Reborn Sells Instant Noodles In America
Chapter 370: career peak
Latest website: The recession that lasted nearly 10 years after the US real estate market bubble burst in 2016 has finally eased, and it has returned to an upward trend again. With the recovery of the real estate market, investment in US real estate has also become a recent hot spot for investors.
From a long-term investment perspective, in fact, the appreciation of residential real estate is obviously much faster than inflation.
That is to say, in this low-interest period, paying a mortgage is more affordable than renting a house, and the return on investment is more economically meaningful, making anyone want to invest in real estate, including those who want to buy a house and live in one floor.
In other words, buying a set and living in a set is the main reason why Lin Zidan chose to buy a house with two or three families when he was buying a house against the market.
According to the Standard & Poor's Case-Shiller House Price Index, in November 2016, house prices in the 20 major U.S. cities rose by 5.3% year-on-year.
Investors also maintain a high degree of investment enthusiasm for rental apartment assets. Some buyers use rental income directly to repay loans without any pressure at all, not to mention the unemployment rate in the United States this year,
Both personal homeownership rates have fallen, which has provided favorable support for the development of rental apartments and greatly enhanced people's confidence in buying houses!
The apartments that Lin Zidan had invested in the East Bronx not only rose by nearly one-third, but rents also went up. All the real estate resources that he had not dared to let go of before were also put on the market this year. Got a very good price.
In the third quarter of 2016, there were about 1,000 new condominiums for sale in the Manhattan market, which was at a historically low level, and the stock was within the digestible range of the market.
The stock of second-hand condos for sale was about 5,200 units, down 1.4% from the previous quarter, and the median sale price of condos in Manhattan was 1.6 million per unit, up 6.7% from the same period in 2015.
Newly built condos for sale performed the most, with a median price of 4.2 million per unit, up 100% year-on-year.
In 2016, some domestic investors or private real estate investors that Guangxi Yuan cooperated with Lin Zidan bought nearly 100 sets of single-family villas and high-end residences from their company.
This is also the year with the best performance of Lin Zidan's real estate company since its establishment, which may be the main reason why Hu Enming can take advantage of it, because the growth rate of performance is so amazing that people who have never dealt with so much money are jealous Heartwarming.
This year, the stocks in Lin Zidan's hands, except for the one acquired from the old George's house, grew slowly, and the other stocks also made good returns, and the gains were gratifying.
Apple's stock fell slightly this year, closing at only $110.38 at the end of the year, but it rose sharply at the beginning of the year, and it had risen to about $132 in early February;
Instead of dying gradually, the closing price rose to $115.05 by the end of the year, and the opening price also rose steadily after the year, rising to more than $130 in a month.
Lin Zidan holds 100,000 shares in both Guge and Amazon. These two stocks are Lin Zidan's best-performing stocks. They both start from $800 at the beginning of the year and rise by dozens of dollars in a month. !
By the beginning of 2017, Lin Zidanguang's total capital in stocks has reached as much as 200 million US dollars.
In addition to his movable and immovable properties, as well as low-rent apartments and commercial buildings with an investment of 300 million yuan, Lin Zidan's net worth is obviously on the verge of being included in the Forbes rich list!
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Lin Zidan was busy from November of the previous year to February of the following year, and taking the time to build a luxurious wedding, sometimes he was so busy that he didn't even have the time to chat with Zhang Jing in China.
Grandpa Lin knew that Lin Zidan was busy, so every time he talked with Lin Zidan, he would just talk a few words and urge him to do his own business.
During this time, Emma was rarely like a little daughter-in-law at home, keeping the house in good order, not making noise or making trouble, and always trying not to disturb him.
After New Year's Day, I went on a vacation to Florida with my nanny, my two children, and Ivani.
Although the two little guys seem to be a little tanned, they both seem to be enjoying their first air trip.
"I'll go, if I knew you were so busy, we wouldn't be here so early this year!"
In order to catch up with Lin Zidan's two children's second birthday, Zhang Jing flew over from China after the Spring Festival. Who knew that Lin Zidan didn't have time to pay attention to him after he arrived.
"Oh, who made me work so hard, I knew that I heard your return to China to invest in the entertainment industry. You are so bright, you must have made a lot of money in the past two years, right?"
While Lin Zidan signed out the documents in his hand, he smiled at Zhang Jing with a relaxed face.
"Hey~ I'm just making a little money, haha~" Zhang Jing smiled humbly,
Then he couldn't help but whisper:
"I told you a long time ago that the current domestic investment environment is really not built, it's much better than going abroad, at least you don't have to work all day like you, and there are more opportunities. I have made money in the past two years. All the money was invested in real estate.
There are also loans. I set up a credit company with a buddy, so the money is not money at all. Let me tell you, the profits are like running water.
Modesty is not Zhang Jing's character originally. Now that others are in the United States, even if they try to be low-key and low-key in the country, they want to chatter even more after they come out.
Regarding credit, Lin Zidan has indeed heard about it online. It is said that in 2016, China's share of total global credit was close to 25%, up from 5% ten years ago.
China's non-financial debt has grown from about $3 trillion at the end of 2005 to nearly $22 trillion so far, while banking system assets have grown six-fold over the same period to more than 300 percent of GDP.
In 2016 alone, net credit grew by more than $3 trillion, still about twice as fast as nominal GDP.
But some economists have pointed out that this rapid growth is often accompanied by increased pressure on the domestic banking system. About one-third of credit booms end in financial crises, and another third result in later-stage economic growth below the long-term trend.
"Credit is also considered risky investment. It is easier to make money, but if you don't like to listen to it, you have to know how to close it when you see it. Just like buying stocks, there are highs and lows."
Lin Zidan put away the things on the table, put on his jacket on his seat and stood up. The two families made an appointment to have dinner together, and Zhang Jing came to urge him to leave quickly.
"This is natural, although it is said that if you made a profit last year, you may not lose money this year, but you still need to have some precautions. There is a buddy who still wants to invest in shares at this time. I told him that it will be dawn when you touch your pillow! Haha~ "
After Zhang Jing finished speaking, he laughed happily~lightnovelpub.net~ Although spring in New York is always so short, it finally came, with a little bit of a hard-to-play feeling, it was warm and cold at first.
The wedding of Lin Zidan and Emma was finally set for mid-April, their favorite season. Spring is blooming and everything is recovering, like a blessing to their beautiful married life.
Grandpa Lin, Grandma Lin, and the wonderful Lin Musen family flew over at the end of March, euphemistically, to feel the spring in New York.
From the moment they got off the plane, Lin Zidan's life became even more hectic. Although he had expected it in his heart, it was inevitable that Lin Zidan would be sweating when it came to him. Li Manrui's temper was on Chen Qingqing's temper.
It was amazing, beyond words! In order to allow everyone to wait for the wedding to be held smoothly, Lin Zi really put a lot of thought into this time!