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Speculate in real estate

Speculate in real estate

Recently, according to the news report: Li Hongzhi sold a house in New Jersey in the United States, online quote of $2 million 390 thousand, equivalent to 16 million 140 thousand yuan, the residential area of 676 square meters, has 7 bedrooms and 9 bathrooms. However, looking through the transaction records, we found that the property was purchased by Li Hongzhi's wife Li Rui in May 14, 1999 for $580 thousand. Looking down, Li Hongzhi netted $1 million 810 thousand. According to the United States now prices: Starbucks coffee, 2-4 U. S. dollars / cup, 1 million 810 thousand U. S. dollars can buy 905000 cups; beef: 2 - 4 U. S. dollars / kg, 1 million 810 thousand U. S. dollars to buy 905000 pounds. My dear, how many years of beef can the Li Hongzhi family eat? I can't figure it out. In short, lots and lots. Of course, the Li Hongzhi family has more than ten properties in the United states.

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