Chinese's savings Xi habit has always been the world's attention, but in recent years, China's savings rate has begun to decline, while the debt ratio has been rising. Today, the total debt of China's residents has exceeded 200 trillion yuan, and the per capita debt has exceeded 14 trillion yuan. The main reason why China has become a "big debt" is that real estate** is rising, and most families need to buy houses through bank loans. This begs the question: which will be more comfortable for people with or without a house in the next decade?Opinions on this issue are divided. Some people think that people who have a house will be more comfortable because they have at least a stable home;And those who do not have a house have nothing, and life is certainly not very comfortable. However, there are also those who disagree, arguing that in foreign countries, the proportion of households renting and buying houses is equal, and the difference in quality of life is not large. In fact, against the backdrop of current high house prices, people who own a property in a decade may not be more comfortable than those who don't. This article will analyze which life is more comfortable for those who have a house or those who do not have a house in ten years from three aspects: different time periods of housing prices, the burden of buying a house, and the choice of the future.
The rise and fall of housing prices has a very big impact on both homeowners and homeless. For those who bought a home at the beginning of this century, they will enjoy a huge appreciation in ten years' time. The market value of properties is rising, and homeless people are struggling because they are getting more expensive to buy. This obviously makes it more comfortable for those who have a house than those who don't. However, for those who bought a home between 2018 and 2021, the market value of their property is shrinking and they will definitely regret it. Therefore, for these people, in ten years they may not be more comfortable than those without a house.
The rise and fall of housing prices not only affects the living conditions of home buyers, but also has a huge impact on their wealth status. Buyers who buy a property during the price increase phase will gradually increase in the value of their property, which will increase their net worth and wealth. At the same time, homeless people are forced to buy homes at a higher price during the price increase phase, which means that their wealth and net worth are relatively low. However, at the ** stage, the situation is completely reversed. Home buyers have a decline in property values and a relative decrease in wealth, while homeless people have the opportunity to buy cheaper properties when the market is down, increasing their net worth and wealth.
Those who bought homes at high prices are now under tremendous pressure to repay their loans. After three years of the pandemic, many people have lost their incomes or lost their jobs, and they feel very stressed about paying off their mortgages. Coupled with the annual ** property fees, maintenance ** and other expenses, they feel that they are about to be unable to support it. In contrast, people who have never bought a house rent a house to live in a rented house, and their life pressure is relatively light, and they do not have to worry about future housing price fluctuations, so they live very comfortably. So, for those who are buying a house at a high price, the current life is certainly not as comfortable as that of the homeless.
The burden of buying a home includes not only mortgage pressure, but also an increase in other expenses. With the increase in housing prices, daily expenses such as maintenance costs and property fees are also increasing. And those who do not own a house only pay rent and do not need to bear these additional costs. In addition, people who own a house also need to consider a series of issues such as the renovation and maintenance of the house, which requires additional investment of time and energy. In contrast, people who do not have a home do not need to bear these additional burdens and can live more comfortably.
For those who have already purchased a property and taken out a loan, they have little choice. It is not possible to choose the location and type of property you prefer, you can only accept the house that has already been purchased. However, for the homeless, they still have a lot of options for the future. Housing prices** will give them the opportunity to buy a home, and they can buy a property when the housing bubble is squeezed dry, so that they can become homeowners, and the cost of buying a home will be greatly reduced. Therefore, for those who buy a home at a high level, it is likely that they will not be as comfortable as those who do not have a house in ten years.
The choice for the future is very important for both those who own and those who do not have a house. For those who own a home, they have already bought the property and taken out a loan, and they can't easily change the status quo. Those who do not own a home have the opportunity to buy a property at a time that suits them, so as to obtain better living conditions and future return on investment. In addition, the timing of the purchase of the property also determines the possible future benefits for the buyer. Buying a property when prices are high may expose you to future home prices**, while buying a property when prices are low can give you a greater return on investment.
Over the past decade or so, China's household debt ratio has been rising. This begs the question: who will be more comfortable in ten years' time, those who have a house or those who don't?According to the analysis of the three aspects of different time periods of housing prices, the purchase affordability and the future choice, the following conclusions can be drawn:
First of all, if you buy a property at a time when the price of housing is just starting out**, people who have a house will definitely live more comfortably than those who don't.
Secondly, for those who are buying a home at a high price, life is certainly not as comfortable as that of homeless people, as they face huge mortgage repayment pressure and additional fees.
Finally, homeless people still have a lot of options in the future to buy cheap properties at home prices**, which will significantly reduce their home buying costs.
To sum up, ten years from now, whether people with houses and those without houses are comfortable or not cannot be measured simply by whether they have a property or not. It's all about when the buyer buys the home, how the house price moves, and what the burden the buyer bears. If you buy a house earlier and the price of the house is **, people who own a house may live more comfortably. However, for those who are buying a home at a high level and face a greater burden, life may not be as comfortable as those who do not have a home. In addition, people who do not have a house still have room to choose real estate and ** in the future, while people who do not buy a house at the right time may face problems such as declining property values. Therefore, with the current situation of high housing prices, there may not be a noticeable difference in living comfort between those who own and those who do not have a house in ten years' time.