The decline in the property market has expanded, and the reason points to two words, where is the market support?
With the downturn in the real estate market and the growing **, people can't help but question whether real estate can support this heavy economic burden. Well-known economists believe that it all is because of one word: supply and demand.
First, let's start with the best perspective. In the context of the rapid development of urbanization in China, China's urban residential land is increasing, and developers are increasing investment, resulting in an oversupply of housing. Therefore, with the continuous development of real estate, buyers have lost confidence and have adopted a wait-and-see attitude, and the market supply is greater than the demand. As an industry insider, I know at a glance that the recession of the real estate market is one of the important factors. Second, let's reconsider the question of what exists on this issue. In recent years, due to the aging of the population and the increasing improvement of public service facilities such as education and medical care, many young people choose to marry later and have children later, resulting in a decline in demand in the housing market. Coupled with a series of measures such as real estate tax and interest rate regulation, the cost of buying housing has risen sharply, which has reduced people's enthusiasm for buying housing. The imbalance between supply and demand has caused the decline of real estate, which has caused the instability of the real estate market.
In addition to supply and demand factors, analysts also believe that the downturn in the real estate market is also related to the regulation of fiscal policy. In the case of the continuous strengthening of financial supervision, the credit crunch on banks has made it difficult for buyers to obtain more loans, and the cost of buying a house is also rising, which to a certain extent restricts people's desire to buy and makes the vacancy rate of housing continue to rise. However, due to the existence of speculation, the depression of the real estate market in our country has been caused. Some investors in the pursuit of high profits at the same time, but also as a means of speculation, rather than the pursuit of long-term interests of stable assets, such speculation caused instability, a large number of bubbles, and when these bubbles burst, will definitely cause turmoil in the real estate market.
The imbalance between supply and demand in the real estate market, financial policy regulation, and the flood of speculative activities all work together on the real estate market. In this regard, we must have enough sober awareness, through the best policy guidance, through the adjustment of the market, to achieve the balance between supply and demand, curb speculation, so that the real estate industry back to a reasonable track, to maintain the healthy development of China's economy. This is also a difficult problem for the real estate market at present. I hope everyone will stay rational and work together to make a modest contribution to the stable development of the real estate market.