In recent years, the general trend of the downward trend of the property market has emerged. The main reason is that there is a serious surplus of commercial housing in China. Coupled with the influence of many factors such as aging, young people not marrying, and declining birthrates, the property market has lost its momentum. The strong stimulus of the policy cannot reverse this trend, indicating that the property market has undergone a radical change. In the future, the property market will continue to be in a downward state.
In this case, property developers face a severe test. In the past, the lucrative nature of the property market attracted a large number of developers. However, as the market changes, those developers who do not have the strength will be eliminated by the market. Economist Ren Zeping even **, 90% of real estate companies will disappear in the future. This ** is not alarmist.
As the downward trend of the property market is irreversible, this will affect different types of housing. Large-sized commercial housing** will remain at a high level, while small-sized units may depreciate. This will lead to a clear "polarization" of the property market.
With the adjustment of the property market, real estate developers are experiencing a large-scale reshuffle. In the past, the lucrative nature of the property market attracted a large number of developers. However, as the market changes, those developers who do not have the strength will be eliminated by the market. Even "cosmic" real estate companies like Evergrande and Country Garden have had problems.
Economist Ren Zeping mentioned in the "Top Ten Chinese Economic Enterprises in 2023" that 90% of real estate companies will disappear in the future. The realization of this ** will have a far-reaching impact on the property market. The market will be further concentrated in the hands of capable developers, and those who cannot cope with market changes will not be able to survive. This will also promote the adjustment and development of the property market to be more standardized and standardized.
Recently, China adopted the "Guiding Opinions on Planning and Construction of Affordable Housing", which plans to carry out pilot projects of affordable housing in 35 cities with a population of more than 3 million in the next five years, providing 6 million units of affordable housing. This will lead to a clear "polarization" of the property market.
On the one hand, large-scale commercial housing** will remain at a high level. This is mainly due to the relatively small number of large-scale commercial houses**, which are still highly attractive to some high-income groups. On the other hand, the value of small commercial houses may depreciate. This is because the ** of affordable housing will attract some families who originally had a strong desire to buy a house to choose to give up the house purchase plan and choose to apply for affordable housing. This will lead to a relative increase in the number of small houses, which will put some pressure on them.
To sum up, from the current point of view, there are roughly the following three possibilities for the property market in the next five years: the downward trend of the property market cannot be reversed, real estate developers usher in a major reshuffle, and the commercial housing market is "polarized". For individuals, there should be a clear understanding and make wise judgments and decisions. When buying a house, you should choose the right type and timing of the house according to your own financial strength and needs. At the same time, we also expect the adjustment and development of the property market to be more healthy and stable, and provide people with a better living environment and services. Let's look forward to the development of the property market in the future and create more opportunities and choices for our lives.