongyang City, and then developed, Sales of properties, mortgage loans, land enclosure, and redevelopment are repeated in this cycle, making the market bigger and bigger." Xiao Jian'an continued.
"I still don't understand what's wrong with this. Aren't all real estate companies today using this model?" Qin Feng asked.
"You are right. All real estate companies basically operate this way, but everyone has a certain limit. Controlling it within this limit can ensure the safety of the capital chain and the smooth handover of the building, and the game will be cyclical. Keep playing. But if it exceeds this level, it is a dangerous game. As long as there is a problem in one link, the whole game will be over. And this company itself started from scratch, with nothing, just relying on Political resources are used here to play capital, and now it is getting bigger and bigger. It has obviously far exceeded the public level in the industry. It is now very dangerous and may collapse at any time.”
"I still don't understand the relationship between this company and Secretary Zhou's son-in-law." Qin Feng asked confused.
"This company has nothing to do with Secretary Zhou's son-in-law, but the boss of this company has something to do with Secretary Zhou's son-in-law." Xiao Jian'an said.
"Who is the boss of this company?"
"My name is Lu Wenjie, do you know him?" Xiao Jianan asked.
"Lu Wenjie?" Qin Feng was surprised when he heard the name and couldn't help but frown.
"Yes, his name is Lu Wenjie. I haven't had much contact with him. We only had dinner together twice. He is a very young man, and he is high-spirited and passionate." Xiao Jianan said with a smile.
Qin Feng remained silent. He seemed to understand something.
"I didn't know much about it at first. I didn't understand how such a young guy could get so much energy. The relationship between Dongyang's municipal government and business circles was so tight. He could easily get a lot of land that I couldn't get. Even if we can't get a loan, he can get it, and all supervision is basically just a decoration for him."
"I have been in the Dongyang circle for so many years, but I have never heard of a big shot named Lu. It was not until recently that I knew the background of this man named Lu. People in the circle say that he is Secretary Zhou's son-in-law." After Xiao Jianan finished speaking, he looked at Qin Feng.
Qin Feng frowned again, his face turned cold, and asked Xiao Jianan: "Did he say that himself or was it passed on by others?"
"Is there any difference?" Xiao Jianan asked with a smile.
Qin Feng was dumbfounded, then smiled. His question was indeed a bit naive. Since others were saying that Lu Wenjie was Zhou Qiming's son-in-law, then it was Lu Wenjie who said this. At least he deliberately let others think so. .
"Things that I couldn't figure out before were all figured out after I found out that he was Secretary Zhou's son-in-law. I just figured it out, but I also felt a little panicked."
"Why?" Qin Feng asked.
"Why? I said it at the beginning. To put it nicely, his development model is called enterprising and pioneering spirit. To put it worst, it is looking for death. And it is already very dangerous now. The capital chain is broken. Thunderstorms are a matter of time."
"I have a general understanding that he has developed six real estate projects in Dongyang. According to the records that can be found, his initial investment was less than 1000 million. This is his entire net worth. And his company account is basically empty.”
"And these six properties are all under construction and for sale. He is now relying on acquiring new land for development, using the advance payment from home buyers and mortgaging the developed properties to bank loans to fill the hole in the previous property. , the hole is getting bigger and bigger, he has to take more land to fill it, and if he takes more land, he needs to develop more real estate to get funds to fill the next hole. This is a bottomless pit, he It’s on the verge of a thunderstorm, and there won’t be that much land for him to develop, and there won’t be that many policy loopholes for him.”
