In 2023, "supply cuts" have become an increasingly common phenomenon. More and more young people choose to "cut off" because of the pressure of housing loans, no longer repay, or even give up the right to live. This phenomenon has aroused widespread concern and discussion in society, and people have different views on the behavior of young people "cutting off supply". So, is it worth it?
What we need to face up to is that the problem of high housing prices has led many young people to "cut off supply". Until then, buying a home had been one of Chinese's dreams. However, high housing prices have left many young people out of reach. They were forced into debt because housing prices were so high that they had to make a down payment to sell iron. In this case, cutting off the house has become an option for many people, who no longer pursue buying a home, but instead choose to rent or continue living in their parents' house. For these young people, it is obviously more important to relieve financial pressure and reduce the cost of living.
It's worth noting that housing has always been a headache. Whether it is the rise in house prices or the pressure of home purchase loans, it has put a huge burden on young people. Especially in big cities, housing prices are skyrocketing, making people prohibitive. Many young people have to choose to give up buying a house and fall into an endless rental life. For them, renting a house not only requires paying high rent, but also enduring inconvenience and privacy violations. At the same time, they also need to face a lot of social pressures, such as marriage, childbirth and pension. In this context, "cutting off supply" has become a way of relief.
We cannot simply use economic pressures as a reason to deny the value of young people struggling to buy a home. In fact, buying a home is much more than a question of residence. For young people, buying a home means a stable foundation of life, which means planning and investing in the future. Real estate is not only a kind of residence, but also a way to achieve personal wealth accumulation and social status improvement. Owning your own house is undoubtedly an investment and arrangement for the future. Buying a house is also a manifestation of social pressure. From family, relatives and friends to the workplace, the transformation of identity and the improvement of economic conditions are closely related to the ownership of real estate. In China, the house is regarded as one of the symbols of people's social status. If you don't have a house, you may be ridiculed and looked down upon. This stereotype forces people to work hard to buy a home. Although it can be said that this concept should be criticized, in reality it is still deeply rooted in people's minds.
However, "supply cuts" are not without costs. First of all, housing loan is a legal constraint, and abandoning repayment violates the contract, which may lead to legal disputes and bear corresponding legal liabilities. This can not only lead to damage to one's credit, but also have a significant adverse impact on one's future. Secondly, giving up the mortgage will also bring the loss of one's own housing rights and interests, and lose a sense of security and stability. In renting a house, an individual's right to live is restricted and may even be robbed. In addition, the government is also vigorously advocating the supply of rental housing, and has proposed a policy of both rental and purchase to meet people's housing needs through public rental housing and rental markets. However, rental resources in the market are in short supply, and rents are rising. Therefore, giving up a mortgage also means bearing higher rental expenses.
Whether the effort to buy a home is worth it is another factor to consider. While young people pursue buying a house, can they find a career that they are really interested in and passionate about? Needless to say, in the face of high housing prices, young people may be forced to choose a job that they do not like and do not suit in order to repay the loan and support a family of their own. Whether such a price is worth it is worth pondering. We should look at the issue of buying a house more rationally. We cannot blindly chase the soaring housing prices, nor can we blindly pursue fame and fortune. Young people should stick to their dreams and interests, while also thinking about how to weigh financial pressures against quality of life in the current environment. Whether you choose to buy a house or cut off the supply, it is a personal choice and trade-off. Nowadays, it has become a phenomenon for young people to "cut off" because of high housing prices. We cannot simply draw conclusions about this issue. Whether for a better life or due to social pressure, the trade-off between buying a home and cutting off the supply, everyone should stick to their choices and dreams.
From an individual point of view, whether it is worth "cutting off supply" requires a specific analysis of the specific problem. For some young people with financial difficulties, it is true that they may not be able to afford a mortgage, and choosing to "cut off supply" is a helpless choice. However, for some young people with relatively good economic conditions, giving up a mortgage may miss long-term investment opportunities and miss out on wealth appreciation. After all, property has long been considered a stable way to invest and bring good returns to people. In addition, with the continuous reform and optimization of housing loan policies, young people can also choose repayment methods that adapt to their financial ability and reduce their burden.
In general, we cannot generalize about the phenomenon of "supply cuts" in 2023, but should analyze specific problems on a case-by-case basis. Whether you choose to forgo your mortgage or stick to your repayments, you need to make decisions based on your financial situation and family situation. At the same time, we should also recognize that the housing problem is a social problem that requires the joint efforts of the government and all sectors of society to solve it. Only through government regulation and market regulation can the stable development of the real estate market be achieved, so that young people can have a stable living environment and a sense of security.