Xinhua News Agency says Suqian housing prices are inflated. Will Suqian housing prices usher in a new turning point?

There is no doubt that urban development like Suqian cannot afford such high housing prices, and housing prices may soon usher in an inflection point. During this period, the official media pointed out some chaos in the property market. In the case that housing prices in first-tier cities are controlled, housing prices in some small counties in the third and fourth lines have risen, and some small counties once reached 20,000 to 30,000, which is obviously unreasonable. The reason behind this unreasonable phenomenon is the influx of real estate speculation funds, which originally favored first-tier hot cities, as can be seen from the skyrocketing housing prices in first-tier cities at the beginning of the year. Then, under the strong control of the government, the space for real estate speculation in hot cities was compressed, and finally they had to go to small counties.

Because these counties have a specific feature, that is, they are close to big cities and the regulation of the real estate market is weak. Although it is only a small county, because it is close to big cities, many real estate speculators regard these places as the targets of speculation. Without too many purchase restriction policies, local house prices will soon push up. In fact, the reason is very simple. In the context of monetary easing, the market is abundant in liquidity funds, and the funds will naturally choose the assets with the most value-added potential, so the property market is naturally the best choice.

In the long run, this phenomenon won't last long, because money can't be easy all the time. Once the market liquidity is tight, the property market will face pressure. Moreover, this small county is not like a first-tier city. Supported by economic fundamentals. The per capita income of small counties is limited. With such a high housing price, there are not so many people who just need to take over. The final result is natural, that is, house prices plummeted.

In fact, this year, the government's determination to regulate the property market is very strong. Banks in first-tier cities have been strictly controlled. It is very troublesome for ordinary people who just need to buy a house. For real estate speculators, it is even more difficult to get a mortgage from the bank to speculate on real estate. In addition, the real estate tax is imminent, and the future housing price trend is not optimistic. At this time, it is very risky to choose real estate speculation.