I guess someone will say it's wrong. I don't consider investing, I only consider living in my own home! Buying a house by yourself is also an investment. Now let's talk about the reason.
No country in the world has included house prices in CIP index. Why? Because they think buying a house is not consumption! Renting a house is consumption, and rent is also included in the CPI index. If you spend it, it's gone Even if you have a physical second-hand product, it will depreciate.
Moreover, the house has a strong financial attribute. If you don't pay in full, then 30%-70% of the money is lent to you by the bank. And the longest house can be lent to you for 30 years, and the longest business can be lent to you for 10 years. When you need money, you can mortgage it to the bank for a loan. You can't buy a merchant of rice, pork, bags and diamond rings to give you a loan. Even consumer goods such as cars can be loaned for 3-5 years at the longest, but it has no third attribute.
That is to say, the house has the property of ups and downs. As soon as the car is transferred, it immediately depreciates by 30%, and other second-hand consumer goods are more serious, almost only depreciating, not appreciating. Whether you like it or not, if you bought a house of 10W in Shenzhen 20 years ago, it is worth at least 300-400W now. But if you bought it in Hegang, you can now buy 5 sets at the original price. Yumen is cheaper, and now you can buy a set for thousands of dollars.