property marketThe first phenomenon is that the cost of high housing prices is unaffordable. Taking first-tier cities as an example, the average in the first half of the yearRoom ratesUp to 780,000 square meters, for a set of 90 square meters medianProperty, the total price has exceeded 7.02 million yuan, even ifDown paymentThirty percent, also need up to 2.1 million yuanDown paymentFund. Such a threshold is prohibitive for many families. Even if you look at the whole country, averageRoom ratesIt also reached 10,458 yuan per square meter, and for a 100-square-meter house, the total price also needs to exceed 10450,000 yuan,Down paymentAlso more than 300,000 yuan. This makes it difficult for most ordinary people to afford suchBuying a houseCost.
High house pricesAnd not only to the ordinaryBuying a housebrought a huge oneEconomypressure, but also on society as a wholeEconomyIt has had a certain impact. High house pricesMakeBuying a houseThe decrease in demand has led to sales difficulties for developers and a tight capital chain, which in turn has affected the development and purchase activities of the land market. In addition,High house pricesIt also causes a waste of social resources. Many young people can't afford the exorbitantBuying a housecost, had to take a long timeRenting a houselive, makeRenting a houseThere is an imbalance between supply and demand in the market, rents**, and low resource utilization.
property marketThe second phenomenon is that the slowdown in urbanization leads to a decline in purchasing power. By the end of 2021, China's urbanization rate has reached 6472%, however, the rate of urbanization is gradually slowing down, and the net inflow of urban population is gradually decreasingPurchasing powerIt is also weakening accordingly. This phenomenon means the futureBuying a houseThe market will usher in a more rational and stable development, instead of the rapid growth of the past.
The slowdown of urbanization and our countryEconomyFactors such as structural adjustment, demographic changes, and the transfer of employment opportunities are closely related. With our countryEconomyFrom the high-speed growth stage to the high-quality development stage, some industry-oriented citiesEconomyThere was a weakening phenomenon, which led to a decline in net population inflows. At the same time, the aging of the population cannot be ignored, and the willingness of young people to choose to stay in first-tier cities has weakenedBuying a houseDemand has declined.
Urbanization is slowing downproperty marketThe impact is manifold. On the one hand,Purchasing powerThe decline makesRoom ratesFatigue, especially in cities with a net outflow of populationHigh house priceswill lose support. On the other hand,Buying a housefor the futureRoom rates's expectations have also changed, becoming more rational and prudent, and no longer blindly pursuingPropertyInvestments
property marketThe third phenomenon is the rising cost of owning a property. HoldPropertyThere are a range of costs that need to be incurred, such as landlord taxes, strata fees, etcLoansinterest and so on, these costs are rising, givePropertyInvestmentshas brought a lot of pressure.
Landlord tax has been introduced in many places in recent yearsPropertyTaxes, which are an additional burden for landlords. In someHigh house pricesarea, the landlord tax rate is already quite substantial, and if the rent is not recovered in time, it can lead toPropertyInvestmentsUnprofitable. The property fee is also an expense that cannot be ignored, with the improvement of community supporting facilities and the improvement of property management services, the property fee continues to **. In addition, as interest rates rise,Buying a houseThe pressure on monthly payments is also increasing.
This cost rises forBuying a houseandInvestmentsThis is a warning sign. HoldPropertyThe gap between the benefits and the costs is gradually narrowingROIFall, makePropertybecomeInvestmentsburden. This is also exacerbatedInvestmentsforRoom rates** worries, further increasing the pressure to sell the house.
property marketThe fourth phenomenon is that the decline in household loans affects the vitality of the market. OccupantsLoansYesBuying a housecarried outBuying a houseOne of the important funds**, and householdsLoansThe reduction means:Buying a houseThe decline in demand and the weakening of market vitality.
The data shows that householdsLoansShowing a downward trend, RMBLoansincrease at the same time as the occupantsLoansBut it is on a downward trend. Home loansReduced, not includedHome loansofConsumer loansand businessLoansIt is also decreasing, indicating that the market is gradually weakening. In addition, residents adopt lowDown payment, the willingness to buy a house with leverage has also been greatly reducedBuying a houseLeverageContinuous decline.
OccupantsLoansThe decrease is mainly limited by the regulatory policy of **Bank loansThe impact of policy tightening. ** Intensify the regulation of the real estate market and restrictHome loansand the size of theBuying a houseThe borrowing power of the person who makes itBuying a houseThe one is inBuying a housetimes faced with higherDown paymentStress and stricterLoansCondition. This is further weakenedPurchasing power, which affects the activity of the market.
Combining the above four phenomena, the futureproperty marketThe trends that are exhibited are:Room ratesFatigue, especially in cities with a net outflow of populationHigh house priceswill lose support. ForBuying a houseUnless it is just neededBuying a houseOtherwise, in the next 5 years, a more rational choice is to wait and see, and the assets in hand will be timely**, so as to better cope with market fluctuations.
Observedproperty marketWe have come to a clear conclusion: next two years, it is wiser to sell a house as soon as possible than to buy a house. The cost of high housing prices is unaffordable, and the slowdown in urbanization has led to a decrease in purchasing power, and the cost of owning a property has risenLoansof the reduction, allproperty marketof downsides. In such an environment,Buying a houseThey should remain rational and not blindly chaseproperty market** Illusions.
For ordinaryBuying a houseIn the case of the people,High house priceswithBuying a houseCost pressures are mounting, and many people may not be able to afford such a burden. So, in the next few years,Buying a houseThose who should maintain a conservative wait-and-see attitude and not be short-termproperty marketAffected by fluctuations, adjust your own in a timely mannerBuying a housePlan.
ForInvestmentsHoldPropertyThe cost is getting higher and higherROIAlso declining. In such a situation, it may be wise to sell your home in order to get a better oneInvestmentsRequite. Of course, for some specific regions and projects, there are still themInvestmentsopportunities, but more precise analysis and evaluation are required.
In general,property marketThe current situation and trends have given a clear answer, and we should make informed buying and selling decisions based on our own situation and market changes. Either wayBuying a houseStillInvestmentsshould remain calm and rational, and not blindly chaseproperty marketThe ups and downs of the real estate market from a long-term perspective.