A generation of young people has been ruined by China s real estate model

Mondo Social Updated on 2024-01-30

China's real estate model has grown rapidly over the past few decades and has contributed greatly to the country's economic growth. However, this model has had many negative consequences for a generation of young people.

First of all, the high price of housing makes it difficult for young people to afford the pressure of buying a house. Housing prices in China have been trending for the past few decades, making homes a popular choice for investment.

However, this also makes it increasingly difficult for young people to buy a home. In order to be able to own their own home, many young people have to spend most of their income on paying off their loans and not enjoying other pleasures in life. Some young couples even choose to delay childbearing in order to buy a house earlier. In this case, the quality of life of young people is greatly affected.

Second, the real estate model has led to the unsustainable development of the city. To meet the growing demand, a large amount of land has been developed into residential areas. However, this development model often comes at the expense of farmland and natural ecology, leading to environmental damage and waste of resources.

In addition, the continuous expansion of cities has also brought problems such as traffic congestion and air pollution, which have brought great problems to the lives of urban residents. For young people, the urban environment in which they live has been moved away from the beautiful natural landscape, which has a negative impact on their mental and physical health.

Thirdly, the real estate model has exacerbated the gap between the rich and the poor in society. The wealthy are getting richer because of the exorbitant housing prices, while it is becoming more difficult for young people and low-income families to buy homes. This inequality has led to a widening gap between the rich and the poor in society, putting many young people at a disadvantage in social competition. At the same time, the real estate industry has also become a way for a few to make huge profits, leading to excessive concentration of capital and economic instability.

First of all, the supervision of the real estate market should be strengthened to curb the momentum of excessively fast housing prices. This can be achieved by limiting the profits of investment property buyers and property developers. Second, there should be more investment in public housing to provide more affordable housing options for young people and low-income families. In addition, the development of the rental market should be encouraged and supported to provide more flexible housing options for young people.

In addition, we need to strengthen scientific research and control over urban planning. In urban development, we should pay attention to protecting the natural ecology, rationally planning land use, and avoiding waste of resources and environmental damage. In addition, we should strengthen public transport and urban infrastructure to reduce traffic congestion and improve the quality of life of residents.

Finally, we need to change society's excessive pursuit of real estate. We should cultivate the right values in young people, so that they understand that property is not everything, and that quality of life and happiness are more important pursuits. At the same time, we should also encourage young people to develop other forms of investment to reduce their over-reliance on real estate.

China's real estate model has had a negative impact on a generation of young people that cannot be ignored. We need to take steps to address these issues to ensure that young people can enjoy a better quality of life and development opportunities. This requires the joint efforts of **, social institutions and individuals to achieve our goals. December Creation Incentive Program

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