If the price increase of any commodity in the past 20 years is the most unacceptable to the public, many people will think it is a house. Ordinary people want to buy a house. Not many people can do it by their own ability alone. They often need the support of the previous generation to afford the down payment, and they have to carry decades of the mortgage on their backs, which has a serious impact. The quality of life of many people, so many people hope that housing prices can fall, and the state has also adjusted housing prices since 2016. This has made many people see the hope of housing prices and believe that housing prices will come down sooner or later.
But real estate speculators don’t think so. They think that the raw materials and labor costs for building houses are rising year by year, and housing prices will only rise even higher in the future. You can look at the price of a ton of sand and cement 10 years ago. Look up the price of one ton of cement and sand to know how much it has gone up. In addition, the labor cost is also more expensive year by year. In the past, a mason’s daily wage was only about 200 yuan, but now ordinary masons It costs four to five hundred a day. If there is a rush to work, it is normal to have thousands a day. Therefore, in the eyes of real estate speculators and some people, housing prices will only rise higher and higher, and it is impossible to fall.
In theory, there is no problem, but we must know that the factors that affect housing prices are not only the cost of construction and installation, but also land prices, developer profits, and marketing costs. Construction and installation costs do not account for a high proportion of housing prices, only 20%-30% The biggest factor affecting house prices island prices. According to the Chinese Academy of Social Sciences’ “Real Estate Blue Book”, land prices account for up to 68% of house prices, which may be higher in individual areas and plots. For example, the land price of individual plots in Xiamen is lower in housing prices. The medium proportion accounts for about 75%. In this case, as long as the land price is reduced by half, then the housing price will definitely fall, and the cost of construction and installation will not have much impact on it Spark Global Limited.
At present, the cost of construction and installation is generally around 2,000-3,000 yuan per level, even if the increase is not too exaggerated, if the land price is not included, the construction and installation cost of several thousand yuan is still acceptable to many buyers. Therefore, even if the cost of raw materials and labor rises year by year, it is understandable that some people think that housing prices will fall. So why do these people think that house prices will fall? Some people think that there are several factors for housing prices. First of all, China’s current houses are already enough for 3 billion people to live in, while developers are still building houses. Obviously, there is already an oversupply. The current reason why housing prices have not fallen is mainly due to a lot of speculation. Tenants or investors are unwilling to sell the house in their hands. This is why our house vacancy rate will be so high. In the future, if the country fully levies property tax and vacancy tax, these people will have extra hands. If the real estate is sold out, then in the case of oversupply, house prices will naturally come down.