Hong Kong 1980: The Savage Era

Chapter 36 [Buying a House]

Kowloon Bay at night
It is January, winter in Hong Kong, sometimes cold and sometimes hot. The temperature at night is slightly lower, about 1 degrees Celsius, and the indoor temperature is more comfortable.

The Luo family sat together neatly, but the atmosphere was a bit weird.

"You know, our family has just added a printing equipment, and our savings of more than 100,000 yuan are gone. Where will the money come from to buy you a house?" Lin Ya said angrily.

Luo Qixing and Zhang Qianqi had known each other for nearly half a year. Luo Qixing was an impatient person, so when he mentioned the idea of ​​getting married to Zhang Qianqi, Zhang Qianqi began to think about getting a commercial apartment and living in Hong Kong Island instead of staying in Kowloon Bay.

People of this era want to live in Hong Kong Island or Yau Tsim Mong District. It may be vanity, but it seems reasonable.

Who doesn't want to live in an economically developed and prosperous neighborhood? However, a house there costs hundreds of thousands of yuan. Even if you can make a down payment and then take out a loan, it is difficult for an average family to afford it.

Luo Qixing lowered his head. He knew that this would make things difficult for his parents, but he really liked Zhang Qianqi and wanted to marry her.

Luo Qihong originally wanted to let things fade away and see how Zhang Qianqi would react before offering his help. However, when he saw Luo Qixing's disappointing look, he suddenly felt that perhaps he shouldn't test Zhang Qianqi.

This is a matter between the two of them. If you think too much about it, there will usually be no good results.

"Brother, do you really want to marry Zhang Qianqi?" Luo Qihong asked.

Luo Qixing looked up at his brother, nodded, and then lowered his head.

Lin Ya hurriedly said, "Buying a house is none of your business. This is our business as parents."

"Zhang Qianqi's request is not excessive, I can understand it. But have you discussed the repayment of the loan and work?" Luo Qihong was still more concerned about the follow-up issues of the house. He couldn't help pay the full amount because he didn't really believe that Zhang Qianqi would stop.

"I've told you that she will come back with me to do printing, and we'll repay the loan together." Luo Qixing said in a muffled voice.

Luo Qihong thought it was okay, but just asked for a down payment. "How about buying a house in North Point?"

"As long as it's in Hong Kong Island, it's fine." Luo Qixing added, "It doesn't matter whether it's new or old, but it can't be less than 700 square feet."

"So do you plan to live by yourself? Or live with your parents?" Luo Qihong has no plans to buy a house at the moment. His plan is to buy a villa in one go.

So, if I live by myself, I will rent a house for the time being.

"Live with your parents, do you want to live with us?" Luo Qixing looked a little hesitant.

In Luo Qihong's opinion, Zhang Qianqi didn't really want to live with him, but when he thought about it, it was reasonable. It was a bit awkward to live with her brother-in-law.

"No, if you move to North Point, I will rent a house nearby and won't live with you." Luo Qihong played the bad guy.

Lin Ya couldn't help it, "If a family wants to live together, then live together. Why are you renting a house?"

"Mom, I also want to have my own private space. Besides, my business has grown, and I have endless time for socializing. Living alone will not affect your rest time." Luo Qihong gave the reason with a smile.

However, Lin Ya was still reluctant to agree. Perhaps in her opinion, firstly, she could not let Zhang Qianqi, who had not yet entered the house, say anything, otherwise where would her face as a mother-in-law be; secondly, she could not bear to part with her youngest son.

Luo Qihong persisted to the end and finally agreed to let Lin Ya go home for soup three days a week before the matter was approved.

Luo Zegui was standing aside, and although he didn't say much, his face looked unhappy. It was obvious that he didn't agree with buying a house and living separately.

Luo Qihong asked Luo Qixing to discuss the time to view the house with Zhang Qianqi so that he could make arrangements.

As for the down payment of the house, it was about 15 yuan. Luo Zegui and his wife could come up with 5 yuan, while Luo Qixing only had 1 yuan. The difference was made up by Luo Qihong. In the morning, Central was busy with traffic. Such a prosperous place rarely had traffic jams. White-collar workers holding coffee and walking to work could be seen everywhere.

Luo Qihong took a taxi to Huoduoli Company and found Liang Botao who had just started working.

"Mr. Luo, I haven't seen you for a while. You look a lot more handsome." Liang Botao said politely.

"Really? But he's still not as handsome as you, Mr. Liang." Luo Qihong smiled and replied with a compliment.

Liang Botao invited Luo Qihong in and said, "I heard from Zhang Taotao that Luo Sheng has made a lot of money in the stock market and is now planning to acquire a listed company. Please take care of me in the future."

"Mr. Liang, you are too kind. I am just here to understand the situation first. I may not necessarily acquire the company. However, if I were to acquire the company, I would definitely ask you, Mr. Liang, for assistance." Luo Qihong expressed his opinion immediately.

Arriving at the small reception room, Liang Botao brought a stack of documents, all of which were listed companies on the verge of bankruptcy and liquidation. "There are 26 listed companies that meet the requirements, and half of them are real estate companies."

"I have already selected some of the better companies and put them on the list. There are too many companies. I will introduce the first five companies to you, and you can go back and study the remaining 5 companies slowly."

"Okay! Liang Sheng, you start." Luo Qihong nodded.

"The first company is Jide Real Estate Co., Ltd., which was listed in 72. It currently owns a large number of industrial buildings and a small number of offices and shops. The debt ratio is 71%."

"The highlight of this company is that it has an office building in Central and two shops in Yau Tsim Mong District. As long as it can get out of the predicament, it can recover a lot of funds to clear the debt."

"The second company is Paramount Entertainment Co., Ltd. Most of its properties are restaurants, and some of its properties are teahouses."

"The fifth company is Jingsheng Real Estate Company."

Liang Botao was very professional. He spent nearly two hours introducing these five companies. He spoke until his mouth was dry and the content was very detailed.

I wanted to invite Liang Botao to have lunch together, but unfortunately Liang Botao had other guests to entertain, so we have to wait for the next opportunity.

A restaurant in Central

Luo Qihong felt that he had been too busy recently and wanted to have a good meal to make up for the stress, so he chose a relatively high-end restaurant nearby and walked to a seat by the window under the guidance of the waiter.

"Ah Hong! Why are you in Central?" A familiar voice sounded in my ears.

Luo Qihong turned around and saw Lin Luoqi and a noble lady. He subconsciously guessed that the woman was Lin Luoqi's mother, Xu Jiawen. However, in order to avoid embarrassment, he still asked, "I was doing something nearby and was too lazy to find a place to eat, so I just picked this restaurant. Is this your aunt?"

"Yes! She is my mother." Lin Luoqi introduced Luo Qihong to Xu Jiawen again, and especially mentioned their cooperation.

"How about having dinner together?" Xu Jiawen took the initiative to invite Luo Qihong, both to give face to her son and to test Luo Qihong.

"I hope I won't disturb you." Luo Qihong didn't really want to sit down, but considering their cooperation in the sale of properties of Yiren Real Estate Company, he reluctantly sat down.

"No! We are all familiar with each other, there is no need to disturb you." Xu Jiawen smiled.

Luo Qihong ordered a medium-rare steak and a plate of pasta. He didn't care much about other people's opinions on his meal. As long as he ate well and was full and followed basic table manners, everything else was fine.

"Ah Hong, you don't mind me calling you that, do you?" Seeing that Luo Qihong didn't mind, Xu Jiawen continued, "I heard from Luo Qi that you taught him how to restructure Yiren Real Estate's debts and assets. Have you ever worked in securities and finance, or have you studied it specifically?"

(End of this chapter)