500 000 down payment floating loss 1 million

category:Finance
 500 000 down payment floating loss 1 million


Housing prices fall in Yanjiao

In the following years, the housing prices in Yanjiao were still depressed. In 2017, the upgrading of Langfangs purchase restriction policy was the main factor that led to the sharp drop in housing prices in Yanjiao. Some netizens have sorted out the house price changes in Yanjiao in recent 10 years. It can also be seen that after the introduction of the policy in 2017, the housing price in Yanjiao has entered a low ebb.

According to the data of shell network, the average price of second-hand houses in Yanjiao is 18000 yuan, and the average prices of second-hand houses in Dachang and Guan Yongqing are 16000 yuan, 13000 yuan and 10000 yuan, respectively. Bazhou is the lowest with a unit price of 9100 yuan.

Down payment of 500000 and floating loss of 1 million

Yanjiao market Xinghe Haoyues historical transaction also shows signs of continued decline in house prices. According to the historical transaction of shell search app Xinghe Haoyue, in the first half of 2017, the general transaction price of the property was more than 30000 yuan, and the latest transaction price was more than 20000 yuan. On March 16, 2017, the transaction price of a room and a hall in the building was 2.07 million yuan. In September this year, the transaction price of houses with the same area facing was only 1 million yuan, a decrease of more than 50%.

For the top to buy Yanjiao real estate, the loss is larger. Based on the 40% decline in house prices, assuming that an investor buys a house property (with a total price of about 1.67 million yuan) at the top of 2017 with a down payment of 30% of 500000 yuan, the current market value of the house is about 1 million yuan, and the floating loss of the book is 670000 yuan. In addition to the housing loans and taxes for more than three years, the total loss may reach about 1 million yuan.

That is to say, if investors pay a down payment of 350000 yuan to buy Yanjiao real estate at the top of the market in 2017 and hold it up to now, it will lose a million yuan.

Some agencies have changed their business to set up stalls to sell vegetables

As Langfang city of Hebei Province issued two strict purchase restriction policies in March and June 2017, non local household registration is only allowed to buy one house, and three-year social security or tax certificate is required, so the real estate market in Yanjiao is freezing rapidly.

This years situation is much better than the second half of last year. From July to December last year, the monthly turnover of Yanjiao was kept below 300 million yuan. According to a rough calculation of about 2 million yuan for a suite, there were only about 150 units sold each month last year.

The whole industry is facing the impact, some intermediary stores are closed, and even some real estate agents have changed their jobs to set up stalls to sell vegetables.

According to the report of China real estate news at the end of 2017, there is a real estate information board of Xingda real estate near the vegetable stall on the north side of tianyangcheng community. The stall owner told reporters that he was originally a real estate professional manager, but under the market control, he was not qualified to buy a house, and no one wanted to sell a house. He could only sell dishes as a part-time job to supplement the household expenses.

Now, in the real estate intermediary market of Yanjiao, the closing rate of shops is more than 50%, and the turnover rate of employees is more than 70%. It is no exaggeration to describe the current employment environment with difficulty.

Housing prices rise around Shenzhen

Senior real estate industry insiders said that the soaring house prices without industry and population support are castles in the air. In fact, the soaring housing prices around Beijing, led by Yanjiao, are all caused by the overflow of Beijings demand. The industrial structure and population resources of the surrounding Beijing area are difficult to support the high housing prices.

The National Bureau of Statistics website recently released the sales price changes of commercial residential buildings in 70 large and medium-sized cities in August 2020. According to the data, in August, Huizhous new house prices rose by 1.9% month on month, ranking the first in China, and Guangzhous second-hand house prices rose by 1.7% month on month, ranking first in China.

Second hand housing rose even more. According to the national housing price data sponsored by China Real Estate Association, the average price of second-hand housing in Dongguan reached 20184 yuan in September, up 31.43% year-on-year, ranking the first in the country; Shenzhens average price of second-hand housing reached 75588 yuan, up 16.87% year-on-year, the eighth in China; the average price of second-hand housing in Guangzhou was 38774 yuan, up 14.47% year-on-year, the 15th in China; and the average price of second-hand housing in Huizhou and Zhuhai 56% and 2. 56% respectively. In Shenzhen City, only Zhongshan house price fell, a year-on-year drop of 1.35%, but still beat the national average level. Data show that the median price rise in September was - 2.28%.

Industry and population aggregation are the core driving force of housing price rise. Beijing, Tianjin and Jidu City, represented by Beijing, is facing the pressure of economic downturn, except for Beijings unique economy. Last year, Tianjins GDP growth rate was only 4.8%, far lower than the national level. The GDP of Hebei Province has been growing below 7% for six consecutive years. In terms of population, Beijings population has been flowing out for four consecutive years, while Tianjins population has not increased for four years.

In contrast, Guangdongs GDP growth rate reached 8% in 2015, and exceeded 7.5% in 2016 and 2017. GDP growth has declined in recent two years, with growth rates of 6.8% and 6.2% respectively. The performance of Shenzhen, the leader in the first half of this year, is even more impressive, and GDP growth has returned to normal. In terms of population, Guangdong has become the most populous province in China, and its population attraction ranks first in China. In recent years, the population has continued to flow in substantially, and the population has increased by more than one million for five consecutive years. Source: Securities Times editor in charge: Wang Wenhua_ NF5982

In contrast, Guangdongs GDP growth rate reached 8% in 2015, and exceeded 7.5% in 2016 and 2017. GDP growth has declined in recent two years, with growth rates of 6.8% and 6.2% respectively. The performance of Shenzhen, the leader in the first half of this year, is even more impressive, and GDP growth has returned to normal. In terms of population, Guangdong has become the most populous province in China, and its population attraction ranks first in China. In recent years, the population has continued to flow in substantially, and the population has increased by more than one million for five consecutive years. (Chen Jiannan, databao)