Chapter 586: Money Is the Most Practical

This time, the Hang Seng Index is very interesting. There was a single-day plunge of 11%, and a single-day surge of 9%. The ups and downs are like a roller coaster, but the Hang Seng Index is generally declining.

This time, the ups and downs of the Hang Seng Index have a huge sequelae, that is, many people have doubts about the economy and future of Hong Kong City. For a while, many consulates in Gang were overcrowded, and these people came to inquire or handle immigration procedures.

To immigrate, you must deal with your property, which caused the salesmen in major sales offices to doze off, and the intermediary offices were overcrowded. Those who ran intermediaries wanted to sell their properties.

When the trend of immigration started, some people took the opportunity to spread rumors, and even the media got involved, saying that the rich people had run away, and only the poor would be left in Hong Kong City in the future, and the economy would be sluggish in the future. A vicious cycle, even some people who had originally stood firm began to fear and waver.

Yu Meitong called Lu Jiaxin and said, "Boss, the house price has dropped by 30%. Do you think it will be true that the houses in Hong Kong will be worthless in the future as the newspapers say?"

Houses in Hong Kong are worthless? If it were in the future, many people would think it was a big joke to see such news. But being in it, Lu Jiaxin knew that many people believed it. First, many British and foreign companies did move away, and second, they did not trust the mainland government.

Because of fear, many middle-class or wealthy people tried every means to immigrate. As a result, when they came back after 10 or 20 years, they found that they could no longer gain a foothold in this city.

Lu Jiaxin did not say anything to comfort her, but only told her one thing: "I will keep 50 million yuan for daily turnover of the funds from Xinxin Real Estate, and I plan to use the rest to purchase properties and hoard land."

Her right eyelid twitched, worried about disasters, so she sold some properties and stock futures just in case. Unexpectedly, there was a real stock market crash, and the property market also collapsed. You have to know that the big stock market crash two years ago did not have a big impact on the property market. It fell less than 20% and then rebounded. But now it has fallen by 30%, and it is still falling due to the immigration wave and the influence of those unscrupulous media.

Lu Jiaxin is very confident about the future of Gangcheng. She will definitely buy at the bottom when she encounters such an opportunity. She told Chen Ming two days ago and asked them to take all the properties they like.

Yu Meitong understood as soon as she heard it. Jiaxin felt that the economy of Gangcheng would not be sluggish and the property market would continue to be hot: "Jiaxin, I have more than 300,000 in my hand now. When do you think it is a good time to buy a house?"

Lu Jiaxin is not a fortune teller, so she doesn't know when it will be: "It has fallen by 30% now, it's almost done."

Chen Ming and several vice presidents have all been dispatched recently to try to take over the properties, land and industrial buildings they like. Because the mainland has relaxed its policies, many factories in Gangcheng have moved there, where the land is cheap and the labor is cheap, and the cost is much lower.

In the same way, many industrial buildings in Gangcheng are vacant. Now the government has also changed the relevant policies. Developers can demolish and reconstruct industrial buildings after purchasing them. Of course, there are definitely many procedures to be completed, which is the job of the staff below.

After Yu Meitong hung up the phone, she immediately found the phone number of the intermediary manager and called him to say that she wanted to buy two houses of about 500 square feet. She herself is an office worker and knows that senior white-collar workers prefer to rent a one-bedroom apartment.

Recently, the intermediary manager has received business for selling houses, and there are very few people who want to buy buildings. When he heard that she wanted to buy two single apartments, he immediately told her three communities, all of which were in good locations and well-equipped.

After Yu Meitong asked about the housing prices of these communities, she smiled and said, "I have something to do today, and I will go to see the houses at 10 am tomorrow."

The three communities recommended by this intermediary used to be 3,450 per square foot, but now the housing prices have dropped by 30% and only need about 2,400 per square foot. If she buys two houses, the down payment is 20%, and she needs to prepare about 500,000.

"No problem, no problem."

Yu Meitong only has 350,000 in her hand, and the down payment for the two houses is still more than 150,000. Who should I ask for it? Of course, my dear mommy.

I took a half-day leave in the afternoon to go home. She has learned to be smart now. Every time she goes home, she will buy some things that Mr. Yu and Mrs. Yu like. This time, she bought cigars for Mr. Yu and her favorite sushi for Mrs. Yu.

But she didn't expect to find her father and brother and sister-in-law were all there when she returned home. She felt uneasy. It's just that she has been working in the workplace for two years, and she is not as shy as before.

Yu Meitong greeted her family with a smile, and then presented the cigars and sushi.

Her brother and sister-in-law looked at her unfriendly. This sister has been away from home for more than half a year since she broke off the engagement. Now she is as smart as a monkey. Every time she comes back, she uses sweet words to coax her parents/father-in-law and mother-in-law, either giving them jewelry or money.

Mr. Yu thinks that the company will be the big payer for his two sons in the future, and it's okay to give his daughter more pocket money if she is obedient. And Mrs. Yu feels sorry for her because it's not easy to work hard outside, and her son makes her feel disappointed, so she always subsidizes her now. So too, Yu Meitong has eight houses under her name so far.

After Meitong sat down, Yu's father said: "Meitong, you came back just in time. The family is now discussing whether to immigrate. You have a good relationship with Mrs. Hu and Miss Lu. Have the Hu family and Nie Zhan made any moves recently?"

Yu Meitong said yes and kept silent. When she was abandoned by her family, she understood that it was foolish to talk about family affection in this family, and talking about money was the most practical.

Yu's father knew from her expression that she would have to spend some money today, otherwise this girl would not say anything: "The 3,600-foot villa in Shouson Hill is for you."

He has two villas in Shouson Hill, one is the one mentioned above, and the other is more than 6,000 square feet. Now the housing prices are falling, and the luxury houses are falling sharply.

The faces of the eldest and second brothers Yu were very ugly, and her two sisters-in-law were also very dissatisfied, thinking that the appetite of this sister-in-law was getting bigger and bigger. It’s just that Yu’s father has accumulated a lot of power at home, and they dare not refute it even if they are dissatisfied.

Yu Meitong said: "Hu Zhifeng wants to hoard land, but Mr. Hu is old and wants to be safe and does not agree; didn’t Miss Lu sell a large number of properties last month? She used all the funds she recovered to hoard land and buy high-quality properties."

As for what Nie Zhan did, she didn’t know. But Jiaxin must have obtained his consent to take out so much money to hoard land and buy properties.

After hearing this, Yu's father hesitated: "According to what you said, they are still optimistic about Hongcheng."

Brother Yu said: "Dad, Miss Lu came from the mainland, and I heard that she donated a lot of money in the mainland in recent years; and the Hu family, his son-in-law Su Heyuan's uncle is a senior official in the mainland. With such a relationship, they are not only not afraid, but also hope that Hongcheng will return soon!"

Yu Meitong didn't say anything.

But Yu's father didn't let her go and asked: "Meitong, what do you say?"

Yu Meitong didn't want to give any opinions. Anyway, she didn't have a share in the company, and it didn't matter whether it was good or not. But the old man gave her a villa, and she was willing to say a few more words: "I'm doing well in Wufu Jewelry, and I don't plan to change jobs. Going to a place where I'm unfamiliar with the place, whether it's doing business or working, it must be more difficult than here."

Father Yu was undecided.