His own old man was strong and healthy, eating two or three bowls of rice per meal, with a remarkably good appetite.

Su Yehao didn't have much say in the family business.

All he could do was offer guidance, like when he recently advised his father to sell the building.

They went to look at the land, umbrellas in hand.

First, they looked at a plot of land in Haizhu, only eighty-odd mu planned for demolition, currently a shantytown with residents, full of life.

A vendor who plucked feathers for people had a large pot of asphalt set up in front of his shop. Slaughtered chickens and ducks were dipped into it, completely coated in asphalt. After cooling slightly, the feathers could be pulled off quickly, a practiced move.

The pungent smell made Su Yehao hurry away. He hadn't seen such a scene in many years.

Pheasants fluttered in their cages.

Next door, a fruit vendor was busy chopping coconuts.

Su's father was clearly not satisfied with the location, talking to an official, asking who was responsible for the demolition and resettlement work...

They looked for more than ten minutes.

Then they set off again, heading north.

Perhaps as a way to entice them, they visited land located at the junction of Yuexiu and Tianhe, one plot over two hundred mu, another over three hundred mu.

Some of the land used to be an old industrial area. Factories had gradually moved out in recent years, leaving lakes and chimneys on the wasteland.

When the secretary enthusiastically introduced the area with a map in hand, Su Yehao also leaned in for a look.

This map was different from those on the market. Different land uses were marked with different colors. The advance planning was already quite complete, with nearby hospitals and schools clearly marked.

Subway Line 1 was under construction, and Line 2 was being planned, but neither would pass through here for the time being.

Su Yehao was lost in a brainstorming session, disorganized and conflicted.

What he had over normal people was only foresight, a vague understanding of the overall direction, unable to fully grasp the small details and specific trends.

At this moment, he heard the secretary say that the price of new homes in the city had already reached over six thousand, and last year had even sold for over seven thousand.

The price was significantly higher than Su Yehao had expected. He hadn't seen these figures in the data.

The data only showed an average price of over three thousand yuan per square meter. Many old houses didn't have the concept of shared area, and came with yards and small buildings attached.

The internet industry was not developed, and it was difficult to find information. Su Yehao's understanding was limited.

In addition to this.

He unexpectedly learned that since the end of last year, the authorities had found the land market to be overheated and were now deliberately controlling the number of plots put up for auction to avoid a repeat of the bubble crisis on the South China Sea islands a few days ago.

There was little land being released, but many developers were emerging.

This meant that once they made a move to acquire land, the price might not be too cheap.

This was what he meant by not being able to grasp the small details.

The land price was estimated to reach three thousand five or six hundred. Adding the cost of construction, positioning it as high-end residential, the cost would probably be more than four thousand, twice as expensive as the selling price next door to Casino, 1997.

It would definitely make money, but it would probably take a few years to earn the profit that would satisfy Su Yehao.

Standing beside the newly built dead-end road, Su Yehao held an umbrella in one hand, his heart burning, but also a little uneasy. He interjected and asked, "The local housing prices are also quite high, almost catching up with Casino, 1997. Is it being driven up by the atmosphere of rising housing prices in Hong Kong recently?"

Knowing that this was Mr. Su's son, whose photo had appeared in the *Xin Lian Morning Post*.

The chief secretary in charge of accompanying them immediately smiled and said, "There is some of that factor, but mainly because there is demand in the market. Many properties are in short supply after development."

Don't think that these people are aloof.

When it comes to land auctions to alleviate financial pressure and attract investment, at the level of the Su family, they are already qualified to be given special consideration.

The chief secretary's tone was gentle and relaxed, and she continued to explain:

"In the past, housing relied on allocation, mainly old and small houses. Our economy has grown rapidly, and the original housing conditions can no longer meet the needs of many people. Banks have also cooperated to relax loan conditions. Non-locals can also settle down when buying a house, which has also attracted a large number of potential home buyers. These are the main reasons."

"Casino, 1997 is a good place, I have always been very longing for it. Judging from the scale of population inflow, our housing prices are still quite reasonable. The situation is different in different places."

"Housing prices in the city are high. This is a future new area with great development potential. Only some high-end new properties have high prices here. The average price is not comparable to that of Casino, 1997..."

Not only did she explain the rationality of high housing prices, but she also praised Casino, 1997.

No wonder she could be the chief secretary, responsible for accompanying and receiving guests. Her words were well-rehearsed.

Su Yehao was worried that he would buy at the halfway point and be affected by the overheated market environment. While nodding and smiling, he continued to ask:

"I heard you mention just now that you are controlling the number of land plots recently. This is certainly a good thing in the short term. But there are so many empty plots nearby, and there are so many old towns waiting for demolition in the city. Could it be that we have just acquired the land, and then a large number of plots will enter the market, driving down the price?"

"..."

The chief secretary was choked for a moment. After thinking for a few seconds, she said, "It's not like we can sell as much as we want. This needs to be sent to the higher authorities for approval. Releasing too much land at once will disrupt market order."

"Maybe it's to disrupt the market order, such as to deflate the bubble."

Su Yehao continued.

Undoubtedly, he was deliberately arguing because he felt that in this 1997, at the crucial point before the financial storm, it seemed that he should be more cautious and wait and see for a few months to avoid wasting money.

The two key pieces of information—one restricting the scale of land auctions and the other the price of new homes at six to seven thousand yuan—quickly diluted Su Yehao's impulse to acquire land as soon as possible.

While asking the chief secretary, he was also speaking to his father.

For his own old fox who had been in the business world for many years, Su Yehao believed that the old man could understand.

Sure enough.

Su's father's expression changed slightly, and he asked with a smile:

"My son has hit the nail on the head. My company has just emptied its properties in Hong Kong, leaving only an office building in Central. It doesn't make sense to withdraw one foot and then step into the mire with the other. It's no problem to invest here, but to avoid a sharp drop in prices, do you have any guarantees?"

"..."

The chief secretary didn't dare to speak rashly about such a question and glanced at her old superior beside her.

Only to hear this old superior with a Mediterranean hairstyle say with a smile:

"Mr. Su has raised a good son, young and promising, with a very agile way of thinking. I can say a few words here. Investment is a market behavior. It is certainly reasonable to want a safety net, but I don't have that authority. The price of land is mainly determined by the auction market."

Su Yehao spoke again: "I saw in the data that a document called *Measures for the Disposal of Idle Land* has been issued, giving the right to take back the land free of charge if construction does not start within two years?"

"Yes, this is to prevent people from acquiring land without developing it, only reselling the land to earn the difference, maliciously raising land prices."

Hearing this, Su Yehao smiled.

Enclosing the land, symbolically finding a few machines and workers, and only digging a foundation over several years, wouldn't that also be development?

Pure land speculation would have to wait, which would take too much time, and there would be no way to directly mortgage loans to snowball and grow, which would certainly not be in line with the "original intention of maximizing profits." The only advantage was stability.

He looked at his father and suddenly had an idea.

Since pure land auctions are too expensive, why not change the way of thinking, jump out of the land auction, and talk directly?

Su Yehao looked at the large area of land in front of him and suddenly had some clues. He said again:

"Don't worry about this. Our family will definitely develop the land. I am also very optimistic about this place. It is green, and there are ponds. It saves the cost of artificial lakes. It is a treasure trove of feng shui."

"Anyway, the auction will not be held until August. We will participate at that time. Whether to buy or not depends on the situation. There are no schools planned within three kilometers, which is a disadvantage."

"If we can attract famous foreign schools to open a top private school here, and then build shopping malls, subway stations, and hospitals around the school, I feel that we can build a boutique tourist town. Integrating residential, commercial, and tourism, covering an area of about two thousand mu. It is a pity that the investment amount is too high, probably thirty to forty billion. I heard that the current investment promotion is strong. If a large amount of funds is needed for loans, are there any preferential support policies?"

After Su Yehao finished speaking.

The old superior and his secretary's eyes lit up, and they subconsciously glanced at Su's father.

Wow!

Two thousand mu, what a big appetite! And so rich!

They thought they guessed something.

Let the son speak about inconvenient topics, take the opportunity to bargain and make requests, which is reasonable.

The chief secretary's face smiled with wrinkles, fearing that the thirty to forty billion investment would run away, she quickly asked:

"Young Master Su, if I remember correctly, you are studying at a top noble school in Casino, 1997, right? We have policy support for introducing this kind of school. I have learned about that Donghuang Group. It is also very strong. There is also support for loans. As long as the investment scale is in place, the planning on this picture can also be appropriately adjusted. For example, this small park, moving the park next to it and using the land to build a school is also possible..."

Seeing his son talking eloquently with others.

Su's father looked at the pond overgrown with weeds, the dilapidated old red brick factory buildings, and the weeds all over the ground, lost in thought—where could he see that the feng shui was good?

Also, why did he have a feeling of being usurped?

He felt offended.

He couldn't figure out how he was suddenly decided by his son to promise to participate in the land auction in August?

Moreover, he just wanted that piece of land.

Why did the topic naturally shift to investing in shopping malls, relocating hospitals, and adjusting subway lines around private schools?

What exotic British-style towns, what the largest Ferris wheel in the province.

He looked deeply at Su Yehao.

Su's father felt that his son was indeed a good hand at armchair strategy and had to be beaten again.

Otherwise, he might be even more powerful than Young Master Qiu. This ambition was simply terrifying.

...