Chapter 633 The reason for the high price
"The interest rate is so high?" Ying Zheng was surprised. "In thirty years, the interest rate will be more than the principal amount."
Not only Ying Zheng, but others were also shocked. They were shocked not only by the interest rate, but also by the house price. The house price somewhere cost two million taels. Even the palace probably didn't need that much money.
Qin An said helplessly: "What can we do? One and a half million, let's borrow it for thirty years, and interest will accrue every year. Fortunately, it's not that interest piles up, otherwise we won't be able to pay it back in our lifetime.
It seems like a lot of interest, but many people are willing to buy it. "
"Why are people rushing to buy it when they know it will cost so much interest?"
Qin An smiled and said, "It's very simple. In order to get married and to live in the city. Because wages in the city are high, you can earn a salary of 10,000 yuan a month.
But there are not so many other places.
Everyone wants to live a good life and find work in the city. The land that many people have cultivated for a lifetime is not as good as someone else working outside for a year.
Therefore, many people would rather buy a house in the city and take on debt than return to the countryside to farm. "
"If everyone doesn't plant the land and leaves, what will happen to the food?" Huang Shi asked.
"I know this." Ying Zheng said, "The state gives the land to the common people. If the people don't plant it, they can only give the land to other ethnic groups, or they can give it to other ethnic groups, and then collect a little rent every month.
Many people choose the second option. Although the money earned from farming is not much, it does not mean that money cannot be made.
If the annual income from one acre of land is one tael of silver, what if there are 10,000 acres? Does that mean an income of 10,000 taels a year? "
"Ten thousand acres of land can indeed bring so much income. If it were before, I would say that just harvesting ten thousand acres of land requires a lot of manpower. But it is different now, with Qin An's farm tools. Ten thousand acres only takes a few days. It’s just time.” Guiguzi said.
"That's right." Ying Zheng said, "Once we develop according to what Qin An said, the focus of future development will be commerce, and it will be in the city, while farming will be left to the businessmen and the state.
Of course, if people want to farm, the state will not stop them. Many people still feel that only by being self-sufficient can they truly feel at ease.
But young people want to make a living. When they make a living in major cities and the population continues to increase, business will only become more and more developed.
When business develops, other industries will be mobilized.
Qin An once said that it is easier to do things if you have money. Without money everything is difficult. I think this makes sense. "
Although it is realistic, I have to think that this is really reasonable.
Qin An nodded and said: "So, the development of real estate is unstoppable. A group of people speculating on houses are making a lot of money, but the country can't do anything about them.
Because one move affects the whole body, the real estate speculators drive up the house prices. They make money, the banks also make money, and the country earns a lot of tax revenue. Although the money in the hands of the people is less, all the Funds are flowing.
I once said that business will develop only when funds flow. If everyone hides money and does not spend it, it will not be of any benefit to business or the country. "
Huang Shi said thoughtfully: "So although housing prices are very high, some people can afford it, so the state will not interfere."
"Almost, but it won't be completely non-interfering. If it goes too far, the state will intervene. Generally speaking, those real estate speculators will not be stupid enough to speculate on the house to a sky-high price. Wouldn't it be impossible for anyone to buy it? get up.
Therefore, generally speaking, the price of a house is high, but it will not become high all of a sudden. Just like a house in a village, it might not cost even a tael of silver before.
Now the house price has risen to one tael of silver per square meter.
That one square meter is a square, and the top, bottom, left and right are exactly one meter. This belongs to the category of arithmetic, and all students in the academy know it. "
Everyone nodded and ignored the actual size of one square meter. They knew that this was Qin An's habit, and they were accustomed to using dimensions.
Express it in terms of feet and inches.
"You said one square meter costs one tael of silver, so wouldn't it cost hundreds of taels to buy a house?" Huang Shi visually inspected the size of the house and expressed his thoughts.
Qin An nodded and said, "The exact number is one hundred and twenty taels. There are a total of one thousand four hundred sets here, with a total value of one hundred and sixty-eight thousand taels."
You may think it's expensive, but I don't, and I think the price is already very cheap. "
"Qin An. Do you know that the most expensive house in Shili Baxiang only costs a few hundred taels of silver. But this house is more than twice as big as yours." Huang Shi said.
Qin An smiled bitterly and said, "Mr. Huang Shi, the reason you think it's expensive is that people from all over the country only earn so much a month's wages. I don't know the exact amount, but I'm sure it's not much, and some even don't pay.
But everyone who works in the village is paid, at least two taels of silver per month, or even more.
If you open your own shop, even if you open a shop selling stinky tofu, you can earn hundreds of taels of silver a month, or at least fifty or sixty taels of silver.
I sell a house for 120 taels of silver just to provide benefits to the people, and I make no money at all.
Otherwise, if I sell it for one thousand two hundred taels, everyone will rush to buy it. "
Huang Shi looked unbelieving.
Gan Mao said: "The wages in the village are indeed very high, especially for street sweepers. They get three taels of silver every month, and there are other benefits during the holidays.
Not only street sweepers, but also blacksmiths, textile factory workers, etc., their wages are very high.
If a house really only costs one hundred and twenty taels of silver, I believe everyone in the village can afford it, but no one can spend that much money at once to buy a house here.
Mr. Reason’s mortgage policy has not been released yet. "
Gan Mao had already inquired about this. He had not stayed in the village in vain these past few months.
Bai Siqi said: "This is not the point. The point is that everyone already has a house, and these houses are not needed for the time being.
More importantly, Mr. also canceled the grain tax, which really surprised me. "
"Have all grain taxes been cancelled?" Everyone was shocked.
Ying Zheng said: "You still made it this far."
Qin An shrugged and said, "First of all, these houses are not for sale now, but will be sold to new people who are about to start a family in a few years.
After you get married, you have to start a new family. I know you think you have to live together even if you get married, but I think it's better to separate.
The reason is very simple. If you want to give the juniors the opportunity to go out and explore, staying in the village will only make the juniors become caged birds. "
