Recently, a colleague was worried about his son's upbringing. He said he felt particularly powerless and helpless. Although he was worth tens of millions of dollars, he actually lived at the bottom of society in Shanghai.
01. Being knocked down by the school district
This colleague, 36 years old, was admitted to Shanghai Jiaotong University as the top student in Zhangjiagang College Entrance Examination. In 2008, with the help of parents, a down payment of 600,000 loans, 1.2 million yuan, purchased an old and dilapidated elevator house in the golden section of LaoJing'an, Shanghai. A family of five people and three generations live together, and the current market value of real estate is about 9.5 million. His family's annual income is about 300,000 yuan, and the loan has been repaid.
His son will go to elementary school the next year. As a former hegemony, he did not want his children to go to vegetable farm elementary school. At the beginning, he lost in the starting line. The generation is inferior to the generation. What he sees is LaoJing'an's first echelon school attached to Jing'an, a nine-year school with a consistent system, which can save the trouble of elementary school in the future by working hard once and for all.
Fang Haifang Village, a school district opposite Jing Jiao School, is currently the cheapest one-room household with a total price of 27.5 square meters, 6.1 million and a unit price of 220,000 per square meter.
Because he had a loan record, he had to pay 70% down for the school district house, plus taxes and fees, which required at least 4.5 million cash. The money was astronomical for him, and the only way to go was to sell his own house and replace it with a school district house.
Recently, he came to me and asked me to help him with the whole process. His plan is as follows: sell 9.5 million of the only self-housing, buy 6.1 million 27.5 square meters of School District Housing registered and rent, after deducting rent, the monthly supply will be about 12,000 yuan. After deducting monthly supply and living expenses, it should be possible to save several thousand yuan a month. The rest of the money is for a 60-flat two-room, one-hall old and shabby, crowded family of three generations and five people. Because the old people have to pick up the children, they have to live with them. Wife can't accept that the living standard is getting worse and worse. For the school district, the contradiction between husband and wife has intensified several times.
Originally, the per capita housing construction area of their family was 20 square meters, far from reaching the average level of 37 square meters in Shanghai. Now, for the future of their children, after replacing the school buildings, once they return to the pre-liberation period, they will be waiting for their life of 12 square meters per capita.
After listening to his careful plan, I couldn't refute it. I deplore his courage, I am deeply moved by his misery and helplessness, and his unremitting efforts and struggles after he has seen through the essence of this society.
This is the miserable life of an ordinary multimillionaire living in Shanghai, a first-tier city in China.
02. Poor and lower middle peasants
In the 1980s, ten thousand yuan of households were the dragons and phoenixes among the people, and women were bound to marry.
In 2000, my mother-in-law asked for a house, a car and a mother-in-law.
Now, the best way to choose a son-in-law is to have a small target of 100 million yuan, which is equivalent to the poor middle peasants.
In the urban area of Shanghai, the unit price of a house with good location and quality is about 100,000, and the lowest price of a dilapidated non-school District in the city centre is 70,000. Ten million, but also just a decent and not shabby ordinary housing.
In fact, the quality of life and comfort of Shanghai is far lower than that of the second-tier cities. Because of the factors that determine the quality of life, such as wages, business prosperity, transportation convenience and environmental comfort, Shanghai has no advantage over the second-tier cities at all. Income is more than half that of the second tier, but house prices are five times that of the second tier.
After living in Shanghai for seven years, one of my college classmates moved to Chongqing. In 2015, with 2.2 million yuan in Guanyin Bridge, Chongqing, he bought a 260-square-meter triple-storey duplex and brought 50-flat terraces for fish and tree cultivation. Last year, when he returned to Shanghai on business, he once again scoffed when he saw the small community he admired so much but could not afford. He said that no one in Chongqing had ever bought a house of this quality.
In Shanghai, these so-called multi-millionaires live carefully and dare not waste extravagantly. You can eat at home, you can never eat in restaurants, you can make it yourself, you can never order takeout. Any expenditure is quickly converted into a fraction of the monthly supply subconsciously. When courtesy is reciprocal, if you can hide, you can hide. I congratulate you on your marriage, but you'd better not invite me. I wish you well, but you'd better tell me later. Not to mention financial freedom, the freedom of vegetable farms and fruit stalls are far from being achieved. Look at a box of 100 pieces of Cheli, and finally choose a bag of 10 pieces of small oranges.
In Shanghai, these so-called multi-millionaires work conscientiously for fear of being fired by their bosses, making money to repay loans and saving money to buy houses. They are always busy and busy. The only motivation for them to keep going is to try their best to keep their children from buying houses in the future.
If you meet a multimillionaire in Shanghai, please don't admire him, don't laugh at him, please comfort him from the heart and sympathize with him.
In Shanghai, the so-called multimillionaires are actually "rich people" whose quality of life has not improved. Sadly, they live in 10 million houses, but still live a poor life!
03. Food and clothing line
In Shanghai, the standard of living is not determined by income, but by the number of houses, because in the face of housing prices, income is insignificant. There are more houses than children, which is the eternal pursuit in Shanghai.
Shanghai indigenous families, on the premise that both parents have housing, buy a home for marriage and a second one for children's school district. For indigenous people, they need at least two apartments.
New Shanghai immigrant families buy a home for marriage, a second one for parents-in-law, and a third one for children. For immigrants, at least three apartments are needed.
Therefore, one set of aborigines is food and clothing, two sets are well-off, and more than three sets are wealthy. One set of immigrants is to settle down, two sets are to eat and clothe, three sets are to be well-off, and more than four sets are to be wealthy.
In Shanghai, 10 million people are just a food and clothing line. And the value of tens of millions of people is in fact just pure need and pseudo-rich people struggling on the food and clothing line.
04. Initial demand
For Shanghai millionaires on the food and clothing line, the most anxious thing is not the promotion of their careers, not the overdraft of their bodies, but the education of their children and the pension of their parents. Because, for the weak family, seemingly stable and bright life, in fact, can not withstand any wind and rain.
Children go to public school districts, private tuition and fees, counseling classes that exceed their wages, and surgery for parents who are sick, all of which can shake the small family. If we encounter another economic crisis, lay off workers, ordinary life immediately unsustainable.
Why is Shanghai's birth rate so low? Why is Shanghai's marriage rate counting down in the country and divorce rate ranking first? Because children are money crushers, because the cheapest way to improve the quality of life is to remain single all the time.
These multimillionaires are in the prosperous city and modern society, but they are always struggling to solve the original living needs. Their life savings are not for themselves, not for children, but for banks and developers.
Fortunately, they live in Shanghai, an open, inclusive and miraculous city. Sadly, they live in Shanghai, a luxurious, expensive and unfriendly city.
Shanghai's millionaires who are still struggling on the food and clothing line, by 2020, I hope you can keep up with the pace of the people of the whole country and work together to enter a well-off society!