Chapter 219 Karma leek root planing
“Because of our interest rates?!”
"Yes, because this interest rate makes them feel that we are more reliable here in Douglas! If they can come and live with us, they will be more stable..."
Goodman found it a bit funny:
"If you announce your candidacy for mayor now, I think Benjamin will definitely not be your opponent...because during this period, everyone's evaluation of you has risen to a higher level."
"No, no, no, you know I don't have that idea. It's just that these people are running towards us... Isn't there any movement from Rob's side? We can't provide that many positions here!"
Carter was a little confused. Logically speaking, it would be a good thing for someone to buy the land where his bank belongs, but Te Miao's solution was completely out of Carter's plan.
It turns out that the land prices are not driven up by the highway business district, but are... worse?
Carter really feels that the current situation seems to be a mess for everyone. His interest rate may sound low, but just like the account he just calculated for Goodman, this interest rate is actually not low. It's just that it's so low compared to other companies.
With interest rates soaring to 15% and 16%, I seem to be quite conscientious.
In fact, what should I do or what should I do...
Make money, don’t be shabby!
"Our savings bank does have the responsibility to maintain local stability, but we have already done enough! When it is time to help them find jobs in the city government, we did it. When it was time to increase the amount of loans, we did it. They can't remain silent at all.
Bar?!"
Carter is very irritable now. There is land and it is valuable, but it is not easy to sell... This is really a pain in the head...
If Benjamin can gain some momentum and work hard to find a job, he can get another amount of money back by selling his land. Even if he doesn't make much money, or it can't even be said to be a profit, he just makes up for the bad debt.
, collected it back. But even so, the account that had been kept for so long was re-examined and recovered, which was enough to make Carter happy.
"He should still be busy lobbying the parliament to pass the proposal, mainly in our place..."
Goodman doesn't want to say that his hometown is too worthless, but the reality is that it is so fucked up. How can a small market or a small city with stable supply and demand create jobs out of thin air?
"Then I won't sell it! I'll save it later. Rob comes to block the door again and cry about poverty... He really treats me as a god. He is..."
The influx of new citizens is an irresistible temptation for any American mayor. But if he really wants to let these people in, he is really a clever woman who cannot make a meal without straw.
So fancy.
Hell, I haven't even figured out how to deal with the part-time investigator who is getting more and more fishy, and how to arrange myself. If I add more burdens to myself... I'm not afraid of crushing myself to death...
Instead of looking for himself, who else could Benjamin look for?
It's not that Carter is arrogant. Once he allows the influx of new citizens, they will be registered one day before custody, and Benjamin will get the bank to block him the next day.
"But the problem is, even if you don't sell it, what about others?"
Hiss~
"The land south of Douglas and on both sides of Highway 23 is basically ours. But in other directions...Carter, they can't resist this temptation."
The people Goodman refers to are naturally the landowners near Douglas and in other directions. And Carter can't refute this...
"Fuck, what the hell is this! Sell it, sell it! You said you are the same, why are you asking me in this situation? Apart from making me more depressed, is there any benefit?"
As an important part of stabilizing the local economy in the United States, savings banks were restricted by other factors that made Carter decide not to sell these lands. The land was used to limit the entry of outsiders, thereby protecting local economic stability.
Damn it, other landowners don’t have such nonsense! For them, if they have money and don’t sell it, that’s stupid!
"No, no, no, I want to say that the reason why they did this may also be related to our low interest rates. For example, I am Arthurson now, I am from Ocilla, I first put my residence in Ocilla
Mortgage it to the local Kunyut Bank and get a loan of 80%-90% of the house value at an annual interest rate of 16%.”
"After coming to Douglas, they will make up part of the money themselves. After the house is built, they will take it to us as a mortgage. They will use this new loan to repay the old loan, which means they only use 12% interest to complete the project.
It’s now the cheapest way to move your whole family.”
"When the economy improves, you can put the house in Ocilla on the market for sale. You can also rent it out first and use the tenant's rent to pay the interest. Especially in terms of relocation costs, we have a high temptation here, that is to say
, even if they find a better job elsewhere, it will be difficult for them to move..."
"So you are still trying to persuade me to raise the loan interest rate?"
Carter felt like 10,000 grass and mud horses whizzing by, feeling quite hopeless.
He is still a child and he just wants to make a little money. What's wrong with him?! Why is he always made to endure pain that he shouldn't have to endure at this age...
If the interest rate rises, problems will arise in the advancement of ht's plan; after all, if the interest rate is high, others will not dare to lend, so naturally there will be fewer stores, and the original number of jobs may also be reduced, which will directly affect my future in ht company and in banks.
Fang's income is not going up, and there are these clever and calculating little guys who take the opportunity to make things difficult for themselves...
"Can you urge Benjamin to quickly get rid of the rule that people who have lived in Douglas for less than three years are not allowed to become Douglas citizens? The council is so ink about such a thing!"
"Using can be done, but I don't think it means much. Even if they can't become our citizens, as long as they come over and refuse to leave, can you just drive them away?"
Goodman shook his head and dismissed the idea that Carter intended to use an executive order to get these people out.
"But I do have an idea. I wonder if you think it's feasible?"
"Tell me about it!"
Lighting a cigarette feebly, Carter did not have high expectations. After all, this was a problem that even he could not solve. What new tricks could he come up with just by relying on Goodman, a steadfast king?
"Do you think we can do this: We first set up a construction company, using the money from selling the land, and then the bank will add some money. Then we use this company to recruit them as workers. The initial project is
Build them a house..."
Huh? Huh? Huh???
Use the money they spent to buy the land, pay them wages, and then organize them to build houses. After the houses are built, sell them to them, and then take back the wages in their hands...
At first glance, this logic doesn't seem to have any problems. It's just...
"Holy shit, are you so cruel?! You're so good at shedding wool that you're going to make the sheep bald!"
Damn leeks, you are digging them up to the root!
Goodman!
"
"You...you...you are so damn talented!"
Chapter completed!