Since October 2002, Wang Zheng has persuaded his father Wang Xiangzhong to start taking out the tens of billions of funds that his family is now deposited in the bank and starting to acquire land in major cities. Pen % fun % Pavilion www.biquge.info

In order to get the land, Wang Zheng directly bought Yuding Real Estate, a local real estate company in Luzhong City, at a premium.

The registered capital of Yuding real estate is 50 million, and the annual profit is about 10 million or 20 million, and it also belongs to the local individual enterprises in Luzhong City. Then the boss of this business doesn't have much ambition, thinking that making one or two hundred million will be comfortable in this life.

Wang Zheng directly gave the boss of Yuding Real Estate 300 million and bought Yuding Real Estate as it was.

Yuding Real Estate has a first-class qualification and is qualified to acquire land all over the country.

At the beginning, Wang Zheng first took a few pieces of land in Luzhong City. To be honest, in 2002, in a fifth-tier city like Luzhong, the government price per square meter of housing land was less than 1,000 yuan. Take 1,000 acres of housing construction land, which is only 600 million.

In a community of 6,000 people, if you say that the general small high-rise with 7-8 floors is covered, 150 acres of land is enough. Then if you talk about building a high-rise with 12-20 floors, almost 75 acres of land is enough.

1,000 acres of land can develop ten communities of 6,000 people.

The urban population of Luzhong City is at most 200,000 people, and most of them have continued unit allocation housing, so the demand for rigid housing is only 40,000 or 50,000 people, and more than 10,000 houses.

Also, in order to buy a house in his previous life, Wang Zheng ran through the large and small communities of Luzhong City and Quancheng City. Where the geographical location is superior, close to the school hospital, and where the environment is good, Wang Zheng knows it well.

With this preparation, Wang Zheng's shot was targeted.

In a month, Wang Zheng won more than 500 acres of land in Luzhong City and spent more than 300 million yuan.

Almost at the same time, Wang Zheng also won about 4,000 acres of land in Quancheng on the community planning places that he remembered in his previous life.

The land in Quancheng is more expensive than that in Luzhong City, but the most expensive place is less than 2,000 square meters.

In this way, Wang Zheng spent a total of 3.7 billion yuan on land in Quancheng.

In this way, in the two cities of Luzhong City and Quancheng City alone, Wang Zheng spent four billion yuan on land.

It was very cost-effective to acquire land between 2002 and 2003.

The sharp rise in domestic low prices began in 1999 when the state liberalized the control of commercial housing, and in about three or four years, the low prices skyrocketed by about 50%. However, because the basic price is cheap, by 2002 and 2003, the land price in major cities was really very cheap compared to later generations.

Even in the three places of Beijing, Shanghai and Guangzhou, where the land price was the most expensive at that time, the land price was only three or four thousand yuan per square meter.

Compared with 2016, the land price of 40,000 yuan per square meter is really quite cost-effective.

What's more, in 2002, Wang Zheng encountered very few opponents. Nationwide, there are almost no real estate developers who can have tens of billions of cash.

By the first half of 2003, when Wang Zheng's son was not born, Wang Zheng had bought 42,500 mu of land in 17 cities in Qilu and spent more than 370 million yuan.

Then Wang Zheng found that he still had more than 12 billion in his hands.

With more than 120 million yuan, Wang Zheng bought land in the imperial capital and Shanghai and Hong Kong.

1.2 billion, how much land could be bought at that time?

In 2003, the most expensive area in the imperial capital was no more than 11,000 square meters, and then by 2016, these lots will exceed 201,000 square meters, and the potential for value-added is undoubted. At that time, in 2003, the average land price in the entire imperial capital and the Third Ring Road was only four or five thousand yuan per square meter.

Buying land is definitely better than keeping money in the bank to preserve its value.

Moreover, after the land is bought, it is developed into a commercial house, and the income is not one or two points, but generally several times more than ten times the profit.

So next, Wang Zheng won 4,000 acres of land in the imperial capital and Shanghai and Hong Kong, the two largest cities in the country, and spent the remaining 120 million yuan from his father Wang Xiangzhong.

Such land, even if Wang Zheng covers it, he doesn't do anything, just the land bought in the imperial capital and Shanghai and Hong Kong, and in 2016, all of them will be sold, and they can be sold for at least 85.2 billion.

And what if it is deposited in the bank?

1.2 billion, saved for 14 years, according to the highest compound annual interest rate of 5.75%, the interest is only more than 20 billion.

In between, there is a difference of 650 million.

Therefore, it is still very cost-effective to buy land.

By July 2003, after Wang Zheng spent all the 50 billion yuan in his family to buy land for commercial housing, the Wang family's bank deposits suddenly dropped to only a few billion.

According to Wang Zheng's own plan, from now on, their family will start saving money.

He doesn't plan to make money in real estate, but he will definitely participate in the upcoming capital feast. That was the A-share carnival that began in 2005.

So in the past two years, his family has to start saving money.

According to their family's current annual income of 20 billion yuan, by 2005, there will be at least 50 billion yuan of funds for him to use in the capital market.

On July 21, 2003, Liu Shijia and Wang Zheng's first child was born.

At this time, Wang Zheng was only nineteen years old.

In his previous life, Wang Zheng only had his own son in 2012, and he only had one son. At that time, Wang Zheng was already twenty-eight years old.

And in this life, his first child, by 2012, was 9 years old, and he would be in the fourth grade after the summer vacation.

The child's birthday is July 21, which is also a good time, and the deadline for enrollment in the first grade of primary school is August 31.

Moreover, in the next step, his son does not need to find another place to go to school, and now the kindergarten and primary school in Taohualing have been built into the best schools in the province.

Wang Zheng's child was born in Quancheng Maternal and Child Health Hospital, and then Wu Xiufen, Liu Shijia's mother, and three months of sister-in-law and two nannies served the whole process.

The child was born naturally, and he was born with six pounds and seven taels, which was neither too big nor too small, just right.

After the child came down, the Wang family was very happy, and the happiest was the child's sister-in-law, Wang Ning.

Wang Ning is now 11 years old and is about to enter junior high school.

After the child was born, Wang Zheng was happily busy naming the child, and later invited a master from northern Anhui to calculate the eight characters and give him a name called Wang Bin.

This name is a bit cheesy, but Wang Zheng likes it, it fits his personality, and he walks out of the mountain village and is rustic.