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Hefei property market has cooled sharply. Do you think there is still room for rising house prices?
Before the housing price in Hefei rose in 2020, 20 18 and 20 19 had fallen for two consecutive years, especially 20 19. A large number of new houses in Hefei could not be sold, and even some new houses in Hefei could not be sold even at the floor price, but they still could not be sold.

The largest number of second-hand houses sold in Hefei is 743 17 on February 4, 2020, and the least is 66,003 on February 6, 2026, with a difference of nearly 8,000 sets between the highest point and the lowest point.

China housing prices still have a lot of room to rise. The reason is actually quite clear. Of course, the most important point is that China is still in the development stage, and the real estate market is not mature, so there is still a lot of room for development in the future.

China is still a developing country, which is far from the developed countries. At present, the per capita income of China is only 50,000 RMB, while that of developed countries is 50,000 USD. When China becomes a developed country, its per capita income will reach $50,000. Think for yourself. A family of three has an annual income of 600,000 RMB. If everyone has money, can house prices not go up? The income is expected to increase by 6 times, and the house price will increase by at least 5~ 10 times. But patience is needed, the increase is certain, and the increase can be observed again!

It depends on the actual situation in different places. There is not much room for growth in first-and second-tier cities. The main reason is that the growth rate in previous years was too fast and too high, which completely exceeded the purchasing power of most ordinary people. In particular, North, Shanghai and Guangzhou have completely become a paradise for the rich or a paradise for real estate speculators, and their price value does not meet the normal development needs. Therefore, the state has introduced corresponding policy regulation. In the next three to five years or longer, the first-and second-line policy regulation will not be relaxed, and even if it is increased, it should be within ten years.

Third, fourth and fifth tier cities have seen great growth in the past two years. Some places have increased by nearly 10,000 or a little more than 10,000. For example, in these places, it should not exceed 8% in three to five years. In some places, the current price is 3 to 5 100. For example, in these places, the increase may reach 30 to 100% in three to five years. When many people mourn for small cities, they ignore a basic problem: China has a population of more than one billion, and megacities have absorbed a relatively large population, but small cities and cities have a large population.

At present, the house prices in the market are in a downward trend, but this does not mean that there is no room for rising house prices in China, because the current decline is only a correction to high house prices. After the house price returns to a relatively reasonable level, it will gradually stabilize, and then with the increase of residents' income, it will slowly rise, so from this perspective, there is still a lot of room for housing price increase in China.