If you don't buy a house in the past five years, you need to be vigilant and prepare in advance for these 3 phenomena
Introduction: In recent years, China's real estate market has experienced a"Both volume and price rose"of the adjustment period. However, despite the introduction of a series of favorable policies, the effect is not obvious. As a result, many people began to think that if they gave up buying a house in the next five years, wouldn't they regret it?This article will reveal the answer from three phenomena.
There is a serious surplus of housing in the country.
In our country, real estate is far from being in short supply. According to the Ministry of Housing and Urban-Rural Development, there are 600 million housing units in China, accommodating 3 billion people. Currently, 96% of households own more than one property, 415% of households own more than two properties. This means that the demand for housing will gradually decrease in the future, and the real estate market will face it for a long time"Demand outstrips supply"situation. As a result, real estate** is likely to decline.
In addition, it is necessary to take into account various forms of property rights, such as rural housing, small property rights housing, and resettlement housing, which further exacerbates the phenomenon of housing surplus. Therefore, for ordinary home buyers, the future demand for housing will be less and less, and housing prices will become inevitable.
The favorable policies for the property market are in vain.
Compared with the past, the current favorable policies for the property market have not had an obvious effect on the market. In 2008, 2011, 2014 and other years of recession in the real estate market, the introduction of favorable policies, just a gust of warm wind, the market can recover quickly, and housing prices seem to have rebounded. However, the general trend of the property market has changed.
Nowadays, real estate is no longer the best investment option in China, and in the future, real estate** will gradually return to the residential sector related to the income of local residents. Therefore, although favorable policies for the property market may delay the process of property market adjustment, they cannot reverse the general trend. Housing prices will be linked to residents' income, further increasing the downward pressure on housing prices.
It is difficult to sell new and second-hand homes.
In the past, new properties sold out quickly as soon as they were launched, but that has changed. Today, the area of commercial housing for sale has reached 6400 million square meters, and the developer owns more than 7.2 million commercial houses that need to be vacated. In order to complete the destocking and recover the funds, the developer can only ** the product by slashing the price.
At the same time, the second-hand housing market is also struggling. The number of second-hand housing registrations in some major cities has exceeded 100,000 units, and the number of second-hand housing registrations in Beijing and Shanghai is in"Recognize the house but not the loan"After the policy was introduced, it rose further. This indicates that second-hand home sellers are cautious about the subsequent performance of the market, and it is expected that second-hand homes will continue.
Combining the above three phenomena, if we give up buying a home this year and next, we will not regret it in five years, but may become a winner in life. In the future, housing prices will return to residential attributes, linked to the income of local residents, and the bottom of the property market will face many risks.
Abstract: Looking at the current property market situation, there are three phenomena that indicate that housing prices will show a downward trend in the future: one is a serious oversupply of the property market, the second is that the effect of favorable policies is not obvious, and the third is the difficulty in the sales of new and second-hand houses. Therefore, for ordinary home buyers, if they choose not to buy a house this year and next year, they will not regret it after five years, but may get a better return on investment. People should be prepared in time to face the possibility of a real estate bubble bursting sensibly.
Personal summary: As an independent editor, I have been paying attention to current affairs and property market dynamics. Based on the above analysis, I will focus on the future trend of the real estate market. In a market environment where supply exceeds demand, the role of political regulation will become more and more limited. Moreover, in recent years, the effect of favorable policies on the property market is obviously not as good as in the past. Personally, I tend to think that if I don't buy a house this year or next, I'll have more options and better opportunities in five years. After all, as self-publishers, one of our responsibilities is to keep investors from regretting. At the same time, we should also pay attention to the risk of bubbles in the real estate market, and remind readers to always be rational and avoid blind investment. Only by accurately judging the market trend and constantly summing up lessons and lessons can we achieve better results in the future property market. Let's look forward to the changes in the property market in the next five years, and plan our lives and investments with a more rational vision.