The price of residential land in Lin'an has indeed collapsed. In fact, since two years ago, the Lin'an market has been in a state of price and no market. Houses with more than three acres are priced at sky-high prices, but there are no transactions, mainly because no one has taken over.
The price per acre is often more than 30,000 guan, and a three-acre house costs 100,000 guan. Only big businessmen and powerful people can take over it. However, the big business class was killed by the court in a way of killing the goose that lays eggs, and the powerful class itself owns a large number of houses.
They have no need.
Stores that were originally very popular were still hard to find ten years ago, and the price per mu was over 10,000 yuan. Now, the supply far exceeds demand. There is even only supply but no demand. There are transfer shops everywhere on the streets of Lin'an.
Although houses and shops are being sold everywhere, the prices have not come down. Transactions and prices seem to be frozen. Everyone has a tacit understanding that no one wants to sell at a loss.
What really caused the collapse of Lin'an's real estate was the imperial court itself. The imperial court forced the issuance of Huizi, but found that most of the businessmen on the list had ran away. People and money were gone, and only the houses and shops that could not escape were left.
Confiscated by the government,
But what the imperial court needed was money, not houses. In the past, it had used internal low-price sales to dispose of houses and shops. Now, no one was willing to take over the internal low-price sales, so the imperial court sold these hundreds of properties and shops.
Thousands of shops were put on the market at extremely low prices, which instantly detonated Lin'an's real estate market, forming a snowball effect. Everyone lowered their prices one after another and sold at a loss. Each one lowered the price more severely. Lin'an's real estate market, which had been in a stalemate for two years, collapsed.
.
The price of ten thousand yuan per mu has become the price of thousands of yuan per mu. The wealth of countless people has shrunk tenfold overnight, triggering strong social unrest. House prices have plummeted and prices have soared. People have been hoarding supplies and rushing to buy food. Fifty cents per meter has become five hundred cents per meter.
, the price increased tenfold, and there was a sudden rumbling in Lin'an City, people were panicked, and a large number of people began to leave Lin'an City.
In the study, Qin Hui threw the "Beijing News" to the ground. The front page of the "Beijing News" published the news of the development of Han Chang'an City. Qin Hui didn't care. What annoyed him was the third and fourth pages. They were all densely packed.
They are all information about the transfer of houses and shops at low prices. This has been going on for four consecutive days. Every day there are huge amounts of real estate transfers. The amount is suffocating and despairing.
It seems to be normal real estate information in newspapers, but at this critical moment, most newspapers will take the overall situation into consideration and try not to publish news that worsens the market. However, the "Beijing News" went even further and changed one page of business information into two pages. It is simply
They are blowing the horn and telling every reader that Lin'an Real Estate has collapsed. This is clearly adding fuel to the flames with malicious intent.
Wang Zhenbang's ten-acre house next to Fengle House was originally priced at 50,000 guan per mu, and the total price exceeded 500,000 guan. However, it was sold by the government for 5,000 guan per mu, but no one was willing to take it over. This matter was reported by "
The Beijing News reported it as a front-page headline, triggering a plummeting trend in Lin'an housing prices.
Of course, Qin Hui had no doubt about the sinister intentions of the Beijing News. At this turbulent moment, Chen Qing's instructions to it must have added insult to injury.
But what Qin Hui is thinking about now is not to solve the market's problems, but to solve his own problems. How can he keep his position despite shouldering huge responsibilities?
It was indeed his decision to sell off assets, but he was also under tremendous pressure from the officials to pay salaries to the army. The 30,000 troops stationed in Wenzhou had a large number of deserters because of arrears of salaries, which pushed the officials into a hurry and forced them to
He immediately sold his real estate and stores, which led to the serious consequences today.
In the final analysis, the imperial court ran out of money. The wine tax was almost cut off due to the sharp decrease in wine sales. The salt tax was slightly better, but it could not be collected for the time being. The reason was that when private salt was rampant, many families took the opportunity to hoard salt in large quantities. Although private salt was
Salt has been suppressed, but official salt must be sold normally, at least until the Chinese New Year.
The imperial court and the government cannot collect rent from a large number of properties. The only expectation now is land tax, household tax and inter-frame tax, but... this will also end at the end of the year, and the water far away will not quench the thirst of the near.
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Under the pressure of various crises, Qin Hui's head was as big as a bucket and he didn't know what to do?
At this time, his wife Wang walked into the study. She saw her husband's anxiety and suggested: "Master, the price of rice outside has risen to 500 yuan per bucket. Can't the court put some rice out to stabilize the price of grain?"
Qin Hui sighed and said: "The price of rice is not a problem. Rice is produced in the south of the Yangtze River. The imperial court has transferred rice from various places to Lin'an. It will drop in two days. The key is that the real estate has collapsed. I can't explain it to the emperor. It is very likely that I will
He will be dismissed."
"Did the master do this?"
Qin Hui shook his head, "The specific sale of houses and shops was controlled by Wan Qixi, but it was my decision, but it was actually decided by the officials, who forced me to sell my houses and shops."
"That's enough! Since the official is the decision-maker, he will definitely think that there is no problem with selling, but the actual implementation person did not operate it well. What does that have to do with the master?"
One sentence reminded the person in the dream that there are decision-makers and executors in this matter. The officials are the decision-makers, so it is definitely not a matter of decision-making, but the responsibility of the executors. The person who takes responsibility should be Wanqixicai.
right!
Qin Hui suddenly breathed a long sigh of relief and said with a smile: "Thanks to Madam's timely reminder, there should be no problem with my husband's phase."
"But are house prices really unable to recover?" Ms. Wang was very worried. She herself also suffered huge losses. She had a house with three and a half acres, which was originally worth 100,000 yuan. Now the price of a house like hers is only
Eight thousand times, it plummeted more than nine times, and she was bleeding from the cut.
Qin Hui shook his head, "There are no more people to buy houses. How can we recover? Originally, merchants could still buy, but now that there are no more merchants, who will take over?"
"Hey! Why do you treat the merchants like that? You drove them away. Now it's fine. The bad consequences have appeared!"
Qin Hui smiled bitterly and said: "The root cause is not that we ministers, but that our territory is too small. The land is occupied by the powerful, and we cannot collect land tax. The salt tax was also severely damaged because the powerful sold private salt. Most of our financial resources are gone.
However, the official family still has to support an army of 150,000 people. The monthly military salary and other expenses cost 500,000 guan, and 6 million guan a year. How can the court have so much money? It can only rob the wealth of businessmen and kill the goose to get the eggs.
That ultimately led to the current consequences.”
"What should we do now?" Wang asked worriedly.
"How much money do we have in our house now?"
"There are about one hundred thousand taels of copper coins, thirteen thousand taels of silver, two thousand taels of gold, five thousand pieces of fine silk and satin, and then there are jewelry."
Qin Hui nodded, "Don't keep this wealth in the house. I will immediately deposit the gold and silver anonymously to the No. 1 Sichuan-Shaanxi Cabinet in Yangzhou."
Wang was shocked, "Isn't it dangerous to have the first counter shop in Sichuan and Shaanxi?"
Qin Hui said calmly: "Then you are wrong. The most dangerous place now is Baoji Cabinet Shop. The No. 1 cabinet shop in Sichuan and Shaanxi is the safest place."