Chapter 803 Continuing to Buy Houses During this period, Shen Mo discovered that Lu Qingyang liked to wander around the various hutongs of Beijing whenever he had free time.
At first, she thought it was a work-related matter, until one time, she went with Lu Qingyang to see an old courtyard house for sale. Watching him seriously discuss the price and property rights with the homeowner and the street officials, she couldn't help but tug at his sleeve and quietly ask the question that had been bothering her.
"Qingyang, we're living quite well now, and Grandpa's place is all settled. Why are you... suddenly so interested in buying a house?"
Shen Mo linked arms with him as they walked back from viewing the house. The evening breeze gently ruffled her hair. "I think a house is good if it's big enough and cozy. Hoarding so many is just a waste of money and energy."
Lu Qingyang smiled and said, "We need to look at things from a developmental perspective. Think about it, in the past, you needed ration coupons to buy things, and houses were even more allocated by the state, which was related to commodities. But now, the policies have been relaxed, and private buying and selling is allowed."
He pointed to the seemingly ordinary courtyard walls around him: "What does this mean? It means that houses will become a commodity in the future, and a very special commodity."
Shen Mo tilted her head slightly, listening more attentively.
"Look at this capital city, the heart of the nation. In the future, it will only attract more and more people to work, study, and settle down. With so many people and so much land, you tell me, the demand for shelter from the wind and rain will only increase. Right now, these old courtyards might have negotiable prices, but in the future, land in the capital will truly be incredibly valuable."
The price we think is reasonable now might seem like a steal in a few years. Buying it now, even if we live in it ourselves, whether we rent it out or keep it, it will be a stable source of wealth that outperforms inflation. This is much more worthwhile than putting all our money in a credit union.
Looking at Shen Mo's thoughtful expression, he added, with a slightly joking tone, "It's like when we're doing an experiment and we see a new direction with huge potential. We can't just miss the opportunity to plan ahead because it seems ordinary right now, can we? We're laying a more solid foundation for our future business."
Although Shen Mo was proficient in business calculations, she was smart and insightful. More importantly, she trusted Lu Qingyang's vision and judgment.
After listening to his analysis and considering the recent changes, my doubts gradually dissipated.
She nodded gently and tightened her grip on his arm: "Now that you mention it, it makes sense. So... when you're looking at the yard, could you please keep an eye out for places that are close to the hospital or convenient for the children to go to school in the future?"
During this period, Lu Qingyang set his sights on three properties.
There is a courtyard house deep in an inconspicuous alley in the east of the city. The house itself is really old, with peeling paint on the walls and several broken paving stones in the courtyard.
Seeing how old the courtyard was, Shen Mo was a little doubtful: "This place looks so remote and old, is the location really that good?"
"The houses here are only a few, but a school will be built next to them in the future."
The second property is located in the western part of the city. Strictly speaking, it is a detached house with a courtyard, but it consists of several old houses connected together. The property rights are a bit complicated and will require some effort to sort out.
The surrounding environment is so-so, and it's close to old factory dormitories.
Lu Qingyang led Shen Mo around the area, pointing to the crisscrossing power lines overhead and the very wide roads, and analyzed, "This area looks messy, right? But I've heard that according to the municipal plan, road widening and old city renovation pilot projects will begin here in the second half of next year."
He knocked on the wall of the house: "The house itself is valuable, but what we're betting on is the land it sits on. Once the redevelopment starts, there will be a lot of demolition compensation. More importantly, the area will be completely transformed, and land prices will naturally rise. This 'relying on policy' has some risks, but the returns could be very considerable. It's suitable to use some spare money for a long-term investment."
Shen Mo nodded thoughtfully.
This last one is located in the northern part of the city, not too far from the Forbidden City, in a quiet alley that retains the charm of old Beijing.
It's a standard courtyard house with blue bricks and gray tiles. Although the paint on the vermilion gate has faded a bit, its grandeur remains.
There is an old pomegranate tree in the yard, which provides shade in the summer and bears fruit in the autumn.
Lu Qingyang stood in the courtyard, his eyes filled with the same expression.
“This set is the same.” He said to Shen Mo, his tone much more serious.
“Look at this layout, facing south, orderly on all four sides, the brick carvings, the beams and pillars, all are old craftsmanship. It is not just a place to live, but the soul of Beijing, the culture.”
He further explained: "The first two sets are investments, things that make money. This set is about heritage, something that can be left as hard currency for future generations. In Beijing, the capital, these well-preserved courtyard houses are becoming increasingly rare."
In the future, no matter how much money I have, I'll definitely be able to buy an old house in this location and in this condition. Its value will steadily increase over time, more reliable than anything else. This is my most valuable and enduring asset.
Of course, three sets are definitely enough; he will continue to buy more when he finds suitable ones in the future.
All three sets were placed under Shen Mo's name.
Shen Mo was flattered: "Qingyang, you put everything in my name... Is this really okay? Did you buy this?"
"What's yours and mine? It's all ours. You bore me children, so you deserve it."
A sweet feeling welled up in Chen Mo's heart.
Sure enough, only Lu Qingyang would treat her so kindly without reservation.
Not only that, Lu Qingyang bought a set for each of his parents.
They are also soldiers, so they dare to release many people under their names.
During the winter break, Lu Qingyang even made a special trip to Guangzhou to buy a house.
Houses in Guangzhou are much cheaper than those in Beijing, and there are no restrictions.
In the eastern suburbs of Guangzhou, some early development zones are under planning and construction.
Lu Qingyang found a row of townhouses with relatively clear property rights here, and the price was as low as cabbage.
This place will become a hub for factories and businesses in the future.
When workers and managers come, they need to stay and live.
Buy these houses now, renovate them slightly into dormitories, small restaurants, and grocery stores, and just collect rent, and you'll have a steady, long-term income.
He was optimistic about the demographic dividend and housing demand that would inevitably result from the industrialization process.
Thinking back, my old dream is really about to come true; I'm going to become a landlord.
Besides business considerations, Lu Qingyang noticed some quiet and secluded areas in Guangzhou.
He found a somewhat lonely two-story building with a small courtyard near Dongshan Lake.
This place is still relatively quiet now, but it will become a high-end villa area in the future.
Continue read on readnovelmtl.com
