Losing Money to Be a Tycoon - Chapter 1141
Chapter 1141: Jingzhou Metro Line 7
“Brother Eric, take care.”
After lunch, Pei Qian sent Eric off at the entrance of Ming House reluctantly with a disappointed look on his face.
Who could burn money with him so happily now that Eric was leaving?
Pei Qian felt melancholic at the thought that Dayak Corporation would probably not play with him in the future.
However, this melancholy had another meaning to Eric for some reason.
At that moment, Eric was already in a taxi, preparing to head to the high-speed rail station. He could not help but roll down the window like an old friend and bid Boss Pei farewell.
“Indeed, Boss Pei and I are two peas in a pod.
“This shows that I have won his respect as an opponent.”
Eric felt an inexplicable sense of satisfaction. It was a pride recognized by his competitor.
He knew very well that he would probably have to take the blame for IOI’s failure together with Dayak Corporation in the future.
In the future, when they bring up this period of time, they would probably come to this conclusion: Dayak Corporation was short-sighted and bought Finger Games, which had a bright future. However, they squeezed it dry in an extremely short period of time and finally caused a company that had hopes of becoming a global giant to die suddenly. Eric, who had been parachuted into the position of the person-in-charge of the China region, was the number one criminal. He had done a series of wrong moves to drag Finger Games down and give up victory.
That was almost certain and unavoidable.
After all, it would be impossible to know the intricate and complicated inside story if one wasn’t personally involved. They would only simply attribute the failure to the ability of a certain person-in-charge.
Eric had foreseen the infamy he would suffer, but so what?
My biggest opponent, Boss Pei, would understand my value. Perhaps that would be enough.
Eric watched Boss Pei gradually leave with such a mood. Then, he rolled up the window and prepared to embark on the return trip to Dayak Corporation’s headquarters to welcome his and IOI’s final fate.
Pei Qian felt even more melancholic after watching Eric leave.
Lighting a cigarette now would be more appropriate according to the plot. However, Pei Qian did not smoke so he did not bother with it.
From then on, he had one less true friend and brother.
To Pei Qian, his true brothers were all outside the company, in his competitors’ companies.
However, his competitors had decreased in recent years, and his good friends had naturally decreased.
What a sad story.
Pei Qian looked at his watch. It was already one in the afternoon.
It was about time to go back and take an afternoon nap.
He had just sat in the car when his cell phone rang.
“Eh? Why is someone calling me again?”
“Who loves work so much? It’s a Monday. I just sent my good brother away. I’m feeling sad!”
“Oh, my mom. That’s alright then.”
Pei Qian silently picked up the phone. “Mom, what’s wrong?”
His mother’s slightly anxious voice came through the phone. “I called you a few days ago to buy a house in the old industrial zone. Have you bought it?”
Pei Qian was a little speechless. “Mom, why are you in such a hurry? It’s only been a week.”
Mom: “I asked if you bought it or not. You didn’t buy it?”
Pei Qian: “…I bought it. I bought a 170 square meters unit from Auspicious Garden.”
His mother raised her voice an entire pitch. “Auspicious Garden?! Is your house fully paid or bought on loan? Have the procedures been done?”
Pei Qian answered truthfully. “Fully paid. The procedures are all done, I’ve the property certificate. I just haven’t found the time to renovate it. No, Mom, why are you asking so much?”
His mother seemed to have put the phone aside and said to the person next to her, “He bought it! He bought it! It just happened to be a unit in the Auspicious Garden District. It’s 170 square meters and he has obtained the property certificate!”
Pei Qian: “Mom?”
He felt like something was amiss.
After a while, his Mom spoke into the phone again. “Of course, I’m just afraid that the seller would change his mind halfway through the procedures! You’re busy with work and don’t know yet, right? Jingzhou’s new subway plan is out!”
“Mom has been telling you that you have to listen to professionals like Boss Li when it comes to investing. He must know things that ordinary people don’t!”
“Would they have bought buildings and shops there with great fanfare if they didn’t know in advance that the metro would be built there?”
The hand that Pei Qian was using to hold his phone froze. “Met… Metro?”
His mother said, “That’s right! The new subway plan has just been released on the internet. There’s a site next to the Auspicious Garden District! This house can be considered a metro house now. It’ll value would probably rise soon.”
“Tell me, if not for your mom, would you have gotten such a good deal? Just go and have fun!”
She sounded very proud of herself.
Pei Qian felt that something was amiss and quickly said. “Alright, Mom, I have to see what’s going on. I’ll hang up first!”
After hanging up, Pei Qian quickly went online to check.
Indeed, he found an official document: “Public Participation in Social Stability Risk Assessment of the Second Phase of Construction Planning for Urban Rail Transit in Jingzhou City”!!
It had the construction period written on it, from 2012 to 2017. In other words, it would be opened in five years at the earliest.
They also wrote a specific route plan.
There were a total of seven projects in the metro project this time. Some of them had little to do with Tengda’s current industry, but there were also a few lines that were closely related to Tengda’s current industry!
Pei Qian immediately saw the plan for metro line 7 in the upper right corner of the map. The last station would be near the Thriller Hostel!
The subway’s 7th line was a straight, curved line. It was a little like a mirror image of the number ‘7’. The eastern end of the line went straight to Thriller Hostel and then extended west. It did not set up a station directly at the snack market. Instead, it set up a stop at the south of the Auspicious Garden.
This station was a little far from the snack market and snack street. It would take about three minutes to walk.
The reason why the station was set here and not directly in the snack market or snack street might be in consideration for construction.
The construction of the metros would take relatively long. It would take five years to build it. If they directly set up the site at the snack street, it might affect the normal operations. What’s more, the shops there were denser. It might not be convenient to build it.
Moving north slightly so that it would be easier for construction. In the end, it just so happened to be shifted to the intersection of the south gate of the Auspicious Garden.
Then they connected Metro Line 7 westwards and southwards to the original Great World Shopping Mall. However, there would be an additional metro station exit at Golden Prosperity Square.
Great World was originally connected to the high-speed rail station through metro line 2. This was equivalent to taking the high-speed rail south station, changing at an interchange to reach the snack market and the Thriller Hostel.
Of course, they could also connect to the airport express rail through other routes.
In addition, there was an additional metro project along south metro line 4. There would be a new stop at Ming Yun Villas.
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Line 4 was also connected to line 2 and could reach the high-speed rail south station.
In the future, various E-Sports Clubs would have another choice in taking the metro from to the high-speed rail station other than by car.
There were only two lines directly related to Tengda’s industry, but there were also indirect ones.
Previously, Pei Qian had more or less deliberately avoided the existing metro routes when choosing locations for various physical stores.
The new metro naturally had to be fixed where there was no existing metro. It was inevitable that they would bump into each other.
Many branches of Fish-Catching Internet Cafe, Fish-Catching Take-Out, Sloth Apartments, Deposit Fitness, and other physical industries appeared along the new metro line.
He could not count exactly how many there were.
“What the f*ck…”
Pei Qian fell into a daze. He was struck by lightning!
Even though the metro had to be built over five years, it was not a particularly long time!
What’s more, Thriller Hostel and the snack market were connected to the metro. Traffic was more convenient. Several buildings in the snack market and Sloth Apartments were affected by the metro lines. The property prices would probably increase. The fixed assets would probably skyrocket during this settlement cycle!
Of course, he could not tell exactly how much it would increase. He would only know when the settlement began.
However, the explosion of fixed assets meant that the upper limit of the amount of money he could lose was reduced. What a huge loss!
If there was any good news…
It would be that the price of the unit in the Auspicious Garden should be increasing soon.
However, how much could one unit increase? What’s more, Pei Qian planned to live on his own. He had not intended to sell it.
Speaking of which, if his mother had not called, he would not have bought this house.
What was this?
Pei Qian adjusted the closed-loop slightly.
Li Shi had only decided that the land price was going to increase because Tengda’s snack market and Thriller Hostel were built near the old industrial zone and had bought shops near the snack street. Thus, he had bought shops crazily as well.
His mother had obtained ‘insider information’ from Fu Hui Investments’ employees. She felt that it would be right to buy a house following Boss Li’s footsteps, so she called Pei Qian and asked him to buy a house in that area for investment.
Pei Qian had not thought about investing in it at first. He had only bought it because he felt that it would be more livable if he bought a house near the snack market for his parents.
It seemed like Pei Qian was indeed the source of all of this.
The problem was that Pei Qian had never felt that this place would appreciate in value, and he had never thought about the metro.
How should he settle this?
All in all, it was double bad news!
The metro was about to be built after his good brother Eric left.
It was conceivable that GOG’s income would probably skyrocket in the future. The various physical industries in Jingzhou would probably also be doomed…
Pei Qian could not help but feel speechless and even a little regretful.
He would have bought one more unit if he had known earlier!
The snack market had been planned a few months in advance. It was too late to change it, but the unit was only bought a week ago.
What’s more, Pei Qian has more than three million yuan now. He would have been able to buy two units and sell one of them.
If that was the case, he would probably be able to make as much money as he would be able to earn from a settlement cycle…
‘Investment genius’ Boss Pei leaned back in his chair, speechless.
He had never felt worse!
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