Chapter 569

After hearing Summer's views, Norman fell silent, seemingly pondering something. Then, he turned to look at James. "What about you, James? What are your thoughts?"

"My thoughts are similar to Summie's. I think there's a high chance that the profit margins in real estate will shrink in the future."

"Oh? Please tell me more." Norman was very interested in James' perspective. After all, the latter was his future successor. He was sure James could see some unique aspects.

James said, "Real estate developers share a common belief that land is finite. Once a property is built and the land becomes occupied, its value will inevitably increase over time.

"However, this mindset is only applicable to smaller enterprises. It won't work for a large company."

Big corporations aimed to make significant profits. They wouldn't rely on the potential appreciation in the value of real estate properties, which would take a long time.

As for how much the property would increase in value, that was un