Since 2024, the rescue measures of the property market in various places have been continuously strengthened, and the property market has gradually recovered, but there has been an obvious turning point in housing prices, and the era of unilateral ** in the past no longer exists. In the new and second-hand housing markets in many cities, there has been a significant decline, especially in the suburbs, and the decline is even more shocking. Housing prices in some economically developed cities in the south are still firm, but from the perspective of the overall property market, housing prices have entered an era of general decline. At this time, some voices claim that house prices will be substantial** and warn that people will miss the opportunity if they do not buy in time, which worries those who do not already own a home.
According to the observation of Wang Jianlin, the helmsman of Wanda Group, he has a unique vision and can always lead the industry trend. He chose to sell Wanda Plaza on a large scale in 2023, a move that shows his solid business philosophy. He foresees the uncertainties and risks in the market, and is deeply aware of the difficulty of the continued prosperity of the real estate industry. Therefore, he remains optimistic about the trend of housing prices in first- and second-tier hot cities. This also indicates that house prices will not return to the general inflation situation of the past. However, for those who are located in first- and second-tier cities, now is a good time to buy a home. With house prices stabilizing, now is a good time to buy a property and realize your dream of living in peace.
For buyers who just need to buy a house, they are not only worried about housing prices**, but also uneasy about the continued housing prices**. Housing prices are still high, and buying a home requires depleting savings, and may even require support from family members and a long-term mortgage. Therefore, if house prices continue**, their efforts may be in vain. No one wants their property to continue to depreciate, so people who have not yet bought a house are deeply worried about housing prices while worrying about them.
Nowadays, the real estate market is no longer a paradise for investors. With the increasing maturity of the market and the gradual strengthening of regulatory policies, the income from investing in real estate is becoming less and less, and it is even possible to lose money. In addition, the introduction of policies such as property tax and landlord tax has made the cost of holding real estate continue to rise, while the corresponding benefits are becoming increasingly thin. There is also the possibility of a vacancy tax in the future, which will put more financial pressure on property owners. In this context, the property market is no longer an ideal choice for investors.
*The regulatory measures for the real estate market and the supply and demand of the market will determine the trend of housing prices. For home buyers, buying a home at the right time, choosing the right city, and sharing the financial burden with the family will be a wiser choice. In addition, for those who currently hold property in small cities, it is possible to consider cashing out to ensure the safety of the asset. Investors should pay attention to other areas, such as **, etc., to achieve the preservation and appreciation of assets.
To sum up, whether house prices can resume their upward trend in 2024 is unlikely at present. Housing prices have shown a clear downward trend, and the overall property market has entered an era of general decline. Although some popular cities remain stable or even **, overall, the growth potential of the real estate industry will gradually weaken, and the industry may enter a downturn. For home buyers, now is a good time to buy a home, especially those located in first- and second-tier cities. However, for investors, the investment risk in the real estate market will continue to rise, and the returns may gradually decrease. Therefore, optimizing asset allocation and finding new investment areas has become an important issue for investors to consider.