Chapter 539: Chapter 203: On How to Subdue Su Zelin (Part 3)

Soon after, the tea was ready, and Su Zelin poured a cup for both Qin Daqing and Su Jianjun.

The two took a sip and nodded repeatedly.

They had to admit, this kid brewed the tea better than even they could. The timing was perfect, allowing the tea’s fragrance to fully unfold without becoming too strong.

After a few cups of tea, Su Jianjun spoke up, "Zelin, what do you think about our Jianglan riverfront new district development?"

"The new district?"

Su Zelin, who was about to start the second round of tea brewing, put down the kettle and asked, "Dad, are you planning to buy property in the new market?"

Su Jianjun nodded slightly, "Not just me, your Uncle Qin is considering it too. Since we have some savings now, instead of leaving it in the bank, why not see if there’s a good investment opportunity!"

Su Dad’s vision was quite forward-thinking. After all, he was smart. As a businessman, he traveled extensively, so he had a better investment perspective than the average citizen. Besides, in recent years, he even learned to go online, gaining more insights into domestic and international information and economic developments.

Currently, the places in Jianglan with large crowds are old districts. Real estate has just emerged, and people don’t have much concept and vision for appreciating property and shops. Moreover, the new district has a low footfall, and there are not many interested people.

In fact, in a previous life, Qin Dad did buy property in the new district, but not now, it was two years later.

Qin Daqing originally had this plan but never made up his mind. Coupled with his wife’s persuasion, he eventually gave up. After missing this opportunity, he regretted it every time he mentioned it later and scolded his wife for being short-sighted.

However, in this life, influenced by Su Zelin and his father, and having made a fortune with B-shares, his savings were much more than in the same timeline of the previous life. So his determination in this life was much stronger.

"Dad, your idea is excellent."

Su Zelin gave him a thumbs-up.

Some people desperately save money in the bank, afraid of losing it, completely oblivious to the devaluation of the soft currency.

Now, having tens of thousands in your hand, putting it in the bank for decades versus buying a property for decades is a completely different concept.

With bank interest, even in decades it can’t double, while buying a property could easily multiply tenfold, or even several dozen times isn’t impossible.

"In recent years, the prices of real estate and shops have risen rapidly in many places, especially in big cities. Although our Jianglan is a small city, this trend will eventually reach here. It’s an inevitable trend, and no matter what property it is, it’s a good investment."

Su Zelin said casually.

Qin Daqing perked up, "Zelin, what do you think would be a good buy?"

If it were someone else, they wouldn’t discuss such a big matter with a young person.

But Su Zelin was no ordinary young man, so Uncle Qin wanted to hear his opinion.

"Land, or shop fronts!"

Su Zeli said without hesitation, "Personally, I suggest shop fronts. Uncle Qin, both you and my dad are in business. By investing in shop fronts, you can run your own business, renovate as you like, without worrying about the landlord refusing to renew the lease when the contract ends!"

"Moreover, even if you don’t use it yourself, renting out the shop front to others still yields returns. A well-chosen shop front can even support three generations! In Lin’an, there’s a case like this; some local residents bought a shop front in the city center for several thousand ten years ago, and now the monthly rent is over ten thousand!"

"Buying land to build houses can also use ground-floor shop fronts, but generally speaking, self-built shop fronts don’t hold as much value as those in government-planned commercial areas, plus one piece of land can buy several shop fronts!"

The two elders were visibly excited, deeply agreeing. 𝙛𝓻𝒆𝒆𝒘𝙚𝓫𝙣𝙤𝒗𝙚𝓵.𝙘𝙤𝙢

"Exactly, investing in shop fronts is good. You can use them yourself or rent them out, there are many options!"

Qin Daqing asked again, "Zelin, which shop fronts do you think are promising?"

"Chengnan Market!"

Su Zelin blurted out without hesitation.

"There are only two proposed new markets in the new district currently. Where there’s a market, there will definitely be prosperity. Investing in either market is fine, but I lean towards the Chengnan Market because it connects the new and old districts!"

"In other words, it can attract consumers from the old district and thrive faster, shortening the transition period! If you choose another farther market, you’ll have to wait many years for the popularity to gradually rise."

"Furthermore, the Chengnan Market is surrounded by schools, malls, pedestrian streets, cinemas, and other facilities; it will undoubtedly become one of the core commercial districts of the new district!"

"Of course, the shop fronts there will be quite a bit more expensive than in other places, but I believe it’s totally worth paying extra!"

As a reborn and Jianglan local, Hunzi naturally knew his hometown’s future development very well.

In reality, unless you’re very unlucky, any shop front or property investment now will be profitable; it’s just a matter of how much it appreciates.

This Chengnan Market is the future most expensive rent area in Jianglan!

If Su Zelin wanted to take it easy, he could just use all his money to buy a bunch of shop fronts; that’s the advantage of being reborn!

But rather than investing in property, he preferred doing business. Doing real business is more rewarding and brings money faster. Before graduating, Su Zelin could ensure a wealth of tens of millions, possibly breaking into billions, but investing in shop fronts might take decades to achieve that.

Moreover, if he didn’t do real business and just collected rent like Zeng Kaiping, it wouldn’t be easy to afford a little secretary by his side.