After being reborn as a top student, she made it onto the Forbes rich list
Chapter 126 Real Estate Can’t Be a Carnival Forever
In a few years, it will be the golden age of live streaming and internet celebrities selling goods.
There are also some famous internet celebrities and writers.
I made a lot of money. Plus, this community is near the CBD of Shanghai, and it's a large flat with a river view, so the scenery is excellent.
Everyone who has money tries to get a house here.
Especially famous on the Internet.
Plus, those who can afford large apartments in first-tier cities are either rich or noble.
Therefore, there are very few houses that people are willing to sell.
It is a product that is priced but not sold.
At that time, internet celebrities and stars were all proud to live in this community.
On a social app called XiaoXshu, which has been popular for a while now, rich second-generations or internet celebrities often secretly show off a corner of their river-view apartment.
Attract readers to ask: "Which neighborhood is this? It's so beautiful!"
In 21, housing prices reached their peak. If Lu Hui had sold his house in that year, he would have made a fortune.
When Lu Hui heard this, his expression froze.
He asked Zhu Heyi: "Do you think housing prices will not continue to grow at the current rate?"
Zhu Heyi smiled and shook his head.
"Looking at the lessons learned from the island countries, we know that real estate cannot be a carnival forever. Now we have covered the same path that took others a hundred years in less than 20 years, but the average wage has not increased much. We can't find a buyer, and subsequent growth is weak!"
Putting aside the reason that she was an insider who traveled back from the future, Zhu Heyi had also analyzed this before.
House prices cannot rise forever, just like stocks and funds, there are bull markets and bear markets.
After more than 20 years of bull market, the real estate market is bound to enter a bear market.
Besides, ten years later, the salary of college graduates will be the same as it is now, still 3,500 to 5,000, but the housing prices will be more than ten times what they are now.
What do they use to buy houses?
Everyone generally becomes autistic and then comes to terms with it, deciding to just live life like this for the rest of their lives.
It's also good to be a young person with no house, no marriage and no children.
Buying an apartment means becoming a lifelong slave, and the fertility rate drops rapidly.
There is no one to take over at all.
Of course, it would definitely be good to own a few great properties in the core urban areas of core cities.
But houses have a lifespan, and you’ll need to replace them after owning them for a maximum of ten years.
Who is willing to take over this old and dilapidated house?
But in this case, the cost of holding the house will be too high.
Houses in core cities range from the cheapest at five or six million to the most expensive at tens or even hundreds of millions.
The taxes and fees for the transfer alone would cost tens or even hundreds of millions.
Not to mention that you still have to pay tens of thousands of property fees, water and electricity bills on time for a house you can't live in.
The rental-to-sale ratio is also very low.
After listening to Zhu Heyi's words, Lu Hui was thoughtful.
In fact, he thinks the real estate boom can continue.
After all, the inflation rate is there.
But what He Yi said does make sense...
Lu Hui pondered again.
The island nation did experience a major economic recession in the 1990s.
Known as the lost thirty years.
The economy is in recession, the real estate market is collapsing, and a large number of people are unemployed.
Aging ahead of time.
Lu Hui thought of something deeper, but now the living standards in his country are such that only first-tier cities can compete with island countries...
By then, you will be old before you get rich...
It is true that real estate can be dangerous.
After Lu Hui figured this out, he was even more surprised when he looked at Zhu Heyi's face.
"You thought of all this yourself?"
Zhu Heyi thought that was not the case. She saw it when she was browsing the news and social media platforms when she had nothing to do, and then she went to read the book.
The more I looked, the more frightened I became.
History is always strikingly similar.
Who knows when this evil wind will blow upon your family?
But now?
You still have to buy a house.
After all, there is at least ten times the profit here.
She nodded: "I guess so. I thought about it while reading a book."
Lu Hui sincerely said with emotion: "You are born to do this job! Dad will be very pleased if he knows this, and he will definitely want to take you in as his disciple."
Zhu Heyi smiled and said nothing.
She looked out the window at the lights of thousands of homes and the endless river view.
No wonder so many people like to show off their river view rooms.
The view is indeed spacious and comfortable.
When she has money, she will also have one!
Zhu Heyi secretly clenched his fists in his heart.
The next day, Zhu Heyi woke up from the soft and comfortable two-meter bed in the second bedroom.
The sunlight came in from the window and shone on her face.
Somewhat glaring.
Zhu Heyi put his hands over his eyes and sighed.
I stretched out on the bed, rolled over twice, and then basked in the warm sunshine for a while.
She finally got up from the bed with difficulty.
Wait until she finishes washing up and walks out of the room.
I found that Lu Hui was already standing by the window, looking at the river view outside.
Hearing the sound, Lu Hui turned his head.
He smiled and greeted Zhu Heyi: "Good morning, Heyi!"
Zhu Heyi also smiled and said, "Morning, little uncle."
Lu Hui invited Zhu Heyi to have breakfast.
A large round table was already filled with fried eggs, toast, milk, and some jams of different flavors.
There are also soy milk, fried dough sticks, and preserved egg and lean meat porridge.
Lu Hui said, "I don't know what you like to eat, so I asked my assistant to buy some."
Zhu Heyi smiled and replied: "I like all of these. Thank you, uncle."
Lu Hui said sadly: "Don't thank me every time. What's there to thank me for?"
Zhu Heyi smiled and didn't answer him. She put the bread into her mouth in small bites.
Soon they finished their breakfast and headed to their first destination of the day.
Pudong New Area.
In the Shanghai Stock Exchange, Zhu Heyi only planned to buy a house in this area.
Only people with Shanghai household registration can buy the remaining plots. People with household registration in other cities can buy at most one unit, and the price is relatively high.
The increase is not that high.
But the current housing prices in Pudong range from more than 8,000 to more than 10,000.
After this area is developed as a priority in the future, the housing price will be 23 yuan per square meter in years!
Zhu Heyi glanced at Lu Hui and reminded him, "Uncle, how many houses have you bought in Shanghai? If it is less than ten, I suggest you buy as many as possible in Pudong. Sell them after ten years."
Her smiling eyes looked into Lu Hui's eyes.
“There will be surprises.”
Lu Hui only thought for three seconds, then he smiled and looked back and replied, "I understand."
In fact, he originally wanted to buy a few more houses here.
However, he saw that the house prices here were not high and thought that the other areas had more development prospects.
After all, the development of suburbs is not as good as that of central cities!
So I bought more in other areas.
I just bought three houses in Pudong just for the sake of presentation.
But now Zhu Heyi reminded him.
Lu Hui called his assistant Xiao Zhang who was in charge of various affairs in Shanghai: "Hello, Xiao Zhang, we have arrived..."
Lu Hui looked up at the sales office in front of him and glanced at the name: "Shengjing Hua Ting's sales office."
Xiao Zhang replied timidly: "Okay, Mr. Lu, I'll be there right away. There's a bit of traffic on the road."
"Ah."
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