Recently, a member of the internet told me about his home-buying experience. After travelling to beijing more than 10 years ago to earn a living with a teacher from his hometown, he learned to repair photocopy machines, printers, etc., and then left the teacher to become an individual. Because of his hard work, his maintenance skills were very good and his clients liked him。
Although cho had survived beijing on a technology, he had always felt that he should buy a house, which would make it a home. However, the cost of housing in beijing amounts to $0. 70 million/m2 and this is certainly unaffordable for an individual like xiaochou. According to the same village, housing prices in cities near beijing are low and can be purchased at hand。
Thus, in 2016, a house was bought at a factory less than 50 kilometres from beijing, at a cost of $20,000 per square metre per unit, and a 110-square-square-square-square-square-storey house was finally built into a housing dream. Less than a few months later, cho found that he had bought the building and had risen to 39,000 yuan/m2。
However, cho was not happy for long, and his hard-won large factory house fell in 2018, leaving only $18,000 per square metre in the first half of 2021, and now the price has fallen to $14,000 per square metre. In the case of small-week houses at a unit cost of $20,000 per square metre, the sum of 6,000 per square metre was lost. As a result, cho posted on the internet the decline in his house price, crying that he had lost his savings for years. In response, other netizens stated that this was the result of house shopping with the wind and was not worthy of sympathy。
In fact, the fall in housing prices in the city is not surprising. First, the increase in housing prices in the previously large factories, tungzhou, and yan suburbs, mainly in beijing, and the fact that some workers have chosen to buy houses in the city, together with the entry of firehouses, will rapidly increase local prices within a few years. However, because of their relatively single industrial structure and high population outflows, it is highly likely that housing prices will rise and fall back where they are once there is a wind and wind。
Second, real estate regulation in the circum-king region is being implemented in a more stringent manner, which has put an end to the demand for firehouses. The data show that, after 2017, the cities of the circum-king region have introduced stringent real estate regulation policies that require non-local homeowners to submit a three-year social security or tax certificate, thereby limiting the possibility of out-of-town firemen entering the city. Over time, housing prices in the zhongjing region had to fall sharply。
Thirdly, the facilities in the cities of the circumpolar region are also inadequate, and many residents choose to leave. Some people work in beijing and sleep at night in surrounding cities, and it turns out that, at peak hours, people drive towards beijing, and traffic congestion occurs for long periods. At the peak of return from work, there was also severe traffic congestion. In a situation where traffic is blocked, many people choose to leave the city of the ring, and the local price bubble will break soon。
In 2016, the value of houses in the circum-king city went too high, so the northern drifters followed the wind to buy houses in the nearby city of beijing. It was not long before the circum-king market prices fell rapidly, from $39,000 per square metre to $14,000. Indeed, the collapse of housing prices in the circum-king region, such as large factories, was due mainly to the lack of employment opportunities owing to the single industrial structure of the circum-king city, which led to the exodus of a large number of people。
At the same time, the city was affected by real estate regulation and the demand for outside firehouses was curtailed. More crucial is the fact that small and medium-sized cities in the ring are not well equipped and often encounter traffic congestion, and that house buyers are not easily able to travel. These are the main reasons for the fall in housing prices in small and medium-sized cities in qingking。
