Chapter 27: Li Gu'an: I'm happy to spend this money!
Li Mingyang's words are not nonsense; there really have been such examples in their town, and not just one.
More than ten years ago, when the town's streets were just planned, the land there was cheap, and some people bought plots but couldn't afford to build houses.
But once the streets developed, many outsiders wanted to come here to do business.
They brought money to help locals with land build houses, then used rent to offset the construction cost.
After ten or eight years they'd get a house for free; although it sounds far-fetched, it's also a product of the policy.
After all, this is in the town, in the countryside; those outsider merchants, even if they had money, couldn't buy land or build houses.
The only option left for them was to rent houses.
But finding a suitable house to rent wasn't easy either; out of desperation they came up with this method.
Even many landlords were actually more willing to do it this way, after all the houses built this way better matched their wishes and suited their business designs.
Besides taking a bit more time and having higher upfront investment costs, it actually helped their business even more.
And the same timeline applies today; in Li Mingyang's memory it's very clear.
The newly developed district in town will undoubtedly become the town's center in the future.
Although the street businesses continue, the design is outdated and the streets narrow, so business is best only during market days.
But the new district is different: the streets are wide, and various shops opened up quickly.
Especially those few large supermarkets, whose business is excellent, and various hotels as well.
Moreover, Li Mingyang knows the best spots; if he could seize this opportunity to take over a sizable parcel of land.
In the future, their family could really just sit and collect money—it wouldn't be a dream.
Li Mingyang reckoned that the land there now costs about 800 yuan per square meter, while housing in the provincial capital is currently at its price peak.
Moreover, it's already renovated; if sold, it could fetch around 900,000 yuan at the peak price.
Then there's the house in Liangcheng; its price is also decent, could sell for about 500,000 yuan.
Plus, Mom and Dad already have considerable savings; if they sold that city apartment, their total funds would be around 1.6 to 1.7 million yuan.
If handled properly, couldn't they easily secure a 2,000-square-meter plot?
That's a full 2,000 square meters; under Li Mingyang's guidance they could also grab the best few spots.
Even without landlord investment, using family savings to build slowly, by then even if Mom and Dad did nothing, they could just sit back and collect rent each year.
The income from that 2,000-square-meter plot would definitely be no less than 500,000 yuan!
What business nowadays could make that much money, with an investment of over a million yielding a stable 500,000 yuan annual income?
Moreover, don't forget that over a million; in just a few years prices will skyrocket—at 800 yuan per square meter, it won't take ten years.
It will jump straight to four or five thousand yuan per square meter!
Not to mention having houses then; even just the land would be worth over ten million!
This is money that even Mom and Dad couldn't earn in a lifetime of struggle, let alone Li Mingyang himself.
If he hadn't encountered this fortunate rebirth, following his previous life's trajectory, he likely wouldn't earn this much in this life either.
Even more directly, perhaps the three of them plus the two generations together also wouldn't have that much wealth.
"Well… let's not rush this; we'll study it more when we get home."
"After all, this is a major matter; we must study it carefully."
"If we mess up, all our family's years of hard work could become a joke."
"And even if we decide to do this now, buying such expensive land and selling houses isn't simple."
"Give us a few days so I and your mom can think it over."
When they heard Li Mingyang's sudden request and suggestion, the old couple instinctively wanted to rebut a couple of sentences, but then thought their son had indeed grown up.
Moreover, his learning ability is visibly outstanding, enough to prove their son is very clever, at least smarter than the old couple.
Besides, their family atmosphere has actually been pretty good all along; it's just that Li Mingyang has been immature these past few years, causing his grades to slip and making things a bit stiff.
But now, the son has also grown up, about to become an adult, and they aren't arrogant parents either.
They feel that children's talk is nonsense, so naturally they need to carefully consider Li Mingyang's opinion.
Upon hearing that reply, Li Mingyang wasn't surprised at all; if he'd casually said it and his parents just agreed, that would be weird.
However, seeing this attitude, Li Mingyang couldn't help but feel secretly pleased; there seems to be hope.
As long as he spends this time at home putting in a good word, presenting solid evidence, and analyzing the town's development prospects.
He believes convincing Mom and Dad to pull this off won't be hard.
Even if Mom and Dad won't muster such a big decision to sell both city apartments.
But if they could sell the Guiyang apartment and secure over 1,000 square meters of land, that would be roughly enough.
Even Li Mingyang knows clearly that, although policies are loose now, in a few years not even buying land on such a large scale will be possible.
Speaking of which, do they even have such strong financial resources? Even if they bought the land, building a house themselves wouldn't be easy.
The state's policies on rural housing construction have suddenly become very strict; even the approval procedures for renovating old houses are quite troublesome.
In short, now is the best time to invest in the countryside.
"Fine, anyway we're not home yet, we can't explain this clearly right now."
"Let's just wait until we get home to study this slowly; but I'll bring you lots of solid evidence to prove my point."
"And right now, it's indeed the best time to withdraw city investments and invest in the countryside."
Li Mingyang had no resentment; after his father finished a cigarette, the family of three continued their journey home.
And in the car, the three of them were in tacit agreement, not discussing the earlier issue but shifting the topic to hiring a tutor:
"Old Li, I recall there's a genius in our town who just got into Peking University last year, right?"
"I remember he was doing private tutoring on the side when he went home last break, and the fees aren't cheap."
"It might cost one or two ten thousand yuan for a break; after all, who knows what's up with this education policy now."
Even during holidays, they don't allow make-up classes—a winter break alone is nearly fifty days!
After hearing Mom's words, Dad just waved his hand indifferently; right now is the best time for the family business, even though there isn't much money.
But he had never worried over such a small sum as twenty or thirty thousand, so when Dad spoke he felt no pressure at all:
"It's fine, it's just one or two ten thousand dollars; even if the price doubled, as long as that brat seizes this opportunity and works hard to improve his grades."
"No matter how much money is spent on it, I'm quite happy!"
"Not only am I willing to spend it, I even enjoy doing so!"
End of Chapter
