Starting next year, five types of real estate may become a "hot potato", and some experts have begun to "quietly."
A few days ago, the Ministry of Housing and Urban-Rural Development released new data: there are at least 600 million properties in the country. It is important to note that this is 600 million homes, not 600 million housing units (or sub-households). If you follow China's existing 4With 9.5 billion households, on average, each household can be allocated more than one house. Of course, among the 600 million houses, in addition to commercial housing, there are also small property rights houses, rural self-built houses, resettlement houses, etc. But even so, there is still a massive surplus of housing in our country.
At present, there is a serious surplus of houses in China, and the trend of depreciation of houses in the future will be inevitable. To this end, some industry experts remind that from next year, these five types of houses will become"Hot potato"：
The first category is small property rights.
So-called"Small property rights", mainly refers to the owner without the approval of the relevant departments, unauthorized construction of the house, without a complete house ownership certificate. This kind of house is not built in accordance with national standards, the quality of the house is uneven, and there are many potential safety hazards. In the past, many people were willing to buy small property rights, mainly because of the cheapness of small property rights, and at the same time, these people also hoped that small property rights houses could be recognized by the state, so that they could have the opportunity to become large property rights.
However, it now appears that the relevant state departments have vetoed the possibility of small property rights enjoying these rights, and the future of small property rights will be difficult to sell because there is no hope. As a result, some people who hold small property rights are currently working on"Quietly"Make hay.
Category 2, suburban houses.
Nowadays, there is a trend of adjustment in urban housing prices, and suburban housing prices tend to start ** and then gradually spread to the city center. The main reason is that there is no supporting infrastructure such as hospitals, schools, shopping malls, and transportation around houses in the suburbs, which makes it inconvenient for residents to live. As a result, suburban properties** are likely to decline.
In the city center, the various supporting facilities around the house are very mature and gather a lot of popularity, and the housing prices here are relatively more resistant. For this reason, many suburban homeowners are thinking of selling their surplus houses, and if they continue to delay, it will be difficult to sell.
The third category, ** overpriced buyers.
Families who bought homes between 2018 and 2021, when prices were at all-time highs, are now more than 30% higher than their highs**, costing many families who previously bought homes a lot of money. For these families, after a few years of home prices**, they have effectively lost their down payment. If house prices continue this trend, the decline could be even greater in the future. In order to avoid increasing losses, many families who bought houses in the first place have now given up.
Category 4, dilapidated buildings in the city center.
In the past, many families liked to buy old and dilapidated small schools in the city center, mainly because the old dilapidated small ** was relatively cheap and the surrounding supporting facilities were complete. What's more, after some people buy a dilapidated old house with a small apartment, they bet heavily on the demolition in order to obtain compensation for the demolition. However, now that the shantytown renovation and demolition have become old, there is no point in demolishing the dilapidated bungalows in the city center.
This has led to a significant increase in the number of old houses in the city center. In Shanghai, for example, in 2021, the number of old houses** in the city center fell from more than 100,000 square meters at the peak to 6-70,000 square meters now. At present, many people are selling at low prices in the city center, and in the future, this type of house will be more and more difficult to sell.
The fifth category, shops.
In the past, many investors would choose to invest in shops as long as they had cash on hand. As the saying goes,"One shop raises three generations"。The biggest advantage of investing in a shop is that it can not only rent out to get a stable income, but also push up the price of the shop for the future.
However, after three years of the epidemic, many people have developed the Xi of using smartphones to shop online and are reluctant to go to the store. In addition, after the epidemic, people's incomes fell or they lost their jobs, and consumer demand plummeted. As a result, the store is either not rented out, or business is not as good as it used to be. Of course, there are also more investors who quietly sell their shops to cash out.