On September 26, 2008, Lehman collapsed for a week, and the entire industry was waiting for death.
Chen Yanqiu, a staff member of the Urban Real Estate Investment Department, was reborn to this day.
What others saw was the doomsday, but what he saw was the answer seventeen years later: Four Trillion, V Rebellion, Earth King, Broken Chain, Thunderstorm. He turned every page.
This time, he wrote the answers in the meeting minutes in advance.
The machinery of state-owned enterprises is very slow: feasibility study, party committee, board of directors, one gate after another.
Private enterprises are very quick: acquiring land, launching business, doubling their business, and completing the journey that others take three years in one year.
He chose the slow one. Because he knows that every bit of speed is borrowed from elsewhere. The money borrowed, the land borrowed, and the relationship borrowed will all be repaid in 2026.
From section clerk to section chief, from owning an apartment to following investment dividends, no one listened to him, to "this guy's numbers can withstand audits."
Seventeen years later, those who experienced an industry overturn look back: In that office that year, there sat the only person in the industry who had turned over the trump card.
Reader comments
I can't stop watching it. It's so exciting [laughs]
I can't stop watching it. It's so exciting [laughs]
Each generation has its own real estate[Thoughts]