Linlang's guess was good. The storefront is still selling well now. No, the storefront was sold out a month later. Fang Yinuo received a large amount of income and, like Linlang, had a fixed deposit with monthly dividends.
And the interest rate after one year is already a little lower than Linlang's original interest rate.
Calculated, one month's interest is a little less than the rent - this is why people are reluctant to sell for the time being, because they think it is not cost-effective to deposit in the bank and get interest, and ordinary people do not have other good investment channels, so they would rather Renting it out with the facade - but Linlang knew that next, the rent would not be that high. Slowly, it would be less than the interest. In addition, house prices would fall soon, and the money lost would not be less than the rent. That is He said that if the storefront is not for sale, the rent earned by renting it out will not be as much as the loss, so the rent is completely in vain.
Moreover, it is not troublesome to let the bank earn interest, but it is much more troublesome to rent out the storefront. No matter how you look at it, it is a good deal to sell it now.
But Fang Yinuo didn't know. After seeing the sale, he put the money in his hands and was a little worried that he had made the wrong sale and would be scolded if his parents found out.
It wasn't until three months later that he told Linlang with a complicated expression: "Not only did the rent of that store drop, but the house price also dropped. Fortunately, I sold it, otherwise I would have lost a year's rent."
Now it's better. Not only has the house price been preserved, but the interest deposited in the bank is also more than the rent. I've made money no matter what.
Linlang said: "As long as we didn't sell it wrong, by the way, you should ask your parents to sell the other storefront as soon as possible. Although bank interest rates have also fallen now, the house prices have fallen even more severely, and the storefront will become more and more expensive if you put it in your hands." The more you suffer."
It has just started to fall now. If you sell it, you can stop the loss. If you don't sell it, you will continue to lose money.
Fang Yinuo listened, nodded, and told his parents when he went back.
I don’t know how he persuaded his parents. Anyway, Fang Yinuo’s parents later sold the store and exchanged it for money.
But like most ordinary people, they don’t know what to do when they have money. In the past, they only knew how to buy real estate and invest, but they didn’t understand anything else. Now that they have money in their hands, they don’t know how to invest. In the end, I can only deposit it in the bank and earn interest.
They are conservative people and they don't dare to invest in random projects. As for stocks and funds, they don't even dare to do so, so they can only deposit money in the bank.
This is not bad, after all, not only housing prices are bad recently, but also the stock market and so on. They don't understand anything, and if they go in recklessly, they will lose all their money.
Like Fang Yinuo, they were also worried about whether they would make a loss if they sold it. After all, if the store's popularity increased in the future, they would lose money if they sold it.
Unexpectedly, the price of the storefront fell all the way after that, and they couldn't help but secretly rejoice, secretly saying that they were lucky to listen to their son and sell the storefront, otherwise they would have suffered a huge loss.
——Fang Yinuo didn’t tell his parents that it was Linlang who suggested this matter. He was afraid that if the storefront suffered a loss, his parents should not blame Linlang. In the end, the storefront really kept falling like this. Only then did he tell his parents that selling the storefront was the reason. He sold Linlang's idea earlier, it was more expensive than what they sold, and he lost less.
After hearing this, Fang Yinuo's parents couldn't help but fall in love with Linlang more and more. They felt that Linlang was a lucky star. After all, they wouldn't have sold it if Linlang hadn't reminded them.
Linlang saw that they agreed to sell, so she told them that she thought the price of the house would also fall, and asked them to sell all the houses.
If you don’t want to live in a big city and still want to live in this city, just wait until the bottom falls before you buy again.
But this time Fang Yinuo's parents didn't plan to sell.
"We have lived in this old house for a long time. We really don't want to move. Let it fall. Anyway, we have saved the money for the two facades, so that's fine."
Fang Yinuo also said that he did not want to move.
Seeing what they said, Linlang had no choice but to forget it. Even if this happened, the two houses together might lose millions in the future, but since they didn't want to move, she couldn't continue to persuade them.
Fortunately, the money for the facade was finally saved, so that was okay.
In addition, her money has been saved, and the loss is much smaller than in the original world. This is enough.
Furthermore, she repeatedly persuaded them to sell their house. They already had the expectation that the house would fall in value. They thought that if it did fall in the future, they would not feel too uncomfortable.
Unlike in the previous life, when housing prices continued to fall, they still suffered.
Based on how much Fang Yinuo and his parents care about the house they live in, it is estimated that the two facades will be uncomfortable. After all, even if the house they live in falls, they don't want to move.
Soon, after the facade fell, the housing also began to fall.
Sure enough, because Linlang suggested selling the house first, they did not feel too uncomfortable when the house price dropped. After all, they had already made plans. Their house was not for sale but for living, so let it fall.
Some people may say, what is so good about such a small city? Why not sell the houses here and buy houses in first-tier cities. At least the houses there are not easy to fall. Even if they fall, they can rise in the future. But in small cities , it falls when it falls, and it is simply impossible to rise back up.
The reason is also very simple. Fang Yinuo's parents both work in this city. When they get old, they will definitely stay in this city. After all, they are used to staying here and will not live in other cities.
As for Fang Yinuo, he had no job before, so it would be most convenient for him to live with his parents, so Fang Yinuo's parents did not buy him a house in a big city.
As for the extra money at that time, why not go to big cities to buy a house, but buy a storefront locally? The reason is also very simple. Some big cities have restricted home purchases early, while in provincial capitals that have restricted home purchases later, they feel that it is better to buy in their own city. There is not much difference, and if you buy a house in this city, it is convenient to rent it out. If you go to the provincial capital to buy a house, it is not convenient to rent it out, so you can just leave it there, which is not cost-effective.
At that time, housing prices in various places were rising. They felt that buying in this city would be the same and they could get an extra rent. Why not? So it's not wrong for them to buy a storefront in this city.
Now that my family has sold two storefronts and has some money, I can go to big cities to buy a house. After all, big cities have relaxed purchase restrictions and I can afford it. Plus, it is not cost-effective to have money in the bank.
But... houses in big cities are also falling now. Fang Yinuo's parents want to buy, but they don't dare to buy. They are afraid that it will be expensive and they will continue to lose money if they fall again. That will be bad.
Thinking that Linlang's vision of the house was quite accurate before, they asked Linlang for her opinion.
"You can buy it, but only in first-tier cities. Even in first-tier cities, there is no insurance." Linlang said.
Super first-tier cities, although they have fallen temporarily, they will slowly rise back up later. If you buy some properties at low prices, they will appreciate in value in the future.
