When we look back at the rapid development of China's real estate in the past 20 years, it is not difficult to find that housing prices have soared from the initial two or three thousand yuan per square meter to more than 10,000 yuan per square meter today. This makes it difficult for ordinary people to spend at least a million dollars on a decent property, which is really unaffordable for most families.
However, a house is very important for ordinary people, because it is not only about the marriage of young people, but also directly related to the education of children and the medical security of the elderly. As a result, many families have to spend money to buy a house even if they are in debt. Therefore, many people believe that in recent years, most of the family wealth has been "swallowed" in the real estate market, and the purchase of a set of real estate has made more than 200 million families in China bear long-term and huge loans, which has seriously dragged down people's quality of life.
However, as the real estate industry enters a phase of saturation and surplus, property sales are no longer as hot as they used to be. Whether it is a big city or a small city, housing prices have also begun to show a trend.
The data shows that from January to September 2023, the sales of the top 100 real estate companies in the country fell by 103%, compared with the same period last year, and even worse than last year's epidemic, the decline in sales has gradually expanded, showing that the real estate market situation is very serious.
What are the bad practices of banks and developers?
At present, developers have found that the "hunger marketing" engaged in in the past is no longer effective, because the people have realized that there are still a large number of "inventory houses" for sale in China, so everyone is waiting and seeing, and they are looking forward to further housing prices.
However, after discovering that it was already difficult for banks and developers to "collect wool", they began to resort to other means, some banks should provide convenient and preferential services to home buyers, but took advantage of their position to charge indiscriminately and secretly increase interest rates.
For example, some banks insist that home buyers purchase designated insurance products when lending, or quietly overcharge fees such as handling fees and appraisal fees.
There are also banks that "discount" but secretly raise interest rates, or set up various "pits", falling into the penalty trap of "early repayment" or "deferred repayment".
The actions of these banks not only violated the law, but also violated the principle of fairness and good faith, directly harming the rights and interests of home buyers, and increasing the burden and risk of home buyers.
However, for the sake of profits, some developers engage in false sales, delay delivery, and reduce quality, which directly damages the interests of home buyers.
As the first party in the market, the developer should have delivered the house with quality and quantity, but it did everything to deceive and damage the buyers.
This kind of bad behavior not only violates the law, but also violates the spirit of the contract and social conscience, and directly affects the quality of life and happiness of home buyers.
Banks and developers are supposed to be the watchdogs of the real estate market, but some collude to engage in "insider trading" or "malicious bankruptcy" to the detriment of home buyers.
These bad behaviors not only violate the rules, but also violate the rules of the market and good atmosphere, seriously damage the rights and interests of home buyers, and also undermine the credibility and stability of the market.
What kind of impact will these disgraceful behaviors of banks and real estate developers have on the economy?
1. Market fairness and efficiency are undermined
The proper functioning of the market requires information symmetry, fair trade and rational participants. However, banks and developers take advantage of information superiority or dominance, operate opaquely, and trade unfairly with small investors or consumers, which can undermine market rules and undermine fairness and efficiency.
2. Market confidence and economic stability have been affected
The actions of banks and developers affect market confidence, with broader economic consequences. Unfair lending or consumer exploitation can cause borrowers to default, affect bank asset quality, and implicate financial stability. Improper practices by real estate developers may hinder the normal development of the market, or trigger a real estate bubble, exacerbating economic risks.
3. Social equity is threatened
In a market economy, the fair distribution of resources is reasonable. However, the unfair distribution of profits between banks and developers not only exacerbates social inequality, but also exacerbates social contradictions and threatens social stability.
Finally
The behavior of banks and real estate developers cutting leeks has put buyers in a desperate situation, and the reality is chilling. As real estate agents, how should we protect our rights and interests and avoid being the target of being cut leeks or even plucked onions?I believe that we can improve our financial and investment awareness, not blindly follow trends, not be greedy for small gains, do what we can, rationally plan assets and debts, and avoid falling into the debt vortex.
Expand your social circle and network resources, no longer fight alone, refuse to be bullied, and never slack off and remain silent. Actively integrate into various homebuyer groups and organizations, share experiences and information in a timely manner, support each other, and collectively resist injustice and illegal behavior.
All in all, buying a home is a big challenge. We need to be cautious and rational, not to be swayed by the "leek-cutting" behavior of banks and real estate developers, to stick to our beliefs and goals, to strengthen our self-confidence and courage, and to work hard for our own happiness and safety. Property