Another report in the past two days was Tsinghua University,japan property agency saying that Beijing house prices rose by 380% in 10 years, Shanghai by 384%, and Shenzhen house prices rose by 508%. The average annual growth rate was 17.5%, 17.6% and 20.4%. Of course, this figure is very eye-catching, but it is not necessarily accurate. Take Beijing as a whole. Ten years ago, the house was basically covered on the edge of the 3 ring. Today, the house is covered by the 6th ring. So at first glance, it is ok to increase house prices by nearly 4 times,japan property agency but in fact, according to the price of the same location in the same area, 10 times or more should be there. The price has risen so fiercely that many people have been rushing around recently, trying to get a big profit in the last madness. They have the same self-confidence, and there must be a more stupid one to pick up such a high-priced house from their own hands. . I asked, where does this godlike confidence come from? People say that house prices will fall and the economy will be finished. So the country will not let house prices fall. Um… This is familiar. When the stock market was 5,000 points last year, how many people said this? This is a round of reform. If the stock market falls, the reform will not be carried out,japan property agency and then they will increase their confidence and borrow money. Enter the stock market. Finally found that fairy tales are deceptive. In fact, we will not talk about the subjective will of the country, and stand at such a high altitude to overlook the macro economy. We will certainly not pay attention to the rise and fall of house prices. Or in other words, the rise and fall of house prices has little effect on the national economy. The so-called real estate is the branch of the national economy.Where is the column mainly embodied? Not in the housing prices, but in the steel, cement, building materials and other industries. Therefore, let the house sell well, build more houses, and go to capacity and inventory. This is the issue considered by the national economy. Under the current high housing prices, it is obvious that this work has been impossible. From the starting data of real estate,japan property agency we can see that with the low housing prices in the second, third and fourth tier cities and the serious inventory, the real estate construction in the country is very bad and has been going on for a long time. Therefore,japan property agency we have seen all the products such as thermal coal, steel, cement, building materials and even home appliances all over the backlog, and the Chinese economy has also slowed down. Our economic focus has always emphasized the need to de-capacity and de-leverage, which is to clear the obstacles in economic development. In fact, we saw yesterday’s speech by Governor Zhou Xiaochuan and lowered the personal loan interest rate. This kind of personal mortgage plus leverage is good for productivity. This is indeed true. As Zhou said, personal loan business is quite safe,japan property agency because you are responsible for unlimited and joint liability for your loan. Unlike the developer at the other end, the developer borrows money from the bank as a development loan. Now the debt ratio is very high.
http://www.daikyo.com.hk/en/buy/mansion/z?featureArea=true