Rebirth in officialdom: crush enemies and reach the top

A supervision team jointly established by the Provincial Public Security Department and the Provincial Commission for Discipline Inspection quickly entered Linzhou.

Secretary of the Provincial Party Committee Chen Changming specifically named Chu Xian, member of the Standing Committee of the Shuanglu County Party Committee and executive deputy county magistrate, as the deputy leader of the supervision group, fully responsible for the specific strategic issues in the rectification of Linzhou’s real estate industry.

This time, the supervision team has extremely high standards. Sha Guofu, secretary of the Provincial Commission for Discipline Inspection, is the team leader, and Jiang Wanhe, the deputy governor and director of the Provincial Public Security Department, is the executive deputy team leader. Several deputy team leaders are all department-level cadres.

And Chu Xian became the only deputy team leader at the deputy division level in the supervision team!

After the supervision team settled in Linzhou, they immediately conducted strict checks on the debts and cash flows of all real estate companies investing in Linzhou, as well as the procedures and qualifications for acquiring land and building buildings...

"Two leaders, this verification result is really shocking..."

Chu Xian looked at the information in his hand and couldn't help but sigh to Sha Guofu and Jiang Wanhe.

The debt ratio of more than 80% of real estate companies exceeds the warning level. Some real estate companies are even insolvent and rely on bank loans to survive. Some are even using bank loans to acquire land and expand blindly...

If these companies are unable to repay their loans by then, the amount of bad debts in the bank will reach a terrifying figure!

In addition to the debt problem, there is another chilling problem.

The pre-sales of new properties in Linzhou City have reached a quite outrageous level!

Some properties only have a gate built, and the foundation of the property is not even dug, and the house has already been sold for a high price!

After reading the relevant information, Sha Guofu and Jiang Wanhe also looked solemn and frowned.

"Chu Xian, do you have any good solutions? You personally designed the real estate policies of the two major development zones in Xiangzhou City, and your unique insights into the real estate industry won praises even from Vice President Chen Ming of the Academy of Social Sciences. ! This time, I also hope that you can come up with a specific plan to solve the real estate problem in Linzhou. The reason why Secretary Chen asked you to serve as the deputy leader of the supervision team is because of his trust in your ability..."

Sha Guofu looked at Chu Xian with earnest eyes.

"Secretary Sha, the real estate market in Linzhou is already deeply flawed. If we want to solve the problem as soon as possible, we must implement the strategy of using strong medicine to eliminate malaise and imposing heavy laws to control chaos!"

Chu Xian's eyes revealed confidence and perseverance.

"What exactly should be done?"

Jiang Wanhe also asked.

"I carefully summarized the two biggest problems in Linzhou's real estate industry at present: bank loan problems and pre-sale property delivery problems. First, let's discuss solving the bank loan problem..."

"Currently, the problem of risky loans in various banks in Linzhou is particularly serious! For risky loans without collateral, all those that have been approved but have not been issued have been frozen! And for those risky loans that have been issued to real estate companies, repayment within a time limit or requirements The target real estate company shall provide collateral within the specified period..."

"For those real estate owners who fail to repay bank loans on time, or fail to provide collateral of equal value within the specified time, apply to freeze their private properties..."

"The application conditions for new loans will be temporarily based on the financing standards of the real estate industry in the two major economic development zones in Xiangzhou! Real estate companies that do not meet the conditions for debt ratio and cash flow should restrict or refuse to issue loans unless they can provide equivalent mortgages. Things..."

Sha Guofu and Jiang Wanhe couldn't help but look at each other.

Is Chu Xian planning to give Linzhou's real estate industry a shock therapy with his stranglehold?

"Is this too radical? Will it cause an adverse stress reaction?"

Sha Guofu's frown deepened.

"Secretary Sha, the situation in Linzhou has now reached a point where it must be rectified with heavy blows! Even if there are some side effects, it is more cost-effective than the expansion of losses..."

Chu Xian explained in detail, "As for the issue of property delivery, those real estate developers who just built a gate are ordered to build the pre-sold properties within a time limit with high quality and quantity! Before the pre-sold properties are delivered, no further construction is allowed. Acquire land to build new real estate, ensuring that the houses bought by ordinary people who spent their life savings and carried huge debts will not be unfinished and will be delivered on time and with high quality..."

"And before the delivery of the building, certain restrictions will be placed on the activities of the main persons in charge of the real estate developers! Before the pre-sale properties are delivered, they are strictly prohibited from leaving the country..."

"If the real estate construction project is suspended due to insufficient funds, the property under the name of the real estate owner will be frozen immediately, and sufficient funds will be deducted to continue the real estate construction..."

After listening to Chu Xian's suggestions, Sha Guofu and Jiang Wanhe were deeply aware of the seriousness of the matter. After consulting Chen Changming and Su Chendong, they made up their minds to adopt a series of measures suggested by Chu Xian to deal with the real estate chaos in Linzhou. Such renovation!

Even though the supervision team had carefully considered and figured out a complete set of tricks to rectify Linzhou's real estate problems, problems inevitably occurred!

Because a considerable number of real estate developers rely entirely on bank loans to survive!

And he also applied for loans from different banks at the same time!

Just like those who have more than a dozen credit cards and pay back the loans every month, as long as the loan from one bank is cut off, the cash flow will tend to dry up and all business chains will be broken!

For this group of real estate owners, the supervision team cooperated with banks to freeze the assets in their names at an extremely fast speed!

Although some companies have no money in their company accounts, they have abundant savings in their personal accounts, which can barely support the construction expenses of the real estate.

But some real estate owners don’t know whether they transferred their personal property early or are just that poor!

He had no property at all to his name, and he also acted like a scoundrel who said, "If you want money, you won't give me your life," which gave the supervision team a headache...

In the end, it was the real estate properties under the names of these rogue real estate developers that caused a huge explosion!

Not only are the loans owed to banks unable to be repaid, but the houses bought by ordinary people cannot be delivered on time!

The common people naturally quit, and some gathered in the sales department for sit-in demonstrations, or went to relevant departments to petition.

Faced with such a problem, Chu Xian had no choice but to apply for financial support from the provincial finance department!

Allocate a part of the funds from the provincial finance and inject it into the construction funds of the real estate to ensure that the construction and delivery of the real estate can be carried out smoothly and to safeguard the legitimate rights and interests of the people!

Fortunately, Linzhou's radical real estate policy was only implemented for just half a year before it was stopped due to major problems.

There are not many problematic properties, and the finances can barely cover the bottom line!

If it is allowed to develop for a period of time, there will really be no way to fill this hole!

Under Chu Xian's overall planning, Linzhou's real estate industry has entered a period of strict rectification. Although short-term economic data may plummet, in the long run, this is the only way to guide Linzhou's real estate industry into a stable and healthy development track. the road!