Why can Chinese afford to buy a house?

<> Chinese people buy houses now, not because they really need a house to live in, but more as an asset investment. Especially for those who were born and raised in the city, dare to ask how many families do not have a house to live in now? No matter how bad it is, you have a house of your own.

It can only be said that those who have migrated from the countryside to the cities really need housing in the cities; Those who have moved from small cities to big cities are those who really need housing in their new cities. But this does not mean that people do not have housing, it is just that in the process of immigration, new needs are created in new areas. In addition, the house is an asset, and after you have a certain amount of savings, do you take it to the bank?

Buy**? Cast**? Fry**?

It can't be a safe way to preserve value, so buying a house has naturally become the best way to invest in assets. Speculative buying aside, this asset can generate income while appreciating steadily, such as renting out. And in many cases, a house really can't meet the needs of self-occupancy.

Chinese people like to live together as a big family, but modern culture is not very happy to live in a large house for several generations, so their own small family, parents, parents-in-law have become a basic configuration, a family only has a house is far from enough. Speaking of renting, in the traditional concept of Chinese, the stability of housing is particularly important, and everyone wants a house of their own that can be dressed up to their liking without worrying about being evicted by the landlord at any time. Only with stable housing can we ensure the peace of mind of a stable family and work in the future.

Therefore, traditional culture is also a factor. Personally, I was born in a second-tier city, and then moved to Shanghai, my family has a certain sense of investment, and I have bought a house in my hometown with a little savings since the 90s, plus my family has bought houses in other cities (such as tourism and pension needs), and my family's housing will not be the same every day, so I have never felt the feeling of lack of a house since I was a child. But I didn't feel that there were too many houses, because each house has its own role, such as for my grandparents, grandparents, summer residences, vacation residences, self-occupations, original unit allocations, parents' rental income (my parents' retirement salary is really small), because I moved to Shanghai to support my parents in the surrounding area, etc.

After I got married, plus the real estate of my husband's family, the houses left to our children in the future will be at least 10 sets +, will anyone still say to buy a house at that time? At that time, the house was a simple savings! There are also concerns about high property taxes.

But what can you do by selling your house now? If cash is not good, investment is a depreciation. People say that housing prices in Beijing and Shanghai will always rise, and in the face of such outrageous housing prices, in the face of our small house in Shanghai, I still want to buy another set in Shanghai if I have the ability, and I don't want to replace it.

On the one hand, a house is an asset; On the other hand, coming to a new city is equivalent to rebuilding one's own housing system, as mentioned earlier, for a family, one house is really not enough to live in, for example, when parents come, it will be much more convenient to have multiple suites and be flexible, isn't it? And then it's a kind of reincarnation, in a new city.

This is an overdraft type of consumption supported by a consciousness (or value orientation). This awareness is a great resource for the nation. What consciousness?

To put it simply, under the immersion of more than 2,000 years of farming culture, almost everyone has the idea that they can only settle down if they have their own property (in the past, they had to have land). Even if he himself does not have this awareness, his parents do; Even if his parents don't have it, his parents-in-law do; Even if he, his parents, and his parents-in-law let him go, his classmates and friends were influenced by their parents and parents-in-law to have this kind of awareness, and they kept passing it on to him. Chinese who are not fooled at all do not exist.

This awareness has been exploited by the state and real estate developers. Actually, there are benefits. For most young people with stable jobs, the discomfort is over for a year or two, and although they have been tied up since then, they are also enjoying it, especially when they laugh at comrades who are not tied up.

My daughter-in-law loves me even more. The unit leader also felt that the guy was more down-to-earth. The country is happy to enjoy social stability.

Chinese people have a similar consciousness: only those who are well-educated and good men are not soldiers. The former was also infiltrated by the imperial examination system for more than 1,000 years.

That's a good thing. Even if the Chinese have problems with food and warmth, they still do everything possible to ensure that their children receive education. Manifested in:

Although Chinese is more difficult than Western languages, the illiteracy rate of Chinese in the Middle Ages was still much lower than that of the West (the West was almost 100% illiterate, and most languages did not even have written words before modern times). The latter made the Central Plains people after the Song Dynasty have long been at a disadvantage in the military conflict with the barbarians, and even if they face the crisis of life and death, they may not wake up. There is another important reason why Chinese can afford to buy a house:

After decades of development, most families have a little savings, but China's investment channels are seriously lacking, financial products are unreliable, and not everyone can have the elements needed to start a business. ）。Under the surface of Chinese buying houses, in fact, everyone (thinks) is profiting.

An era must have the characteristics and imprint of an era, we love crazy, crazy this crazy that, but generally a gust of wind, just love to buy a house for a long time, although Chinese love to buy a house since ancient times, know to live and work in peace and contentment, in ancient times there was also money to buy land, but that is mostly the business of rich people. In the 21st century, people began to gradually enter the era of national housing purchases.

In fact, when the market-oriented reform was just now, people's concepts had not yet changed, and they did not agree with buying a house. Later, with the continuous increase in housing prices, everyone seems to understand the truth of "not buying a house is a fool", coupled with the fooling of some people, it has almost reached the point of national speculation.

But the truth comes down to the truth, if it used to be a problem of concept, but when the housing price is so high that ordinary people can't afford it, the concept becomes a painful performance, because your real purchasing power conflicts with the concept, and you want to buy it but can't buy it.

So buying a house has become a game for rich people, the richer you are, the more you buy a house, and the more you buy a house, the richer you get. Those who can't even come up with the capital have become melon-eating masses.

It is no longer possible to judge whether you have money or not, and those who have no money may be able to go bankrupt to buy a house, some people think that this is wise, and some people think that this is more than worth the loss. Whether it is good or bad, this is no longer an individual, but a universal phenomenon.

Recently, the urban family wealth health report shows that in 2018, each urban family in China has an average of 10,000 yuan in assets, and China's urban families prefer to buy houses, and the proportion of housing assets is as high as 8%, which is twice the proportion of housing assets in American families. Young and old families, families with low education, and low-income families account for the largest proportion of real estate. On top of that, nearly 40% of Chinese households have their money in the bank.

In the past, real estate as a pillar industry has indeed affected hundreds of industries, but it has also made more real estate no longer sluggish, although it can not all be attributed to real estate, but the adsorption of real estate is too great. As a result, people can't afford to do anything else, they only like to buy a house and speculate on a house, because it is not as cost-effective as a house after a lifetime of hard work, which is the truth. When this concept is deeply rooted in people's hearts, do you think about it?

This also shows a problem, when a considerable number of people have not even solved a house, there are many more people who are thinking about how to make money and where to put their excess wealth. The investment channels are narrow, what can you do if you don't buy a house, and the real estate market is not mature, so that property speculators have the opportunity to take advantage of all kinds of loopholes, resulting in insufficient houses to build, housing prices are difficult to stabilize, and problems are brewing one after another.

Why do Chinese want to buy such a small house, and it is so expensive. That's because maybe young people get married and then have a family. You have to buy a house, which is the most basic requirement.

Two people are together, and it's convenient. The outside house is for better convenience of life, so that we can shelter from the wind and rain and have a warm home.

There are many reasons why Chinese buy property, some of the main reasons include:

Housing needs: Housing is one of the most basic survival needs of people, and the cost of renting in China is higher, and buying a house is more affordable than renting, so many people choose to buy a house to solve their housing problems.

Investment and financial management: In China, real estate has always been an investment area that has attracted much attention. Since China's real estate market has always been on an appreciating trend, many people choose to buy a house to get a higher rate of return.

Stable income: For some middle-class families, owning their own home can provide more stable income and avoid the uncertainty of renting due to price increases or landlord changes.

Social status and face: In China, owning your own home is often seen as a symbol of social status and face, so many people also choose to buy a property to show their social status.

In short, there are many reasons why Chinese buy real estate, but in the final analysis, they are all to solve the housing problem and obtain higher returns.

Why do Chinese want to buy houses? I think not only Chinese people want to buy a house, but people from any other country also like to have a house, because the house is their own harbor and their own home. Especially for us Chinese, there is a sense of home.

1.Although the house is for people to live in, the house can accumulate wealth.

In China, housing is a fixed asset, and although it is used for living, it can accumulate wealth. If you rent a house, you have to pay rent every month, for example, you spent 500,000 yuan in rent, and the 500,000 yuan was really spent, and the house is still someone else's, and if you buy a house with 1 million, then the 1 million is still yours, but you just turned RMB into fixed assets and got a house.

2.The house is a risk reserve.

With a house, a person will have a lot of confidence, and he can try to consume things that he has not had before. If you encounter problems in your life and lack of funds, then you can sell the house and get yourself out of trouble in an instant, and secondly, many young people who start a business are getting the first pot of gold by mortgaging the house.

3.Housing and education are never separated.

At present, there is no house next to a prestigious school that is not very expensive, and it is the same in China, even if it is a rental house, the houses around the school are also very expensive, so the house and children's education are always inseparable.

4.Marriage and children that can't be avoided.

Although many people advocate the decoupling of house and marriage, the ideal is good, but the reality is not like that. Many people's marriages have to pass the hurdle of a house, and marriages without a house will be blocked. Secondly, if you don't have a house, then you don't have a guarantee for your future life.

5.The house can be seen and touched.

Although the house is built with some reinforced concrete, the house is certified and has a certificate of legal benefits. With the certificate, then the future life will be more down-to-earth, and the current property market has a greater impact on housing prices, and the wealth brought by buying a house is still relatively large.

6.There is a big difference between renting and buying.

Renting a house means that no matter how good the conditions are, the house is still someone else's, and renting someone else's house is to work for someone else. But buying a house is an investment, and the house really belongs to you, and it is much more practical than renting.

7.Buying a house is good for improving the quality of life.

Although buying a house has to be repaid with thrifty money in the past few years, this situation will not be long, and with the growth of wages and the release of preferential policies, the mortgage will become easier. The increase in the family's assets will improve the quality of life.

First, the current policy allows rural collective land to enter the market, so that there will be more land, which will inevitably affect the decline of land, and will naturally affect the chain reaction of the decline in housing prices.

Second, the vacancy rate of the house is getting higher and higher, we often see a lot of real estate delivery for several years, there are still only a few families living in it, because many people buy a house for the future house price appreciation, so it looks particularly deserted at night, but these houses will one day be inhabited, and at this time, these rich people have not sold their houses, in fact, there is only one main reason, that is, the house price is too expensive, So when these people can't wait to sell the house, the only way to do it is to reduce the price.

Third, it is only a matter of time before the real estate tax is levied in the future, and it will have a big blow to the speculators who own multiple houses in the future.

Fourth, the demographic dividend is gradually disappearing, even if the two-child policy is now opened, but it is difficult to change the change in the nature of housing demand, because the original post-70s, 80s already have a house, and now the post-90s because they are only children, both parents have a house, the center of their lives is no longer on the house, naturally the demand for housing will be reduced, so the future housing prices will definitely decline.