Happiness is reduced.
Because buying a house is a huge expense, many people can't pay it off at one time, so they can only spend it in advance by borrowing money from the future. In this way, young people will be under great pressure and need to work hard to repay their loans every day. Once they lose their jobs, they will face the risk that they have no choice but to pay bank interest. So many people work very hard and even dare not rest, even if they are sick, they dare not take time off to see a doctor. In the final analysis, young people have physical problems, and the most important thing for young people is to know how to live and enjoy. However, once they get a loan to buy a house, it means that their usual expenses will be high, they can't enjoy life and reduce their happiness.
The future China real estate market is unpredictable.
Many people borrow money to buy a house, in fact, they also see that the house price is high now. The sooner you buy a house, the more you earn. However, in recent years, real estate has sprung up in China, and many investors have appeared. They have several apartments, but the birth rate in China is getting lower and lower, but there are more and more aging people, so that many people have multiple apartments and can't live at all. According to the data, housing vacancy rate in China has reached 20.
You need to pay extra property tax.
In recent years, China has been controlling the rise of housing prices, and even introduced many policies. Now some experts call for a property tax to control the rise in housing prices. Now the property tax has been implemented in some areas. Once effective, it will be promoted throughout the country to crack down on those real estate speculators. Without these real estate speculators, the house will return to the essence and the house price will naturally slow down.