I'm back in 1990

Chapter 358: Not a Good Reputation

The show "I'm Back in 1990" is full of classic quotes, so come and find resonance.

Although he had officially become Wang Deyi's apprentice, Huang Xiaochuan felt that he was still as free and undisciplined as before. The old man didn't care about him and just assigned him some topics to figure out on his own.

Therefore, Huang Xiaochuan rarely goes to school and spends most of his time in his office in Xujiahui, where he works and studies at the same time without neglecting either.

To make it easier to find information in the future, he spent several days going to the school library to make a book list, and then handed it to Mai Guangde, asking him to find a way to buy all of these books.

In addition, he would often visit the largest Xinhua Bookstore in Shanghai and various secondhand book markets, buying a lot of books each time he went. Gradually, his office could no longer hold all the books.

He converted a lounge in his office into a library and asked his uncle to find him an old carpenter. He provided the materials, and the old carpenter did the work, and they made seven or eight rosewood bookshelves.

After the library was put into use, he spent his days immersed in books, enjoying a leisurely and contented life.

He had just finished lunch when Wang Deyi suddenly called him and asked him to come to the West Suburbs Hotel to find him.

Huang Xiaochuan hung up the phone, somewhat bewildered. Why would he go to the West Suburbs Hotel for no reason?

Since the old man called, there must be something on his mind. Huang Xiaochuan thought it best not to guess and just go there to find out.

After the Inner Ring Elevated Road opened to traffic, transportation became much more convenient. You can drive west along Yan'an West Road and turn onto Hongqiao Road at the intersection. It's not far from there.

Wang Deyi is attending an economic symposium here, one of the topics of which is the future development of the real estate market. Many experts and scholars are sharing their research and opinions on the real estate market.

Because Huang Xiaochuan and Wang Deyi had also discussed this issue in depth, Wang Deyi was also very interested in it.

However, there will always be different viewpoints in academic discussions, and people who do academic work are very stubborn. Since we are all making predictions about future development based on existing data and policies, why do you think my viewpoint is incorrect?

So naturally, Wang Deyi clashed with another big name in the economics field. The other party believed that the existing mature Hong Kong model should be completely copied for real estate development. However, based on the results of his discussions with Huang Xiaochuan, Wang Deyi believed that the Hong Kong real estate model could not be copied blindly and must be optimized in light of the specific situation in mainland China.

Since this bigwig had a lot of supporters, Wang Deyi felt somewhat outnumbered and directly summoned Huang Xiaochuan to cheer him on.

After asking the waiter, Huang Xiaochuan found Wang Deyi, who was resting and drinking tea in the lounge.

"Sir, that's not very kind of you. I thought you were going to treat me to a fancy meal, but when I got here, all the restaurants were closed. So you've sent me here to pick you up?"

Upon seeing Wang Deyi, Huang Xiaochuan launched into a tirade of complaints, which amused several of his friends sitting near Wang Deyi.

"Deyi! Isn't this your last disciple?" Hu Guanglin, sitting next to Wang Deyi, asked, pointing at Huang Xiaochuan.

Wang Deyi looked regretful: "I was blinded by greed and took in such a wicked disciple. Now you all are laughing at me."

Wang Deyi's other friend, Cao Bowen, was very interested in Huang Xiaochuan.

"Young man, you're handsome and quite energetic. How old are you? Where are you from?"

"Hey, hey, hey! Lao Cao, don't go too far. My student already has a girlfriend. Don't even think about hitting on him." Wang Deyi quickly intervened when he saw things were getting out of hand.

"Deyi, look how nervous you are. I was just asking."

Wang Deyi gave him a look that said, "You're kidding me. If I believed you, Lao Cao, even the salt would go bad. I've known you for so many years, I know you perfectly well. You just grab whatever's good for you and bring it all to your house. Isn't that how you scoop up your sons-in-law and daughters-in-law?"

"Ha ha ha ha!"

Upon hearing this, the old men all laughed.

A moment later, Wang Deyi told Huang Xiaochuan where the old men came from and introduced Huang Xiaochuan to them.

Huang Xiaochuan respectfully bowed and greeted these bigwigs.

After learning why Wang Deyi had summoned him, Huang Xiaochuan made a phone call and asked Mai Guangde to deliver a document to the West Suburbs Hotel. Mai Guangde delivered the document before the afternoon symposium began.

When the afternoon arrived, Wang Deyi and Huang Xiaochuan attended the afternoon economic symposium together.

Continuing the topic from the morning, both sides prepared to begin a new round of discussions.

Wang Deyi pointed at Huang Xiaochuan: "I'll have my student say a few words for me. He has unique insights into the real estate economy. Old Kong, you might want to listen to him."

When Kong Yuan saw that Wang Deyi had sent a young man to discuss the issue with him, he felt that Wang Deyi was disrespecting him by sending such an inexperienced child to humiliate him. This was intolerable.

"Old Wang, what do you mean by this?"

Wang Deyi insisted on his opinion: "Why don't you listen to his point of view first?"

At this point, Cao Bowen, Hu Guanglin, and others also advised Kong Yuan that there was no harm in listening to him.

Regardless of whether the other party was willing or not, Huang Xiaochuan said, "This morning, the gentlemen discussed which real estate economic development model our country should use. I heard some things from my teacher. Master Kong believes that we can copy Hong Kong's shared area, off-plan property, and mortgage model. I do have some different opinions on this point."

"Hong Kong's unique real estate model is due to special historical reasons. In the 1950s, Hong Kong experienced a rapid population boom, which led to a severe housing shortage. Moreover, not long before that, in the 1940s, many houses in Hong Kong were destroyed due to World War II."

Therefore, in the 1950s, many buildings in Hong Kong had their stairwells, rooftops, and basements filled with people.

This phenomenon presented a business opportunity to a small group of Hong Kong businessmen. However, at that time, Hong Kong's real estate sales system was very rigid, requiring properties to be sold as a whole building, which meant that 99% of people did not have the opportunity to buy a house.

So a businessman developed a building and, for the first time, used the concept of selling apartments in a single unit, breaking down the apartments in the building into individual units for sale.

However, this businessman discovered a problem: in the past, when the entire building was sold, there was no such thing as a shared area. But when a building was split up and sold separately, a shared area was created.

He then resorted to his clever tricks, proposing the so-called concept of shared area, because adding shared area would make homebuyers feel that the price per square meter of the house was much cheaper.

However, this is actually a misrepresentation. Whether you buy based on the actual area or the area including the common area, the total price is the same. Buyers may initially feel that it doesn't matter.

However, these Hong Kong residents discovered a problem after moving into their new homes: rental prices, property management fees, and so on are charged based on the area. This means that buying or renting a house based on the shared area will cost more.

Therefore, Hong Kong is now considering abolishing the shared area regulation. Of course, according to Hong Kong's system, this will take time.

In other words, we are still using the common area system, a problem that Hong Kong has already considered abolishing, as a standard? Isn't that ridiculous?

Moreover, since the introduction of Hong Kong's shared area regulations, there has never been a clear and unified figure for the division of shared area, making the shared area a confusing mess.

Furthermore, through my research, I discovered that Hong Kong property developers use the shared area to reduce the actual usable area for residents, while the real shared area remains undeveloped and unused for a long time, seriously harming the interests of homebuyers.

Some might say that laws and policies can be enacted to regulate this behavior, and Hong Kong has already done so. However, any law or policy requires enforcement. Hong Kong's current plan to abolish shared area is precisely because of this problem.

Another point is the pre-sale system, which I believe should be strongly promoted in the early stages of real estate development.

Given the per capita living space in my country, the current housing situation for Chinese residents is not optimistic, and the pre-sale system can help many residents solve their housing problems in a short period of time.

However, the pre-sale system needs to be put under control, because the island model shows that the method of allowing pre-sales simply by acquiring land is wrong.

It is permissible to require real estate developers to apply for pre-sale permits only after the main structure of the building has been completed, and that purchase funds be subject to strict supervision by relevant departments, used for designated purposes only, and not misappropriated, in order to ensure that the interests of homebuyers are not harmed.

Once the real estate market develops to the point where the per capita living space exceeds 30 square meters, the pre-sale system for housing should be gradually abolished, allowing the real estate market to return to its original path.

I believe that every system is born under specific historical conditions. It may have been appropriate at the time, but it will inevitably be eliminated as society develops. Therefore, we cannot simply adopt it without consideration. We must improve it in light of our own realities so that these systems or regulations can truly benefit our people.

Furthermore, these systems must be continuously improved and perfected in the course of development; otherwise, society will progress significantly while the institutional regulations remain stagnant.

One of Kong Yuan's students asked, "How do you know that real estate developers will use the shared area to reduce the actual usable area for residents?"

Huang Xiaochuan handed a document to the other party: "You can take a look at this. It's a meeting record from a Hong Kong real estate company and the actual construction requirements for the project. It clearly states that construction and development of the shared area should be suspended. It's a typical case of not doing the work, but still taking the money."

This document was obtained from the real estate company that Ding Yi transferred to Huang Xiaochuan. Cao Charlie is now the chairman of this real estate company, so getting a document like this would be a piece of cake for him!

After reading it, the other person stopped talking.

Huang Xiaochuan continued, "There are many real estate developers in Hong Kong, and this is just one of them. Moreover, I am sure that almost every real estate developer does this, copying this shared area model to cheat our people. This is a bit unreasonable, isn't it?"

If the common people find out who initiated this in the future, they'll probably go down in history! And not in a good way, just infamy!

At this point, many people were already covering their mouths and chuckling, while the big boss Kong Yuan's face turned ashen.

Wang Deyi's molars have all come out. He's never felt so good before. He never knew it was so satisfying to see someone get the short end of the stick!

Cao Bowen, Hu Guanglin, and the others looked at Wang Deyi with envy, jealousy, and hatred. This old rascal was wicked; he had quietly taken in such a good disciple.

Urgent! Major plot twist! Watch now!