Reaching the age of thirty, my income randomly doubled

Chapter 244: Chapter 187 Magic City Turmoil_3

There were four close friends in their dormitory who opened a milk tea shop off-campus together.

Now they were all in Greater Magic City, and they had all come here at the same time.

Originally fellow travelers, none of them expected that in just over half a year, the gap between them would become like a chasm.

In the beginning, Han Jia and Xu Qin each took out one million yuan and left Bobo Milk Tea.

At that time, they even thought they had gotten a great deal.

But now,

Just by owning 3% of the shares in Bobo Milk Tea, Zhao Feifei could easily achieve financial independence overnight.

The difference between them couldn't be greater.

It seemed like a nice idea to take a riverboat cruise along The Bund, and while Chen Pingsheng joined them to feel the evening breeze by the river, he also took the chance to have a look at Greater Magic City.

"Dad, I really like Magic City,"

Chen An'an stood at the bow of the boat. She truly loved Greater Magic City, compared to Capital City's discreet and restrained nature.

Everything here seemed to exist for money.

"If you like it, just come and stay here more often."

Chen Pingsheng patted her little head, his own daughter being his only source of affection.

Chen An'an's eyes were bright, "Dad, I want to buy a big house here."

"If you want to buy, just buy it. The housing prices here aren't high,"

Those young people on the boat were almost left speechless by his words—what did he mean the housing prices here weren't high?

The prices had already surpassed one hundred thousand per square meter!

It wasn't like this young lady could just buy it whenever she wanted.

Are you kidding?

Little did they know, when Chen Pingsheng said "not high," he was actually comparing it to his Siheyuan.

Compared to that place, where unfinished flats sell for five hundred thousand per square meter, was one hundred thousand high?

It was nothing but pocket change, right?

His wife liked Meishu Golden Island in Tianjin, and didn't she just buy it whenever she wanted?

If his daughter liked the area around The Bund, then wasn't it the same—that she could just buy whenever she wanted?

He didn't even think of accompanying her to look at the property.

He would just send his younger sister; after all, she had nothing important to do. Her visits to Magic City were just for shopping, carrying big and small bags.

"Uncle, I do know some places around here where the houses are nicer,"

Chu Qiuyan wasn't as socially anxious as she used to be. Indeed, it's business that nurtures people.

She was much more confident.

"For the house, there's nothing to it. Let her aunt take her to see some tomorrow,"

Chen Pingsheng said, "I can't stay here much longer. I'll have to return to Capital City once your investment fair is over. Yang Mi should be here the day after tomorrow."

"That's good if she comes; I really fear there won't be enough people to hold the event."

Chen Pingsheng just laughed and said nothing; Chu Qiuyan was still just a college student after all.

Maybe she would truly stand on her own after a few more years' experience.

For now, she was doing quite well already.

Anyone who comes to Magic City knows its prosperity.

In the narrow streets and alleys of Nanjing Street, even a pair of shoes costs at least a few thousand.

The next day,

After hearing that a local soup dumpling restaurant was exceptionally delicious, they decided to check it out in the Ghost that Yang Qian had sent over.

The delicacies of Magic City, compared to Capital City, were a completely different taste.

Capital City leans towards Northern cuisine while this area is closer to the south, with food that tends to be lighter and sweeter.

He didn't really like it much, but the spoiled brat was used to eating anything from everywhere.

As long as it tasted good, that was all that mattered.

He originally did not plan to accompany her to see the house, since Tong Zelan had not yet returned, and he didn't have many other places to go.

So, he ended up taking her on this trip as well.

The place Chu Qiuyan had mentioned yesterday was the famous Tomson Riviera.

Tomson Riviera was the first high-end property in the country to break the hundred-thousand-per-square-meter price point.

Launched in 2005, it caused a huge sensation nationwide at the time.

Many said it was crazy, yet the real estate industry went mad for it.

They hardly sold a few properties in those years, then later, after 2008, they sold them at half-price.

Even then, they didn't sell many.

After 2012, the real estate prices in these first-tier cities started skyrocketing.

There were high-end properties all over the place worth more than one hundred thousand per square.

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Tomson Riviera is right by The Bund, with a great view. Though the building is a bit old, it's far from outdated.

Chen An'an, with her hands behind her back, looked utterly disappointed. Was this the house that required verification of a hundred million before viewing?

It wasn't nearly as comfortable as her family's Siheyuan.

It was just living high and looking far.

Her own room alone had an aquarium that cost tens of millions, where she could feel the charm of the ocean up close without even turning on the lights.

Whereas here, one could only see the river view, that was all.

"Dad, this house is both expensive and ugly, I don't like it."

The little girl's thoughts were hard to guess, anyway, the salesperson who brought her to visit was dumbfounded.

Someone actually said the houses here were ugly—what is their home, a palace?

If it weren't for the fact that they arrived in a Rolls-Royce, accompanied by five or six bodyguards, browsing would have required financial verification first.

"You don't come here often, so buying such a big place is quite pointless."

Chen Pingsheng said, "Let me tell you, it's not about the size of the house, what's essential is that it has a homely atmosphere."

After a pause, he added, "How about this, there are some estates in Magic City so large you can play soccer in the yard. I'll buy you one of those, and then we'll get a smaller one by The Bund, how does that sound?"

"Can we do that?"

Chen An'an's eyes lit up, "Dad, I want a house where I can play soccer at home."

"Alright then."

Chen Pingsheng took her away—Tomson Riviera was just like that, truly wealthy people simply looked down on it.

They have seen too many good houses with money; a view of The Bund wouldn't impress them.

Chen Pingsheng took her to buy a small apartment of 180 square meters near The Bund, with a floor price of just under thirty million.

150,000 per square meter, very exquisitely decorated and particularly cozy.

Three bedrooms and two living rooms, with a big balcony facing straight towards The Bund. After buying it, he called someone over to tidy it up.

The next time they came to Magic City, they could stay in this house.

Quite nice.

Chen Pingsheng then took the spoiled brat to see the most premium mansions in Magic City.

The yard was so big one could casually play soccer, covering about five acres, and the interior renovations alone cost over a hundred million.

It was only 17 kilometers from The Bund.

The asking price was 580 million, a truly top-tier villa.

At this price, Chen An'an actually loved it.

Unfortunately, he couldn't afford it all at once.

They left without buying it.

The spoiled brat didn't say much; there were already enough houses at home.

Buying such a big one would probably mean it's for the maids to live in.

It's rare for the family to stay there a few times throughout the year.

There's absolutely no need; as much as she liked it, they didn't buy it.

Having a 180 square meter beautifully decorated apartment by The Bund was already pretty good.

When she's a bit older, or he has a bit more money, if she still wants it, then they'll come back and buy it.

This kind of top-tier villa is difficult to sell, being on the market for several years.

Mainly because wealthy people already have their permanent luxury homes.

Those without money simply can't afford it. Once the house loses its investment value,

wealthy people aren't fools.

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Not many are willing to spend too much money on it.

Just investing somewhere, or even putting it in the bank to earn interest, seemed more appealing.

He was even considering selling all the extra houses in Capital City at the end of this year, or maybe next year.

With that money, investing in another Tenghui Department Store would be good.

Stably earning several tens of millions a year.

However, he also realized something in Magic City, that the transfer fees for prime locations were exceptionally high.

The rent was even higher than that in Capital City.

A single Water Cloud Space store investment of ten million seemed not enough anymore.

Only to blame the rapid increase in housing prices over the past two years.

He estimated that a single Water Cloud Space store investment in Magic City would need at least between fifteen to twenty million now.

With housing prices doubling, the investment also needed to double.

Luckily, his wife had bought quite a few houses in the early years, and they have all appreciated now.

Just offsetting the inflation brought by the housing price increase.

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