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Reaching the age of thirty, my income randomly doubled-Chapter 824 - 629: The Warmth of August
2020.
The entire new energy market is still primarily in the red.
Some car companies are losing money because of poor sales and high costs.
Others are simply burning through investors’ money, while management is lining their pockets.
Payouts and kickbacks are collected in full.
After Chang Fu paid back Song Yanxi, he pretty much decided to give up on making a serious effort in the traditional medicine and wellness sector.
Given his current situation, all the money he previously invested is likely to go down the drain.
And he’s not going to invest any more funds in this endeavor.
Finding a golden opportunity doesn’t guarantee success—it’s two entirely different things.
When Chen Pingsheng got home, his wife returned around the same time, but she brought a friend with her.
This woman came from an extremely prestigious background, and Chen Pingsheng knew her.
An only child who avoids both the corporate world and government systems, and prefers dabbling in niche music.
"Honey, Jiayi’s here. Come sit with us!"
Xu Jiayi’s family background is so clandestine that you won’t even find her parents’ names in the news.
Her grandfather’s generation is even more legendary—heroes who crossed the Grasslands and commanded horses.
"How come you two came back together today?"
"Jiayi wants to hold a small music event in Magic City, so she was visiting me to discuss it."
Song Yanxi is now acquainted with many second-generation and third-generation elites—whether in politics or business, she has connections on both fronts.
Her social circle is vast in terms of breadth but quite tiny in actual size.
In a word, it can be summed up as exclusively rich or influential.
Xu Jiayi smiled gently and said, "I hope I didn’t intrude by coming over abruptly. My grandfather specifically asked me to visit you during my trip to Magic City."
"Your grandfather wanted you to come?"
Chen Pingsheng didn’t think she was lying but asked curiously, "Did your grandfather tell you anything specifically?"
"What could he tell me? Just to pay your family a visit. You’re such a busy person now that I only get to see you once or twice a year when you’re in the Capital City."
"You’re always traveling around year-round. Couldn’t you just come straight here when in Magic City?"
Chen Pingsheng refrained from delving into the topics these women were discussing.
After he left, Xu Jiayi shared a lot of inside information with Song Yanxi.
These were things that would never appear on the news and could only be discussed privately.
Shared knowledge among the small, elite circles.
Overall, this year’s situation appears challenging and even shows signs of worsening.
The higher-ups seem quite anxious, churning out one supportive policy after another for the real estate sector.
Previously, the worry was housing prices rising too quickly; now, the concern is about them dropping too fast.
Whether prices rise or fall, stability is the ultimate goal.
Real estate itself has become a barometer, along with one other pressing issue: Xu Pidai has already been restricted.
The information isn’t public yet; if he manages to secure delivery on the housing projects, things might turn out better.
But if he fails, he’ll undoubtedly face travel restrictions.
The reason why this crisis hasn’t erupted yet is its highly intertwined circumstances.
It could also provoke severe skepticism toward the real estate industry among the public.
Regardless, the fact remains that his situation has come under intense scrutiny.
Although Chen Pingsheng hasn’t intentionally dug into the details, relevant information still reaches him through various channels.
These matters can’t be concealed, especially not from people like him.
After Xu Jiayi left, Song Yanxi went back to her room and told him quite a number of villagers had bought Hengda properties.
The current situation likely means they’ve wasted half a lifetime’s hard-earned savings.
"Honey, where do you think housing prices will head eventually?"
"Where could they go? Outside of those with genuine essential needs, who would still want to buy this stuff? Those who speculated on housing before might hold onto a shred of hope, waiting for the government to bail the market out. Reality has proven they’re just dreaming."
"Are you saying the government won’t intervene?"
"Intervene, sure. But intervention doesn’t mean much. The biggest problem right now is that there’s no one left to buy! Once there are no buyers to pass the baton, housing becomes a high-priced, stagnant asset. No matter how many policies are introduced, it’s all futile."
Well... fortunately, their family had sold off their properties early. Whether steel-and-concrete prices rise or fall now, it doesn’t make much difference to them.
The real difficulty is that once housing becomes hard to sell, many industries will backslide.
The next day, Song Yanxi specifically attended the small music event organized by Xu Jiayi in Magic City.
Xu Jiayi’s online fame is minimal and can be described as "tiny." Regular fans wouldn’t have the faintest clue about her family background.
Compared to that actress who constantly boasts about her grandfather, Jiayi is genuinely low-key.
She doesn’t really have a choice—just like the restrictions on Chen An’an when she creates short videos. Their families also wouldn’t let her become famous.
Er Ya, on the other hand, still isn’t allowed to show her face. These are all rules set by their families.
After Xu Jiayi’s music event concluded, she privately gathered with Song Yanxi and others.
The gathering was among Magic City’s top-tier wealthy women. When these ladies get together, they definitely don’t talk about luxury goods.
That’s the kind of thing people in "socialite training classes" do. These women, however, often discuss topics like national policies or the global economy.
Take one of the women, for example—she sold off almost all of her family’s properties back in 2019. Now, her passion is global gold trading.
She’s been hoarding gold bars on a massive scale. Another one has shifted her family money to Vietnam, investing in land and buildings there, hoping to replicate the domestic real estate miracle.
It has to be said that the less money someone has, the louder they proclaim their patriotism online.
But for people who are truly wealthy, any sign of trouble prompts them to move their money into overseas investments.
Many even transferred their household registrations abroad.
Years ago, these women were among the earliest beneficiaries of the real estate boom. Now, they’re also the ones running the fastest when trouble looms.
Although they’re frequently criticized online, out in the real world, everyone who crosses paths with them is bowing in servitude.
Song Yanxi attended the event only as a favor to Xu Jiayi; she was the first to leave when time was up.
Their family’s Jinshan Super Villa was still the most comfortable place to be, especially in summer. A breeze in the evening felt exceptionally pleasant.
She noticed Er Piya came home quite late and scolded the little girl a bit. Er Piya didn’t dare talk back.
When her mom scolded her, she obediently took it.
As soon as her mom walked away, she wiggled her chubby chicken-like butt and thought, "What did Mom just say?"
"Why do I seem to have forgotten already?"
Er Ya was just like this—severely selective about what she remembered.
As for Little Third, Chen Lu, he’d already invited Su Xiaoxi over to play at home.
He didn’t cry or fuss anymore; whatever the little girl told him to do, he did.
The kid’s already a total bootlicker at such a young age.
Luckily, he’s still young, so it doesn’t matter much for now. Once he grows up and continues this behavior...
It might just drive Song Yanxi mad.
The little guy was thoroughly enjoying himself now.
But his mom was thinking about separating him from Su Xiaoxi, at least putting them in different classes at school.
With Chen Lu’s family background, if he grows up and brings home a ditsy, overly dependent "sweetheart"...
Song Yanxi would certainly oppose it.
Her reason? The meticulously nurtured son won’t be allowed to end up with someone who needs constant hand-holding for every little issue.