My Age of Investment
Chapter 720: Twenty-fourth palace
Chapter 720 Twenty-Four Xing Palace
Regarding the housing market, Xia Jingxing and Jiang Ping and Liu Hai had a very strong conversation, and they talked from the study to the dinner table.
The foreign girl listened to the side, found it interesting, and took the initiative to join the discussion.
She chewed on the food and murmured: "The housing prices in the United States have risen too wickedly in recent years. Take this villa under our feet. Last year, the price was only 5 million U.S. dollars. This year, it will cost at least 6 million U.S. dollars to get it. Down."
Liu Hai chuckled, "Also leave a 20% increase, which is not too exaggerated."
"Is this not an exaggeration? Our family bought a holiday house in Texas before. It has been almost ten years, and it has not seen a rise of 20%."
The foreign girl said and shook his head, "My father heard that the housing prices in California are rising well, so he plans to buy a house in California.
A Texas real estate agent came to their country club to promote sales, and wanted their entire club to come to California to buy a house. He said that housing prices here are rising fast, and there is no down payment required. Buying is earning, and reselling in a few years. This is equivalent to half or more of the profit of the house price. "
"Hahaha~"
Hearing the words, Liu Hai burst into laughter. He has learned enough about the real estate agent’s tricks of people recently. In order to earn commissions, real estate agents all over the United States suddenly changed their **** and became more diligent.
This also confirms the speculation that there is a real estate bubble in disguise.
His eyes cast a quizzical look at Xia Jingxing. Your old man is going to speculate at this juncture, don't you care?
Xia Jingxing also found it funny, and said to the foreign girl: "You should persuade Mr. Walsh to save a bit of effort, and he can think of it after running so far to speculate in real estate."
He thinks this scene is quite magical, and the same scene will be staged in China many years later.
"Why? Anyway, there is no risk. If you come to buy a house, you will be a tourist. Even if you don’t have the loan, you don’t want the house."
The foreign girl spread out her hands, looking very uncomprehending.
Xia Jingxing feels that the thinking of foreign girls represents the thinking of most Americans at this time. He does not believe that housing prices will collapse at all. Perhaps he would not even think about it.
The United States has made a mess of the world in recent decades, but the country has always been in a good mood, the country is peaceful, the social environment, and the economic environment are praised by the world, and it has become the beacon country that everyone yearns for.
If someone suddenly jumps out and says that housing prices are going to collapse, I’m afraid they will become the laughingstock and fools of all the population.
Xia Jingxing did not hide anything from the foreign girl, and fully described the basis of his judgment on the U.S. housing market.
"If you say that, I also think that housing prices have indeed risen a bit outrageously."
The foreign girl nodded, seemingly enlightened.
Jiang Ping reported several sets of data like a math machine with no emotions.
"In 2005, the average price of single-family homes in the United States increased by more than 50%, and some popular areas even increased even more. For example, New York rose by 79% on average and Los Angeles by 110% on average."
Jiang Ping looked around the house and said, “Your house is large in size and is not the most popular apartment type, so the increase is relatively small.”
The foreign girl nodded. Although this house does not match their super-rich status, the price of several million dollars is beyond the reach of ordinary people. Basically, only the senior executives of large companies in Silicon Valley can afford it. It cuts out most of the buyers.
As for ordinary residential buildings, there is no down payment and only a small amount of mortgage interest was paid in the past few years. People's unprecedented buying sentiment has boosted the rise in housing prices.
"According to the housing price index of major U.S. cities, house prices in the top ten U.S. cities in June 2006 were 2.9 times higher than in December 1996."
Xia Jingxing looked at the foreign girl with a smile, "Do you know what this means?"
"What?" Yang Niu asked.
"It means that a beautiful bubble is blown up!" Xia Jingxing drew a big circle with both hands.
"so……"
Speaking of this, the foreign girl paused and glanced at Jiang Ping and Liu Hai. She was as smart as her, and instantly associated a lot. If it was for nothing, her boyfriend would not call the two generals of the hedge fund at home.
There must be a major financial action!
The foreign girl had already guessed in her heart, but she did not break the casserole to ask the end.
Instead, the topic changed.
"Daren, the land in Los Altos can't stay there forever, what do you plan to do? Affected by rising housing prices, the land should have risen a lot, should you sell it?"
Xia Jingxing looked at the foreign girl with a smile. He knew that the foreign girl had already judged a lot of things, and he planned to play a trick of selling high and buying low?
But how much money is that? Can you toss back and forth? There is no shortage of those three melons and two dates.
"Not for sale!"
Xia Jingxing shook his head. If the foreign girl didn't mention it, he would almost forget the barren hill.
Last year, all the funds in his hand were planned, and the private funds were not abundant. The construction of the manor was drawn out after the design drawings, and after a simple leveling of the land, it stagnated, which is indeed a bit down.
Some time ago, he took advantage of the share price of Amicco to break through the high of 106 US dollars, and sold the last 80,000 shares in his hand, and withdrew more than 8 million US dollars of funds, which should be enough to pay the initial engineering funds.
Wait until next year and the next year, the construction period will begin to be completed one after another. Paying the remaining tens of millions of dollars for the project will definitely not be a problem for him.
In fact, he still doesn't want to always embezzle the money in the various funds of Vision Capital, or build a manor, where it is necessary to stop repairs.
In addition, he also wants to apply some smart home products to his manor.
Unfortunately, the technology is too late to make breakthroughs. I can only learn from Gates and spend money at all costs. Laying dozens of kilometers of cables underground is a luxury to think about.
"Call the designer tomorrow, let's go to see the land together, confirm that there is no problem, and start construction."
The foreign girl nodded and said hello.
Jiang Ping didn’t know that Xia Jingxing still had a piece of land, so he asked more, “Jingxing, are you not satisfied with this house now? I think it’s pretty good!”
In addition to serving as a fund manager, Liu Hai also served as the supervisor and liaison officer of Xia Jingxing Manor, responsible for a bunch of chores of house construction.
He smiled and explained to Jiang Ping: "Brother Jiang Ping, you don’t know. Now this villa is just bought for temporary transition. Jingxing’s dream house is a botanical garden, a zoo, a basketball court, a tennis court, and a helicopter landing pad. And so on, the combination of nature and modern technology, and the scenery is catching up to the 5A scenic spot...a place for self-cultivation!"
A large number of nouns and adjectives dazzled Jiang Ping directly, and I didn’t bother to ask, anyway, I just knew it was very embarrassing.
…………
…………
The next day.
Xia Jingxing and Yang Niu drove to the barren mountain. They were accompanied by Bei Lizhong, the founder of Bei's Architecture. At the same time, he also had a third son who was Pei I.M.
Stepping on the land of the barren hills, Xia Jingxing looked around. This land of more than ten acres and more than 40,000 square meters was much flatter than last year. The lush bushes before it were all cut down and turned into an endless horizon. Flat large lawn.
Bai Lizhong is in his fifties, wearing a black suit, and has an elegant temperament. At first glance, he is a learned person.
After he obtained a master's degree in architecture from Harvard University in 1976, he has been helping his father and has participated in the design of Beijing Fragrant Hill Hotel, Hong Kong Bank of China Tower, Beijing Bank of China Tower, Suzhou Museum and other well-known projects.
Xia Jingxing originally wanted to find Pei I.M. to do the work, but the old man was doing the finishing work for the Suzhou Museum wholeheartedly, and he had no time to look after him, so he recommended his young son to design the manor.
Bei Lizhong asked his assistant to set up a wooden shelf in the wasteland, and nailed the design drawings of the length and width dimensions of Michel on the shelf with thumbtacks.
"Mr. Xia, Miss Christina, this is our architectural design. You can come and have a look. If there is any dissatisfaction, you can directly bring it up and we will revise it until you are satisfied."
Beye smiled and looked at the young couple not far away, with a polite and enthusiastic tone.
Because for their architectural firm, Xia Jingxing is a walking human-shaped gold mine. Facebook, YouTube, Envision Capital, Hainei.com... these companies may all want to build headquarters in the future.
He originally offered to waive the design fee this time, but Xia Jingxing repeatedly insisted on paying.
The foreign girl approached Xia Jingxing’s hand, looked at the design drawing nailed to the shelf, looked at it carefully for a while, and smiled slightly, "Mr. Bei, can you introduce us to it?"
Xia Jingxing also nodded, "Yes, I don't understand it well, you have to introduce it."
Berry smiled, did not directly introduce the manor, but listed various famous mansions in the world.
The Leopold Villa, built by King Leopold II of Belgium 104 years ago, is located on the French Riviera in the south of France. At about 750 million US dollars), Mr. Gates was also its former owner...
The Fairfield Sunset House in New York, known as the "Atlantic Versailles", covers an area of 63 acres and is valued at USD 250 million. There is also a power plant in the estate...
Larry Ellison spent 200 million US dollars to build a Japanese-style manor in 2004, with artificial lakes, tea rooms, baths and koi ponds all available, covering an area of 23 acres...
Edun Court in London, 40,000 square meters of gardens, 200,000 square meters of private forest, covering an area of 23.47 hectares, estimated at 150 million US dollars...
Hearst Manor in Beverly Hills, valued at US$165 million, Pinnacle Park in the Yellowstone Club, valued at US$155 million, and Los Angeles Holmby Mountain Manor, valued at US$150 million...
Berry introduced a dozen of the world’s top private mansions to Xia Jingxing in one breath, and even the US$1 billion under construction in Ambani, India has not fallen. He introduced the design style and characteristic structure of each mansion one by one.
"These luxury houses have their own characteristics, but they all have one thing in common, that is, they occupy a large area."
Xia Jingxing and Yang Niu looked at each other, thinking that their house was already enough, but the layout was still small.
In this pile of luxury homes, even Gates’ Xanadu 2.0 is not ranked. No matter the cost, valuation, or land or building area, they are not as good as the trenches introduced by Belle.
Xia Jingxing signaled Bei Lizhong to continue the introduction.
"My idea is to design a palace-style main villa with an area of 3,000 square meters and a construction area of between 5,000 and 6,000 square meters. The remaining land of nearly 40,000 square meters can be used to create a sports area, leisure and entertainment area. , Plant some olive trees, cypress trees, orange trees and lemon trees for decoration..."
Xia Jingxing was suddenly silent.
I don't know what happened in Belle, so he stopped talking and waited quietly.
"How about buying the whole mountain?"
Xia Jingxing pointed her finger around, “All those uneven places will be planted with trees and flowers, and the area of private gardens and private forests will be enlarged.”
The foreign girl was completely stupid. When she reacted, she immediately pinched Xia Jingxing behind her back and gave Xia Jingxing a look.
Xia Jingxing knows that foreign girls are distressed about the money, but the money is earned and spent, and the pockets are all set up, so you can wait for the fish to jump in, so you can’t treat yourself in advance?
He patted the hand of the foreign girl, smiled and gave a glance, all gestures were trivial.
Bai Lizhong looked around and replied with a smile: "To be honest, Mr. Xia, you have a good vision and thoughtfulness.
When the entire mountain is bought, privacy and security can be protected to the greatest extent. As a celebrity, this is very important to you.
Let’s go back to the manor design. If the whole mountain splashes ink on me, then I can give full play to my imagination and truly create a work that breaks through my peak. "
Where did Xia Jingxing think about it so much, he just heard that people cover an area of tens of acres, and he had the idea of making gestures in his heart.
This is actually the same as buying a car. I originally planned to buy a domestic car. I suddenly thought that adding tens of thousands to buy a joint venture car. After a while, I thought that adding tens of thousands to buy an entry-level BBA...
Finally found out that he bought a Rolls Royce!
"However, Mr. Xia, I still have to remind you."
Belley was watching Xia Jingxing. He was not worried about Xia Jingxing’s financial resources, but worried that the employer would regret it in the future and blame him as a designer.
Young and rich people, they come out every time they think about it, and they are prone to impulse consumption.
Bailey said solemnly in his tone: "This piece of land is called a mountain, but it's actually just a small bag of soil. The terrain is not too problematic. It is surrounded by Palo Alto and Los Altos, next to Silicon Valley and Stanford, and is located in San Francisco Bay. District, location is no problem.
The only problem is not relying on the sea! The best living environment is surrounded by mountains and rivers..."
Xia Jingxing interrupted, "Then dig an artificial lake, a sea-view villa, and just buy another one in the future."
The employer is so bold, what else can be said in Belle, just do it.
"Mr. Xia, you arrange to buy all the surrounding land here, and I will give you a new design drawing."
Xia Jingxing nodded. This is his first self-built mansion, and he must not be wronged.
In the future, there is a suitable opportunity. He also wants to buy real estate in New York, Los Angeles and other places. The same is true in major domestic cities. The purchase should be done so that there is a place to stay in the city that frequently travels on business.
said it was a spare, in fact, he still wanted to turn each property into a palace or a separate courtyard, each with its own characteristics, so it won’t be done.
"By the way, Mr. Pei, you also participated in the design of the Suzhou Museum. I have seen the pictures that have been circulated, which truly restore the oriental charm of the Suzhou gardens, which is very remarkable."
Bai Lizhong grinned, "Our family's ancestral home was in Suzhou. When my father was a child, there was a lion forest in the family, so we were forced to learn Suzhou garden-style architectural design since we were young."
Xia Jingxing nodded. Pei’s family is a prominent family in Suzhou with a family history. Pei’s father served as the general manager of the Bank of China Hong Kong branch 90 years ago.
"I like Suzhou garden architecture very much. If I have the opportunity, I may have to work hard, Mr. Bei, to help design a house."
Hearing this, Belle Zhong immediately became happy, and said with a smile: "Okay, I will do my best to design a house that satisfies you, Mr. Xia."
Gossiping for a while, everyone got into the car and drove away.
As soon as he got in the car, the young girl asked: "Why are you building so many houses? And you want to buy this mountain."
"You don’t want to live in real estate, oh, I’m wrong. I sometimes live in real estate. Hey, what do you know as a woman?"
Xia Jingxing thought, if in the future build twenty-four houses around the world and named them after their funds, it would be a good talk.
This kind of life in the global construction palace, I am afraid that the emperors in ancient times did not have this treatment, and they could go to the countryside of Chengde to escape the heat.
Thinking of this, Xia Jingxing suddenly felt happy, this **** thing is called life.
With the longing and yearning for a better life in my heart, work will not be tired.
"You can be proud of it. The house on the mountain was built for nearly 100 million U.S. dollars in Piga. Now that you expand it, 200 million U.S. dollars may not be able to survive."
The foreign girl does not understand the Chinese people's feelings for the land and the house, which are engraved in their bones, and thinks Xia Jingxing is a bit profligate.
She also likes beautiful houses, but she knows how her boyfriend’s money comes from, and she is still carrying billions of dollars in loans, so she can’t float away.
"Not only do I want to build a house, but when do I have to buy an island to play with, it’s fun to be an island owner."
The foreign girl chuckled, "You can buy it, can you live in so many houses?"
"Spiritual enjoyment, if you don’t understand it, you can pass it on to your children and grandchildren in the future. Didn’t the declining aristocrats in Europe just sell out their ancestral belongings, rent out castles, open hotels, build tourist attractions, and collect tickets?"
The foreign girl smiled disdainfully, "Do you think they can keep their ancestral wealth? I tell you, few can make money, and the inheritance tax is a life-killing knife.
The last time I went on a business trip to Europe, the broker asked me if I wanted a castle. This princess and the grand prince made up a lot of stories to raise their value.
I won’t be fooled by them. Whoever buys the castle is unlucky. "
"It's time to buy it!"
Xia Jingxing slapped her thigh anxiously, ordered the castle, and later sold it to the Chinese local tyrants. Can this business lose money?
In a few years, the domestic wealthy have no vineyards or castles in Europe, so they are embarrassed to greet people when they go out.
The two chatted about the house in the car, chatting all the way, from the United States to Europe, and then to Africa, Asia...
When she was about to get home, the foreign girl received a call.
"Dad, have you come to San Francisco?"
"If you don't live in our house, where do you live?"
"Live in a tent????"
……
(End of this chapter)
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