puff!

I don’t know who couldn’t help it first, and then the reporters in the media area all smiled, because to them, Zhou Ming was more than just naive, he was naive!

"I heard it right. This Chinese is actually suggesting that the entire real estate industry expand new properties? In order to save his face, he can really say anything. Is he not afraid of being spit behind his back when he says that?"

"What's the matter? You forgot that the previous President Wellington said that he would eliminate war and hunger, but he would make a black hawk fall if he didn't come up? So you just listen to these words. They just said that they wouldn't really do this. Can you spit to death if you spit?"

"Who doesn't know what the real estate industry is now? It's so sluggish that it can't be any more sluggish. In the overall economic environment, no one buys a house at all, and the house cannot be sold. There is no way to recover funds in a short period of time. Isn't this directly persuading real estate companies to go to hell? Isn't it true that most real estate companies are carrying extremely high debt ratios."

"Don't have debt ratio. Now these real estate companies still have money. You don't need to say that they have money. They have developed new properties long ago! But now you let them continue to develop new properties and sell them to homeless people?"

The reporters' low laughter was connected. There was no doubt that they did not believe Zhou Ming's words at all. They believed that Zhou Ming's empty talk was to save face and could not be lost.

"It seems that today was a waste of time. I thought this Chinese could bring us some fun, but the result was just like this? I can guess the next plot, it's nothing more than these real estate bosses just do it and then take the opportunity to advertise to their real estate company."

"I really hope that they did not reach an agreement, and then these real estate bosses rejected his proposal in person with great disrespect, which made people even more excited!"

"Although this is also my hope, I'm afraid this is a difficult goal, so compared to this, we'll talk about which bar to drink at night..."

These reporters are increasingly taking today's real estate summit and Zhou Ming's words seriously. Even after Zhou Ming's speech, they didn't feel anything about the applause at the scene.

Until the next person comes on stage to speak: "I fully agree with Mr. Zhou Ming's speech, and I will also expand the new property as soon as possible according to Mr. Zhou Ming's advice!"

When this came out, the media area was stunned.

These reporters looked up at the stage in disbelief.

"Is that person on stage Walton, the boss of the No. 1 real estate company in the United States? He seemed to say that he would follow Mr. Zhou Ming's advice. He was just perfunctory, right? He didn't really want to do this."

He said blankly, and even forgot to take photos on the stage. In fact, his words did not only represent him, but other reporters also had the same idea as him.

They also hope that things are really what they think, otherwise they will be too subverting their ideas.

But the facts are not as good as their inherent concepts, because Walton then made a projection and told everyone: This is the next property that the Walton Group has started to build.

"We do not plan to build this property very luxuriously, because our target group is all middle- and low-income classes. We are in order to achieve Mr. Zhou Ming's goal and achieve the goal of Mr. President.

I also firmly believe that this is very great in strategic vision!”

Walton's speech was not loud, but in the ears of these reporters, they were deafening and shattered their last fantasy.

As reporters, they all knew very well that Walton's introduction, rather than saying some empty talk, meant that he really wanted to build such a building immediately, which means that he really responded to Zhou Ming's call and reached an agreement with Mr. Zhou Ming.

"But this is impossible! I know that Walton's financial situation is also very bad. He can't risk the company being dragged down by debts to give Zhou Ming this face!"

"Unless Zhou Ming and Walton reached some cooperation agreement privately!"

This reminded many people and reminded them that Zhou Ming was from an investment background, so he had a lot of funds. It is still very cost-effective to use funds to make a deal with Walton who was short of money in exchange for Walton's support for himself at the end of the summit and save his face.

This idea gradually convinced these reporters, but then Poole, Sunda and the boss of Riner Company came to the stage one by one, and they also said basically the same words as Walton: support Mr. Zhou Ming!

At the same time, they all came up with their own company's next new real estate plans. After these large real estate companies, Bronck spoke on behalf of small real estate companies.

Bronck stood on the stage and first threw a bombshell: "I don't represent myself, nor my Libao real estate, but represent the 100 companies participating in the summit. I am willing to believe in Mr. Zhou Ming and will not betray or abandon Mr. Zhou Ming's small and medium-sized real estate companies!"

The reporters widened their eyes again, because they couldn't understand what Bronck said. It was clearly Bronck who led it to form an alliance for these small and medium-sized real estate companies!

What exactly happened? How could he do it? How could he allow such a strong alliance to confront himself in front of top real estate companies such as Walton and Poole?

Damn, what happened these days?

The reporters were so anxious that they could not allow such explosive news, but they didn't know.

And there is another more important thing, that is, so many real estate companies have launched new real estate construction plans at the same time. How do you digest so many more houses on the market? Could it be that they are really sold to those homeless people in the park? How to recover funds?

These questions that the reporters were crazy about not understanding were quickly answered.

After Bronck, Gonzalez and Rodriguez, the heads of Meifang and Meidi in Texas, took the stage to give speeches respectively.

Seeing them on stage, the reporters' hearts suddenly jumped for half a beat.

As journalists with great professional qualities, they certainly recognize Gonzalez and Rodriguez and know their identities. Through their identities, these journalists have also guessed something.

"It's not really a legend in Atlanta, that Chinese... Oh no, it should be because he respects the great Mr. Zhou Ming, who really brought his subprime mortgage and CDS contract to Dallas?"

Someone said the speculation, and the reporters suddenly became in an uproar. They also remembered that when they were in Atlanta, Meifang and Meidi really did it again.

The loans to homeless people are given to them to help them sell their houses, so Zhou Ming has also brought this set to the Dallas summit.

With this idea, all the questions were immediately answered: Why are real estate tycoons like Walton willing to support Zhou Ming; Why do they sit and watch Bronck form a small and medium-sized real estate enterprise alliance; Why can so many properties be allowed to expand at the same time; Why are there no longer any concerns about the backlog of real estate that leads to the breakdown of the capital chain; And why do people like Dolewan dare to betray Zhou Ming...

These questions one by one have answers at this time: they are all the results of subprime mortgage loans!

Real estate is an industry that is very capital-based. It is not afraid of debt. Even if the debt exceeds 90%, it doesn’t matter. As long as your house can be sold continuously, the funds can be recovered continuously, and then continue to buy land and build houses and sell them, banks and various investment companies are willing to play this game with you.

Now Zhou Ming helped Meifang and Meidi to obtain subprime mortgage loans to help these real estate companies solve the backlog of houses, which can promote the continued playing of the money game of the entire real estate industry.

Now for these real estate bosses, Zhou Ming is the benefactor of their rebirth of their parents, so naturally whatever Zhou Ming says will be what he says.

When Gonzalez and Rodriguez introduced their subprime mortgage policies respectively, they also represented Walsh Jr.'s national security affairs assistant, came to power. She was no better than Zhou Ming and various real estate related personnel. She just brought a set of data files.

If these reporters hadn't had any interest in listening a few hours ago, but now, all of them were upright, for fear of missing even a word.

Rice read the data according to the script and introduced the sales data of all real estate companies during the summit.

"We can see that with the help of subprime mortgages, more than 1,000 people have passed the approval and used subprime mortgages to buy their favorite houses. This is a very good start. We believe that the future will get better and better!"

"Of course we also need to thank Mr. Zhou Ming, because it was his CDS contract for the subprime mortgage of Meifang and Meidi. With these contracts assurance, Meifang and Meidi Company can lend more with confidence and boldness. Mr. Zhou Ming is worthy of representing Mr. President and is a very sacred person!"

As Rice finished speaking, warm applause suddenly erupted at the scene, including reporters from the media area.

These uncrowned kings no longer had the arrogance, contempt and disappointment they had before. They all clapped with excitement on their faces, and what they said now was completely different from before.

"I knew Mr. Zhou Ming would definitely not disappoint us!"

"I didn't expect that the backlog of real estate companies could be handled in this way. Mr. Zhou Ming is really a god of investment. No matter what is in his hands, it can turn into money!"

"I am very glad that I attended this real estate summit and saw the end, otherwise I would have missed such a wonderful event..."

No matter what ideas these reporters had before or whether they discriminated against Chinese people, at this moment, they were all conquered by Zhou Ming and were excited to record the big news they had always dreamed of.

As for the fact that they were all slapped in the face... As American journalists, who is still ashamed?
Chapter completed!