There may be "sequelae" in the real estate market in 2023, which is based on observations and expert analysis. So, what exactly is causing this to happen?
First, real estate loans and loans secured by real estate accounted for 39% of the loan balance. This means that a lot of money is being put into the real estate market, over-reliant on how real estate loans work. Over-reliance on this aspect has to some extent exacerbated market instability.
Secondly, the expected impact is also one of the reasons for the "sequelae" of the real estate market in 2023. In the current market conditions, people's decision to buy a home is often influenced by expectations. Once the expectation declines, the heat of the real estate market will also be affected to a certain extent. When people are uncertain about the future of the real estate market, they may be more cautious in their home buying decisions, which can lead to a decline in market demand.
Recently, however, the top management has proposed a new direction for the future development of real estate. They emphasize the protection of the interests of home buyers, and gradually realize "de-financialization", adhering to the principle of housing for living, not speculation. This indicates that the regulation of the real estate market will be stricter, and it is hoped that the market will be stabilized through reforms.
This series of measures will undoubtedly have an impact on some people. First of all, the pure rigid people are the most affected group. Due to the implementation of the policy, they may face an increase in the difficulty of buying a home. Secondly, the demand for improved housing has also been affected to a certain extent. Due to policy adjustments, the conditions for improving home purchases may be restricted, leading to the postponement or adjustment of home purchase plans. Finally, real estate companies will also be affected. Real estate companies will face a situation of declining market demand and increased sales pressure, and need to adjust their strategies to adapt to the new market environment.
Against this backdrop, how should we look at the real estate market in the future?