Recent data show that the scale of China's real estate inventory has decreased by nearly 5 trillion, which makes people wonder what happened to the real estate marketWhat was it like eight years ago?How will "destocking" be staged?
Let's take a look at what exactly this number represents. The reduction of 5 trillion inventories means that the real estate market has seen a significant contraction. This means what kind of changes will the property market usher in?In the pre-cycle 8 years ago, the real estate market** was outstripping demand, and inventories were piling up. Now, the decrease of five trillion yuan is more due to the increase in demand and hot investment, which is also a feedback from the demand side of the market to the reduction of inventory.
How will the reduction in inventory affect the property market?From the perspective of historical development, the reduction of inventory will not only bring about the highest housing prices, but also will have a positive effect on the structural adjustment of the property market. The reduction in inventory will give a stronger stimulus to market demand, and for developers, it will also push them to pay more attention to product quality and market positioning. In addition, the reduction of inventory also needs to cause us to think about it, from the perspective of market supply and demand, the increase in demand is the result of the first decrease, and the improvement of supply and demand should also be what we have been expecting to see for a long time. But at the same time, we also need to be vigilant against the overheating of the property market, for this reason, we need more perfect supporting policies, starting from the regulation of the real estate market, to promote the healthy development of the industry.
The impact of the reduction in inventory on the property market should not be underestimated. It will promote the structural adjustment of the property market, guide a more reasonable market supply and demand relationship, and also put forward higher requirements for the most advanced regulation and control policies. It is hoped that the property market in the future can usher in a healthier development, instead of falling into a crazy boom again.