30-Year-Old Man Buys 14 Flats To Retire Early, Then Sells Them For Dividend Stocks
After buying 14 flats in a bid to retire at 30, a landlord in China is trading rental headaches for stock market dividends.
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A 30-year-old former sales worker gave up on his 14 rental flats after finding landlord life too exhausting
According to the South China Morning Post, he has since shifted his capital into liquid dividend funds, striking a chord with burnt-out youths online.
Former healthcare sales worker Fan Junjie thought he had cracked the code to financial independence after spending over 2 million yuan (approximately RM1.23 million) on downtown properties in downtown Changsha, China, which he planned to rent out.
Trading gruelling 18-hour shifts for life as a landlord, Fan accumulated 14 laopoxiao, or dilapidated flats, renovating them to generate 210,000 yuan (approximately RM129,000) in annual rent
Managing demanding tenants, sudden repairs, agent fees, and property taxes quickly chipped away at his retirement dream, while softening real estate values added to his concerns.
Calling time on the strategy, Fan posted an update on social media on 26 October confirming his exit, declaring: "The prime window has passed."
Instead of haggling over broken plumbing, Fan is redirecting his capital into dividend funds and high-dividend stocks, prioritising market liquidity over physical property
Fan, who now travels across Laos, keeps his short-term cash in low-risk bond products and Alipay's money-market fund, Yu'ebao, while advising his followers to assess their own risk tolerance.
His pivot has struck a chord, garnering over 200 million views on Chinese social media, where burnt-out youths increasingly see index funds as a digital shield against the pressures of office life.
