Before the house price rises rapidly, it is better to borrow 700 thousand to buy a house. When the house price is already high, it is better to save 700 thousand.

Note that I'm talking about saving money now, not 20 years. Because even if you can maintain a wealth management income of more than 4%, the actual purchasing power of deposits will be 30% after ten years, and only half will remain after 20 years.

Before the rapid rise of house prices, house prices were still at a relatively reasonable level. There is a house to live in, the monthly pressure is not great, and the happiness of life is not low.

When the house price has been upside down like the Monkey King, it is still a kind of stumbling. At this time, the risk of buying a house is great.

First of all, the current housing price is at a historical high, which may be the highest peak in the past two decades. At this time, buying a house will inevitably encounter the risk of a sharp drop in house prices, and it is not surprising that even the house prices will be halved, just like the Yanjiao property market around Beijing.

Secondly, the house price now far exceeds its actual value. A house rent of 700,000 yuan a year is at most 1 10,000 yuan, and it is impossible to exceed 20,000 yuan. But if you deposit 700 thousand in the bank, you can easily get an annual income of more than 28,000 yuan. The interest on this money can almost rent two houses of similar size.

Finally, a high takeover, just like the stock market buying at the highest point, will be deeply trapped and will be difficult to sell in the future unless the meat is cut. Once the job changes, you can't find a suitable job after unemployment, not to mention that the house may be taken away by the bank, and the down payment paid at the beginning is not your own. If the bank fails to repay the loan after auctioning the property at a low price, it still owes the bank money.

Hold the money and wait and see, maybe there will be a better chance to buy a house in 5- 10, and the house price will be halved or lower. At that time, if you buy more than twice the area with the same money, it will be easier to repay the loan with your savings. Is it not a better quality of life?