Kunpeng Project
Is it smart or stupid to sell a property? Analysis brings answers
As 2023 draws to a close, our real estate market has once again experienced a new round of downturn.
According to the latest data released by the National Bureau of Statistics (INE) in December last year, 62 of the country's 70 large and medium-sized cities saw a year-on-year decline in new homes**, and second-hand homes** or even all of them.
This cold figure fully reflects the current adjustment trend and fierce competition pattern of the real estate market.
With the irregular fluctuation of housing prices and the continuous change of the economic environment, people have begun to think seriously: whether to take advantage of the situation to ** real estate, or to keep the assets in front of them?
For this question, professionals know the mystery and unravel the mystery for us. Let's unravel the mystery and better understand what's going on in the real estate market.
Since 2019, China's real estate market has entered a period of continuous decline. This situation is influenced by a complex combination of factors.
1.The mysterious exit of the investment buyer.
In recent decades, the real estate market has continued to be hot, mainly due to the fact that the continuation of real estate has triggered a frenzied influx of investment buyers, setting off a boom in home purchases.
However, with"Housing is not speculation"In recent years, the establishment of political concepts and the continuous regulation of the real estate industry have been strengthened, with the introduction of a series of policies to restrict purchases, loans and sales, as well as strict scrutiny of investment mortgages, which has gradually weakened the attractiveness of China's real estate investment.
As the market gradually becomes saturated, house prices continue to fall"Buy up, don't buy down"The prevalence of the mentality has led many investors to mysteriously opt out of the market, further disrupting the supply and demand pattern in the real estate market.
2.Demand for new unit purchases has weakened.
After three years of the pandemic, the economic situation of many people has been affected, and the common situation is a decrease in income or unemployment, and a significant decrease in purchasing power.
People are more inclined to set aside money for a rainy day, and the demand for buying a house gradually weakens and becomes more rational.
3.The mystery of population ageing.
The demographic structure of our country is changing, and the proportion of the elderly population is increasing year by year. According to **, by 2030, the population aged 60 and over in our country will reach 400 million, accounting for nearly 30% of the total population.
At that time, the elderly usually have relatively stable housing, and the demand for new housing is significantly reduced, resulting in a decline in demand in the real estate market.
What's more, young people's outlook on life has changed strangely, with many no longer seeing property as a priority.
A survey of young people between the ages of 25 and 35 showed that nearly 60% of respondents said they did not plan to buy a home in the next five years, casting a veil of uncertainty over changes in demand in the housing market.
Given the current state of the real estate market, the answer is clearly a wise choice as to whether the remaining properties are a wise or unwise decision.
This conclusion is based on the following highly complex and emerging factors.
1.The mysterious vacancy rate of our homes remains high.
Officially, China's housing vacancy rate has risen to 15 percent, and in some provinces it can be as high as 25 or 30 percent.
With a population of more than 1.4 billion people, these vacant houses are underutilized and difficult to meet the housing needs of the entire population.
In this case, the excess property and turning it into cash is not only a smart way to protect against the current market risks, but also to preserve its value financially.
2.The supernatural effects of property tax policy.
With the introduction of property taxes, the cost of real estate has shown a supernatural upward trend, especially for those who own multiple properties, which can become an unbearable burden.
Policy adjustments that cannot be made will lead to a more supernatural tax policy. In this case, the property can reduce the financial burden and reflect its advantages.
3.The supernatural acceleration of China's affordable housing**.
At present, China's major cities are promoting the commercialization of affordable housing, including affordable rental housing and co-ownership housing, at a speed that is visible to the naked eye.
This initiative will mysteriously solve the housing problem of low- and middle-income families in the city.
With the astonishing construction and advancement of the affordable housing market, the demand for the commercial housing market will be mysteriously diverted, and the housing prices will also have a supernatural gradual reversal process.
In this market shift, surplus commodities will be a supernatural response to this supernatural shift and will reduce financial risk.
Combining the above three points, it is wise to have a surplus of assets. This is not only in line with the country's political orientation, but also helps to reduce risks.
How to handle this situation for individuals who own multiple properties? Dealing with redundant properties requires a very complex and abrupt decision that takes into account each person's unique circumstances and needs.
If you already own a house in a Tier 1 city or hot spot, rush** doesn't seem very rational.
At this point, it is prudent to maintain or increase the value and wait for the mysterious market to pick up before making a decision. Although the market is full of crises, the attractiveness of first-tier cities has not weakened, and the absolute housing price is still above 100,000 yuan per square meter, and the supernatural space of housing prices** is limited, and there is still a strong potential for value preservation or appreciation in the future.
However, if your property is located in a third- or fourth-tier city where the population loss is faster and the number of properties is higher, your property may be at risk of being faster and more mysterious, so you should carefully consider whether to do it right away or your property.
This mysterious process of disposal also requires an in-depth analysis of factors such as property quality, location and market demand, as well as taxes and transaction costs, to ensure that benefits are maximized.
In addition, it is necessary to conduct an in-depth analysis of the use of funds after the property to assess the ideal benefits and risks of these options.
Typically, the proceeds can be invested in other more esoteric or more robust projects to increase return on assets and wealth growth.
However, if you can't find a suitable investment, or if you lose money due to a failed investment, you will lose stable assets and income**.
Therefore, it is still necessary to conduct proper market research and risk assessment before ** property to avoid making sudden and wrong decisions.