China is a populous country. With China's accession to the World Trade Organization, the foreign population will double.
Although the state has carried out regulation and introduced some housing reform measures, the effect is still not obvious.
Therefore, in the next few years, house prices will definitely rise steadily.
The specific increase is difficult to predict.
Why did house prices skyrocket?
Over the past year or so, house prices in various places have basically doubled. Some people say this is speculation, others say this is a bubble. I don't think so.
Imagine that a few profiteers can't fry anything. It must be backed by huge social needs. Otherwise, no one will buy it, and everyone will buy it if your house price rises again. If you really can't buy more houses, you will naturally fall.
So what kind of demand is driving housing prices?
I tell you, in the early 1980s, a large number of educated youths got married after returning to the city. Basically, young people accumulated in the 1960s and 1970s concentrated on getting married and having children in the early 1980s. Now, 25 years later, it is time for a group of only children to get married and start a family. No young people want to live with their parents these days. They are all only children. Parents have to buy a small family for their children even if they lose everything, so there is such a big social demand as the backing. Is it okay to get married without a house? Now who doesn't want to live in a lively market is also a change of people's concept. Accept it, house prices will not fall in the short term.