Back to the prime of life

Chapter 170: Bank of the Canal
The economic downturn in 08 made people feel it more deeply.

In late October, all kinds of bad news began to come in.

Lu's mother told him on the phone that someone from the village worked in a factory in Jiangzhou. He used to work overtime all the time, but this year the factory closed for the holiday before November.

Workers all understand that this is not a holiday benefit given to you by the factory, but a self-protection measure taken by the boss to reduce expenses. The factory's screw drivers mainly make money by working overtime, and the basic salary looks pitiful.

If the exaggerated news reports still seemed unreal, then the story told by Lu's mother herself was enough to make Lu Changge feel the chill.

Lu's mother was also worried about her son in her words, because the word "financial crisis" had already spread to that small city in northern Jiangsu and reached the ears of a woman who didn't even know much about economics.

In addition, perhaps because of Wang Hongcheng, Lu Changge paid more attention to the housing prices in Jiangzhou than in his previous life.

They had previously considered lowering prices and pre-selling units. This wasn't a difficult idea; over the past ten days, six real estate developments in Lelang District alone in Jiangzhou had put up promotional signs.

It seems like every day on the way to the Innovation Building, there is a new property with a price reduction or promotion.

Where has this kind of scene ever happened in Jiangzhou?
Behind these appearances are countless companies with broken capital chains.

On October 10, Lu Changge drove out of the school gate as usual. After turning a few intersections, he suddenly saw a promotional slogan for a real estate project called "By the Canal". For a moment, a wave of memories flooded in like a movie scene.

The so-called canal is the Beijing-Hangzhou Grand Canal. This ancient canal passes through Jiangzhou city.

About a few years later, Jiangzhou City launched the canal landscape project to vigorously improve the living environment. All factories on both sides of the canal were moved away, and various trails and open lawns were built.

In his recent memory, there was a scene of taking his children for a walk here.

This community called Canal Bank was also the place he had wanted to live in countless times when he and his wife from his previous life passed by it.

There are no high-rise buildings in the community, the tallest is only 8 stories high. The houses inside are either small villas with gardens, or four-bedroom apartments with a horizontal hall or large flats.

Later, as the city grew larger, there were fewer and fewer high-end properties in the city center, causing the prices of completed improved houses like Canal Bank to soar rapidly, and they occupied the high housing prices in Lelang District for a long time.

In addition to the environment, another factor driving up housing prices along the canal is the school district.

In an old city like this, it is easy to find residential communities with elegant environments, and there is no shortage of old and dilapidated houses with good school districts. However, residential communities with good environments, large house sizes, and in the school district of the best Jiangzhou Middle School are very scarce.

By around 2015, people like Lu Changge who had lived in Jiangzhou for a long time, including the local people of Jiangzhou, knew that those who lived along the canal were not ordinary people.

After the housing prices skyrocketed in 2016, this place basically said goodbye to ordinary people.

But now, the unit price here is only 6850.

Lu Changge has been thinking about buying a house during this period for a long time. Now that he sees it and still doesn't buy it, he really has something wrong with his brain.

So he thought about it for a moment and turned into the leftmost U-turn lane at the next intersection.

Yin Anyan, who was riding with him to the Innovation Building, was surprised when he saw this and said, "Shouldn't we go straight?"

Ai Mai, who was behind, also noticed this and was puzzled.

"On the way, there's something I need to do."

Yin Anyan couldn't guess what it was, but she couldn't imagine that Lu Changge was going to buy a house.

The sales office on the banks of the canal is quite high-end, with a glowing logo with four large characters placed on the ground in an artistic form, which is very fashionable.

Unfortunately, there was no one at the door.

"What are you..."

After parking the car, Lu Changge said nonsense: "I have looked at this community several times. The house should be good. I will go to pay the deposit. Come with me and see if you like it."

Yin Anyan was stunned when she heard this. After closing the car door, she ran a few steps to catch up with Lu Changge and said, "Buying a house is such a big deal, why don't you think about it first?"

Lu Changge had no interest in the nouveau riche's appearance, so he continued, "I've looked carefully and consulted a few friends who are familiar with the situation here. I can't be wrong. How could I spend millions without blinking an eye? Don't worry."

Ai Mai followed behind and said, "But many properties are lowering their prices right now. Isn't it true that when buying a house, you buy when the price goes up, not when it goes down?"

"That makes sense, but the house is worth more than one million yuan. Even if the price drops, it won't drop much. It can't be reduced to a bargain price. We just happened to meet today, let's go." Yin Anyan couldn't persuade him, so he followed him in.

Lu Changge had experience in buying a house, but these two girls had not. They were curious about everything here, even the community model was interesting.

The male salesperson who served them spoke in a very exaggerated way, as if this was a palace in heaven.

But Lu Changge didn't want to waste too much time, so he quickly chose Room 3 in Building No. 606.

We ordinary people all pay attention to auspiciousness, and good numbers are the most popular. This is not because Lu Changge is superstitious, but mainly because it has financial attributes and will be sold at a high price in the future. Naturally, it is slightly more expensive than the price advertised outside.

The salesperson was really impressed. He had never seen anyone buy a house this way in his career. Before they had even talked for five minutes and he was not even allowed to finish his introduction, he had already bought a large flat with an area of 7050 square meters and a unit price of 212.

Not to mention the deed tax and parking space, the house price alone is 149.5 million.

Lu Changge didn't care about the money. He had already planned a sum of money for the buyer. This is called portfolio investment, not putting all eggs in one basket.

He invested 200 million in pulsego.

Lumo was okay. He was too lazy to calculate the hundreds of thousands of dollars in the beginning, but he had just decided to spend money on promotion. If he didn't raise funds, he would have to pay out of his own pocket.

The HaiLan Bay Swimming Pool took up more than 80 yuan of his funds. Although it will take some time to get his investment back, fortunately it can already generate its own funds.

In fact, after all these operations, his total deposits were more than 1200 million, more than 400 million of which were deposited in Gong Chunxue's Jiangzhou Bank, and most of the small-amount fund transactions were done with this money.

There were so many people coming in and out that he couldn't count them carefully, but there should be more than 300 now.

The other card with an amount of 200 million is used to handle large amounts of money. The previous 600 million was transferred through here, and now it is million and tens of thousands of yuan in interest.

He planned to use this bulk of the money on Wang Hongcheng.

In other words, the funds he could use were the more than 300 million yuan in Jiangzhou Bank. He looked carefully and found that it was more than 356 million yuan. After buying this house, he would have a little more than 200 million yuan left.

If Lumo needs to use his own...

He usually doesn't calculate these accounts carefully. After all, which multi-millionaire would calculate the income and expenditure of his account every day? It is also because of this that he overlooked a problem, that is, he has a large business and has opened several companies, but... there seems to be no income?

If we just build it, let alone more than 1000 million, even if it is million, once the company starts burning through money, it will be gone very quickly.

Putting these thoughts aside, Lu Changge signed the house purchase contract amid the sound of Yin Anyan and Ai Mai swallowing their saliva, and directly paid a deposit of 5 yuan.

Later, when Ai Mai explained to Qin Jun and others why she was late today, she told them the reason that she had taken a detour to accompany Mr. Lu to buy a house. This consumption behavior, which was like buying vegetables, was quite shocking to her.

That evening, An Yihuan happened to be arguing with Cheng Yongyi on the phone. Furious, she said, "You have to let him grow up mentally. Look at what others are doing and what he is doing!"

The word "growth" is very appropriate. An Yihuan feels that Cheng Yongyi and Tang Huaicheng are the most immature people in Lu Changge's dormitory. They act as if they can go to college forever, including Ai Mai's boyfriend.

"We are both miserable, but I can't compare to An Yan in this aspect."

Of course Ai Mai understood that this was also one of her troubles.

Yin Anyan was also worried because someone else was courting Lu Changge. Lumo was clearly hiring assistants, serious assistants, but two flashy women showed up and turned the interview into a beauty contest.

Lu Changge also had a headache, but the consolation was that the previous plan was progressing well.

During the tense and exciting meeting, Ai Mai has already come up with several new clothing styles for him that can be put online. The concept of being able to put them online means that the manufacturer has the goods, and as long as the user places an order, they can be shipped immediately.

And she got a lot. Now, in addition to formal shirts, men have T-shirts, polo shirts, jeans and casual pants. Women have dresses and sweaters. Winter is coming soon, so there are also scarves.

The cheapest item is a men's T-shirt, priced at 29 yuan, while the most expensive item is a pair of jeans, priced at 89 yuan. A simple, commuter-friendly dress is available for just 69 yuan.

Moreover, the styles of these clothes are not ugly. Lu Changge still has some aesthetic sense. At least he will not take the clothes worn by his uncle and aunt.

"29, 39, 49... all the way to 89, this is the price range of our first batch. All products are less than yuan. At the same time, I try to retain a more fashionable and simple design..." Ai Mai's eloquence has also improved now.

Lu Changge thought it was pretty good, and the next step was just viral marketing.

(End of this chapter)