Hong Kong Film Intelligence King

Chapter 282 The Benefits of Reading

"Huihui, you must study hard and find a good job in the future." Mother Le said to her youngest daughter while cooking.

There's no need to worry about the eldest daughter, Le Huizhen.

Lok Wai-chun has good taste; she found a wealthy husband who is now a tycoon in Hong Kong, giving her family complete peace of mind.

Don't assume that Lok Wai-Ching was so glamorous when she was a host on TVB Jade.

Before I met Wang Dao, Le Huizhen's show was barely surviving; otherwise, she wouldn't have resorted to gossiping about celebrities.

After understanding the Way of the King, one's luck turns around, and one becomes a completely different person.

Wang Dao used his connections to get her a segment and appointed her as the designated host for "Police News," after which her career took off.

When the neighbors talk about Lok Wai-Ching now, everyone gives her a thumbs up, and the envy in their eyes always makes Lok's mother secretly happy for a long time.

There's no need to worry about the eldest daughter; the rest are the second daughter and the youngest son.

"I don't need to work that hard!" Le Huihui retorted, "My brother-in-law is so successful, why should I work so hard?"

Le Mama suddenly became an internet sensation:

What are you thinking about, child?

"Your son-in-law can take care of your sister, why would you want your brother-in-law to take care of you?"

The more she talked, the angrier she got, and she couldn't help but look left and right for a feather duster.

Le Huihui shouted and ran away, quickly reaching Wang Dao's side and taking his arm, saying:

"Brother-in-law, help me!"

Le's mother was furious:

"Huihui, get out of your brother-in-law's sight!"

Le Huihui moved even closer:

"I do not!"

"Don't think I don't know what you're planning. If I dare to stand up, I'll get beaten up."

This girl is clearly quite clever.

"Brother-in-law, you'll definitely help me, right?"

Wang Dao, with a strange expression, said:

"Huihui, don't you know who's the boss in this family?"

"You actually dared to offend two big bosses... I can't help you!"

Le Huihui was startled and looked up to see her mother's icy face.

He yelled and was about to run away when his mother grabbed his ear and brought down a feather duster.

Le Huihui screamed loudly.

"You're a grown man, yet you can't even protect your own sister-in-law."

Wang Dao calmly offered a cup of tea to Le's father and said:
"I protected Dad and saved you from being beaten by both the men's and women's teams, and you don't even know how to be grateful. It really breaks my heart!"

Upon hearing this, Mr. Le, Ms. Le Huizhen, and Mr. Le Huiguang burst into laughter.

Le Huihui was dumbfounded.

It's impossible that Yue's mother really hit her. Her daughter is grown up now, so the two slaps were just for show.

If you don't really beat someone, what if they become mentally impaired?
Le Huihui rubbed her bottom and returned to Wang Dao's side, quickly asking:
"Brother-in-law, if I don't get into university, can you find me a job?"

Wang Dao glanced at her:
"You can't even get into university, what kind of job do you want?"

“Our family is not short of money, so keep taking the exam until you pass.”

Le Huihui said bitterly:

"The competition in Hong Kong is fierce."

The kingly way disagrees:

"Just focus on your studies. If Hong Kong doesn't work out, then go to the US, Chongqing, or your hometown."

"There's bound to be a university that suits you in these three countries."

Le Huihui's eyes widened: "Huh?"

Wang Dao said solemnly:
"You should still go to university. If you have the opportunity, why not go?"

"The more knowledge you have, the broader your horizons become, and the better you understand what your life is like."

Le Huihui was completely baffled:
"Isn't the purpose of studying to find a better job?"

“Our family doesn’t need you to earn money to support us,” Wang Dao said dismissively. “What kind of job do you want? Don’t even mention me, your sister can find you a suitable one.”

"It is true that people need to work, but people's lives cannot consist of only work."

"Life is only 30,000 days long; if you're not careful, it's gone in the blink of an eye."

"When you tear off the last page of the calendar, look back on what you've been through in your life, and don't have any regrets!"

Le Huihui was completely dumbfounded.

She looked at Le's parents, then at Le Huizhen and Le Huiguang, and murmured:

"I clearly wanted comfort."

"Why did I get criticized again?"

Le Huihui said in disbelief

"Brother-in-law, are you really only twenty?"

Everyone almost burst out laughing!
The girl is so pitiful.

After a while, Mr. Le sighed:
"The son-in-law has a grand vision; no wonder he's been able to build such a successful business."

"You three need to listen carefully."

"Having weight in your words isn't just about having a loud and clear voice."

"One sentence is enough to get to the point."

"If you understand what your son-in-law has to say, it will benefit you for a lifetime."

Wang Dao smiled and waved his hand:

"Father-in-law, there's no need for that."

“Our family is different from ordinary people. My relationship with Huizhen determines that neither Huihui nor Huiguang will have to worry about money in the future.”

"Other people's children go to school so they can get a job."

“Our children don’t need to have this choice.”

“Not only them, but even my and Ah Zhen’s future children will not face such a choice.”

"Then we need to let them know what the meaning of life is."

"Let's not end up raising a few spendthrift kids."

Le's parents exchanged a glance, both showing joy.

The son-in-law has a truly broad perspective.

They won't have to worry about their children for the rest of their lives.

Wang Dao said solemnly to the two children:
"We support whatever you two want to do."

"However, there is one point."

"No gambling, prostitution, or drugs allowed. Anyone who dares to get involved with these things will have their legs broken by me."

"Also, remember this."

"Our roots are in our hometown, and all foreigners are bad guys."

"Whether they are Japanese or Westerners, they are all the same."

"The rest is up to you."

Le Huihui's eyes blinked rapidly:

"Brother-in-law, can I be a rich heiress?"

Wang Dao smiled:
"Being a rich heiress isn't easy."

Le Huihui didn't believe it.

Wang Dao had no choice but to say to Yue Huizhen:
"Honey, you talk to her about our plans for raising our future child."

Le Huizhen immediately perked up.

Le Huihui exclaimed in surprise:

"Wait, you don't have a baby yet, and you're already starting to raise one?"

Le Huizhen said seriously:

"A child's growth is a big deal. We must cultivate a normal outlook on life in her from an early age. We cannot treat it casually."

Le Huihui stuck out her tongue and said obediently:

"Sister, please speak."

Le Huizhen nodded in satisfaction:

"When the child is two years old, he should go to a private kindergarten, and when he is three years old, he should start his formal education."

"From three to seven years old, students study for four hours a day and spend the rest of their time playing."

"At the age of seven, I attended a boarding school for elite families..."

Le Huihui's face turned pale, and she couldn't help but look at her parents and Le Huiguang, only to find that the family members all had similar expressions.

"My child should be well-rounded, excelling in both academics and martial arts, and proficient in all the arts, including music, chess, calligraphy, and painting..."

Le Huihui groaned:

"Isn't this too tragic?"

Le Huizhen sneered:

"miserable?"

"They're free after they turn eighteen. What's so tragic about that?"

Le Huihui said in astonishment:

"You stopped caring about them after they turned eighteen?"

Le Huizhen shrugged:

"As long as they stay away from drugs, gambling, and prostitution, why should I care what they want to do?"

Le Huihui couldn't help but ask Wang Dao again:

"Brother-in-law, do you really agree to my sister's plan?"

Wang Dao laughed and said:

"I think it's pretty good."

Le Huihui couldn't help but pat her forehead, feeling that these people were going crazy.

Has Wang Dao gone mad?
No!

Successful paths are not easy to replicate, but following certain paths can reduce the probability of failure.

It may seem like a tough parenting style, but either you suffer from hardship from a young age and won't suffer later in life, or you never suffer at all as a child and will suffer later in life.

There's always a period of hardship to endure.

Of course, those who are exceptionally lucky in their birth are an exception.

Some people say that if you were born into Wang Dao and Le Huizhen's family, you wouldn't have to suffer, right?
But Le Huizhen was unwilling.

Parents can easily set a good example for their children.

If their next generation grows up crooked, will the next generation grow up well?
Lok Wai-chun's sights are not set on the next generation, but on the long-standing reputation of the Wang family.

"Proficient in all the arts, including music, chess, calligraphy, and painting..." Yue Huihui said awkwardly, "I'd rather remain the second daughter of the Yue family."

Just thinking about that kind of life is terrifying and makes me shudder.

Children aged three to seven have to study for four hours... How could they do that!

Le Huihui was terrified!
Wang Dao asked with a smile:

What are Huiguang's plans for the future?

Le Huiguang hesitated for a moment, then mustered her courage and said:

"I want to start a business."

Wang Dao nodded:
"That's right, Hong Kong will usher in a golden decade in the near future."

"Doing some business is a good thing."

As soon as these words were spoken, the Yue family members gathered around.

Mr. Le asked:
"Son-in-law, why do you say that?"

Will Hong Kong see any major positive developments in the future?

Wang Dao nodded slightly.

"Yes!" Yue Huiguang said impatiently.

"Brother-in-law, what good news is it?"

The king's path points north:

"The stability of the political situation in our hometown is the biggest benefit for us."

Everyone was startled.

Wang Dao sighed:

"Hong Kong is a tiny place with almost no resources."

"We rely almost entirely on foreign trade for all our raw materials."

"Although Hong Kong has a lot of manufacturing industries."

"But I must say that all raw materials are imported."

"Hong Kong is in fact unable to be self-sufficient."

"Our role has always been to serve as a window for exchange between the East and the West."

"We are a free port."

He paused, then looked at Yue Huizhen and said,
"Hong Kong's rise was due to its hometown. When the hometown suffered a disaster, countless people came here to settle down and escape, thus acquiring a large amount of capital."

"And whenever there is turmoil in my hometown, Hong Kong's economy is also in turmoil."

"Only when the political situation in our hometown is stable can our window service function be fully realized."

"It is clear that the political situation in my hometown has stabilized recently."

"As a result, our economy also began to take off."

"Our hometown is where our roots are."

"For so many years, the Westerners have ruled, and it has always been about plunder."

"If they had spent even a little more time governing, Hong Kong wouldn't be in this terrible state now."

"However, good news has arrived."

"Hong Kong's golden age before the return of foreigners is coming."

Everyone was stunned.

Mr. Le quickly asked:
"for example?"

Wang Dao smiled and said:

"For example, real estate."

"In the first ten years, Hong Kong's real estate prices began to double."

"In the last two years of the 1980s, the real estate market has skyrocketed."

"This upward trend hasn't stopped yet, and it can continue to rise for another year or two."

Mr. Le was shocked:
Will property prices decline?

Wang Dao nodded slightly.

"Yes."

"Don't worry, father-in-law, this is just a technical adjustment."

“Once the market has absorbed the previously accumulated inventory, room rates will surge again, but that will be in the next decade.”

"If no one intervenes, Hong Kong's housing prices will rise to an astronomical level that ordinary people would never dare to dream of."

Le Huihui asked curiously:

How tall is it?

"For example," Wang Dao thought for a moment and said, "if your monthly firewood and water bill is 20,000 Hong Kong dollars..."

Le Huihui covered her mouth and said:

"I can earn that much?"

Wang Dao sighed, "Don't worry, you will definitely earn that much. After the real estate market skyrockets, the increase in labor costs will definitely exceed your imagination."

"Don't even mention you, the firewood and water for a typical restaurant waiter can reach 20,000."

"Back then, you'd have to work for twenty years without eating or drinking to earn enough for a house!"

Le Huihui hadn't reacted yet: "Are you alright?"

Snapped!
Mr. Le gently tapped her:
"How much Hong Kong dollars does a house cost?"

Le Huihui calculated carefully, her expression changed drastically, and she said incredulously:
"This doesn't require forty million Hong Kong dollars?"

"Why is it so expensive?"

Wang Dao explained:
"Land is scarce and the population is large, coupled with unscrupulous businesses hoarding land to build houses."

Le Huihui hugged him and said:

"Brother-in-law, I don't understand."

Wang Dao casually remarked:
"For example, last year Jardine Matheson acquired a plot of land and only paid a little over 100,000 yuan."

"But he didn't build it right away."

"What is he doing? Covering the ground!"

"Even if you build a house now and sell it, how much profit can you make?"

"I'm just waiting for its value to appreciate!"

“There are several advantages to doing this.”

"One is to preserve value, or in other words, to invest in advance."

“For example, this piece of land right here in our neighborhood, if we went back 20 or 30 years ago when it was auctioned off, would have only cost a few thousand dollars.”

“I started building a house a couple of days ago, and then turned around and made tens of thousands of times the profit.”

"What kind of investment can yield such high returns?"

The Le family was stunned. Le Huihui asked with clear eyes:
"Brother-in-law, is this kind of thing allowed by the government?"

"They bought the land, and they're just going to hoard it?"

Wang Dao smiled:
"Why not?"

"Generally speaking, once the land for construction is determined, there is no time limit for construction."

“Let’s take a step back. Even if there are such time constraints… in reality, they are very rare… and even if they are, they are easily circumvented.”

"As long as the construction process is started within the specified time limit, it's fine."

"For example, if you lay a foundation and then leave it for thirty or fifty years, what can the government say?"

Le Huihui stared in disbelief: "Huh?"

Wang Dao shrugged:

"There are many such cases."

“A law may look very rigorous, but in reality, there are many ways to plug loopholes.”

"Moreover, the foreign government doesn't care about these kinds of things."

"They will also be fueling the fire behind the scenes."

Le Huihui was dumbfounded again:

"why?"

Wang Dao reiterated:

"The foreigners came to plunder."

"The taxes you receive after delaying construction are completely different from what you received before."

"That's a huge sum of money!"

Le Huihui simply couldn't believe it: "It's really like this? How hateful!"

Wang Dao shrugged:

"Actually, there is another benefit to this move by real estate developers."

"That means that at the time, buying land and building houses might have cost us our own money."

"However, if you hold onto the land for ten or twenty years, when you take it out to build a house, you won't have to spend any of your own money."

Le Huihui's little face was full of confusion:
"How can this be?"

Wang Dao smiled:
"Is it impossible?"

"A piece of land that was worth 100,000 ten years ago is now worth 10 million."

“I mortgaged the land to get a loan of nine million from the bank.”

Do you think the bank will accept it?

Le Huihui said involuntarily:

"Yes!"

Wang Daoyi clapped his hands:

"I'll use these nine million to start building the house, and when the blueprints are ready, I'll do a pre-sale..."

"Is it possible?!"

Le Huihui was so frightened that she took a step back.

May I?
of course can!

Isn't this exactly what the recently popular pre-sale apartments are like?

Wang Dao stretched out his hand:

"Well, I used bank money to build the building, but by the time it was actually completed, the money had already been recouped."

"By flipping it between my left and right hands, look how much I've made!"

"We've won so many times we're practically smitten!"

Le Huihui angrily said:

"They say all merchants are unscrupulous, how hateful."

"How could the local residents allow them to do this?"

"Didn't anyone protest?"

"No, I have to go to the school and talk to them."

Wang Dao laughed heartily:
“Our Huihui is quite the activist, but you wouldn’t be good at this kind of thing.”

"Impossible!" Le Huihui retorted indignantly. "Those unscrupulous merchants have plundered the citizens' hard-earned money. We must protest! There will definitely be a huge crowd!"

Wang Dao sighed:

"You haven't studied economics well, have you?"

"The essence of a house is to be lived in; houses are not meant to be built for speculation."

"But if you live in a house for a long time, it naturally becomes a property for speculation."

"The house then becomes an asset."

"Think about it, what would happen if all real estate developers bought land and immediately started building, resulting in a flood of new houses on the market?"

Le Huihui casually said:

"With more choices available to the neighborhood, most people are now able to find housing."

Wang Dao smiled and shook his head:

"You're wrong. It's existing houses. Except for those in great locations, the value of other houses will decrease."

"A house is even the most important asset for some people."

"Your assets are about to shrink by half, are you willing to accept that?"

Le Huihui said in astonishment:

"I don't want to!"

Kingly Way Claps:
"Yeah!"

"Why should the price of the house I worked so hard to buy be halved just because of you?"

"If you were in my shoes, you wouldn't want to either!"

Le Huihui was completely numb.
"How could this be?"