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Who will predict the changes in Beijing's housing prices in the next three years?
Personally, I feel that the housing prices in China are very high now, and the profits of real estate developers are also very high. I'm in construction, and I know exactly what the cost of a house is. Most of the cost is the relationship money spent during the enclosure period. In other words, the current housing prices in China are mainly maintained by monopoly and rights. Since the house is called a commercial house, no matter what factors it is affected by in the development process, its own value and market ultimately determine its price.
Since the house is a commodity, it will step out of the circle of rights protection sooner or later. In addition, China is now beginning to carry out supervision. At present, there are eight articles in China and six articles in China, but house prices are still rising. The reason is actually very simple, because the country is standardizing, but developers are insisting. It is inevitable to make a final struggle. The state will formulate countermeasures under the policy, but the arm will never twist the thigh. Don't think developers will fight to the death. Although they lost a lucrative project after state regulation, they also left accumulated capital, which means they earned enough money. When house prices fall, the people naturally benefit. Of course, house prices just plummeted, because after all, there are still many people in China who take out loans to buy houses. If society plummets, many unsafe factors will appear.
Of course, there is still a process of falling house prices, because local governments are also maintaining house prices now, because real estate is still the main economic project in various places. Under all kinds of resistance, the house price will be full of twists and turns, but it will eventually develop in a direction that ordinary people can bear.
Prices cannot be divorced from the market, and house prices will be in a reasonable proportion to people's income. As far as people's income level is concerned, house prices are above a reasonable price.
To sum up: I personally think that within three years, house prices will rise first and then fall, but the range will not be too large and will stabilize at a certain level. With the continuous improvement of people's income level, they will catch up with house prices. In short, the real estate market will achieve a soft landing, gradually become a system and get on the right track. The price will basically stabilize at the existing height. But don't forget, at the current development rate, the money earned in the future will be more and more, and it will gradually decline.
(This article is purely personal. If you believe it, then make a reference. Look if you don't believe me! )
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