Chapter 860: Chapter 103: Crisis Emerges · Flash Spear City’s Development
When the Apprentice Knights competed for the champion, the faith expansion of the territory seemed to be suddenly accelerated.
The entire territory was like it was permeated with the rich Divine Grace of the Sun Goddess. Under the evening twilight, the whole territory was covered with a layer of golden afterglow. The towering city towers, the dense trees by the roadside, and the pastoral scenic views of the region all shone brilliantly, resembling the Goddess’s Divine Kingdom in the mortal world.
At this moment, the Divine Power of the Goddess enveloped the entire territory, compressing the corrosion of chaos and the despair of darkness to the lowest level, hiding in the corners without causing any influence.
Everyone in the territory, even Knights from other churches, felt the erosion of the Wind of Chaos significantly weakening. They felt unprecedented relief, like a body long plagued by illness suddenly recovering, tired soldiers taking off their heavy armor.
The propaganda in the mortal world and the blessings of the Divine Spirits formed a perfect mutual enhancement in this exemplary territory, causing unprecedented enthusiasm among the participants.
Su Li had just finished dinner when Oliver, the Governor of the Provincial Affairs Council, brought the compiled accounts and stood before Su Li.
His mood was excited and invigorated, and he didn’t even have time for pleasantries before he started the report directly: "Lord, the effects of our Radiant Competition Festival have begun to show. Just today alone, 237 Knights applied to join our territory, and today our territory’s population increased by over 800 people!"
"At the same time, we sold an area of land amounting to 40,000 acres! This means these Knights and immigrants will at least gradually buy up to thousands of slaves. Our territory will at least add 4-5 manors, 3-4 villages, and strongholds."
"Moreover, we’ve sold over 120 sets of property and townhouse apartments in the city. Today, not counting the casino’s profits, we earned over 17,500 Golden Crowns just from business operations!"
At these words, Su Li was also delighted. These Knights do indeed have money. Certainly, in any world, the wealth collected from the lower strata, no matter how you exploit it, is always inadequate. To prosper financially, one must find ways to obtain wealth from the ruling class.
These people on average provided Su Li with nearly 30 Golden Crowns, equivalent to more than half a year’s salary for an Elite Knight.
Yet very evidently, wealth cannot be completely evenly distributed; if you kill those lower-level servants and attendants, they also cannot bring out such a large amount of wealth.
Oliver detailed: "This wealth mainly comes from the profits of selling land. Just the 400 hectares of land sold amount to over 10,000 Golden Crowns."
"That much?" Su Li raised an eyebrow, land sales income, though one-time, couldn’t be resisted with the vast and fertile plains at his disposal.
Not just 400 hectares, even 40 miles, he could easily sell tens or hundreds of times.
Oliver spoke with much composure and confidence: "Lord, although this number seems large, our land selling prices are actually very low; each acre sells for about 26 Silver Coins, only up 140 or so Copper Coins compared to last year."
The price of 26 Silver Coins per acre certainly isn’t for good fields. In this Old World where the territory primarily relies on farming, the value of farmlands remains high. Even farmers and countryside folk, despite working hard for a year, cannot save enough to buy an acre of fertile land, especially top fields with complete irrigation facilities, priced at over 1 Golden Crown. This is an asset many nobles covet, hiring thugs and henchmen to attempt land annexation.
With an acre yielding 300 pounds of wheat, it takes just 10 years to earn back the investment. In fact, if one plants vegetables and some cash crops, it might take only 4-5 years to recoup.
Especially with many Extraordinary opportunities currently in the territory, even a minor Extraordinary product appearing on an acre could recover the investment within 1-2 years.
Undoubtedly, the township residents and Knights are very optimistic about the future and development trend of the territory. People have very high expectations for investment returns and future stability.
They are willing to forgo the current territory’s three-year rent-free policy to secure land acquisition ahead of time, resting easy. Clearly many are concerned that three years from now, buying land, the value won’t be the current 26 Silver Coins.
Currently, 26 Silver Coins can still purchase land on the Central Plain, although it’s barren, the development prospects are promising.
Three years later, if the territory soared, and the Lord became a noble, then 26 Silver Coins might only buy land in the Blood Pine Forest.
Sometimes personal development cannot keep pace with the entire force’s rise. So for ordinary people, the best investment is buying a batch of real estate when the territory is still selling assets externally, waiting for appreciation. Or directly buying the territory’s national bonds, sharing the prosperity.
Anyway, selling land for 10,000 Golden Crowns is a huge profit.
Still the same scenario, in any territory, a transaction worth 10,000 Golden Crowns is a considerable wealth.
Sufficient to pay the salaries for 2,000 Elite Knights for a month; if the quality is lowered a bit, these 10,000 Golden Crowns can entirely hire 5,000 mercenaries, enabling a force to fight several large battles, and the elite scale not less than 1,000 people.
And so many knights joining Hesse Territory also bring visible pressure to the territory, as these people joining Hesse Territory are not only for the faith of the Sun Goddess but also hope to find their opportunities and a stage to realize their own value in Hesse Territory.
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