In the past, for the first-tier cities with a huge volume, the demand for housing rental market was very large, and the rent was also rising, so that many migrant workers dreamed of being a "charter wife", so that they could realize the dream of lying flat and collecting rent.
The hot rental market lasted for many years, until last year, when the rental demand in both second-tier and first-tier cities slowly weakened. The rental market in many second-tier cities is slowly weakening, mainly because more and more people can afford to buy houses, which reduces the demand for rent, thereby increasing the pressure on housing rentals, resulting in a decline in rents becoming an inevitable choiceThe decline in rents in first-tier cities is the same frequency as housing prices, and with housing prices, rents naturally fall.
It is understood that a landlord in Shanghai rents a one-bedroom house located in the core area, with an area of about 50 square meters, and before that, this house has been rented out at 6,500 yuan a month, and there is no worry about renting it at all. Starting in the second half of 2023, I didn't expect the house to be rented no matter what, and in this regard, the landlord reduced the price by 1,000 yuan a month, but no one cared. This is not an isolated case, as is the case with many landlords in Shanghai, whose rents have dropped again and again, but still can't make a successful rent. This is undoubtedly a big loss for landlords.
Some experts have analyzed that at this stage, the number of second-hand housing listings in various cities remains high, and it is difficult to sell second-hand houses, among which many landlords choose to "sell and sublease" in order to reduce losses, resulting in a large number of people waiting to rent ** pouring into the rental market, thereby increasing competition, resulting in landlords having to reduce rents for rent. In addition, some people said that the first department will concentrate a large number of rental housing into the market, so that the pattern of the housing rental market has been completely changed.
In August 2023, the state proposed to increase efforts to launch the construction and distribution of affordable housing, realize home ownership, and comprehensively solve the housing problem of residents. As a result, there will be a large influx of affordable housing into the market in the future, and people who originally rented houses may choose low-cost affordable housing. Then for most landlords or second-hand house owners, it will not be possible to "lie flat" to collect rent as before, and only a small number of landlords may improve the quality of service and living to attract high-quality tenants.
Rent in first-tier cities