As the pace of adjustment of the real estate market continues to accelerate, housing prices in first-tier cities and small and medium-sized cities have begun to gradually**. Taking Shanghai as an example, the housing prices of old and dilapidated small houses that once soared have dropped from more than 100,000 yuan in the past to 60,000 to 70,000 square meters now. This suggests that regardless of the size of the city, the larger the housing bubble, the greater the risk of bursting. For families with two houses, this means that they will face the distress of continuous housing prices and continuous shrinkage of assets in the future.
In addition, with the continuous strengthening of the regulation and control measures for the real estate market, the intensity of property market adjustment is also increasing. The implementation of policies such as purchase restrictions, sales restrictions, and loan restrictions have inhibited housing prices to a certain extent. At the same time, the increase in housing prices** has further increased the pressure on families with two homes.
In the face of the situation of continuous housing prices, many owners with two houses in their hands will choose to sell their properties in order to stop losses in time. However, the current second-hand housing market is oversupplied. Especially after the implementation of the policy of "recognising houses but not loans" in first-tier cities, the number of second-hand housing listings has increased sharply. More than 150,000 second-hand houses have been listed in Beijing, while more than 180,000 have been listed in Shanghai.
At the same time, due to the impact of the epidemic, many people's incomes have decreased, and the demand for home purchases has dropped significantly. Many families have put their home buying plans on hold for the time being, leading to a further reduction in the number of homebuyers. As a result, families with two homes will face the dilemma of having a difficult house to realize.
For families with two or more homes, after experiencing the impact of the epidemic, they are not only facing reduced income or even unemployment, but also under heavy pressure to repay their loans. At the same time, families who own two or more homes will have to pay various monthly fees such as property fees, heating bills, maintenance**, etc., which cannot be reduced even if the house is vacant. Moreover, these expenses will also be ** every year, increasing the financial burden of home-owning families.
In addition, families who own multiple properties also have to bear the costs of taxes, loan interest and other costs for buying a house. As house prices** and market corrections continue, the pressure on these families to hold a home is likely to continue to increase for many years.
Li Ka-shing's first idea of the future trend of the real estate market five years ago is now becoming a reality. Families with two homes face many challenges and dilemmas in the current adjustment of the real estate market. Housing prices** have led to a continuous shrinkage of assets, difficulties in selling houses due to the difficulty of liquidating houses, and increasing pressure to hold multiple properties at the same time. All of these factors have put families with two homes under tremendous financial pressure and uncertainty.
Therefore, for families with two houses, they should adjust their mentality in time and find a more suitable way to monetize. At the same time, it is also necessary to increase the regulation of the real estate market to stabilize the market and protect the interests of consumers. Only with the joint efforts of the market can we achieve the healthy development of the real estate market, so that more families can find their own position in the changing market environment and realize the preservation and appreciation of housing assets. Only in this way can we truly realize the people's yearning and pursuit of a better living environment.