Chapter 127 The liquor cycle comes suddenly
"What are the prices?" Li Feng continued to ask.
"The one in Jinjiang Garden is cheaper at 7,000 yuan per square meter. The one in Dongcheng Plaza is a little more expensive at 7,500 yuan. The one in Shuixie Huadu is more cost-effective at 8,000 yuan per square meter."
“So expensive?”
"These houses are all very good, both in terms of the neighborhood environment and the surrounding facilities. If you're looking for a cheaper house, we have them available. For example, this one in Dongyuan Community is ten years old, has three bedrooms and is 100 square meters. It's on the top floor of the sixth floor, with no elevator, and it's only 4,500 yuan per square meter, and the price is negotiable."
"There's no elevator, it's on the top floor, and it's ten years old. I can guess it's an old and dilapidated community without even going to see it. It's definitely not something I can consider. I'll just take a look at these houses first." Li Feng said after pondering for a while.
When buying a house, Li Ka-shing once said that location is everything.
Many times, although two communities are only separated by a street, the prices differ by several thousand yuan because of the differences in environment, property, school district, and age of the houses.
Therefore, when buying a house, especially buying a house with a loan, if you are not under much pressure, try to buy a more expensive house. You get what you pay for.
Li Feng plans to buy this house all at once, and he will probably live in it for seven or eight years, or even ten years, so he cannot consider this type of house.
Li Feng drove and followed Fang Xiaoyu. They first looked at the house in Jinjiang Garden, then the house in Dongcheng Square, and finally stopped the car in front of Shuixie Huadu.
As soon as he walked into the community, Li Feng felt his eyes brighten. On both sides of the wide square were planted plane trees. Not far away, a huge lake stood in the center of the community.
The lake is several thousand square meters in size, and several ships are moored near the shore.
There is a wooden plank path around the lake, with seven or eight wooden swings dotted along the path, and a dozen children are laughing and playing.
"Menghan, the environment of this community is really nice." Li Feng couldn't help but praise.
"Look, there's a pavilion standing between the buildings, above the water," Lin Menghan exclaimed with a twinkle in her eyes. "Pavilions, terraces, and towers, a city of flowers and waterside pavilions, truly live up to its name. I've heard for a long time that this residential complex has the best views in the development zone. Seeing it today, it's truly worth the trip."
Fang Xiaoyu couldn't help but smile as she listened to the conversation between the two, and she couldn't hide it no matter how hard she tried.
There's a chance of a deal!
Moreover, they should not be in the same industry!
So, Fang Xiaoyu continued to recommend:
"It's winter now. In summer, the lake is filled with lotus flowers and koi, and the environment here will be even more beautiful. Also, this community has separate lanes for pedestrians and vehicles. Both bicycles and cars must go through the underground garage, so children can play on the ground, which is safe. There's a kindergarten in the community, a primary school across the street, and a hospital one stop away..."
"There are very few houses available in this neighborhood. If the owner isn't in a hurry to sell, you might not even be able to buy one for 8,000 yuan. If you want to buy one, you'd better hurry."
Like securities firms, real estate agents’ main purpose is to facilitate transactions. Only when the transaction is completed can they get commissions. Therefore, you cannot ignore what real estate agents say, but you cannot listen to everything either.
Hearing this, Li Feng replied calmly: "Let's go check out the house first."
"Okay!" Fang Xiaoyu took out the key and got on the elevator to Unit 1, Building 7. When the door of Room 603 opened, the view suddenly became clear.
"It's so big!" Lin Menghan couldn't help but sigh.
Li Feng was also amazed. He saw that the living room of this house alone was nearly 50 square meters and was bright enough to accommodate a pool table or two ping-pong tables. Each of the three bedrooms was more than 10 square meters. The two bathrooms were separated into dry and wet areas and were kept spotlessly clean. The kitchen was fully equipped with wooden cabinets and was spotless.
"Because it's multi-story, the floor space ratio is high, and each bedroom has a bonus area. Furthermore, the bonus area also includes the rooftop terrace, which isn't recorded in the property deed," Fang Xiaoyu said, pointing to a staircase. "Look, up there is the attic."
Lin Menghan and Li Feng browsed through all the rooms, then went up the stairs to the attic and came to a small platform on the roof. The platform was surrounded by a stainless steel fence, and there was a rattan table, three rattan chairs, and several pots of flowers on it.
Fang Xiaoyu continued, "This viewing platform is also a gift. When you're relaxing, you can plant flowers and enjoy the scenery. Of course, it can also be enclosed and used as a sunroom, which adds another room."
Lin Menghan went up to the observation deck and sat on a rattan chair, overlooking the distance. She saw trees standing in the community and the silver lake. The whole scene was in sight, which made her feel relaxed and happy.
"The house is nice," Li Feng was also very satisfied, but he also wanted to try to bargain, so he said, "It's on the top floor, but I'm worried about leaks. Besides, the house is six years old, so it's quite old."
The problem is the buyer.
When Fang Xiaoyu heard Li Feng start to list the shortcomings of the house, the smile on her face became even bigger.
"Don't worry, the owner has lived in this house for three years, so it's definitely leak-proof. You two can sign a supplementary agreement," Fang Xiaoyu explained. "Also, the community property management is excellent. After six years, it's still the best community in the entire development zone."
“What’s the lowest price?”
"7,700 yuan, any lower, only you and the landlord can negotiate."
"Oh," Li Feng turned to look at Lin Menghan and said, "Menghan, please help me negotiate the price and see if it can be cheaper."
"Um."
Fang Xiaoyu smiled, sat next to Lin Menghan, called the landlord, and the two started negotiating the price.
Li Feng stood on the observation deck, looking at the scenery in the community and the cars speeding on the street. He couldn't help but feel an indescribable sense of belonging and security in his heart.
I want a house too.
I want to have a nest too.
After a while, Lin Menghan finished the call and said, "The minimum is 7,500 yuan."
"so much?!"
Li Feng was a little surprised. The price was 200 yuan cheaper per square meter. This house was 140 square meters, so that was 28,000 yuan. It seemed that he had found the right person to ask Lin Menghan to come and see the house today.
When it comes to bargaining, women still have the advantage.
"When can the agreement be signed?" Li Feng asked.
"Brother, I'll get ready tomorrow."
Fang Xiaoyu was so happy that she didn't expect that the deal would be done the first time she took the client to see the house. It was like spending two yuan to buy a lottery ticket and suddenly winning five million. It was unbelievable.
If this house is sold at 7,500 yuan, it would be 1.05 million yuan. Based on the 1.5% agency fee, it would be more than 15,000 yuan!
It seems that my luck has come.
In this society, money makes the world go round.
In just five days, Fang Xiaoyu completed all the preliminary procedures and was just waiting for the loan to be released and the certificate to be obtained after the New Year.
For this house, Li Feng paid a 30% down payment, 320,000 yuan, and took out a loan to pay off the rest over 30 years, with a monthly repayment of 3,874.31 yuan.
"That's a lot! More than my monthly salary..." Zhao Xinyue was a little shocked after seeing it. "Every time I open my eyes, I owe the bank over a hundred yuan. Isn't this too much pressure?"
"The pressure seems great now, but it will be less in two years. Once inflation occurs, the debt will be diluted directly, and a lot of debts will be defaulted on," Li Feng said with a smile. "So, I'm going to take advantage of it before inflation starts."
"Well, I still have 50,000 yuan. I can mortgage my car for another 40,000 or 50,000 yuan, which will bring me to 80,000 or 90,000 yuan. I'm going to buy a small, run-down apartment in Dongyuan Community, about 60 or 70 square meters with two bedrooms and a living room. That's perfect."
"You, you still want to buy a house? Mortgage your car and take out a loan to buy a house? How dare you be so bold?" Zhao Xinyue's eyes widened, and she couldn't help but question, "How are you going to pay off the loan every month?"
Li Feng calculated:
"My annual dividends from Gree Electric alone can reach over 100,000 yuan, plus Kweichow Moutai should bring in over 100,000 yuan, which is more than enough to cover the mortgage. As for the small house, I'll rent it out after I get it. I can get at least 600 yuan a month, and I can add a little bit every month to cover the mortgage."
"You're trying too hard."
Zhao Xinyue felt a little worried.
Li Feng comforted him, "Don't worry, I know what's going on. The worst-case scenario is that house prices don't rise, but even then, my dividends will be enough to handle it."
"The real estate market is just like the stock market. Once you spot a rare and big opportunity, you must not let it go. Only by leaving a way out and calculating the risks, and then striking hard, can you reap big profits. Just like my two previous 10x leveraged investments in new stocks and convertible bonds!"
“It seems like a big risk, but it’s actually controllable.”
"It's just that if I have to put my name on that investment property, even if it's a second property, why not put your name on it?"
"My name?" Zhao Xinyue's heart sweetened as she replied, "Then you must not regret it."
"Why would I regret it? It's only about 80,000 or 90,000... If the stock market performs well, the gains will come back in a few days!"
Li Feng laughed loudly, picked up Zhao Xinyue by the waist and threw her onto the bed.
Two days later, Li Feng went to Fang Xiaoyu to find an apartment. He paid a deposit of 20,000 yuan and invested in a small two-bedroom apartment in Dongyuan Community. However, the owner had gone abroad and would not be back until after the New Year.
In a flash, several months passed.
After the garbage trading period before the New Year, the Shanghai Composite Index climbed to 2,900 points, then plunged to 2,638 points on February 29, and then slowly climbed to 3,000 points, fluctuating until May 1st.
On May 6 and 9, there were two more negative lines, and the index suddenly dropped to 2,800 points.
It seems that 3,000 points is an iron ceiling, and the Shanghai Composite Index cannot climb up no matter how hard it tries.
Just as many investors were trembling with fear, the cycle of the liquor industry suddenly arrived, beyond everyone's expectations!
Kweichow Moutai's first quarter report of 2016 showed that the company's operating income increased by 18.43% year-on-year to 32.296 billion yuan, while its net profit increased by 23.58% year-on-year!
In the first quarter alone, earnings per share reached 13.73 yuan, exceeding the performance for the whole year of 2015!
In other words, in just one quarter, we completed the entire year's work.
Exploding performance!
It is truly a heavy tank with a revenue of hundreds of billions, and it runs at the speed of BYD.
"Great!" Li Feng looked at the performance in the trading room and praised it highly.
The liquor cycle has finally arrived.
On the opposite side, Li Dian, who came to exchange stock trading experience, watched Kweichow Moutai heading north without paying any attention to the trend of the market, and regretted it so much that he slapped his thigh.
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