Dragon's Origin
#1185 - Afraid (above)
Chapter 623: Fear (Part 1)
Several thousand courtyard residences sold in half? How is that possible? Besides the descendants of the various lords, who else could afford them?
Reality gave a solid lesson to all the various lords who were waiting to see a joke. Indeed, the various lords had money, so the largest, most expensive, and best residences were all bought by the people of the various lords. But to say that this had already exhausted all the purchasing power would be a big joke.
There was another group of people interested in the real estate in the capital, and those were some smaller families that weren't very large. Don't forget that Qian Sheng Yuan had once done a deal, which was the deal with the antique weapons brought back from the Peerless Treasures.
Those antique weapons were worthless in the eyes of the Shi family and the Gan family, but in the eyes of some small families with insufficient heritage but a small fortune, they were rare and good things to decorate their facade. As long as there were these "ancestral" ancient weapons at home, it would show that the family had a long history, and they would have confidence in front of others.
These small families could afford these antique weapons worth tens or hundreds of thousands of gold coins, so naturally they were not poor. Then, the luxurious residences in the capital worth hundreds of thousands or millions were even less of a problem. What could be better than living in the capital to show off the family's heritage?
When Lizhenfang opened, they didn't forget to notify these old customers. Of course, they definitely couldn't afford those water landscape villas worth millions of gold coins and the even more expensive waterfront mansions worth tens of millions, but the smaller luxury residences around them worth hundreds of thousands or millions became their targets.
The people of the various major families were all staring at mutually defensive targets of the same level, but they ignored that these small families were also rushing to the capital. After all, at this time, the safest places in the world were the capital and Worry-Free City. Even some important figures from the various vassal states were coming to the capital. It was very normal for many people from small families to come over, wasn't it? Who would take a second look?
But it was these small families that they didn't pay much attention to on weekdays who divided up more than two thousand of the newly launched high-quality residences, one by one. The unit price of each one was not high, but added up, it was close to twenty billion gold coins.
This was not an inflated number, because they all went to the government to register and pay taxes. Within three days, it was another two hundred million gold coins in taxes. The clerks responsible for counting the gold coins were almost exhausted. This couldn't be faked.
Adding up before and after, including taxes, it was already hundreds of billions of gold coins, and the time was only six days. Six days and hundreds of billions of gold coins, this had already broken everyone's business record. It was estimated that no one would be able to exceed this number again, right?
The people from the various vassal states waiting to see Lizhenfang's joke in the capital were very embarrassed. The small families that they had ignored and never looked down upon used twenty billion gold coins to slap them in the face.
Fortunately, it was only twenty billion gold coins, and only half of the courtyard residences were sold. There were still several thousand sets left, and the entire outer city of the capital, which was at least many times larger than the land that had already been sold. Now the purchasing power has been completely exhausted, right?
However, the interest rate of Lizhenfang's mortgage really surprised everyone. A monthly interest rate of one percent and an annual interest rate of ten percent, this is not lending at all! This is clearly doing good deeds! Anyone who borrows money and gets such an interest rate would probably die laughing.
If calculated according to this interest rate, even with a 30% down payment, it wouldn't be too unbearable! Even the people from the various vassal states were a little tempted. If they squeezed a little more and came up with a 30% down payment, they could get a loan to buy a residence in the capital.
They all had inside information, after all, so many descendants were following Meiniang's construction team. After this batch of residences, there was another batch of large residences with a scale and size similar to the Water View Manor. It was said that they were all along the eight rivers in the capital, and they also dug ponds and swimming pools in the residences. It was really beautiful!
This batch of residences could be completely eaten up! Anyway, no title was needed, just gold coins. Real experts at a certain level, not to say that they could take out millions of gold coins at once, but if they squeezed a little and circulated around to friends, hundreds of thousands of gold coins would definitely not be a problem.
In this way, as long as they had this hundreds of thousands of down payment, they could still get a loan for a three or four million gold coin residence. Big shots could live in the inner city and in the Water View Manor, so why couldn't everyone else, these small figures, have a water view residence next to the Eight Rivers in the capital?
As for the loan interest, if it was really calculated at an annual interest rate of 10%, including principal and interest, repaying it in twenty years would only cost 170,000 to 180,000 gold coins a year. For their income, it should be more than enough. They wouldn't even need twenty years to repay it. Lizhenfang thought it through, the loan could be repaid early.
Big experts were thinking about millions of residences, and small experts naturally began to think about one or two million or hundreds of thousands. Facing a stable real estate that could be passed on to future generations, and it was in the prosperous capital, was it a loss to buy it for hundreds of thousands or millions? Looking at this situation, not only was it not a loss, but they might even make a profit!
High-level figures might still be waiting to see a joke, but their subordinates had already begun to make their own plans. Big shots could send their children to the capital to avoid disaster, so couldn't small figures have similar thoughts?
Lizhenfang's loan was really tempting! Although Lizhenfang was only a newly opened brand that had only been around for a few months, with Wang Sheng and Meiniang's reputation as the foundation, no one doubted Lizhenfang's credibility. As Wang Sheng said, in the business world, sometimes a good reputation can really be eaten.
It wasn't just the people from the various vassal states who were tempted, but also the experts from all over the world, the assassins from Worry-Free City, the assassins from Divine Might Prison, and the merchants from various places. Which one wasn't like this? It would be a pity not to take advantage of Lizhenfang's low interest rate. Besides, owning a property in the capital was definitely not a bad thing.
If cultivators were like this, wouldn't ordinary people be tempted? In this world, there were plenty of people whose cultivation was not good but whose family business was prosperous, and even the relocated people of the capital, whose ancestors had many houses, received enough compensation, had a large residence outside the city, and had gold coins in their hands. Wouldn't they want to buy another set in the city?
While many people were thinking their own thoughts, the Emperor and Empress in the imperial city, Meiniang and Qiangwei in the Changsheng Gong's mansion, were almost frightened.
Because when Wang Sheng analyzed it for them before, this was a big industry at the level of hundreds of billions of gold coins. This had already shocked everyone. But now it seemed that it was far from this order of magnitude!
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