Chapter 608: 175: Shangguan Dehui, the extraordinary grandpa proposing for marriage!_2
So, upon arriving in the city, Ni Yang immediately went to a newsstand to buy a newspaper.
Having quickly scanned it, Ni Yang quietly breathed a sigh of relief.
There was no news on the paper about fatalities.
It seemed that her eldest brother had successfully evaded a looming disaster.
In her past life, after this incident, the entire news industry was in an uproar.
The headlines of all major news outlets were about the murder that had taken place in Bottomless Lane.
In her master’s home, one such piece of news was kept, which Ni Yang had glanced at unintentionally.
Because it was the last photo left by her brother before he passed away, her master and his wife neither dared to bring it out to look at, nor had the heart to throw it away.
Li Ronghua, standing next to Ni Yang, remarked, “Yangyang, I didn’t expect you to like reading the news.”
Ni Yang folded the newspaper and put it in her backpack, “I’m just killing time, there’s nothing else to do. By the way, Sister Ronghua, I need to go to the bank next, do you want to come?”
“Hmm.” Li Ronghua nodded, “Sure, I don’t have anything else to do either.”
The two of them went to the bank where Ni Yang withdrew one hundred thousand yuan.
At that time, if you were to withdraw more than ten thousand, you needed to make an appointment three days in advance. Ni Yang had made her appointment a few days earlier, so she got her cash quickly.
Li Ronghua watched as Ni Yang stuffed the cash into her canvas bag, astonished, “Yangyang, why are you withdrawing so much money?”
One hundred thousand yuan!
That’s a whole bag of it.
This was the first time Li Ronghua had ever seen so much money, and it felt surreal.
She was even a bit worried about Ni Yang carrying so much cash. What if she got mugged?
“To buy a house.” Ni Yang responded.
“Buy a house?” Li Ronghua asked perplexedly, “Why would you want to buy a house? Doesn’t your family already own one?”
“Investment.” Ni Yang slung her backpack over her shoulder, “Sister Ronghua, let me tell you, in the future, the real estate prices in Beijing will soar by ten, even a thousand times, especially for the houses in the city center! Not to mention the city center, even the prices for the houses in Yanjiao, which is next to Beijing, will be speculatively high in the coming years.”
Unlike now, where buying a house is like buying cabbage! No one even wants to buy one!
“Really?” Li Ronghua walked out with Ni Yang, “Yangyang, don’t get conned. Isn’t it enough to just own a house? What’s the point of buying so many?”
Li Ronghua had seen people hoarding cabbages for winter, but she had never seen anyone hoarding houses.
Ni Yang laughed, “It’s true. Sister Ronghua, when you get home, tell your parents to invest as much money as they can into real estate. Whoever is capable of buying in the city center should buy there. If that’s not feasible, buying in the suburbs is also a great bargain.”
Li Ronghua scratched her head, “This seems a little far-fetched?”
If she asked her parents to invest all of their savings into real estate, they would definitely refuse!
Ni Yang carried on, “Sister Ronghua, I’m quite serious. If your parents don’t want to buy, I suggest you save up and buy one yourself. The government policy is really good now. As long as you have a regular job, you can apply for an interest-free loan from the bank to buy a house.”
In early 1983, the government had a poverty alleviation policy that offered interest-free loans.
With all the bonuses and salary that Li Ronghua gets, she earns three hundred yuan a month, which is even more than the salary of a white-collar worker in later years. The price of a bare shell house in the city center of Beijing is more than 300 yuan per square meter. A two-bedroom apartment of 80 square meters would only cost a little over twenty thousand yuan.
With a loan, there wouldn’t be much financial stress for Li Ronghua at the moment.
But Li Ronghua shook her head after hearing Ni Yang’s words.
“What? Borrowing money to buy a house? Isn’t that asking for trouble? Plus, I don’t see the appeal of living in the city. It’s like living in a pigeon coop. If I had money, I’d build a big house in the countryside! That would be spacious and comfortable! I could raise chickens if I want to, or ducks if I prefer. City living is so restricting, even having a puppy makes the whole house stink!”
Ni Yang laughed, “Sister Ronghua, the way you’re thinking is wrong. The house you buy now will be your marital property. It’ll offer you some security, at least providing you with some bargaining power at your in-law’s place.”
The most important thing for a woman is to have some pre-marital property, and to be financially independent!
“Pre-marital property?” Li Ronghua asked, “What’s the difference between pre-marital and post-marital property?”
Although she recognized each individual word uttered by Ni Yang, she couldn’t understand the meaning when they were combined.