Shadow of Chinese Entertainment

Chapter 275 Celebration (briefly included)
Meanwhile, the internet in China was buzzing with excitement, and the streets and alleys were bustling with activity, with many people setting off fireworks and firecrackers.

On Tianya Forum, the post "Jingguo Ghost Society burned to ruins overnight" quickly gained traction, with hundreds of replies in just a few minutes.

Netizens expressed their excitement with slightly immature yet passionate words.

Netizen "Millennium Needle Fern" wrote: "This is truly gratifying! Those Japanese devils with their hands stained with blood, now they don't even have a 'ghost den' anymore! This is the end they deserved!"

On Baidu Tieba, history and military-related forums instantly became abuzz.

Forums dedicated to fighting the Japanese were especially lively, with members posting celebratory messages.

"Little Ahoge Knight" created a simple yet hilarious set of emojis, featuring the burning of the Jingguo Ghost Society with the caption "Justice is clear, the sinners deserve it," which were then widely shared on various online forums.

Some people even dug up old photos and videos documenting the crimes committed by Xiao Ri. "Binglan Fengyu" lamented, "Seeing the Jingguo Guishe burned down, I suddenly thought of those martyrs who sacrificed their lives in the War of Resistance Against Japan. If they knew this in the afterlife, they would surely feel very gratified!"

Sisi.com, Renren.com, and various instant messaging tools also became lively, with everyone discussing this important news in various student groups and interest groups.

I wish I could turn back time: Jingguo Ghost Temple burned down! I wish I could go to the entrance of Jingguo Ghost Temple and set off some firecrackers to celebrate!
I can't tell: It's a pity I'm too young, otherwise, I could have my own page in the family genealogy!
The listless Yu Xiang Rou Si (shredded pork with garlic sauce): I'm old enough, but I can't afford a plane ticket, otherwise...

A gentleman doesn't pass this on: I don't know if it was done by one of us Chinese, but I respect him as a man. I'll have a bowl of chicken soup when I get home tonight!
Queen Yan, the protector: Those compatriots who were brutalized by the Japanese devils should be able to rest in peace after seeing this scene!
If you were to sit in a state of complete detachment and forget yourself: If I could personally go and burn it, I would definitely be the first to rush in!

The broken sword has no edge: The Jingguo Ghost Society has collapsed, and the Japanese have lost all face!
The world is conquered by strategy: This fire has revealed the backbone of our Chinese nation!
Xinyangzhishang: That's awesome! I hope there won't be any more "ghost places" like this in the future!
davidpei: This deserves a big thumbs up! Those little devils should be taught a lesson!
He has read ten thousand books: This story should be widely circulated!
Nickname: Da Long: I wish I could go there in person!
Book You—Add a little white: East Wind? Me too!
Author Phoenix Beidou: I am the same!

20210301106549720612: My heart is greatly comforted!
20210314124613977: Great news! Well done!
20250423114454815: The devils' retribution!
20230705011645066: Remember history and celebrate this moment!

20230404211457040: I feel comforted for the martyrs and our predecessors.

20170815082211443: I wish I could have done the same!
20230706115832662: I hope there will be more of this kind of justice.

20170917003127760: Great news, we must celebrate!
20221218193036948: Let the little devils know we haven't forgotten!
20210803120248232: That was so satisfying, thumbs up!
130622125240484: Well done!
20190326195512515: May our motherland become stronger and stronger!
150225220228795: Remember history, and strive for self-improvement!

150720183543086: This is a victory for justice!

20220924205853909: Learn from history and look to the future!

20240926210742473: Hooray for this news!
Many humorous poems spontaneously created by netizens have also appeared online.

For example, a netizen named "Qiu de Qiu Qiu" wrote: "The Ghost Society was reduced to ashes, and the ghosts of war criminals have nowhere to escape. The blood debts of the past are now being repaid, and all the sons and daughters of China are beaming with joy."

Similar works spread rapidly online, resonating with countless people and garnering likes.

Perhaps because it was the last day of the National Day holiday, the streets and alleys of China were filled with an indescribable festive atmosphere.

On the streets of countless cities, people who bump into each other will inevitably start talking about this topic, their faces beaming with genuine joy.

In a certain alley, several old men sat together. Shen Lei played chess and discussed, "The Jingguo Ghost Temple was burned down. It's so satisfying! Those Japanese devils did so many despicable things here back then. Even if they're dead, they don't deserve to be offered incense!"

At school, students were also having a lively discussion during breaks between classes.

The history class representative, whose online name was Xuanxuanxuanying, excitedly told her classmates, "Heaven's justice is clear, and retribution is swift. Look, this is the manifestation of justice! Jingguo Guishe was a symbol of the militarism of the time, and its burning down is nothing short of a reckoning with that history of aggression!"

Although many students are young, they have heard many stories of the War of Resistance against Japan from television programs and their elders. At this moment, they are also excited by this news and wish they could be there to witness this scene.

In some city squares, large crowds spontaneously gather in the evenings.

Some people waved small national flags, while others sang patriotic songs loudly, with the sounds of singing praises to the motherland rising and falling.

Cheers erupted from the crowd from time to time: "Well done! This is gratifying!"

Some people lit fireworks, and the dazzling fireworks bloomed in the night sky, as if celebrating this good news.

Although no one organized or planned it.

But the Chinese people are all expressing their joy at the burning of the Jingguo Guishe shrine and their remembrance of that humiliating history in their own ways. Hu Xiaobei only saw the news and information the following noon and felt a deep "regret"—as an orphan, he couldn't experience the honor of having his own page in the family genealogy, which was truly a pity…

After lunch, the three sat on the sofa and chatted about real estate investment.

Liu Xiaoli handed the data sheet compiled by her employees to Hu Xiaobei and softly suggested, "Buying a property individually is still too expensive. Why not go through the developer in Cheng Jinfei's area? It would be much more cost-effective."

Hu Xiaobei quickly scanned the data table, thinking to himself, "Really cheap."

Three quarters of 2006 have passed. According to the data, the price of villas in Emerald City Xiangliuyuan is 64887 yuan/㎡, and the price of villas in Futi Island is 55205 yuan/㎡.

The price per square meter in Fudi Shoufu on Dawang Road is approximately 69523 yuan, while a villa with a floor area of ​​402.75 square meters is priced at 2800 million yuan.

Typically, the price of land for villas is lower than the price of houses. Assuming the land price is estimated at 40%-60% of the house price, the current price of land for villas is approximately 22000-42000 yuan per square meter.

Of course, these are all villas in good locations, and their prices are far higher than ordinary housing.

In fact, in 2006, the average land price in Beijing was only 3181 yuan per square meter, while the average transaction price of houses was 8792 yuan per square meter.

If it were in a district like DX or Shunyi, the price would be much cheaper, with the average transaction price of houses only around 5500 yuan per square meter.

Generally speaking, real estate developers pay land prices far lower than the selling price of houses.

In real estate development, land costs generally account for about 20%-40% of housing prices.

If calculated according to this ratio, the average price at which developers in the DX district acquired land in 2006 was probably around 1100-2200 yuan per square meter.

Of course, this is just a rough estimate, and the actual land acquisition price will vary depending on various factors such as the location of the plot, the nature of the land, and the planned use.

Taking Shunyi District as an example, the average transaction price of houses in 2006 was 7141 yuan per square meter, while the average price for developers to acquire land was around 1400-2800 yuan per square meter.

In the next month or two, Longfor Properties will win the bid for the residential project of the old village renovation in Niulanshan Town, Shunyi District, with a land price of only 913.11 yuan/㎡, which is equivalent to a floor price of about 1907.59 yuan/㎡.

Therefore, the data on paper is just data on paper; the actual price difference is often much greater.

Generally speaking, real estate developers are short of cash flow.

Before developing some small real estate projects, it is very common to raise funds from relatives and friends or sell houses to employees in advance to generate cash flow when there is a shortage of funds.

During this period, many Wenzhou home-buying groups used this method to purchase homes at low prices as a group, and then resell them for profit once prices rose.

Although these types of home-buying groups are essentially speculating on real estate, they are often very popular with real estate developers.

Their arrival usually represents a large influx of cash, which can greatly alleviate the financial pressure on developers.

It's important to know that many developers stop building halfway through a project, or even abscond with the money, most likely because their cash flow has dried up.

Therefore, as long as Hu Xiaobei and the other two are willing to invest a large amount of cash flow to buy land and houses, Cheng Jinfei would definitely welcome it with open arms.

Despite being ranked 27th on the list of richest people in mainland China in 2003 with a net worth of US$2.35 million, he still managed to amass wealth.

However, these are all estimates for various fixed assets and companies, not including bank debts.

If you really consider cash flow, he'd be quite capable if he could produce 1000 million RMB on the spot.

Cheng Jinfei has also been involved in some real estate projects, whether they are already built or have just been acquired.

Even if you sell a portion at cost price and get cash flow back, that's already considered a profit.

(End of this chapter)