In Small An, it was still good to be in the construction business . There was no master plan yet . Investors could choose any piece of land in the city center and demolish all the houses, both private and multistory . Acting like a yakuza or a sicilian mafia . Evicting residents of houses on the street . Selecting property, paying ridiculous compensation in the amount of 1-2 percent of the real market value of housing . Evicting tenants from the city center to the outskirts, in their own newly built buildings . whose walls cracked, the gas system worked poorly, the roof leaked after the rains . Instead of concrete lay sand on the floor, jammed doors .
AdvertisementOn the lands where houses were demolished, investors built new houses in six months, selling them for millions of dollars . You could become rich in a year . A house in the center of the city, bought for almost 2 percent of the market value and sold for 200 percent!
So many clans got rich . . . 20 years passed, formats changed, clan influence weakened . . . then new clans came . . . and demolished houses of old clans, paying them the same 2 percent of market value .
Therefore, doing business in Small An, was a risky business and it was possible to engage in investments only for the short term .
Those who hoped for a calm and sustainable business development for 6-10-20 years, having bitterly paid for their illusions . Their property was nationalized by the clans . . . they remained beggars . . . respect for private property among the clans in Small An . . . was zero!
Therefore, the clans quickly grew rich while there was strength and just as quickly became poorer when the strength left . The most cunning of the clan world quickly made money at home, then they transferred money to offshore, bought themselves new citizenship for $ 100 million somewhere in Europe, bought themselves a ready-made business for $ 300 million, and enjoyed having more 20 billion dollars .
And at home in the meantime, the standard of living fell . . . @@
Chapter end
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