The Main Character Asks His Parents To Pretend To Be Bankrupt

Chapter 13: Section 13

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Now, everyone in the community knows about the demolition.

Many people are very happy about the demolition.

After all, the housing prices in this community have almost reached their peak.

The price, which ranges from more than 70,000 to 80,000 yuan per square meter, really cannot rise any further.

Even if it were to rise, it probably wouldn't rise much.

It will probably increase by one or two thousand at most, and that’s probably the limit.

If you move to a new neighborhood, maybe after a few years, the prices of houses there will continue to increase.

By then, their assets will increase significantly.

The most important point is that now is not like it was a few years ago.

A few years ago, there was no purchase restriction on houses in Shanghai.

If you want to buy a house in Shanghai now, you can’t just buy it if you want to.

Now you can exchange one for two, which is equivalent to having an extra quota to buy a house.

Why not

And there is another point that is also very beneficial.

Some people only had one house, but now they have exchanged it for two houses in a new community.

Then they can live in one unit and rent out the other.

It is still easy to rent a house in Shanghai.

Moreover, although the location of the new community is not as good as here, it is still pretty good.

If you rent it out, it should be no problem to earn seven or eight thousand yuan a month.

Some larger properties can even be rented for more than 10,000 yuan.

This is free money.

After all, for some people, it doesn’t matter where they live.

Now the owner has just moved to a new place and has an extra house to rent out. What a great thing.

... ... ... ... ... .

"Come on, come on, let's all come over and discuss it."

“What are we going to do with these three houses?”

"Should we exchange them all for cash or for houses?"

"In other words, half cash and half house."

The demolition consent form will be signed soon.

At that time, how to replace it will also need to be resolved.

Therefore, Lin Zihao called Xue Caining and Lin Xuan over.

Get ready for a family meeting.

Let’s discuss the compensation options for demolition.

"I think we should all move to another house."

"As for funds, we are not short of them for the time being."

"Although, business hasn't been very good recently."

"But this time, we pretended to be poor and borrowed a lot of money."

"Probably more than 1 million."

"Hold on, it should be fine if you hold on for a while."

"On the contrary, a house is not something you can buy just because you want to."

"After all, there are restrictions on buying houses in Shanghai now."

"We don't have any indicators anymore."

"If I could change to six houses, that would be great."

Xue Caining thought for a while and expressed her opinion.

Over the years, their family business has been very stable.

The annual profit is almost over 1 million.

Of course, their most profitable investment in recent years is undoubtedly these three houses.

At the beginning, these three houses were only worth 2 million each.

At that time, they also had several million in savings.

I first bought one house with full payment, and then bought another one with a loan.

Later, because I had sufficient funds, I helped my son take out a loan to buy a house.

After a few years, they had already paid off the loans for the two houses ahead of schedule.

The house that was originally bought for more than 6 million is now worth 45 million!

It's something they could never have imagined in their dreams.

Sometimes Xue Caining was thinking about it.

He is not afraid even if his family fails in business in Shanghai.

After all, even if the business fails, at most the debt will be two or three million.

This amount of money is not enough to buy a house.

It’s nothing, it’s something that can’t be solved by selling a house.

As long as the house is sold, not only can the debt be paid off.

I still have 10 million in cash on hand.

It can be said that the more than 10 million was earned by their family with tears.

Why do I say so

Because, if your business fails, you should cry, right

But as I cried, I realized that, hey, my house is still worth 15 million.

Then I discovered, damn, I have three houses!

So, this is what it means to transfer more than 10 million with tears.

It was precisely because of the initial investment in the house that Xue Caining saw the amazing benefits.

That's why she wanted to exchange these three houses for six houses in other communities.

Maybe in a few years, housing prices in the new community will start to rise sharply again.

After all, as a first-tier international city, it is inevitable that housing prices in Shanghai will soar.

"Well, what my wife said makes sense."

"But I think we'd better have some cash."

"My plan is to exchange one of the houses for 15 million in cash."

"The remaining two sets can be exchanged for two, for a total of four new houses."

"After all, it's always good to have some cash on hand."

Afterwards, Lin Zihao stated his choice.

This choice was exactly the choice that Lin Xuan's family made regarding demolition compensation in their previous life.

Of course, there is a reason why he made this choice.

That is, of the more than 1 million yuan that he had borrowed from his friends by pretending to be poor, 1 million yuan had been taken away by Lin Xuan.

Therefore, he now also needs some money to maintain his business.

That's why I want to exchange one of the houses for cash to solve the urgent problem.

After Lin Zihao finished speaking, he and Xue Caining and his wife all looked at Lin Xuan.

"Son, do you have any suggestions?"

Then the couple said in unison.

"Me?"

"My opinion is to convert two of the houses into cash."

“I only left one house to exchange for a house in a new community.”

When Lin Xuan saw his parents asking him, he was stunned at first, then he stated his proposal without thinking.

Although Lin Xuan seemed to be speaking casually.