Buying a house with a loan is cheap, because it is cost-effective based on the long-term inflation in China. Inflation, rising prices, saving money is worthless. People must spend all the money they earn as much as possible, even tomorrow's money. This is value maximization.
Let's give an example. You buy a house. This year's house 100 yuan, next year's house in 200 yuan. If you save money until next year, you can't afford to buy a house if you save enough 100 yuan, because the house has gone up. But if you take out a loan of 100 and buy this year first, then you only need to pay part of the interest next year, and 1 10 can own a house in 200 yuan.
As the saying goes, money is a thing outside the body, and its value can only be reflected if it is spent. Now society is not static. Now you think this money may be astronomical to you, and you may earn it soon. For example, if a girl marries you, will you have the heart to take your wife and children everywhere? The tradition left by the older generation says: you can't have a house to live in if you get married first!
It is not appropriate to buy a house just for investment. After all, this inflation is too strong and has a great impact on real estate. If you buy a house today, you may drop the price tomorrow. I suggest you make some other investments.
Take our house as an example. /kloc-the highest house price in 0/5 years was fired to 13000. Many people think that buying up is better than buying down. It seems that in 17, the real estate speculators began to evacuate, and now it has fallen below 8000. Real estate speculation has gone, and the local people have suffered greatly. The son wants to get married and the woman wants a house. All the hard-earned money she has saved all her life has been filled in, and she still owes a lot of money to relatives, friends and banks. Because of this "square box" made of reinforced concrete, the local people complained bitterly and the quality of life dropped sharply. After all, the house is a major event for ordinary people.
From your own point of view, the question is whether you just need it. If you have it, you have to buy it. If you invest, it is unnecessary. The state regulates housing, and the appreciation space will not be like in previous years! The house is open for living!
I judge that inflation is a long-term state in China in the future, and it is cost-effective to borrow money to buy a house. It is not only a loan to buy a house, but also a loan to open a company to buy a mobile phone. Even if you borrow money for charity, it is cost-effective to borrow money for anything, because your income will increase in the future, and it is not a problem to pay back the money.
But don't borrow too much, far beyond your actual ability, and finally the assets are auctioned, which is not cost-effective.