Since the outbreak of the epidemic in 2020, it can be said that the prices of the property market have been falling continuously, which has also caused some people who speculated and flipped houses to suffer losses. Especially in some cities around Beijing, it can be said that the drop in housing prices has made some people heartbroken. The housing prices in Xianghe around Beijing have made many property owners eager to sell. Some people even clamored that as long as the remaining loan is paid, the house will be given away for free. The house price that once cost more than 20,000 has dropped to more than 8,000 now, and a parking space is included, but no one is interested yet. Originally, the demand for housing in this area was not high, and many developers chose to build houses here for those who work and live in Beijing but do not have housing. It can be said that the current collapse of the real estate market has also sounded the alarm for those who want to make money through reselling and speculating real estate.
I personally think this situation is an exception. After all, in some small cities, house prices remain high. The phenomenon of real estate speculation and flipping is still serious. Those who really need a house are still renting a house. This time, the property market in Yanjiao, Beijing, has been cut short. It can be said that those who speculate in real estate here have suffered huge losses. As house prices continue to fall, the mortgage payments they have to pay have far exceeded the current value of the house.
Originally, it was intended to attract people from the Beijing area to buy houses here, but unexpectedly it ended up attracting a large number of urban youth. After all, the house price of 8,000 is not high for us today, and is even lower than the house prices in some areas of our country. It can be said that buying a suite around Beijing is already quite cost-effective.
Personally, if I have spare money now. I would rather buy a house nearby. In any case, he is still around Beijing and not too far from Beijing. If you have nothing to do, you can take your children around Beijing. And it will also have certain benefits for the development of children in the future. After all, housing prices below or around 10,000 are still acceptable.