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Why is Wuxi Xin 'an Garden cheap?
1. Location: Xin 'an Garden is located in Xin 'an Street, Xinwu District, Wuxi City, with a certain distance from the city center, and the transportation is relatively inconvenient, which leads to the relatively low willingness of buyers and the consequent impact on house prices.
2. Insufficient supporting facilities around Xin 'an Garden: There are relatively few supporting facilities around Xin 'an Garden, such as supermarkets, hospitals and schools. And public transportation is not developed enough. These factors affect the choice of buyers, resulting in low housing prices.
3. The quality and maintenance of the house are general: There may be some shortcomings in the quality and maintenance of the house in Xin 'an Garden, such as the long age and poor maintenance, which will also affect the house price.
4. Market supply and demand: Sometimes, the house price in a certain area may be affected by the market supply and demand. If supply exceeds demand, house prices may fall; On the other hand, if supply is less than demand, house prices may rise. The low price of Xin 'an Garden in Wuxi may also be related to the relationship between market supply and demand.
Generally speaking, the low housing price of Xin 'an Garden in Wuxi is the result of many factors. These factors mainly include remote geographical location, insufficient peripheral supporting facilities, general housing quality and the relationship between market supply and demand.
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