Why do rich people always have several houses, and what s the benefit of having so many houses?

There are several reasons why wealthy people usually have more than one property:

1.Investment effect: Real estate is often seen as a safer way to invest. Especially in China, where house prices tend to move faster than many other investments, buying multiple properties can be seen as a conservative investment strategy to preserve and increase value.

2.Estate planning: Many wealthy people consider property as part of their inheritance to leave a legacy for the next generation. Real estate is better resistant to inflation than cash, making it an important tool for estate planning.

3.Housing needs: For the wealthy, buying multiple properties can meet their different living needs, such as a holiday home, a downtown apartment or a suburban villa, which can be used as a living option.

4.Tax incentives: In some regions, tax benefits are available for owning multiple properties.

For the benefits of owning multiple properties, in addition to the above-mentioned investment effects, estate planning, and residential needs, there are also the following:

1.Rental income: If the property is rented out, then it will bring a steady rental income to the owner.

2.Offsetting liabilities: If the property has a higher interest rate on the loan, then the rental income can be used to offset some of the liabilities, thereby reducing financial stress.

3.Symbol of wealth: Owning multiple properties is often seen as a symbol of wealth, especially in some socio-cultural contexts, where property is seen as a status symbol.

Please note that investing in real estate is risky, the value of real estate may fluctuate, and investment income may also be affected by a variety of factors, including economic cycles, policy adjustments, etc. When considering investing in real estate, you should fully consider your financial situation and risk tolerance.

This is because real estate as a real estate has the following functions: the first is to live, which is also the most basic role of real estate, the house can be changed with the mood to live, which is also a kind of enjoyment; The second is that real estate has a certain role in maintaining and appreciating value, such as the sharp rise in housing prices in the past ten years, many rich people buy houses on the one hand to maintain and increase their value; The third is that real estate can be used as a resource to rent out to make money; The fourth is that real estate can be resold as a commodity for speculation, and it is often profitable to speculate on real estate. Therefore, many wealthy people buy a large amount of real estate mainly as an investment strategy, not just for residential purposes.

Of course, these are just some of the common roles, and there are other aspects that need to be further explored.

This depends on the situation, for example, some celebrities have houses everywhere, just to facilitate work, because it is also very troublesome to rent a house everywhere, some people want to make money to speculate in real estate, to put it bluntly, some people are purely comparative, and some people are really rich and can't spend enough, so don't care about others, it's better to fight for your own house. Anyway, I think there is a reason why other people buy houses.

There are many reasons for the price reduction, such as less income or fuller, or it may be that the builder is no longer developing more, etc. To be honest, there is no need to buy many houses in the future, as the state says, houses are for living, not for Chang's speculation.

For example, this time the new crown pneumonia epidemic, the state released a large amount of funds to support enterprises, and also specifically lowered the LPR interest rate. However, this year, due to the new crown pneumonia, people's incomes will be greatly reduced, and the ability to buy houses will be compressed instead of increasing, and the pressure on housing prices will be greater.

At present, the rent-to-sale ratio in first-tier cities is 1:70 1:100, and we can get at least 5% or 6% of the income every year by depositing five or six million in the bank.

If it is other riskier wealth management products, the rate of return can reach 8% to 10%. Don't think that 8% and 10% of investment and wealth management products will be lost all of a sudden, even if you lose money, it is generally impossible to lose all of them. However, with interest rates of more than 10%, you must be prepared for the risk of serious or even total loss of your money.

Is property really important for wealthy people?

According to the Hurun Wealth Report 2019, 65% of high-net-worth families with tens of millions of assets are business owners, and their corporate assets account for 2 3 of all their assets, and their real estate is generally more than 1.8 million yuan.

Professional stockholders, corporate gold collars and property speculators are the main force of real estate consumption. Professional shareholders (5%) own real estate worth more than 4.3 million yuan, corporate gold collar (20%) own real estate worth at least 5 million yuan, and property speculators (10%) invest in real estate about 84% of their total wealth.

There are quite a lot of people, it is a house that was bought when the real estate has not been speculated, at that time the house was very cheap, 500,000 to buy two or three sets is not a problem, now 1 million can not buy a set, don't think that some people have several houses are very powerful, he may not have any ability, just buy a house early, I am around a person Huikuan, only envy in the early years had wanted to buy a villa, at that time less than 1 million, he already had a house, he felt that it was useless to buy so many houses, so he discouraged, As a result, the real estate rubbed to the top, and the villa later rose to more than 10 million.

When the price of real estate has not risen, people who own a few suites have become rich, less millions, more than hundreds of millions, because in the past few decades, the price of the house has risen rapidly, and the price of the house has exceeded the salary earned by going out to work, if there are a few houses at home, they will wait for the price of the house to rise every day, and the house that starts with 1 million will be sold in 2 years, which is equivalent to earning 500,000 in 1 year, not to mention that many people have more than one house in their hands, Professional house speculators even have hundreds of houses in their hands, and the price of the house alone keeps rising, and it is also hundreds of millions of income a year.

Some people believe that houses are the most valuable, and houses in big cities are worth millions or tens of millions of dollars, and as housing prices grow, their value will continue to rise in the future. Don't overlook the fact that the house is not purchased in full, and the house does not really belong to the buyer until the loan is paid off. Housing prices are so expensive that very few families can afford to pay in full, most of them have to take out bank loans, and their mortgages will have to be deducted from their personal bank accounts every month for decades to come.

If the bank is unable to repay the property for a long time, the bank has the right to repossess the house and transfer it to the court for auction to offset the loan. Bank employees reported that due to the impact of the epidemic in the past two years, the number of properties recovered by banks has increased significantly compared with previous years.

It is because of this that the idea that having a house equals being rich has been overturned by some. Some people will say that having a deposit is really rich, after all, it is a real banknote in hand. But it's useless to just have money, under inflation, money is constantly depreciating, and it will become less and less valuable.

All in all, those who have a house, a certain amount of savings, and a stable and high-income income must belong to the people. Of course, not everyone can reach this level, and there is not much pressure. You just need to do your best to improve yourself, never "lie flat", and your income will always increase.

Lying flat is not suitable for modern people, society is developing, lying flat will only be out of touch with society, and will be completely eliminated in the end.

Besides, having money does not mean that you are truly happy in your heart. Many wealthy people put a lot of attention into their careers and make money in the early days, thus ignoring their family and friends, without these feelings, a person is very lonely. Some families, although the economic conditions are not good, but they are healthy, and the family reunion is the happiest.

There are many reasons why wealthy people buy an entire model house, and here are some of the main ones:

1.Need for more privacy: Wealthy people may need more private space to live independently, or need more space to host guests and family. Buying an entire house can meet this need without sharing common facilities such as bathrooms and kitchens with others.

An entire house can be used for commercial purposes such as hotels, conference centers, wedding venues, etc., and can be renovated and remodeled without affecting life.

3.Higher social status: Wealthy people who buy an entire mansion can show their wealth and social status to the outside world, and can better show their taste and style.

4.Higher privacy protection: Wealthy people may need higher privacy protections to avoid being disturbed or spied on. Buying an entire house can prevent too many people from coming and going, and you can also use a high-tech security system to protect your privacy.

In general, the purpose and needs of wealthy people buying an entire house are different from those of ordinary people, and the search is more focused on private space, investment opportunities, social status and privacy protection.

This question is not valid in the first place.

Young people nowadays don't want to get married at all.

Times are different, and the logarithm of marriage registrations in 2021 is only a little more than half of that in 2013;

It proves that young people nowadays do not want to get married.

Marriage now is different from before, and marriage back then was a life where everyone got together and lived together.

Now the wedding may have to make up six wallets, and after the wedding, it is still a piece of chicken feathers.

In the past, raising a baby was a multi-baby with more rice, but now raising a baby requires both a chicken baby and a chicken themselves.

Since the quality of life will be greatly reduced after marriage, many young people want to be free not to fall in love, and not to get married with milk tea.

Young people don't want houses.

It is also true that many young people from other places "tiptoe" want to buy a house in a first-tier city, but most young people who want to buy a house do not want marriage or dimensionality reduction, but just want the urban welfare and fixed residence they deserve.

It is a city welfare and a long-term residence, and it is not necessary to buy a house.

If the local government can provide affordable housing such as public rental housing, low-rent housing, and rental housing, and provide urban benefits such as household registration and medical care that are consistent with those of home buyers, Lao Lei believes that most young people are not willing to buy a house by themselves and help their families.

It's just that this is likely to affect local land finance, so it's ......

There is indeed an advantage to having a house.

Before all kinds of affordable housing are fully implemented, there are still advantages to buying a house in the urban area, especially after five years of buying a house.

At that time, property prices and rents have come up, and when the economy is good, you can consider settling down, education, medical care, pension and so on.

When the economy is bad, you can rent him out, and the rent of the house in Guangzhou city will increase more than the monthly payment after 5 years;

At that time, he can give back to you as a landlord, and you can move to a smaller rental house or an urban village by yourself.

Don't think about buying a house in one step, it's a mistake to live in a house for a lifetime. A property purchase should be made once in 5-10 years. For the house, everyone has a phased need.

There is a mix of needs, but there must be one that stands out at the moment. What we need to grasp in this process is that the liquidity of the house should be good. When you want to exchange it, you can always sell it and buy a second set.

In general, this is for investment and financial management, and if you have rich money in your hands, you can use it to invest in real estate, and wait for the house price to be sold. This is also known as flipping houses.