InEconomyRecession andRoom rate**When ordinary people buyPropertyThere may be a risk of being forced into debt. Let's illustrate this with an example. Suppose there is a house worth 10 millionDown paymentThe amount is 3 million, ifRoom rate**30%, then your 3 millionDown paymentThe money will be completely lost, and the house will no longer belong to you. This is a very dangerous situation.
And now, we are in a time when the employment situation is dire and the news of various loan cuts is coming out frequently. Many people have passed through the previous real estate boomLeverageConsumes most of the wealth. Mortgage breakouts will become more common once you lose your ongoing income**. This is just the beginning of a crisis.
ChinaEconomyReal estate plays an important role. However, with the significant disappearance of paper wealth, there will be a serious ripple effect. Most industries will be affectedUnemployment ratewill rise further. Most people's wealth is mainly based on highLeverageofPropertyInvestments, whilePropertyIt is the most important part of it.
InEconomyIn times of recession and increased competition in the industry, the risks posed by real estate will be even more severe. Those who are overly dependentLeverageof people will be at great risk of indebtedness. Therefore, at this time, we should avoid touchingProperty, because even if cash depreciates, at least it doesn't become negative. In contrast, mortgages are realMortgages, enough to bankrupt a person.
Although China's real estate market is risky, it doesn't mean that people who make money are not at risk. In fact, in the process of diversification, risk can become ubiquitous when the market moves lower. When the speed of making money cannot keep up with debt, bankruptcy is inevitable. Therefore, in this reshuffle of wealth, real crises and opportunities are gradually revealed.
However, in the process, the rich are not affected too much. They can borrow money to buy it at willPropertyto treat it as a consumer product. IfInvestmentswithLeverageThe risk is too great, then the best option for most ordinary people is not to touchProperty, once you get involved in this field, you may fail completely. If your friends have beenInvestmentsReal estate, it's best to make them aware of this reality, maybe it will change their lives.
There are huge risks in the real estate marketEconomyThe recession is even more pronounced. Ordinary people should avoid the risk of going into debt and not blindly joinReal estate investmentof the ranks. Although real estate may have beenEconomyof the mainstay, but inEconomyIn times of recession, it can be one of the biggest obstacles preventing people from escaping poverty. Therefore, the best option for most people is to avoid the real estate market and seek more security and stabilityInvestmentsManner.
In this day and age, we need to look more rationally and wiselyInvestmentsand the problem of wealth accumulation. Only by fundamentally understanding and recognizing the risks can we protect our interests in this era of fierce competition. Let us put aside the notions of the past and face the challenges of the future with a more pragmatic attitude.