Some time ago, some real estate in Suzhou sharply reduced the price of promotion, which caused the dissatisfaction of many owners who had bought houses before this.
Recently, some netizens said in Hanshan that they hope that the relevant government departments can strictly investigate and control and not let the value of the house seriously shrink.
In this regard, the Suzhou Market Supervision Bureau replied: As long as the sales price is not higher than the filing price, there is no malicious price reduction.
Such a reply also means that there is no restriction on the decline of the Suzhou property market, that is, in theory, house prices can fall indefinitely.
In fact, even if the so-called policy of limiting the fall is introduced, it cannot really limit the decline in house prices. This has been proven in many cities, and we have specifically stated it before. See: There is no restriction on the property market
However, here is still a call: for the real estate with a sharp price reduction, we must think calmly and make prudent decisions, and do not blindly buy on impulse.
There are three reasons for this:
First, the current price limit in Suzhou is relatively strict, and the vast majority of real estate is very limited even if it is sold at a normal price. But where the real estate discount exceeds 10%, it must be a loss.
Second, housing enterprises must have encountered huge trouble before they had to cut meat to survive. The reason for its sharp price reduction promotion is essentially to solve the trouble, not to expand development. Therefore, buying such a real estate is actually choosing to share the risk with this housing enterprise and putting itself under the dangerous wall.
Third, in the real estate industry, where information is extremely asymmetrical, it is necessary to always believe that individual buyers are far less savvy than sellers. Buying at a low price seems to have picked up a pie, but it is actually a game with the tiger. You only have three or five people making decisions on your side, and together they may only be able to understand the property market in half; and the seller you need to deal with, standing behind the real estate consultant, is an extremely professional team that has been immersed in the industry for many years and has a close division of labor and cooperation across multiple lines. Once there is a dispute between the two sides, the other party may not be able to win you, but it will definitely consume you.
Suzhou property market has been stabilizing for many years, if the future is still so, then in the sharp price reduction of the real estate, the real can make people feel steadfast to pick up the cheap, only the existing house.