Su Wei explained her idea of buying land near the train station, saying, "My second uncle asked me to discuss it with you. If you agree, he'll sell me half of that land. But he said it won't work if even one of you disagrees. I'm begging you, I really want to buy that land."
Su Wei's words were hypocritical, completely absolving her second uncle of any responsibility.
The four village officials weren't stupid; they knew this girl was trying to trick them, but they couldn't refuse out of respect for her second uncle.
Su Wei is no longer the naive young girl she once was. Now that she has such great assets, everyone wants to support her. Moreover, Su Wei's in-laws have helped the four of them before, so from any perspective, they can't refuse.
The four village officials discussed the matter over a meal and ultimately decided to sell the land, 20,000 square meters, to Su Wei.
The village head said, "Sign the contract tomorrow. After you sign the contract, those thirty acres of land will be yours."
In the entire Su Village, only Su Wei could afford that piece of land; no one else could. She said, "Thank you."
After dinner, Su Wei prepared a mahjong table for the four of them and asked them to sit down and play mahjong.
It was supposed to be a mahjong game, but it was really a gift-giving game. There was two thousand yuan on the table in front of each person. The four of them played a few rounds of mahjong and then took the money home.
Su Wei spent only three million yuan to buy 20,000 square meters of land near the train station, and signed a land sale contract with the village the next day.
However, no money appeared, so Su Wei gave the village an IOU.
That afternoon, she went to her second uncle's house with the IOU in hand. Her second uncle asked, "Girl, when are you going to transfer the money to the village?"
Su Wei handed the IOU to her second uncle and said, "I don't have any money right now, so I can only give the village an IOU."
After taking the IOU and reading it, my second uncle said, "Girl, I'm not trying to criticize you, but this is no way to do things. You sold the land to me for a pittance and now you're giving the village an IOU."
Su Wei laughed and said, "Who told me to be your daughter? If I give all the money to the village, what will I use to build it up?"
My aunt laughed after hearing this, saying, "I didn't expect your daughter to be so good at lying."
Su Wei said with a smile, "Because I am your daughter, you can treat me however you want at home."
After hearing this, my second uncle smiled and said, "Alright, it's all my fault. I'll give the IOU to the accountant this afternoon."
Su Wei then went to the relevant municipal department to obtain a permanent land use certificate, and half of the land thereafter became hers.
Land prices now are incomparable to those of the past. The current land price is so high that even if Su Wei were to buy it, no one else could afford it for five million. If Su Wei were willing to make a move, Dong Qing would probably be willing to offer her six million. Such a prime location is not a matter of money; no amount of money can buy it.
Upon learning this, Dong Qing laughed and said, "It's true that having connections in high places makes things much easier. I approached your second uncle many times but couldn't secure that land. You bought it for such a low price, and even took out a loan. It's truly infuriating to compare yourself to others."
Su Wei said, "Don't be angry. You probably don't know, but I had to beg and plead with my second uncle before he agreed to sell me that piece of land."
Dong Qing laughed and said, "If it were my second uncle, I would have also tried to persuade him with all my might, but I didn't even have the chance to do so."
Su Wei said, "A few years ago, I never imagined that this place would develop so quickly, let alone that land would be so valuable. I really regret that I should have bought that piece of land the first time I bought land. If I had, it wouldn't have cost more than 300,000 yuan. Now I've spent 3 million yuan to buy 20,000 square meters of land, and it was so difficult to buy. It hurts to think about it."
Dong Qing said, "Sister-in-law, don't be so stingy. I'll let you resell it for 3 million, sell it to me for 6 million, how about cash?"
Su Wei smiled and said, "I'm not the naive girl I was a few years ago; I wouldn't sell myself for any amount of money."
Having tried to buy land twice, she knew all too well what it was like to have money but not be able to buy land. If it weren't for her second uncle, she wouldn't have been able to buy that land even with six million yuan, because the village wouldn't sell that land for any price per acre. Just like she said, would she sell the land she had begged and pleaded for?
Dong Qing asked, "You're right not to sell such a prime piece of land. It's worth six million now, and even if it's worth ten million a year later, you wouldn't sell it. It's faster money than picking it up from the street."
Dong Qing was absolutely right. In the early 1990s, prices were just starting to rise, and they were rising very quickly. Back then, land could be bought but not sold. Once you sold it, you would regret it for the rest of your life. You bought land, but you threw away money.
Su Wei said, "I didn't understand it before, but I still do now. Prices are rising faster than the wrinkles on an old lady's face. I want to seize this favorable opportunity to start a business."
Dong Qing asked, "What do you plan to do with this land?"
She asked, "I want to build a large shopping mall on 20,000 square meters of land, but I don't have the money to build it right now. Can I postpone it for a few more years?"
Dong Qing said, "Are you stupid? What are you waiting for? Prices are rising every year. If you wait a few more years, will you even be able to afford to build it? Let me tell you this: for example, if you have 20 million to build the mall now, 50 million probably won't be enough in three years. Let me ask you, will you be able to save 50 million in three years?"
Su Wei looked at Dong Qing in disbelief and said, "What you're saying is too far-fetched. Can prices really rise that high in three years?"
Dong Qing said, "Let's not talk about the distant past, but about the recent past. How much did you spend on that piece of land at the end of 1987? How much is it worth now? That piece of land was in a better location than this piece of land is now. You only spent 60,000 yuan, but you couldn't buy it for 3 million yuan now. You can do the math yourself and see how many times that is."
The machinery factory I acquired in 1990 for three million yuan, I couldn't even buy it for ten million yuan today. Even if I took out a loan to acquire it for three million yuan, how much interest would I have to pay over three years? You should be able to do the math, right?
Everyone can see through what has happened in the past, everyone can see the funds that have been lost in the past, and everyone can calculate the past accounts.
But the road ahead is dark, and who knows what will happen later? If they had known what would happen later, Dong Qing would have given Su Wei 40,000 yuan to build a house. Even if she hadn't built the house, she would have used the 40,000 yuan to buy land, and let her pick and choose from the land in the village.
At the time, 40,000 yuan could buy 40 mu of land. How much would 40 mu of land cost now? A family wouldn't spend that much money staying in a hotel in the city over the years.
The development in recent years has been so rapid, it's astonishing.
Su Wei was born in the early 1960s. From the time she could remember until 1987, there were basically no major economic changes. Prices were always like lukewarm water. For example, in 1970, pork cost 78 cents a pound, and in the 1980s it cost 80 cents a pound. Prices remained the same.
When Dongqing bought the land in the spring of 1985, who could have foreseen how quickly it would develop later? Otherwise, no one would have called Dongqing a lunatic.
Even when Su Wei bought the land at the end of 1987, she couldn't have foreseen how quickly it would develop.
If she had seen it back then, she could have bought the current 30 mu of land for 200,000 yuan, because she could issue IOUs for any amount of land she wanted.
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