In recent years, China's real estate market has experienced great fluctuations and adjustments. Since the housing reform, housing prices have soared, bringing a huge return on investment to many people. However, as house prices began to adjust in the second half of 2021, many people's investments were also affected. Faced with this situation, people are thinking about the future trend of the real estate market and how much a house of 3 million will be worth in the next few years.
Economist Ma Guangyuan gave a clear and direct view on the future development of the real estate market. He pointed out that real estate, as the best investment product in China, has come to an end, and housing prices will gradually return to residential properties in the future. This means that in 5 years, the current market value of 3 million houses will not only not appreciate, but may be much lower than the current house price.
From Ma Guangyuan's point of view, it can be seen that the real estate market is already saturated. According to the data, the number of commercial houses for sale in China has reached 640 million square meters, and the demand for housing has gradually decreased. At the same time, after the impact of the new crown epidemic, many people's income has decreased or lost their jobs, and the ability to buy a house has been greatly reduced. Coupled with the fact that people have become more cautious in their expectations of future income growth, attitudes towards home buying have gradually become rational.
In order to curb the excessively rapid housing prices, China has implemented a series of real estate regulation policies since 2016. At present, there are more than 650 regulatory policies. The implementation of these policies has led to the adjustment of the previously over-booming real estate market. It is unlikely that the property market regulation policy will be reversed in the short term.
Based on the above point of view, the market value of the current 3 million house may drop significantly in 5 years, and the house price will gradually return to the residential property.
For first-tier cities, the 3 million houses are either houses in remote areas or old neighborhoods in the city center. These houses face rapid depreciation and difficulty in liquidation. Housing prices in first-tier cities have soared to a relatively high level in the past few years, and the market has gradually become saturated. In addition, the outflow of population in first-tier cities is greater than the inflow, and the local demand for housing is gradually decreasing.
About. For second- and third-tier cities, although the real estate bubble is smaller than that of first-tier cities, it is also facing the problem of population outflow and reduced demand for housing purchases. Housing prices in these cities are likely to gradually return to residential properties in the coming years and are linked to the income of local residents, and for a house of 3 million, there is a risk of depreciation.
To sum up, whether it is a first-tier city or.
In second- and third-tier cities, the market value of a house of 3 million yuan may drop sharply in the next five years, and housing prices will gradually return to residential attributes.
In addition to Ma Guangyuan's views and the influence of different regions, the economic situation also has an important impact on the development of the real estate market. With the instability of the global economy and the adjustment of domestic macroeconomic policies, the real estate market is also difficult to stand alone.
In recent years, China's economic growth has slowed down, investment and consumption demand is insufficient, and labor costs have risen, so that the economy is facing many challenges. These challenges also have a direct impact on the development of the real estate market. As economic growth slows down, people's ability to buy houses and demand for housing have also weakened correspondingly, and the momentum of housing prices is difficult to sustain.
In addition, under the influence of the domestic and foreign policy environment, the real estate market has also been subject to some restrictions. The state has increased the management of land, strengthened the financing supervision of developers, restricted the qualifications for buying houses, and so on. The implementation of these policies has limited the development space of the real estate market, which has broken the trend of housing prices, which further proves Ma Guangyuan's view.
To sum up, the economic situation has an important impact on the development of the real estate market, and under the current economic situation and policy environment, the current 3 million houses may depreciate in 5 years.
From Ma Guangyuan's point of view and the analysis of the economic situation, it can be seen that the market value of the house of 3 million may decline in the future. However, the trend of the real estate market is complex and changeable, and in addition to the above factors, there are other factors such as urban development planning, transportation facilities, etc. Therefore, market conditions may vary from region to region.
Individuals, when thinking about this question, tend to take a cautious view of the real estate market. Although there is limited room for housing prices, real estate is still of great significance in China, whether as a residential asset or an investment product. Therefore, when buying a property, you need to choose carefully according to your own situation. At the same time, real estate investment requires long-term and stable capital affordability, and cannot blindly chase short-term high returns.
Finally, I believe that in the future, the real estate market will gradually return to residential attributes, and the fluctuation and adjustment of housing prices is inevitable. However, no matter how housing prices change, there will always be a demand for housing. Therefore, it is more important for home buyers to choose a stable living environment and high-quality property management, rather than chasing the increase in housing prices.