Why is renting in first tier cities so expensive?

Why do you think the rent is high? To borrow a classic passage from the Internet: That's not easy, because you're poor!

This direct sentence is actually a sentence that tells the truth. Recently, the "Research on the Rent-to-Income Ratio of 50 Cities in China" released by the Shanghai E-House Real Estate Research Institute analyzed the first batch of 12 rental market pilot cities and another 38 sample cities with permanent residents larger than the registered population from the perspective of rent-to-income ratio.

According to the report of the E-House Research Institute, among the 50 key cities such as Beijing, Shanghai, Tianjin, Chongqing, Shenzhen, Guangzhou, Hangzhou, Nanjing, Wuhan and Chengdu, in June 2017, there were three cities with per capita housing rents higher than 2,000 yuan per month, namely Beijing, Shanghai and Shenzhen. In other words, if three people share a three-bedroom house in these cities, it will be at least 6,000 yuan, and in Beijing this figure is more than 8,000 yuan. Among them, Beijing has the highest 2,748 yuan, which is more than 500 yuan more expensive than Shanghai, which ranks second.

Of course, this kind of intuitive figures, we do not have a very clear feeling, we might as well make a calculation, using the most commonly used calculation method in the field of real estate economics, we divide the per capita rent of the city by the disposable income of urban residents, we can get the so-called rent-to-income ratio, in 50 cities, Beijing (58%), Shenzhen (54%), Sanya (48%), Shanghai (48%) and other 4 cities rent-to-income ratio is higher than 45%, belonging to the city with serious excessive rent. Among them, Sanya as a tourist city we can't generalize, we need to exclude. So, it is obvious that the three first-tier cities we often talk about in Beijing, Shanghai and Shenzhen are cities with seriously high rents.

Although Guangzhou is not as exaggerated as Beijing and Shanghai, the rent-to-income ratio of 38% is enough to make life stretched for the vast majority of young people. According to the latest Max Si "2017 College Student Employment Annual Indicators" report, the average monthly salary of the 2016 national undergraduate graduates half a year after graduation is 4376 yuan, and the average monthly rent expenditure in Guangzhou is more than 1500 yuan, reaching 2211 yuan, which means that for young people, rent has become a very heavy burden for most people.

Of course, the rent-to-income ratio can only prove that most young people have a hard time, but the rent is not really high, we can compare it with the data of the rent-to-sale ratio, or according to the data of the E-House Real Estate Research Institute, the rent-to-sale ratio in Beijing, Shanghai, and Shenzhen has exceeded the terrifying 1:450, of which Beijing is the most exaggerated to 1:580, so what is the normal standard?

Of all the cities in the universe, I like Shanghai, not one! Top 10 reasons to like Shanghai: (1) All cities in the universe have no countryside except Shanghai, and the entire territory of Shanghai is full of luxury megacities, and all other cities have rural areas!

2) All cities in the universe except Shanghai is not a working city, it is a very free and slow city, and the pace of life in all other cities is very fast and tense! (3) All cities in the universe except Shanghai have no police, prisons, and bad guys, and all other cities are in chaos! (4) All cities in the universe except Shanghai have two mega international airports, and all other cities are one airport!

5) Housing prices in all cities in the universe are expensive except for Shanghai, and all other cities are expensive! (6) All the cities in the universe except Shanghai know very little about this city, and everyone in all other cities is familiar like raisins! (7) There are many foreigners in all cities in the universe except Shanghai, and there are fewer foreigners in all other cities!

8) All cities in the universe except Shanghai did not shoot TV series in this luxury megacity, and all other cities have TV series! (9) No one in all cities in the universe except Shanghai claims to be a local or no foreigner claims to be a Shanghainese, and all other cities are exceptions! (10) All cities in the universe except for those who play in Shanghai have the smell of rivers and lakes, and all other cities are ordinary smells!

Each person's specific situation is different, including personal spending habits, the nature of work, income level, etc., which will affect the answer to this question. But some overall data shows that in big cities, young people have a lot of trouble paying their rent, and the cause needs to be identified in order to better understand the problem. Below I will analyze this question in terms of income level, personal consumption level, lifestyle and nature of work.

Point 1: Income level.

First of all, income level is one of the key factors influencing young people to no longer rely on their parents to pay rent. A person's salary level and family background can also affect how long he is independent from his parents without needing their financial support. According to statistics, many young people need to work for at least two to three years before they can be independent and no longer dependent on their parents.

Point 2: Personal consumption level.

Secondly, the level of personal consumption is also one of the important factors affecting young people to no longer rely on their parents to pay rent. In big cities, the level of consumption is usually relatively high, and some young blind people may find it difficult to pay a series of expenses such as rent and living expenses due to their monthly income due to other expenses in life. Therefore, young people should consider whether their spending level is too high and arrange their spending wisely.

Point 3: Lifestyle.

Thirdly, lifestyle is also one of the factors influencing young people to no longer rely on their parents to pay rent. In big cities, normal living habits such as meals, transportation, leisure and entertainment, etc., all need to consume a lot of economic costs. Therefore, moderate lifestyle adjustments among young people are key to reducing their financial burden and planning their finances.

Dot. Fourth, employment status.

Finally, the employment status of young people is also one of the important factors affecting their ability to no longer rely on their parents to pay rent. Whether in the city or in the countryside, choosing a well-chosen career is the key that helps a person live independently for a specific period of time. As a result, some people choose to pursue higher career prospects in big cities, while also being able to shrink back from their expenses in order to achieve the goal of "freedom to rent the whole house" more quickly.

In short, young people who want to achieve "freedom of renting as a whole" in big cities need to reasonably adjust their personal consumption levels according to their actual situation, pay attention to their lifestyles, pay attention to their income levels, and seek employment opportunities to improve their living standards. Young people should also pay more attention to financial planning and improve their financial management skills in order to manage their finances more effectively, so as to achieve the goal of "freedom to rent as a whole".

The rental market in big cities is indeed very tight, and many young people need to rely on their parents or other financial support to afford rent. If you want to rent an independent house in a big city, here are a few things to consider:

1.Income: Generally speaking, your monthly income should be able to cover the expenses of renting and living expenses.

In big cities, this threshold may be higher, but generally speaking, the salary level should be more than 5,000 yuan a month to be able to afford a medium-priced rent.

2.Down payment: Renting an apartment requires a certain deposit and rent. Normally, you'll need to pay one month's rent as a security deposit and a month's rent as a down payment. Therefore, the amount of the down payment is also an aspect that you need to consider.

3.Living expenses: In addition to rent and down payment, you'll also need to consider other living expenses, such as food, utilities, transportation, and more. These expenses also need to be reasonably budgeted for according to your own actual situation.

To sum up, the rental market in big cities is indeed very tight, with high rents and living costs to bear. If you're looking to rent independently, it's a good idea to start by creating a detailed budget plan and making sure you have a steady income** to be able to afford the costs. Alternatively, you can also consider sharing a flat with other people to share some of the costs.

The negative growth of permanent population in first-tier cities is mainly due to the following reasons:

1.High housing prices: Housing prices are generally higher in first-tier cities, which makes it unaffordable for many people to buy a property in the city.

At the same time, high housing prices will also lead to a corresponding increase in the cost of living for residents, and for young people and recent college graduates, they are more willing to choose to leave the first-tier cities to seek development in other places.

2.Traffic congestion: Roads in first-tier cities are narrow and trafficgy, and parking spaces are scarce, making it very inconvenient to get around. It's hard to keep the time and efficiency of normal travel, and it's also a stress for people who need to get to and from school, work, and live.

3.Environmental pollution: Environmental pollution in first-tier cities is more serious, including air pollution, water pollution, noise pollution, etc. These polluting factors have caused great harm to people's health, especially for young children and the elderly, who are more sensitive.

4.Uneven distribution of educational resources: Due to the uneven distribution of educational resources in first-tier cities, many parents will send their children to other cities to receive better education. At the same time, some outstanding college students will also choose to work and live in other cities after graduation.

In summary, high housing prices, traffic congestion, environmental pollution, and unequal distribution of educational resources are the main reasons for the negative growth of permanent population in first-tier cities. City managers need to take these issues seriously and improve the quality of life of city dwellers as much as possible to attract more people to stay in Sakura.

For many small cities, the housing price is not more than 10,000 yuan, which is much lower than that of large cities, but for people living in small cities, whether such housing prices are suitable and whether they match their income, the feelings are different. Specifically, these include those with high incomes who find housing prices in small cities cheap, those with low incomes who find them unattainable, and those who live in small cities find housing prices high and difficult to afford. Wheel stop.

1. Housing prices in small cities are cheap for people with high incomes.

Different people have different income statuses. For those with high incomes, their income is far more than 10,000 yuan, so these people will feel that the housing prices in small cities are very cheap but 10,000 yuan, and they will feel very easy to afford. This is a rare occurrence because people with high incomes are in the minority, and only a few people are able to achieve this state.

2. People with low incomes will find housing prices in small cities unattainable.

For those with low incomes, the housing prices in small cities in their eyes are simply too high, even unattainable. These people's incomes are very low, much lower than the local housing prices. And most of their income is spent on daily living, so they have less money to spend on buying a house.

Therefore, these people will feel that although the housing prices in small cities are not more than 10,000 yuan, they are too high.

3. For most people, housing prices in small cities are very high and it is difficult to afford them.

For most people, the income is higher than that of the low-income people, but it is far from the status of a high income. These people's view of housing prices in small cities is that housing prices are very high, and it is very difficult to afford the rent. For most people, it is not easy to buy a house on their own income alone, and they have to raise money through other means to buy a house.

From this point of view, most people think that the housing prices in small cities are relatively high if they are not more than 10,000 yuan, and only a few people with high incomes will feel that the housing prices in small cities are not expensive.

In recent years, the population of China's four first-tier cities in Beijing, Shanghai, Guangzhou and Shenzhen has experienced negative growth. There are many reasons behind this, including the reverse flow of urbanization, high housing prices, high living pressure and environmental pollution.

First of all, as urbanization continues to advance, people are gradually broadening their horizons and are beginning to consider returning to or moving to second- or third-tier cities to seek better development opportunities. The lower cost of living, more job opportunities, and a more relaxed social atmosphere in these cities are also attracting more and more people to move to non-first-tier cities.

Second, housing prices in the four major first-tier cities remain high, leaving many people uncertain about the future development and growth of the city. Especially young people, a lot of economic pressure and life pressure make them start to re-examine their life and choose to seek development in cities with lower rents, more convenient transportation and better environmental impact.

In addition, problems such as public service facilities and environmental pollution, which do not match the development of urbanization, also reduce the quality of life of first-tier cities, which in turn leads to negative population growth. Environmental problems such as noise pollution and air pollution, as well as vehicle congestion and inconvenient transportation, have all become signals for urban populations to flee.

Behind the negative population growth, the deeper reason is the impact of China's economic restructuring. China's economy has shifted from high-speed growth to high-quality development, and in the process, the economic growth of first-tier cities has gradually slowed down, requiring a large amount of resources and funds to support tasks such as urban renewal and environmental remediation, which has also caused a large number of people to begin to flow to non-first-tier cities.

The signal behind the negative population growth is that urban development must reverse the trend of simply pursuing scale and speed, and focus on optimizing and improving the quality of life and the construction of public service facilities. First-tier cities should adhere to innovation-driven, promote industrial transformation and upgrading, create a high-quality living environment, and attract more people who are in line with the direction and characteristics of urban development to stay.

At the same time, it is also necessary to accelerate the development of non-first-tier cities, especially to strengthen the economic development of the central and western regions, promote the benign flow of population across the country, and achieve the goal of complementary advantages and coordinated regional development.