Reaching the age of thirty, my income randomly doubled

Song Yanxi went to Water Cloud Space headquarters to pick a team for a business trip to Magic City, the store location Tong Zelan found was truly spot on.

The rent was beyond imagination, in The Bund area, a golden storefront space over a thousand square meters, one year\'s rent is 16 million.

In Pudong it\'s a bit cheaper, 12 million.

This is Magic City, where everything is more expensive than in Capital City, and the cost of living is substantially higher.

After visiting for three days, Song Yanxi decided to invest one billion to secure these two storefronts and begin renovations.

The renovation now is estimated to open in December.

The money invested in the renovation of a single store is almost more than 30 million.

The wealthy here have seen it all; without truly spending big money, you will definitely not satisfy them.

The flagship store must look the part of a flagship store.

With Water Cloud Space expanding to Magic City, she will certainly be busier over there.

For the initial investment, she wouldn\'t ask Tong Zelan and the others to contribute.

Only after all the arrangements here are in place will they calculate the total investment.

As it stands, Water Cloud Space plans to open thirty stores in Magic City, not including the headquarters.

Frightfully, it seems they might have to invest around ten billion.

The soaring housing prices, along with shop rental rates and transfer fees, are skyrocketing.

Luckily, their family invested heavily in commercial real estate on the Capital City side.

No matter how much it increases, it won\'t affect them.

Song Yanxi came back and told him about the high cost of living in Magic City, and even higher housing prices.

In the central area, there are quite a few houses that sell for over two hundred thousand per square meter.

Tomson Riviera has even sold for three hundred thousand per square meter.

It\'s quite astonishing.

Although her family is already particularly wealthy, she still finds it excessive.

She couldn\'t help but want to invest in more real estate, but Chen Pingsheng told her to give up the idea right away.

The housing prices in the top-tier cities have far exceeded the range of affordability for the average person.

Even if you stockpile a lot now, it will be a big problem figuring out who to sell to in the future.

Who among the wealthy lacks houses?

Like their family, they only visited Tianjin once and bought a top villa there.

In Magic City, they didn\'t visit many times either, but they still spent thirty million for a place near The Bund.

Capital City not to mention, aside from their own Siheyuan for living in.

They also have more than a dozen houses on the outside, never lived in once.

From this, it can be seen that the wealthy are far from lacking in houses.

The real lack of housing is among those who desperately need it but cannot afford it.

Stimulating the rise in housing prices under such circumstances is like grinding ordinary people into the ground.

He is already preparing to sell off those houses in Capital City that are not in use.

Song Yanxi felt it made sense.

The high rent in Magic City indicates that her husband\'s long-standing insistence on investing in commercial real estate is clearly the right direction.

It is better to use the few billion in hand to buy Water Cloud Space storefronts.

As for Chen Pingsheng, don\'t be fooled by the more than five billion he seems to have on hand.

It\'s actually just enough for investing in two Tenghui Department Stores.

Tenghui Department Store located within the second ring road requires an investment between three and 3.5 billion.

Outside the second ring road it only needs about 2.5 billion.

The price of housing has dropped a lot, so naturally, the price of commercial real estate has also significantly decreased.

Henceforth.

He will own six incredibly large Tenghui Department Store mega-stores in Capital City.

The total investment is around twenty billion, getting closer and closer to his goal for the year.

The successful IPO of Bobo Milk Tea indeed brought him an extremely generous return.

Just wait to open two more, then he can consider expanding Tenghui Department Store to Magic City.

The strategy remains the same, buy all the storefronts outright.

In the future, he will pay rent to himself.

His goal is clear, to complete in three years the idea of opening thirty-two stores in the four super first-tier cities.

Total investment is expected to exceed one hundred billion.

As long as Tenghui Department Stores exist, and all the storefronts belong to him.

What does it matter if there is a storm?

His family will still be able to hold on.

As for the investments of Water Cloud Space, it will still be his wife\'s responsibility, he doesn\'t need to worry about it.

This year, the couple is making great strides not just in business, but also in the advancement of commercial real estate.

...

At the end of July.

The Executive Class welcomed its final three days.

The course started last August, with a one-year term.

Reaching the end of July this year completes exactly one year.

All the twenty-odd classmates from the class are present.

Even the previously arrogant Wang Yanfeng, who with great effort founded Male Cat Live Streaming,

After being crushed by Penguin with a single blow, he seems to have vanished from the internet.

Experience more tales on M V L

Gone are his high profile and pride, though he only kept a low profile for a month or two.

Old Wang bore it all for him.

He took on all the debts willingly; if he hadn\'t, how could he continue to attend the Executive Class?

He would have been sued already.

A year has passed.

Chen Ping felt he had made significant progress, yet he also recognized he had even more deficiencies.

It could be said he truly broadened his horizons, mainly in terms of knowledge.

However, during the last three days, when the old professor asked for a class representative to speak, everyone unanimously chose him.

This was a bit unexpected.

In truth, it wasn\'t that surprising; after all, a year is not too long, yet not too short either.

Tong Zelan, who used to be a China region partner at an international investment bank and now has founded her own Honglan Capital,

The first successful project was Bobo Milk Tea.

In eight months, she nurtured it from nothing to an IPO listing.

If you say her network is strong, no one doubts that.

But to say that the success of the project was solely due to her, everyone knows that\'s not the case.

Ever since the news spread from the class that Chen Pingsheng was going to do Bobo Milk Tea, even Wang Yanfeng laughed that he only belonged at the kids\' table.