If we take the perspective of 2020 as the starting point, my view is that in the past 10 years, the houses with 1 million yuan will certainly be more valuable. However, with the saturation of domestic real estate, it is speculated that the savings of 1 million yuan will be more valuable in the next 10 years, and the houses with 1 million yuan will not be so valuable. First of all, share my own house. I have a house in my hometown, coordinates Shaoguan, Guangdong Province, the fourth tier city, with a building area of 126 square meters, three bedrooms, two living rooms, and two bathrooms. The market price is about 1 million yuan. At present, it is a mental state. The monthly rent is 1800 yuan. I don’t care about anything else. I collect 1800 yuan of rent per month. According to this rent, the total annual rent is only 21600 yuan.
If the market value of this house is 1 million yuan, the annual rate of return after renting is 2.16%. It will take 47 years to recover the cost by renting this house. Obviously, the return rate of such a house is too low. Taking my personal house as an example, the current one million houses are only in the fourth tier cities, and the average prices in the first and second-tier cities are more than tens of thousands of yuan, and a single suite is worth tens of millions, millions of market value. Therefore, it can be calculated according to this. If the coordinates of the current 1 million houses are in the fourth tier cities, it is impossible to rent at a high price because of the small floating population in the fourth tier cities. The normal monthly rent is between 1500 yuan and 2500 yuan. If you want to rent too high a price, no one is willing to rent. This is the rental situation of fourth-tier houses.
Excluding the situation of renting, take the price of the house. The house in my hometown has fallen back to the house price in 2016. The average price is about 6500 yuan at present. The house price is 1500-2000 yuan per square meter cheaper than in previous years. Many residential areas originally sold about 11000 yuan. At present, the house price is between 7200 yuan and 8000 yuan. The price drop is very obvious. Then, after further analysis, a million houses can only be bought in the fourth tier cities. Even if one million houses can be bought in the third-tier cities, I believe this housing source will not be very good, and I will be familiar with the places to avoid. The housing supply is not good, and it is reported that the house price rises. This possibility is very low, and the house price will be stable in the future. It is more difficult to get reports by renting. The rental rate of dodging houses is too low. Many people control it, and even it is difficult to rent. This is the real phenomenon of real estate in China.
Secondly, we will analyze the situation of 1 million deposits in the future. Since 2015, the deposit interest rates of major domestic banks have been quite problematic and have not been adjusted. According to the current deposit interest rates of major banks in 2020, it is better to choose smart deposits or large deposits with a five-year term of 1 million. Take the current five-year smart deposit of a bank as an example. The annual interest rate of the five-year smart deposit currently being processed externally is 4.80%. If it is 1 million yuan, there will be 48000 yuan of interest every year, which is not low. Finally, taking my personal house as an example, this paper indirectly reflects the real estate situation in China. At present, with a house of 1 million yuan, the annual return rate is only 2.16%, while the annual interest rate of a bank deposit is 4.80%, which is completely higher than that of a bank deposit.