But, just as Wang Yue had said, real estate companies were now facing a brief bottleneck. Every company in the industry was running into trouble!
Just like those businesses before them, they needed a reform!
Shen Shu knew that Qingping Group, Wang Yue's family company, had a knack for seeing opportunities others missed. As its future heir, Wang Yue might have received some training in that regard, so she couldn't help asking,
"I think Little Yue is right. Do you have any suggestions? Xiguang and I have been busy lately, just trying to keep from getting burned and make sure the company can keep running."
Hearing his mother say this, Jiang Rui asked uncertainly, "Mom, how could building houses not make money?"
Shen Shu glanced at her son, then said irritably, "How could building houses make more money than selling land?
"The reason real estate has been so difficult these past few years is entirely because of land speculation. It's driven profits lower and lower!
"Companies can still make money, but less and less of it.
"And if there's a problem with even one plot of land, and the houses built on it don't sell, all the money you've made could go down the drain!
"Your father and I have managed to keep the company growing, albeit slowly, by being extremely cautious these past two years. Some of your uncles' companies went bankrupt because they bought the wrong plot of land!"
Jiang Rui was a little lost, but he understood one thing and couldn't help saying,
"So land is still the most profitable thing. Buy a good plot, then turn around and sell it, and you make money, right?"
Shen Shu nodded helplessly. "Yes. But finding a good plot and making sure your houses won't lose money takes a huge