Bad news!In 5 years, how much will a house worth 2 million still be worth?
I don't know if you have noticed a strange phenomenon: with the rapid development of China's economy, money has become less and less valuable. In the past, 100 yuan could buy a lot of things in supermarkets and vegetable markets, but today, 100 yuan is no longer enough to buy a few cups of milk tea. Nowadays, whether it's food or necessities, **is always there**, and once *** is it's hard to go back down.
Although money is constantly depreciating, there are still many things to buy or acquire, such as a house, which for most people is inseparable from the object. After all, for our ordinary families, the house is not only related to the marriage of young people, but also to the education of children, so many people do not hesitate even if they are in debt in order to buy a house.
However, friends who care about the development of the property market should know that the real estate industry has undergone tremendous changes in recent years, whether it is a large first- or second-tier city or a small third- or fourth-tier city, the property market has seen a downward trend of varying degrees, which is unexpected.
Subsequently, the question was raised: how much will a house worth 2 million on the market be worth in five years?
In this regard, some industry experts pointed out that if it conforms to the objective laws of economics, domestic housing prices will be slightly higher in 5 years. As we mentioned earlier, under the influence of inflation, the ** of consumer goods will be constant**, and houses are no exception, and it is expected that in 5 years the increase in house prices may reach around 5%. This means that a house worth 2 million may increase in value by 100,000 in 5 years.
However, while the price may be ** in terms of total price, we must also consider other factors such as the cost of owning a home and mortgage payments. In fact, once a house is purchased, the cost of owning it continues to increase, mainly property management fees and mortgage interest expenses.
Generally speaking, working families often cannot afford to buy a house directly, and even if they do, they have to borrow a large amount of money. So, after five years, the cost of a house can be as high as 10% of the house price, which is actually a loss.
In this case, does the new demand group reflect the suitability of buying a house at this stage?Two suggestions for you.
First, if you have a stable job and need housing urgently, you can buy it.
In the past, many people thought that as long as they could save enough for a down payment, nothing else would be a problem when buying a house. But after several years of popularity, many people have deeply realized the huge pressure brought by the mortgage to life, and if the job income is unstable, housing is indeed a headache.
However, if your job belongs"Iron rice bowl"In addition to income, there is also a provident fund to repay the mortgage, so it is entirely possible to enjoy a happy life with your own house as soon as possible in the past one or two years when the housing price is low and the mortgage interest rate is low.
Second: If you are not in a hurry to buy a house, you might as well wait and see.
In the past two years, the trend of housing prices is very obvious, and it is not ruled out that housing prices will continue to be ** in the future. Therefore, for those who are not in a hurry to buy a house, we believe that we should continue to wait and see, and then wait for the development of the situation, and do not have to rush to buy a house with a mortgage, so that life can also reduce a lot of pressure.
In short, how much can a 2 million house sell for in 5 years?The answer is that the house will not only not increase in value, but will also depreciate, because the money is becoming less and less valuable, and in 5 years, 2 million can only be used like 1.8 million now. For ordinary families, at this stage, buying a house should be planned according to their own situation, and it is recommended not to rush to buy a house if the family is in a tight financial situation.
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