Back To The 80s: President's Doted Wife

Chapter 1168: Chapter 1169: Playing the Rare Goods Game

Cheng Su’s attitude was very firm, so firm it seemed she had decided long ago, without a hint of hesitation, let alone any wavering.

This made Cheng Yaozong feel puzzled and strange, wondering if this little girl’s temperament was a bit stubborn, why couldn’t she understand people’s words!

Ning Ge also had the same doubt.

”Actually, shouldn’t you consider President Cheng’s suggestion? This way, the funds would return faster, and we can pay back the bank sooner.” Ning Ge suggested quietly.

Cheng Yaozong looked at them in astonishment.

Cheng Su gave a sheepish smile, ”The money we used to buy the land is borrowed from the bank.” She then reminded Ning Ge, ”You forgot, our loan is to be paid off in thirty years.”

This hundreds of thousands, in the coming 21st century, won’t amount to much. Money becomes less valuable as time progresses, paying monthly becomes easier as time goes on, what’s there to fear?

”Second Brother Cheng, I know, the plots you’re talking about do indeed offer quick capital recovery, I agree, but they are all too small, and Guangcheng is going to develop slowly.” Cheng Su took a pen from the holder on the table, tore off a sheet of paper, and drew a small dot, saying, ”This small dot is the central location. Here, construction and development have already begun, and once this area is saturated, it needs to expand outward.”

She then drew a circle outside the dot, one circle after another, until the paper was almost filled.

”This Guangcheng District, in another decade or two, will be fully saturated and outdated, so, if development is needed again, or to connect with other fields, will there be any space left?” Cheng Su pulled out another sheet of paper, drew a dot, a large circle, and then combined the two sheets together.

Cheng Yaozong watched, with a look of surprise.

”Assume this is the old district.” Cheng Su placed the pen at the junction of the two sheets and pointed to the other sheet, saying: ”This would be the new district, and this...” she pointed to the pen, ”is the central axis, so tell me, will this area be valuable in the future?”

Cheng Yaozong pinched his chin, a flash of contemplation crossed his eyes, and he thought for a moment and said, ”Your analysis has some truth to it. But in business, the most important thing is quick capital turnover, so that the cash flow can keep rolling, enabling the next investment. But if you tie all your money in this area, letting it stay dormant for over a decade or two, the profits that could have been generated over these years would have already recouped the principal. Besides, in business, cash flow is crucial, if your funds are tied up, it’s like shackling your hands and feet.”

Cheng Su gave a wry smile, ”I’ve actually thought about this problem too; it’s one of the drawbacks. Second Brother Cheng, the money I have on hand can only invest in a small piece of land. If it’s too tiny, buying it means at most making a quick buck when flipping it. But with the fast-paced era, people’s minds will also change quickly. Speaking frankly, at my current state, I’m just a small merchant, with something to spare but not enough to compare to big powers. Competing with truly financially robust business tycoons, I can’t win. Even if I have money, others will have more, so if buying this land, can I afford it, can I compete with the powerful? Hence, I can only choose one of the two options.”

”Are you playing the game of cornering the market?” Cheng Yaozong asked.

Cheng Su was taken aback; this description was quite apt, so she nodded and said, ”If you put it that way, I suppose so.”

”What if what you said doesn’t happen?” Cheng Yaozong said, ”Then, your two hundred thousand would be like sinking in water.”

”If it’s gold, it will shine one day, no depth of water can block its light. I have confidence in Guangcheng.” Cheng Su smiled and said, ”In fact, if you, Second Brother Cheng, have some funds left, investing in a few pieces here wouldn’t be a bad idea either.”