Three years passed in the blink of an eye, and it was now 1987.
The design institute's building was completed, and everyone was notified that they could go and take possession of their units.
The original prepayment contract can be replaced by a formal contract after the full payment is made.
When Jiang Ning and Lin Chen paid for the house, they didn't bring cash like the others. Instead, they led the staff directly to the bank counter.
In 1985, when banks began issuing bank savings cards, Jiang Ning deposited all of her family's assets into the cards.
The remaining amount of over 500,000 yuan can be transferred to the design institute's account simply by bank transfer.
Staff can process the handover procedures for them based on the transfer records.
While others buy one or at most two houses, Jiang Ning has three keys to one house.
The building has three units, each with eighteen households, and she has three sets of keys.
While Binbin was at kindergarten, Gao Baoliang and Yang Lu also came to collect the keys to the house, and were stunned when they saw such a large tray of keys.
"This is outrageous. Each household has six keys, and the key tray alone weighs several kilograms."
Yang Lu was joking.
Jiang Ning led them into the building and randomly picked a shop to take a look.
The interior is all unfinished, but water and electricity connections are provided for easy renovation.
Needless to say, the renovation work was definitely handed over to Gao Baoliang.
This is also a huge undertaking for him.
"With so many houses, what kind of decoration do you want to do with them?" Gao Baoliang asked for their opinions.
Jiang Ning expressed her thoughts.
"All the houses will have the same style, and then we'll rent them out."
Gao Baoliang was surprised, "I heard that if the houses here are sold again, they will cost more than 500. If you resell them now, you can make a lot of money."
Jiang Ning smiled slightly: "No rush, let's rent them out first, and sell them when the market is better."
Yang Lu was taken aback. "Isn't the market good right now?"
A house costs over 500 yuan per square meter, and the smallest one, 60 square meters, costs 30,000 yuan!
A few years ago, you could buy a large courtyard house for 30,000 yuan.
However, with commercial housing that has access to water and electricity, people are not interested in courtyard houses. Without renovations, water has to be fetched from the courtyard, and toilets have to be used in the dry toilets in the courtyard, which is really inconvenient.
At this time, commercial housing also sprang up everywhere, and some people who made money accumulated a lot of wealth and used it to develop houses.
In the past three years, Fuqiang Construction has completed several major projects and currently has more than ten construction sites underway.
Jiang Ning knew that housing prices would see several more surges in the future, so it wouldn't be too late to sell when the time came.
After her house was renovated, she planned to have Yang Lu help manage it.
“If you manage this place for me, whether it’s rented out or left vacant, I’ll give you 20,000 yuan a year.”
For Yang Lu, who hadn't been working for a while, this was a good job.
She has something to do and can earn money.
Over the course of a year, the rent can earn at least tens of thousands of yuan.
These past few days, Yang Lu has been helping Jiang Ning manage the assets she purchased. She knows better than Jiang Ning herself how many properties Jiang Ning owns.
After the design institute's houses are delivered for use, they will sell them while everyone's enthusiasm is high.
Xie Miao bought two houses and made tens of thousands of yuan in one go.
She practically has to be on full display every day at the company.
The salaries at the design institute have increased significantly. Even the lowest-paid employees earn over a hundred yuan a month, while those like Lin Chen, who have been promoted to deputy director, are already earning over two hundred yuan a month.
The tens of thousands of yuan she earned was equivalent to two or three years' salary!
She dresses up in her finest clothes every day and chooses only the best food and clothing.
In her view, current housing prices are already very high and cannot rise much further.
Jiang Ning has bought so many houses and has so much capital tied up in them. Why not sell them now and get rid of them quickly?
Of course, she wouldn't be so kind as to offer advice; she'd rather the house fall into her lap.
Despite rising house prices, the housing prices in Jixiang Community have remained sluggish.
In recent years, several minor accidents have occurred in the houses in this community, making the already unpopular houses even less desirable.
Jiang Ning has acquired quite a few houses, ranging from a few hundred to over a thousand yuan.
Everyone knew the houses could be sold, so they sold them at rock-bottom prices.
Those who are still living in the community now are people who simply don't have the money to buy a house outside.
Anyone who bought a house elsewhere is thankful that they sold it in time and bought a new one.
Some long-time residents, seeing that the houses in the community were getting more and more dilapidated, organized several gatherings to inquire about the demolition progress from relevant departments.
Yao Zheng gave them a clear reply: the government has no intention of expropriating the land. It may consider doing so in the future, but it will have to wait for the right time.
Over the past few years, Aunt Pang has been arranging for Jiang Ning, Lin Qiao, and Yang Lu to buy quite a few houses, totaling several hundred, which has made her feel panicked.
She was worried for them; if things continued like this, these houses might become worthless in her hands.
Jiang Ning told her to relax and just help her register the house. A house costs only a few hundred yuan, which isn't much money. Keeping it for ten years won't affect her life.
Her assets reached tens of millions three years ago. In recent years, her company's business has developed rapidly, and she has made a lot of money. The money in her bank account has reached forty million.
For her, buying these houses was just a drop in the ocean, and Yang Lu helped manage them without much effort.
Unexpectedly, a turning point came suddenly two months later.
A Hong Kong businessman came to the mainland to invest and took a fancy to a piece of land. He wanted to build a large shopping mall there, so he approached the government to buy the land.
During this era, Hong Kong's housing prices experienced their first major leap, rising from a few hundred dollars per square meter to over two thousand dollars per square meter. As a result, some Hong Kong businessmen turned their attention to the mainland market.
The government has already sold the land as a package.
The Hong Kong businessmen quickly posted a notice offering a housing subsidy of HK$500 per square meter, asking everyone inside to move out.
Those who stayed inside were overjoyed.
Five hundred yuan per square meter, so fifty square meters would be twenty-five thousand yuan.
With that much money, you could easily buy a house anywhere else.
Even Yao Zheng, who is in charge of housing at the Urban Construction Bureau, did not expect that this community would be included in the demolition scope overnight, and that the compensation would be so high.
He watched helplessly as Jiang Ning carried a stack of property certificates to process the demolition compensation procedures.
She owned more than 200 properties, with a total area of over 15,000 square meters, and received eight million yuan in compensation.
Lin Qiao and Yang Lu each had dozens of sets of equipment and received huge compensation of over one million and two million yuan respectively.
Jiang Ning appeared on television again because of the compensation issue.
When interviewed by reporters, she was asked why she had hoarded so many houses beforehand, and whether she had inside information in advance.
She smiled slightly, "Because I believe that our motherland will become stronger and stronger, and all assets will appreciate in value."
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