"But if housing prices fall, homeowners might come looking for trouble, finding all sorts of excuses to ask you to cancel the deal..."
"Shops and hotel office buildings, on the other hand, are properties we hold onto. The investment is substantial, and the return rate isn't particularly high, with a long cycle for capital recovery."
"The advantage is stability, a steady trickle indeed; plus, if land prices were to rise later, that surplus value would be all yours. Who knows, after holding onto it for over a decade, a project worth five or six billion now could be worth hundreds of billions then!"
"All I can say is that each has its pros and cons."
"If conditions allow, meaning the land acquired is sufficiently large, then Zhang Xiaoxi knows how to adapt as well, developing both a commercial plaza and commodity houses."
"That way, use the commodity houses to recover capital, and hold onto the commercial plaza to manage slowly over time."
