Becoming a Russian Oligarch After Rebirth
Chapter 1131 - 965 Who is it_2

Chapter 1131: Chapter 965 Who is it_2

It could only be said that those who bought houses made a "selfless" contribution to the national development!

High prices were charged for lands everywhere. Once the money was received, it was immediately invested in urban construction, infrastructure, public transportation, education, and medical services.

All of these required a massive amount of funds.

Relying solely on steady economic growth and slowly accumulating tax revenue, it was impossible to achieve such fast development speeds.

Behind the high housing prices were the multitudes of homebuyers, who used their families’ savings for two generations along with their incomes for the next twenty to thirty years to drive national progress...

It sounds a bit sad and a bit funny, but in that environment or at that point in time, the country had no better option.

If one were to delve deeper, some things are better left unsaid; one could only say that every generation is born with a mission!

Even if it meant hardship for one or two generations, if they could just grit their teeth and get through it, it could be considered a benefit to future generations.

Thinking about it this way, perhaps many would feel more at peace...

Mayor Zhang was stunned by Wang Ye’s words!

Housing prices of fifty thousand...

Or even higher!

Could Peng City even dare to imagine this?

What level of urban development would be required to reach these housing prices? It was almost catching up with neighboring Xiangjiang!

Maybe it would take twenty or even thirty years to reach this goal...

If everything went smoothly, that is!

....

The approach that Wang Ye was about to discuss next could indeed be described as a "dragon-slaying technique"!

In fact, it was also a developmental strategy that Peng City had explored in the "previous life", even if he didn’t mention it now, Peng City would end up following this path in another two years.

Don’t forget, our country is full of capable people, especially in the political arena, where the true elites are certainly not few!

In Western countries, elites become lawyers, doctors, and work in finance, but domestically, many elites choose to enter politics, and that’s the difference...

The reason why it’s called a "dragon-slaying technique" is that this approach is only suitable for Peng City.

Peng City alone has the suitable policies, location, and the overall environment.

All these elements are indispensable!

Besides, Peng City’s foundation is too weak, if it wants to develop rapidly, it can only take this path.

Unlike the capital or Shanghai, those cities have such strong foundations they can afford to accumulate slowly and make steady progress.

Ignoring Mayor Zhang’s astonishment, Wang Ye continued on his own:

"To drive up housing prices is actually not difficult.

Take Peng City for instance; it already has very favorable investment policies which relatively attract more foreign investments.

But that alone isn’t enough!

I think we can also appropriately lower the prices of industrial use land, simply to make the operational costs of big companies setting up in Peng City even lower!

Similarly, the land for constructing office buildings can also be largely and inexpensively provided.

However, the land for residential construction could be supplied in reduced amounts and sold at higher prices!"

Mayor Zhang was a bit slow to react, just now he was discussing raising land transfer rates, and now he is talking about lowering the prices for industrial and commercial land, and even reducing the residential land area...

What exactly is he selling in this gourd!

Zhang Xiaoxi, attentively listening by the side, also had not grasped the reasoning and could not help but ask:

"But...

Does this not mean that the city will receive even less in land transfer fees?

And on one hand, you lower the prices for industrial and commercial land, while on the other, you raise the prices for residential land. Will developers be the big fools to buy your expensive residential land?"

Mayor Zhang nodded vigorously; the question asked by Zhang Xiaoxi was exactly what he too had not understood.

He had been too embarrassed to ask, but now Zhang Xiaoxi had asked it for him.

Upon hearing this, Wang Ye smiled slightly and said, "With the favorable policies and low operational costs, wouldn’t investments naturally increase?"

Mayor Zhang and Zhang Xiaoxi both nodded, there were no disagreements on this issue.

Originally, Peng City already had a significant advantage in attracting investments, after all, it is a ’special zone’ and is adjacent to Xiangjiang, a ’window’ that communicates with the world, thus Peng City has become a foothold for many foreign investments entering the mainland.

If the prices for industrial parks and office buildings are further reduced, then obviously the attractiveness would be greater!

Wang Ye continued to ask, "With more investments and more enterprises, can we attract more talents to work and settle in Peng City?"

Mayor Zhang and his companion were taken aback for a moment but still nodded.

There was no problem with that; more job opportunities naturally attracted more talents.

Although there were no major universities in Peng City itself, neighboring Yangcheng University had plenty!

Moreover, unlike Xiangjiang, although Peng City is coastal, it is still an inland city, with free population movement. Graduates from universities in the north could come to work without any hindrance.

Compared to Yangcheng, Peng City actually had a less conspicuous but very attractive advantage!

That advantage was that the city had very few local residents; the vast majority of people were from all over the country, and everyone spoke Mandarin, seldom speaking Cantonese.

This eliminated the occurrence of any xenophobic phenomena...

Perhaps many wouldn’t think much of it, but in reality, many chose Peng City over neighboring Yangcheng for this reason.

That included Wang Ye in a previous life!

When he first came to the south, his first stop had been Yangcheng since, at that time, it outperformed Peng City in many aspects.

But when looking for a job there, many enterprises specifically required Cantonese proficiency in their job postings!

This requirement thoroughly discouraged Wang Ye, turning him toward Peng City instead...

Of course, if you were just going to work in a factory screwing bolts, Yangcheng wouldn’t demand you know Cantonese.

This referred to job requirements in regular companies.

...

"With more enterprises and more talents, the demand for housing will skyrocket.

Doesn’t this provide the basic conditions to drive up housing prices?

I mentioned earlier, reducing the supply of residential land and increasing land prices amounts to pushing up housing prices even more.

With these factors combined, I believe Pengcheng’s housing prices will rise rapidly; not to mention surpassing neighboring Yangcheng, even surpassing the capital and Shanghai wouldn’t surprise me.

With higher housing prices, won’t the price of residential land transfers increase significantly, allowing the city to earn more money?"

Wang Ye explained, smiling.

Mayor Zhang and Zhang Xiaoxi finally understood; it really made sense...

Land is a "non-renewable resource," especially in Peng City, with its limited area and land.

Sell one plot, and you lose one plot!

Therefore, it’s essential to "use steel on the cutting edge!"

Actually, there were more development ideas, but Mayor Zhang no longer needed Wang Ye to explain further; he had already grasped the concept...

...

"Increase investments, provide more job opportunities and high-paying positions, attracting national talents to work and settle in Peng City.

Drive up housing prices to secure large sums from land transfers.

Then invest in urban construction and infrastructure, further enhancing the city’s competitiveness.

It could even support the development of pillar industries!

Once the city reaches a certain level of development, land transfer fees will no longer be the main source of fiscal income because those enterprises will have developed.

By then, the city can collect substantial taxes every year!

And then, use the taxes paid by the enterprises to improve the living conditions of the general public, by building a lot of public rental housing and talent houses..."

The more Mayor Zhang thought about it, the more excited he became, speaking passionately.

Wang Ye smiled without a word; these were all paths Peng City had once taken...

Only today, by a fortunate coincidence, he had informed Mayor Zhang in advance!

...

Of course, as a huge city with a population of twenty to thirty million, Peng City’s development faced various issues that were certainly not simple.

In Wang Ye’s previous life, he had experienced several stages of Peng City’s development.

Initially emulating Xiangjiang, then learning from the Lion City, and finally forging its own path...

It wasn’t about what was right or wrong, only that different times and different environments made corresponding development strategies inevitably diverse.

Having finished his thoughts, Mayor Zhang felt somewhat reluctant to end the discussion, sensing he had a clear plan for Peng City’s upcoming development.

But who exactly was this young man in front of him!