Li Zhiheng's body became soft and he almost half-sagged on the sofa, and his heartbeat instantly exceeded 200 beats per minute.

He thought he was sure to win, but he never expected that with the broadcast of the Voice of Hong Kong Island, the new era of Hong Kong real estate would begin...

In Hong Kong Island, where the "household sales" model has just emerged, Zhou Wenqiang actually threw out a royal bomb again and submitted two legislative proposals to the Hong Kong Island Legislative Council!

One is called "Hong Kong Island Real Estate Mortgage Mortgage Standards", and the other is the "Interim Measures for Mortgage Management of Commercial Banks in Hong Kong Island".

In the mid-1950s, even the Lighthouse Kingdom had never had such standardized mortgage and mortgage regulations, and mortgage loans were even at the theoretical level of Citibank. Zhou Wenqiang opened this Pandora's box in advance.

"Mortal mortgage is essentially mobilizing banks to deposit funds and allow them to enter an active civil market. During the entire mortgage process, home buyers only need to pay 30% of the total housing price to obtain a house of their own in advance."

"The buyer mortgages the house with a down payment of 30% to the bank, and the bank pays the remaining 70% of the house to the seller, and then charges the principal and interest monthly to the buyer, which can often be ten years, twenty years or even longer."

"During the entire transaction process, home buyers only need to pay the down payment to purchase the house. Although they have to bear the mortgage, they have successfully avoided the possible 'inflation' that Hong Kong Real Estate may appear in the future. Moreover, those who were unable to buy the property also had the opportunity to become owners; the banking side has a large number of stable loan businesses, and they are charged interest, so they don't have to worry about the home buyers being unable to repay, after all, there is a mortgage for the insurance; the seller can quickly recover funds and expand the scale of the company, which is conducive to rapid transformation and enhance the image of Hong Kong Island!"

During the prime time at 8 pm the next day, Zhou Wenqiang appeared on the TV for the first time as the chairman of Beiwang Group. Facing the female host of Zhenlong TV, who was a little nervous, excited and fainted, she patiently answered questions for Hong Kong Island citizens and explained what a mortgage loan was.

The female host looked at her big boss and finally maintained her professional standards. She asked with a slightly red face: "Zhou... Chairman Zhou, can I understand that the emergence of the mortgage loan system is a great thing that benefits the future and benefit the people? It is definitely an excellent system that has benefits but no harm?"

Yes, he flattered the boss in front of countless viewers, and he is worthy of being the leading actress of Zhenlong TV.

Zhou Wenqiang glanced at the slender beauty with cold skin, and smiled and shook her head: "Although I am your boss, you can't flatter you like this? Given your performance, go to the finance office to receive a big red envelope after the show..."

"No matter how much jokes are, I must remind you that the mortgage system has various benefits, but it also has fatal weaknesses that cannot be ignored. It is like a beautiful Pandora's box. When we are amazed at its beauty and open it, we will release the demons hidden in it..."

"Yes, this system can enable more people to own their own houses and enhance the sense of belonging of Hong Kong people; but it also lowers the entry threshold for home buyers, which will inevitably lead to some bad speculative behaviors, which may lead to rapid rise in housing prices, which is not what we hope to see."

The female host was stunned: "Chairman, but..."

"But I first proposed the legislative proposals to support the system, so I have an obligation to eliminate the negative impact of the system as much as possible."

Zhou Wenqiang smiled and said, "I don't know if you still remember the Hong Kong Legislative Council's "Hong Kong Real Estate Management Code" announced some time ago. I suggest that the Legislative Council introduce this regulation in advance, which is one of the means to solve the negative impact."

"In addition, in order to prevent the mortgage loan system from being abused and causing adverse consequences, while I proposed legislation of the Mortgage Code, I also put forward legislative recommendations on the Interim Measures for Mortgage Management of Commercial Banks in Hong Kong Island. In this management measure, only the top two HSBC and Hang Seng Bank in Hong Kong Island are allowed to open 'mortgage loan' businesses, and stipulate that after two years, the application of banks that meet the conditions will be gradually accepted. They need to be reviewed by the Finance Department before they can open mortgage mortgage business."

"In this way, we can eliminate the negative impact of this system to the greatest extent, let the mortgage loan system take root in Hong Kong Island, and eventually produce beautiful flowers..."

Compared with the previous "Hong Kong Real Estate Management Standards", the legislative proposal proposed by Zhou Wenqiang this time seems to be a white moonlight in the Auxiliary Department. Once this system is implemented, the Hong Kong real estate industry will surely usher in a qualitative leap, with political achievements and taxes, and you really need whatever you want!

Not to mention the full support of HSBC and Hang Seng banks, even those small and medium-sized banks that are not qualified to start this business will never object. After all, everyone will have the opportunity to get a share in the future, and only fools will make the blame in advance!

There were many supporters for a while, and the news media seemed to be infuriating blood, discussing this new system in succession.

"Hong Kong Island's first housing mortgage regulations will be announced soon?"

"Is it a disaster or a blessing to use future money first?"

"Is the Spring of Banking Industry Coming?"

"On the Pandora's Box Opened by Member Zhou"

From the initial discussion, it gradually evolved into a debate, and in the end, the voices supporting Zhou Wenqiang finally gained an absolute advantage; even if this is a Pandora's box, Mr. Zhou had already taken various precautions, what are you afraid of?

Is it bad to buy a house as soon as possible? Not to mention the construction, finance and manufacturing industries in Hong Kong will be fully promoted by this new system. If you look at it longer-term, even industries that are not close to each other in the future may benefit from it!

This is the benefit of increasing GDP. Even if it is just driven by domestic demand, the impact on the region will always outweigh the disadvantages during a relatively stable period.

Of course, this is when Zhou Wenqiang fully summarized the experience of later generations and took various preventive measures in advance.

In later generations, China lacked experience and did not have a complete purchase restrictions and sales restrictions in the early stage, which led to housing prices being like wild horses and becoming a stinger in the hearts of the people.

This system itself does not have good or evil. The key is to see who is used and how to use it.

......

"Mortal loan! Zhou Wenqiang is not an ordinary person, he is simply a devil! It's so hard for him to think of this trick!"

After years of qi cultivation, Li Zhiheng looked at his son and several confidant executives, and his face turned a little ferocious.

"No wonder, no wonder Zhou Wenqiang was so 'reckless' in the early stage. It turned out that this poisonous plan had been decided long ago!"

"Tell me, how should we, Li, deal with the aggressive mortgage loan system?"

"I'll think of it all for me before I can speak! I'll remind you that now we're losing all our advantages!"
Chapter completed!