House prices are directly proportional to the purchasing power of residents. With the rising income of residents, it is inevitable that house prices will rise. At present, the regulation of ZF is concentrated in dozens of cities in the first and second tier. In other places, 3000 to 5000 square meters or even 6000 to 7 100 square meters is actually not high. According to the information revealed by the National Conference of Directors of Migrant Workers' Work and Family Services (see 201KLOC-0/Sichuan News Network on February 29th), the total number of migrant workers in China is 252.78 million, and the average monthly income of migrant workers exceeds 2,000 yuan, reaching 2,049 yuan. According to this calculation, the annual income of a couple of migrant workers is 49 1.76 yuan. According to the internationally accepted calculation method of "prime minister's house price" and the recent hot speculation of netizens, if the ratio of house price to income is less than 6 times, the total income of a couple of migrant workers in six years is 295,056 yuan, which is enough to buy a small apartment with two rooms and 75 square meters at a unit price of 4,000 yuan, which can be bought in most parts of the country.
Judging from economics and economic laws, the future trend of the property market is definitely related to purchasing power. Although the current property price seems to be out of touch with purchasing power, the economic law is the same, that is, investment depends on the prospects. If the purchasing power is expected to increase rapidly in the future, it may not take two or three years to catch up with the property price and adapt to it. Just like the stock market, high-growth companies deserve high P/E ratio and high share price. Back to your question, it depends on whether you believe that the purchasing power (residents' income) will increase rapidly in the future. If you think the income of residents will increase rapidly in the future, if most people hold this view, isn't it clear what the property price will look like?
When people's income doubles in the next five years, at that time, house prices will definitely be higher than the current prices.