My Age of Investment
Seven hundred and twenty-two, I can't grasp it
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The foreign girl never took her father's words, because she didn't want to get used to her father's bad habits.
Walsh looked helplessly at Xia Jingxing.
This created a big problem for Xia Jingxing, do you want to satisfy the cheap old man's desire to pretend?
The answer is of course no!
Xia Jingxing tactfully changed the topic, "Everyone is pitching tents here tonight, will the real estate go on sale tomorrow?"
This question immediately aroused everyone's desire to talk, and some ranchers began to talk endlessly.
"...This apartment is great. You can see the Golden Gate Bridge when you open the window. There are well-known elementary schools and middle schools next to it. The advantages of location and education are placed in the entire Bay Area, which is also a top-notch existence."
A rough-looking rancher shared his experience of buying a house with Xia Jingxing, and his analysis was clear and logical, which made Xia Jingxing feel as if he had met a Wenzhou aunt.
Through his description, Xia Jingxing also understood the reason why his father-in-law crossed the state to buy a house.
Although housing prices in Texas are also rising, they are still rising too slowly compared to California, which leads the nation.
This is like a group of local tyrants in Inner Mongolia who looked down on local houses and felt that the return on investment was too low, so they fell in love with Pengcheng, a city of science and technology.
"Hey, uncle, don't you think it's too troublesome to travel so far to buy a house and pitch a tent for camping?"
Xia Jingxing's words made the ranchman amused. If he was Chinese, he must have sighed in his heart "why not eat minced meat".
Although the uncle looked tough, he was actually very patient, and perhaps he explained a few more words to Xia Jingxing because he looked at the face of the super rich.
"I've calculated that if you continue last year's price rise this year, you can earn $100,000 to $150,000 if you buy a $300,000 house.
Buy ten sets, and the profit can reach millions of dollars, which is much easier than milking cows. "
Xia Jingxing nodded, the ranch business looks pretty good, but actually it is very slow to make money, and what matters is the slow flow of water.
When a group of honest business people suddenly see the huge profits from real estate speculation, it is quite normal for them to be jealous and impulsive.
"Daren, you are no longer working at Facebook, you are going to take care of your investment company.
In my opinion, don't invest in other messy things, just like us, come and buy a house.
We have a small amount of capital, and we only dare to buy ten or ten sets. You can buy hundreds or thousands of sets, and sweep all the houses in big cities such as New York, Los Angeles, and San Francisco. "
Walsh put his arms around Xia Jingxing's shoulders, raised the beer can in his hand, and looked like he was berating Fang Qiu and pointing Jiang Shan.
Walsh's speech won the support of other ranchers, and they all suggested that Xia Jingxing invest in the US real estate market.
Xia Jingxing was really uncomfortable holding back, he wanted to laugh but couldn't.
The foreign girl glanced at her complacent father, and then at the ranchers who were beaming with joy and spit, and felt emotional.
To put it bluntly, my father and his friends are local tyrants in the countryside. They have never seen the world, and they foolishly rush into fields that are not within their cognition, and they can only be played and applauded by others.
"Daren, are you listening? Listen to my uncle's advice, let's speculate in real estate, it will definitely rise faster than stocks!"
Walsh pulled the tab and handed Xia Jingxing a can of beer.
The old man was so sincere that Xia Jingxing didn't know how to answer the conversation.
Yang Niu rescued Xia Jingxing, "Vision Capital has invested in many new projects recently, and has no funds to speculate in real estate."
"That's it! That's a pity!"
Walsh sighed, and patted Xia Jingxing on the shoulder, as if he felt sorry for the latter.
Xia Jingxing and Yang Niu looked at each other, and the former pouted to the side.
The foreign girl understood, got up and dragged her father aside.
"Hey, what are you doing, Christina? What are you doing?"
Walsh was already a little tipsy and kept yelling.
The foreign girl pulled her father tens of meters away,
After confirming that the distance was safe, he said, "You came to speculate in real estate, have you consulted your mother?"
"Are you sure you asked?"
Walsh touched his head and glanced sideways at his daughter, "Otherwise I would be so bold? You overestimate your father and me."
The corner of Xia Jingxing's mouth twitched, wanting to laugh, but was glared at by the foreign girl, and held back again.
"My mother will support you to buy ten houses? What if you don't get it?"
The foreign girl looked straight at her father, and her tone couldn't help but aggravate.
"She agreed, there is no risk anyway, the down payment is not much, and the family's savings are more than enough." Walsh said indifferently.
Xia Jingxing was thoughtful. According to common sense, the father-in-law does not belong to the low-income group, and he cannot enjoy zero down payment, but the bank loan officer has many ideas.
To put it bluntly, it is illegal operation.
Even if a certain percentage of down payment is paid, the father-in-law can still afford it if the down payment is not too high, such as 10%.
Xia Jingxing felt that his father-in-law was too late to participate. If he bought a house last year, he could still operate it. This year, he would jump directly into the fire pit.
He can't remember the exact time of the housing market crash, but he can remember that it will happen next year.
The foreign girl said coldly: "Although you don't need a lot of down payment, what should you do if the house price has dropped?"
Walsh shook his head and laughed, "Stop talking nonsense, how could the house price fall, if it falls, then I just don't want the house."
The foreign girl sneered, feeling that it was very necessary to educate her father about it.
"For those low-income groups, housing prices fell, and after the mortgage payment was cut off, the houses were repossessed and they were repossessed.
And you? You have a ranch, a car, a bank account...
If you declare personal bankruptcy, not only will your personal life be affected, but the media will also bring me along after digging it out. "
Walsh frowned, is it so serious?
He just wanted to rely on his ability to make a wave of money in a short period of time, and then use it to expand the ranch.
He can also ask his daughter for money, but he can't afford to lose this person, and it doesn't conform to the mainstream values of society.
"The situation you said won't happen. Even if it does happen, I'll just bear it myself, and it won't hurt you."
The foreign girl laughed angrily, "You may not know how bottomless the media is, but I absolutely know that my surname is Walsh, and I can't take it off."
Hearing this, Walsh became a little angry. The daughter said that she was afraid that she would hurt her.
But he didn't get angry, because his daughter was used to being a slave, so he took a deep breath and said, "Then I will publish a newspaper to clarify the head office for you then!"
"Hey, Dad, why don't you understand? Housing prices have been rising for several years, and people all over the United States are flipping houses. Do you think there is no risk?"
The foreign girl crackled and explained a lot, listing all kinds of data that support the existence of housing price bubbles.
But Walsh has completely lost himself, and he is so convinced that he can get rich by flipping real estate. He doesn't listen to a word that the foreign girl says.
He pointed to a group of people in the country club not far away, and said with a smile: "Every one of them is a millionaire or multi-millionaire, and they have been in business for decades. Are they all fools?"
The foreign girl was a little frustrated, no matter how hard she talked, she couldn't convince her father.
Regarding Xia Jingxing's plan to invest billions of dollars to bet on the housing market, she did not use it to persuade her father.
Because she knew how important this matter was to Xia Jingxing, she was worried that too many people would know about it, which would cause complications.
When her father got drunk, he yelled all over the world, which might affect his boyfriend's arrangement.
Xia Jingxing sighed, "Uncle, listen to my advice, the water here is too deep, you can't handle it.
Otherwise, if you invest your money in me, invest one million, and I will definitely earn you five million in one year. "
Walsh shook his head, "I don't need you to take special care of me. Why do you young people always look down on us old people?"
"Hey, don't worry about it, go home!" Walsh waved his hand and walked back to the crowd.
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