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Chapter 277 Real Estate Speculators Become Landlords

"boss"

"Look at this report first."

After Oliver, the head of the real estate investment management company, came to the office, Arthur handed him the report about the world's second largest pearl in his hand.

After reading the report, Oliver looked at the newspaper about the natural pearls that looked like the human brain, and couldn't help but exclaim: "Oh, it's really shocking!"

"Yes, the diameter is 15 cm, so big, this is definitely a treasure of nature, so I want to take a picture of it!" Arthur took the newspaper that Oliver handed back, looked at the pearl photos on it, and said with a smile.

As we all know, like other gems, pearls are the larger and rarer, and more precious. The size of pearls is expressed by their shortest diameter. Only those with diameters greater than 7 mm can be called large beads. The "seven treasures and eight treasures" mentioned by the ancients are "seven-part beads and eight-part treasures", which emphasizes the preciousness and rareness of large beads.

Generally speaking, whether it is breeding or naturally generated, the larger the diameter, the higher the value. The price of pearls will increase significantly for every 1 mm increase in diameter, especially when the diameter of pearls exceeds 7 mm, the price increase will increase. For high-quality southern yang beads, the price of each large 1 mm of the same quality will increase from 30% to 50%.

When Oliver heard the boss’s thoughts, he thought a little and understood the boss’s meaning of calling him over, and then said, “Boss, what is your psychological price? I’ll inform people in Los Angeles and ask them to take a photo.”

"Smart!" Arthur looked at Oliver with a smile on his face, nodding and admiring. You know, the only real estate investment management company in his property was to set up a management office in Los Angeles because it purchased Nicholas Cage's Los Angeles mansion, which was to maintain and supervise the mansion on a daily basis. This is also Arthur's only foreign office at present, so Oliver could guess the purpose of Arthur's telling him about this matter at once.

"This pearl is estimated to be between $300,000 and $400,000. I like it very much, so, take it!"

When Oliver heard Arthur say this, he had no psychological price and he must get it. He nodded with a serious expression and said, "I understand, boss, I will notify the people in Los Angeles and I will definitely take a photo for you."

"Yeah." Arthur nodded and nodded, then closed the newspaper, looked at Oliver and continued to ask, "I heard from the secretary that you have come to me before, is there anything wrong?"

"There is nothing important, I mainly want to report on the rental of the house to you," said Oliver.

"Tell me, I just want to listen to it and learn about the occupancy rate of my houses." Arthur smiled and picked up the coffee and tasted it slowly.

"Boss, in addition to those villas and the luxury apartments on the roof that are being renovated, there are 90 properties for rent, and the current occupancy rate has reached 90%. The rent in the first month totals 121,800 pounds." Oliver handed a document to Arthur and introduced with a smile.

"So many?" Arthur was a little surprised when he heard this number. Although it was 90 properties, it was really considerable to have a rent of 900 pounds per month in London, the current average monthly rent of 900 pounds was really impressive.

Oliver seemed to have expected the boss' reaction and explained with a smile: "Boss, you also know that London's high housing prices are world-famous. If it is based on the London minimum housing price standard, the three rooms in Area B share rentals will only cost 144 pounds per week, which is 576 pounds per month.

But, boss, the properties you buy are all in central London, and the average rent for a luxury apartment is about 500 to 600 pounds per week, and about 200 to 2400 pounds per month.

This is not the rent of those houses. The price we give is a fair market price, so the occupancy rate will reach such a high level in such a short period of time. Moreover, we have conducted a simple background screening for every tenant. Not to mention, we can have a reputation guarantee. At least, we don’t have to worry about these tenants destroying the house.”

After listening to these introductions, Arthur smiled satisfied and said, "It's done well. In this way, even if you deduct the loan and repay the loan, you should have a surplus, right?"

"There are still 9 units that have not been rented out. If they are all rented out, there will be a surplus of at least 20,000 to 30,000 yuan a month."

"Haha, it's already very good." Arthur was very happy to hear this number. Although he has long lost sight of him for 20,000 to 30,000 pounds a month, it has long been different from his other business.

With rent and loans, you can still make a surplus. For Arthur, this is not only a long-term profit, but also a killing of two birds with one stone. How can it not make people happy?

"By the way, how has the housing prices increased in London recently?" Arthur asked with a happy smile.

"The market is very good, and it has been rising all the time. House prices in two areas have risen by 100 pounds per square meter." Oliver reported with a smile.

Arthur was even happier when he heard these good news. He took out two cigars from the cigar box in the drawer, threw one of them to Oliver who was busy with the catch, and took out the crystal ashtray and matches, skillfully roasted the cigar, and then lit it himself, took out a mouthful of the cigar, and threw the matchbox to Oliver.

“House prices in London will continue to rise.”

Hearing the boss's assertion, Oliver nodded deeply and said: "As long as the supply shortage is not solved for a day, London housing prices will not stop rising for a day."

London is always the center of discussion in the UK real estate market, and its various performances in the real estate market have a huge and far-reaching impact on the entire UK real estate market. The long-term surge in housing prices in London is the driving force for the overall rise in housing prices in the UK.

The principle behind the rise in housing prices in London is that the supply chain of UK real estate is imbalanced during the subprime mortgage crisis, but the increasing number of UK population, especially new immigrants, has led to an imbalance in supply and demand in the real estate market. This phenomenon is particularly obvious in London.

As the international financial and political center, coupled with the unscathing housing prices in the past, it has been recognized as a paradise for investment and a safe haven for capital. This unique geographical location certainly attracts more and more real estate investment demand.

In this case, a very common economic phenomenon occurs and will continue, that is, the market will continue to adjust to the balance of supply and demand. When the supply of new housing is insufficient and the demand for purchases continues to increase, the only thing left is to watch the house prices rise.

"Oliver, do you know about the Celestial Empire?" Arthur asked with a sudden smile as he watched Oliver light the cigar.

"Huh? Tianchao?" Oliver frowned slightly, then shook his head and said to the truth: "Sorry, boss, I don't know much about Tianchao. It's limited to the Olympic Games in 2008, a few great relics. Besides, I also know that the economic development of the Tianchao over the years is very rapid, so I don't know anything else..."

Arthur nodded, not surprised by what Oliver said, which is already very good. In fact, most people in European and American countries have had an intuitive understanding of the modern Celestial Empire through the 2008 Olympics.

"After you go back, you can collect some information about the real estate of the Celestial Dynasty, especially from the Magic City. I am planning to set up a real estate investment company in the Celestial Dynasty to hoard some high-quality real estate. According to the news I learned from my friends, there is great potential for real estate in the Celestial Dynasty in the next few years!" Arthur exhaled a mouthful of smoke, narrowed his eyes slightly and raised his lips with a smile.

"Is the Magic City?" Oliver nodded in contemplation, then looked at Arthur and said, "Okay, boss, after I go back, I will arrange for people to collect information from the Celestial Empire. Will I recruit two Chinese employees who are familiar with the situation?"

"You can do this. At that time, I will set up a company in the Celestial Dynasty as my friend of the Celestial Dynasty to avoid some restrictions. Of course, my friend is named, and you understand the others." Arthur looked at Oliver and smiled meaningfully.

"I understand!" Oliver nodded with a serious expression.
Chapter completed!
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