This reminded Cheng Zongyang of homesteads.
The land belonged to the state, but the house was your own. As long as the government didn't expropriate it, living there for several generations, or even a dozen, wasn't an issue. It was unlike those commercial properties with seventy-year leases, after which the house was basically no longer yours. You could renew, sure, but it would cost you.
Besides, those reinforced concrete buildings of average quality could hardly last seventy years anyway. After thirty or forty years, they'd probably be declared old, hazardous buildings. What happened next would depend entirely on the policies at that time.
But back to the matter at hand, Cheng Zongyang walked out of the main hall, holding his "property deed."
From now on, that house was his.
"Congratulations. You're now a resident of Zi'an County. With this matter settled, our business relationship comes to an end."
