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The Roller Coaster of China's Property Market

时间:2024-03-10|浏览:254

欧易

欧易(OKX)

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币安

币安(Binance)

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RMB assets have plummeted, while U.S. dollar assets have skyrocketed.

There is actually only one RMB asset, houses in big cities.

After 2000, the property market experienced four declines.

Around 2000, Shanghai offered household registration as a gift for buying a house. Foreigners who bought a house in Shanghai were given a Shanghai household registration directly. Those who bought houses at that time made a lot of money.

During the economic crisis in 2008, housing prices fell. After a series of measures, housing prices soared in 2009 and 2010.

Inventory was removed in 2014, and housing prices soared in 2015 and 2016.

After 17 years of regulation, house prices fell, but no measures were taken. By 2020, house prices rose.

House prices have fallen after 21 years, and a series of measures have been used, but so far they have no effect.

Wait and see, I don’t know how long it will take to reach the bottom, but if you buy the right thing, it will take a long time to reach the bottom.

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