novelraw Chapter 492 : Houses are Financial Products
Chapter 492 : Houses are Financial Products
Chapter 492: Houses are Financial Products
Chen Fan became more and more excited as he thought about it.
What did 2004 mean?
It meant that the average house price in Beijing was 4000-7000 yuan per square meter.
It meant that house prices in Haidian District were about 5000 yuan per square meter. Chaoyang District's house prices were about 4600 yuan per square meter, and even Sanlitun was only 5500 yuan per square meter.
And Changping District, located on the 6th Ring Road, was only 2100 yuan per square meter, even cheaper than houses in Yunhai.
This meant Chen Fan only needed about 400,000 yuan to buy a two-bedroom apartment on South 2nd Ring Road.
How many two-bedroom apartments could Chen Fan buy with the money he had?
NO NO NO!
Chen Fan was no longer interested in two-bedroom apartments now.
His target was now set directly on large luxury villas.
If he just bought two or three villas within the 2nd or 3rd Ring Road, even if he didn't live in them, and held onto them for ten years.
How much could he make when he sold them then?
Was there any investment more exciting than this?
For a moment, Chen Fan excitedly paced around in circles.
But after careful calculation, he currently had about 600 million yuan in funds.
He had already made plans for this money.
Feifan Technology was simultaneously launching mobile browser and video website projects, and the research and development during this period and the subsequent launch and maintenance would definitely not be profitable initially.
Chen Fan needed to subsidize quite a bit of money into it.
Qifan Construction's new project that was about to start construction also required a sum of capital investment.
Calculating this way, Chen Fan had about 300 million yuan of funds at his disposal.
Originally, according to his plan,
He was preparing to use all this money to purchase original shares of Tencent and Baidu.
Of the two companies, Tencent was about to go public this year, and Baidu would go public in August next year.
Even if he couldn't buy original shares, he would buy stocks after they went public.
As long as Chen Fan purchased enough stocks when the two companies went public, it would definitely be a guaranteed profit.
But now that he had come to Beijing and seen the house prices in Beijing,
Chen Fan hesitated again.
Damn.
These prices, these locations.
If he didn't buy, he'd be struck by lightning.
Chen Fan gritted his teeth!
Buy. He must buy.
He had already thought it through, this time he would just be making a preliminary move. After converting part of his funds into Tencent stocks, he could then use some of the remaining funds to sweep up properties in Beijing.
Of course, Chen Fan still held a project that could be monetized.
That was Go Navigation Home.
This website had now far surpassed hao123, occupying at least 65% of the market share.
Logically speaking, Baidu should have noticed him by now.
But Chen Fan didn't expect that Baidu still hadn't contacted him.
Hold on!
He must wait for the other party to contact him first.
When the time came to sell the website, he would have at least 50 million yuan in hand.
With this money, it would be no problem to sweep up and buy several large luxury villas in Beijing.
The entire morning passed with Chen Fan's unlimited anticipation and reverie.
Finally, when Su Ruochu finished her exam and came out, Chen Fan immediately ran over with the cold drinks he had bought.
"How was it?"
Su Ruochu shook her head: "It felt difficult, I don't know if I can pass."
Chen Fan smiled and comforted her: "Don't worry. My wife definitely has no problem."
"Now that the exam is over, don't think too much about it."
"What shall we do next? Since we've come all the way to Beijing, shall I take you around?"
Su Ruochu thought for a moment and nodded in agreement.
So the two decided on the spot to postpone their return by one day.
Chen Fan took Su Ruochu on a good tour of Beijing, ate delicious food, and bought gifts for both their parents.
Of course, Chen Fan didn't forget Su Ruochu's gift, directly pulling this girl into several luxury brand stores.
Su Ruochu was a bit embarrassed at first.
The way the sales assistants looked at her made her feel awkward.
Chen Fan, however, didn't feel uncomfortable at all. Even wearing the most ordinary T-shirt and jeans, he still swaggered around the store, browsing casually.
"Take out this one, this one, and this one. Your store allows try-ons, right?"
The shop assistant heard from their accent that they were from out of town, but seeing the kind of aura Chen Fan exuded when he spoke, she couldn't quite judge these two people's economic strength for a moment.
Fortunately, the sales assistants of big brands still had basic professional ethics.
They maintained their service with a smile on their face, without giving the two any attitude.
This point made Chen Fan very satisfied, and in the end, he directly bought three pieces of clothing, a handbag, and a pair of shoes for Su Ruochu.
Su Ruochu originally refused to accept them no matter what, but Chen Fan had his own reasons.
"This is to celebrate the end of your exam, a gift I bought for you."
"And after we go back, you're about to take the provincial exam, don't you need to wear a relatively formal outfit then? Do you have that kind of work dress?"
Su Ruochu shook her head.
Chen Fan snapped his fingers.
"Since we're here. Let's go. Buy a set while we're at it."
Seeing Chen Fan so enthusiastic, Su Ruochu could only go along with him.
In the end, when the two returned, their hands were full of shopping bags. If Su Ruochu hadn't absolutely refused to shop anymore, Chen Fan still wanted to buy her a few pieces of jewelry.
On the way back, Chen Fan shook his head with a look of regret.
"What a pity. We can't carry anymore. I originally wanted to take you to look at the houses here."
Su Ruochu said softly: "What's the point of looking at houses. You don't live here anyway."
Chen Fan smiled.
"Who says buying a house is just for living in."
"Remember, houses are not for living in, houses are financial products!"
"And if you really come here to do your postgraduate studies in the future, I'll need to come see you often, right?"
"Buying a house would also be a place to stay..."
The taxi driver sitting in front looked at Chen Fan through the rearview mirror.
He found it amusing in his heart.
"Indeed, out-of-towners just like to brag."
"Financial products? Buying a house? Do you even know what the house prices are like in our Beijing now?"
"You're talking about buying a house like it's as simple as buying vegetables... It's really laughable."
"Country bumpkin, truly inexperienced."
According to Chen Fan's original idea, the two would delay for another day, and tomorrow they would properly explore the real estate market.
Unfortunately, Su Ruochu didn't want him to spend money recklessly and refused to stay another day no matter what.
The next morning, she pulled Chen Fan onto the flight back to Yunhai.
Chen Fan just smiled and didn't say anything. After all, there would be plenty of opportunities to come back in the future, and he could buy houses then.
They arrived back at the dormitory in the afternoon.
Su Ruochu took out their suitcases and sorted all the gifts by category.
The two had been very thoughtful this time and had bought souvenirs for their respective dormitory roommates as well.
In the evening, around dinner time, Chen Fan took the gifts back to dorm 519.
But there was no one in the dormitory.
After waiting in the dormitory for about half an hour, Ma Xiaoshuai finally returned.
"Damn. I was wondering where you guys went. Coming back so late."
Ma Xiaoshuai was a bit surprised, "You're back."
Then he cursed, "Damn! You have the nerve to talk about us, where the hell have you been these past few days?"
Chen Fan: "I went to Beijing with my girlfriend for her postgraduate interview."
Then he pointed at the things on the table.
"Gifts and souvenirs I bought for you guys. Don't eat all the snacks. Leave some for my other sons."
Ma Xiaoshuai walked over and looked through them, smiling.
"You even bought Peking duck, won't it have gone bad?"
Chen Fan reached out to grab it, "If you're not eating it, give it back. So much nonsense."
Ma Xiaoshuai directly tore off a chicken leg and took a bite before looking at Chen Fan.
"Old Chen, I have something to tell you."
Chen Fan jokingly teased, "What? Did your girlfriend dump you?"
But Ma Xiaoshuai wasn't in the mood for jokes, and instead shook his head seriously.
"It's not me. It's Han Xu."
"His girlfriend dumped him."
Chen Fan: "..."
"F**k, what's going on?"