Chapter 111 Old House



Director Guan called Chen Hong to ask if she still wanted to buy property.

He had a classmate who went bankrupt from stock speculation and owed a lot of debt. He wanted to sell his property and asked Chen Hong if she was still interested in buying it.

Through a phone call, it was learned that Director Guan's classmate was once a big shot in the financial world, who had a smooth ride into the stock market and made a lot of money.

They own many shops and properties across the country and are now in a hurry to sell them, but prices have plummeted, some even by half.

Director Guan knew that Chen Hong had always liked to buy real estate for investment, and that Chen Hong had a lot of cash on hand, making her the most suitable target customer to help his classmate.

Chen Hong is currently having a headache. Holding so much cash in her hands, she is constantly worried and unable to sleep.

If we were to acquire another batch of properties through Director Guan now, it would definitely be the safest investment channel.

Even the highest stock returns can fluctuate. Haven't you seen how many financial investment gurus have gone bankrupt and had to sell their properties to save themselves?

As an outsider, relying solely on my intuition to predict stock market fluctuations isn't enough to guarantee success in buying and selling stocks. One slip-up, and all that money could vanish like a bubble.

It seems I'm better suited to be a "property lady," living off rent when I'm old.

Having made up her mind, Chen Hong entrusted Director Guan and Fang Yitong to examine these properties for her. If it was confirmed that there were no economic disputes, she could also purchase a few more shops.

They agreed to meet in Beijing two days later to discuss the matter. After hanging up the phone, Chen Hong immediately called Wang Chen back.

Since I met Wang Chen, he would never call me unless it was something important. The fact that he was in such a hurry to contact me this time must mean something important.

The phone had barely rung once when Wang Chen answered it immediately. Incredibly, Wang Chen's purpose in calling was also to sell real estate.

"Sister Chen Hong, I'm so sorry to call you. I really have no other choice. I hope you can help me."

"Tell me what it is. I'll definitely help if I can, but if it's something beyond my capabilities, there's nothing I can do. Tell me first."

"Sister Hong, you're in your hometown, so you might not have heard, but many people have gone bankrupt in the stock market. I have a friend who is one of them."

If I hadn't discovered him early, he would have jumped off the building already. He is my benefactor. If it weren't for his help, I would have gone back to my rural hometown to farm long ago.

But I can't help him financially. We've been looking for someone to take over his property for three or four days, but the Shanghai stock market crash has had too much of an impact, and no one is buying second-hand houses.

I had no other choice but to think of you. He has two properties to sell at a low price, one of which is an old villa, and it's quite nice.

The Shanghai market is in chaos right now. He urgently needs money and wants to sell but can't find a buyer. If you're interested in buying now, it's the perfect time.

I know you're using them for investment. Both of his properties are in good locations. Would you be able to come to Shanghai and take a look at his properties?

If you find something you like, buying it can help him through this difficult time. Don't worry, the price will definitely be much lower than the market price.

If you don't step in, he won't be able to sell it quickly, and the bank will have to repossess it, which would be an even bigger loss for him. Would you mind reconsider, Sister Hong?"

After hanging up the phone, Chen Hong fell into deep thought. Sure enough, Wang Chen had something very important to discuss with her.

Chen Hong breathed a sigh of relief. Fortunately, it wasn't anything particularly difficult for her. It seemed she still had to make the trip. If the location was indeed good, buying it would be fine.

Anyway, with Wang Chen in Shanghai, I don't need to worry too much. I can just sit back and wait for the value to appreciate. This way, I can also save his friend. It's like doing a good deed every day!

After receiving those two phone calls, Chen Hong suddenly felt no longer confused. Compared to the legendary "Sister House" from her previous life, she was nothing now.

People who need to buy a house will still buy one, people who need to go out to sea will still go out to sea, people who need to farm will still farm, and people who need to take care of their children will still take care of their children.

I need to gradually adapt to this kind of life, temporarily forget about the zeros in my bank account, and start afresh!

Chen Hong and Wang Chen had made arrangements to fly directly to Shanghai; saving their lives was the priority. In Beijing, the relevant department head and Fang Yi were present, so arriving a couple of days later wouldn't cause any problems.

After handing the child over to the village chief and his wife, Chen Hong booked her plane ticket in the afternoon and flew to Shanghai that very night. There is only one flight a day from Rongcheng to Shanghai, departing in the early morning.

It was already 12:30 a.m. when they arrived in Shanghai. Near the airport, they found a large hotel to check into. Chen Hong booked a deluxe executive room, which did not include breakfast.

The next morning, after checking out of the hotel, I took a taxi to Wanshouzhai, where I had arranged to meet Wang Chen. I ordered a bowl of wontons and two baskets of steamed buns, and ate while waiting to meet Wang Chen.

Before they had finished eating, Wang Chen arrived. Seeing that Wang Chen looked tired and hadn't rested well, Chen Hong knew that he hadn't eaten breakfast either, so she ordered another meal for him. The two ate and talked.

Seeing that Chen Hong had come to Shanghai overnight, Wang Chen finally felt relieved and thought that things should be settled.

Wang Chen first introduced the address of the old villa to Chen Hong. It was located on Huaihai Middle Road and was an old villa with independent property rights.

The owner of the house is surnamed Wang and is from Wuxi.

Mr. Wang bought this house in 1987 for 780,000 yuan. The family lived there until 2005 when they bought a new villa and moved out.

Mr. Wang and his wife had planned to move back here to retire after the renovation. The location is in the city center, offering a quiet retreat amidst the hustle and bustle, and the surrounding commercial and medical facilities are more convenient than those in a suburban villa.

Unexpectedly, just after the house was renovated, Mr. Wang suffered his first major setback. He lost over 100 million yuan in stocks, and his company's cash flow dried up, leading to bankruptcy.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

Continue read on readnovelmtl.com


Recommendation



Learn more about our ad policy or report bad ads.

About Our Ads

Comments


Please login to comment

Chapter List