Why is the house price in Hegang so low?

Hegang, known as the coal city, once had rich coal reserves, and coal was not a limited natural resource. Since coal reduction, Hegang economy has declined, and many people can't find satisfactory jobs in Hegang. Faced with this situation, many people choose to go abroad for development, so the population of Hegang has decreased a lot. Hegang was not a big city at first, but now many houses are abandoned with a small population, so the houses will be cheaper.

Second, the population is aging seriously.

The other is that many young people go out to look for work and life, which leads to a serious aging population in Hegang. No young people live here and no one will buy a house here, so only through low housing prices can more people be attracted to buy a house.

Third, the overall economic downturn.

Hegang's overall economy depends on coal resources. Later, coal resources decreased and many people lost their jobs. In addition, Hegang is originally a small city, and the salary in small cities is generally around 2000 to 3000. Such a low salary makes many people unable to buy a house, and the overall economic downturn will also affect the house price, so the house here can only be sold at such a low price.