Compared with domestic residents, the depreciation of RMB requires higher prices to buy real estate, so house prices are relatively rising; For foreign residents, the purchase of real estate requires a lower price, so the house price is relatively low.

I. Definition:

The depreciation of RMB exchange rate refers to the depreciation of RMB against the US dollar, also known as the depreciation of local currency exchange rate.

Advantages and disadvantages of import and export: import decreases, export increases.

1, imports will decrease, and the profits of import-oriented enterprises will decrease;

2, exports will increase, export-oriented enterprises, their profits will increase.

Advantages and disadvantages of employment: increasing employment.

1. After the devaluation of RMB, the competition in the domestic sales market will decrease, the sales of domestic goods will increase, and jobs will increase due to the decrease in imports;

2. Due to the increase of exports, the profits of export enterprises will increase, which will also bring about the increase of employment opportunities.

Fourth, the impact of RMB depreciation on housing prices:

1, house prices are facing a decline, and property owners may face shrinking;

2. At the same time, the depreciation of RMB and the expectation of interest rate increase by the Federal Reserve are not conducive to the development of the real estate market.