The sell off wave is coming, and both groups of people will quickly flee the property market

Mondo Social Updated on 2024-01-30

Excessively high housing prices not only erode home buyers' savings, but also weaken their ability to resist risks, and even affect their parents' later life. However, at present, the domestic real estate market is going through a stage of adjustment, and there is a wave of sell-off in the second-hand housing market, which has also led to the acceleration of the escape of two types of people from the property market. The first type is speculators, who have felt the gradual weakening of the money-making effect, and the pressure to hold the house is increasing, so they have to choose to leave quickly. The second group is families with unstable incomes, who have experienced reduced income or unemployment after the epidemic, and cannot afford the mortgage pressure, so they can only choose to stop the loss of ** property. Although high housing prices are still a problem, what is more worrying is the ability to cope with the risks of buying a house and the pension security of parents. With the advent of the sell-off, these two types of people have accelerated their escape from the property market, and they can no longer bear the pressure of long-term adjustment of the property market.

Nowadays, speculators have chosen to leave the property market, and there are two main reasons for this. First of all, the property market has lost its money-making effect. Since the second half of 2021, domestic house prices have started to **, and in the past few years, the real estate market has ceased to be able to bring considerable profits to property speculators. Many property speculators believe that the real estate market is gradually losing the opportunity to make money. Secondly, the pressure on speculators to hold houses is increasing. The shift in the housing market has led to reduced income or job losses for speculators, which has further exacerbated the pressure on them to hold their homes. In addition, the cost of property fees, heating bills, and maintenance** also makes it even worse for tenants. In the face of these unbearable pressures, they have no choice but to quickly flee the property market.

In the past few years, many families have seen that people around them are buying houses, and blindly follow the trend out of the mentality of following the trend. At the time, they were optimistic about their future revenue growth. However, after the pandemic, these families have lost their incomes or lost their jobs, and they can no longer afford their monthly mortgages. At the same time, the price of housing has wiped out their down payment. For those families with unstable incomes, the only way to stop the loss of ** property is to lose money. They must grit their teeth and quickly get out of the property market.

High housing prices have forced homebuyers to empty their savings, become less resilient to risk, and threaten their parents' later years. However, the domestic real estate market is going through a period of adjustment, and there has been a wave of sell-off in the second-hand housing market, prompting speculators and families with unstable incomes to accelerate their exit from the property market. Speculators realize that the real estate market no longer has the opportunity to make money, and the pressure to hold houses is increasing, so they can only choose to leave. And those families with unstable incomes, due to declining incomes and loss of down payments, can only stop the loss of ** property. Although high housing prices are still a problem, what is more worrying is the ability to cope with the risks after buying a house and the pension security of parents. With the advent of the sell-off, speculators and households with unstable incomes are quickly fleeing the property market because they can no longer withstand the pressure of a long-term correction in the property market.

From the perspective of the development of the real estate market, the fluctuation of ** has always been a common problem. High housing prices are not only an economic pressure for home buyers, but also a psychological burden. Buying a property is a huge investment, and for most people, they may only buy a few properties in their lifetime. Therefore, the decision to buy a home needs to be carefully considered. The correction in the real estate market and the emergence of a wave of sell-offs have meant that many people have begun to re-evaluate the value of their properties. For those who are no longer bullish on the property market, leaving the property market may be a wise choice. However, for those who have been following the property market for a long time and have a steady income, the sell-off may be a good opportunity. They can choose to buy a prime property at the time of the price** for a better return on investment. In conclusion, changes in the real estate market can affect different people differently, and it is important to make informed decisions based on your own circumstances. Both home buyers and investors should make a reasonable choice on the basis of carefully observing the market.

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