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Text Chapter 1675 Tragic

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    Throughout the ages, facts tell us that enemy fortresses are usually breached from within.

    It was just the next day, when Yang Hua was still thinking hard in the study, he received an angry call from Guan Shantang.

    "Old Yang, it's terrible! Sun Li, that bastard, ran away to Chengdu yesterday, and now all the properties under his name have been put on the market!! More than 8,000 houses! Now the house prices in Chengdu have plummeted.  300 yuan, and it¡¯s still going down!¡±

    "What!?"

    Yang Hua was scared to death. If Sun Li really took the lead in selling, the entire market would have been disrupted, and the persistence of the remaining three of them would be meaningless!

    Originally in a downward channel, people in Chengdu and even people in Sichuan have strong expectations for a decline in real estate prices. Coupled with such panic selling, it is very likely that in a short period of time, housing prices in Chengdu will decline.  He plummeted immediately and could not recover for a long time.

    During this period, houses from Fairy Real Estate continue to enter the market, so at least the houses in Chengdu may not be able to recover within a year.

    A year is too long for speculators like them!

    The price paid for this is really too heavy. Once the capital chain is tightened, or the Fairy Company makes another heavy move, they will not even have any room for recovery!

    So, even after Yang Hua calmed down, he had to admit that Sun Li chose the most appropriate time!

    One person sold more than 8,000 houses, and four people sold more than 30,000 houses.  They are two completely different concepts.

    The first one may cause a short-term decline, but the second one will definitely lead to an endless plunge.  There are no signs of stabilization at all.

    The consequence now is very likely that Sun Li will lose a lot of money, but the next three will probably lose everything!

    "Old man, what should we do?" Guan Shantang's heart was full of anxiety, "I can't contact Hou Mutai. I'm afraid that he will go to Rongcheng to sell the goods like Sun Li!"

    As soon as these words came out, Yang Hua's heart sank even more.

    Hou Mutai is a vicious person.  If you really can't contact him, then nine times out of ten, he has other ideas.

    Since the alliance has been shattered, it is not the time for everyone to advance and retreat together, but the time to protect their own interests!

    Thinking of this, Yang Hua said in a deep voice: "Laoguan, book your flight ticket immediately, we will go to Chengdu as quickly as possible!"

    "Okay!" Guan Shantang agreed quickly: "Are you going to stop them?"

    "What to stop?" Yang Huaneng said angrily: "Let's sell the house too! Now let's see who has better means. The loss will be less!"

    "Ah!?" Guan Shantang became frustrated: "Is everything irreversible?"

    "Of course it's impossible to recover! The moment they chose to betray the alliance, our cooperative relationship disappeared." Yang Hua's answer was very decisive: "The only thing we have to do now is to crawl out of hell. No need to  Don¡¯t worry about other people¡¯s lives anymore!¡±

    "Old man, everything depends on you!" Guan Shantang sighed sadly and said solemnly.

    ¡­¡­

    For the entire population of several million in Chengdu.  This week after the Spring Festival is so wonderful and so enjoyable.

    Mingming Fairy Real Estate¡¯s houses have not yet been put on sale, but a batch of cheap second-hand houses suddenly appeared on the market, with prices ranging from 95% to 90% of the market price.  Even 85% have it!

    If it¡¯s just some second-hand houses, then that¡¯s it.

    But this time, more than 30,000 houses appeared.  For a time, the entrances of various intermediary stores were plastered with slogans saying "Quality Houses for Sale", attracting many people in need of housing to stop and watch.

    Although the Wenzhou Real Estate Speculation Group has purchased enough houses, most of them are new communities with incomplete supporting facilities.

    But these shortcomings cannot justify the low price.

    It¡¯s just a 10% discount, and the worst ones can even be around 20% off. This makes cash-strapped young people flock to it, constantly shuttling between various properties, and also makes countless intermediaries tired.  I have to live and die, painful and happy.

    Although this is not the peak season for house buying and selling, under such a large number of listings, many people still purchased houses directly, and the number of signed units directly broke the historical record.

    But this situation does not satisfy everyone.

    ?At least Sun Li was not satisfied.

    "You damn old man! Are we going to die together?" In a hotel, Sun Li unbuttoned his shirt, breathing heavily and yelling.

    Hou Mutai next to him had a gloomy face, "I can't believe that these two old guys are so decisive. They even dare to offer discounts like 20% off and 10% off! Do you really want to lose all your money by fighting us like this?"

    "Humph! He can't lose much!" Sun Li said coldly: "The current price is about 10% higher than the purchase price. Even if it is 20% off or 10% off, they won't lose much! On the contrary, if we don't lower the price  , Our house can¡¯t be sold at all, which is what we call a huge loss!¡±

    The five members of the Wenzhou real estate speculator group all purchased the same house at the beginning, but the property rights were different.

    If the houses in the same area are sold by Yang Hua and Guan Shantang at a 20% discount, and by Sun Li and Hou Mutai at a 10% discount, of course Sun Li and Hou Mutai's houses will not be sold, and they will end up rotting in their own hands.

    ¡°Forcing us to engage in a price war will make it difficult for everyone to win!¡± Hou Mutai was still hesitant.

    "Idiot!" Sun Li sneered, "That's what the old man had in mind! Once we hesitate and lose time, they can quickly ship the goods! Then they will lose part of the money, but we will all be trapped in it!  Those factory owners, do you think they are good people? Don¡¯t cry when they ask you to pay them back!¡±

    Hearing this, Hou Mutai¡¯s expression changed, he gritted his teeth, and finally made up his mind: ¡°This is the only way!¡±

    Most of their money is not their own, although part of it is borrowed from private loans, and the other part is more of the savings and investment of some factory owners. But if this money is completely lost, you can imagine those people who will be furious.  Factory owners, what kind of gaffes will they do - at that time, all contracts will be fake, and they will use all means to get their money back, instead of being unable to eat and use the house!

    Just like that, the real estate market in Chengdu quickly returned to the level of 2006 due to the two parties who were originally allies selling each other at low prices. Even many homeowners of several houses in Chengdu were unable to sit still.  Joined the tentative selling bandwagon.

    In just a few days, the total number of second-hand houses for sale in the Chengdu property market has reached around 40,000, setting a record again!

    ??????????????????? However, such a huge amount of cheap houses are not as popular as before when the prices increased. Only more than 3,000 units were sold in a few days.

    The Chinese people have always had a mentality, that is, they buy up prices rather than down prices.

    When the price of something increases, it proves that it has the potential to appreciate, so everyone will rush to buy it.

    But once the price of an item is reduced, no one can be sure when the price reduction will end, so everyone will wait with their money, waiting for it to hit the bottom.

    The question is, where is the bottom?

    Nobody knows.

    Therefore, when housing prices plummeted, not many people dared to buy.

    Especially when Huo Zhuzhu adapted to the situation and opened the market two days ahead of schedule and sold the first phase of 5,000 houses first!

    Known as the ¡°price killer¡±, Fairy Real Estate Chengdu Branch¡¯s price this time is even lower than expected, which is 40% off for the same house in the same road section!

    ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

    Such a ¡°crazy¡± pricing directly drove people crazy!

    They abandoned the second-hand houses on the market one after another and snapped up these houses within 3 hours.

    Those who didn¡¯t grab it are also looking forward to it, waiting for the opening of the second phase in a while!

    Huo Zhuzhu¡¯s move was actually not part of the plan.

    She originally set the price at about 25% off the market price, but when she saw that the Wenzhou real estate speculators saw that the situation was not good and wanted to run away, she immediately made a decisive decision and moved the price down again, making it impossible for them to sell it.

    Speaking of this price, Fairy Real Estate is still making money, but the profit is already relatively meager. If the Wenzhou real estate speculators dare to lower it to less than 40% off, Huo Zhuzhu has nothing to do.

    But Huo Zhuzhu firmly believes that if cost comparison hurts people, there is no way Wenzhou Real Estate Speculators can compare with Fairy Company. They also don¡¯t have the courage to continue selling houses at a huge loss. This price is even the cost price of Fairy Company.  They can't make much money, let alone those of them who buy finished houses.

    ?This is also true.

    On the second day after Fairy Real Estate opened for sale, the number of second-hand houses on the market quickly began to decrease. Although there are still more than 10,000 units for sale,But the price has slowly dropped and stabilized to about 30% off the market price.

    Huo Zhuzhu knew that this was also the rhythm for them to admit defeat and prepare to slowly withdraw from the game.

    ??According to the current price and this speed, if they sell the house in their hands, it is conservatively estimated that they will lose more than 20%. If their own financing costs are included, the loss will be even more!

    Being able to achieve this goal, the beautiful and exquisite director is very satisfied.

    What¡¯s more, it¡¯s not the end yet. Wait until the second half of the year, when a large number of Fairy Real Estate¡¯s own properties are on the market, and there will be plenty of opportunities to deal with them!
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