Chapter 153: Don't be conservative or not, just make money!

"You're going to buy property in London"

At the afternoon tea table in the sun room, Eddie frowned slightly and said: "Recently, the house prices in London have risen like crazy, and I heard that some houses on the street can't be bought with money. ”

"Well, I know that it's mainly because of the expectation that financiers will be able to get big bonuses, and the demand for properties in central London will outstrip supply, pushing house prices to new highs, which have been close to seven percent last month alone, and the average house price has reached more than 400,000 pounds. ”

Arthur said as he cut a charming rainbow-colored cake with a fork and put it in his mouth.

Even if he has become a British nobleman, Arthur still can't change the Celestial Empire's preference for land and real estate, land, manor already owned, although not much, but can be slowly hoarded in the future.

Real estate, on the contrary, is what he is currently very lacking, which is why he will leave 30 million in his hands.

Although the best time to buy property has been missed, it is important to remember that during the 2008 financial crisis, house prices in London, England took a heavy hit. But since 2009, house prices in London have continued to rise.

Due to London's international financial and political center, coupled with its unfalling housing prices in the past, it is recognized as a haven for investment and a haven for capital, so this unique location naturally attracts more and more demand for real estate investment.

Arthur learned from some information sent to him by Smith Jama that over the past 50 years, the overall trend of house prices in the UK has been on an upward trend, and from 1959 to 2009, the average house price in the UK has increased more than 60 times.

So, there is data and truth, it is a fact that UK house prices are doubling every 10 years.

"Time" is very important in investment, time is money! Although the best opportunity to buy the bottom has been missed, Arthur cares, because he knows better than anyone that the next few years will be the golden period of the British property market, and it is also the golden period of investment, if investors seize the opportunity, they can definitely maximize the return on investment.

After all, the mansion that Wang Yiyi, the richest man in the short term in his previous life, bought in London was in an uproar at the time, and the media rushed to report it, which also made Arthur, an ordinary person, envious and jealous for a long time!

But I also want to thank Wang Yiyi for allowing him to hoard houses boldly and confidently now!

"You said that you can't buy it even if you have money, which is the main reason why I want to invest in real estate, because the market will constantly adjust in the direction of balance between supply and demand. When the supply of new listings is low and the demand for homes is increasing, all that remains is to watch prices rise. Arthur smiled and picked up the black teacup and took a beautiful sip.

Eddie was silent, staring at Arthur with a pair of beautiful eyes, and then shook his head suspiciously and said: "Seriously, you suddenly became so smart, I'm really a little unused to it, you injured your head last time, did you open the forbidden area of God?"

"Poof—"

"Ahem... Arthur coughed, grabbed a napkin to wipe the squirting black tea, blushed and complained thickly: "Do you want to choke me to death, and then inherit my property?"

"Damn it!" Eddie angrily grabbed the napkin and chopped it on Arthur's face.

Arthur rolled his eyes at Eddie, picked up the napkin that fell to the ground, put it aside, and said lightly: "It's not that I've become smarter, but, I've been learning, learning management, learning investment, in order to invest better, I also set up an investment company, recruiting professionals to help me make money, and the UK ushered in a new round of housing price growth, which is also the conclusion they came to after analysis."

The reason behind this is that during the financial crisis, the supply chain of British real estate was out of balance, but the British population, especially new immigrants, continued to increase, so the real estate market supply and demand imbalance. ”

Hearing Arthur's explanation, Eddie pouted in relief, and then asked, "Are you going to buy that street, Kensington Palace Garden?"

"Hehe... Hearing Eddie's name of the place, Arthur shook his head helplessly and chuckled twice, saying, "I can't afford it!"

"You're a billionaire, if you don't buy a house on Garden Street in Kensington Palace, where are you going to buy?" asked Eddie with a slanted look at Arthur with some disdain.

Arthur shook his head and smiled bitterly, "I'm going to invest in real estate, I can buy a few sets there with this little money"

It's not that Arthur doesn't want to buy it there, it's just that the house on either side of the gardens of Kensington Palace in west London is too expensive, and it's already a wonderland that is difficult for "mortals" to enter, even for many celebrities, bankers and lottery winners.

According to estimates by real estate companies, the average price of a house there is 20 million pounds a house, which is more than 90 times the average house price in the UK. Those who can live there are absolute billionaires, and millionaires are only eligible to visit at most, and of course, talking about the pound.

The reason why it is expensive is because the street is next to the east side of Kensington Palace, which is the former residence of Princess Diana, and there are still some members of the Wang family who live there. In addition, both ends of Kensington Street are important places for outsiders, and many national shikans are located on this street.

Similarly, properties on Bolton Avenue and Frognar Avenue are no longer in consideration. ”

The second most expensive neighbourhood in the UK is Bolton Street in Kensington, where the average price of a house is more than £13 million. In third place is Frognar Avenue in Camden, with an average price of more than £10 million per home. In fact, the 10 most expensive streets for British houses are all in London.

There are 5,922 blocks in the UK with an average price of more than £1 million per house, of which 2,290 are in London.

"I'm going to buy a part of a single house for about 1 million and a part of a city centre apartment for rent, and in that we're going to learn from the Russell family of the Duke of Bedford, who have 180 apartments and can get 20 million pounds a year in rent alone. ”

It's not that Arthur is small, but this way of holding real estate is the most secure and effective way to invest in a family that has been passed down for hundreds of years.

"In the end, it still depends on real estate speculation... Eddie shook her head noncommittally and complained, but she also knew that the aristocrats who were really rich now basically became huge riches through real estate, after all, the nobles held more than one-third of the land in Britain.

For Eddie's complaints, Arthur didn't care, just smiled, real estate must be invested, and in the future he will buy some estates with a large amount of land, which is the foundation of aristocratic inheritance, no one knows if his descendants will be a loser, while his generation can make money, or leave more family heritage.

In the following time, Arthur spent a lot of time looking for suitable properties in addition to continuing to 'create' the draft, and finally, even Eddie joined in, and at the same time, in order to avoid taxes, Arthur applied for an offshore company in a tax haven, which will be invested in the form of a company and facilitate future management.

In this way, several days passed in a flash, and it came to October 16th.

This was the day George Herbert, the 8th Earl of Carnarvain, who was also in Hampshire, invited him to a dinner, and it was also Arthur's first official dinner for the nobility.

The private banquet of the nobles is always a private gathering of members of the royal family, dignitaries and other high-class people. This is not only a symbol of identity and status, but also a manifestation of a noble and extraordinary temperament.

To this day, the private banquet of the British aristocracy has not been forgotten with the change of years, and it still makes many ordinary people yearn for an endless experience. I hope to have a deep understanding of the inheritance of a hundred years and the life of the British aristocracy...

The weather in the UK is said to be strange by foreigners for a day or two, especially the first strange, the summer days are very long, until 8 o'clock in the evening to bask in the sun, 10 o'clock before it gets dark!

This is mainly because the United Kingdom is a high-latitude country, so when Arthur and Eddie rushed to Highclell Castle in the Rolls-Royce Phantom, although it was almost seven o'clock in the evening, the sun was still slowly sinking into the western sky.

The sunset, like a flame, is burning wantonly, and the gray-blue sky still reveals a clear and bright shimmer, like ink dripping into a pool of clear water, spreading...

Cars are speeding away, dark green bushes, falling leaves, light gray buildings in the distance, starry lights, dark brown roads slowly shrouded in darkness, leaving only some vague outlines.

Rolls-Royce stopped at the gate of Highclere Castle, and after two security guards confirmed the invitation and identity, they let him go and drove into the manor.

As if receiving a notice from the gate, when Rolls-Royce stopped in front of the square at the main entrance of the castle, Arthur saw the smiling George Herberts and his wife waiting on the red carpet on the front steps of the main entrance.