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how low are house prices now?

2024-08-28

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for a long time, houses have been synonymous with expensiveness in our minds.

ordinary people definitely cannot afford to buy a house. they have to empty their six wallets and take out a large loan to buy a house. after buying the house, they can just wait for the house prices to go up and be happy.

but my lord, times have changed.

nowadays, housing prices are not only not expensive, but in some places, the prices are even ridiculously cheap. in extreme cases, it is almost the same as giving it away for free.

this is a topic that has a huge impact on the values ​​of ordinary people.

then let’s be bold and pick one.

if a family has an annual income of 200,000 yuan, the couple can save 100,000 yuan a year.

if you have one million in ten years, you can look at houses worth one million.

at this time, there are many provincial capitals to choose from, such as changsha, guiyang and the municipality of chongqing.

this house in changsha's tianxin district offers a glimpse of orange island. it is 90 square meters and is a standard river view room.

the public service facilities here are complete, the environment is suitable, and it is located in the main urban area, so young people want to buy here.

there are also such houses in chongqing. the overall style is clean, tidy and comfortable, and the space utilization rate is also high.

for example, these houses in yubei district are close to the subway station and the jialing river.

there are business circles nearby, 6 tertiary hospitals, and considerable educational resources. it is half an hour away from chongqing jiefangbei, which is not far.

it is very convenient for both life and work.

🏠 500,000

what if you have an annual income of only 70,000 yuan, not 100,000 yuan?500,000what kind of house can i buy?

you might as well turn your attention to big cities, where there are many such two-bedroom, one-living-room apartments.

these houses in kangzhuang town, yanqing, are open from north to south and have plenty of light. they are located nearby the badaling great wall and wild duck lake wetland park, and the air environment is also good.

the city where yanqing is located is very famous, called beijing. it has a population of 21.85 million and the best medical, educational and cultural resources in the country, and the food is also good.

megacities aren’t your thing, and that’s okay.

huizhou in the south has a population of 6.07 million, and the unit price of a house is several thousand yuan. more and more houses can be bought here for 500,000 yuan.

it has three bedrooms and two living rooms, the building is new, there is an elevator, the decoration is simple, and it is close to the river, so the environment is not bad.

the key is that it takes half an hour to get to shenzhen longgang and 50 minutes to get to luohu futian.

in this case, the thought that comes into the minds of workers at this time is:instead of renting a house to a landlord and paying off the mortgage, it is better to buy a house of your own.

this idea of ​​striving for freedom in life has been deeply rooted in people's minds, and some people have already planned to lie down at a young age.

🏠 150,000

well, you said your job pays little and you only get 30,000 yuan a year. what should you do? then let's lower our requirements and see150,000what kind of house can i buy?

in fact, there are quite a lot of choices.

these houses in gejiu, yunnan, can cover an area of50 sqm

when you open the window, you can see the sky; when you close the window and walk into the room, you can notice that the room is fully equipped.

gejiu is warm in winter and cool in summer, with a variety of delicious food and low overall prices. there are also two class iii hospitals here, with good conditions in all aspects.

it can be said that the livability index is very high.

of course, if you want to live in a big city in the east, that's no problem either.

jiashan near shanghai, thisabout 150,000the house is not an isolated case.

it has two bedrooms and a living room, with plenty of light, and jiashan middle school is nearby.

foshan near guangzhou,about 150,000i can buy a small duplex apartment.

52 sqm fine decoration, and also give you a high-rise view like an oil painting.

the economies of these places are not bad and the local infrastructure is relatively complete; at the same time, it is very convenient to take a day trip to the yangtze river delta or pearl river delta regions on weekends.

🏠 60,000

at this time, you must be eager to ask me, i am a flexible worker, and my annual income is only 10,000. what should i do? then let's lower our requirements and take a look at a house.60,000how about it.

the situation is not lazy, enough to buy in zhangjiakou, hebei60 square meters, two bedrooms and one living roomit has a small population, good air, and is home to the national 4a-level scenic spot jiming mountain.

because the room was quite exquisite, the agent dared to complain: zhangjiakou is only more than an hour's drive from beijing.

🏠 25k

on the other hand, some netizens may want to take a look and ask, saying that it took them several years to save 10,000 yuan. then let's lower our requirements and see what kind of house only needs25,000

news reports say that fuxin, linghai, qianjiang, huainan, hebi and other places are available for you to choose.

for example, a house in hebi, henan, has three bedrooms and a living room. the space is not small and the community environment is also clean.

for example, the house in huainan, anhui, has everything you need nearby schools and hospitals, as well as a high-end imitation luckin coffee luck dot to satisfy your coffee needs.

and this is not the end of the low housing prices.

🏠 10,000

because we can lower our requirements and see what kind of house we can get.more than 10,000 points. (not per square meter, but the whole apartment)

fuxin, a city of 1.57 million in liaoning, offers many options.

there is a15,000 yuan for buying a houseof young people spent24,000 decoration, and found that the final effect was very warm.

moreover, there is a morning market near such a house, and there is also a vegetable garden where you can grow vegetables.

just imagine how cool it would be to grow vegetables in a neighborhood where the prices are very low.

this is not an isolated case.

as long as you have a wallet of around 10,000 or 20,000 yuan, there are many places to choose from. a blogger listed them:

shuangyashan is a prefecture-level city in heilongjiang province. the local anyue community and huimin community50 square meters housemore just needabout 10,000 yuan; huimin new town phase i64 square meters house, only need15,000 yuan, also includes a 1,000 yuan property renovation deposit and a 200 yuan water fee.

these are all called hegangization. the conclusion given by zhigu data is that there are 95 hegang substitutes across the country.

seeing this, the homeowner who bought the house for 30,000 yuan may regret it.

of course, if you don't mind the distance and want some quiet time, and you have some spare money, then every once in a while you can expect shocking news from the media saying that houses that cost several thousand yuan are out of date.

"the structure of the house is intact, with water, electricity and heating. when i look up, i can see yumen pass, and when i look down, i miss my hometown."

the prices are so low, but it’s a bit far from quality and elegant life.

you can't just buy a house for less than 20,000 or 30,000 yuan and demand that there be a subway at your doorstep, rich weekend entertainment activities, and plenty of milk tea, coffee shops and gyms everywhere.

that's too good to be true.

let’s be realistic and review what we just recommended. there are quite a lot to choose from in the simple version.

this is the situation.

the current housing market in large and medium-sized cities is not very good, and a picture depicts this picture.

but this does not mean that the whole country is like this all the time. then where is the solidity?

the answer is big cities.

in big cities like shanghai, the sales prices of first-hand houses have been rising month-on-month for more than ten consecutive months.

and the better the location of the house, the more its price will increase.

several properties in downtown shanghai that start at 40 million yuan were sold out in seconds, with hundreds of houses sold out in an instant. in the context of the sluggish housing market across the country, shanghai sold nearly 1,000 houses priced at more than 50 million yuan in two months.

even the national bureau of statistics released data showing that housing prices were falling across the country, except for new homes in shanghai which actually saw an increase in price:

because they believe that shanghai's core areas are core assets that will continue to appreciate or maintain their value, so they continue to buy.

the result is that the more expensive the price, the more it means that the service or resource it can provide is scarce.

be it the location, commercial attributes, or even medical care and education, these luxury homes can be said to be the best of the best and are irreplaceable.

then, in the past few years, it was actually ordinary people who were really hit. many rich people made money instead, and they would not and did not need to be conservative in their consumption, and were still willing to pay for these luxury homes.

the more expensive the property, the more it will rise, and the cheaper the property, the more it will fall.

wait, you must be wondering, isn’t it said that shanghai’s birth rate is very low? then how come housing prices can be kept under control?

the reason is simple, because real estate "looks at population in the long run." in the long run, the population from other places will pour into shanghai.

although shanghai has a low fertility rate, young people from jiangsu, zhejiang, anhui, henan, fujian and even across the country will continue to flock to shanghai.

they will support shanghai's real estate market.

a set of data shows:

currently, there are 19 first-tier and new first-tier cities. in 2023, only chongqing will have negative growth in permanent population. the other 18 cities, including beijing, shanghai, guangzhou and shenzhen, will all grow against the trend. the four first-tier cities will have a total of more than 350,000 new residents, with shanghai and shenzhen being the most populous.

a steady stream of new shanghainese are rushing to shanghai, laying the "demographic" foundation for the shanghai property market.

this phenomenon of population movement affecting housing prices has already happened in japan and south korea.

take japan as an example.

first of all, housing prices in tokyo are also rising, making it one of the most rapidly rising cities in the world.

the rise in wealthy areas further proves that money flows to those who are not short of money.

what about outside tokyo?

you should know that in japan, housing prices and land prices are highly tied together, but the average low housing prices in places like chiba city, saitama city, and yokohama city have been declining over the past decade.

this is particularly evident in ryugasaki city, ibaraki prefecture, where residential land prices have been declining since 1998.

it is almost impossible to speculate in real estate outside of the tokyo area.

in the 1980s, a lot of japanese went to the countryside to buy villas, but they were basically ruined. not only could they not sell them, but the annual maintenance fees and taxes alone were enough to make them pay for themselves.

the reason is still the same:

as the population continues to shrink, resources will only become more and more concentrated. when people from other places flock to tokyo, tokyo's housing prices will be worth a crazy increase.

at this time, the dilemma also quietly formed:

housing is unaffordable in big cities like tokyo;

buying a property outside of tokyo means losing money.

therefore, japanese workers have only two choices throughout their lives:

the extra money is to get better services and real estate in big cities.

he had no money and returned home in defeat, so he had to retire in his small hometown.

you see, the dilemma arises again.

interestingly, tokyo is not alone in its fight; seoul is also the same.

south korea currently has the lowest birth rate in the world, but housing prices in seoul have skyrocketed, recording the largest increase in four years.

outside of downtown seoul, the picture is quite different.

house prices in non-urban areas have generally fallen over the past three years, and are even lower than the korean average.

in busan, south korea's second-largest city, apartment transaction volumes in the past three years have been less than half of what they were before.

why is there such an exaggerated contrast?

because seoul has also sucked up all the young people in korea.

because seoul has more job opportunities and the best education, medical and elderly care resources, young koreans go to seoul if they can.

as a result, seoul, which occupies only 0.6% of south korea's total area, has about 25% of the country's total population, and a strange phenomenon has also occurred.

a south korean 20-something would need an average of 86.4 years’ wages to afford a home here.

there is nothing new in the world.

(what? some japanese people propose with real estate instead of engagement rings?)

when we put together the experiences of japan, south korea and china over the past thirty years, it becomes very interesting. east asia has become like something out of a song.

i blew the wind you blew

does this count as a hug?

i've walked the path you've walked

is this a reunion?

alas, when i first heard it, i didn’t understand the meaning of the song, but when i listened to it again, i was already the person in the song.