In the past 20 years, the real estate industry has prospered in China, housing prices have soared, and houses are regarded as an investment tool that "makes money without losing money", resulting in a shortage of supply. However, since the beginning of 2023, the property market has shown clear signs of cooling, and both the new and second-hand home markets have become increasingly difficult to sell. Although a series of encouraging policies have been introduced, such as reducing the interest rate and down payment ratio for home purchases, and introducing the introduction of housing without loans, the property market has still not recovered. Among those who are worried about buying a house, some people have found that there are three strange phenomena in society, which are affecting people's lives and deserve vigilance and attention.
In recent years, the living standards of ordinary Chinese people have been improving, many families have owned cars, and some people have not only buildings in rural areas, but also commercial houses in cities. At the same time, however, living in debt has become common. According to industry insiders, housing loans, car loans and consumer loans are the main liabilities of residents. Taking housing loans as an example, there are 200 million families in China called "house slaves", and the total amount of housing loans of residents is close to 39 trillion. In addition to buying and selling a car, overspending by young people has also raised concerns.
Further expansion: With the acceleration of China's social and economic development and urbanization process, the real estate market has become a popular investment object. In order to pursue a higher quality of life and social status, many families have chosen to buy properties and cars. However, with that comes heavy debt pressure. Especially in big cities, housing prices remain high and the cost of buying a home is high, resulting in financial stress for many families. In addition to home loans, car loans have also become one of the main household debts. In this era of consumption-oriented, many young people have also fallen into the trap of over-consumption, borrowing wantonly, resulting in heavy debts. These high levels of debt not only put enormous pressure on the economic situation of individuals and families, but also have a potentially negative impact on the economic stability of society as a whole.
In the past, as long as young people worked hard to get into college, it was almost not a problem to find a good job after entering society. However, with the development of the times and the popularization of university education, it is still difficult for today's young people to find a suitable job after graduation, even if they have obtained a bachelor's degree, which makes them feel lost and helpless. There are many reasons for the difficulty of employment, on the one hand, the scale of college graduates has been expanding in recent years, and the employment pressure of the market is overwhelmingOn the other hand, the global economic downturn has also had an impact on China's foreign trade and other industries, while the downturn in the real estate market has also led to a reduction in jobs. The combination of these factors has led to a challenging employment situation for young people.
Further expansion: With the structural adjustment, transformation and upgrading of China's economy, the demand for talents has also changed dramatically. The traditional manufacturing industry is gradually shrinking, while emerging industries such as high-tech, Internet, and cultural creativity are rising. However, these emerging industries require high innovation and technical prowess, and it is not easy for college graduates who have just left school to find high-quality jobs that adapt to their majors. In addition, with the rapid development of information technology, some once popular majors such as computer science and economics have also seen an oversupply, resulting in fierce competition for jobs. Although the support for the employment of college graduates has been increased, the influx of a large number of graduates into the market still brings the problem of difficult employment. In addition, the economic situation has been poor in recent years, and many companies have laid off employees or reduced hiring, making the job market sluggish. In this situation, it has become extremely difficult for young people to find a stable, well-paid job, and they face the double pressure of employment choice and the pressure to survive.
China has always been the most populous country in the world, and people generally like to have children. However, with the development of society and the change of people's ideology, more and more people are no longer willing to have children. According to the National Bureau of Statistics, as of 2022, the number of births in China has been declining for seven consecutive years, with the total number of newborns last year being only 9.56 million, and it is expected to be less than 8 million by 2023, which is a worrying decline. When the number of newborns drops sharply, it will not only lead to the closure of obstetrics and kindergartens, but also have a knock-on effect on education, medical care, and various consumer fields, and have a negative impact on ordinary people.
Further expansion: Fertility decline is a complex and deep-seated social problem, involving the combined effect of economic, social, cultural and other factors. It has played an important role in the change of the concept of childbearing, the aging of the population and the improvement of the status of women. On the one hand, with the rapid development of modern society, people's ideas are also constantly changing. Many young people pursue personal development and quality of life, and the pressure and sense of responsibility for childcare gradually increases, leading them to delay, reduce or even do not want to have children. On the other hand, with the advancement of medical technology, people's health level has been greatly improved, resulting in a decline in fertility rate. In addition, the rising cost of living and increased economic pressures are also important factors affecting fertility rates. With the continuous increase in housing prices** and the increase in education, medical and other expenses, many families are facing heavy burdens and find it difficult to afford the cost of raising children. The combination of these factors has led to fewer and fewer children.
The emergence of the above three strange phenomena not only reflects the problems and challenges faced by the current social development, but also reflects the changes in people's lifestyles and needs. The rising debt ratio of residents, the severe employment situation of young people, and the fewer and fewer children are closely related to many factors such as economic development and social transformation. Solving these problems requires the joint efforts of the whole society, and policy guidance and support should be strengthened to improve the income level of residents and ease the pressure of debtAt the same time, education and training should also be strengthened to enhance the employment competitiveness of young peopleWhen it comes to fertility, policies can be put in place to reduce pressure on families and encourage people to have more children. Only through a comprehensive approach can we solve these problems and achieve sustainable social development.