This shows that the housing prices vary greatly from place to place, and for our country, the housing prices in some areas are really ridiculously high, and it is difficult for ordinary people to buy them after working all their lives. The only thing that is the same everywhere is that the enthusiasm for real estate speculation is very high.
First of all, the salary difference of KFC working in different countries and regions is also very large. The price of labor is different in different regions. For this Australian guy, when he was working, his overall salary was relatively high, so in such a case, he was able to have enough funds to save the initial purchase capital for himself, and when he bought a house for the first time, he didn't buy a house directly, but bought a piece of land. More importantly, he didn't buy the land in full, but paid it according to local policies.
Then a dramatic event happened, and the local house price soared all the way, and the overall price of his piece of land also doubled. Under such circumstances, he originally needed to spend a lot of money to buy a house, but now he has bought the corresponding land in advance, so for him, he can directly resell the land, and then he can have a lot of cash, plus the income he earned from KFC this year, as well as him.
this story sounds particularly magical, but its reference significance for us is very limited, because it is impossible to get rich overnight through real estate speculation, and the real estate market will gradually return to a normal industry. It is also very difficult to make huge profits from real estate, and it is unlikely to increase several times, because our control over the real estate industry has always been strict.