Becoming a Russian Oligarch After Rebirth
Chapter 945 - 873: Making Up for Regrets

Chapter 945: Chapter 873: Making Up for Regrets

Wang Ye stayed in Peng City for three days, and after he had handled Tencent Company’s affairs, he asked Little Brother Ma for a few cars.

He took a few followers and toured around Guangdong Province.

He went to look at the Oil Refinery Base, and also generally inspected those gas stations that had been built.

In those days, Guangdong Province, especially around Peng City and Yangcheng, was changing so fast it was no exaggeration to describe it as changing overnight.

The traffic density on the roads was far higher than in other regions!

Especially when compared to Wang Ye’s hometown, the difference was very clear.

In Wang Ye’s hometown area, the passageways and expressways still had relatively sparse traffic, and there was nothing like the traffic congestion that existed here.

But after coming to the area around Peng City and Yangcheng, and especially on the famous Guangshen Expressway, the traffic was packed bumper to bumper, and traffic jams were an occasional spectacle.

With so many vehicles, the gas stations’ business was booming—you could imagine just how popular they were!

The gas stations of Yukos were all located in relatively good areas, and they were very professional.

They featured uniform decor styles, large unified logos, and even each gas station was equipped with rare 24-hour convenience stores. Along with quality fuel and reasonable prices, they quickly made a name for themselves in Guangdong Province.

Many drivers knew that Yukos’ fuel quality was good and the prices affordable.

Therefore, Wang Ye saw that most of the Yukos gas stations had many cars lined up for fuel, and business was very good.

After finishing the inspection, Wang Ye could finally rest easy.

Many things were still developing according to the "memory" he had, without much change.

The things he might influence were probably only those people close to him.

And perhaps certain things and industries he could come into contact with and make decisions about...

...

After the inspection of the Oil Refinery Base and the gas stations, Wang Ye’s public business on this trip back to the country was completely finished, and he was about to set off to return to Moscow.

Before leaving Peng City, Wang Ye specially drove alone to tour the neighborhood where he used to live.

This residential area was located near the border in the Futian District.

In Wang Ye’s previous life when he lived here, it was already considered the city center and was very prosperous.

But in 2004, because it was near the border, the surroundings were still fairly desolate, with only this residential area standing alone next to the road, surrounded by dust and surrounded by big construction sites.

The gate of the neighborhood was adorned with a big red banner that read, "Only 28,000 down payment, take a two-bedroom home!"

If one were to be serious about it, this actually involved "false advertising." Although Peng City’s homes were cheap at the time, they weren’t that cheap...

In 2004, in places near the border, house prices should have been around four to five thousand per square meter, and even the smallest two-bedroom apartments would be around fifty to sixty square meters, roughly costing more than 200,000 for a unit.

A 28,000 down payment was only about a 10% down payment.

However, at that time, there were no purchase restrictions or mandatory down payment ratios.

Homes weren’t as sought after as they are now, and large funds hadn’t started speculating in the market yet.

In Peng City, wealthy people were still investing their money into real business, opening factories to expand production and engage in foreign trade, no one cared about houses...

So in order to sell the homes, real estate companies racked their brains, offering all sorts of deals like 10% down payment, full furniture and appliances included—if you were willing to spend the money to buy a house, everything was negotiable!

Actually, in China, up until before 2008, housing prices were relatively reasonable.

At that time, people didn’t consider houses to have investment value, and they really bought homes for housing purposes.

So even though the housing prices, compared to people’s incomes, weren’t considered high, it was still difficult to sell houses.

Take Peng City for example, the per capita income at that time should have reached over 2000 yuan.

Many residential prices were only around four to five thousand per square meter, which means many people could buy a square meter of a house with just two months’ salary.

This ratio of income to housing price, when considered globally, was very reasonable and even relatively low.

Fast forward a decade or two, and looking back at those housing prices, it’s simply unbelievably low...

It could only be said that people’s concepts were the decisive factor in driving up housing prices!

When people only valued the housing aspect of homes, prices could not soar.

But once the house gained so-called "financial attributes" and became an "investment," any price would seem normal!

...

Parking the car across the road from the sales office of the neighborhood, Wang Ye got out of the car, holding a small handbag containing a mobile phone and some documents.

This was the typical attire of a small boss at that time, but it felt somewhat awkward for Wang Ye.

He seldom went out alone, as he was used to be surrounded and escorted when he went out, not needing to carry anything himself...

Several sales personnel stood at the entrance of the sales office, and when they saw Wang Ye approaching, their eyes lit up.

One of the girls moved faster and dashed over, welcoming Wang Ye with a big smile on her face.

The remaining sales staff could only sigh as they stopped in their tracks; they were a beat too slow, and the girl had beaten them to it.

"Sir, are you looking to purchase a home? We’re having a big promotion in our complex, with very appealing prices. If you buy now, we offer a fully decorated unit with a full set of furniture and appliances. The down payment for a small two-bedroom is only 28,000! The average price isn’t high either..." the saleswoman explained non-stop like a machine gun.

As Wang Ye walked forward, he casually replied, "It’s too hot outside, introduce me to it inside."