I Am a Nobleman in England

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 on the world's second largest pearl.

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

"Yeah, it's 15 centimeters in diameter, such a big one, it's definitely a treasure in nature, so I want to take a picture of it!" Arthur took the newspaper that Oliver handed back, looked at the photo of the pearl on it, said with a smile.

As we all know, like other gemstones, pearls are bigger, rarer and more precious. The size of a pearl is expressed by its shortest diameter, and only those with a diameter greater than 7mm can be called a big pearl. Rare.

In general, the larger the diameter, the more valuable it is, whether farmed or naturally occurring. The price will increase obviously for every 1 mm increase in the diameter of the pearl, especially when the diameter of the pearl exceeds 7 mm, the price increase will become larger. For high-quality South Yang beads, the price will increase by 30% to 50% for every 1 mm diameter of the same quality.

Oliver heard the boss's thoughts, and after a little thought, he understood the meaning of the boss calling him over, and then said: "Boss, what is your psychological price, I will inform the people in Los Angeles, and let them take pictures."

"Smart!" Arthur looked at Oliver with a smile on his face, nodding his head and appreciating, you know, only this real estate investment management company, because of the purchase of Nicolas Cage's Los Angeles mansion, is in his industry. A management office was set up in Los Angeles to maintain and take care of the mansion on a daily basis. This is also Arthur's only foreign office at present, so Oliver could immediately guess the purpose of Arthur telling him about this matter.

"This pearl is estimated to be worth between ten thousand dollars. I like it very much, so take it!"

When Oliver heard what Arthur said, that is, there was no psychological price and he must get it, he nodded solemnly and said, "I see, boss, I will notify the Los Angeles side, and I will definitely take pictures for you."

"Yeah." Arthur nodded and hummed lightly, then closed the newspaper, looked at Oliver and continued to ask, "I heard from the secretary that you came to see me before, what's the matter?"

"It's nothing important. I mainly want to report to you about the rental situation of the house." Oliver said.

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

"Boss, apart from the few villas and the luxury apartment on the top floor that are being renovated, there are a total of 90 properties for rent, and the current occupancy rate has reached 90%. The rent for the first month is 121,800 pounds. "Oliver handed a document to Arthur and introduced it with a smile.

"So many?" Arthur was a little surprised when he heard this figure. Although it is 90 properties, considering the current average monthly rent of 900 pounds in London, a rent of 120,000 pounds is really impressive. up.

Regarding the boss's reaction, Oliver seemed to have expected it, and explained with a smile: "Boss, you also know that London's high housing prices are world-famous. People need just £144 a week, or £576 a month.

but,

Boss, the properties you bought are all located in downtown London. The average rent for a luxury apartment is about 500 to 600 pounds per week, and about 2,000 to 2,400 pounds per month.

This is not counting the rent of those detached LI houses. The price we give is a relatively reasonable market price, so the occupancy rate has reached such a high level in such a short period of time. Moreover, we have also conducted a simple survey on each renter. Background screening, not to mention credit guarantees, at least, we don't have to worry about these tenants destroying the house. "

After listening to these introductions, Arthur smiled with satisfaction: "You did a good job. In this way, even after deducting the loan repayment, there should be a surplus, right?"

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

"Hehe, it's already pretty good." Arthur was very happy when he heard this number. Although for him now, a monthly income of 20,000 to 30,000 pounds has long been looked down upon, but it is different from his other businesses. meaning is completely different.

Renting for loans, and there is still a surplus. For Arthur, this is not only a steady stream of income, but also a business that kills two birds with one stone. How can it not make people happy.

"By the way, what's the recent increase in housing prices in London?" Arthur asked with a happy smile.

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

When Arthur heard the good news, his originally very good mood became even happier. He took out two cigars from the cigar box in the drawer, threw one of them to Oliver who was busy catching it, and took out the crystal ash himself. He grilled the cigar skillfully, then lit it himself, took a puff of the cigar beautifully, and threw the matchbox to Oliver.

"House prices in London will continue to rise."

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

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

The reason behind the rise in house prices in London is that the supply chain of British real estate was out of balance during the subprime mortgage crisis, but the continuous increase in the British population, especially new immigrants, has led to an imbalance between supply and demand in the real estate market. This phenomenon is particularly evident in London.

As an international financial and political center, coupled with the fact that housing prices have not fallen in the past, it has been recognized as a paradise for investment and a safe haven for capital. Such a unique geographical location certainly attracts more and more demand for real estate investment.

In this case, a very common economic phenomenon has appeared and will continue, that is, the market will continue to adjust towards the balance of supply and demand. When the supply of new listings is insufficient and demand for homebuyers continues to increase, all that's left to do is watch house prices rise.

"Oliver, do you know anything about the Celestial Dynasty?" Arthur asked with a smile while watching Oliver light his cigar.

"Huh? China?" Oliver frowned slightly, then shook his head and said honestly: "Sorry boss, I don't know much about China, only the 2008 Olympic Games, a few great relics. Besides, I still know about China's economy in these years The development is very rapid, and I don't understand the others..."

Arthur nodded. He was not surprised by what Oliver said. This is already very good. In fact, most people in Europe and the United States only had an intuitive understanding of the modern Chinese dynasty through the 2008 Olympic Games. .

"After you go back, you can collect some information about China's real estate, especially Shanghai's. I plan to set up a real estate investment company in China to hoard some high-quality properties. According to what I heard from my friends, in the next few years, The real estate of the Celestial Dynasty has great potential!" Arthur exhaled a puff of smoke, narrowed his eyes that had become extremely bright, and smiled with the corners of his mouth raised.

"Magic City?" Oliver nodded thoughtfully, then looked at Arthur and said, "Okay, boss, after I go back, I will immediately arrange for someone to collect information about the Celestial Dynasty. Do you want to recruit two Chinese employees who are familiar with the situation?"

"You can figure it out. At that time, I will set up a company in China as my friend in China to avoid some restrictions. Of course, I don't care about other things, you know. Right." Arthur looked at Oliver and smiled meaningfully.

"Understood!" Oliver nodded solemnly.

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