China s real estate has entered the era of stock housing, Cao Dewang It is wise to sell the house as

In China, houses seem to be the most valuable, but what people never expected is that China's real estate has entered the era of stock housing. Cao Dewang said that real estate should be done by people who understand, and people who don't understand should do it, and real estate will lead to a backlog of houses in their hands and cannot be sold, which not only harms themselves, but also harms others. In fact, the house has always been value-preserved, but there are some real estate developers, who want to sell the house higher, and have borrowed billions of dollars in the bank to build a house, but because their houses are too expensive, many people are reluctant to buy.

According to the data, the debt ratio of Chinese residents is 62%, and most people buy houses with loans from banks, and there is almost no money left every month except for repaying the mortgage. Add to this the declining fertility rate, and the nearly 89% homeownership rate, and people will only buy fewer and fewer new homes in the future. If you really want to invest in a house, buy multiple houses, and want to sell this house in the future, then now is the best time.

If you choose to keep the house, then you may not be able to sell it for much money in the future, and it is very likely that the house will be folded in your own hands.

Regarding the ** of the house, in fact, it is obvious that it is indeed getting cheaper and cheaper, because most young people are now reluctant to get married and have children, so the house is no longer a rigid need for young people. In addition, now that houses are getting more and more expensive, many young people have seen it and feel that it is better to rent a house than to pay off a mortgage of thousands of dollars every month.

If you keep all the houses in your hands and want to sell them when the ** of the house is higher in the future, then I think it is actually difficult to sell one. Although it is said that rich people in this world buy houses without blinking, how many rich people can buy houses among 100 people, and there is no need to borrow from the bank.

Personally, I think that the main reason why the house does not retain its value is the decrease in population and the reduction of the younger generation's need to get married.

Affected by the epidemic in recent years, the domestic house sales situation is not very good, and the internal circulation of the market is not very smooth, and many people's income is not very stable, let alone want to buy a house.

Wang Jianlin confronted this problem in an interview with reporters, Wang Jianlin said, you go and look at the current cities, how many houses there are, houses are everywhere, real estate has long been in surplus, what kind of real estate do I have, isn't it unreasonable? Therefore, Wanda has only begun to gradually transform in recent years, from the original real estate to the field of cultural tourism (which is a wise choice). Coincidentally, the big guy also has a similar comment, the big guy believes that now that there is a surplus of real estate, it will not be worth much to build a house again.

As we all know, the glass king Cao Dewang.

He also has his own insights into industrial investment, especially his concept is to hope that industry can save the country, so he advocates a virtual economy.

The Internet economy is also often angrily denounced, after all, he believes that any innovation that is not based on industry is a castle in the air, such as finance, real estate, and so on.

Recently, Fuyao Group.

Cao Dewang, chairman of the board of directors, mentioned his views on the current domestic real estate at this year's China Automobile Blue Book Forum, which also attracted great attention from the outside world.

Cao Dewang mentioned that doing real estate as a layman is harming others and himself, and it is necessary to let people who will engage in related industries, rather than chasing interests and causing them to owe a lot of debts in real estate, and they should be allowed to engage in real estate, such as Li Ka-shing.

In the same way, letting people who don't know how to come into contact with them is ultimately harming others and themselves.

In fact, Cao Dewang has mentioned some admonitions to China's real estate economy more than once in relevant public occasions, he once said in an interview that China lacked the need to build a large number of houses in the past, and now there is no shortage of houses and still building a lot of buildings, in fact, to put it bluntly, many real estate developers do not hesitate to borrow money to build houses in order to chase more economic dividends, especially many banks have been implementing a relatively loose monetary policy in order to be able to lend to real estate companies. Therefore, it has also led to many real estate developers taking bank loans.

to invest in real estate, so the whole market atmosphere has formed a trend of hoarding and speculation, which eventually leads to the long-term high debt ratio of many real estate companies.

Nowadays, China's real estate development market has been in a state of surplus, coupled with the impact of the epidemic in the past two years, many people have to suspend their plans to buy houses, and even many owners who hold houses have to choose to sell their properties in order to recoup funds.

Entrepreneur Cao Dewang talked about real estate again, saying that investing in real estate needs opportunities. From his conversation, we can see that entrepreneurs are pessimistic about real estate, and the scale of the real estate industry has basically reached its peak. Since 2021, the real estate industry has seen declining earnings and declining profit margins.

At present, it seems that real estate is better not to invest lightly.

First, industry insiders are pessimistic about the real estate industry

In addition to Cao Dewang, many real estate industry bigwigs are also very pessimistic about the current real estate industry, and investing in real estate requires opportunities and great courage. Today's real estate companies can no longer borrow new debts to repay old debts as in the past, and many real estate companies have long faced a serious debt crisis. Cao Dewang also expressed his attitude towards this phenomenon, believing that those who do not know how to do real estate owe huge debts, which is harming others and themselves.

Small and medium-sized real estate companies are facing tremendous pressure and have no choice but to reduce prices to sell their properties. With the introduction of a series of policies in the real estate industry, owners are also worried about whether real estate companies can withstand the pressure and deliver their houses smoothly, and many homeowners' confidence in real estate developers is also declining.

Second, real estate income continues to decline

Real estate income has been declining for a long time, which means that the real estate industry can get less and less of the cake. Many entrepreneurs have long seen this fact, from 5% of the net profit in previous years to less than 10%, and even some real estate companies are still in a state of negative profit growth. It also shows that the scale of the real estate industry has basically reached its peak, except for some special years, the scale of the industry is getting smaller and smaller.

Housing prices have been soaring in the past few years, and the rate of increase has long exceeded the wage growth rate of the vast majority of people, and many people have a wait-and-see attitude towards buying a house.

All in all, the real estate industry is now facing the burden of small and medium-sized enterprises (SMEs) and gradually withdrawing from the real estate market. The rest of the real estate companies are also restructuring and merging in an attempt to survive the debt crisis, and it is not recommended to invest in the real estate market at this time.

The real estate industry is not worth investing in at the moment, because the real estate industry has been hit by the epidemic, resulting in very serious losses.

Now the state has introduced a series of measures to support the development of real estate, if people who really have housing needs can buy a house, but it is not suitable for investment in speculation.

Cao DewangMr. believes that in the future, the house will be made of steel and concrete, which is worthless, and if we continue to develop the real estate market according to such steps, we will eventually usher in a decline in the market.

The house has an extraordinary meaning for every cheater, ordinary workers may not be able to touch a house of their own in their lifetime, but for those at the top of society, there are many or even countless houses in their hands. Real estate industry.

The future development must closely follow the market economy.

Because of the market economy and the relationship between supply and demand, the real estate industry will enter a cold winter, everyone should be more rational before investing in life, whether it is investing in a house or investing in other projects.

How did it happen?

On July 7, 2022, 76-year-old Fuyao Group.

Chairman Cao Dewang. Expressing his views at the 14th China Automobile Blue Book Forum, Cao Dewang claimed that the house in the future is reinforced concrete, which is not worth mentioning at all, and should not even hold the house high, the real economy.

The core competitiveness is strong. However, when this point of view was put forward, it was met with Ma Guangyuan, an expert who was suspected of being rented.

It is not difficult to see that housing prices are gradually **, of course, other leading enterprises have also had negative growth, in fact, this has a certain relationship with the market economy.

What does the future hold for the real estate industry?

The era of the real estate industry has passed, and there will be a significant decline in the house in the next 5 years, for the rich who hold many or even countless houses in their hands, it is very likely that the economy will shrink sharply in the near future because of the downturn in the market. Once the demand for real estate speculation exits, the demand in the real estate market will gradually shrink.

What is my personal opinion?

I think it is very normal for ordinary people to buy a house to meet their daily needs, and one thing in the near future in order to better control the real estate market, there will be relevant policies. Whether it's a control tax or a real estate tax.

will increase the cost of owning a large number of homes, and when investors' profits bottom, it will cause more and more investors to exit the market.

Cao Dewang said that real estate should still have some professional people to do, not to have a screed to do it without knowing how to shout, otherwise it will only lead to the development of real estate getting worse and worse, and it will also lead to worse and worse reputation, which will lead to worse and worse development. The future trend of the real estate industry is still relatively good, as long as the epidemic can be controlled, then real estate can be reborn.

He said that people who understand this industry should be allowed to do Douyu, and they should imitate Li Ka-shing, otherwise it will only make the industry worse and worse. The real estate industry will be hit by the epidemic, will also be affected by the epidemic, will be affected by the epidemic, and if the epidemic can be controlled, then the real estate industry will be able to recover.

He said that real estate should be done by people who can do it, and if they can't do it, don't do it, it will harm others and themselves, and the future development prospects of the real estate industry are not particularly good.

I don't agree with this statement, and I think it's better to have two houses in hand.

Cao Dewang's remarks have different effects on different groups of people. For investors with a large number of properties, the property can be sold to recoup the funds as soon as possible to avoid large fluctuations in the property market, but for most ordinary people, this theory is not appropriate. It is better for ordinary people to keep two houses in their hands, so that they can respond to changes with the same.

Although the housing prices in the real estate market have reached a relatively commanding height, there will be no more large ** situation in a short period of time, but the probability of housing prices is not particularly high. This is especially true for properties that have already been repaid or paid in full. A house is used for self-occupation, it is not an investment product at all, even if the house price fluctuates, it will not affect itself, and another house can be mortgaged or directly ** as an investment when you need money urgently, and exchange it for cash to cope with normal life.

Consumers who have multiple mortgages in their hands can consider Cao Dewang's remarks, sell the excess real estate and return the funds to turn their current housing into full payment to reduce their financial pressure, but if the interest rate of their real estate loan is particularly low, they can put the funds in the future of the property in their hands in case of emergency. Because the economic situation is not good because of the epidemic, many people will face undesirable situations such as unemployment or declining income, and only have enough funds in hand to cope with unexpected situations.

For the average family, there is only one suite, or even a house is still a mortgage purchase, such a house can not be sold, because the house is their own reliance, with a house to have a warm home, if you feel that the house price fluctuates, you are afraid of selling the property at a loss, then you can only rent a house in the future, which will affect your quality of life, after selling the property want to buy after the house price is reduced, you still need to wait for a long time to be able to achieve it, or it is unknown, so it is not recommended that ordinary families take this risk, Be sure to keep your own property, only by owning a property can you prove that you have a little strength, and then you can have capital when you apply for a loan or find a partner for your children.

Cao Dewang is right, it's not like house prices are falling all over the country, and some developers have declared bankruptcy.