Why is Fangshan Bibo Garden cheap?

The main reason why Fangshan Bibo Garden is relatively cheap may be related to the following factors:

1. Location: Fangshan Bibo Garden is located in Changyang Road, Fangshan District, Beijing. Compared with the city center, its geographical location is relatively far away and its transportation facilities are relatively imperfect, which may make buyers have an impact on its price.

2. Property: The houses in Fangshan Bibo Garden are mainly 70-year-old houses, and some businesses and bottom businesses are 50-year-old houses. This requires that buyers who buy 70-year-old houses must comply with Beijing's purchase restriction policy, while 50-year-old houses are not limited, but there may be some restrictions on loan methods, such as not supporting provident fund and portfolio loans.

3. Market supply and demand: The price fluctuation of the real estate market is also affected by the relationship between market supply and demand. If the current market supply exceeds demand and the demand is relatively insufficient, it may lead to a decline in house prices. On the other hand, if demand is strong and supply is insufficient, house prices may rise.

4. Economic factors: Economic factors may also have an impact on housing prices. If the economic growth slows down and the job market is unstable, it may have an impact on the purchasing power of buyers, leading to a decline in house prices.

It should be noted that the above are just some factors that may affect the housing price of Fangshan Bibo Garden, and the actual situation may be more complicated. For property buyers, choosing a suitable house needs to consider more factors, including personal needs, economic strength, purchase budget and so on.