Chapter 1540: It Started

After the demonstration street block in the east city was sold out, another six or seven days passed, and the authorities opened the second and third street blocks for sale. Ordinary people were still watching, but the wealthy merchants and officials who hadn't bought it a few days ago had already prepared money and held their breath, buying as soon as it came out.

This purchase was not a small matter. The house land bought for 1,000 taels of silver rose by thirty percent four days later, because the land plots on the side were sold in slices, and the price was thirty percent higher.

Another three days later, it rose by another thirty percent!

Seven days rose by seventy percent, painless and risk-free, what business could have such huge profits? Some wealthy merchants tried to resell the newly acquired houses, but as a result, they were snatched up on the day they were listed, and more than a dozen families snatched this piece of land, because the distance to the small lake and the market was just right, and the mosquitoes bred by the water and the stench of the market could not disturb it.

That night, the wealthy merchant successfully sold it at a price two percent higher than the market price.

It could be sold, it could really be sold! The silver in his hand was heavy and real.

So with a swoosh, there were legends of price increases everywhere, and there were rumors everywhere of who had scraped together enough money overnight to snatch a small piece of land in the new city from the official office.

Buy and rise, buy and earn.

Even Fan Shuang was moved and hurried to ask He Lingchuan:

"Brother He, I want to buy a few pieces of land in the new city, do you think it's cost-effective?"

Whenever something big happened, the first person he thought of consulting was He Lingchuan.

His family had just acquired tens of thousands of taels of silver, should he take the opportunity to increase the value?

He Lingchuan stated in advance: "I only manage the new city construction. The sale of house land is the business of the Housing Department."

King Yao didn't dare to let him touch money at all, so he only managed the construction of the new city and not the sale, and the price had nothing to do with him.

Fan Shuang had a thick skin: "Predict! Can you predict it?"

"Cost-effective." He Lingchuan said without hesitation, "But I suggest you use at most half of your total assets to buy, and choose the opportunity to sell."

Haven't bought it yet, thinking about selling it first.

"Choose the opportunity?" Fan Shuang asked for advice humbly, "When is the best time to sell?"

He Lingchuan hadn't answered yet, and Fan Shuang said: "I am a stupid person, I guess I can't grasp this kind of opportunity. How about, Brother He reminds me when the time comes?"

"Stupid? I think most people are not as wise as you." At least Fan Shuang knew his own limitations and knew how to ask for advice humbly, so He Lingchuan pointed him out, "You just look at the interest of lending. When they dare to open ten percent interest, you sell the house."

"Lending?" Fan Shuang thought about it, and suddenly realized, "Yes, the house land is so profitable, they also have money to buy house land. If others want to borrow silver from them, the interest must be very high!"

Private loans in Tianshui City were calculated by month, the so-called "ten percent interest," and the annual interest was 120 percent. This was still after the authorities had rectified it several times, not allowing interest to roll interest.

At least not allowed on the surface.

If there was no income expectation far higher than this number, who would dare to borrow money to buy land?

Out of a mysterious trust in He Xiao, Fan Shuang didn't ask why, but said: "And then?"

"Nothing then." He Lingchuan said meaningfully, "Risks are all risen."

Fan Shuang originally wanted to ask "How much did Brother He buy," but the words rolled around his lips a few times, and he shrank back. After seeing human feelings and sophistication for a few months, he also had some city government.

Of course, he didn't know that He Lingchuan had already scattered some of the money in his hands, but it was not to buy house land.

At the moment, Fan Shuang took the money to subscribe. The tens of thousands of taels of silver that had just arrived hadn't been warmed up, and 17,000 or 18,000 taels went out in a turn.

He came back and found He Lingchuan again: "Wow, the official office is crowded with people, walking depends on squeezing! It's only been a few days and it's limited, each person can subscribe to at most four pieces of land. I heard it's because someone ordered fifty pieces of land in one breath."

"In these few days, dignitaries have entered the market. If they are not limited, where will it be the turn of ordinary people?" The foundation of these aristocratic families and official merchants in Tianshui City is deep, and commoners have to scrape together money to buy a piece of land, while they can buy dozens or hundreds of pieces at the same time without changing their faces. If they are not limited, the new city will probably be deserted in the future.

"The monarch is wise!" Fan Shuang added, "There are several lenders soliciting customers at the entrance of the official office, and I recognized two of them as Qi Shu'an's subordinates, so I asked a question."

"How much interest?"

"Four percent interest." That is, you have to return four percent of the total loan amount every month. Within a year, if the house land price doesn't rise by fifty percent, you will lose money.

He Lingchuan immediately said: "Far from the end."

It has to be said that King Yao's subordinates are full of talents. He Lingchuan only outlined a few steps for the monarch, and the royal court naturally has a system and a team that can handle this matter clearly and beautifully! Even the new city sales plan expanded now only has a shadow of He Lingchuan's suggestion at that time, and there is no connection at all.

The capital expansion has been discussed for seven or eight years, and I don't know how many plans there were before, but now they can finally be nested together.

For example, the authorities slice the land and sell good and bad locations alternately, selling good with bad, or even buying good and sending bad, so it can be sold. After all, it is a drawing price, there is no physical object, and both sides talk about location, size, and layout, all relying on gestures and imagination, and good or bad cannot be seen at a glance, so every piece of land is easy to sell.

For another example, Tianshui City added a regulation that house trading must have a house tooth person (real estate agent) as an intermediary, otherwise it is treated as illegal, and once a dispute occurs, the authorities will not accept it.

This is because with a house tooth, the authorities can extract deed tax through their hands. Therefore, private transactions are neither supported nor encouraged.

Five days later, Tianshui City people found that there were really examples of getting rich by buying houses around them.

"My cousin spent 1,000 taels to buy two small shops on Longhu Street in the new city, and now someone is offering 3,500 taels, but he refuses to sell!"

There are also inspirational models of successful counterattack: "Remember Wang Laowu in the alley next door? The one who is lazy and can't even find a wife! His family sold the old house and borrowed another 1,000 taels to scrape together money to buy him a small piece of land in the new city. Hey, it rose as soon as it was bought! It rose that night! In the blink of an eye, it rose by seventy percent! Now his family has mortgaged the house and took the money to buy land again."

"Zhang Xiaoshui, the house tooth in the east street, with his unclear mouth, originally couldn't earn half a guan of money a day. Now it's good, he leads the commission more than ten times a day, and his hands are cramping from counting money."

The demonstration effect of people around is exceptionally powerful, especially since that guy was originally inferior to himself, and suddenly soared because of this little external force, making everyone who heard it itch, wishing they could pull others down and go up themselves.

The huge Tianshui City was originally a concentration of gossip, but in the streets and alleys and after tea and dinner these days, there is only one topic with the highest popularity:

Buying land in the new city. ===== CHAPTER 1541 =====