Carrying a Jurassic on me -
Chapter 1438 - 696: The Uninhabited Land_2
Chapter 1438: Chapter 696: The Uninhabited Land_2
"Did you ask just now, if we’re really buying, how much would this piece of land cost?" After a few jokes among themselves, Yan Fei brought up the main issue.
"My friend isn’t sure, says he still needs to check with the higher-ups." Chen He furrowed his brows. "This land also has to be discussed with the school. Let my friend find out a rough price first!"
"That’s fine," Yan Fei was indifferent. "As long as it’s for sale, that’s all that matters."
"It will definitely sell," Chen He was very certain. "For most people, this is a great thing, surely many will be in favor."
Chen He’s friend worked in the land department, which at the time wasn’t considered a very good department. Compared to the Earthquake Bureau, Meteorological Bureau, Archive Management Bureau, and whatever geological survey departments, it wasn’t much better.
"Then I’ll also make a few calls and ask around," said Yan Fei, someone who acted on his thoughts immediately. He took out his phone, started searching for phone numbers, and called his ’seniors’.
Seeing this, Chen He also continued to pick up his phone and began calling one by one to inquire.
However, after their round of calls, they got absolutely no news.
The reason was rather laughable: no one could put a price on the land.
Why?
Because no one had ever thought about developing that land, not even asked about it. The real estate industry in Provincial City had just started. A few developers were local, and none were from outside. Everyone’s attention was focused on the areas around the city center. No one considered a piece of land where "birds don’t even poop."
Yan Fei and Chen He looked at each other, and Chen He began to lose confidence. He thought buying land and building houses would surely make money, but in this remote place, no one was even interested.
Since Yan Fei had the intention to buy, he wasn’t planning on giving up halfway. After searching for a long time on his phone, he did find an expert—Wang Lei, who had built a house for him before.
"Boss Wang, hello, hello!" After getting through, Yan Fei first introduced himself. "I’m Yan Fei, the one who previously commissioned you to build a house on the agricultural land behind the technology market, yes, yes, yes, the one who bought two large stone lions."
"I want to inquire about something, you know, the farmland behind my house. If I wanted to buy it, how much would you estimate it would be?"
It was quite noisy on Wang Lei’s side. After shouting "Wait" twice and stepping out, he pondered for a while before speaking in a low voice, "Boss Yan, are you thinking of entering the real estate industry?"
Yan Fei didn’t want to say he was thinking of it as a backyard garden, so he vaguely replied, "Not exactly going into real estate, just thinking of buying some land."
"Just buying land?" Wang Lei was puzzled for a while and thought Yan Fei didn’t want to disclose his plans. "That place is quite remote, the outlook isn’t too promising! If you really want to enter real estate, I wouldn’t recommend buying land there. It might not develop there for three to five years. If you buy land now and can’t sell the houses later, tying up capital for years is not worth it. There are plenty of better locations in Provincial City, you could pick any of them and it would be better than that one..."
Seeing Wang Lei talking more and more off topic, Yan Fei quickly interrupted him, "It’s like this, I’m considering that if they develop that land in the future, the area will become bustling and I won’t have peace. So, I’m thinking of staking a claim to it early, for some peace and quiet."
"Is that so?" Wang Lei was even more confused. Such a large piece of land, you’re buying it for peace and quiet? He always thought Yan Fei was a well-connected second generation. He hadn’t kept in touch for a long time and hadn’t inquired. Now, hearing Yan Fei’s words, he truly didn’t know what this gentleman was up to.
"Exactly!" Yan Fei saw he wasn’t speaking so he started explaining, "I just want to buy some land, just pretend I want to buy residential land, that’s it. But I don’t understand the market in Provincial City, I want to find out first. For land like that, how much would it probably cost to secure it?"
"Probably a few thousand per mu, I guess?" Wang Lei thought for a while and couldn’t come up with a definitive reason, so he simply stopped trying. "That place is really remote, a few thousand is probably the ceiling. If it were closer to the city center, it might not even sell for a hundred or two hundred thousand."
"Then that’s fine," said Yan Fei straightforwardly. "Thanks for the advice, Boss Wang. I won’t bother you any longer."
He hung up briskly, and soon after, he and the others were enjoying their food and drink contentedly. On the other end, Wang Lei became unsettled. He wondered what exactly Boss Yan intended.
As he couldn’t figure it out no matter how hard he thought, and after eating, he couldn’t resist and called Yan Fei again. Hearing that he was now in the Provincial City, Wang Lei immediately hurried over.
By the time Wang Lei arrived, there was already a young man at Yan Fei’s home, named Dong Qiushi, Chen He’s friend who worked at the land management department.
Dong Qiushi’s reason for coming was also because of Yan Fei talking about buying land.
The real estate industry in Provincial City was not at all impressive at the moment. Those local real estate businesses had no money. When buying land, most relied on their reputation—using whatever funds they had to make a deposit, and after securing the land, obtaining a mortgage loan.
But even bank loans were not easy to secure, tough to get. The future of the real estate industry was also unclear. Who knows whether you can sell the houses after building them on your bought land? What if you can’t sell them?
Moreover, there were no real estate brokerage companies yet. Most people would first get their hands on the land, then honestly gather funds to build houses. Before the houses were finished, they couldn’t really recoup any money.
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