"According to your opinion, will Lincheng not develop a residential area?" Xiao Lin asked.

"Of course it needs to be developed, but you also have to look at how many of them are developed. Lincheng has developed more than a dozen new properties in recent years. You should know that the prices of these properties are under regulation and are fiercely competitive. Lincheng is a town and a development zone. It has not yet been sublimated into a real new city. Talking about the future, over ten years, the situation may be much more optimistic. Hotels are for a long time, and residential housing is different! Speaking of the future in ten years, I won't talk about anything else. Just the outer ring road of Pu District, what housing prices will be in ten years?

Is it cost-effective to invest in Lincheng or the outer ring line? It's like if you buy a house in Magic City and you buy a house in Wudu, which side will have a lot of appreciation potential? This is obvious, so I don't recommend investing in residential projects in Lincheng now. If tenants need to buy a house in Lincheng, they won't choose Lincheng, where there is no school district or Grade A hospital. As for the next five or even ten years, I think I can invest. Of course, in the future, Lincheng will definitely have no limits, but now, the development of residential areas is not suitable for Lincheng." I continued.

"Mr. Chen, although I have not been to the devil for a long time, it is indeed not suitable to develop a residential area in Lincheng. If the funds are to be used on the edge of the knife and cashed out in a short time, it will definitely not work. Unless someone buys a piece of land and then does not start construction. Instead, wait for the development to be developed, and then invest in and develop, or just resell the land and sell it in a few years." Wan Tingmei smiled.

"The state control is so strict. You should do whatever you want in the construction plan. Otherwise, you will not be qualified to take photos of land. Don't think that you can't control it like this. Even if it is import and export, there is already a Magic City Free Trade Zone." I smiled.

"Yeah, it's just that there was such a thing before." Wan Tingmei nodded.

"In the past, when doing real estate development, I bought several pieces of land and invested more. In the past, people from Wencheng who speculated in real estate, you can ask for it. At that time, there was no purchase limit. You could buy ten units for one million yuan. All ten units were loans. When the house rose, they would sell and buy again. The snowball became bigger and bigger. This is how the housing prices rose. Now, there is a purchase limit, and the purchase limit in Magic City is very strict." I explained.

"I know that single foreigners cannot buy a house in the Magic City. They must be married foreigners and have five years of social security to be eligible to buy a house. Moreover, one house is limited to purchase one. As for locals, they can buy two houses, but they all depend on the household registration. They decide how many houses they can buy, which means there are more tricks such as fake divorce and fake marriage. Of course, ordinary people who apply for affordable housing and get a house are not qualified to buy a second house again." Wan Tingmei responded.

"Yes, that's true." I nodded.

"Mr. Chen, what if it is a hotel project, do you think it is acceptable to be a demon?" Xiao Lin asked.

"Movie City has hundreds of five-star hotels, more than half of which are distributed in various locations in the city. The competition is quite fierce. In the suburbs, there are basically several five-star hotels in the center of each district. So the main thing to do is to make a hotel depends on the geographical location. As for whether it is desirable, it depends on the location." I said.

"It's close to the Pu District International Airport, how about it?" Xiao Lin continued.

"You have thought of it, people have long thought of it. It's good. I heard that there are a few pieces of land there and it has been listed as a development zone. As far as I know, the land there has been targeted for a long time. Once a hotel is developed, it will of course be good, but the scale of the hotel cannot be too large." I responded.

"So that's it." Xiao Lin nodded slightly.

"I have a good idea." I smiled.

"What, what?" Xiao Lin looked at me.

"Be an inn and make a big difference with small things." I grinned.

"Make a big fortune by making an inn? Is it similar to that kind of homestay?" Xiao Lin said in surprise.

"I suddenly felt that I could do this, so I won't talk about it for the time being. This is a business opportunity." I smiled faintly.

"I said to Mr. Chen, why are you keeping me in hiding? This makes me speechless." Xiao Lin said helplessly.

"Hahahaha, let's have a meal first. You see, we have talked so much and ordered so many dishes, but you haven't even eaten a few bites." I said.

In the following time, we continued to have dinner. After about an hour, we separated from Xiao Lin and returned to the company.

The dishes Xiao Lin ordered today were really good. I was quite full, but I already realized that Xiao Lin planned to do a project in Magic City, and her funds should not be sufficient, so someone needed to invest in it again. As for the location of the hotel project, it is probably the land near Pu District International Airport. If that land can be obtained, you might as well give it a try.

In fact, it is not only Pu District Airport, but there are many five-star hotels near Hongqiao Airport. After all, Hongqiao Airport is an early airport and has a unique geographical location. Pu District International Airport is just around the corner, and it has just gotten up in the past decade, so this is different.

"Brother Chen, are you really not interested in hotel projects?" Wan Tingmei said.

"What interests can I have? Hotel projects are risky, and they are not that easy to do." I said.

"Uh, this--" Wan Tingmei smiled awkwardly.

"Now our company's money is all about the knife edge. Whether it is Warm Home or Global Shopping Center, the funds are finally recovered to make the magic town hot. I recently saw a data that you may not believe when you said it, but it is really like this." I said.

"What data?" Wan Tingmei asked.

"Do you know there is a Disney in Harbor City? There is also a Disney in Tokyo, the island country." I smiled faintly.

"Of course I know that both the Port City and the island country Disney were built relatively early, and are a key project for Southeast Asia tourism all year round, and are overcrowded." Wan Tingmei said.

"Not now. Since the opening of the Magic City Disney in 2016, both the Harbor City and the island country Disney have been hit, and the one that has the biggest impact is Harbor City. Do you know? Disney in Harbor City has been losing money over the years and has closed several districts." I said.

"There is still this matter. It seems that with Disney in the mainland, many Chinese people don't need to look far away." Wan Tingmei said.

"What's the one with Disney back? It's our magic town. You said that such a big piece of cake is right in front of us. Are we going to spend money on other projects?" I responded.

"Yes." Wan Tingmei nodded.
Chapter completed!