A generation of young people is under great pressure and difficult to move forward under the real estate development model!
In recent years, China's real estate market has continued to heat up and has become the focus of public discussion.
Behind this booming market is a troubled generation of young people, who are facing the pressure of buying a house, the pressure of marriage, and multiple pressures from life, career, etc., and carrying a heavy burden.
This paper analyzes the impact of China's ownership model on the younger generation and proposes ways to deal with it.
First of all, China's real estate market presents a unique phenomenon, namely high housing prices put a lot of pressure on young people.
What is unique is that there is no other country in the world where young people are so obsessed with buying a house, only us. This is the result of attachment perceptions created by culture and customs.
And high housing prices have become a major obstacle for young people to buy homes. Taking Shenzhen as an example, in 2022, the average selling price of commercial housing reached 57,691 yuan per square meter. And in 2023, although the house price has decreased, it will still reach 57,000 yuan.
For many young people, buying a home in a first- or second-tier city is a huge challenge. According to statistics, more than 80% of homebuyers under the age of 30 need parental support.
Under the pressure of high housing prices, young people have to give up the opportunity to pursue a career, give up their old life dreams, and focus more on the life event of making money to buy a house.
In addition, land financing leads to an uneven distribution of resources. In recent decades, the dependence of local governments on land financing has led to an over-concentration of urban land resources and underutilization of rural land resources.
In 2019, the total amount of land transfer fees in the country reached 62 trillion yuan, with an average annual growth rate of 198%。This uneven development pattern has led young people to migrate to big cities in search of better living conditions, exacerbating urban population pressures and indirectly driving up housing prices.
For a variety of reasons, the impact of the real estate model on young people cannot be ignored.
First of all, career development suffers.
The pressure to buy a home forces young people to shift their focus to buying a home, causing them to jeopardize their careers and give up development opportunities such as entrepreneurship and investment, which will seriously affect the innovation ability of the whole society in the long run.
Secondly, love marriages will also be affected.
More than 50% of singles cite house prices as the main reason for their marriage. Young people postpone marriage or even give up on love because of the pressure to buy a house, which is extremely harmful to both individuals and society.
In addition, mental health issues cannot be ignored.
According to the "China Adolescent Mental Health Survey Report", more than 80% of teenagers said that the pressure of buying a house has a negative impact on their mental health, and long-term exposure to this high-pressure state can lead to anxiety, depression and other psychological disorders.
Therefore, it is urgent to solve the problem of the current young generation's difficulty in buying a house, and a series of measures must be taken at the same time to give them hope.
To solve these problems, ** and society must take a series of measures.
First of all, improving the housing security system is fundamental.
* Greater investment in the construction of public rental housing and co-ownership housing must be increased to meet the housing needs of young people.
At the same time, it is necessary to optimize the allocation of land resources, reform the land system, and guide the integrated development of urban and rural areas. By revitalizing rural land resources, improving rural infrastructure, and guiding young people to return to their hometowns to start businesses, the pressure on the urban population will be alleviated.
More importantly, values need to change.
We must guide young people to develop the right values and make them realize that happiness is not just about owning a house, but more importantly about seeking all-round development.
By improving the level of services in the fields of education, health and culture, the spiritual life of young people will be enriched and their over-dependence on the real estate industry will be reduced.
In short, the impact of the real estate model on the younger generation has become a social issue that cannot be ignored, and it can no longer continue to turn a blind eye, and must be actively responded to in order to break the current situation.
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