How can house prices keep rising? At present, there are 75 cities with house prices exceeding 1 10,000 yuan, and many first-and second-tier cities have house prices above 20,000 yuan. You may say, since house prices have doubled in the past decade, why can't they double in the next decade?
First of all, you need to know why house prices doubled in the past. To put it bluntly, it is because the value of the house has been constantly improving. Especially since 20 15, with the implementation of the "destocking" strategy, many places have accelerated the demolition efforts, and a large number of relocated households have bought houses with compensation, resulting in a large number of housing needs, and house prices have naturally risen.
In addition, with the passage of time, besides being used for living, houses are more closely linked with various resources. Take the school district as an example. I believe you should know that schools in most cities divide school districts according to "districts", which means that if you want your children to go to a good school, such as buying a special school district, it is normal for house prices to rise.
Owners of nearby communities will also get up. In fact, many people in China have a strange idea when buying a house, that is, "the faster the house price rises, the more people buy it." In fact, this is what many people say, buy up and not buy down. The price of the school district has been rising, and the prices of nearby houses will also rise, so we can find that if the price of the school district rises by 20%, the surrounding houses will also rise by 10%.
Secondly, five years ago or 10 years ago, when the regulation of the property market was not particularly strict, especially before the implementation of the purchase restriction policy, many people bought several houses. Prior to this, statistics were conducted by relevant institutions. The proportion of investment houses in many communities has reached 60%. Objectively speaking, if these real estate speculators collectively adjust their prices, other owners will adjust their prices accordingly. In fact, this is the direct cause of the rise of many communities.
However, in recent years, with the continuous strengthening of the regulation of the property market, more and more cities have strengthened the purchase restriction and increased the difficulty of loans. For example, starting from 202 1, the central bank requires the establishment of a "centralized loan management system", requiring the proportion of personal loans from banks and the proportion of loans from real estate enterprises; In addition, cities such as Nanjing and Qingdao have also begun to pay attention to land supply. It can be seen that the era of real estate speculation is gradually passing.
Generally speaking, judging from the current situation of the domestic property market, there is a high probability that house prices will not double in the future. You know, with the rise of housing prices, consumption power will also be affected. For example, if you borrow 654.38+100,000 yuan to buy a house, the mortgage interest rate is 5.5%, and you choose 30 years of mortgage time, then you need to repay the mortgage 5677 yuan per month, plus various living expenses, which adds up to at least 8000 yuan per month.
Welcome to pay attention to @ Wuxi property market!