"Yes, Your Majesty, that little courtyard was worth 200,000 coins when you gave it to me, and now it's worth ten times that!"
When asked about the price of his courtyard, Xi Zhicai was not happy at all; instead, he shook his head with a bitter expression.
"How could this be? How much time has passed?"
"Your Majesty, with the development of Luoyang's economy and the prosperity of its commerce, the housing prices in Luoyang have also risen sharply! Although the salary you give me is very high, it is still very difficult to buy a decent house!"
In conclusion, Xi Zhicai sighed softly, "If housing prices continue to rise at this rate, I'm afraid I won't be able to afford a house at all!"
Liu Hong frowned, realizing that something was wrong.
Clothing, food, housing, and transportation.
Having enough to eat and wear is the basic requirement for people to survive.
But what happens after that?
That's real estate.
For a country to achieve healthy and stable development, the happiness of its citizens is of paramount importance.
Having one's own house and not being burdened by housing can maximize people's happiness.
The real estate industry is indeed a very important industry for the country.
Therefore, Liu Hong established the Royal Engineering Team to prepare for the future housing industry of the Han Dynasty, thereby driving further industrial development and enhancing the country's infrastructure and national strength.
However, if a house requires people to put in all their income, or even the income of two generations, they lose their purchasing power.
Then, before long, the business you've worked so hard to develop will once again stagnate.
Everything I own will vanish due to the abnormal development of the real estate market.
A real estate bubble is something Liu Hong absolutely cannot allow to happen.
Thinking about what would happen in the future, Liu Hong felt a chill run down his spine.
"His Majesty.....?"
Upon noticing the emperor sitting there silently, Xi Zhicai couldn't help but speak up to remind him.
"Ah, I'm fine. Zhicai, what are your thoughts on the housing prices in Luoyang?"
Coming to his senses, Liu Hong looked at Xi Zhicai with a serious expression.
Xi Zhicai pondered for a moment, then said in a deep voice:
"Your Majesty, a house holds the same place in the hearts of the people as food and clothing—both are necessities!"
If the price is too high, it will exceed the affordability of ordinary people. Once the people cannot afford it, I'm afraid...
In the end, Xi Zhicai quickly shut his mouth and glanced at Liu Hong cautiously.
"Zhi Cai is right. This matter must be taken seriously, and we must take precautions to prevent it from happening again..."
Liu Hong's expression also became unusually solemn at this moment.
This is no small matter; we must prepare in advance.
"Jian Shuo!!"
"Yes, sir!"
"Immediately summon the Grand Tutor, Minister of Works, Minister of Agriculture, Commandant of the Capital Region, Grand Minister of Agriculture, Zhao Zhong, and Lü Qiang to the palace for a hearing!"
"promise!!"
Seeing the emperor's serious expression, Jian Shuo didn't dare to delay and hurriedly ran outside.
Watching Jian Shuo run away, Liu Hong looked at Xi Zhicai with a serious expression.
"Zhicai, what do you think is the main reason for the current rise in property prices in Luoyang?"
"Your Majesty, I believe that the rise in housing prices in Luoyang, besides demand, is mainly due to the rise of local workshops and factories, which has absorbed a large influx of labor into Luoyang!"
Furthermore, with the economic development of Luoyang, people have more money in their hands...!
"Zhicai is saying that someone is eyeing the money in the hands of ordinary people...?"
Upon hearing the last part, Liu Hong stood up abruptly, his face darkening even more.
"Your Majesty, please calm your anger. As the saying goes, 'Where there is land, there is wealth.'"
Real estate is a necessity for people's lives. Even if the authorities don't monitor it, people will buy it themselves when they have the money!
Sensing the sudden murderous aura emanating from the emperor, Xi Zhicai quickly offered an explanation.
"Phew! Zhicai is right, I was indeed too attached to appearances!"
Upon hearing Xi Zhicai's words, Liu Hong let out a soft sigh of relief.
Only then did I realize that I had been a bit too sensitive.
People buy houses because it's a basic necessity; you can't stop them, and you shouldn't. Otherwise, so many people wouldn't go bankrupt and carry a lifetime of debt just to buy a house, right?
Ultimately, the arrogance of those individuals stems from the indulgence of the common people.
Before long, Chen Fan, Hu Guang, Cao Song, Yuan Feng, Yang Qiu, Zhao Zhong and others also hurriedly arrived at Deyang Palace.
"Your Majesty, we, your humble servants, pay our respects!"
"Gentlemen, please dispense with the formalities and be seated!"
"Thank you, Your Majesty!"
After everyone was seated, Liu Hong didn't bother with pleasantries and turned to look at Xi Zhicai beside him.
"Zhicai, please repeat what you just told me to all of you in detail!"
"promise!!"
Xi Zhicai nodded, then stood up and bowed to Chen Fan, Hu Guang, and the others.
"Grand Tutor, Minister of Works, it's like this, I just discussed the matter of real estate in Luoyang with His Majesty...!"
Then Xi Zhicai explained in detail to everyone present the concerns he and the emperor had about the future of real estate.
Upon hearing the final words, Chen Fan, Hu Guang, and the others frowned with grave expressions.
Chen Fan then said in a deep voice, "Your Majesty's concerns are justified. Real estate may become one of the main industries, but we must not rely on it excessively!"
"Indeed, inflated property prices will make it impossible for ordinary people to buy other goods, which is extremely detrimental to the Royal Trading Company and the country's tax revenue!"
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