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SIAS Chapter 296.1

Encouraging The Purchase Of A House (1)

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When that time comes, the four of them, all rich women, will collect rent together, play cards together, and stroll the streets together. How carefree their lives will be!

The girls are so lucky to have met her; she can help them all get rich!

If they hear this and become rich, they’ll be incredibly grateful to her when they’re old. And if they ever want to eat anything Yi Qingqing makes, it’ll just be a matter of saying a word.

Wow, just thinking about it makes her feel incredibly happy!

“In short, if you have spare money, you should definitely buy more properties. I’m planning to do that myself. If you don’t know where to buy, just come to me. The housing purchase policy has just been relaxed, so they’re cheap. It’s a good deal to buy now!”

Li Mengxue emphasized it again!

“How can money dwindle if you just hold onto it? As long as you resist spending it, it’ll be fine, right?”

Qian Lailai’s vision was ultimately limited to this era. She didn’t see the point in buying so many houses. She just wanted to have her own small room, just like she did when she was a sent-down youth.

“Let me put it this way. Do you think it costs more to buy a bowl of braised pork in Beijing or in Tieling County? Which cost more when we ordered braised pork the first time we went to Tieling County, or when we ordered it last winter?”

“It’s definitely more expensive in Beijing. And it’s more expensive three years later than it was three years ago. If you keep holding onto your money, you might have been able to buy a bowl of meat three years ago, but that might not be the case now. This is because times are changing, people’s lives are getting better and better, and they have more and more money. The more prosperous a place is, the faster prices rise, and the less purchasing power your money has. Isn’t that equivalent to having less money?”

“So we need to find a way to convert our money into goods, making their prices rise along with it. The faster the price rises, the more money we can make out of thin air. That’s called investing. Buying a house is, in my opinion, the simplest and most potentially profitable investment!”

“I studied finance, specializing in how money makes money work for you. Trust me, you won’t go wrong!”

Li Mengxue’s words flowed more and more smoothly, her reasoning flowing seamlessly. She even admired herself after she finished speaking.

Beijing University really does hone people!

It actually honed her from a mediocre student into a talent. She wouldn’t have been able to explain such profound principles before.

Her example was excellent; Qian Lailai understood it immediately. Wang Lingling also began to ponder it.

“Mengxue, that seems to make sense. But why is housing the most profitable? Shouldn’t the scarcer something be, the more profitable it is?”

Qian Lailai’s enthusiasm for making money was genuine, and she believed in Li Mengxue’s earning ability. Otherwise, how could Li Mengxue have earned enough to buy herself a house?

Even if it was because Mengxue had connections and was willing to take risks, she definitely had the insight and ability in this area!

Moreover, after entering university, Qian Lailai realized that although accounting was a good major, it was essentially about counting money for others. Although she loved money and enjoyed counting it, she loved making money even more. Studying finance, which allowed money to generate more money, was what she truly wanted. Unfortunately, she didn’t understand this before.

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If she couldn’t study finance, learning how to make money from her finance-study friends was still an option.

“Mengxue, tell us quickly!”

“Ahem!” Li Mengxue coughed lightly.

The eager looks from her friends satisfied her vanity. She felt that her studies over the past six months had not been in vain, as she could at least tell her friends how to make money.

“I’m asking you, do you have your own room to live in at home? How many families have each member with their own bedroom?”

“Not only are there few, but in the city, such families are extremely rare.”

“Everyone does have a house to live in, and there are very few homeless people, but every family’s house is not enough to live in, and they are all living in cramped conditions.”

 

 

 

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