The outcome of the property market is revealed, and half of urban families may encounter 3 problems
Anyone who pays close attention to the real estate market will find that from 2022, the real estate market has begun to enter a new period of development, not only the real estate market is not as good as day by day, but even the real estate market is showing a trend of "falling and falling". According to the data released by the China Index Research Institute, in October this year, the sales of China's top 100 real estate companies were 5,297.7 billion, down 13 percent from the same period last year1%。
At the same time, the "barometer" of the domestic property market, second-hand housing, is also not optimistic. According to the latest data, the average price of second-hand houses in Baicheng was 15,486 per square meter, a year-on-year decrease of 045%, and has been down for 18 months year-on-year!
In the context of the continuous decline of real estate, some pundits believe that the national real estate market has been determined and the future development will exceed many people's expectations!
According to the China Housing Development Report (2020-2021), by the end of 2020, the proportion of urban residents in China with a house was 584%, 31% for second homes and 10% for three or more homes5%。From this data, it can be seen that the proportion of the population with two or more households in the country is about 415%。
In fact, in the past two years, some professionals**, more than half of the country's urban households now have two houses, and most of the property is built on real estate. In the eyes of many, this is a matter of national happiness, and under the control of **, there will not be much decline.
For those who own an ordinary house, no matter whether it rises or falls in the future, it will have no impact on them, after all, they are never for investment, more for themselves, not for buying a house.
But on the other hand, people with two or more than ten houses will inevitably encounter three headaches when housing prices continue to be the best in the future.
The first conundrum: most houses will last**.
Whether housing prices will continue to be ** has always been the focus of debate. However, whether people are willing to accept it or not, China's real estate still has a big bubble, and under the main reasons such as the aging population, young people not getting married, and the declining birthrate, real estate has lost the momentum of continuous rise, and there will be fewer "pick-up heroes" in the future.
We expect that many third- and fourth-tier cities will be "unable to hold back", and then Hegang and Yanjiao and other places with large fluctuations will be more common.
The second problem: owning a property can be a psychological burden for people.
In recent years, the domestic real estate industry has been high, and many people who buy houses by increasing leverage seem to be glamorous, but in fact they are burdened with huge debts, and the loan time is generally about twenty or thirty years. In the past, the country's economic development was very fast, every industry was prosperous, and everyone did not feel that their financial burden was very heavy, and their lives were very good.
But after this period of the epidemic, as well as international uncertainty, many people's wages have become unstable, and some have lost their jobs, and these debts are a burden for them. And those who own more homes will have more burdens.
The third conundrum: property sales will become more difficult.
In the past, many people would choose to buy real estate after having a large amount of money in their hands, the biggest reason was that they were worried that housing prices would be ** due to inflation, and real estate would continue to appreciate, so everyone put their funds into real estate. However, the development of the real estate market has exceeded everyone's expectations, and the housing prices in many places are in the first place, especially in some bad locations, and the housing prices are even more than three or four percent, and they are also facing a large number of mortgages and interest rates.
You know, these days, the average property is not so easy to sell, if you don't discount it hard, no one will buy it at all. In addition, the country is now vigorously building affordable housing, and at that time, the value of many small units will drop significantly.