Real estate is widely distributed in China, and the price difference between cities above the third line and cities below the third line is not a little. As far as I know when I was working in Beijing, houses in all prime locations in Beijing are 10/ flat, even on the edge of the Fifth Ring Road, it is at least 40,000 yuan/flat, and even in parts of Hebei, the price is around 20,000 yuan. Even at such a high price, once there is a good house, there will be people vying for it. However, if you switch to some small cities on the 18 line, such as those cities with exhausted resources, such as Hegang, Jixi and Shuangyashan in Heilongjiang, the housing prices are horribly low. Take Hegang as an example. Some 60-square-meter houses cost tens of thousands of dollars, and the average price per square meter is 1000~2000 yuan. No one may believe it. In my hometown county, the house price will exceed 4,000 yuan, while the house price in the city under the jurisdiction of this county has fallen below 3,000 yuan. This only happened in a few years when urban resources were exhausted. It is estimated that house prices will change in the future.
Perhaps for ordinary people, people who don't have a house will be particularly happy when the house price falls, but if they buy a house with a loan, they will probably cry in the toilet. Suppose the price of a suite is 6,543.8+0,000, and he has a stable job and a stable income, then he can buy this property with a down payment of 30% and the remaining 700,000 loans. Based on the accumulated interest of bank loans, it is estimated that the loan to be repaid will eventually exceed 654.38+200,000. If the house price drops by 30%, it means that the down payment I took at the beginning is gone. If you are unemployed at the critical point of decline and have no repayment ability, the court will auction this house, and you may have to post some money to the bank. I would like to ask, in this case, what should those who borrow money to buy a house do?
But it is not absolute. The distribution of housing prices in China is uneven. In some places, house prices have been rising, and in some places, house prices have been falling. To discuss this issue, we should not take the national housing price as a reference, but must be accurate to a certain province, a certain city or even a certain community. If you often watch the news, you will find that some communities are just across the street. They sell 8,000 yuan/flat here and 5,000 yuan/flat across the street. No one asks, but this is a special case and cannot represent all the house prices. The reason for the rise or fall of house prices must be caused by the imbalance between supply and demand. If there are more houses and no one lives in them, or there are fewer people and more houses, it will lead to a decline in house prices. The development planning and population changes of each city are different, and can only be analyzed in specific places. But according to my prediction, it is impossible for the house to fall by more than 30% in the next 10 years.