The Rise of Australasia

"Damn it! Why are New York’s housing prices skyrocketing like this? The lowest price is 2,000 US dollars. How long do I have to work to save up that 2,000 dollars?"

"If I can’t buy a house this year, who knows how high the prices will go next year. Is this even a life that people can endure? I beg God to take away those damn capitalists. This is truly a hell for ordinary people!" Inside a coffee shop in downtown New York, a well-dressed employee complained bitterly.

"All right, Hank, this is the seventh time you’ve complained today," a coffee shop employee said, bringing a cup of coffee to the table next to her, and then teasingly said to the man named Hank:

"If you ask me, you might as well take all your savings and invest in real estate stocks. Scott Real Estate’s stocks are rising daily, and it’s not impossible to make a few hundred dollars if you’re lucky."

"I wish I could, Donny. But don’t you think the stock market in New York is too crazy? As long as it’s real estate, the stocks are rising. Doesn’t that clearly indicate a problem?" Hank shook his head, rejecting Donny’s suggestion to invest in stocks.

"Then drop this damned subject, Hank. Why not talk about your work?" Donny, having finished his tasks, sat opposite his friend Hank and proposed with a smile."

"Oh no, that topic is even worse than today’s weather. I don’t like today’s smog, and I like that damn job and that stingy boss even less." As he spoke about his work, Hank opened up and ranted non-stop.

The United States is a capitalist country through and through, and the exploitation of ordinary people by capitalists is quite brutal.

And don’t compare it to the United States of later generations, which at least has some achievements in terms of human rights and democracy and doesn’t appear so cruel on the surface.

Currently, human rights development isn’t so official, and the only way for people to declare their rights is to initiate protests against the government.

"Enough already, you," Donny said, somewhat impatiently shaking his head, quickly cutting off Hank’s long-winded rant, somewhat annoyed: "You didn’t come today just to vent to me, did you? I don’t have time, I’m busy with work, and if I get a complaint, that would really be the end."

"Damn it, aren’t you worried about New York’s housing prices? Based on your income, it would probably take you more than ten years to buy a current apartment, right?" Hank asked, somewhat puzzled, as his friend should not be without any sense of urgency. After all, with housing prices continually rising, it is people like them, who have not yet bought houses, who should be the most concerned.

"Didn’t I tell you? I bought a large amount of real estate stocks as soon as they went up, and I’ve already made a decent income. Based on the trend of the real estate stocks, I’ll be able to buy a house in a few more months," Donny said, smiling mysteriously, not at all worried about being unable to afford a house.

Regardless of whether there’s a problem with this surge in real estate stocks, as long as it brings income, Donny sees no issue with it.

After all, everyone is just an ordinary person; making money is the real deal. Whether there’s a problem or not isn’t something ordinary people can determine.

"All right, you’ve got a point. So, how much have you made from stocks now?" Hank, who originally had no intention to buy stocks, was swayed by his friend. Instead of worrying about the potential issues behind the stock market, it’s better to take advantage of this rare opportunity to make some money.

Money in hand is real; and instead of worrying about unconfirmed issues, it’s better to pad your wallet a bit thicker.

"I put in over 800 US dollars, and my income should already be over 500 US dollars. You wouldn’t listen to me to get in early. Based on your savings, your income would definitely not be less than mine," Donny said with a laugh.

Even though he joined the real estate stock market late, he still made a large sum of income. If you turned 800 US dollars into 800 million, doesn’t that mean a profit of over 5 million dollars in such a short period of time?

Hearing his friend Donny say this, Hank had no doubts and even began to regret not entering the stock market sooner.

"Damn, is the stock market still open now?" Hank asked eagerly.

"Of course. I recommend you buy Scott Real Estate. It’s been rising for over a month now. It’s alright to hold short term," Donny nodded with a smile, not mocking his friend’s sudden change of heart in the least.

After all, making money isn’t embarrassing.

This scene was playing out all over New York, with many people who had had no thoughts about the stock market beginning to waver in front of the high incomes their friends and relatives were making from it.

According to records from the New York Stock Exchange, from the end of May to early June 1926, real estate industry stocks rose by an average of 133.2%, with the highest single day increase being 19.1%, setting a record for all stocks.

And within less than half a month, thousands of real estate companies went public in an emergency, the majority of which saw significant stock price increases. ṙаꞐＯ฿ÈṠ

How exaggerated are the stocks of the real estate industry in New York? Any qualified registered real estate company, once listed on the stock market, would generally increase by forty to fifty percent.

These real estate companies had not even announced any construction plans for their properties; simply by joining the stock market, their market value would soar by a large margin.

Large numbers of capitalists saw the benefits and flocked to the stock market, which made real estate stocks extremely exaggerated. Every single real estate stock was snatched up by buyers, often at a premium. Explore more adventures at

Driven by real estate, industries related to it, such as steel, cement, bricks, glass, electrical wires, and appliances, saw their stock values continuously rise, even achieving gains day after day.

This period was affectionately termed by the American people as "Crazy May," with everyone bragging about earning in half a month what would normally take several years, attracting even more people to pour into the stock market.

The unceasing bullish trend of the stock market brought massive changes to the United States, at least within New York, where the way people greeted each other shifted to a standard "Has your stock gone up?" or "Have you bought stocks?" Conversations could not steer away from stocks since the daily income from them had surpassed the income from working.

Such a situation had deviated from the norm, because as crazy as it might be, it was impossible for stocks to maintain growth over a long period, let alone such significant growth over such a long time.

Half a month later, it was still the same familiar coffee shop.

Hank no longer had a troubled expression but was sipping coffee with a contented smile, and said to Donny, "Thanks, buddy. Without you, I wouldn’t have been able to make this much money, which is a lot more rewarding than working."

Donny, curious, promptly pressed, "Buddy, how much did you invest?"

Hank smiled and held up a finger, revealing a mix of pride and smugness as he declared, "I put all my savings into it, a full 1,000 US dollars."

"Damn, given the recent increase in the stock market, you must have made at least double that!" Donny envied his friend, who despite joining the stock market later, had more principal and thus earned more.

"Cut it out, Donny. Don’t I know you? Looking at the recent surge in Scott’s real estate, you must have earned more than me, perhaps 2,500 dollars including profit?" Hank shook his head dismissively, addressing Donny who was still pretending to be poor.

"Speaking of which, Hank, when do you plan to call it quits?" Donny inquired with a hint of curiosity.

Initially, it was because Hank was cautious that he missed the best opportunity to enter the stock market.

Now, having earned enough to buy a house, Donny was very curious about when Hank would end his involvement, cautiously exiting the now frenzied stock market.

"Let’s wait and see for a while longer, buddy. The way the real estate market is rallying right now, 2,000 dollars’ worth of stock is yielding an income of over 20 dollars a day, which is just insane! God wouldn’t forgive me for missing such an opportunity, it’s practically the best gift God has given us," Hank said with a light shake of his head and a smile.

"But didn’t you say there was something wrong with the increase in the stock market? Aren’t you worried that one day—" Donny stopped short of voicing something inauspicious, after all, as stockholders, they certainly wanted to see their stocks continue to rise.

"It’s true, but the stocks have been rising for a month straight now, how could they possibly stop tomorrow? Buddy, nobody is leaving the stock market at the moment. Missing out on such a great money-making opportunity would be truly heartbreaking. My demands aren’t high, just to make enough for two houses, one to live in and one to rent out, that’s all I need," Hank said with a laugh.

The market price for a house was around 2,000 dollars, so two houses would cost about 4,000 dollars.

For the average person, just earning enough for two houses in New York City would suffice for living.

After all, houses were still appreciating in value, and the other house would be an investment, which could bring in more income when it became valuable enough in the future.

"That’s a really good idea." Donny nodded, speaking openly to his friend, "I had pretty much the same thought. The thrill of making money on the edge of a knife is truly exhilarating.

Since the initial investment was only 800 dollars, if I can make a lifetime’s earnings from this, then it is an opportunity no one should miss.

By then, there would be no need to work for those greedy capitalists. Isn’t it better to start our own enterprise, earning money for ourselves? The freedom of that thought is exhilarating."

Hank nodded as well, as the two who were both dissatisfied with their bosses’ exploitation undoubtedly shared the same stance.

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