How many houses are there in China?There has been no definite answer to this question, we can only speculate from the hot situation of real estate in previous years, this number is certainly not small, recently the Ministry of Housing and Urban-Rural Development finally announced the number of houses in China, what impact does this data have on the real estate market?Wouldn't it be easier for the average person to buy a house?
After years of surveys and statistics, the Ministry of Housing and Urban-Rural Development released the number of houses in China, and the results were 600 million urban and rural housing buildings and more than 800,000 municipal facilities.
We are talking about 600 million houses, not 600 million units, and if you compare it with China's population of 1.4 billion, it is obvious that China's houses are redundant.
Many people may wonder why this is not the case in reality when there are so many houses, it stands to reason that everyone should have a house to live in, and housing prices should not be so high
According to the data of Liu Pu and Qipu, we can see that the total number of housing and per capita housing area in the country are similar to the actual situation, and basically everyone has a house to live in.
However, if you compare it with the number of houses announced by the Ministry of Housing and Urban-Rural Development, you will find a big difference.
This brings us to a major issue in China's real estate market, and that is the vacancy rate.
Housing vacancy rate is an important indicator to reflect the level of development of a region, generally speaking, the vacancy rate is between 5% and 10% is normal, the vacancy rate is too high indicates that the development of the region is not good, the vacancy rate is too low indicates that the region is developing rapidly, the market demand is very large, as can be seen from the figure, China's housing vacancy rate is very high.
This explains why everyone has a house to live in, but there are still 600 million houses on the market.
A house is a necessity for everyone's life and the most valuable area of investment in the financial markets.
The rapid development of China's economy has attracted a large number of people to migrate to cities, and the demand for housing has promoted the supply of housing.
Many wealthy businessmen have seen the business opportunities in real estate, and a large number of houses have been monopolized by them, and they have become the "behind-the-scenes" who push up housing prices
There is always a time when the real estate market is saturated, and it happens to encounter the "black swan event" of the epidemic, and China's real estate has been hit hard.
That's why China is figuring out the size of real estate.
So, knowing the number of houses, what will be the impact on the real estate market?
On the surface, it seems that China's counting of the number of houses is time-consuming and laborious, and it seems to be meaningless, but in fact, this matter has a great impact on the real estate market.
Knowing the number of houses in China is equivalent to "knowing what to expect" and formulating strategies according to the situation in different regions.
In fact, most people are more concerned about whether housing prices will fall in the future, and whether ordinary people will be "discouraged" from high housing prices.
The answer is yes, the purpose of counting the number of houses in China is to regulate housing prices.
Compared with first-tier and second-tier cities, there is a large demand for housing and good development, while some third- and fourth-tier cities have a high vacancy rate and a large number of vacant houses, which is equivalent to increasing the economic burden.
To put it simply, most real estate developers borrow money to develop real estate, sell the house, use this part of the money to repay the interest, and then use the remaining money to invest in new real estate, forming a cycle.
Once there are too many vacant houses, it is easy to cause the real estate developer's capital chain to break and fail to repay the loan.
Reducing housing prices and clearing inventory is the safest approach, but the specific amount depends on local policies.
Knowing the specific number of houses, the collection of property tax may also be put on the agenda.
After the impact of the epidemic and policy adjustments in the past two years, real estate has fallen into a downturn, and some large real estate developers have been "struggling", not to mention small real estate developers.
The imposition of property tax can not only affect housing prices, but also ease the financial pressure on local governments.
In the period of rapid economic development of the real estate market, this "economic bubble" can be safely blown up, but for the slowly recovering economic system, real estate is no longer a reliable money-making project.
Recently, house prices in most parts of China have started to decline slowly, which is good news for many ordinary people, because there is no need to worry about high housing prices anymore.
Maybe many people are waiting for the inflection point of housing prices, and then the ** field, ready to revive the glory of real estate, but the national statistics on the number of houses is to prevent the emergence of an inflection point.
When real estate development is at its best, some people stand at the top of the pyramid, and in the face of the current real estate market, there are a group of people who want to "take advantage of the momentum", but I don't think there is much hope.
It can be seen from the data released this time that the Ministry of Housing and Urban-Rural Development only released an overall data, and did not publish detailed data, which is the biggest reservation.
If the detailed data is released, many people can judge which region's real estate market has potential through these data, and they can control the flow of funds to the market in that region.
In order to prevent this from happening, the state did not publish detailed data, which is good for the risk control of the entire real estate market.