Chapter 121: Chapter 120: Business Opportunity
Not renting, buying directly?
Song Fang gasped, pulling Song Wei aside and whispering, "Third brother, are you crazy? This courtyard is so expensive, we even have to think about thirty taels, let alone three hundred taels. How about you discuss with the landlord later to see if they can reduce the rent a bit more? We could rent it for a year, don’t you think?"
"If it’s renting, it wouldn’t cost much silver for a year." Song Wei said, "But what I’m interested in is the value of this location."
"What, value?"
Song Fang scratched the back of her head, looking a bit confused.
Wen Wan, who was nearby, already figured it out.
Song Wei noticed the brightness in his young wife’s eyes, his expression softened, and he patiently explained to Song Fang, "The prices in the capital are high, as you can see, especially housing—they change by the day. Our location is very close to the Imperial College, a prime spot. This courtyard, today you can buy it for three hundred taels, but maybe next year you couldn’t get it for even four hundred taels."
Song Fang was shocked, covering her mouth. After a while, she muttered, "So, third brother, the reason you aren’t renting but buying directly is to wait for the house to appreciate and then sell it for a profit?"
Song Wei smiled slightly, which was a tacit agreement.
He would only study at the Imperial College for a year, and then return for the provincial examinations. If he passed, he would have a place to stay when he entered the capital again. If he didn’t pass, selling the courtyard could yield a significant margin.
In short, it’s summed up in two words: no loss.
The landlord was straightforward. Upon hearing that Song Wei could pay in full at once, they immediately said that the old furniture in the courtyard would be freely given to them.
Wen Wan went in to look, and the furniture was already worn out, not worth much. But considering they were new here and had to buy pots and pans, having them ready would save them a substantial amount in emergencies.
Indeed, money makes things easier. The transfer procedures were handled swiftly, and by evening, Song Wei had already received the land deed documents.
Wen Wan and Song Fang stayed to tidy up the courtyard, while Song Wei returned to the inn to move all their belongings.
This was a small courtyard-style residence. Upon entering, it wasn’t as spacious as the Song family’s own house in the countryside, but it had a north room, an east room, and a west room.
The north room had three main rooms, with each side of the main room having an ear room for storing miscellaneous items. The east room and west room each had three rooms, creating a cramped layout when combined with the south-facing inverted room.
Having been used to living in the bright and spacious blue brick, big-tile house of the Song family, moving to this place suddenly felt suffocating when the gates were closed.
Song Fang muttered while tidying up the courtyard, "Even this broken place costs three hundred taels? Is money in the capital so easy to make? If I weren’t broke, I’d buy ten or eight sets, really flip them, and after a few years, sell them, wouldn’t I make a fortune?"
When Wen Wan heard this, she suddenly stopped her actions, staring unblinkingly at Song Fang.
Song Fang felt uneasy under her gaze, "Little sister-in-law, why are you staring at me instead of working? Do I have something on my face?"
Wen Wan snapped back to reality, shaking her head with a smile, indicating nothing was wrong, but her mind was already stirred up.
The words of her sister-in-law were like a lightning bolt that awakened her mind.
Her husband said this place is not far from the Imperial College, and the future market value will only rise and not drop. If they really had the money to invest in several sets, wouldn’t they stand to gain a huge profit when selling them in the future?
When Song Wei returned, Wen Wan shared her thoughts with him.
Song Wei looked at her with a bit more interest in his eyes, "Why are you suddenly interested in doing business?"
Wen Wan lowered her eyelashes. She just felt that the prices in the capital were frighteningly high, and if they didn’t do anything within this year, no matter how much money they had, it would eventually be exhausted."