As the domestic economy slows, the real estate sector is also starting to show signs of recession. Although banks actively cut down payments and interest on houses, commercial housing sales in major cities are still declining year-on-year. As the founder and chairman of Wanda Group, Wang Jianlin has a strong sense of the current crisis in the real estate market, and he believes that there will be more projects that cannot be sold in the future. This will not only lead to the inability to return the developer's funds, which will drag down the operation of the bank's capital chain, but also affect the economic operation of all walks of life. Therefore, Wang Jianlin suggested that except for some cities that need to continue to regulate, most cities no longer need to regulate.
First, falling house prices will lead to a shrinkage of assets. Due to the bubble in the real estate industry, once the house price is adjusted, many people's home purchase assets will shrink. At this time, if you stay in the real estate market for too long, it may be difficult to obtain a profit, or even be forced to sell. In addition, as house prices fall, a large number of home buyers will face financial burdens and difficulties in monetization.
Secondly, the difficulty of monetization is also a headache. In the case of a market downturn, the liquidity will gradually weaken, and a large amount of funds will be difficult to recover. Therefore, for many asset managers and insurance companies, they need to carefully consider how to realize the problem before buying real estate or other fixed assets. It is necessary to improve the liquidity as much as possible in order to allow the funds of these institutions to go out in an all-round way and let these institutions avoid capital retention.
Finally, the cost of holding a home is also increasing. Once home prices fall, homebuyers pay more interest, loans, administrative fees and taxes, and these additional expenses put some pressure on the cost of homeownership. For those who invest in real estate, falling house prices may even directly lead to investment failure. Therefore, for home buyers, before making a purchase decision, it is necessary to carefully analyze the market trend and personal financial situation to make the best decision.
In short, under the current real estate market, Wang Jianlin suggested that most cities no longer need to regulate. As the domestic economy slows down, price bubbles in the real estate market are gradually emerging. For home buyers, they need to carefully consider the changes in the market and make the best decision according to their financial level. At the same time, banks and relevant institutions also need to pay close attention to market trends, make investment and financial adjustments in response to market changes, and ensure that the capital chain cannot be broken.