Chapter 73 If You Can’t Sell It, Then Don’t Sell It

"No! Where did you find these two people?" Shen Ruobing couldn't help but ask.

"They are assigned to me by the higher-ups to protect me and my family. There are two other men following me to protect my safety." Yang Hai stretched out a finger, pointed upwards and said.

"What did you do? Why do you need someone from above to protect you?" Shen Ruobing asked hurriedly.

"Is there anyone trying to harm us?"

Yang Hai grinned and said, "It's nothing. This is just a precaution. I have made contributions to the country, so the higher-ups are concerned about my safety. That's why they sent two men and two women to protect us."

"Who made you my wife? If you regret being my wife, it's not too late now."

"Go away, you are so frivolous. If you don't tell the truth, I will be angry." Shen Ruobing said.

"What I said is the truth. I just want to take precautions in advance, just like last time. If you hadn't sent me a message and I hadn't rushed there, can you imagine how dangerous it would be?" Yang Hai said.

Shen Ruobing was silent for a moment. She still felt frightened when she thought about what happened last time.

"Okay then! I will be careful about my safety in the future and take them both with me wherever I go. I think you should be relieved now." Shen Ruobing smiled and nodded.

Yang Hai has temporarily stopped trading in international crude oil futures as he has made enough money. His main task now is to invest the money he has earned. He will take advantage of the downturn in the stock market to buy stocks of Internet high-tech companies, which will be the most valuable things in the future.

Today, Apple’s market value has fallen to more than 400 billion US dollars, but it may rise to 3 trillion US dollars in the future.

There is also Amazon, whose current market value is only over 200 billion US dollars, and its future market value will be close to 2 trillion US dollars.

There is also Penguin Company. Its current market value is only over 100 billion US dollars, but its peak market value was close to 1 trillion US dollars!
In addition to these companies, there are many other companies whose stock prices are now at their lowest.

So if you don’t invest now while they are cheap, when will you invest?
Now domestic housing prices have fallen to the lowest point, which is like the darkest time before dawn. As long as we get through this darkest time, dawn will come and housing prices will begin to rebound from the bottom.

After nearly half a year of development, Huarong Real Estate Development Company has developed into a real estate development group company through a series of acquisitions and mergers. It integrates residential and commercial real estate development and has grown rapidly into one of the most powerful companies in the real estate development industry.

They also have a large amount of land resources in reserve. After the capital injection, the real estate development sites of the companies they acquired are under construction in full swing, and their development and construction have not been affected at all by the sharp drop in housing prices.

Not only that, in addition to the resumption of work at old construction sites that had been suspended, new construction sites have also started construction.

Outside the gate of a newly built residential community, there is a huge advertisement hanging, which says new houses, fully decorated, with new furniture and new appliances, for rent at affordable prices. Four bedrooms and two living rooms, three bedrooms and two living rooms, and two bedrooms and two living rooms are all for only 25 yuan per square meter.

Usually the monthly rent for a two-bedroom, one-living room apartment does not exceed RMB 1700, and the monthly rent for a two-bedroom, two-living room apartment does not exceed RMB 2000.

You have to know that this is Linhai City, and it is close to the central area, so the rent can be said to be quite cheap.

A normal 2-bedroom, 2-living room apartment of 80 square meters would cost at least 3000 yuan.

This newly built community is one-third cheaper than normal places.

Isn't it true that the house price is too low to sell? Huarong Real Estate simply doesn't sell it and rents it out directly.

Tenants must sign a two-year contract at least and pay two months' rent as a deposit, two deposits and one payment. Because all furniture and appliances are new, we do not accept people who only sign a one-year lease. After you live there for a year, the furniture and appliances will become old, which is not cost-effective.

Therefore, the minimum lease requirement is two years.

But despite this, it still attracted a lot of tenants, so thousands of houses in the entire community were quickly rented out.

Because everyone is taking a wait-and-see attitude, there are few people buying houses, but there are many people renting houses. After all, you can choose not to buy a house, but you must have a place to live!

This community is newly built, everything is new, and the environment is good, the transportation is convenient, the location is good, and most importantly, the rent is not expensive. Of course, there is no need to worry about not being able to rent it out.

Because Huarong Real Estate Development Company had been injected with a large amount of capital by Yang Hai, it had no worries about funding and it was okay if the house was not sold for the time being.

Everyone in the entire real estate development industry was stunned by the actions of Huarong Real Estate Development Company.

The new house is beautifully decorated, and it would be fine if you just rent it out. The rent is so cheap, what are you looking for?

Is the rent you collected in two years enough to cover the depreciation of your fine decoration?

It is also fully equipped with furniture and appliances. Even if you have three air conditioners, a refrigerator, a washing machine, an LCD color TV, two sets of beds, a set of sofas, a set of dining tables, a coffee table, a TV cabinet, a large wardrobe, and a computer desk, a rough calculation shows that it costs at least more than 30,000 yuan.

The key is real estate development. After investing so much money, how can we recover the funds?

How can we repay the bank without collecting the funds? Where will we get the funds to develop the next project?
Regardless of whether others can understand it or not, Huarong Development Company did it this way, and they seem to be so willful.

And it's not just one community, but two communities that are doing this. All newly built communities by Hualong Real Estate Development Company are doing this. If it's hard to sell, they'll just not sell it. I can just rent it out, right?

一年收回2万多，10年就是20多万，20年就差不多是50万了。

To sell a house at the current market conditions and prices, the average price in other places except the city center of Linhai City has fallen below 5000 per square meter.

80平米的2房2厅也只要40万不到，出租20年，连本带利都收回来了。

Of course, these are just superficial reasons Yang Hai gave. The actual situation is that he already knows that the housing prices will get higher as time goes by, and he will only make more money if he sells the house in the last few years.

But if you don’t want to sell it early and don’t rent it out, it seems a bit unreasonable and difficult to explain to the society. It is also a waste of resources.

So if you don’t want to sell it early, you can only rent it out.

Since you are going to rent it out, of course it can't be too expensive, so it's best to rent it out at a low price so that the rent can be rented out quickly enough.

Of course! Rent is rent, and the community property management fee still needs to be paid. Yang Hai integrated the property management companies under the names of the real estate development companies he acquired and formed a unified Huarong Property Management Company to manage the properties under the names of all companies.

The main business project of Shen Group is also real estate development. Father Shen is a little confused as to why his son-in-law Yang Hai does what he does.

It’s understandable that you rent out all of them, but why do you want to rent them out at a low price?

(End of this chapter)