Unraveling the “virtual” fever-making trick of the “shark” group
“Shark” creates virtual “ground fever”
In recent years, virtual “land fever” has come and gone very quickly, making the real estate market in many places become turbulent. Long-time investors believe that this is actually a trick of creating a virtual fever of big hands with great economic potential (sharks), creating a scarcity of supply to push prices up.
According to Mr. Nguyen Van Chinh – a long-time investor in Hanoi, the market has continuously welcomed land fevers, but these fevers all have one thing in common, which only lasts for a maximum of 1 month. There are even land plots that were previously not of great value, but in a short time the price has increased from 50 to 100%, possibly even higher.
Revealing the truth behind the virtual “land fever”, Chinh said, this is in fact just a trick of a group of big-handed investors with great economic potential. For example, this group will initially raise capital from 300 to 500 billion VND. Next, they will silently use 20% of the total capital to, about 60-100 billion dong, buy a large land fund about 1-3 months before and divide it into 100-200 different lots.
“They spent about 100 billion to buy a large land bank, then divided it into 200 lots, which means that each lot initially costs about 500 million. Their goal is to sell only 1 billion VND/lot to win big.” Mr Chinh for example.
During the land fever, it is indispensable for the hand of the “earth stork”, the group of sharks will recruit about 50-100 brokers to assist them. Continuing, they use about 20-30% of the capital, shake hands to continuously create virtual transactions with the price of about 700 million VND – 8 billion VND/lot, an increase of 30 – 70% compared to the initial time. and take photos and post them to investment groups on social networks to attract customers.
After completing the steps to attract customers, many inexperienced people began to participate in down payment to buy investment land. Up to this point, when the market started to absorb, they pumped all the remaining amount to continue creating buying and selling transactions, even 1 plot of land in a day can change hands up to 3 times. By now, the price of land in the area of price blowing has increased to 1 – 1.3 billion VND/lot, which is 100 – 120%, even if the market in that area supports it, it can be up to 200% compared to the time. initial.
In the final stage, when the land price has peaked and created the effect of land scarcity, the sharks begin to sell their goods before, they only need to sell 2 times more than the time of buying to be successful. .
When the group of big hands had recovered all of their capital and left, the market in the region was blown sideways, and even immediately dropped. Many inexperienced investors running after the fever have been caught in a trap and faced a “dilemma”.
Chinh also said that in fact, in the walks of such a group of sharks, in addition to the difference in land sales, they also benefit a lot from investors putting down stakes.
People in the area also earned billions of dong
The “land fever” went through many young investors who could not get out in time, even stuck to sell at a loss. However, many people around also enjoy great benefits.
According to Mr. Tran Tuan Anh – an investor in Thanh Xuan (Hanoi), in fact, in the “virtual fever” created by groups of sharks, they even take advantage of unclear planning information. to “blow the price” sky high. This also traps many long-time investors.
“Many longtime investors today still keep the investment style following the planning. Therefore, as long as there is planning information, it is not clear where they are hunting to buy land to get ahead. However, thinking that it was to take advantage of profits, but fell into a shark’s trap, “said Tuan Anh.
According to Mr. Tuan Anh, in the price blowing game of the shark group, many local people also make a lot of profit. In many lands, the price is still flat, only 1 – 2 million VND/m2, suddenly being eaten under the effect of the shark group also increased several times.
For example, in the fever in Bac Giang, agricultural land and forest land that were previously thought to be of little value are also for sale at a price of 3-7 million VND/m2.
“Many local people were blown up by the shark group, because they had a lot of land before seeing the price of land unusually high. Thanks to their quick mentality, they also sold a little bit and earned billions of dong. then,” said Tuan Anh.
This investor said that in the past few years, there is still the old virtual fever scenario, but the shark group has earned a lot of money. And inexperienced investors because of their greed for profits and chasing the fever accidentally get caught in a trap. Many people struggle forever still have to accept “stop loss” to remove capital.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
