For each of us, a house is not just a residence, but also a dream. However, the property market in recent years has made countless people feel helpless and anxious;
So, from next year, should you buy or sell a house? Wang Jianlin gave a "statement", it was too late to wait! Let's take a look together.
The new housing market is bleak
According to the Beijing News, it can be seen that the current situation of the new housing market is indeed quite bleak
In a survey covering 15 key cities in the mainland, sales in the new housing market were very sluggish during the period from September 29 to October 6, with only 4,474 houses transacted, down 47.1% compared with the same period last year;
In stark contrast, the second-hand housing market performed relatively well, but even so, compared to 2020, the increase was only a measly 3%.
What is more interesting is that among these 15 cities, only 4 cities have seen a year-on-year increase in the transaction volume of new homes, while some major cities such as Beijing, Shanghai and Shenzhen have performed poorly, and the transaction volume has directly declined;
This data raises concerns about the future of the housing market, especially for economies that rely on the real estate sector, and it may be a signal that cannot be ignored.
The downward trend in house prices is obvious
With the gradual strengthening of the state's regulation and control of the real estate market, house prices have shown a downward trend that cannot be ignored;
According to the latest data released by the National Bureau of Statistics, as of September 2023, the price of new commercial housing in 64 of the 70 large and medium-sized cities in the country has decreased or remained flat month-on-month, and 15 cities have decreased by more than 1%.
Behind this trend, it reflects the gradual increase in government supervision of the real estate market to curb market overheating and speculation, and this regulatory measures have produced obvious results, making house prices begin to move towards stability and rationalization;
This data also shows the uncertainty of the real estate market and the strength of government intervention in the market, providing more decision-making space for home buyers, and also prompting the real estate market to gradually return to a more stable and sustainable track.
Why has the property market changed so much?
Real estate tycoon Wang Jianlin has long made predictions, he believes that no country's real estate industry can maintain prosperity for more than 50 years, generally speaking, more than 20 years has reached the saturation stage, whether it is the total amount of housing, or purchasing power, has basically reached the peak.
House prices have indeed fallen, but the popularity of our people is indeed increasing, but they still dare not buy a house, afraid of encountering risks, it is better to wait and see.
Should I buy a house?
The decision to buy a house is not a mathematical problem that can be answered with a fixed answer, there are many factors involved, and everyone's situation is unique, so when facing the problem of buying a house, the most important thing is to fully consider your actual situation and needs.
When considering the issue of buying a home, we can look at it from the perspective of investment, value preservation and just need in order to make informed decisions.
【Investment Perspective】
- Stable rate of return: Real estate is often considered a relatively stable investment channel. The trend of house price growth is more obvious in the long term, especially in areas with rapid urbanization.
- Avoid inflation risk: Properties usually have some resistance to inflation. House prices usually rise during periods of inflation and can be used as a means of preserving the value of assets.
- Rental Returns: When considering renting, properties can provide a steady rental return and become a source of fixed income.
【Value preservation angle】
- Protection against inflation: Real estate usually appreciates in value over time, which can protect against the risk of currency depreciation and provide some protection for the preservation and appreciation of personal property.
- Family stability: For people with family needs, owning your own home can provide a more stable living environment and increase the stability and security of the family.
【Just need angle】
- Stable living environment: For people who need a stable living environment, buying a house provides a stable residence, which is not affected by the fluctuation of the rental market and ensures the quality of life.
- Education and Healthcare: Properties located in high-quality school districts and medically rich locations can provide better protection for their children's education and the medical needs of their families.
If you have just needed and sufficient funds, you can buy a house now, and it's too late to wait!
【Just need questions】:
If there are rigid needs, such as families need a stable living environment, children's school needs, career migration, etc., then buying a house can provide a more stable and long-term solution;
Especially in urban centers, school district housing is in high demand, so for families with children, ensuring that their children have access to a good education can be an important factor in the decision to buy a home.
【Sufficient funds】
For those who have enough funds, buying a home is also a stable way to allocate assets. Property is usually a relatively stable investment channel, and the value of the property usually increases in the long run. At the same time, properties can also provide stable rental returns and increase personal financial resources.
Moreover, in some cities, especially first-tier cities and hot second-tier cities, housing prices may continue to rise due to factors such as supply and demand, urban development and policy support, in which case owning a property may provide more opportunities for future asset appreciation.
When buying a house, pay attention to two "no's"
It is not recommended to buy a house in a small county
(1) Supply and demand imbalance: Small counties usually face the problem of supply and demand imbalance, even if there is a large amount of housing inventory, the demand is relatively low, this imbalance may lead to a decline in house prices, and it is difficult to maintain stable values after purchase.
(2) Insufficient infrastructure: Compared with large cities, the infrastructure of small counties is often relatively poor, including transportation, medical care, education, etc., which will affect the quality of life and may also affect the appreciation potential of real estate.
(3) Limited space for investment appreciation: The economic development of small counties is relatively slow, and the space for real estate appreciation is relatively limited, in contrast, properties in first- or second-tier cities usually have better value-added potential in the long run.
It is not recommended to choose a property from a small developer
(1) Financial strength and construction quality: Compared with large developers, small developers usually have weak financial strength, and it may be difficult to ensure high-quality construction and on-time delivery of projects. The quality of the house may be affected, with defects and hidden dangers.
(2) Project schedule and delivery time: Due to the relatively limited resources of small developers, the project may be slow due to financial problems or poor management, and the delivery time will be delayed. This is inconvenient for homebuyers' occupancy plans and living arrangements.
(3) After-sales service and property management: Small developers usually have a smaller sales and after-sales service team, which may not be able to provide timely and professional after-sales service, and at the same time, due to the small scale of the project, the standard of property management and maintenance may be lower, which affects the living experience.
(4) Prone to unfinished and capital breakage: Small developers may face problems such as capital rupture and unfinished in project construction, and buyers' purchase funds may be at risk, and if the developer cannot complete the project due to financial problems after the purchase, buyers will face serious losses.
In summary, in order to avoid unnecessary risks and troubles, buyers should try to avoid buying houses in small counties, and at the same time, when choosing a house developer, it is best to choose a reputable and powerful large developer to ensure the smooth purchase process and the quality of the property.
——THE END——
The above is the real estate topic of this issue, more knowledge related to it, welcome to follow, we will see you in the next issue!
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