In 2023, the domestic property market has undergone a round of adjustment, and the number of cities with housing prices** has hit a record high. Facing the upcoming 2024, those who have not yet bought a home need to be prepared. This article will describe in detail two important preparations, namely preparation for leakage and preparation for the rescue policy, and remind low-income families to be prepared to buy affordable housing. These preparations will help those who want to buy a home to get better opportunities in the future.
In the current property market adjustment period, many developers have begun to cut prices significantly in order to recoup funds**. For example, the price of a Poly property in Chengdu fell by 40%, and the selling price fell from 15-1.70,000 yuan dropped to 9,000 yuan. As developers' demand for recoup funds intensifies, more developers will join the ranks of price reductions. At the same time, many owners of second-hand homes have also sold off**. If a landlord sells a property below market price, it is often difficult to close the deal.
In Shanghai, for example, a second-hand house in the center of the city was listed for 7.2 million yuan, but it was eventually sold for 5.6 million yuan. Therefore, starting from 2024, whether it is buying a new house or a second-hand house, it is very important for those families who have just needed to buy a house to seize the opportunity to pick up the leaks.
In addition to the price reductions of large developers, some small and medium-sized developers have also adopted various means** to attract buyers. For example, provide preferential measures such as decoration**, free home appliances and furniture, and free parking spaces to increase the interest incentives of home buyers. In addition, some special types of properties, such as office buildings and shops for commercial purposes, may also face greater price reductions, as the demand for such properties is greatly affected by the market.
Since 2023, China has introduced a number of rescue policies. Many cities have begun to fully liberalize the purchase and loan restrictions, and banks have also lowered mortgage interest rates and lowered the down payment ratio. First-tier cities have also launched the policy of "recognising housing but not loans", and various regulatory policies have accumulated more than 500 times.
As the property market continues to be sluggish, by 2024, there will be more favorable policies to help home buyers further reduce the cost of buying a home. Homebuyers will be able to enjoy lower loan interest rates, lower down payment ratios, and higher CPF loan amounts.
The introduction and adjustment of the bailout policy is inseparable from the support and guidance of the world. **Through measures such as guiding the flow of funds and promoting land**, we will actively stabilize the property market. At the same time, it is necessary to strengthen the supervision of the real estate market, crack down on speculation and speculation, false propaganda and other bad behaviors, and maintain market order.
The current unattainable housing prices have left many low-income groups looking forward to housing. However, we can see that ** attaches importance to the issue of low-income groups buying houses. Recently, China launched a new round of real estate reform, with plans to build 6 million affordable housing units over the next five years to meet the needs of low-income groups. The ** price of affordable housing will be much lower than the market price, which is mainly determined by three factors: the cost of allocated land, the cost of construction and reasonable profits.
Therefore, from 2024, low-income groups will have the opportunity to buy more affordable housing. For low-income families, there is no need to be very nervous about buying a house now, they can wait for the opportunity to buy affordable housing.
The implementation of the affordable housing program will have many positive impacts. First of all, it will effectively alleviate the housing plight of low-income groups and improve their quality of life. Secondly, the construction of affordable housing will drive the development of related industries and increase employment opportunities. At the same time, the development of the affordable housing market will also promote the steady growth of the urban economy.
2024 is just around the corner, and it's crucial to be prepared for those who haven't bought a home yet. First of all, it is necessary to seize the opportunity to pick up leaks, as the demand for developers to withdraw funds intensifies and the owners of second-hand homes sell off in large numbers, buyers will have more opportunities to reduce prices**. Secondly, to welcome the arrival of the bailout policy, through the support of the policy, home buyers will enjoy lower loan interest rates, lower down payment ratios and higher CPF loan amounts. Finally, low-income families should be prepared to buy affordable housing, and through the program, they will have the opportunity to buy more affordable housing. The current property market correction period provides a more favorable market environment for home buyers, and wise preparation will help them to obtain satisfactory home buying opportunities in the future.
As an important investment and living need, buying a home is of great significance to most people. In the current property market correction period, it is important to choose the right time to buy a home and adopt the right strategy.
First of all, buyers should pay attention to the market dynamics and understand the trend of house prices and sales. Act decisively when the opportunity arises to buy a lower home**.
Secondly, home buyers should pay close attention to the rescue policy and be prepared to communicate with banks and other financial institutions. Keep abreast of the adjustment of interest rates and loan amounts, as well as various policy subsidies and incentives for home purchases.
Finally, for those low-income families, buying affordable housing is a good option. **Attention and support for low-income groups to buy houses will provide them with better living conditions and quality of life.
In the process of buying a house, buyers should also be rational about the return on investment and the cost of capital, and make wise decisions based on their own economic strength and living needs. Buying a house is not simply the pursuit of property appreciation, but also the need and comfort of one's own needs.
In short, the property market in 2024 will face more adjustments and changes. The right preparation and strategy will help homebuyers get a better chance of buying a home. I hope you can make an informed choice according to your own situation.