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Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

author:Delicate Cecil 2S8K

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The real estate market, once synonymous with prosperity and carnival, has also revealed its fragility through the pandemic. In the past decade or so, China's real estate market has always been booming, especially in first-tier cities and popular second-tier cities, and housing prices have been rising steadily, as if they will never stop. However, the arrival of the epidemic has caused the heat of the property market to encounter silence, and its originally hidden problems have gradually surfaced, forming a completely different scene.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

Chinese has always paid great attention to the pursuit of living environment, because home is a harbor to inhabit. However, despite the property market in full swing and the rise of the city's high-rise buildings, there are still people who are worried about the fate of "huts broken by the autumn wind", both in the past and now. This has become a dilemma for China's property market, especially after the contradiction between supply and demand has retreated, making people fall into the dilemma of "difficulty in buying a house".

Since the beginning of the 21st century, China's economy has developed rapidly, urbanization is in full swing, and a large number of people have poured into cities to find homes to establish families.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

This has also brought huge opportunities to the real estate market, and developers have entered the market, and real estate has sprung up. However, the imbalance between supply and demand has caused house prices to climb all the way, and prices in many large cities are already prohibitively high.

However, the arrival of the epidemic has brought the hustle and bustle of the property market to an abrupt end. The economy is down, consumption expectations are lowered, and people are more inclined to keep idle funds. Coupled with the emergence of the property bubble, the enthusiasm for real estate investment has further decreased. After the epidemic eased slightly, the property market did pick up to a certain extent, but this recovery was not a recovery, more like a short respite.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

However, behind this warm-up, there are more hidden problems. Data from the National Bureau of Statistics shows that the volume of real estate market transactions increased in a short period of time, but then began to fall back again. Local governments have introduced regulatory policies to restrict the purchase of houses and increase the supply of land, with the aim of maintaining market stability. However, despite the increase in the number of second-hand listings, the success rate of transactions is not ideal, especially high-rise elevator rooms seem to be more difficult to sell.

The famous entrepreneur Cao Dewang once made a prediction about the high-rise elevator room.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

As the "glass king", he has always paid attention to the Chinese real estate market. He believes that China's real estate market is at a turning point in a "new cycle", and the market may usher in a situation of "falling volume and price" in the future. There are many problems that are difficult to avoid in high-rise elevator rooms, high property management costs, complex design and structure, and large pooled area, which make the liquidity of such properties not optimistic.

The future real estate market is full of challenges, and under the concept of housing without speculation, the investment value of real estate may be more tested.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

With the change of demographic structure and family concept, the traditional home buying model may be replaced, and the market competition will become more intense. Only those companies with innovative capabilities and excellent services will be able to remain invincible in the future market. The future of the real estate market is destined to be full of unknowns, and only by keeping up with the pulse of the times can we be invincible in the wave. For more exciting content, follow my channel!

In the face of the turbulent property market, we have to re-examine the signs behind it.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

With the aftermath of the pandemic, the property market once recovered, but this recovery seemed weak and fragile as if it were short-lived. The once frenzied home buying wave is gone, and consumer confidence in investing in real estate has been hit like never before.

Cao Dewang's prophecy may not be alarmist. The various problems of high-rise elevator rooms have greatly reduced their liquidity ability. The high cost of property management has discouraged investors. The complex design and structure further increase the maintenance cost and difficulty.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

At the same time, the increase in the pool area has made buyers dissatisfied with the actual area used, further affecting the purchase decision.

However, this may only be the tip of the iceberg. With the deepening of urbanization, China's real estate market will face more complex challenges in the future. The trend of population ageing, as well as the delay in young people's marriage and childbearing, will directly affect the structure of housing demand. The traditional concept of buying a home may gradually be replaced by a new mode of living, which means that the real estate market will face unprecedented competitive pressure.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

However, crises and opportunities coexist. Under the baptism of the market, those enterprises with innovation and service capabilities may be able to stand out in the fierce competition. In the new market environment, real estate developers will have to re-examine their product positioning and services to provide real estate solutions that are more in line with consumer needs. Perhaps, the future real estate market will pay more attention to the functionality and practicality of housing, rather than just pursuing investment value.

Looking back on the property market along the way, we have seen the prosperity of the past, but also the cold winter brought by the epidemic.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

However, this may only be one point in the market cycle, and the future development is even more exciting. As consumers, we need to look at the real estate market more rationally, not only pursuing short-term investment returns, but also paying attention to the actual use value and comfort of real estate. As a developer, we should pay more attention to market changes and consumer needs, and win market share through innovation and quality services.

Under this brilliant property market sky, the situation is changing, and only by continuous adjustment and innovation can we be invincible in the fierce competition.

Cao Dewang's prophecy came true! What are the future results of China's elevator rooms?

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