Apartments and houses are two different types of properties in our country.
Apartments belong to commercial real estate, the land use right is shorter, usually 40 years, and the property rate is usually higher, in terms of living lifestyle, it is more open, usually commercial and residential open communities, people are more frequent, and there are also hotels and other formats in the apartment.
Housing is a pure residential function of the real estate, usually bound to a certain household registration, school districts and other scarce urban resources, more suitable for family living, housing customers are the majority of just need buyers, the audience is much wider than the apartment, therefore, in the second-hand housing market is often more mobile.
From the perspective of market demand, in 2024, the commercial real estate to which the apartment belongs is not very prosperous at present, and in the past few years, especially in the three years of the epidemic, many people'sOffice models (many people have adapted to working from home) and market expectations have changed. 、
According to data, from 2021 to 2023, the net absorption of Grade A office buildings in Beijing (new leased area + expanded leased area - surrendered area, used to measure the market demand for office buildings) dropped from 1.01 million square meters to 1270,000 square meters, a decrease of 87%; Shanghai fell from 1.36 million square meters to 390,000 square meters, a drop of 71%; Shenzhen has dropped from 840,000 square meters to 220,000 square meters, a decrease of 74%, and the Grade A office buildings in the three first-tier cities have shrunk significantly.
Even the vacancy rate of commercial real estate such as office buildings in Beijing, Shanghai, Guangzhou and Shenzhen is very shocking, which shows that the current market demand for commercial offices has been greatly reduced (because it is indeed impossible to maintain such a large office and so many office staff), and with it, many large factories are followingSalary cuts, layoffsThe number of people working and doing business in the city is also decreasing significantly, and the life of apartments and hotels will certainly not be easy.
From the point of view of input costs, the down payment for the purchase of an apartment is usually reached50% of the total value of the property, which is 5% of the down paymentAnd the loan term is generally relatively short, usually10 years.
Housing has a certain nature of people's livelihood and housing securityThe first house can usually do 20%, and the second house is generally 30%.There may be room for decline in the future, and the loan tenure can be longer, which can be as long30 years
Assuming that you have 200,000 yuan in your hand, then you can only make enough money for a down payment of about 400,000 yuan for an apartment, but you can leverage a house worth about 1 million yuan, so from this point of view, buying a house can better play the leverage effect of 200,000 yuan, pay the same cost, the size and scale of assets that can be controlled, obviously housing has more advantages.
From the perspective of the holding cost, rate of return, and liquidity of assets in the later stage, residential buildings are also comprehensively crushing apartment products.
First of all, in terms of holding cost, the property rate of the apartment is usually higher, but due to the open nature, the standard and standard of property service are difficult to achieve the high quality of the residence, and the management is usually more chaotic, and the rate of commercial water and electricity is also much higher than that of the residence.
Secondly, in terms of rate of return, apartments and houses usually have 2 ways to return, one of which is:Rent, the rent is not much different, and even the residential is higher, because the unit area is larger, and the rent negotiation depth is broader; The second isMonetizationIn terms of realization, apartments are completely lost to residences, and the cost of transaction circulation is not as low as that of residences, and there is also a lack of liquidity.
Liquidity,Residences are the king of all real estate, and apartments can only be considered bronze at best, just because the total price is lower, a little better than the villa, after all,The mainstream rigid demand in real estate is a house that can settle down, go to school, and live as a familyThe audience area of apartments is small, the circulation cost of second-hand housing transactions is high, and there is a relative lack of liquidity, which is not so easy to realize.