Take Arada back to the past

Chapter 853, Hainan Island

Yang Xiaole and his companion rode their bikes home.

The water heating in the house had already been turned on, so it was quite warm inside.

"What do you want to eat tonight? I'll cook!"

After Yang Xiaole came in, he smiled and said to Qu Ying.

Qu Ying thought for a moment and said, "I made a lot of fried sauce yesterday, and we didn't finish it. There are noodles in the refrigerator. Why don't you cook some noodles and we can have fried sauce noodles?"

"Okay, sure! You take a break! I'll get it done!"

As she spoke, she went to the kitchen.

Light the fire to boil water, then look for something.

Shred the cucumber, blanch the bean sprouts, shred the carrot, add a little fried peanuts, and a spoonful of 28 sauce.

Qu Ying walked into the kitchen, leaned against it, and smiled, "How was the trip this time?"

"It's alright! We brought back some equipment from Russia to fill some gaps in our domestic supply."

Hearing this, Qu Ying didn't ask any further questions.

He then said, "By the way, I want to discuss something with you. If I go to Hainan, are you coming? Hainan is also building a special economic zone, right? Why don't you go there too?"

Upon hearing this, Yang Xiaole continued stirring the sauce and diluted it with sesame oil.

He muttered to himself, "Sure! I heard from Mom today that you're going to Hainan, and I thought about it too. Anyway, it's the same for me to do business anywhere. Xingxing and Yueyue are already so big, I'll let Mom and Dad take care of them then."

Xizi is going to North H. Her older brother and the others don't usually have time to visit their parents, so having their child there will allow them to spend some time with them.

When summer vacation comes, let Xingxing and Yueyue, and oh yes, Mom and Dad, come over to visit and go beachcombing. In winter, let Mom and Dad go there for a vacation; the coldest it gets there is about the same as spring here, close to 20 degrees Celsius.

He has no business whatsoever.

I bought a shop in Xiushui Street, and it's still sitting there unattended.

He's just lying flat now.

However, he will definitely bring funds to support his wife when she goes there, otherwise it would be inappropriate.

As for how much capital to bring, that depends on the acceptance level on the other side.

Qu Ying didn't expect him to agree so readily.

"You really want to go!"

Yang Xiaole put the mixed sauce aside, washed his hands, and laughed, "What's there to be willing or not? I'm not that busy. You go to Hainan Island, and I don't have much to do here. Go there and stay for a few years. Besides, Hainan Island is the largest provincial special economic zone in the country, and there are plenty of opportunities there."

In reality, there wasn't much of a chance at all.

If history doesn't change, the economy there won't recover in a few years.

However, it's not entirely hopeless.

Companies in the automotive and tourism industries, which require time to build, have not been significantly affected.

Is there no tourism these days?
Of course there are!

Last year, Hainan Island was listed as one of the seven key tourist areas in China.

In two years, Hainan Mazda will form a joint venture, and the Haima, which sells well all over the country, will be produced here. However, due to high costs, the production was later moved to the mainland.

His type of investment doesn't care about the short-term economic situation.

Moreover, Hainan Island has only been affected by the impact and its development has been slower, not that it has stopped developing.

This slowness is relative to other special economic zones.

Qu Ying smiled upon hearing this: "Okay, then the two of us will go over there. If you're free, come back and see the child. If not, you can stay here with your parents and child for the New Year, and then go back after the New Year."

Upon hearing this, Yang Xiaole glanced at Qu Ying's meaningful expression.

He gave a sheepish smile.

Does this mean he tacitly allows himself to occasionally visit his children on Hong Kong Island?

As for getting Qu Ying to accept these people, that's impossible.

Some things can be tacitly agreed to, but cannot be made public; this is Qu Ying's bottom line.

Looking at the water in the pot, he smiled and said, "We'll talk about that later. The water won't boil for a while. I brought you some clothes, take a look!"

After leaving the kitchen, she went over and took out the clothes she had bought.

Qu Ying looked at the fur coats and sighed helplessly: "These things aren't cheap! Why are you wasting your money on this! I'm going to Hainan Island after the New Year, and it's not suitable to wear these there!"

Besides, I'm not really suited to wearing this kind of clothing right now.

Fur coats have been sold in Xidan Shopping Mall for more than 20 years, with some costing as much as 3000 yuan and requiring industrial coupons to purchase.

She's a discerning person.

These items are all of good quality.

Yang Xiaole shrugged: "I didn't know you were going to Hainan Island! Since I've already bought it, I'll keep it for now! You can't not come back to Beijing, can you? You can wear it here when our family is around."

Upon hearing this, Qu Ying hesitated for a moment.

What woman doesn't love beautiful clothes!

However, my job is really not suitable for this style. But thinking about it, it doesn't seem like it would be okay to wear it in private!

"Alright then, I'll give it a try!"

Then I started trying it out.

However, she didn't choose any particularly glamorous clothes; she just tried on a white one.

In the end, she took it off: "Let's leave it for now! We'll see later."

Yang Xiaole knew that she was not used to it, not only because of the nature of her work, but also because fur was not very popular in mainland China.

Wearing it gives off an frivolous vibe.

It felt like being a landlord or a rich man.

Yes, that's exactly the feeling.

In the past, most of the fur coats in Beijing were sold to overseas Chinese.

"This is fine, I'll wear this!"

Finally, I picked up a brown wool coat, except it had a sable collar.

Yang Xiaole guessed that she would wear this because it wasn't too flashy.

She chuckled and nodded, "Sure! It's at home anyway, you can do whatever you want with it! Wear it if you want, don't wear it if you don't. I'm going to cook some noodles."

After saying that, he left with a smile.

Qu Ying watched him leave, took out all the clothes to look at them, and finally hung them in the closet in the room.

……

After dinner, the two of them watched TV and chatted.

Now Qu Ying talks about policies and the economy all the time, and Yang Xiaole is no novice either, so they can naturally have a good conversation.

Yang Xiaole intentionally reminded the other party about the future of real estate in Hainan Island.

However, he was citing the Hong Kong Island subprime mortgage crisis of 65.

"In 65, the crisis actually started with a banking credit crisis. Banks tightened credit, demand shrank, the real estate market was severely oversupplied, housing prices plummeted, many real estate companies went bankrupt, and many unfinished buildings appeared. This was one of the more serious crises in Hong Kong's real estate industry after the war."

"If a large amount of capital flows into the real estate market, and the bubble bursts, it will inevitably lead to a sharp drop in housing prices, leaving banks with a huge amount of bad debt."

After listening to his words, Qu Ying pondered them.

He said, "The average living space per person on Hong Kong Island is very small, so the supply should be less than the demand! This is just a simple banking credit crisis!"

Yang Xiaole shook his head: "That's not how it's calculated. What was the average salary in Hong Kong back then? How many people could afford to buy a house? You can't include those who couldn't afford a house in the calculation."

Don't be fooled by Hong Kong Island's relatively good economy now; only a minority can afford to buy a house. The majority still live in government-built public rental housing.

When housing prices are so high that ordinary people can't even afford a down payment, these people shouldn't be included in the calculation.

It's like knowing that house prices in Beijing, Shanghai, and Guangzhou are skyrocketing, but if you can't even afford the down payment, what's the point of knowing that prices will rise?
Qu Ying listened attentively to what he heard.

Finally, he nodded: "That's true. Whether it's a financial bubble or a supply-demand imbalance, it could lead to a real estate collapse. I don't think that will happen here! We're relatively cautious here."

Hearing this, Yang Xiaole smiled.

This will certainly be the case for the next three years.

However, after the real estate market was liberalized in 1991, 20,000 real estate companies entered Hainan Island in just two years.

In the end, the average living space per person reached 50 square meters.

After all, Hainan Island doesn't have enough population to support it.

This area already includes 8% of the rural households. If we exclude rural households and calculate based on urban households, the average area per person would be 150 square meters.

What a terrifying number.

It's worth noting that in the same year, the average living space per person in Beijing was only 7 square meters. He then reiterated, "Now, the mainland is gradually opening up the real estate market, and commercial housing is becoming more common. All of this requires the support of urbanization, which in turn requires a large amount of industry."

When people have income, they can buy houses.

Without substantial industrial support, rapid urbanization and an overheated real estate market will only leave behind significant hidden dangers.

Restricting the inflow of funds will definitely cool things down instantly.

The extent of reform and opening up needs time to settle.

The real estate boom occurred around 2000 because a large number of companies supported these people who took out loans and were able to repay them gradually.

Otherwise, it will all be empty.

Qu Ying pondered upon hearing this.

Finally, he chuckled and said, "That shouldn't happen here. Aren't the special economic zones developing very well now?"

Yang Xiaole smiled upon hearing this.

I will stop arguing.

After all, it will take some time before the real estate market is fully liberalized, and Qu Ying was unaware of this.

Just let her know the ins and outs.

Moreover, it's estimated that Qu Ying going there wouldn't change anything.

This kind of thing definitely requires someone of a certain level to handle it.

We chatted about some other things.

As the conversation went on, it circled back to the future development direction of Hainan Island, and Yang Xiaole naturally offered some prudent suggestions.

Development may be slow, but it is stable.

……

"Hurry! Hurry! It's already started."

As the two were talking, a hurried voice came from the doorway.

Yang Xiaole looked back.

It was two children.

"Dad! Where are our presents?!"

Yueyue came in and rushed over with a smile, hugging his neck from behind.

Yang Xiaole affectionately ruffled her hair and laughed, "How old are you? Don't you know how to be more mature? Your mom will scold you later."

"Hehe, it's okay. Dad, you're home. If Mom scolds me, I'll just say it's because you spoil me."

Yueyue pouted and said with a smile.

This made Qu Ying, who was standing next to her, roll her eyes.

Seeing this, Yang Xiaole laughed and said, "Weren't you at your third uncle's house? Why are you back so late? The things are over there!"

He pointed to a pile of things in the corner of the living room and said.

Upon hearing this, Yueyue ran over immediately.

The stars are much more composed.

Hearing this, she sat down and said, "Grandma called Third Aunt and said you're back, so we're coming back right away."

But his eyes were fixed on the television.

Yang Xiaole knew what he was looking at.

Journey to the West.

Filming began in 83, but it wasn't until the end of this year that it was finally completed and released.

Journey to the West practically dominated most of the TV channels during the holidays, appealing to everyone from eighty-year-old seniors to young children; it was an instant hit.

Various channels are broadcasting it in turn, and I still feel like I can't get enough of it.

When one channel ends, switch to another and continue watching.

He hummed in agreement and said, "Your mom is going to Hainan Island, you know that, right?"

"Yes, I know. Mom mentioned it a few days ago. Dad, are you going?"

"I'll go there! But I'll come back sometimes. When there's a holiday, I'll take you guys there to play. It's not cold there at all."

The stars nodded gently.

"Okay! We'll see when the time comes!"

At this moment, her gaze turned to her eldest sister.

At this moment, the other party was holding some toys from the Russian bear's side.

The stars were also attracted, and with only a few minutes left on TV, they went over to distribute the items.

Yang Xiaole and Qu Ying both laughed when they saw this.

"Xingxing has grown up and is much more composed now. She used to prick frogs with needles and give them IV drips!"

Qu Ying laughed upon hearing this: "Yes! How could it not be big? I'm already in my first year of high school this year, and I'll be going to university in a few years."

Yang Xiaole smiled as she watched the two people dividing up the toys.

Before we knew it, our child had grown up so much; he'll be 16 next year.

Time flies.

"It's begun, it's begun."

When Yueyue heard the familiar melody coming from the TV, she exclaimed and quickly ran to the sofa.

The whole family of four was watching.

For a time, everyone was quite happy.

……

Wash up and go to bed tonight.

After such a long time apart, it's like dry tinder meeting a raging fire.

Another shameless meal.

Over the next two days, Yang Xiaole completed all the demobilization procedures.

At this point, Yang Xiaole's identity was restored to normal.

I also personally delivered gifts to several relatives.

Overall, everyone is doing fairly well. They may not be as well off as those who run businesses, but compared to the average person around them, they are doing quite well.

……

During the Chinese New Year, Yang Xiaole still spent lunchtime with Hua Yourong and a few others.

This time, however, Huang Xintong is also included.

As for Hua Yourong's disdainful look, Yang Xiaole naturally pretended not to see it.

……

After the Chinese New Year, Yang Xiaole stayed at home for nearly a month, made arrangements, and boarded a plane to Guangzhou.

There, I transferred to a plane to Haikou.

Qu Ying arrived a few days early.

"It's really hot here!"

Qu Ying got off the plane, felt the temperature in the air, and muttered something to herself.

He took off his coat.

Yang Xiaole had never been here before.

He smiled and nodded, "Let's go find a place to stay first; I bet all the guesthouses here are full."

The news about Hainan Island becoming a province has already made the news. The plane was full of people, and now all that's left is to officially register it.

Qu Ying nodded upon hearing this.

The two exited the airport together.

There weren't many people at the airport, since it's in the suburbs and more than 20 kilometers from the city center.

The roadside is full of unlicensed taxis.

They have tricycles, motorcycles, and even minivans.

The two found a van and followed it, arriving in the city.

(End of this chapter)