Outsider: The Fifth Young Master of the Kang Family

Chapter 79 Young Owner (Updated)
July 6th, Saturday.

Kang Qirui and Zhu Wanling found Hefu Real Estate Company early in the morning according to the address in the newspaper. As soon as they entered the door, a female agent in uniform came forward and greeted them: "Welcome, both of you, please come this way and take a seat." She led Kang Qirui and Zhu Wanling to the discussion room and sat them down. After pouring tea, she introduced herself: "My last name is Su, and I'm the sales manager here. What are your names?"

The real estate agency, the per capita manager is indeed well-deserved. Kang Qirui did not think that the manager Su in front of him was the boss here, but it didn't matter, as long as he could get the job done. He said politely: "My last name is Kang, and this is my wife."

"Mr. Kang, Mrs. Kang." Manager Su greeted them first, then said, "Do you have any houses you like? If you don't have any, you can also tell us what you want, and we can help recommend one."

Kang Qirui took out yesterday's newspaper, pointed at the four circled targets and said, "We want all four of these. I want to ask if they are still available? Can we see the houses today?"

Manager Su was shocked when she heard this, and then she was overjoyed. This was a big customer. She asked uncertainly, "Kang Sheng, do you mean you want all four sets?"

Kang Qirui nodded, and Manager Su was immediately overjoyed. "Wait a moment, both of you. I'll go check." After saying that, he hurried out, and came back soon and said, "Mr. Kang, Mrs. Kang, I just asked our colleagues, we have the keys to the three houses, so we can go directly to see them. We don't have the key to the shop you two are interested in, but we have already notified the owner. Do you think this will work? Let's go see the three houses first, and then the shop?"

Kang Qirui said he had no objection and that everything was fine. Manager Su quickly arranged everything and applied for a special car to take Kang Qirui and Zhu Wanling to Jinyan Garden first. After Manager Su opened the door with the key, he began to introduce them.

"You two should have seen it when you came in just now. The supporting facilities here include a children's park, a community park pavilion, etc. It is quite complete. In addition, the green area accounts for 35%, and there are security guards on duty 24 hours a day. Our apartment has two bedrooms, a living room, a kitchen and a bathroom. It was delivered last year. The owner's decoration is relatively simple. You two can take a look."

"Oh, by the way, I heard that the northern branch of Metro Line 3 will pass through here, and there is a bus stop at the door, so transportation is very convenient."

After hearing Manager Su's introduction, Kang Qirui thought to himself: Yantang Station. But he said, "It's just a rumor. Who can guarantee that it will pass by, right?"

After a quick look, Kang Qirui asked Manager Su to go and see the next one. He didn't plan to move in, so he came to see the house mainly to see the layout and the neighborhood environment, so that he wouldn't have to buy a house without knowing what it would look like and how much it would be suitable to rent it out.

"This is Huakang Community. Look, there is a university over there, a hospital over there, and primary and secondary schools and kindergartens over here. Two large shopping malls are still under construction over there." When arriving at Huakang Community, Manager Su got out of the car and began to point at the surroundings and introduce them to Kang Qirui and Zhu Wanling.

"This is a two-bedroom, two-living room, one-kitchen, one-bathroom apartment, fully furnished. We are on the 4th floor, and the middle floors have good lighting."

Kang Qirui didn't comment, and motioned Manager Su to continue to look at the third set, Tianhui Pavilion, Tianhe East Road. This set was similar to the second one. After Kang Qirui looked at it for a few minutes, he heard Manager Su receive a call saying that the owner of the shop was already waiting at the shop, so Kang Qirui asked Manager Su to take them directly there.

"This is Mr. Li, the owner of this shop."

"These two are Mr. and Mrs. Kang. They just made an appointment to see the shop."

As soon as they met, Manager Su began to introduce the two parties. Kang Qirui heard that Manager Su spoke Mandarin, so he asked, "Mr. Li is not from Cantonese?"

Mr. Li smiled and said, "No. I'm from the Northeast. I used to run a supermarket here. I bought the supermarket and the shops directly. But right after I bought it, they started building all over the place. There are not many people in the suburbs to begin with, and the flow of people has become even worse. I was losing money every month, so I couldn't continue and closed the supermarket. I didn't want to do it anymore, so I thought about selling it."

Mr. Li is a very honest man. He said that the traffic was not good. Manager Su next to him was very anxious. She was afraid that Kang Qirui would not buy it after hearing it. However, Kang Qirui did not care about the traffic problem. He asked directly: "Can we talk about the price?"

Mr. Li was stunned, and said directly: "Hey, brother is still a straightforward person. Then I will be more straightforward, so that you Cantonese people are auspicious, right? Let's be auspicious, 118,000, how about it?"

Kang Qirui nodded, it was within the budget. He smiled at Manager Su and said, "Please help me with the formalities." Manager Su was immediately happy, and he welcomed the people into the car and returned to the office of Hefu Real Estate. He first took care of the business of the shop, which took more than half an hour to complete. The two parties signed the intention contract, and Kang Qirui paid the money. The shop officially belonged to Kang Qirui.

After Manager Su sent Mr. Li away, he returned to the meeting room and said to Kang Qirui, "Mr. Kang, it will take some time to get the three certificates. Don't worry, it's all clearly written in our contract. When it's done, I'll send it to your home."

"Okay, it's okay. When the documents are ready, just notify me to pick them up." Kang Qirui said.

Manager Su asked again, "Are you two satisfied with the three houses?" Kang Qirui looked at Zhu Wanling, who shook her head. She had agreed yesterday. She didn't live there herself, so there was nothing to be satisfied or dissatisfied with. Kang Qirui said to Manager Su, "It's the same as what I told you before. We want all three houses. But we won't pay the full amount for them. We'll take out a loan and pay the down payment." There was no purchase restriction policy at that time.

"No problem. Do you two have housing provident funds?" Manager Su asked. Nowadays, real estate agencies provide one-stop services and directly handle loans.

Guangzhou was the first city in China to launch second-hand housing mortgage business. In 99, it promulgated the implementation measures for housing provident fund individual housing mortgage loans and took the lead in implementing housing reform. At this time, housing reform has been commercialized, and buying and selling commercial housing and mortgage loans have become topics of discussion in every household in Guangzhou. Manager Su is already familiar with these. In the past year or so, all the residential transactions she has handled have been through loans.

"I work at a university and my wife works at a hospital. We both have housing certificates." Kang Qirui was fully prepared and took out their housing certificate books.

"Okay, okay, please wait a moment, I'll check the paperwork."

It took until about five in the afternoon to complete all the formalities. This was mainly because after completing the sale and purchase formalities, Kang Qirui entrusted Hefu Real Estate to help him rent out the three houses and the shop, which took a long time to complete the entrustment formalities.

On the way back, Zhu Wanling said: "I didn't expect the monthly payment to be so low. I thought we would have to tighten our belts after buying these houses." The total price of the three houses was 80 yuan. After deducting their housing currency, they used a provident fund loan and paid a down payment of 1430 yuan. The monthly payment was only yuan, which was enough to cover with Zhu Wanling's salary alone.

Kang Qirui smiled and said, "That's why houses are cheap now. When we have money, we will continue to buy houses. Haha." They suffered a heavy loss today. The 330,000 yuan they got from the B-share investment was all spent, and most of the dividends from the clothing store were also spent. Now their entire fortune only has a few tens of thousands of yuan in A-shares.

When the two returned to the Kang family, they saw the second sister-in-law and the eldest brother talking in a low voice, and the others also looked gossipy. The second sister-in-law saw Kang Qirui and Zhu Wanling coming back, so she stopped them and said, "Uncle Yao is the most knowledgeable. If there is a problem, don't you think you should see a doctor? Mental illness is very common now, right?"

Kang Qirui was confused and asked in confusion: "Second sister-in-law, what are you talking about?"

Zhu Wanling also asked with concern: "Who has a mental illness? This is indeed very common nowadays. Second sister-in-law is right. It is better to see a doctor in an emergency."

Da Lao Guang said helplessly: "You guys just listened to Ah Chan's nonsense. She took Xiaowanzi out to play today, and when she came back, she insisted that she was sick and abnormal. There is no solution."

"That silly girl pointed at those buildings today and said that they were my properties, and they were also my properties. When she saw the advertisements on the billboards, she said that they were her five-star homes. And those high-end villa areas, she also said they were her properties. She pointed to so many places. Isn't she crazy?" The second sister-in-law vividly described the scene of her taking Chibi Maruko-chan out to play today.

"In fact, Chibi Maruko-chan is really a wealthy woman. She is one of those young property owners mentioned in the newspaper. Her father said that the property will be given to his daughter sooner or later, so it would be better to buy the property in her name now so that he won't have to pay any inheritance tax in the future." Big Brother Guang explained.

"Is this possible?" The second sister-in-law seemed to be thinking about something.

Kang Qirui thought about it and said to his second sister-in-law, "Actually, you can also buy a house in Tianxiu's name."

The second sister-in-law was still in a daze and didn't respond, but the second brother said: "We live well here, why do we need to buy a house?"

"House prices are cheap now, and they will definitely increase significantly in the future. Buy a house as an investment." Kang Qirui continued to persuade.

The second brother was not interested in buying a house, but he was interested in investing. He quickly asked, "Can it really increase in value?"

Kang Qirui nodded and used his own example directly: "We are going to buy a house today." This is more effective than anything else. Kang Qirui bought it himself, isn't it more reliable than those stock market experts recommending a bunch of stocks that they haven't bought a single share?
For various reasons, the housing prices in Guangzhou in 2001 were actually at their bottom. It was not until 2002 that the full implementation of housing currency allocation and the entry of "housing reform houses" into the market stimulated the residential consumption market, and housing prices began to soar, maintaining a monthly increase of more than 10% for four or five consecutive years.

Thank you for your company



(End of this chapter)