laitimes

The Lunar New Year has passed, the property market continues to be in torment, in fact, the essence of human economic activities is a consensus issue. For example, gold, why gold in ancient times can be used as a cross-civilization

author:Across the sea at the studio

The Lunar New Year has passed, the property market continues to be in torment, in fact, the essence of human economic activities is a consensus issue. For example, gold, why gold in ancient times can be used as a cross-civilization currency, because various civilizations recognize the value of gold, this is a consensus. There is also a consensus problem with the value of other commodities, including the property market.

In the past ten years, the property market has risen sharply, and everyone has a consensus on the rise of the property market, and the basic logic is the population migration brought about by growing population and urbanization, which is a very strong logic. So now? Will the population continue to grow? How many young people in rural areas can still be urbanized? So, when the underlying logic no longer holds, consensus is gone. If the property market does not rise in consensus, then it will lose its investment financial attributes, and then become oversupply, then the consensus at this time is a downward consensus. Eventually there will be a long-term downward spiral!

The change of consensus will inevitably bring about a turning point in the property market cycle, and the number of people is difficult to grow significantly, and may even soon have negative growth, and there are not many young people in rural areas, urbanization is basically over, and there will be nothing more than population flow between cities, from small and medium-sized cities to first- and second-tier cities, the flow of stock.

What will happen to the property market in the future? The third and fourth lines and the eighteenth line will gradually become hegang, the first and second lines will fall moderately, and there will still be a cyclical fluctuation, but only the first-line and strong second-line property markets can be maintained in a certain range after falling, why? Because they have a high income there.

Read on