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The rich are trapped in skyscrapers.
Source | Real Estate Wind

Wen | Insider Jun

It's too cold at the top, and the rich don't believe in evil.

1

1999, at the turn of the new century, German economist andrew lawrence put forward a new theory:

Skyscrapers are built and the economy is overheated; Skyscrapers have been built and the economy has declined.

According to the theory, every time a building refreshes the height of the world, it will generally be accompanied by the global economic recession, and many times, there will be a crisis where high-rise buildings are built.

For example, from 1929 to 193 1, three skyscrapers were erected in new york, including the Empire State Building, and then the Great Depression started in the United States and eventually spread to the whole capitalist world.

For example, 1996, the Petronas Twin Towers in Kuala Lumpur are capped, and 452 meters hold the world height. It wasn't long before the Asian financial turmoil came and Malaysia was involved.

At the beginning of 2009, the Burj Dubai, which has been built for five years, announced its final height of 828 meters, ranking first in the world. At the end of the same year, Dubai debt crisis broke out and European stock markets plummeted. ...

Therefore, Lawrence suggested that we should predict the economic recession according to the "skyscraper index".

Skyscrapers control the economic cycle, and some people call this phenomenon "Lawrence curse". In this regard, Zhang Yue, who had planned to build the world's tallest building in the suburbs of Changsha, said:

Nonsense.

Zhang Yue said that high-rise buildings don't mean anything else. A tall building is just a tall building, so is the cost of a dozen buildings. He said this on 20 13, and many cities in China are building high-rise buildings in full swing:

Beijing, plans to start construction of CITIC Tower with a height of more than 500 meters; Shenzhen, Ping An Financial Center is under construction, with a total height of 599.38+0 meters when it is finally completed; Shanghai, the structure of Shanghai Tower was capped and finally fixed at 632 meters.

Big cities pursue height and passion, even small cities are unwilling to be lonely.

Many Jiujiang people saw a news that Jiujiang was going to build the tallest building in western Jiangxi.

I don't know what people in Jiujiang think, but Jiujiang leaders are very excited anyway.

On 20 13 12.30, Jiujiang leaders took four teams to Bali Lake to attend the groundbreaking ceremony of Jiujiang International Financial Plaza project, including this "tallest building"-International Financial Building.

Rendering of Jiujiang International Finance Building

At the ceremony, the mayor spoke on behalf of the government and said "three most":

The mayor said that the completed financial building will be as high as 333.33 meters, and the main building will have 77 floors, which will become the tallest building in the province and one of the few in the central region.

It is 30 meters higher than the Nanchang Twin Towers under construction.

Lin Duansheng, the owner of Oriental Ye Wei, the investment subject of this project, is from Fujian. He was famous at that time. Many complexes have been built and are under construction in Fujian, Shanghai and Jiangsu. According to their own account, there are as many as 28. Some media called Lin Duansheng "the pilot of commercial real estate in Fujian".

But this pilot let the leader down too much.

In the past seven years, the tallest building in Jiangxi was not built in the financial building, and the project swung back and forth between shutdown and resumption of work. According to the previous statement of Jiujiang Jiulihu New District Management Committee, the project construction progress is not satisfactory, and one of the important reasons is that the funds cannot be put in place in time.

A Jiujiang cousin said that he was wrong from the beginning.

"What is the practical significance of Jiujiang and Nanchang competing for' the first in the province'? Build it, don't look for big companies. Let small companies invest, once the capital chain breaks, it will only waste people and money. "

Skyscrapers may not affect the economic cycle, but they may bite enterprises, especially those with weak foundations. Now there are no legends about the great achievements of the East and Lin Duansheng in the Jianghu.

Zhang Yue doesn't believe in the "Lawrence curse", but high-rise buildings are enough to trap the rich.

2

Xiamen, opposite Gulangyu Island, on the bustling Lujiang Road.

1997 A planned building has not yet been completed.

In 20 10, Li Shoujiang, a 42-year-old Fujian native, spent 2 billion yuan to buy this unfinished project that was almost forgotten by Xiamen people for many years. Everyone says that this young man is really courageous.

Because before he took over, the project was "blind date" for four years, and the government helped to attract investment in Beijing, Tianjin and Fuzhou, but no one found a suitable "object". At the lowest time, the "engagement fee" was only 500 million, but no one came to propose.

Li Shoujiang took the plate, and Xiamen Planning Bureau was relieved. A person in the bureau said, we are happy to see it, otherwise the project will have a bad impact in a prime location.

Formerly known as Xiamen Post and Telecommunications Building, this building was originally planned to be 249.7 meters high with a total height of 342.2 meters. When completed, it will be the tallest building in Xiamen and Fujian.

But not long after planning, the problem came. 1998 post and telecommunications were separated, and the "first height" was placed under the postal system. The postal service worked hard for five years to build eight floors, and then said it had no money, leaving a mess for the sea breeze to blow for seven years.

When Li Shoujiang took over, his name was not Li Shoujiang, but Li Rongxin. His company, Peng Jing International, is also called Yongrong Group, and its main business is electric power. Later, the project was renamed "Xiamen International Center" with a planned total height of 339.88 meters.

The picture of Xiamen International Center (left) comes from Xiamen Radio and Television Station.

Who would have thought that the building was built and Li Shoujiang had no money?

During the BRICS meeting in Xiamen in September, 2065438+2007, skyscrapers once again lingered on the edge of rotten tails, and a row of egrets rose into the sky outside the building, which was beautiful in CCTV live footage. This is the last highlight of the Lee era.

A few months later, the front of the building was painted by creditors, and the red characters read:

Li Shoujiang gave me back my hard-earned money.

Others, under the banner of safeguarding rights, said that "Li Shoujiang of Peng Jing Group cheated thousands of people of Gai Lou". It turns out that the P2P platform in Li Shoujiang has closed down, and investors have no way to cash it.

Li Shoujiang switched to finance on a large scale around 20 16, and the company and my name were changed at that time. Dog egg said that he knew when he was a child that "you can't change your name, and you can't change your surname after sitting." Boss Li changed his name when he was old, and it is estimated that he was calculated by the master.

Changed his name but didn't change his life.

The media revealed that Donghong Finance and Jinhe, which are related to Li Shoujiang, are suspected to be self-financing, and some funds flow to Xiamen University International Center. No wonder some people say that he cheated Gai Lou.

Investing in this "tallest building", Li Shoujiang not only took out 2 billion of its own funds, but also borrowed 4.6 billion from banks. Dangerous building 100 feet high, with a large fund pit. The strength is not allowed, so you were abducted?

In a word, "the tallest building in Xiamen" failed again.

20 18 10, Xiamen intermediate people's court issued an enforcement notice to Li Shoujiang, with the following contents:

As your whereabouts are unknown, you are now subject to a consumption restriction order according to law.

Before the skyscraper was built, Li Shoujiang was submerged in the world of mortals.

three

After a while, the tallest building in Xiamen and its sub-tower will change hands as a whole, in the form of public bidding.

Regarding bidders, the requirements this time are much higher than ten years ago:

The controllable funds are at least 5 billion, and it is not enough to have money, but also to talk about qualifications. It is best for the bidders to be the top 500 real estate development enterprises in China, especially the central enterprises and the top 500 enterprises in the world.

In the past 23 years, the house price in Xiamen has risen 20 times, but there is no whole building, which is really painful. Now they understand that "recruiting a son-in-law" cannot be sloppy.

Dog egg said, it's a pity that Jiujiang people haven't understood it.

At the end of last year, Balihu New District went to Beijing to hold an investment promotion meeting. At the meeting, they formally signed the 359-meter-high Gemini project Jiujiang Wisdom Building.

The financial building "the tallest building in Jiangxi" has not been fully understood. This time, their goal is even higher: they want to build the "tallest" Twin Towers in China.

The investor we are looking for is a company called Jinliyuan. On the company's official website, Jinliyuan listed 19 businesses, including real estate development, minerals, automobiles, finance, internet, enterprise planning, film and television, wine industry and catering. So diverse, the richest man "Ermayina" didn't dare to look at it.

Official website also said that the company has more than 2,000 employees.

Zhou Zihan, the boss of Jinliyuan, was the manager of Jiujiang Tobacco Labor Service Company 30 years ago.

When Zhang Yue wanted to build the tallest building in the world, Yin Zhi, a professor at the School of Architecture of Tsinghua University, said it might be a scam.

Dog egg said that he also sweated for the people of Jiujiang. Hu Jianren Linduansheng didn't escape, but later he bumped into Jiangxi cousin Zhou Zihan.

Zhang Yue, the boss of Yuanda Company, which owns China's first private jet, was also asked about the capital chain, but it was more technical.

Because he said it would take seven months to build an 838-meter-high "city of the sky" in Changsha, which is the Roy Tower. This height is higher than Burj Khalifa 10 meter, but other construction periods are more than 5 years.

Conceptual sky city

Therefore, many people say that Zhang Yue is an idiot. In the face of doubt, Zhang Yue domineering responded:

There is nothing I can't do.

At the same time, he wrote a long article entitled "Positive Energy in the City of the Sky", with more than 3,000 words responding to eight major questions from the outside world. Regarding "the short construction period of seven months is hype", the article lists a bunch of figures to prove its strength:

More than 20,000 workers from Yuanda Kejian Company and outsourcing factory worked in the factory for 4 months, and more than 3,000 workers installed it on site for 3 months. It took more than 200 man-days to build 960,000 square meters of above-ground buildings, which is very abundant.

Zhang Yue's strength comes from the rapid construction technology developed by Yuanda: prefabricated buildings in the factory and then installed on site. 20 1 1 year, they built a 50-meter-high "new ark hotel" in six days.

Dog Egg said that if this black technology can be used in housing, Zhang Yue will properly become the richest man in the world, because housing enterprises will "OMG buy" with their eyes closed.

A professor of civil engineering in Tsinghua University broke the idea of dog eggs. He said: The biggest problem with this prefabricated building is that it may leak water after a long time.

four

Many people dare not live in the house that will be built soon. Zhang Yue said that when the Sky City is completed, I will live in it.

"At the same time, let the whole family live in."

Seven years later, only that brave word echoed in Changsha people's ears. It is said that this land has been reclaimed.

Zhang Yue has been an extraordinary person since he was young. Indeed, he "has nothing I can't do".

In 1980s, Zhang Yue worked as an art teacher in a middle school in Chenzhou. After teaching for several years, I quit when I felt bored, and engaged in research and development with my brother who graduated from Harbin Institute of Technology. A liberal arts student just likes engineering.

After that, the two brothers earned their first bucket of gold by developing pressureless boilers, and then developed the first direct-fired engine in the domestic central air-conditioning industry. 1992, they founded Yuanda Air Conditioning and began to reach the peak of their lives.

1997, the sales of Yuanda air conditioners reached 2 billion yuan. That year, Zhang Yue got the first private helicopter driver's license in China (Chinese mainland) and bought a helicopter by the way, becoming the first rich man in Chinese mainland to own a private jet.

Other rich people like to buy cars, while Zhang Yue likes to buy planes, up to seven. He said, "I enjoy an extraordinary sense of beauty when I fly, just as I am relaxed and free when I fly with my wings."

It's a pity that the city of the sky hasn't been built yet, otherwise it will live on the highest 202nd floor, and Boss Zhang will fly every day. You can pick the stars with your hands and sing a song when you are in the mood:

Wang Shi and Zhang Yue

Zhang Yue doesn't like to call himself an entrepreneur; He always thinks of himself as an inventor. When his good friend Wang Shi retired, he called Wang Shi to be the chairman of Yuanda and said, "I am the CTO when you come, just researching and developing."

Wang Shi likes to challenge the limits. Zhang Yue said that he prefers to live slowly, for example, eating a meal for three hours.

It is such a man who doesn't like fast, and has had an 838-meter-high architectural dream since 7 months.

But the dog egg wants to say that dreams are made, not invented.

five

The tall building is 100 feet away today, watching the beautiful city cry.

Pan Sutong, once one of the top ten richest people in Hong Kong, was much more frustrated than Zhang Yue, and didn't wake up until he was halfway through his dream. And the funds have hit tens of billions.

Stop work, resume work, stop work, resume work, cool ...

Ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha.

At the beginning of 2007, Songri Holdings first bought a group of plots in the center of Tianjin Xiqing District and Binhai New Area for 2 billion yuan, and won two nearby plots at 20 10. Songri Holdings became Yin Gao Real Estate.

In Yin Gao's eyes, with the coordinated development of Yangtze River Delta, Pearl River Delta and Beijing-Tianjin-Hebei, Tianjin will surely ride the wind and waves and become an international new city.

Pan Su imagined Tianjinwei's infinite potential, and combined with his personal interest in "love horses", he felt that this land should develop three major functions: central business district, high-grade residence and international polo club.

Buildings under construction 1 17

Among them, a super-high-rise office building is planned in the central business district, with a structural height of 596.5 meters, which is second only to the structural height of Burj Dubai 60 1 meter. It will be the tallest building in China and the second in the world.

Pan Sutong, a native of Guangdong, made a fortune as a Panasonic OEM in Japan and was obsessed with all kinds of luxurious lifestyles. He was called the "nouveau riche" and dreamed that skyscrapers would fail.

The Book of Changes thinks that odd numbers are yang, even numbers are yin, and yang represents vitality and creativity, so Pan Sutong called this building "117th floor".

Facts have proved that it stands for "hard work".

six

Since the construction of Building 1 17 began in 2008, two questions have been hanging in the public eye.

One is when the building will be completed.

It took them four years to complete the basement, three years to complete the structural capping, and then six years to struggle with the rumors that the capital chain was broken, unfinished and taken over.

Another question is, does Pan Sutong have money?

20 14 Forbes hong kong rich list, the threshold of the top 50 net assets is 10 billion dollars, and pan Sutong is unknown on the list. However, in just one year, Pan Sutong ranked 1 1, with assets of 6 1 billion dollars. In the 20 16 list, Pan Sutong even entered the top ten, ranking sixth with assets of 122 billion US dollars, second only to the "four big families" and Liu Luanxiong.

It's too psychedelic. Hong Kong stocks destroyed the myth of making wealth.

In the summer of 20 14, the total market value of Pan Sutong's two listed platforms, Yin Gao Finance and Yin Gao Real Estate, was only HK$ 30 billion. By May 20th, 20 15, their market value has reached 300 billion.

It's too psychedelic, and Hong Kong stocks have broken the myth of making wealth.

On May 2 1 day, two stocks in Yin Gao plummeted, and the company's market value plummeted. In one day, * * * evaporated120 billion Hong Kong dollars. According to Pan Sutong's individual shareholding, its wealth has shrunk by HK$ 87.7 billion a day.

Some insiders bluntly said that the hype is too strong, and if it goes up, it will naturally fall.

At its peak, the market value of Yin Gao real estate was HK$ 1000 billion, which was once more "valuable" than Evergrande and Longhu. However, the dog egg is very puzzled: there is only one real estate project in operation of the 100 billion high-tech bank, with total assets of only 30 billion, and the annual operating income of 20 13 is only 2.794 billion.

Before the market value of Yin Gao real estate soared, the scale was about HK$ 654.38+06 billion, which did not prevent Pan Sutong from shouting slogans:

The investment of Tianjin project is 654.38+0 billion USD.

Value shrinks, wealth plummets, Pan Sutong disapprovingly said:

A truly rich person doesn't count how much money he has every day. You'd better remove my name from the rich list.

Then on 20 16, he turned to China Xinda to borrow 9 billion yuan to build a building, and on 20 17, he borrowed from Changshi 102 billion to pay off his debts, with an annual interest rate as high as 8%.

Three months ago, it was discovered that Pan Sutong, a "really rich man", owed Cinda 65.438+0.5 billion yuan and was sued by Cinda.

Due to the funding problem, the project construction progress is slow.

Without Lawrence's curse, the ambition of the city and the ambition of the rich are still trapped in skyscrapers.

seven

Pan Sutong once thought, "Three or four hundred years later, people will ask who built this? They knew it was built by Pan Sutong.

A former leader of Tianjin once imagined that "this building will put the city on the world map".

Zhang Yue said that the city of the sky will be the most desirable place for human beings.

These stories are beautiful, just like Disney fairy tales. But middle-aged dog eggs have long understood:

Fairy tales are lies.