In 5 years, how much will the property that is currently worth 3 million appreciate in value

Mondo Finance Updated on 2024-01-30

In 5 years, how much will the property that is currently worth 3 million appreciate in value

The impact of housing reform on the trend of housing**.

Since 1998, when the first reform of the housing system was launched, the people's living standards have been greatly improved. What used to be 6-7 square meters per person has now grown to 39 square meters. However, with the soaring of real estate**, national housing** soared from 2000 square meters per square meter in 1998 to 55 times, up to 11,000 square meters. Over the past few years, many people have gained financial freedom by investing in real estate. However, from the second half of 2021, China's real estate ** has shown a trend of correction. If you buy it in 2021, there's a good chance that its current value will drop by more than 30%. And those who have bought a house before now don't even have a down payment. Therefore, whether the house should increase in value depends on the trend, and if it encounters the momentum of value-added, it can make a big profit;But if it is just in time for the ** sharp fall, it is not only possible to lose money, but also difficult to realize. It is expected that there will still be a new trend in the property market in the next 2 months.

However, China's property market will show a downward trend in 2021. The data shows that from January to November, the sales area of commercial real estate in China was 121.2 billion square meters, a decrease of 23 over the same period last year3%;The total sales of commercial residential buildings were 1186 trillion yuan, a decrease of 26 from the same period last year6%。In November, the average second-hand housing in major cities across the country was 15,231 per square meter, a year-on-year increase of 062%, a decrease of 029 percentage points. Such changes indicate that the property market may enter a stage of adjustment.

Ma Guangyuan's views on the outlook for the real estate market.

As for the ** of three million one house five years later, Ma Guangyuan only said "2 sentences". As soon as he opened his mouth, he said: "The era of real estate is the best investment in China. In the second paragraph, "the house will gradually change to the direction of the house in the future." Ma Guangyuan's words are actually hinting that real estate will not continue to rise in the future, and he will return to the house. So five years later, buying a property for three million ** will not only not appreciate, but will also greatly depreciate.

This perception is due to the fact that there are currently 3 million houses in the first and second tier cities, either in the middle of nowhere, or in old houses in the city. Over the next five years, homes will be rapid, and it will be difficult to sell. The same is true in second- and third-tier cities, where there is no such a severe bubble, but there is a large exodus of people in many places, causing the property market to continue to decline. Therefore, whether it is a first, second-, third-, or third-tier big city, its housing ** will be linked to the economic income of local people. In fact, there are three major factors that cause the continuous adjustment of China's property market.

The reason for the continued correction of house prices.

First of all, the housing market is extremely excessive. Statistics show that China's housing stock has reached 640 million square meters. According to the standard of 80 square meters per household, there are a total of 8 million houses available for sale in the country. And in the U.S., 96% of households have a home. It is clear that there has been a massive over-the-top of housing in the last 20 years, and the demand for housing is declining.

Secondly, after three years of the pandemic, many people have lost their jobs and their ability to buy a house has been greatly affected. At the same time, expectations for future earnings growth are becoming more cautious. Many people will make a judgment about buying a house on the basis of reality, rather than blind optimism. In addition, since 2016, the state has issued a series of regulatory policies, including the "three red lines" issued by ** banks, and the restrictions on the real estate market issued by local **. In 2021 alone, more than 650 regulatory measures were introduced. For so many years, the regulation policy of the real estate market has been brewing, and it is unrealistic to want to reverse the policy of the real estate market in a short period of time.

Valuation of 3 million homes and my own opinion.

In short, in the future development trend, the residential ** will gradually return to the nature of the residence, and will face a series of adjustments. Therefore, the price of a house that is currently selling for 3 million is likely to fall in price in five years. When buying a house, you should be cautious, don't blindly pursue a momentary speed, start from your own actual situation, and take into account your own actual situation. Buying a house is not simply an investment behavior, but a major event in life. According to your actual situation, choose the appropriate method and time to buy a house. In addition, for those who have already bought a house, they should take a long-term perspective, combine their own needs, and use them flexibly to achieve better value preservation and use efficiency.

The development trend of real estate is affected by many factors such as supply and demand, economic development and regulatory policies. In the next 5 years, China's housing will gradually change to the direction of housing, and there will be no obvious upward trend. So, a property that is currently worth three million is likely to fall in price in five years. Therefore, in the current situation, it is necessary to have a sober understanding and make correct policy decisions in order to better adapt to the current situation and long-term development. Investing in property doesn't necessarily make money, and it's a very big decision that must be carefully considered.

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