Even a pig could fly in the wind!
However, there was a threshold to this opportunity. If one wanted to grab as much wealth as possible from this opportunity, then the more money they had in hand, the better.
Ian thought for a moment and wrote another 24 million under 1998.
Beijing had been experimenting with the commercial housing system since 1998. At that time, there was no concept of " real estate " or " pre-auction houses." They were all sold directly after they were built.
It was similar in nature to other goods.
In fact, since 1994, the country had begun to change from welfare housing to commercial housing. It only involved a huge policy of a country. The middle years were a transition period, and the scale was relatively small. It was still in the scope of pilot projects.
At the same time.
Along with the big change from a planned economy to a market economy that involved the whole country, the iron rice bowl of the original state-owned factories and units was broken, and a large number of workers left the iron rice bowl.
In contrast.
It was the destruction of the welfare housing system.
After the 1990s, most people were no longer employees of state-owned factories and units. Naturally, no unit would build houses for you and give them to you.
Then…
What if the latecomers wanted a house and a home?
Buy!
Therefore, the large-scale expansion of commercial housing in the country was closely related to the official end of the planned economy in the 1990s. The social background of large-scale restructuring, closure, and layoffs of state-owned factories across the country was closely related.
Therefore, Beijing began to build commercial housing in batches from 1998.
Two years later, starting from 2000, with the process of urban development, the domestic real estate market began to go completely crazy.
" Twenty-four million. It looks like a lot, but if you invest all of it in the housing market, you won't be able to buy much…"
Ian's pen paused on the sum of 24 million.
In 1998, the housing prices near the Second Ring Road in Beijing were around 4,000 to 5,000 yuan per square meter, while the housing prices near the Third Ring Road were around 3,000 to 4,000 yuan per square meter.
In Tongzhou, which was almost the fifth ring, the price was as low as 1500 yuan per square meter.
Outside the fifth ring?
At that time, there was no one outside the Fifth Ring Road in Beijing!
In this case…
On average, 24 million yuan could buy a house of about 10,000 square meters.
Then, through collateral.
He estimated that he would be able to get a house of about 30,000 to 40,000 square meters in the end.
It looks like a lot, doesn't it?
But in reality.
It was only 300 to 400 houses.
It wasn't even as much as a small real estate developer's building…
With this sum of money alone, Ian's net worth could reach four to five billion in about twenty years.
It was enough to be a salted fish.
However…
He was only a fraction away from becoming a real tycoon.
A fortune of four to five billion would only be the box office of a movie in twenty years…
Since he had caught up with this storm.
Of course, the more wealth, the better. Otherwise, after a trip back, he would buy a few houses and become a landlord. Although he could live a comfortable life, he would not want to improve.
If he wanted to do it, he had to do it big!
Otherwise, twenty years later, it would be too embarrassing if his wealth couldn't even beat a real estate developer…
"In the first half of next year, around March or April, Beijing will release the sale of commercial housing. There is still half a year in between. What should I do with the money on hand?”
Ian rested his chin on his hand and looked out of the window at the bright moon. He was a little lost in thought.
It was not that there were no projects to invest in.
It was because there were too many!
However, the 1990s was an era where wealth grew wildly. Although there were countless gold mines waiting for people to excavate, this era also hid countless barbarism and the darkness of the human heart.
If you only invested in others, then the project would be profitable, but there was a high chance that it would be eaten by others.
Moreover, many money-making schemes in this era carried the sin of imperfect systems.
Just think about how many richest people in the country would fall 20 years later.
Which richest man had a good death?
Nothing else.
In the primitive accumulation of wealth, they all broke the law and exploited loopholes…
Ian didn't want to get involved with these things.
If a transmigrator were to touch this money, then he would have transmigrated for nothing.
To earn money, one had to stand up straight and earn money!
On the desk, Ian wrote down a few words in his exercise book. Chain arcade, transiting Russia for reselling, contracting coal mines, DCD players, household appliances, motorcycle production, earthworks, transportation industry…
He wrote them down one by one, but they were crossed out one by one.
These industries were all profitable industries in the 1990s.
However…
There were many things involved.
For example, if he had a first-move advantage in making home appliances, he wouldn't dare to say that he could make it into Huawei, but he would definitely have no problem making it into Xiaomi.
However…
This went against Ian's attitude towards life again.
Business was the same as politics.
Once you set foot on this path, you wouldn't be able to control yourself. You probably wouldn't even have a few hours left in the 24 hours that truly belonged to you…
Why did he have to live so tiredly?
Not to mention, some industries were quite dangerous.
Or be a coal mine boss?
Earning money was earning money.
But it was too embarrassing!
It also involved some very deep water. Ian crossed it out without hesitation.
In a short while, the exercise book was filled with dozens of words. Every word in it could give ordinary people a chance to achieve great things in the golden age of the 1990s.
However, Ian had crossed them out.
None of them were suitable for Ian's 24 million yuan in just half a year.
Ian had a headache.
It was not that there were no projects in 1997, but these projects were not suitable for short-term profit growth. They required long-term operations and also involved connections and relationships with the government.
As for the stock market, there was one.
However, Ian would not touch it because he did not remember the specific trend of the domestic stock market and the situation of individual stocks.
Moreover, it was useless to remember the general trend when doing short-term trading.
TV series?
Ian also crossed it out.
The reason was simple.
In the end,"My Own Swordsman" sold for 24 million yuan. To be honest, it had exceeded Ian's expectations. In this day and age, a drama that could sell for a few million yuan was already a ceiling price.
The 24 million yuan that My Own Swordsman had earned was completely due to a coincidence. It happened to be at the crucial timing of Central TV's fourth annual bidding conference.
If it was any other time, even My Own Swordsman would not be able to sell for 24 million…
Wait a minute!
At this moment, Ian's heart skipped a beat. He picked up his pen and wrote down a word in his exercise book: Spring Festival!
It was difficult for television dramas to sell for high prices in this era, but…
This year's Spring Festival was the Spring Festival of 1998!
He had almost forgotten about this when he was so focused on earning money.
The Spring Festival of 1998 was the beginning of Feng Pants 'glory for the next decade.
Back then, Feng Pants '"Party A, Party B" was the box office champion. How much did it sell for?
Ian recalled immediately. It was 36 million!
Ian's eyes lit up. He drew a circle on the " Spring Festival " section. This was a gold mine with endless potential…
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