Three Kingdoms: My Wife Is Diao Chan

Chapter 49 School District Housing, Property Tax

Chapter 49 School District Housing, Property Tax

Cao Chong was well aware of Sima Fang's visit, but he just didn't take the initiative to speak out. Even though Sima Fang had already proposed, Cao Chong still pretended to be stupid.

"Master Sima's words are wrong. The Sima family is a big family. If there is something that cannot be solved, I still need the help of a junior."

Sima Fang shook his head, "Only the young master can help solve this matter. The old man wants a degree from a big man school, and I hope the young master will take a back door because we are poker friends."

Don't think, dream!
If I don't beat you hard, I will be sorry for my status as a time traveler.

"Master Sima, all your sons have already entered the officialdom, especially Sima Yi, who is now a literary scholar in the prime minister's mansion, how can he still want a degree?"

Cao Chong said strangely.

Sima Fang stroked his beard, explained the situation of his youngest son, and then proposed to give him a degree.

Cao Chong put on a look of embarrassment, rubbed his hands and said, "Oh, what a coincidence, the degree is gone. If Mr. Sima didn't win the medium number, he can only wait for next year to enroll the young master."

Sima is in a hurry. Next year, the youngest son will be one year older, so he will start a year slower than the other children. This is not acceptable!

Every child of my Sima family must be a dragon and a phoenix!

Must walk in front of other children.

"Young master, don't try to fool the old man. You have a school district house on Xuanwu Avenue. Everyone knows about it."

"I came to you today not to ask you to give me a degree for nothing, but to buy a house in the school district. I just hope that the price will be lower for the sake of my poker friends."

For a few million dollars, just buy a small partition, which cannot be lived in, and whoever buys it will feel heartbroken.

It's just that Cao Chong doesn't think so.

Ever since Lao Cao came to power, he has been trying to suppress the gentry, why?
Just because the gentry has grasped the ascending channel, it is difficult for the children of poor families to develop. In addition, the gentry has too many resources, which is also a danger.

The dispute between the party and the party during the reign of Emperor Huan of the Han Dynasty and Emperor Ling of the Han Dynasty is a living example, and Cao Cao's order to seek talents was also to break the monopoly of the gentry on the upper class.

Cao Chong deliberately made the school district room into a small partition, and the price was very high, which was also a way to suppress the gentry.

If the gentry's money is taken out, at least the gentry will be much more honest and easy to control.

The so-called school district housing was prepared by Cao Chong for the aristocratic family.

Therefore, there is no way to talk about the price reduction of the house.

But Cao Chong couldn't say it clearly, he could only think of a way to brainwash Sima Fang, and he wanted Sima Fang to pay more willingly.

"Master Sima, the price of houses in the school district cannot be lowered. It will not affect me after the reduction, but it will have a greater impact on you who buy houses."

Sima Fang frowned, not knowing what Cao Chong meant.

Cao Chong opened his mouth to explain, "Think about it, you already have a big house in Xudu, why do you want to buy a house in the school district?"

Sima Fang replied, "Of course it is to get a degree so that children can receive a good education."

Cao Chong nodded, the young master wants your words, "That's right, the value of the house in the school district is not the house itself, but the degree from Dahan School."

"Think about it, you bought a house for 300 million yuan, and six years later your son graduated, and you sold the house again, the lowest price would be 600 million yuan."

"You made 300 million yuan in the middle, that's great!"

Sima Fang's eyes lit up, and he felt that he had discovered a new continent, "Is there such a good thing? My son will graduate in six years, and the school district housing will be worthless."

Cao Chong shook his head, it seems that the young master is going to give you an investment class.

In the following time, Cao Chong told Sima Fang in detail about real estate investment.

What inflation, what preservation, what supply is less than demand, what value investment, all said a bunch.

In a word, buying a house in a school district will definitely not lose money, but make money.

"I see." After hearing this, Sima Fang woke up like a dream.

"It turns out that this house can still be traded second-hand. It turns out that the property can appreciate in value every year."

The fish finally took the bait, and Cao Chong felt happy, "It's not just these things, think about it, Dahan School will definitely be more famous than it is now in six years, and students from all over the country will come to study here."

"At that time, the supply of houses in the school district was in short supply, so the price was higher. So, buying a house now is to make money in the future. If the price is low and everyone can buy it, the money will be earned by most people."

"As a poker friend, I'm only telling you this. If it were someone else, I wouldn't bother to say it."

Sima Fang nodded continuously, "Yes, yes, the young master is right, this kind of business cannot be left to others, it must be in the hands of a few."

"Only in this way can we make more money!"

"Don't say anything, the old man immediately went back to prepare money, buy a few more houses in the school district, and then sell them to those in need."

Hey, this old man turned his head really fast, and immediately thought of a way to make money.

"Then the younger generation will not stay with Master Sima." Cao Chong personally saw off the guests, and Sima Fang sent them all the way to the door of the bank.

After Sima Fang left, Zhou Buyi, who was puzzled in his heart, asked, "Young master, I really can't figure it out. The purpose of buying and selling the school district house is for us to make money."

"If second-hand housing appears, what else can we earn?"

Cao Chong smiled lightly, "You don't understand that, the house price in the school district is so high, there will always be people who can't afford that much money to pay the bills, then the role of the bank will come into play."

"We give loans to those people. They pay [-]% of the down payment, and the bank pays the rest for them. When the time comes, they will repay the loan in monthly installments. The principal plus interest is enough for us to eat."

Zhou Buyi is a smart person, he can see through everything, but there is still a link in it, he has not figured it out, "Then what if the other party doesn't pay back the debt and runs away?"

"It's better to run away!" Cao Chong smiled more happily, "When we do a housing loan, we will mortgage the house. If he runs away, we will take back the house in the school district and sell it a second time."

"In this way, we can make another fortune."

"And if you think about it, the borrower used the bank's money to buy a house, and in the end the money went back to the bank. The bank didn't actually lose any cost, but the aristocratic family owed the bank money."

"If the aristocratic family does not repay the loan according to the regulations, the real estate will be confiscated directly, and the mortgaged property will also be confiscated. This is another fortune."

Zhou Buyi nodded, finally understood, and would draw inferences, "So, if some taxes are added to this, the imperial court can increase a lot of wealth."

"Haha, it really is a child prodigy. That's right. This is my next plan. After buying and selling second-hand houses, I must go to the bank to transfer the real estate certificate, which will involve real estate taxes."

Cao Chong laughed.

(End of this chapter)