Is buying a house in 2024 a pitfall? You look at the current housing prices, which are getting cheaper day by day, and look at the real estate tycoons of the past who are getting things done one by one, you say, is this real estate industry really going to be cold?
The real estate market in our country has to start from the early years. I remember at that time, buying a house was simply a profitable deal, especially in those big cities, where housing prices were called a rise, it was like riding a rocket.
In 2024, the situation will be even more obvious. Housing prices are not the crazy mode anymore, but more and more people are beginning to feel that buying a house may really not be the case.
Especially for those ordinary families, housing prices have fallen again and again, and those who originally thought that they could make a profit by investing in real estate may now seem to really have a big question mark.
You see, even some people who were originally keen on real estate investment have now started to change careers, and some have even started to test other fields, such as technology or new energy. There is a former real estate tycoon who is now investing in electric vehicles.
In recent years, as housing prices have continued to fall, many people have begun to return to rationality, thinking more about how to live a better life, rather than investing all their savings into an invisible future.
With the continuous adjustment of policies and the self-correction of the market, those school district houses that were once sky-high have begun to slowly fall back to a more reasonable level. Some parents began to reflect on whether they didn't have to work so hard, anyway, educational resources would have to be balanced sooner or later.
The once glorious glory of real estate is now gradually being blown beyond recognition by the cold wind of reality. What was once a property development now seems to be more of a burden than an asset to be proud of.
The calmness of the market also reflects the change in people's mentality. It's no longer about owning, it's about calculating the risks and rewards of investments. People are starting to look at property more rationally and no longer see it as the only safe way to invest.
This change, while it may be bad news for those who still want to make a fortune in real estate, is a necessary adjustment for the healthy development of society as a whole.