Quick Transmigration: The Cannon Fodder's Comeback in the Era Tales

Chapter 383: Chapter 383: Not a Suitable Foster Mother 24

This sudden move, leaving the ancestral home, was something Aunt Zhang and Uncle Zhang couldn’t bear; they even lost their appetite. Their children tried to persuade them for a long time.

Yuan Chun also reminded Aunt Zhang, ”Aunt Zhang, nowadays more and more people from outside are coming to work in Beijing. With more people, there aren’t enough houses, and in the future, houses will only become more expensive. If you two have some spare money, you should buy a few old apartments. You might even come across a demolition project, and even if not, the property will appreciate in value, which is better than keeping the money in the bank.”

The eldest daughter-in-law of the Zhang Family looked at Yuan Chun with some surprise, ”Yuan Chun, is that true? Can other old neighborhoods also be up for demolition?”

”Not necessarily. It depends on city planning. Some old neighborhoods will be demolished, while others won’t. Even if you buy one that doesn’t get demolished, its value will still appreciate.”

Properties not demolished will be worth even more in a decade or so.

A single courtyard house could be worth a hundred million.

It’s worth more than an apartment building.

So, in the ’90s, buying any property in Beijing was profitable.

The Zhang family’s children also felt Yuan Chun’s words made sense. In recent years, more and more people from other places were coming to work in Beijing, and housing was in short supply.

It seemed they shouldn’t keep their money in the bank and should invest in real estate.

As a result, Yuan Chun’s reminder made the Zhang family’s children see the potential in real estate, using their spare money to buy several old houses.

Aunt Zhang got along well with Yuan Chun. Seeing Yuan Chun buy old neighborhoods, including courtyard houses, she and her husband decided against moving into their eldest son’s home, and while helping Yuan Chun move, they bought a two-entry courtyard in her new neighborhood.

During this era, Beijing was developing rapidly, with many new high-rise buildings being constructed. Some locals, tired of living in courtyard houses, would sell them to gather money for apartments.

Living in an apartment is quiet, clean, and has central heating.

Living in a courtyard house means going outside at night to use the restroom; it’s okay in summer, but in the dead of winter, it’s miserable.

And courtyards are cold in winter. If there’s a kang (heated bed) in the room, you can use it; if not, you have to tough it out in the cold.

So, many locals preferred convenience and sold their courtyards for apartments.

And this benefitted Yuan Chun.

Yuan Chun took the opportunity to buy five or six small, dilapidated courtyard houses.

Because they were run-down, they were cheap, and Yuan Chun bought them at rock-bottom prices.

Aunt Zhang, seeing Yuan Chun buying so many properties and thinking of her advice, gritted her teeth and bought another two-entry courtyard, which she rented to two families from out of town, earning two hundred yuan in rent every month.

After renting out all the properties, Yuan Chun connected another self-owned two-entry courtyard nearby by opening two doors in the side house’s outer wall, turning it into a shop and opening a grocery store.

Aunt Zhang chuckled, ”The location of your property is quite good, directly facing the square, ideal for a shop. When we run out of salt or oil at home, it’ll be convenient to buy from you without traveling far.”

Yuan Chun smiled and pointed to several unused rooms in the two-entry courtyard, ”I plan to turn these spare rooms into a recreation room. I have a few old tables and chairs; I just need to buy some chess sets, boards, and a few decks of cards. Later, if any of the uncles wants to play chess or cards, they can invite a few old friends to come to my recreation room and enjoy.”