The real estate market in 2024 is really a year of great reshuffle! Those families who hold a lot of "room cards" in their hands are really ups and downs, one second of heaven and one second of hell. House, this eternal hot topic in the hearts of our people, what kind of drama did it play this year?
Going back to the streets and alleys of 2024, you will find that those families who have always had more properties to open hotels will not have so bright smiles on their faces. In the game of the property market, the rules have changed, some people want to reshuffle the cards, and some people may end the game directly.
Looking back, everyone knows in recent years that buying a house is like grabbing a ticket, and it is difficult to find a house. People in the city crowded into high-rise buildings, property prices rose all the way, and the house became the unreachable "moon" in the hearts of many people. In 2024, the moon suddenly fell from the sky, what happened?
Urbanization is moving fast, houses are being built fast, and in the blink of an eye, there are as many houses on the market as there are instant noodles in the supermarket. Suddenly, families who have as many houses as they have in their biscuit factories are starting to get anxious.
Why are you in a hurry? Because the extra houses are like expired coupons in your hand, which you didn't spend when you should have spent them, and now you can only watch them turn into waste paper.
I remember that in the past, when I bought a house, I would turn it over every two or three years, and that was called a value! Now there are more houses, and people are more picky about the house, the return on investment is reduced, and many people's real estate portfolios have to be reshuffled.
What are families going to do? It's time to adjust their strategies. It used to be "buy, buy, buy", but now it has to be "choose and choose". Which houses are in good locations and convenient for life, and may retain their value if they are kept, and those that are remote, large and empty, may be better dealt with early.
The house's job, the occupants, is back. In the past, a house was like a stock, you bought it and waited for it to rise. Not now, everyone has to honestly look at the living conditions of the house, and the house bought with real money must be habitable.
People who really need a house to live in can pay more attention to the quality of the house and their actual needs, instead of buying a house as before, not planning to live in it at all, just waiting for it to appreciate.
The driving factor of the property market is no longer a simple property speculation group. Housing needs, urban renewal, and greening the environment are becoming more and more important. This requires multi-family families to re-examine their properties to see if they can still shine in the city of the future.
When it comes to the future, the trend of the property market is really incomprehensible. Housing prices have been rising all the way up and never seem to fall. Looking at the balance of supply and demand slowly tilting, I am afraid that the future housing prices will no longer only rise and not fall as in the past.
The people who get the most attention are those who own multiple properties. Every decision they make may affect the direction of the entire market. Some people may choose to sell less valuable properties and invest their money in more promising areas, while others may choose to upgrade their old properties and turn them into high-quality living spaces to attract tenants or buyers who are demanding a quality of life.
Change always comes with pain, especially for those who have relied on the real estate market in the past to make a steady profit. They have to face the fact that what was successful in the past may now be expired.
This year, we have seen more and more properties being put on the market, and those previously sought-after lots may now be sold at a reduced price. And those houses that are poorly located and poorly designed are even more difficult to find buyers.
Government policies are also changing. Policies that stimulated the property market in the past may now be more restrictive. Loan interest rates, tax incentives, purchase and sale restrictions, etc., may become new factors affecting the real estate market.
This is undoubtedly a huge challenge for multi-room families. They have to pay more attention to the direction of the policy so as not to be eliminated from the market.
And for those of us who are ordinary viewers, the property market in 2024 undoubtedly provides an excellent window to observe. We see that those former "predators" in the property market now have to follow the trend and constantly adjust their strategies.
We are also seeing a change in the attitude of the average person towards the house. The house, from an object of hype, is slowly returning to a home to live in.
The real estate market in 2024 is like a big chess game going on. Everybody's watching, everybody's thinking about what's next. For those families with multiple properties, this year is undoubtedly the most critical year in their lives.