Two days ago, our has made it clear that real estate is a pillar industry! Although the facts have always been, the senior management has never mentioned this since 2008. You should know that the financial crisis occurred in 2008. After the financial crisis, we did not define real estate as a pillar industry. This is an epic benefit for real estate.
Look at real estate, it is expected that such a terrible market this year, with 12 trillion yuan in sales, accounting for about 10% of GDP. No industry's contribution to the economy can be compared with real estate.
But it is still the same old saying, the long-term downward trend of real estate is inevitable,
This is determined by the population ceiling, debt ceiling, and urbanization ceiling.
All real estate stimulus measures can only hedge against the speed of 's decline.
Look at this year, the growth rate of M2 hit a six-and-a-half-year high, and the decline in real estate sales and investment is still expanding.
Real Estate's only bottom that can be confirmed is that the bottom of financing has arrived. After all, bond , loans and equity financing have basically been liberalized.
At present, real estate sales and investment have not bottomed out, and even the land auction market is very deserted. Either the transaction is at the lowest price or fails to sell .
So, the future road of real estate is still very difficult.
