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Chapter 29: Riding the last wave of policy wind… building houses!

~8 min read 1,411 words

Although he said that with his mouth, his father actually still felt some hesitation and bewilderment inside.

He knew that prices would definitely rise after this new development, but it's really hard to say how much they will rise.

The development here hasn't turned out as his son estimated; being able to sell land bought for 800 dollars for 1000 dollars would already be considered a great success.

As for the houses in the city, whether in Liangcheng or the provincial capital,

Although they were bought at a very cheap price originally, selling them now would be two or even three times the original price.

But his father always felt that current housing prices haven't peaked yet and will surely continue to rise.

However, the various pieces of evidence Li Mingyang presented actually showed quite concretely that his son's words were indeed quite reasonable.

Indeed, looking at so many developed countries, they have all experienced such a phase, and if one studies it carefully, one will find that the domestic real estate market has indeed reached an illusory peak.

And after reaching the peak, what follows is surely the bursting of the bubble, although the old man still hasn't fully believed what you say.

Or perhaps he already believes it, but cannot confirm exactly when it will arrive in these few days.

Unable to determine whether current housing prices have truly reached the peak, Li Gu'an feels that, compared to the two options, it's worth taking a gamble.

Anyway, even if the two houses in the city still have some room to rise, it's not much, right?

But if we exchange them for the newly developed land in town, although we can't be sure how much future upside there is, at least it's destined to see a small rise.

Comparing the two, deciding how to choose this matter can be easily made in one's heart.

"Alright, Dad, if you can figure it out, that would be just perfect!"

"Regarding the land arrangement, or rather the specific site selection, I actually have some suggestions; as long as our family can secure that spot…"

"I guarantee that our family's land will definitely create great value in the future!"

When he said this, Li Mingyang was truly full of confidence, after all, no one could have imagined that the central area of this future newly developed region would not actually be in the center…

Rather, it's in a relatively remote location; if they now focus their main target on this area, they might even pick up a small bargain.

"By the way, Dad, we must act quickly, otherwise the good plots will be snatched up by others later."

"Also, I think we can buy the land in separate purchases—get a larger piece first, then use the remaining money to buy some smaller ones."

"That way, the future construction cost will be relatively lower, and we won't have to wait until we raise a large sum before starting to build the houses."

"Besides, the storefronts of those smaller plots can easily be rented out, after all, once the area develops, there will certainly be many people doing business here."

"But the number of people doing big business might not be large, after all, to engage in large-scale business you first need sufficient strength, right?"

Li Mingyang's mind is quite clear, and he does not intend to put all his money into a single plot, because if he did, the payback period would be too long.

"Alright, we'll have the family study it later, but for now the most urgent thing is to first dispose of the houses in the city."

"The houses in the provincial capital are fine to talk about, but here in Liangcheng…"

When he said this, the father couldn't help hesitating a bit; their little brat hasn't graduated yet, and still has about half a year left.

If they sold the house right now, where would the family live next? Mainly, where would this brat live? How could they live on campus?

If they just went out to rent a place to live, they'd feel that since they obviously own a house, how could they suddenly fall into having to rent elsewhere?

Altogether, it feels somewhat awkward in their hearts.

And Li Mingyang naturally could see at a glance what his father was worrying about; frankly, even if future housing prices crash, the impact on Liangcheng would actually not be that great.

The main impact would be on that house in the provincial capital, after all, housing prices in Liangcheng are inherently low, and besides, it's still a prefecture-level city.

Housing prices originally had little room to decline.

Hmm, however, Li Mingyang still intends to persuade his parents to act quickly, not to lose money and to make money—how should one choose between these two?

Even if a first‑grade elementary school student came over, they could easily make the decision.

As for the problem of where to live for the remaining few months, that's even simpler—why not just rent a place to live?

Moreover, the houses in Liangcheng might not even sell that quickly; perhaps the timing will just happen to drag on until after my own college entrance exam.

Or perhaps we could first sell the house, then set up a rental contract, and live there until after the college entrance exam ends—wouldn't that be fine?

Regarding the principle that sale does not break lease, Li Mingyang is quite clear about it—it's essentially just spending his own money to rent his own house, with no major impact.

"By the way, there's one more thing!"

As he was speaking, Li Mingyang suddenly remembered a very important matter: the rapid change in rural housing construction policies.

Their family has already decided to prepare to take action and seize this newly developed area's land, which is actually not a big problem, after all, this area belongs to a commercial zone.

However, the old house on the other side presents a not‑small problem.

Now, after making this decision, the family can basically confirm that they have retreated from the city back to the countryside/town.

Since they have already decided to put down roots here, having a good living environment is undoubtedly also important.

If they don't take advantage of the last wave of lenient policy winds to first build that house, later trying to get a residence that suits their wishes would not be so simple.

Thinking this through, Li Mingyang didn't wait for his father to ask a question before laying out his words:

"It's like this: just now we weren't analyzing these policies? And from these countries' policy changes we can also derive the next question."

"That is the issue of managing rural self‑built houses."

"The land we bought here is originally meant to be developed, with the government taking the lead; no matter what happens later, at least there won't be any problems in the construction approval process."

"And the house by our school naturally won't have any problems either, after all, this place has nothing to do with farmland and such."

"But our family's other old house is a different matter."

"We have now decided to retreat to the countryside, so naturally we must start paying attention to the living environment here in town."

"We can't wait until I grow up, start working, and even discuss marriage, while our family still lives in this little house, can we?"

"Even if we don't dislike this living environment, speaking objectively, this place simply isn't sufficient to live in, right?"

"So there's still another problem facing us: we must take this opportunity to properly renovate that old house over there."

"Ideally, we could later buy two more plots of land, then tear down our family's old house."

"After all, the several rooms in the front house have no gaps between them; lighting, design, and so on can be described as a complete mess."

"If we can buy land later, tear down the old house, and then build the house at the back."

The front where the foundation originally was could easily be turned into a front garden, and the back could be made into a large backyard.

Living there then would surely be very comfortable, and I have a feeling that labor costs and such are at their lowest right now.

In another seven or eight years, a house that could be built now for 300,000 might cost five or six hundred thousand then.

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End of Chapter

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