What would happen to society if China s real estate suddenly cooled

On the question of the financial crisis, the bubble in China is too big, and it is normal to have such fluctuations occasionally.

In the first half of 2018, China's real estate market remained in the back of high prosperity and tighter regulatory policies. The mid-year economic conference proposed to "resolutely curb housing prices", while the national housing prices did not significantly **. Liu Quan believes that the main goal of the real estate regulation policy is to maintain the direction of housing prices has not changed, and the real estate industry carries the lifeblood of social and economic development such as economic growth and local fiscal revenue.

Real estate development land **substantially**, market investment speculation and favorable policies are one of the main reasons for the soaring housing prices.

Last week, the Bureau of Statistics released data on the sales of newly built commercial residential buildings in 70 large and medium-sized cities in August 2018, showing that the sales of newly built commercial residential buildings in 67 cities were **month-on-month**; Housing prices in 2 cities were flat, and only 1 city in Xiamen had a slight housing price**. Liu Quan believes that the national housing prices have been sharply increased in the past two years, and the housing prices in many cities have even doubled and skyrocketed. High home buyers need to spend decades of wealth or generations of savings to buy a home, and high housing prices lead to an overall increase in the cost of living and a widening gap between the rich and the poor in society.

According to the data released by the Bureau of Statistics, from January to August 2018, the average transaction price of newly built commercial residential buildings nationwide was 8,724 yuan per square meter, a year-on-year increase. Liu Quan believes that the real estate regulation and control policies in first- and second-tier cities have been tightened in an all-round way, and the momentum of housing prices in the future is still obvious. Third- and fourth-tier cities are unlikely to fully implement real estate control policies, and housing prices are expected to return to stability due to the adjustment of the monetization compensation policy for shantytown reform and the superposition of negative news in the market.

The national housing price is not in line with the core interests, and maintaining the stability of housing prices is the top priority.

According to the survey data released by the central bank, as of August 2018, the balance of residents' deposits nationwide was 68 trillion yuan, and the average deposit balance per person was about 50,000 yuan. Liu Quan believes that in the first half of the year, the residential sector was in debt of one trillion yuan. Household debt is already at the limit of what can be tolerated, and high housing prices have led to homebuyers being in debt, with no savings and no money to spend.

The soaring housing prices across the country have triggered huge profits in the real estate market, promoting the rise of national housing investment, and the wealth of home buyers has been hollowed out by high housing prices. China's real estate market has cooled down in an all-round way, housing prices will not be large, and the trend of stable housing prices in the future is irreversible.

<> house prices have fallen dramatically in recent times, and even with the recent gradual economic recovery, house prices have not improved much. There are many reasons why this phenomenon occurs. Specifically, there are three reasons: sluggish demand is the root cause of the decline in housing prices, lower income is the direct cause of the decline in housing prices, and there is a lag in the pull of economic recovery on housing prices.

1. The fundamental reason for the decline in housing prices is the sluggish demand. Fundamentally, the reason for the low house prices is directly related to the decline in demand. ......When there is a strong demand for buying a home, the price of the house will remain stable and continue to rise.

And when demand is sluggish, housing prices will fall accordingly, and there will be a certain amount of decline. This is the root cause of the decline in house prices. 2. The decrease in people's income is the direct cause of the decrease in housing prices.

The direct cause of the decline in housing prices is the decrease in people's income. ......Affected by the epidemic, many people's income has decreased to a certain extent compared with before, which makes their ability to buy a house decline to a certain extent compared with before, which directly leads to the reduction of housing prices. ......Therefore, the direct cause of the decrease in housing prices is the decrease in people's income.

3. There is a lag in the pulling effect of economic recovery on housing prices, so housing prices are still sluggish in the near future. There is a very close correlation between the economic situation and housing prices. Specifically, when the economic situation is good, housing prices can rise steadily.

And when the economy is bad, house prices fall. ......However, there is a certain lag in the pulling effect of the economic recovery on housing prices, and it cannot directly affect the improvement of housing prices in a short period of time. This is the situation we are facing now.

Only after a period of time can the economic recovery on housing prices be concretely reflected, so that housing prices will gradually recover and increase.

Whether the global property market is cooling down will affect China's real estate market, based on the knowledge of economics that has been studied, explain the reason.

The cooling trend of the global property market may affect China's real estate market for the following reasons: The cooling trend of the global property market may lead to a weakening of capital liquidity, which will put some pressure on China's real estate market. Weaker capital liquidity will lead to a decrease in capital inflows into China's real estate market, which will lead to a decline in demand in the real estate market, ** lower.

The slowdown in global economic growth could have a certain impact on China's export and manufacturing industries, leading to lower wages, which in turn will affect the real estate market. When wages fall, so does people's ability to buy homes, and the demand in the real estate market decreases accordingly. The cooling trend of the global property market may lead to a correction in assets**.

Since many investors have already invested their money in the real estate market, the value of their assets will also be affected when global assets are ****. In this case, they may reduce their investment in the real estate market and sell their filial piety, which will lead to a decrease in demand in the real estate market. To sum up, the cooling trend of the global property market may have a certain impact on China's real estate market.

However, it should be noted that China's real estate market is affected by a variety of factors, and the global property market is only one of them. Therefore, when considering the impact of the global property market on China's real estate market, it is also necessary to consider the impact of other factors, such as domestic economic development and policy adjustments.

Clause. First, the saturation of the real estate industry.

At present, whether it is a large city or a small and medium-sized county. The need to buy a house is basically a rigid demand, and there will be no big loss of consumption, and there will be no plans to bury money in real estate.

Since there was "the house is for living, not for speculation", the speculation group has quietly left, and the market has weakened. Even if you have a house in your hand, you can't get rid of it. I don't want to sell it at a low price, and I can't sell it.

The most important thing is that the population growth rate has been low, according to the data released by the National Bureau of Statistics, the total population has decreased, and the urbanization rate has continued to increase. At the end of the year, the national population (including the population of Xiangfan and active military personnel in 31 provinces, autonomous regions and municipalities directly under the Central Government, excluding Hong Kong, Macao and Taiwan residents and foreigners living in 31 provinces, autonomous regions and municipalities directly under the Central Government) was 141175 million, a decrease of 850,000 from the end of the previous year. The annual birth population was 9.56 million, and the birth rate was as follows: The number of deaths was 10.41 million, and the mortality rate of the population was; The natural population growth rate is:

It is not only a question of population growth, but also of employment and unemployment. A lot of people leave the big city and go back to a small place to lie flat.

To a certain extent, the loss of population in large cities, the loss of talent. And the main thing is the era when every household has a house, and some real estate is unfinished. Without the financial ability and confidence to buy a house and so on, the real estate industry is close to saturation.

Then there are many people who choose to live unmarried and get rid of the shackles of their mothers-in-law, so they don't have the heart to get involved in the problem of buying a house. It has to be said that the mother-in-law is also a big driving force to promote the real estate economy.

Clause. 2. Transformation of urbanization.

I have seen relevant reports before, saying that urbanization is transforming step by step. The transformation of rural land into urban land and the rural population into urban population has led to a period of real estate explosion.

In the future, we will vigorously promote the development and revitalization of rural areas, so as to promote the two-way flow of talents and funds between urban and rural areas. Coupled with the slow transformation of urbanization, it is not so thorough. So it leads to a structural imbalance in the real estate market.

Clause. Third, economic growth has declined.

**After the war, it put a lot of pressure on domestic production. Coupled with the rapid development of domestic e-commerce, the fate of many real economies has changed.

Let's talk about the abnormal development of the Internet celebrity chain worm economy, and a live broadcast can have tens of billions of sales. And then most of this money goes into the pockets of individuals, which leads to many backbones of the younger generation who want to realize the individual through the network economy. To a certain extent, the handicraft industry was crushed, and some manufacturing.

And the most important thing is the price **, and now after college graduates come out, many industries are very volatile, and many people can't see it, hoping to choose to lie flat and rot. Because no matter how hard you try, you may not be able to afford a house, or you may have to take out a lifetime of loans.

The aging population is serious, and it is indeed stressful for two people to support four elderly people. It may be too difficult to work hard, so some people want to complain about more lucrative industries. But the track is crowded and competitive.

There are also experts who said that young people can rent for the rest of their lives.

For various reasons, to a certain extent, the economy has declined, and it is natural that they are not interested in buying a house.

I believe many people have paid attention to the fact that the real estate market is now in a downward state. And there are many people who themselves have seen that the house prices in many places are already on a downward trend, so many people themselves think that buying a house is not a distant thing. And many people, they themselves will want to save money in their own lives, through installments down payment, such a way to settle in the city.

It will allow some talent to flow to the market.

So for such a problem, we can also see that the continuous transmission of the cooling policy has indeed brought some relatively large impacts to the real estate market. Because there are many first-tier cities or second-tier cities, housing prices have been declining. So for some such cities, it is very likely that more people will find a way out, and for some third- and fourth-tier cities, housing prices have been reduced.

Then there will be some people who want to settle down in the fourth-tier cities of Santong, which is a very normal phenomenon. <>

Especially for some young people nowadays, if they are from a small county town in the 18th parallel, they will want to struggle upward. At this time, they will choose a city-level city by themselves. When most people struggle outside, they must want to survive in such a city, and they themselves will buy a house in such a city.

So when there is some price difference in the real estate market, they will feel that they can act. The bureau celebrates <>

And there will be many people who will choose to buy a house in such a city. And the real estate market is now in a state of gradual turmoil. There are also many people who feel that buying a house is an essential thing in the first place.

Therefore, when we buy a house, we will also think of some other issues, which will also involve some other interests. Therefore, when you buy a house, you will also feel that the house ** downgrade is indeed a good aspect.

1 has led to the real estate market, and the current development is not particularly fierce, 2 has a great impact on employees, 3 income will also be reduced, 4 is more serious in the nucleus, 5 has affected some other industries.

It has dealt a very heavy blow to the real estate sedan car conversion industry, affected the sales of the real estate industry, affected the economic closure of the real estate industry, and also affected the income of the real estate industry, and also affected the operation of the real estate industry.

Let the housing prices in the real estate market stabilize the number, school district housing, speculation, speculation group, and some second-hand houses, there is no way to continue, which has a very big impact on the real estate market, and the pressure on the real estate market is also relatively large.

The cooling policy is continuously advocated, but the price of housing in Xi'an has not been reduced, I don't know what impact it has on the real estate market?