The Monk That Wanted To Renounce Asceticism - Chapter 1358

Chapter 1358: Property Speculation Group

Brother Mao chuckled and said, “Stop sucking up!”

Even so, Brother Mao still enjoyed it.

Little Lin said, “Brother Mao, can you teach me how to speculate on property? I still have some funds. Can I join you?”

When they mentioned the main point, Fangzheng and Jing Yan sat up straight. Only Red Boy remained in a fugue state.

Brother Mao nodded and said, “If you were an outsider, I definitely wouldn’t care. But since it’s you, I’ll tell you.”

Little Lin was overjoyed and nodded repeatedly.

Brother Mao said, “Let’s put it this way. There are thousands of ways to earn money in this world. I don’t dare to say that I’ve done everything, but none of the industries I’ve worked in is faster and easier than this.”

Little Lin nodded as well…

Brother Mao said, “Although the nation has always been saying that a house is for living and not speculation, it doesn’t enact any laws to prevent price speculation of property. So, no matter how hard they denounce it, we will continue our speculations.”

Little Lin thought for a moment and said, “Brother Mao, if that’s the case, is there no risk in property speculation?”

Brother Mao smiled and said, “Where’s the risk? The law doesn’t do anything to it, so who else will? So what if the bank raises the bullsh*t down payment? It’s just a joke. We Don’t joke around. We’re all paying for the property in full. Would we even need to take loans? Money just makes more money and the cash flow is fast. Now, people have plenty of money. As long as they have the heart, they don’t need to look for a bank. Some people would beg for the money to be transferred over to join in the speculation. There are plenty of people like you… So, their so-called restrictions are just for show or to restrain our competitors who aren’t very capable.

“There is no way to restrict a truly powerful group. On the contrary, they are our assistants. The more restrictions they put in place, the more people pay attention to the local property market. That only serves to raise the price faster.

“If the price increases quickly, many people would choose to hold back on selling their houses to wait for the price to go higher.

“With low property supply, those who need to buy houses turn anxious. They throw their cash to purchase property, raising property prices further.

“With everyone helping each other, isn’t the price of property going to shoot up like a rocket? So, no matter what others think, I really like to see restrictions from the bank.”

Little Lin nodded repeatedly. “Amazing. Brother Mao is indeed amazing. The country cannot hold you back. I am lucky to have a relative like Brother Mao.”

Brother Mao said, “Alright, stop sucking up to me. Let’s get to the point. Property speculation is like fried rice. First, you have to pick good rice and ingredients.”

After saying that, Brother Mao took out his cell phone and said, “Look, this is the national map. Look at the map. Tell me, where do you think you should speculate?”

Little Lin looked at it for a long time before shaking his head…

Brother Mao said, “Forget it, you’re a complete layman. It’s pointless asking you. I’ll teach you everything from the beginning. If you want to talk about property speculation, you can start with those areas the politicians mentioned years ago. At that time, they were small fishing villages that were dilapidated. Who would take it seriously? But there was a group of people who listened to the governmental policies and rushed over. Now, people who have property and land there are all rich.”

Little Lin nodded as well.

Brother Mao continued, “Then, how did Shenzhen’s property prices rise? Firstly, it’s policy. The country supports it, and placed with governmental support ensures a lot of business opportunities. Once many people are there, there will be more people than property. Naturally, the property prices will skyrocket. Secondly, by synergy. Shenzhen leverages Hong Kong and Guangzhou, so it’s impossible for it to not be developed. Besides, this is not just the power of a city but the power of an entire country. Thirdly, talent. With so many talents there, it doesn’t make sense for the prices to not increase.”

Little Lin was confused as he listened. He nodded blindly and asked, “Brother Mao, what does this have to do with you coming to Songwu County?”

Brother Mao immediately laughed when he heard this. “You still don’t understand. So, just listen to me. If I tell you directly, you won’t understand.”

Little Lin nodded obediently and said, “Brother Mao, go ahead. I’ll definitely remember every word.”

Brother Mao nodded and continued, “Shenzhen’s model could be duplicated in the early years. Where the country says it will focus on, the national policies will follow? Those who immediately invest in a few pieces of property will definitely not make a loss. In fact, this was how property speculation first began… Thinking back to when I was working at a factory, I toiled the entire time. To put it nicely, I’m a boss.

“But to not mince words, what am I?

“I didn’t have much liquid cash. All my money is being invested. Either I owe others money, or others owe me money. If I can’t get it back, others are equally unable to get their money back from me. I bragged about my business over drinks every day and had to be scheming. It was so tiring, but in the end? I didn’t earn much!”

After complaining for a while, Brother Mao continued, “Thankfully, I somehow embarked on the path of property speculation. First, I started with a few pieces of property. Later on, I got a dozen and eventually dozens. Just selling them off earns up to millions in profit. And all it takes is a few months… That feeling is like getting finger cramps from counting money.”

Little Lin wore an envious look and grumbled, “It’s a pity that I missed the good times. If I had followed you back then, I would have been rich.”

Brother Mao chuckled and said, “Many people say that. This is because they don’t understand the industry and the key points.”

Little Lin looked at Brother Mao in confusion and said, “Isn’t the country preventing property speculation now?”

Brother Mao laughed loudly and said, “Didn’t I tell you just now that the government’s policies are useless against us? They’re only useful to those who don’t have money. On the contrary, they’re our greatest help. They’ll help us raise the prices of property and get rid of those lesser trash. The competition in the market is much smaller.”

Having said that, Brother Mao continued, “As for opportunities, it’s indeed not as prevalent as before. In the past, when the country highlighted an area, we could immediately take advantage of it. Now we can’t do it anymore. Once they do so, they will control the property prices. They do not allow sales and crazily suppress the property prices. It’s useless even if we have cash. That’s unless we get news of the policies before they come out and get the property…”

Upon saying this, Brother Mao felt a headache coming on. He could only sigh and say, “This move is indeed quite ruthless.”

Little Lin said, “Then how are we going to speculate on property now?”

Brother Mao said, “This is the reason why I brought you here. I want you to personally experience what it means to trade! In the past, I didn’t have money, but now I do. Heh heh… you will know what it means to be rich!”

Upon hearing this, Little Lin’s whole body burned. Unable to contain his curiosity, he pressed, “Brother Mao, tell me. I’m about to die from curiosity.”

Brother Mao chuckled and said, “Alright, I’ll tell you then.

“In the past, we used to rely on policies. Once the policies are enacted, we make money.

“Now that the government is controlling us and not helping us, what should we do?”