My Iron Suit
Chapter 391

Land Grab!

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Victor was the same. As James' childhood friend, he was very familiar with the Howlett Manor. In addition, his personality was much more composed than James', so he didn't care much about the luxurious hotel's decor.

The two of them were very excited when they were in the carriage, but that was just childishness. Suddenly seeing the bustling metropolis, which was completely different from the countryside, they couldn't help but feel a little novel and excited. However, after going through the battles along the way, they had become much more calm and mature.

Now that they've entered the hotel, as Chen Mo's entourage, the two naturally can't behave poorly and embarrass Chen Mo.

In fact, Chen Mo didn't care about any of this; he didn't care at all about what outsiders thought.

Chen Mo booked a luxury suite in what is now one of the best hotels in New York, and checked in with Victor and James.

After that, a rumor began to circulate in New York City that a wealthy man from China had started acquiring large amounts of land in northern Manhattan.

However, the land he purchased was not near the current edge of the city that was about to be developed, but further north, in a place that was unlikely to be developed for decades.

Those who heard the news all laughed at this China tycoon for being incredibly foolish. They said he would have been better off investing in the soon-to-be-developed southern Manhattan area, even though land prices there had already risen significantly, it was still far behind the already developed downtown area.

Even if they don't use it themselves, after a few months, when the city expands to that area, they can simply resell the land and make several times the profit. It's a sure-fire way to make money. Many businessmen with idle funds are hoarding land, and those without funds are trying to get loans from banks. So even before development has officially started, land prices in the areas adjacent to the outskirts of the city have already begun to rise. The sooner you get involved, the better.

This fool from the East, instead of seeking opportunities close at hand, chose to spend vast sums of money buying up large tracts of land in the remote suburbs and countryside of central and northern Manhattan, where development was uncertain or even impossible.

What a waste of his huge sum of money!

Countless people are heartbroken to see this wealthy China businessman squandering huge profits on buying useless farmland; it's simply a waste of money!

Although land prices in these remote areas are very cheap, their sheer size makes up for it. The money spent is enough to buy large tracts of land in undeveloped areas.

The same amount of wealth could yield huge returns in just a few months if invested in land in an undeveloped area, while it would take decades to recoup the investment in these farmlands.

This incident quickly became a topic of conversation among New York, with everyone mocking the China tycoon's foolishness.

The China tycoon who was the talk of the town in New York was none other than Chen Mo.

With his substantial financial resources, Chen Mo acquired a large amount of land in northern Manhattan, buying up all the undeveloped land in the future Midtown Manhattan and Upper Manhattan. Most of this land was currently farmland and not very valuable, but the gold in Chen Mo's spatial dimension was more than enough to buy it all.

In the future, Manhattan will remain the center of New York City's five boroughs, which are divided into Lower Manhattan Manhattan, Midtown Manhattan, and Upper Manhattan from south to north.

Although New York City is rapidly expanding, it is still limited to the future Lower Manhattan area at the southernmost tip of Manhattan Island. Midtown and Lower Manhattan in the middle and north are not valued at this time, so land prices are not high, Chen Mo easily acquired them all.

Chen Mo is different from those businessmen who only care about money. Money is just a number to him. His purpose is not as simple as hoarding land to sell for money. Although he also hoarded some land in undeveloped areas in the names of Victor and James, his purpose is still to continue to acquire land in the outskirts of New York.

His ultimate goal is to buy up all the land in the five boroughs of New York City in the future: Manhattan, the Bronx, Brooklyn, Queens, and Staten Island, excluding the areas of New York City that are already developed or about to be developed, which is the future Lower Manhattan area.

Because the movie world he traveled to this time has a rather special plot and a large time span, and Chen Mo's time travel was too early, just before the plot began, he will need to wait more than a hundred years before the plot officially begins and Chen Mo can get what he wants.

Therefore, Chen Mo will spend more than a hundred years in this world, and he will naturally have time to make plans slowly. Buying land around New York is just his first step. He will use New York, the largest city in the United States and also the most economically developed city, as a springboard to unfold his plans step by step.

With over a hundred years to slowly lay the groundwork, Chen Mo naturally didn't need to rush; he could simply proceed step by step.

New York is just beginning to expand, and the government has not yet formulated a future development plan. Therefore, the future of the other four boroughs of New York and Midtown Manhattan and Upper Manhattan has not yet attracted attention. This is the best time for Chen Mo to make his move.

By the time businessmen or the government realize that New York's future development will not be limited to this small area, it will be unlikely that Chen Mo will be able to take control of all the land.

Even if the government intervenes, those money-grubbing businessmen will swarm in like sharks smelling blood. At that point, Chen Mo won't be able to devour this huge cake all by himself.

Unlike now, Chen Mo is openly and blatantly acquiring land, but these businessmen are mocking him like a fool and have no intention of competing with him at all.

Unless someone like Chen Mo knows the future trajectory of New York, who could have imagined that the area of New York would expand by hundreds of times!

At this time, New York was already the largest and most developed city in the United States, with a core urban area of more than ten square kilometers, towering skyscrapers, and housing hundreds of thousands of people engaged in commerce, trade, finance, and insurance. It was the economic center of the entire United States.

New York is already so powerful that many people believe it has reached its peak. At least the city's area is unlikely to expand much further, and perhaps after this wave of expansion ends, it will stop expanding for a while.

Therefore, no one dares to buy land outside of the already identified undeveloped areas.

Even if it will be developed sooner or later, waiting three to five years is enough to bankrupt many people. At that time, a large amount of money used to purchase the land will be tied up, and those bloodsucking banks will not be polite to them.

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