Chapter 492 - 492: Hoarding Houses
Translator: 549690339
“By the way, the Chen Family Village in Hexi District has already confirmed the date of the demolition. Mu Yao, have you contacted Mr. Barker? Moreover, although the amount of subsidies for the demolition of Chen Family Village in Hexi District was very high, the environment of the houses given was very good. There was a lot of room for future appreciation.
Jiang Chao and I have studied it together. The compensation for the demolition of the building has a lot of room for future price increases.
I suggest Mu Yao, don’t take the money this time, just ask for the building! Anyway, you and Mr. Barker will each get half. If he wants money, Mu Yao, you can exchange your half of the land for a building.
Look at that demolition building. It’s the address you gave me before. That area was filled with buildings that were compensation for demolition. There are also two urban villages there. You also said that there will be high-speed rail stations there.
Therefore, it was also a good investment to get a property there. If he got the building, he could rent it or sell it. In short, it’s more worth it than money.” Huang Yuying took out two documents.
One of them was about the possible compensation for the relocation of the Chen Family Village in Hexi District. After all, Li Muyao and Jiang Shusong had invested in a pig farm, which occupied a large area. Although they were all houses for pigs, they could also exchange land for land.
Also, the demolition of the building could not only exchange the area for the area, but it could also give priority to buying some area at a lower price than the market price.
In addition to the specific area, he could continue to buy some space according to the market price. Although buying the area at the market price was no different from buying an ordinary building, it had the advantage of knowing the geographical location in advance.
After all, when the demolition building was really built, the price of buying a good building would be different. It would definitely increase.
Since the reform and opening up, it had only been about 20 years. The property prices in Sun City had risen from a few hundred yuan to tens of thousands or even hundreds of thousands of yuan per square meter. Apart from the location of the compensation building, there was also a map that Li Muyao had given Huang Yuying, which showed the location of an old building or wasteland that she could buy in the future.
Li Muyao had given Huang Yuying a lot of land to buy old houses and buildings. One of them happened to be in the same location as the compensation building in the Chen Family Village in Hexi District. It also happened to be the place where Li Muyao had mentioned that a high-speed rail station might be built in the future.
It was very remote and even a little desolate now, but if a real high -speed rail station was built, the land price, housing price, and consumption in that area would increase greatly. It might not be the same as the city center of Sun City, but it would at least be two-thirds of the price.
“Let me see!”
Li Muyao took the map and looked at it. What a coincidence, they were all in the same location.”That’s true. Did you inform us to change the row of storefront houses that I asked you to buy?”
Yes, after Li Muyao successfully registered Dream Come True, she took out a purchase plan for old houses, old buildings, old storefronts, and wasteland.
All of them were from her previous life. Li Muyao remembered that in the past five to ten years, they would be demolished or bought by big companies for reconstruction.
“Yes, I’ve already informed them. He hopes that we can send someone to the demolition office next Monday to discuss the matter. Then, we can look at the blueprints and decide on the specific location of the gatehouse.
In any case, they only gave him a rough map. There was no specific location. However, according to the list you gave me, even if it’s a blind selection, it won’t be too bad if you get a storefront house after one to three years.”
Huang Yuying was quite excited when she received the call from the demolition office. After all, she had indeed bought many old houses and storefront houses with her colleagues according to Gu Limuyao’s wishes.
Especially this batch of gatehouses. They were really old. They were built in the 1960s and 1970s. The storehouses originally belonged to a factory. Later, the factory became private from public ownership. In the end, the private ownership went bankrupt and was used as wages for the employees. Later on, the storefront became someone else’s warehouse. As time passed, it could not even be used as a warehouse to store things.
Therefore, when Huang Yuying and her colleagues saw the shabby, old, and small gatehouse, they doubted whether Li Muyao had made the right decision. However, Li Muyao was the boss. Huang Yuying and the others would do whatever she said.
How long had it been since he bought it?
It had only been a few months, but he had already started receiving calls from the demolition office.
Exchanging a storefront room for a storefront room was simply explosive!
Huang Yuying and the others bought 18 rooms with different sizes for 3,000 per square meter. If the storefront was really near the high-speed rail station that Li Muyao had mentioned…The future value would immediately increase by more than 20 to 30 times!
Therefore, one had to be very excited when they received the call.
Once again, it proved that Li Muyao’s investment vision was quite stable, accurate, and ruthless!
“Then next Monday, I’ll go with you. Bring Wu Yuanyuan along. I’ll call Uncle Jiang later to ask for his opinion on your suggestion. If he’s willing to take the building together, that’s for the best. If he doesn’t, then I’ll take it myself.
Since the housing prices there are not bad in the future, you can calculate again. If I use half of the pig farm land to exchange for a building, how much can I get? Can I get a building? If not, how much do I need to get a building?”
“In recent years, we’ve invested in old houses, old buildings, and old houses. If nothing goes wrong, with the rapid development of Sun City, the demolition office should help us clear some of the old houses every year.”
No, it should have invested in more than a dozen places, but three places had already been torn down, and the notice had already been issued.
It could be said that every single one of them was the same as Li Muyao’s memories from her previous life. Other than the time being different, the locations were accurate.
This gave Li Muyao even more confidence. The old houses and old buildings that she had hoarded would definitely receive 20 to 30 times the original price.
“Yes, if it really develops as you imagine, if nothing goes wrong, our company will soon have a large amount of cash back. After all, we’ve been spending a lot of cash recently. Should we continue to buy back all the places that we planned to give up?”
His suspicions about Li Muyao were now completely resolved.
No, after the demolition notice was issued, Huang Yuying’s colleagues who were observing the market and predicting the value of the house all trusted Li Muyao’s judgment. There were even a few colleagues who decided to follow Li Muyao’s footsteps. They would find their family members to buy them with some money and secretly buy them in the same area. If the company couldn’t buy them, they would buy them themselves.
“Sure. As long as you have enough funds, you can buy them all. Anyway, you don’t have to worry about the expiration of the stock.”
Li Muyao thought about the money she had taken out from the movie and the money she had used to buy an old house in Sun City. She didn’t have much cash left. They were waiting for the other pig farm, Lin ‘an District’s Sanxing Village. If the demolition notice there was not a particularly good location, Li Muyao planned to take the money directly.
After all, Li Muyao wasn’t just familiar with Sun City in her previous life, she was also familiar with Gold City!
There were also many tourist attractions that Li Muyao was familiar with.
Li Muyao had checked online. Many of the popular tourist attractions in the future hadn’t been hyped up yet. The housing prices in those places were relatively cheap. Compared to Sun City, it was definitely like the price of cabbage.. It wasn’t an exaggeration!
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