In 2023, the number of foreclosure houses across the country will skyrocket, which has attracted widespread attention from the society. The emergence of this phenomenon is not accidental, but caused by a combination of factors.
First of all,EvergrandeThe outbreak of the problem has had a huge impact on the entire real estate industry. EvergrandeAfter the thunderstorm, the capital market was strongly affected, and many were in troubleReal estate enterprisesIt has also been affected. And that's not just trueReal estate enterprisesitself has caused difficulties, but also for the real estate industryUpstream and downstream industrial chainswithLocal FinanceThere was a negative impact.
Secondly, real estate is a pillar industry in China, and its development is related toEconomyVitality is closely related. With the overall downturn of the real estate industry, the whole societyEconomyVitality has also taken a hit, and many people have lost their jobs. As a result of losing one's income, the number of foreclosures began to skyrocket.
In addition,Room ratesIt is also one of the reasons for the surge in the number of foreclosure houses. Especially in 2023, in some areasRoom ratesExperienced many times**. For example, the area around BeijingYanjiaoRoom ratesThe drop was larger, from 2 million to 1 million or even lower. In this case, many residents choose to cut off their supply because the price reduction is enough for them to buy againPropertyor reduce your monthly mortgage burden. As a result, the number of foreclosure houses has increased substantially.
To sum up, the main reasons behind the surge in the number of foreclosure houses include:EvergrandeThe outbreak of problems, the overall downturn in the real estate industry andRoom ratesThe combined impact of ** and other factors.
The biggest reason for the surge in foreclosure is income. withEvergrandeThe outbreak of the problem, the turmoil in the real estate industry triggered the capital market and brought about deflation in the job market. The job market is more competitive than in the past, and finding a job is much less difficult and less expensive. Many people have lost their jobs and are unable to continue paying their mortgages.
In addition, there is another reason for the surge in foreclosure housesRoom rates**。In 2023, some regionsRoom ratesexperienced many times**, especially in the area around BeijingYanjiaoRoom ratesThe drop is larger. This has led many families to cut off their supply because the price reduction is enough for them to repurchasePropertyor reduce your monthly mortgage burden.
As a result, income issues are one of the main reasons for the surge in foreclosures. The job market is sluggish andRoom ratesAs a result, many residents are unable to continue to repay their mortgages and can only choose to cut off the mortgage, which has led to a significant increase in the number of foreclosure houses.
Another important reason for the surge in foreclosure listingsEconomydownside. The real estate industry is a pillar industry in China, and its development is related toEconomyVitality is all about it. EvergrandeThe outbreak of the problem caused turmoil throughout the industry, rightUpstream and downstream industrial chainswithLocal FinanceThere was a negative impact. In the context of the overall downturn in the real estate industry, the whole societyEconomyVitality has taken a hit, and many have lost their jobs. Unemployment has led to a decline in income, which in turn has affected residents' ability to repay their loans, leading to a surge in the number of foreclosure properties.
In addition,EconomyThe downturn has also led to increased competition in the job market. In a highly competitive job market, it is difficult for many people to find a stable job, especially high-paying jobs are more scarce. The instability and decline of income have made it difficult for residents to bear the burden of housing loans, and then they have chosen to cut off their mortgages, which has further contributed to the increase in the number of foreclosure houses.
Therefore,EconomyThe downturn is one of the important reasons for the surge in foreclosure properties. The real estate industry is sluggish andEconomyThe downturn has had a negative impact on the job market and household incomes, making it impossible for many people to continue to pay their mortgages, thus exacerbating the increase in the number of foreclosures.
Faced with the surge in the number of foreclosure properties, many people are beginning to pay attention to whether they can still buy themProperty。In response to this problem, individuals believe that they should choose according to their own specific circumstances.
First of all, if the individual does not have housing andRenting a houseIt is inconvenient, and at the same time there is a certain amount of money on hand, so you can buy a small apartment appropriately conservativelyProperty。However, it is not advisable to over-leverage when buying to avoid taking on excessive debt.
Second, we should be prepared for unemployment and try to reserve as much money as possible. Once you lose your job, you may face the dilemma of not being able to repay your mortgage, and saving a certain amount of money can prevent itEconomyIt is difficult to choose to cut off the supply.
For non-rigid needs, it is not recommended at this timeBuying a house。in the current oneMacroeconomicsenvironment, the real estate market is more volatileRoom ratesIt doesn't always last**. Therefore, holding cash is the safest option to keep your money safe.
Overall, the surge in foreclosure is reflectedRoom rates** and the problem of declining household incomes. For individuals, make a wise decision based on their own situationBuying a houseThe choice is very important. The job market andEconomyChanges in the situation need to be paid enough attention to ensure their ownEconomySafe.