The Richest People in China

Mr. Wang title, and people very much, if not exchange business CARDS issued a cry, \”wow, you have so many company\” amazing, really has very little. Indeed, from Mr. Wang on the card in the dense title, it is known that he has a publishing house, a printing company, an advertising company, a decorate a company, a training company, a gift recycling companies, even, still have a supermarket. But Mr Wang says, he card printing so many companies, just for the fun of it. \”Just to see others see so many companies, will marvel at once.\” These companies, some did not how to make money, some even a loss. Mr. Wang most profitable, and not with these companies, but card no seal projects: Fried floor. According to estimation, Mr. Wang on with the real estate, probably billion yuan. And so much property, just from 10 years ago made tens of thousands of yuan house is derived and come. \”Say money, investment real estate is far better than industry.\” Since the investment real estate money, why doesn\’t end off those money-losing company?
This another unexpected reasons. As a 70 after henan people, Mr. Wang\’s relatives, also some current after 80, 90 after hard to imagine. But as the first entering guangzhou, and has certain achievement of Mr. Wang, naturally become relatives take refuge in the object. \”In order to take care of these relatives, some companies have lost money also must hang in there.\”

Investment speech: or would return to the industry
Very importantly, fry floor let Mr. Wang earn much money, also let Mr. Wang yielded some concerns. In the interview last, Mr. Wang lamented that \”relative to do, ChaoFang profitable industry too easily, everyone no mind to do industrial it, this is not a good thing.\” \”For economic speaking, this is not a good sign. Even for real estate industry, for example, it is not a good sign. Industrial all have no, house prices support will slowly decrease, real estate bubbles burst.\” Mr. Wang hand that fry building money too easy bad, but the reality was that he can earn money, which let him sometimes feel certain confusion, this is Mr. Wang lose money also refused to end their company\’s one reason. \”Wait, I still turn pale conditions would return to the business.\”

Chance occurrences: days off pie hit his head
Now investment real estate is very popular, everybody\’s talking about the real estate investment. And who can think, ten years ago guangzhou, real estate investment still everyone away from the sufferer. Mr. Wang said, and there was a man of three pain is, \”said ChaoFang into the landlord, fry into shareholders, the bubble become husband\”. Predictably, the investment real estate is a what kind of circumstance. At guangzhou people fear \”ChaoFang become landlord\”, and the Asian financial crisis of 1997 closely related. 97 financial crisis caused many Hong Kong people night from millionaire become \”million direction. Panic under, many Hong Kong people in guangzhou, the buyers have on hand property sales. At that time, guangzhou market appeared many \”rock bottom price\”. By this impact, guangzhou property prices have been downturn in stalemate. \”2001 guangzhou skill residential the price only 4220 yuan/square metre, and in 2003, guangzhou skill residential the price more drop to 3888 yuan/square metre. Never thought I want to fry floor of Mr. Wang, but in the accident, to start investing in real estate under. \”It was a business dealings business partners, owe my money and can\’t still, finally, told me that his hand was still a house, had made seven thousand yuan, now put down to my house, with guaranty of his debts. When Mr. Wang didn\’t want the house, but if not, may finally house even 70,000 yuan charge does not come back, only crustily skin of head promised. Mr. Wang recalls, the house is located in panyu jinhaian of garden, is a set of 67 square meters of small houses and business partners comes around, unit price 2500 yuan/square metre, slightly below the market price. Less than a year, Mr. Wang is the house is sold, total prices 200,000 yuan RMB 3,000 yuan/square metre, unit price. For one year, Mr. Wang has earned tens of thousands of yuan.

\”A lot of people\’s first bucket of gold are both hard struggle of Cyprus, I investment property first bucket of gold, but shot hit my head.\” For a first investment real estate experience, Mr. Wang downplay, will is considered lucky. If the first ChaoFang belong to lucky, then after ChaoFang continuously and property accumulated to a million yuan, the reality is not lucky can do.

The initiative: bad city contain many investment opportunities
\”Earned tens of thousands of yuan, then I will realize, although market prospect, but do not look good in bad city, also contain many investment opportunity.\” Looking back on your ChaoFang ten years experience, Mr. Wang regrets, \”if he knows how to seize the opportunity, good city bad city can make money.\” So far, Mr. Wang on the investment real estate attitude has changed, started out to attack and look for opportunities.

In 2003, Mr. Wang moves JinHai garden, and a shot is two sets of, all of 79 square meters of room two at garden unit, every square metre price 7000 multivariate. As for why do you choose this dish, Mr. Wang said, JinHai garden is located in hebei, location, supporting a day is very good. When the evacuation of Hong Kong people, resulting in days of property prices fell sharply in hebei. But as guangzhou\’s CBD, Mr. Wang think days hebei 7000 multivariate/square meters of buildings were greatly underestimated, \”so once bought two sets of.\” Sure enough, less than two years, Mr. Wang\’s property has risen to 9,000 multivariate/square metre, increase almost 30%, dish out, after deducting all sorts of charge, Mr. Wang earned nearly 300,000 yuan.

\”From 2005 after, I think guangzhou estate began to enter into a new round of the growth cycle, therefore, will more energy and material on the real estate investment industry, has rarely. As for increasing input. Except some important things outside, the rest to my wife and my brothers do.\” It is also begin from 2005, Mr. Wang started farewell glitzy ambition of real estate investment, started heavy-handed deals. So now, he is in the middle of the property values billion yuan.

\”From 10 years ago, how also earn tens of thousands of yuan today I can catch the thought of millions of property.\” Mr. Wang said that at present market although encounter all sorts of regulation, but still continue to remain positive on its prospects. \”Only when the Chinese liquidity is greatly reduced the time, I would have put on property will go out.\”

Investment way: bring great benefits. Daring
\”For real investor, just keep valued conditions, will only investment is more and more big, not 1.2142\”.
Mr. Wang\’s investment is more and more big, it is to point to the 2005 \”11\”. At that time, pearl river new town pinliang peak, price is opening 20 thousand multivariate/m2. \”Now pearl river new town of your house has been sold to 13 million yuan/square metre, but in five or six years ago, the pearl river new town house sold to 20,000 yuan/square metre, is rare things.\” In 2005, the pearl river new town house price also common 15,000 yuan/square metre, reputation than the market price at the peak of the thousands of yuan of above. So, when many media put it as guangzhou housing issues, \”guangzhou head show unit 2 million yuan buildings\” news, have occupied many media market version of the layout. \”Was very impressed when and network media drove a BBS, BBS theme is actually, pearl river new town house worth it 1.5 million yuan/m2.\” Remember the past, Mr. Wang also can not help smiling shook his head.

Mr. Wang is introduced, the investment pearl river new town house later, also had some twists and turns. The 2008 estate regulation and the subprime crisis, let the pearl river new town property prices also appeared to drop substantially. However, Mr. Wang ultimately not put to sell, hold for one year\’s time, pearl river new town again prices rise sharply. Mr. Wang believes, here\’s future can achieve four or five thousand yuan prices.

In Mr. Wang seems, residential investment can be pupil, office building is middle school students. Investment is \”Compared to residential and office for investors such as financial strength, vision require greater.\” So, until 2010, Mr. Wang will be officially tread office investment. \”Because of pearl river new town, so familiar with office also choose in investment in pearl river new town.\” Last April, Mr. Wang bought a set of pearl river new town office unit and an area of over 800 square meters, total prices nearly 20 million yuan. \”At that time chose this office, just because the pearl river new town office and home prices down. Pearl river new town boasts CBD, but the price is not as good as office residence, this is not normal phenomenon, later will certainly return to office of the residence prices higher than normal. From this perspective, the investment CBD office more cost-effective than house.\” As for investment office another reason, because Asian games held ceremonies in pearl river new town. \”Held Asian games after the opening and closing ceremonies, pearl river new town status affirmation again have to ascend, office building of value will further be reflected.\”

There are occasional mistake: choose the outlying regions cause earnings flatly
\”I am very fortunate, so far, no investment real estate failure experience.\” However, Mr. Wang\’s investment, not every time has good returns. In 2007, in guangzhou golden sand property prices rising fast, Mr. Wang ran to the near nanhai with relatively low price bought a set of more than 40 square meters of house. Bought a year or two, this house price also didn\’t go much, and rent rent again very low. And there was his business turnover need money, I have a little tight, just put this house sold. \”The result not earn, deduct various fee, then finally calculate only whisked off.\”
Actually, 2007 guangzhou in many parts of the property prices rushed a historical highs in 2007, if buy, sell in 2008, 2009, a lot of people are only to lose end.

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