41: Buying a House in the City Center

Buying a House in the City Center

Since the two children could understand these things, Wang Yunmei naturally understood them as well. However, she still said with hesitation, "I know that it's a good thing. It's just that we've been living here for so many years and this breakfast stall has been running for so many years. I feel reluctant that these will be demolished, and that we have to move away."1

Jian Ai understood her mother's feelings. After all, they had lived together as a family here for over ten years. They had formed some feelings for it. However, one had to look forward. They could not possibly be willing to stay in the slums for the rest of their lives. Moreover, the place was going to be demolished. Even if they could not bear to, they would still have to move away.

"Mom, it's useless to think about this now. Since this place is going to be demolished, we have to move. If we want to move, we have to move out early!" Jian Ai said.

"Move out early? Why are you in such a hurry? They haven't notified us to demolish the place." Wang Yunmei frowned.

Her breakfast stall was still around, and the house was still there. Although Old Wu said that he received news that the place was going to be demolished, they had yet to say when this would take place. Why was her daughter in such a hurry?

Jian Ai was smart and would think about things more often. Seeing her mother's and brother's puzzled expressions, she explained patiently, "Mom, we have to move before the news is released. There are so many people in the South City District. Although it won't be demolished all at once, our area is probably the first to be demolished. When that time comes, a large number of people, who have nowhere to go because of the demolition, will start renting houses or even buy houses using the demolition fee. By the time we move, the rents in other places would have already increased by several times because of the demolition!"

Hearing Jian Ai's words, Wang Yunmei couldn't help but come to a realization. "That's right. If there are more people affected by the demolition, it'll be difficult to find a house. The price will also be much more expensive than now."

"But if we go and rent a house now, wouldn't it cost us an extra year of rent if the demolition happens a year later?" Jian Yu found the loophole in Jian Ai's words and reminded her.

"Rent a house? We have to buy it!" Jian Ai said firmly.

"Buy?" Wang Yunmei was stunned again. She looked at her daughter and asked, "Buy a house?"

"Mom, didn't we just receive a million yuan? Take it out to buy a house!" Jian Ai looked at Wang Yunmei.

Wang Yunmei seemed frightened by her daughter's decisive and firm attitude. She had never seen her daughter dare to have such big ideas, always talking about buying a house.

Little did they know that Jian Ai had been looking forward to the future real estate market for over ten years. Based on Baiyun City's financial situation, if she invested in real estate now, its value would multiply in less than a few years. It was a guaranteed profit.

"No, Xiao Ai. I'm saving this money for your studies." Wang Yunmei had a lingering fear in her heart. She said, "Besides, isn't there a relocation house after the demolition?"

Wang Yunmei was frightened by Jian Ai's certainty and imposing manner, and she couldn't get used to it for a while.

Jian Ai immediately reacted and realized that she had been too impatient. With her understanding of the future trends, she had provided too much information to her mother and brother.

Jian Ai calmed herself down and said in a gentler tone, "Mom, let me analyze it for you. Firstly, with the current housing price in Baiyun City, if we buy a one hundred and fifty square meter house in the most prosperous Haicheng District, it will cost around five hundred thousand to eight hundred thousand yuan. Our family has one million yuan. When the demolition starts, we will receive a demolition fee. And I saw you yesterday when you were signing the contract at Yaochi. A general manager will receive an annual salary of three hundred thousand yuan, and there will be a performance bonus at the end of the year. Therefore, with our family's current condition, we are completely capable of affording a house in the city center."

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