Chapter 1289 Why do you think the price of houses in the workshop city will drop?
"Yang Yushi, after picking corn today, you can plant hundreds of thousands of acres of corn immediately next year. If the yield is as high as that, the price of grain will probably start to fall."
Today's corn picking is a big deal for the Tang Dynasty and Chang'an City.
Therefore, there are naturally many people of all kinds surrounding the cornfield.
Yang Benman and Linghu Wujiang were naturally among the crowd.
"I heard that the rice and soybeans in Liaodong Road have a lot more this year than in previous years. Now there are high-yield crops such as corn, so the price of grain is expected to fall.
However, no matter when, the price of food is unlikely to fall sharply, and this will be a relatively slow process.
After all, the demand for food in every place, accompanied by the decline in food prices, will increase.
You see, there are obviously more winemaking workshops in Chang'an City than before, and there are more and more types of wine that can be seen on the market.
Moreover, the general price of alcohol is so low that ordinary people can also buy it.
This is actually an objective impact of the decline in food prices."
Yang Benman thought of the "invisible hand" above the market mentioned by Wang Fugui in "The Wealth of Nations".
The food price of the Tang Dynasty was also controlled by an invisible hand.
Although the yields of corn and potatoes are very high, people are still used to eating wheat and rice.
Therefore, their prices cannot fall significantly.
Of course, if the time span is spent in a few years, or even more than ten years, the decline in grain prices will still be very large.
In the early years of Zhenguan, the price of buying a pound of corn can now be more than two pounds.
If it takes another ten years, maybe you can buy one pound of corn now, or two pounds in ten years.
The proportion of money spent on food rations and the total income of the people will definitely continue to decline.
Just like in later generations, if it were in the 1990s, the monthly income of an ordinary civil servant would be only a few hundred yuan.
At that time, a pound of rice cost about one dollar.
According to the calculation that an adult man needs to eat a pound of rice a day, spending solely on buying rice will account for about 10% of his income.
But in the 1920s, it would be different.
The income of ordinary civil servants has reached 5,000 or 6,000, and those in big cities have reached 10,000 or 20,000.
At this time, although the price of ordinary rice also rose to three yuan, it made money.
Even if you need a pound of rice a day, in one month, the proportion of the total income from buying rice has reached a negligible level.
"So, we don't actually have to go to the contract trading shop of the Datang Trading Center to mess with the grain contract?"
Linghu Wujiang thought he had discovered a new business opportunity.
But according to what Yang Benman said, the opportunity for this business opportunity is not very big.
"Grain prices are a relatively sensitive matter. If the price of the grain contract has risen sharply due to the incoming funds at that time, it may be possible that you will bear any responsibility at that time.
So I don't really recommend that you hype up food-related matters.
Of course, if you feel that Linghu Investment Company raises too much money in the future and the Datang Stock Exchange cannot fully digest it, then I would recommend that you go to the Workshop City to continue buying a house.
In the past two years, although the prices of houses in Zuofangcheng have been relatively stable, this is the best time to buy.
When the next increase comes, it may only take half a year or even a few months, and the house prices in the Workshop City will rise by several percent."
Yang Benman has always been a "house speculator".
Relying on housing investment in the factory city, Yang Benman has at least gained tens of thousands of yuan.
Even now, Yang Benman still has more than 100 houses in the workshop city.
"I think Nanshan Construction has never stopped building houses in the Workshop City. At this pace, when all the land in the Workshop City is used, at least 10,000 houses will be built. If so many houses pour into the market, according to the theory of "The Wealth of the People's Republic of China", it means that supply is oversupply, and the prices will fall at that time, right?"
Linghu Wujiang obviously felt that the housing prices in the Workshop City were already too high and there was not much room for growth.
He even felt that the prices of houses in the Workshop City would continue to decline.
His idea was similar to the ideas of many ordinary people in later generations.
In the 1990s, when commercial housing was just around the corner, the price of real estate in Beijing was several thousand yuan per square meter.
At that time, the monthly income of ordinary people was only a few hundred yuan, and the housing price of a few thousand yuan per square meter was simply a sky-high price.
Whether it is experts, scholars or the people, they all think that housing prices will definitely fall.
Then in 2005 and 6, the housing prices in Beijing began to enter the era of 10,000 yuan. Experts and scholars were still saying that the price of houses was too high and they didn’t know when it would collapse.
People also think it is not suitable to buy a house at this time, so they should wait.
As the price of a house goes from a few thousand yuan to tens of thousands of yuan, then from one to two, three, and four…
Well, when we enter the six-digit era, everyone finally feels that the price of houses has finally come to an end and will definitely fall.
But all we waited for was regret.
Those who didn’t buy a house regretted why they didn’t buy it?
I bought a house and regretted why I didn’t buy it a little bigger.
Apart from the partial decline, there is no real decline in housing prices in big cities.
As the largest city in the Tang Dynasty and even the world, the housing prices in Chang'an City naturally have enough room for growth.
After all, it is not only the people in Chang'an City that buy houses in Chang'an City, but also the rich people in the entire Tang Dynasty, and even the rich people in the entire world.
Haven't you seen that whether it is Japan, Silla, Baekje, or Goguryeo, or the envoys and nobles from both sides of the country, who always want to buy their own house whenever they arrive in Chang'an?
In the entire East Asian cultural circle, there is extraordinary persistence in the land and houses of their own.
This kind of persistence will not change even if it takes more than a thousand years.
"Linghu, even if the houses in Chang'an City rise by ten times, don't think it's impossible. You should invest with the perspective of long-term confidence in Chang'an City's housing prices.
You should know that there are more and more workshops in the workshop city. The income of craftsmen is getting higher and higher every year.
The Tang Dynasty Royal Money House has a mortgage loan discount for purchasing houses in the Workshop City and has zero down payment. Why do you think the price of houses in the Workshop City will drop?"
Chapter completed!