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Why no one buys when house prices are low?

In the past, housing prices are not very expensive, but did not trigger people to scramble to buy, now the price of housing is expensive, people are scrambling to buy, the main reason is that in the past, the house does not have the financial attributes of the house is only used to live in, people are more rational to look at the problem of the house, can afford and have the need to buy, can't afford to buy, not buy, but today's house has a financial attributes, too much to buy a house! The house has a financial attribute, too much to buy a house to get rich and change their fate, stimulate people to invest in speculative psychology, which triggered people to scramble to get it!

Total house prices **** there are three waves of big rise, the first two waves of inexperience, was rolled over. By 2014, real estate began to go downhill, the industry knows that the inventory is too big, so big that it is scary. Basically three or four cities in accordance with the normal rate of digestion rate of 10 years, a lot of cities to 20 years, the ghost house said began to emerge. Well, the house can not be sold, consumers buy up not buy down, real estate companies began layoffs, but also a lot of real estate companies began to carry out equity transfers.

Many did not buy a house, is always a concept do not want to debt, feel the best money in their own hands, in fact, debt is the best thing for poor people to resist inflation, specifically you refer to the former rural credit unions, credit unions that year, a lot of people ran away from the state touting, said it would pay back the money, but after a decade of 100,000 and the previous 100,000 is not at all comparable, so the debt, is the best way to resist inflation in people clear society is in the period of inflation The best preservation of value