Kunpeng Project
In 2024, these four types of items may usher in **substantial**, so please prepare in advance.
The Spring Festival holiday for the Year of the Dragon is coming to an end. Looking back at 2023, after China lifted epidemic control, the national economy showed a rapid upward trend. This shows that China's economic development momentum is strong. Looking ahead to 2024, everyone now expects the national economy to grow rapidly, prices to remain stable, and employment pressure to ease. However, I am afraid it will take some time for the national economy to fully recover to the level it used to be.
Judging from the current national economic trend, some industry experts suggest that these four things may lead to a sharp drop in housing prices in 2024, and everyone should prepare in advance. These four things are: 1. The deposit rate will fall; 2. Housing prices will be significantly larger**; 3. Cars appear"Wave of price cuts"；4. Household appliances will be lowered. Let's take a look.
First, the interest rate on deposits has fallen.
From the beginning of 2023 to January 2024, the six major public banks have been systematically reducing deposit rates, and other small and medium-sized banks are following suit. Currently, the interest rate on 3-year deposits has dropped below 3% and the interest rate on 1-year deposits has fallen below 2%. It is expected that bank deposit rates will likely continue to fall this year. The main reason why banks continue to lower deposit rates is that they hope that depositors will withdraw their money for consumption and investment, thereby stimulating economic growth.
At the same time, banks have lowered deposit rates in order to reduce the financing cost of home purchases for households and businesses to reduce financial risks. The deposit interest rate continues to fall, and the biggest loss is the depositor, whose interest income has decreased, and some depositors have begun to take out their money to invest in high-yield wealth management products, so that the financial risk is getting bigger and bigger.
Second, real estate** will fall sharply.
In 2024, not only will second-hand homes** decline, but so will new homes**. The main reason for the second-hand housing market is that since last year, the number of global listings has increased rapidly, and the second-hand housing market has shifted from a seller's market to a buyer's market. For example, it is not uncommon for a house in Shanghai to drop from 10 million yuan to more than 7.5 million yuan, a price reduction of 20 to 30 percent.
At the same time, due to the liberalization of price limits on developers in various places, coupled with the current weak real estate sales, developers can significantly reduce prices according to the actual situation in order to recover funds as soon as possible in the future. Therefore, in 2024, whether it is the second-hand housing market or the new housing market, families in need will have the opportunity to catch up, don't miss it.
Thirdly, the car ** will fall.
At the end of last year and before the Spring Festival, dozens of domestic auto brands announced price cuts, including BYD, Zhidou, Zeekr, Leap and many other popular models, with a maximum discount of 50,000 yuan. In this regard, some industry experts said that there is still room for further price reductions in the future. There are two main reasons for this:
First, in addition to fuel vehicles, there are a large number of new energy vehicles entering the market, the automobile market is obviously oversupplied, and the competition in the same industry tends to be fierce. Another reason is that after three years of the pandemic, many middle-class households have reduced their income or lost their jobs, and the demand for new cars that they wanted to buy or trade in in the past has decreased.
Fourth, it is necessary to reduce the ** of household appliances.
From the end of last year to the beginning of this year, home appliances have been in the downward stage. The activities of major manufacturers such as Haier, Hisense, Midea, and Gree cover many categories such as refrigerators, air conditioners, washing machines, and televisions. As far as air conditioners are concerned, the average price of almost all brands of air conditioners has dropped by 300 yuan to 500 yuan compared to summer. And the main reason for the price reduction of household appliances:
First of all, the current home appliances are updated too quickly, and they are gradually moving from ordinary to intelligent. Often, the old products launched earlier have not been sold, and the new products have been shelved on the shelves, and the original products can only be sold at a low price, in order to quickly return the funds.
More importantly, after the epidemic, the consumption demand of many residents is declining. If there are still appliances in the home that work, they will continue to use them and will not choose to buy new appliances. As a result, the demand for household appliances has declined. When home appliance companies realize that sales are declining, they can only increase sales by cutting prices.