Mixed in 1980

Chapter 304 1992
Chen Fan gently tapped the armrest and smoked a cigarette.

Sun Shaojie shook his head: "If it's a demolition and relocation compensation, it might not be possible. You only have one option: private relocation, but that's not easy to arrange either."

"Don't you know how complicated a tenement is?"

“Everyone’s conditions are different. If you don’t agree, it won’t work. But if you do agree, other companies will think you’re easy to manipulate and will add conditions.”

"In the end, nothing gets done."

"Junior brother, what are you trying to achieve? You're not a diligent person, and you even delegate company affairs to others. Why make trouble for yourself?"

Upon hearing this, Chen Fan scratched his head: "I was just thinking that as the capital develops and the population increases dramatically, it will definitely be very lively in the future. Buying the alley will make it quieter."

Sun Shaojie was both amused and exasperated; having money really does allow one to be capricious.

Chen Fan's house is quite large, with three courtyards and two side courtyards on the east and west sides. Isn't that quiet enough? What about those who live in apartment buildings or large courtyards?
However, this guy is rich, extremely rich, so it's only natural that he has some ambitions.

"If you like peace and quiet, go to the suburbs, get a piece of land, build your own villa complex, and don't sell the houses to the public. That will be peaceful enough."

"What I want is a quiet place amidst the hustle and bustle!"

Chen Fan stubbed out his cigarette and took a deep breath: "I have to get this done. Even if I can't acquire all of them, I'll acquire most of them."

"Invest in building a residential community, and exchange residents based on their area. Those who are willing to exchange can exchange, and those who are not willing to exchange can forget about it. The entire courtyard must accept the exchange."

"I just don't believe it. If they had bigger apartments to live in, they would still prefer to live in a tenement."

Ya'er Hutong is not a demolition area.

There are many cultural relics sites inside, and it is unlikely that they will be demolished even in fifty years.

Sun Shaojie agreed with this: "That's right. If we don't demand a complete acquisition, the deal will be easier to negotiate, and everyone will be willing."

"How big of a residential complex are you planning to build? Since 1980, the population of Beijing has increased by nearly three million, resulting in immense housing pressure. There is great potential in the real estate market."

"I suggest building a large community."

Upon hearing this, Chen Fan chuckled. What kind of senior brother is this? Always eyeing his junior brother's wallet, trying to take a bite whenever he gets the chance.

"I have no interest in real estate!"

"Have some shame, will you? You're the biggest real estate developer in Hong Kong, and you're the same in mainland China. You own vast tracts of land in Beijing, Guangzhou, Shenzhen, and Shanghai," Sun Shaojie sneered.

“That’s for building the CBD. Have you ever seen me build commercial housing? Xinghuo Community, I only kept some for myself and distributed it to the employees. The rest are all yours.”

"By the way, why don't you go into real estate in mainland China? The economy is booming right now, and you can make money really fast in real estate," Sun Shaojie asked curiously.

"How many people in Hong Kong who are in the real estate business have a good reputation? Anyway, Hong Kong people criticize them every day, and I've been criticized a lot too. I don't want to be criticized again when I go back to the mainland."

Chen Fan took out another cigarette and lit it: "Teacher Xu is busy doing charity work and has such a good reputation. I don't want to ruin her reputation."

Before 1985, Chen Fan had a very good reputation in Hong Kong, especially for his opposition to the British. Many people regarded him as an idol.

However, after 1985, Hong Kong's property market skyrocketed, and ordinary people could not afford to buy houses. As the largest real estate developer, Chen Fan's reputation began to suffer.

I've been cursed by many people!

Xu Jinqiu is different. Even though the foundation doesn't promote her work publicly, she has a very good reputation at the official level and is respected wherever she goes.

After thinking for a while, Chen Fan said, "It's the same as the Xinghuo Community before. You provide the land and manpower, and I'll provide the money. After completion, you can give me the houses according to the proportion."

"As for the size of the community, let's make it three times the size of Xinghuo Community. There should be a variety of apartment types, including small two-bedroom, small three-bedroom, large two-bedroom, and large three-bedroom apartments."

"Let's do it this way, foreign exchange settlement?" Sun Shaojie added. Chen Fan's pager production has started, and he also has a supermarket, so he's not short of money.

"Fine, I'll use foreign currency then," Chen Fan said irritably.

With current construction costs, building a residential complex wouldn't cost Chen Fan much. Once it's completed, he'll be able to get a house there, so he won't be at a disadvantage.

The real trouble is the replacement house: "I will buy the private yard first, and then I will have to ask the neighborhood committee for help with the replacement."

After leaving Sun Shaojie's place, Chen Fan went straight home. His three wives each held a child, while Yan Xi played with them.

Teasing her younger brother, then teasing her younger sister.

She kept muttering, "Grow up quickly, little brother," showing a deep-seated obsession with hitting him.

Chen Fa walked over and picked up the little dumpling: "Yan Xi, you have to keep a close eye on your younger brother and sister, or your stepmother will lose them sooner or later."

The little dumpling nodded and said, "Mommy is so forgetful, she's not good at all."

Miss Zhao blushed, a rare occurrence for her, and couldn't refute it.

After thinking for a moment, I quickly changed the subject: "Has the deal been finalized regarding the acquisition of the hutong?"

Chen Fan held his daughter and explained in general terms: "We can only replace them gradually, and we'll get as many as we can in the end. It doesn't necessarily mean we have to replace them all." Replacement is a long process.

From the end of 1989 until the bursting of Japan's bubble economy and the collapse of the Soviet Union, and into 1992, an old man wrote a poem on the shore of the South China Sea, stirring up a surging spring tide and raising a mighty sail on the journey.

However, the relocation of Ya'er Hutong is not yet complete, and three courtyards have not yet been acquired.

One private courtyard and two large tenement courtyards.

"That's enough, let's leave it at that!"

Pregnancy makes you stupid for three years. After three years of being stupid, Miss Zhao's IQ regained its high ground: "The conditions offered by our family are already good enough. We're not really being taken advantage of."

The conditions Chen Fan offered were indeed quite good.

Acquiring private courtyards is fine, except for the last one, which was bought at a high price back in 1989. The remaining one is an ancestral home, and there was no intention to sell it at all.

Acquiring a large courtyard house would be much more expensive.

The area to be acquired is calculated based on the area of ​​the house, plus the equal share of the yard, and finally, double the building area will be compensated.

In addition, each person received a resettlement compensation of 5000 yuan.

Such a price would be considered generous even by today's standards, but in this day and age, it's an absolute rip-off.

Nowadays, apartments are expensive, while courtyard houses are cheap.

But in the long run, Chen Fan will definitely make a profit. The price of courtyard houses, especially those in Houhai, will be shockingly high in the future.

At its peak, a small courtyard house of 210 square meters sold for 4200 million yuan, while a house like the one the Chen family lived in, with its side courtyards, could sell for 23 billion yuan.

But people live in the present.

Especially for the residents of the large courtyard, if it weren't for Chen Fan's relocation, they would still be crammed into a small house of only ten or twenty square meters in twenty or thirty years.

"Let's just leave some life in the alley!"

Chen Fan picked up the phone and called the neighborhood office to inform them that they were abandoning the acquisition of the remaining courtyard houses.

After hanging up the phone, Ms. Zhao couldn't help but laugh and said, "Once the neighborhood committee issues a notice, the people in those two large courtyards will definitely cause trouble."

The remaining people aren't unwilling to sell.

Yes, we need a lot!

Originally, most people in the courtyard wanted to sell, but Chen Fan entrusted the street office to purchase the entire property. Some people saw an opportunity and tried to raise prices.

This is reasonable. That's how buying and selling works. It's about demand, not about whether someone has to sell to you just because you offer a high price.

It's your own property, you should make your own decisions.

Chen Fan wouldn't shamelessly accuse others of being holdouts, but he simply couldn't agree to it. If he did, the other residents who had already signed contracts would start making trouble.

"It's none of our business."

Chen Fan pinched his wife's nose and teased, "Miss Zhao, you've been pregnant for over three years now. Shouldn't you take over your company by now?"

Miss Zhao hurriedly shook her head: "Pregnancy makes you stupid for ten years. My memory is bad and I'm forgetful. I won't go to the company to cause trouble. It's fine to be registered under Xinghuo Investment."

"I've been idle for several years, it's time to go back to work."

Chen Fan was both amused and exasperated. Over the years, Miss Zhao had been idle at home, doing nothing but teasing cats and dogs. He needed to find her something productive to do.

"Brother...wouldn't it be better to stay home with you?"

Clinging to her husband's arm, Ms. Zhao began to plead sweetly, "Besides, I've been out of the workforce for over three years, I'm not used to it, please..."

Just as Chen Fan was about to agree, Zeng Ali walked in with her big pregnant belly, glared at her sister, and said, "Don't even think about it. You're practically wasting your time. Go back to the company next week."

Miss Zhao, feeling a bit annoyed, reached out and took Zeng Ali's arm again: "Big sister, you're pregnant with your second child, so as your younger sister, I definitely have to stay home and take care of you."

"You can't even take care of yourself, how can you take care of me?"

Zeng Ali chuckled and tapped her forehead: "You've been idle for more than three years, that's enough. Go to Hong Kong obediently next week, no discussion."

Miss Zhao sighed, her lips pouting so much they could hang an oil bottle on them, her face full of sullenness.

Zeng Ali shook her head helplessly and said irritably, "If you stay idle any longer, you'll become completely out of touch with society. Do you really want to be a useless little good-for-nothing?"

As she spoke, she looked at her husband and said, "Young Master Hua and Liu Jianxiong are here and waiting for you in the living room."

"Why are they here?" Chen Fan asked in surprise.

(End of this chapter)