What is the essence of the house?
In fact, it is a disguised privilege, people who own houses in the core city, in addition to wage income, there is also an asset appreciation income, so the problem comes, this privilege will always be in the hands of a few people, because if most people can afford to buy a house in a big city, there will not be so many people willing to work overtime, struggle, and start a business.
Wealth is a string of numbers, itself is not valuable, but if you can use the wealth, enhance everyone's enthusiasm for making money, improve social productivity, then the economy will develop in an orderly manner, if everyone lies flat, sorry, the economy will stagnate. So, why do some cities limit purchases? Some cities will raise the threshold for settlement, some cities rents have been rising, the truth of this social wealth distribution is that more than 80% of people make money on their own, 20 people rely on enterprises and assets to make money. If 80% of people come to start a business and invest, then the social structure of this industry will be finished.
Productivity is always the bottom and middle, but the surplus wealth generated by this will eventually flow to the asset layer. When you are still hesitating whether to stay in the big city, whether to buy a house in the big city, you can ask yourself whether you want to be at the bottom and middle level in the future, or whether you want to go to the asset layer.
The so-called effort is that as soon as you are born, you land on the bottom and middle level, and then rely on yourself bit by bit to climb to the asset layer. Part-time work all your life, are hovering at the bottom, entrepreneurial success, you may move from the bottom to the middle or high level, but if you fail, aren't you still at the bottom? So, what are you afraid of? Afraid you're not poor enough?
So why is the house everyone's favorite asset? In fact, in addition to financial attributes, the house also has residential attributes, circulation attributes, as well as educational attributes and identity attributes. Do you think about it, in addition to the house, what kind of asset can have these advantages at the same time? It is impossible to find it again. Understand this, and you will understand why the house in your hometown is not worth anything.