Rebirth 1983: Starting From Taking Back the Family Property Chapter 585

Chapter 585: Money is the most practical thing

This time the Hang Seng Index is very interesting. Some have plunged 11% in a single day, and some have surged 9% in a single day. The ups and downs are like a roller coaster, but the Hang Seng Index is generally declining.

Hang Seng Index's rise and fall this time has a huge sequelae, that is, many people have doubts about the Hong Kong city's economy and future. Suddenly, many consulates in Hong Kong were overcrowded, and these people came to inquire or go through immigration procedures.

If you want to immigrate, you will definitely have to deal with your property. As a result, the salespersons at major sales offices are so idle that they doze off, and the agency offices are overcrowded, and all the agents want to sell the properties under their names.

As the trend of immigration started, some people took the opportunity to spread rumors, and even the media got involved, saying that all the rich people had fled, and that in the future only the poor would be left in the port city, and the economy would be sluggish in the future. In a vicious cycle, even some originally firm positions are beginning to fear wavering.

Yu Meitong called Lu Jiaxin and said, "Boss, now that house prices have dropped by 30%, do you think it will be true that houses in Hong Kong City will be worthless in the future as the newspapers said?"

Hong Kong City houses are not worth much? If in future generations, many people would think it was a big joke when they saw such news. But being in it, Lu Jiaxin knew that many people believed it. First, it is true that many British companies have relocated with some foreign companies, and second, there is distrust of the mainland government.

Because of fear, many middle-class people or people with small wealth are trying to immigrate. As a result, when I came back after ten or twenty years, I found that I could no longer gain a foothold in this city.

Lu Jiaxin did not say any words of comfort, but only told her one thing: "The funds from Xinxin Real Estate will leave 50 million for daily turnover, and I will use the rest to purchase properties and hoard land."

Her right eyelid twitched, worried about disaster, so she sold some properties and stock futures just in case. Unexpectedly, a real stock market crash occurred by accident, and the property market also collapsed. You must know that the real estate market was not greatly affected by the major stock market crash two years ago. It fell by less than 20% and then rebounded. But now it has dropped by 30%, and it is still falling due to the influence of the immigration wave and the unscrupulous media.

Lu Jiaxin is very confident about the future of Hong Kong City. She will definitely buy the bottom when she encounters such an opportunity. I told Chen Ming two days ago to get all the properties they were interested in.

Yu Meitong understood as soon as she heard that Jiaxin felt that the Hong Kong city's economy would not stagnate and the property market would continue to boom: "Jiaxin, I have more than 300,000 yuan in hand now. When do you think it is a good time to buy a property?"

Lu Jiaxin is not a fortune teller, and she doesn't know when the price will end: “It has fallen by 30% now, which is almost it.”

Chen Ming and several vice presidents have recently been out in force to try to win over the properties, land and industrial buildings they are interested in. Due to the mainland's liberalization policy, many factories in Hong Kong have moved there. The land and labor are cheap, and the cost is much lower.

The same is true in Hong Kong. Many industrial buildings in Hong Kong City have been vacated. Now the government has also changed relevant policies. After developers buy industrial buildings, they can demolish them and convert them into office buildings. Of course, there must be many procedures to go through, and these are the tasks of the staff below.

Yu Meitong immediately found the intermediary manager's phone number after hanging up the phone. She called and told her that she wanted to buy two houses of about 500 square feet. She is an office worker herself and understands that high-end white-collar workers prefer to rent a single apartment with one bedroom and one living room.

The intermediary managers have recently received business of selling houses, and very few of them want to buy properties. When I heard that she wanted to buy two single apartments, I immediately told her about three communities, all of which were in good locations and equipped with supporting facilities.

After Yu Meitong asked about the housing prices in these communities, she smiled and said, "I have something to do today, and I will go look at houses at ten o'clock tomorrow morning."

The three communities recommended by this agency used to cost 3,451 square feet, but now the house prices have dropped by 30% to only about 2,440 per square foot. If she buys two units, she needs to prepare about 500,000 for a 20% down payment.

“No problem, no problem.”

Yu Meitong only has 350,000 yuan in hand, and the down payment for two houses is still more than 150,000 yuan. Who to ask for? Of course it's my dear mommy.

Take half a day off to go home in the afternoon. She is now a good learner. Every time she goes home, she will buy something that Master Yu and Mrs. Yu like. This time she bought cigars for Father Yu and her favorite sushi for Mrs. Yu. But she didn't want to return home and find that her father, brother and sister-in-law were there, and she suddenly felt bad. It's just that after two years of struggling in the workplace, everything is no longer on my face like before.

Yu Meitong greeted her family with a smile, and then served cigars and sushi.

Her brother and sister-in-law looked at her with a very unfriendly expression. This sister had been away from home for more than half a year since the marriage was broken off, and now she is as energetic as a monkey. Every time I came back, I would coax my parents/parents-in-law with sweet words, giving them either jewelry or money.

Yu's father thinks that the company will be the big boss when it comes to his two sons in the future, and it doesn't matter if his daughter is well-behaved and obedient and gives her a little more pocket money. Yu's mother feels sorry for her that it's not easy for her to work outside, and her son makes her feel cold, so she always helps her now. The same is true. Yu Meitong now has eight houses under her name.

After Meitong sat down, Father Yu said, "Meitong, you came back just in time. Our family is currently discussing whether to immigrate. You have a good relationship with Mrs. Hu, Miss Lu. Have the Hu family and Nie Zhan made any moves recently?"

Yu Meitong said one sentence and then fell silent. When she was abandoned by her family, she understood that this family was a fool to talk about family ties, and the most practical thing was to talk about money.

From the look on her face, Father Yu knew that there was going to be some bloodshed today, otherwise this girl wouldn't have said anything: "I'll give you the 3,600-foot villa in Shouson Mountain."

He has two villas in Shoushen Mountain, one is the one mentioned above, and the other is more than 6,000 square feet. Now that house prices are falling, luxury homes are falling hard.

Brother Yu and Brother Yu looked ugly, and her two sisters-in-law were also very dissatisfied. They felt that this sister-in-law's appetite was getting bigger and bigger. It's just that Yu's father has a lot of authority at home, so they are dissatisfied and dare not refute.

Yu Meitong said: "Hu Zhifeng wanted to hoard land, but Mr. Hu disagreed because he was old and wanted stability. Didn't Ms. Lu sell a large number of properties last month? She used all the funds returned to hoard land and purchase high-quality properties. "

As for Nie Zhan's actions, she didn't know. But Jia Xin must have obtained his consent for spending so much money to hoard land and buy properties.

Yu's father hesitated after hearing this: "According to what you said, they are still optimistic about the port city."

Brother Yu said: "Dad, Miss Lu is from the mainland, and I heard that she has donated a lot of money to the mainland in the past few years; and the Hu family, his son-in-law Su Heyuan's uncle is a senior official in the mainland. With such a relationship, they are not only Not afraid, I hope Hong Kong City will return soon!”

Yu Meitong said nothing.

Yu's father did not let her go and asked, "Meitong, what did you say?"

Yu Meitong didn't want to give any advice. Anyway, she had no role in the company and it had nothing to do with her whether it was good or bad. However, the old man gave a villa as a gift, and she was willing to say a few more words: "I have done a good job at Wufu Jewelry, and I am not planning to change my job. Going to a place where I am unfamiliar with my life, whether doing business or going to work, will definitely be a success." It's harder than here.”

Yu's father was undecided.

(End of this chapter)

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