The impact of the epidemic on housing prices in Yunnan

The impact of the epidemic on housing prices in Yunnan is still relatively large. At this stage, it seems that the wave of people returning home to buy properties during the Spring Festival has already "three lives and three lives" . Therefore, many people believe that after the epidemic, the real estate industry will suffer a severe blow and housing prices will drop significantly. Fundamentally speaking, whether housing prices will rise or fall depends on policy in the short term, farmland in the mid-term and population in the long term.

Whether it is the fight against SARS in 2003 or the impact of the pneumonia epidemic in 2020, we need to look at short- and medium-term policy changes and changes in supply and demand.

After the epidemic, housing prices in Yunnan will be affected by the following factors:

1. Social factors

House prices in Beijing, Shanghai, Guangzhou and Shenzhen are also high because they are concentrated China has very good resources, including politics, business, learning, medical care, and entertainment. These are also one of the reasons for the high housing prices.

2. Location factors

The more popular the area, the higher the price. For example, there are schools nearby, convenient transportation, developed surrounding businesses, and complete resources. The more people grab it, the higher the price. Another situation is that the land value of the same piece of land at the same time is the same. But if a big brand developer gets this land, the housing prices here will be much higher because they can sell it at a higher price.

3. Economic factors

Real estate prices will increase with economic inflation, as well as with the region's economic growth and residents' income levels. The government's money supply is increasing year by year, and given the fact that domestic credit assets are tight, assets will reflect prices higher than they should be.