The property market is becoming more and more difficult market reality.
In recent times, the real estate market has seen a huge amount of inventory and a free-fall ***, which makes people wonder if the real estate market is really getting tougher!
First, let's take a look at what ultra-high inventory is. High inventory refers to the presence of a large stock of housing in the real estate market that exceeds normal demand. This situation often leads to house prices**, sales difficulties, and even appearance"Empty city"Phenomenon. At present, many cities in China have an overstock, especially in third- and fourth-tier cities and some counties. In recent years, the real estate market in these places has developed too fast, resulting in a serious backlog of inventory and housing prices, which has put a lot of pressure on the local economy. So, why are inventories so high? On the one hand, due to the overdevelopment of the real estate market in recent years, developers blindly expand in pursuit of short-term profits, resulting in an oversupply of houses in the market. On the other hand, with the acceleration of urbanization, the planning and development of some cities have failed to keep up, resulting in insufficient urban infrastructure and public services, making it difficult to attract more people, and the original residents cannot afford high housing prices for various reasons, further exacerbating the problem of sky-high inventory.
Next, let's analyze the situation that *** refers to the real estate market housing **substantially**. The emergence of this situation will not only lead to difficulties in selling houses, but also bring huge economic losses to residents who have already bought houses. At present, the housing prices in some cities in China have appeared obviously, especially in some highly leveraged and high-risk real estate markets. Over the past few years, the real estate market in these places has been overly reliant on credit expansion and investment speculation, resulting in inflated house prices, which will be significantly higher once the market corrects. So, why are house prices **? On the one hand, due to the over-reliance of the real estate market on credit expansion and investment speculation, the capital chain is broken, and housing prices will be ** when the market adjusts. On the other hand, with the strengthening of political regulation and financial supervision, some unhealthy real estate markets will find it difficult to maintain high housing prices, and housing prices will naturally fall. In response to the problem of high inventory and free fall of housing prices, ** and relevant departments have taken a series of measures. First of all, it has strengthened the regulation and control of the real estate market, and curbed speculation and excessive investment and stabilized market expectations through policy measures such as purchase restrictions, sales restrictions, and loan restrictions. Secondly, through tax incentives, reduced loan interest rates and other measures, encourage and support residents' demand for self-occupation and improved housing, and reduce residents' housing costs. In addition, it has also strengthened the supervision of real estate developers, through strict project approvals, land transfers and other measures to prevent blind development and overexpansion. The implementation of these measures has already yielded some results. Real estate in some cities has begun to stabilize and rebound, and the sales market has also picked up. However, in order to fundamentally solve the problems of high inventory and housing prices, it is also necessary to increase efforts in urban planning, infrastructure construction, and public services. At the same time, real estate developers also need to look at the development of the real estate market more rationally and avoid blind expansion and over-reliance on investment speculation.