Warning of asset bubble collapse next year?Two signals indicate property trends
Introduction: For a long time, there has been controversy about whether there is a bubble in China's real estate market. Some experts believe that real estate is in a reasonable range and there is no bubble;Other experts believe that there is a big bubble in the real estate market, especially in large cities. However, two recent signs suggest that the national asset bubble may burst from next year, and the development trend of real estate is becoming clearer. This article will detail both of these signs and analyze their impact.
Adaptation in the real estate industry has become a trend.
The national real estate market has entered a long-term adjustment trend. According to data from the National Bureau of Statistics, from January to October this year, the sales amount of commercial housing in the country was 9,716.1 billion yuan, a year-on-year decrease of 107%；The sales area was 925.79 million square meters, a year-on-year decrease of 167%。At the same time, in October, 56 of the 70 large and medium-sized cities saw a decline in new homes** and 68 saw a decline in second-hand homes**, both of which reached all-time lows in the past 10 years. Property developers have had to cut prices**, while second-hand home sellers have had to accept price reductions of 10% to 15%. This series of data shows that the real estate market has entered a period of adjustment, which will affect the direction of future house prices.
There are several reasons for this correction trend. First of all, the implementation of regulatory policies has been strengthened to stabilize housing prices at a high level. Secondly, with the instability of economic development and the change of population flow, there is an imbalance between supply and demand, which means that housing prices are no longer **. In addition, the value of real estate investment is gradually declining, and people are starting to pay more attention to the residential characteristics of the property rather than the return on investment.
A new round of housing reform is coming.
Recently, China** introduced a new housing reform policy that aims to provide 6 million affordable housing units to the market over the next five years. The policy aims to allow families with financial means to buy commercial housing, while low-income groups can buy affordable housing. Compared with the surrounding commercial housing, the affordable housing will better meet the housing needs of low-income families. This measure can not only reduce the demand pressure of the commercial housing market, but also allow the real estate market to gradually move towards commoditization, that is, no longer intervene too much in the fluctuations of real estate, and the market decides for itself. In this way, real estate** will change with market trends, eventually returning to residential real estate**.
The introduction of a new round of reforms in the housing sector has had a significant impact on the real estate market. First of all, it will effectively promote the development of the affordable housing market and enable low-income families to realize their housing dreams. Secondly, market-oriented operation will make the real estate market more transparent and avoid market distortions caused by excessive intervention. The most important thing is that real estate** will be adjusted according to market supply and demand, and will no longer fluctuate, but stabilize within a reasonable range.
Conclusion: The idea that there is a bubble in the national real estate market has been verified to some extent, especially in large cities. The emergence of these two signs makes it clearer to see where the real estate market will be headed in the coming year. On the one hand, the adjustment of the real estate industry has become a trend, and housing prices have become a reality. On the other hand, the new round of housing reform policies will accelerate the transformation of the market to commoditization, so that housing prices will return to residential **. Therefore, households with multiple properties should be prepared for the bursting of the asset bubble, take the initiative to pay attention to the market, and adjust housing prices. For home buyers, it will also be a good time to buy their dream home in a more reasonable way.
Abstract: In the future, China's real estate market will continue to undergo adjustments and changes. Through the adjustment of the real estate industry and a new round of housing reform policies, ** will promote the stability of housing prices and the gradual return of residences. This is a positive sign for those who have been following the real estate market for a long time. However, for families with too many properties, it may be time to prepare for the bursting of the asset bubble. After all, the development of the real estate market is a dynamic process, and people should remain cautious and optimistic about investing and buying houses according to market demand. Only in this way can we better adapt and respond to future changes in the real estate market and obtain better returns on investment and life.