Why is Jinyang Seven Neighborhood Cheap?

The reason why Jinyang Seventh Neighborhood is cheap is as follows:

1. Location: Jinyang No.7 Neighborhood is located in a remote area of Pudong New Area, Shanghai, with relatively few surrounding commercial, cultural and educational resources, so the house price is relatively low.

2. Age of the house: Most of Jinyang Seven Neighborhoods were built in the 1980s and 1990s, and the house age is relatively long, so the value of the house will be reduced.

3. Building structure: Most of the houses in Jinyang No.7 residential area are old-fashioned residential areas, with old building structure and low decoration level, so the house price is relatively cheap.

4. Market demand: Affected by geographical location, housing age, building structure and other factors, the housing value of Jinyang No.7 neighborhood is relatively low, and the market demand is relatively low, so the house price will be relatively low.