The domestic birth rate will see negative growth for the first time in 2022. If the current birth rate continues to maintain the status quo, domestic housing prices will definitely drop 10 times in less than ten years. This is not a rumor, but is based on facts. Wait for the next explanation! What does it mean if house prices drop 10 times? If the price of a building worth 1 million drops by 10 times, you can buy a building that costs 1 million now for 100,000. Are you surprised? It’s not surprising at all. History will always tell us the answer. After all, history is a reference. Without history as a basis, any prediction is nonsense!
Japan, the world's second largest economy after the United States, suffered a Great Depression and a financial crisis , with house prices plummeting 10 times! At the peak of Japan's economy, the total value of a Tokyo real estate was enough to buy the entire United States. Japan's national economic capacity was overheated, which is strikingly similar to that of our country today. The assessment of its own value has been seriously inflated, and you don't even need to give change for anything you buy!
How crazy the overheating period was, and how tragic the crash was. After the financial crisis hit, Japan's property market was aborted, and housing prices dropped 10 times. Real estate speculators who once relied on building houses to make a lot of money went bankrupt in a few months. , living on the streets and heavily in debt. What is desperate is that the decline in housing prices has not been effectively controlled in the short term, so that housing prices have continued to decline for more than ten years. Adding insult to injury is a fatal trauma. However, there is no shock wave for those who only have one building, so the premature death of the building is only a fatal blow to real estate speculators! Real estate speculators usually only have a devastating blow to so-called capitalists, entrepreneurs, and even some staff!
According to data released by the Japan Real Estate Research Institute’s 2008 report, the property values in Japan’s six major cities shrank from the highest point in 1989 to one-tenth of the highest point in 2003, which means that housing prices fell 10 times. If we refer to our country, then once In 10 years, the house price of 100 will fall to 100,000 today, which can be purchased in full. Looking at the problem from a historical perspective, this level of decline has a historical basis. From Japan's peak period to the rapid onset of the financial crisis, the main fundamental reason is the Plaza Agreement signed by Japan. I will not explain too much about what the Plaza Agreement is!
So our country has not signed the Plaza Accord, does it mean that it can avoid the collapse of the property market? The answer is impossible. The Plaza Accord has the same effect as the current decline in the birth rate of newborns in my country. If the birth rate of newborns in our country continues to be sluggish, premature deaths in buildings will definitely occur at the speed of light, and it may not even take 10 years. Whether it is real estate market regulation or policy optimization to support birth rates, medical expenses will not Use education costs and building prices to solve the problem. I believe that 100,000 can buy the real estate that costs 1 million to buy now. It will definitely happen, and it won’t be long. At this time, we must learn how to manage money. Only by having savings can we meet the opportunities that arise in the future. After all, there is only one opportunity!
