EFB Chapter 1518 It begins
Chapter 1518 It begins
Chapter 1518 It begins
After the Dongcheng Demonstration Block was sold out, six or seven days later, the second and third blocks were officially put on sale.
Ordinary people are still waiting and watching, but the wealthy businessmen and officials who failed to buy in the past few days have already prepared their money and are waiting with bated breath, ready to buy as soon as the price comes out.
This purchase was a big deal. The price of the residential land, which was purchased for 1,200 taels of silver, increased by 30% four days later, because the land next to it was sold in sections, and the price therefore increased by 30%.
Three days later, it increased by another 30%!
A 70% increase in seven days, painless and risk-free, what kind of business can have such huge profits?
A wealthy businessman tried to sell his newly purchased house, and it was snapped up on the very day he put it up for sale. There were more than a dozen houses competing for this piece of land because it was located at a perfect distance from a small lake and the market, and the mosquitoes that breed by the water and the stench from the market did not bother it.
That night, the rich businessman successfully sold it at a price 20% higher than the market price.
It can be sold, it really can be sold!
The money I earn feels heavy and real.
All of a sudden, there were rumors of price increases everywhere, and gossips everywhere about someone scraping together enough money overnight to buy a piece of housing in the new city from the government office.
The price goes up as soon as you buy, and you make a profit when you buy.
Even Fan Shuang was moved and quickly asked He Lingchuan:
"Brother He, I want to buy a few plots of land in the new city. Do you think it's a good deal?"
Whenever something big happened, the first person he thought of consulting was He Lingchuan.
His family has just acquired tens of thousands of taels of silver. Should he take the opportunity to increase its value?
He Lingchuan stated in advance: "I am only responsible for the construction of the new city. The sale of residential land is the responsibility of the Housing Department."
King Yao didn't dare let him touch the money at all, so he only built the residential land in the new city and didn't care about selling it. The price had nothing to do with him.
Fan Shuang said shamelessly: "Prediction! Can you predict?"
"It's a good deal." He Lingchuan said without hesitation, "But I suggest that you only use half of your net worth to buy it, and sell it when the time is right."
Haven't bought it yet, thinking about selling it first.
"When is the best time to sell?" Fan Shuang asked humbly. "When is the best time to sell?"
Before He Lingchuan could answer, Fan Shuang said, "I'm a stupid person. I don't think I can grasp this opportunity. How about you remind me when the time comes, Brother He?"
"Stupid? I think most people are not as wise as you." At least Fan Shuang knew himself well and knew how to ask for advice humbly, so He Lingchuan gave him some advice, "Just look at the interest rate of the loan. When they dare to offer an interest rate of more than 10%, you should sell the house."
"Lenders?" Fan Shuang thought for a moment and suddenly realized, "Yes, residential land is so profitable, they would buy residential land if they have money. If others want to borrow money from them, the interest rate will be very high!"
The private loans in Tianshui City are calculated on a monthly basis, with the so-called "ten percent interest", which means the annual interest is 120 percent. This is after the government has rectified it several times, and compound interest is not allowed.
At least it is not allowed openly.
If there is no income expectation far higher than this figure, who would dare to borrow money to buy land?
Out of a mysterious trust in He Xiao, Fan Shuang did not ask why, but asked: "Then what?"
"No more." He Lingchuan said meaningfully, "Risks are caused by rising prices."
Fan Shuang wanted to ask, "How much did Brother He buy?", but the words just kept coming back. He had seen a lot of the ways of the world in the past few months, and he had become a bit shrewd.
Of course he didn't know that He Lingchuan had already spent some of his money, but not to buy residential land.
Fan Shuang immediately took the money to subscribe. Before she could even warm up the tens of thousands of taels of silver she had just received, she had already spent 17,000 or 18,000 taels.
When he came back, he found He Lingchuan again: "Wow, there are so many people in the government office that you have to squeeze to get around! It's only been a few days and they've set a limit. Each person can only subscribe to four plots of residential land. I heard that it's because someone ordered fifty plots of land at once."
"These days, dignitaries are all coming in. If we don't restrict them, how can ordinary people get a chance?" The aristocratic families and officials and businessmen in Tianshui City have a deep foundation. Ordinary people have to pool their money to buy a piece of land, but they can buy dozens or hundreds of pieces at a time without batting an eye. If there are no restrictions, the new city will probably be deserted in the future.
"Your Majesty is wise!" Fan Shuang said again, "There were several moneylenders soliciting customers at the entrance of the government office. I recognized two of them as Qi Shuan's men, so I asked them casually."
"How much is the interest?"
"4% interest." This means that you have to pay back 4% of the total loan amount every month. If the price of residential land does not increase by 50% within a year, you will lose money.
He Lingchuan said immediately: "It's far from the end."
It has to be said that King Yao has many talented people under his command. He Lingchuan only briefly outlined a few steps for the monarch, but the royal court naturally has a system and a team that can handle this matter clearly and beautifully!
Even the new city sales plan that has been expanded now only vaguely bears the shadow of He Lingchuan's suggestion at the time, and there is no specific connection at all.
The expansion of the capital has been discussed for seven or eight years. I don’t know how many plans there were before, but now they can finally be nested together.
For example, the government divides the land into sections, sells good and bad sections alternately, sells the good ones with the bad ones, or even buys the good ones and gives the bad ones away, so that all the land can be sold. After all, it is the price of the drawings, not the real thing. When both parties talk about the location, size, and layout, they all rely on gestures and imagination. It is not possible to tell the good from the bad at a glance, so all the land plots are easy to sell.
For example, Tianshui City has added a new regulation that the sale and purchase of houses must have a real estate agent as an intermediary, otherwise it will be regarded as illegal, and once a dispute arises, the official will not accept it.
This is because, with Fangyazi, the government can collect deed tax through them. Therefore, private transactions are neither supported nor encouraged.
Five days later, the people of Tianshui City discovered that there were indeed examples of people getting rich by buying houses around them.
"My cousin spent 1,000 taels to buy two small shops on Longhu Street in the new city. Now someone offers 3,500 taels, but he refuses to sell!"
There are also inspirational examples of successful counterattacks:
"Remember the bachelor in the next alley? He's lazy and can't even find a wife! His family sold their old house and borrowed 1,000 taels to buy him a small piece of land in the new city. Hey, it went up in value right after he bought it, that night! It went up by 70% in the blink of an eye! Now his family has mortgaged their house and used the money to buy more land."
"Zhang Xiaoshui, the brothel owner on East Street, used to make less than half a guan of money a day because of his clumsy mouth. But now he has to take the lead in collecting commissions more than ten times a day, and his hands cramp from counting money."
The demonstration and driving effect of people around you is extremely strong, especially when that person was originally not as good as you, but suddenly soared into the sky with this little external force. Everyone who hears about it will be anxious and wish they could pull that person down and take over themselves.
The huge city of Tianshui was originally a hub for gossip, but in the past few days, the most discussed topic on the streets and after-dinner conversations is only one:
New Town Land.