In addition, although the peasants were given farmland, in the vicinity of Shanghai, where there are many people and little land, a peasant family can only get five acres of land. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 info planting five acres of farmland, even if you are diligent, you will earn fifteen taels of silver a year, one fifteen taels of tax, and a family will earn fourteen taels of silver a year, deducting the cost of agriculture, and the income will be about ten taels of silver. This kind of life is indeed much better than under the rule of the Qing court before, but it is not as good as being a soldier.

The Nanyang Company recruited a large number of people to go to the South Seas, and there were also recruits who crossed the ocean to the Americas, or went to Sakhalin Island and Temple Street in the far north, so in the area under the jurisdiction of the Qiongzhou Army, the most valuable thing was people, and the military salary of the Ming Army was also relatively high, so it was necessary to recruit a large number of people.

In addition to joining the Ming army, there are also some gentry in the Nanyang Company escort team who want to go to Nanyang to do business, and they also need to recruit escorts to join the escort team, and the salary is more cost-effective than farming.

With the emergence of a large number of factories in Shanghai, the local people have found a good way to make money: go to work in the factory!

An ordinary worker can get a monthly salary of one or two halves of silver every month. If you are skilled, after becoming a skilled worker, your monthly salary can rise to five taels of silver. And some particularly high-tech senior skilled workers can even get a monthly salary of thirty taels of silver!

Going to work in a factory is much more cost-effective than farming!

Even if they were eliminated because they did not meet the conditions when they went to recruit workers, the peasants had other ways: they could join the railway soldiers or join the construction engineering team. Needless to say, the railway soldiers have the imperial food they eat, the military salaries they get, and they don't have to worry about food and clothing. Participating in various construction engineering teams, the salary is not low, and it is similar to going to work in a factory.

As a result, the peasants sold their land, either to join the army, to work in factories, or to join the railroad soldiers, or to join various construction engineering teams.

The peasants who had their own land sold their land to Yao Tingxuan, the prefect of Shanghai, to engage in other industries, not to mention those tenants who relied on renting land, many of whom gave up farming and became soldiers, railroad soldiers, industrial workers, and construction workers.

There were fewer people farming, land rents became cheaper, and the small landlords near Shanghai were about to lose their livelihood and sold their farmland to the Shanghai government.

Due to the war and various other reasons, the price of farmland fell to five taels per acre. In order to encourage peasants and small landlords to sell land, Yao Tingxuan raised the price to eight taels of silver per mu of land.

Anyway, in order to build Shanghai, Wang Xinyu allocated a lot of construction funds to the Shanghai government, and Yao Tingxuan had the silver at his disposal. He bought a large amount of farmland, and some of the farmland planned as a residential area was built by him, and sold to businessmen who came to Shanghai to invest in construction, and many workers also needed to buy houses in Shanghai because they made money.

Yao Tingxuan spent 80 taels of silver to buy 10 acres of farmland, and on 10 acres of farmland, he built a five-story standard residential building. Ten acres of land can build ten five-story residential buildings, the cost of each residential building is 350 taels of silver, 10 residential buildings a total of 3,500 taels of silver, plus the cost of land purchase, plus other expenses, the total cost of a residential area covering an area of 10 acres is about 3,800 taels of silver, a total of 200 residential houses.

When these houses are sold, a house can be sold for forty to sixty taels of silver, and according to the average price of fifty taels of silver for a set of houses, a residential area covering an area of ten acres can be sold for ten thousand taels of silver!

With this entry and exit, Shanghai Mansion can earn more than 6,000 taels of silver from a residential area of ten acres of land!

The farmland that was used to plan to be used as a factory was taken out by Yao Tingxuan and auctioned off to businessmen who came to buy land and prepare to build factories. The sale price of these farmlands is much higher than the purchase price, plus the construction of the project, etc., ten acres of industrial zone land, about 2,000 taels of silver.

After the Shanghai government had the money, the money was first invested in infrastructure construction, such as the construction of the cement road on the Bund, the construction of Nanjing Road, and the construction of the Wusong Railway. The rest of the money was used by Yao Tingxuan to build Nanjing Road Commercial Street.

The price of the commercial street is more profitable than that of the residential building! A commercial area covering an area of ten acres of land, after building a commercial building, sells it to a merchant, and ten acres of land can earn 15,000 taels of silver to 20,000 taels of silver! In this way, the Shanghai government made a lot of money just by buying land, building houses and selling houses.

As for the source of silver, there is no need to worry at all, because after the Ming army recovered Jiangnan and lifted the sea ban formulated by the Qing court, a large number of gentry who had been running sea trade in the Ming Dynasty returned to their old business again and started sea trade to make money.

Although there was a sea ban in the Ming Dynasty, it was actually the Ming Dynasty's own government fleet that was banned! The gentry and magnates on the southeast coast were secretly engaged in maritime trade under the guise of the imperial court. Some of the gentry's fleets had various ties to piracy. In addition, there are also some pirates who have made a fortune because of smuggling, such as Zheng Zhilong and the like.

The Qing court's sea ban was different, it was a real piece of sail that was not allowed to enter the sea, plus the swing of a butcher's knife, killing a group of gentry, and completely closing the door to the open sea.

When the Ming army regained the lost territory, it simply openly implemented the maritime trade policy, and a large amount of silver continued to flow in from the Americas.

With the Shanghai government buying land to build houses and selling houses, Shanghai's land prices have soared rapidly, from eight taels of silver per mu of land four years ago, all the way up to the current high price of two hundred taels of silver per acre of land, and in four years, the land price has risen more than 20 times! In commercial areas such as Nanjing Road and the Bund, the land price has risen to a sky-high price of 1,000 taels of silver per acre!

Seeing the soaring price of land, those farmers and small landlords who had sold their land before have repented, but their land has already been sold, what else can they do? Fortunately, most of them have bought one or more houses in Shanghai, and the prices of those houses have also soared, from the original average price of a house of 50 taels of silver to the high price of a house of 600 taels of silver.

But land prices in Shanghai continue to rise, and it won't be long before the city becomes scarce. But the rapid development of commerce has also made the city richer.

In fact, Wang Xinyu deliberately allowed land prices to rise, which was also a means of attacking the gentry class. When the price of land rose, the gentry saw that the income from collecting land rent was far less than that from selling land, so they would sell their land one after another. Next, Wang Xinyu's next plan is to start issuing banknotes and buy land directly with printed paper, which is a business.