In China, buy and saveBanksIt has always been the main investment channel for ordinary people. However, with the adjustment of the real estate market andBanksWith the decline in deposit interest rates, people will continue to deposit 1 million yuan in their handsBanksOr buyPropertyThere are more doubts and entanglements. Buying a house can be enjoyedPropertyThe potential for appreciation, and existsBanksPrincipal and a certain amount of interest income can be guaranteed. So how should we make a decision when faced with this choice?
Proponents of buying a house believe that although the current real estate market is in a downturn, various favorable policies are frequently introduced, and there is a high probability that the real estate market will recover in the future. In contrast,BanksDeposit rates are constantly falling, and yields are getting lower and lower. Therefore, if you have spare money in hand, it is relatively cost-effective to buy a house. However, there are also those who believe that in the context of the current real estate adjustment, the futureRoom rates** is a high probability event, choose to deposit moneyBanksIt is a relatively safe decision, at least the principal and interest are guaranteed.
Although there is support for buying a house, we are more inclined to continue to save on this issueBanks。Here's why:
Buying a houseHigh cost: currently all over the countryRoom ratesIt is very high that the 1 million yuan in hand is difficult to buy satisfactory in a big cityProperty, often need toBanksloans, which means that they have to be repaid every monthBanksof mortgages. Once you experience a decrease in income or unemployment, life will become more difficult. In contrast, deposit interest can make life easier, with at least 20,000 yuan of interest per year, which is also a good choice to subsidize the family.
2.Buying a house against the trend is risky: whether it is suitable to buy a house depends on the trend of the real estate market, and it is necessary to avoid going against the trend. Currently all over the countryRoom ratesContinuously**, put money inBanksMore cost-effective. AlthoughBanksThe interest rate on deposits gradually decreases, but the principal is guaranteed. Buying a house at a high price is at risk of shrinking assets. According to statistics, many in 2019 to 2021Buying a housefamily, now connectedDown paymentAll are losing money. Deposits are at most facing asset depreciation, whileBuying a houseThe result of a high probability is a shrinkage of assets.
Real estate bubblesTo be digested: all over the countryRoom ratesThere is a large bubble and there is a lot of downside. At the same time, the deposit rate is already close to the bottom zone. At present, the second and third-tier cities in ChinaRoom ratesThe ratio to income is about 20-25, which means that local residents need to work for 20-25 years to afford a house. and first-tier cities such as Beijing, Shanghai, and ShenzhenRoom ratesThe ratio to income is about 50-60, and it takes 50-60 years of work to buy a house. This kindReal estate bubblesEventually, it will return to the residential attributes. If money is depositedBanksand ensure that the principal is not lost, waitReal estate bubblesAfter being squeezed dry, againBuying a houseBuying a houseThe cost will be significantly reduced.
After considering the above factors, our advice is to continue savingBanks。Although some will think that the currentBanksInterest rates are low, and while the housing market is still being driven by positive news, now is a good time to buy a home. However, for 1 million yuan in hand, in a big cityBuying a houseIt means that the debt pressure increases, and you need to face a huge amount of repayment pressure every month. In addition, taking into account the current trend of correction in the real estate market, bucking the trendBuying a houseThere is a high probability of losing money. In contrast, deposit moneyBanksMore secure. It is worth mentioning that all over the countryRoom ratesGenerally high, if you deposit money firstBanks, to beRoom ratesFall back and buy again, will be able to reduceBuying a houseCost, why not?
To sum up, despite having 1 million yuan in hand, we are more inclined to continue to save for the choice of buying a house and depositing in the bankBanksBuying a househigh costs, risks associated with real estate correction trends, andReal estate bubblesFactors such as to be digested are allowed to continue to existBanksMore realistic. Of course, everyone's situation is different, forBuying a houseOr saveBanksThe choice can vary from person to person. But taking into account the risks and benefits, depositBanksIt's a more secure choice. No matter which investment channel you choose, rational judgment and prudent decision-making are necessary. Ultimately, we want everyone to be able to make decisions that are right for their situation and achieve sound financial planning.