The end of the property market has been decided!Nearly half of urban households will face three major troubles
Friends who pay attention to the changes in the property market know that after entering 2022, China's property market has entered a new stage of development, not only is it becoming more and more difficult to sell houses, but also housing prices seem to have"Unlimited**"momentum. According to the data released by the China Index Academy, the total sales of the top 100 domestic real estate companies in the first 10 months of 2023 will be 5,297.7 billion yuan, a year-on-year decrease of 131%。
At the same time, as the property market"Barometer", the national second-hand housing market is not very prosperous. The latest information shows that in October 2023, the average second-hand residential property in 100 cities across the country will be 15,486 yuan square meters, a year-on-year decrease of 045%, which has been down year-on-year for 18 consecutive months!
In the context of continued housing prices, some experts say that the overall pattern of China's real estate market has been decided, and the next changes may exceed many people's expectations!
According to the China Housing Development Report (2020-2021), by the end of 2021, there will be 584% of households own one home, 31% own two, 105% of households own three or more homes. It can be seen that about 41 of the population in China own two or more houses5%。
In fact, after two years of change, some experts have said that the number of households in China with two or more houses has reached about half of the total number of urban residents, and most of the family's wealth is in the house. Many people believe that housing prices are related to the wealth of national residents, so under the regulation and control of the state, housing prices are likely not to be large.
For ordinary families, whether the house price rises or falls in the future, it has little to do with them, because buying a house is not for investment, it is basically for self-residence, so the trend of house prices is not important to them.
On the other hand, for families with two or even ten suites, if the house price continues to ** in the future, it is inevitable that they will encounter three major headaches, so prepare in advance!
The first question: most homes will continue to depreciate.
Whether the house continues to depreciate is a very controversial topic. But if we are willing to admit that there is a big bubble in China's housing prices at present, it is an indisputable fact, and under the influence of key factors such as population aging, young people not getting married, pedophilia, etc., housing prices have lost the motivation to continue to **market"Regulation"The role has become smaller and smaller.
We **, next year, with Hegang, Yanjiao and other cities with major changes in housing prices will be more and more, a large number of them.
Cities in the third, fourth, and fifth tiers will take the lead"Stretched"。
The second problem: the cost of maintaining a home can add to the pressure.
Due to the fact that China's housing prices have been at a high level for many years, many people have bought houses by increasing their debts, which appear to be very large on the surface, but in fact they owe a large amount of loans behind them, and the repayment period is generally twenty or thirty years. Before the national economy developed steadily and rapidly, all walks of life were growing, they did not feel too much economic pressure, and life was quite passable
But after a few years of popularity, coupled with increased global economic uncertainty, this means that most people's incomes are starting to become unstable, and some have even lost their jobs, at which point the loans they owe become a burden. And those who have more housing are under more pressure.
The third problem: houses are getting harder and harder to sell.
In the past, many people bought houses when they had money, mainly because they thought that money would depreciate with inflation, but the house would always appreciate in value, so they used money to change houses in large quantities. But now the development of the property market is beyond people's expectations, most of the houses in the city are **, especially those houses in the area are not so good, and some have even fallen by 30% to 40%, along with the huge loss of loan interest costs, buyers even choose to sell their houses are also heavy losses.
It is worth mentioning that it is not so easy to sell many ordinary houses now, and it is not difficult to reduce the priceIn addition, China has been vigorously developing the construction of the affordable housing system, and many small houses will depreciate sharply.