Urban Housing Bubble Bursting? The average price plummeted to 210,000, and buyers were deterred

Mondo Social Updated on 2024-02-24

Kunpeng Project

Urban Housing Bubble Bursting? The average price plummeted to 210,000, prohibitive home buyers.

For a long time, people thought that resource-exhausted cities and industrial cities would be the best cities, cities like Hegang and Rushan, where they could buy a house for tens of thousands of yuan at every turn, and for most people, buying a house was not burdensome.

The other is a metropolis like Huanjing and Huanning, when they were in the real estate boom, they were too hyped, and after the ebb tide, what remained was a large number of speculators, just like the "Beijing News" conducted a survey on the Huanjing property market, a person named Kangli, in Yanjiao in 2018, spent 40,000 square meters, and now it is listed for sale to 15,000 square meters, sadly, it has been hanging for more than half a year, but still no one cares. In fact, house prices in other cities are similar, falling by about 6% to 7%.

The same is true in Nanjing, a garden in Jurong, the best time is 14 W square meters, today it is 5400 square meters; When Chuzhou Xianhe is the best, the most ** grid is 12 W square meters, but today, it is 7,200 square meters; A Yin in Ma'anshan and County will open 7,000 square meters in 2021, but now it is 3,500 square meters; Baohua Mouheng, 2019 transaction 16 W square meters, but today it is 5,200 square meters.

You know, this**, is just a reference**, that is, this **, not many people are interested, and not many people come to see the house, so, this **, will definitely be cheaper.

Most of the real estate regulation in the above areas is due to the incompatibility between economic development and industrial development and the real estate market, and the following is a list of the ten cities with the fastest decline in the real estate market in 2022, such as Wenzhou and Shenzhen, are in this list.

Especially in Wenzhou, housing prices started from 33,000 square meters at the peak, and in less than two years, it fell to 210,000 square meters, an increase of 36%, but this is only the average, and some houses are even lower.

As we all know, Wenzhou is located in the largest region in eastern China, an important birthplace of China's private enterprises, and the core area of the Yangtze River Delta, with a GDP expected to reach 873 billion yuan in 2023, an increase of 6 percent year-on-year9%, ranking first in the country in terms of domestic development level.

Wenzhou's development achievements in the past five years are also very obvious, and more than 20 indexes such as the added value of private enterprises have surpassed those of Zhejiang and the whole country. The data shows that the output value of Wenzhou's traditional pillars and strategic emerging industries has exceeded one trillion, and in Wenzhou, there are 58 listed companies, not counting real estate, and one of the average 470 residents is a billionaire, which is a metropolis in the true sense.

However, even so, it cannot stop the decline of the real estate industry, on the one hand, because of the general economic situation, and on the other hand, because of the economic situation in Wenzhou. First of all, this is a prefecture-level city, housing prices are between 2-30,000 yuan, even if there is good real estate, it is difficult to buy a house, therefore, considering that in the future, most people are reluctant to come here, nor do they want to stay here for a long time, which is why big cities are becoming less and less attractive to young people.

And for a city, good things also have disadvantages, Wenzhou's land supply has been maintained at a very high level, but, in this regard, is it needed? Because of Wenzhou's high quality, the number of immigrants has gradually decreased, and local talents have also lost in Hangzhou, Shanghai and other cities. Therefore, there are very few people who buy houses, and second-hand houses are to make money, so there is only a price reduction, and those who buy houses, seeing that the house prices have no intention of stopping, simply sit on the mountain and watch the tiger fight.

It can be seen from this point that although Wenzhou's real estate is nearly 40%, but there are very few buyers, according to local real estate companies, some real estate is listed for more than a year, not to mention to see the house, that is, no one will come to consult for more than a year, let alone **. The reason is mainly because rich people do not lack real estate, even if they do not have real estate, they will think that it is too high to buy, even if some people have money and need, but seeing that the trend of housing prices has not stopped, they either don't want to sell, or they are not in a hurry.

In fact, it's not just the ranking companies that have announced the magnitude of these cities. As many people have said, Wuhan and Zhengzhou, as well as Nanjing, have seen similar situations, with housing prices exceeding 50% in some new districts and suburbs, and 20% to 30% in some central urban areas.

In the final analysis, the first real estate market this time is inseparable from our general environment. According to the latest data released by the National Bureau of Statistics, none of the 70 typical large and medium-sized cities have seen an increase in housing prices, which has never been seen in recent years.

What does that mean? At present, the downward momentum of the real estate market has not reversed, and there is no sign of a halt in the near future. For this situation, the author agrees with a well-known person in the industry:

In order to ensure delivery, it is also the right thing to do to fully support real estate projects. Since it is the spirit of the contract, no matter whether the house price is ** or ** in the future, the corresponding house must be in accordance with the contract, which is a spirit of contract and a way to promote social stability.

However, if the market wants to adjust, then let him adjust it thoroughly, otherwise, the need for one party always feels that this is artificial, and the rate of ** has been curbed, even if it is falling relatively slowly, but buyers will be afraid, because the final house price is determined by the market. As long as house prices fall appropriately and in line with our economic situation, incomes will naturally stabilize and buyers' confidence will be restored.

Fortunately, the regulation of the real estate market is also very important, so that the regions have more room for autonomy, and there are no clear regulations on the regulations of the real estate market.

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