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Under the influence of the epidemic, real estate went bankrupt one after another. What impact will this have on China's economy?
The best performance of China's economy is a slowdown, and the worst result is a retrogression.

First, real estate stimulates economic growth and improves asset valuation.

One of the driving forces of China's economic development is real estate, which has quick results and high profits. In the early stage of economic development, China invested a lot of money in this industry every year. On the one hand, real estate construction can create many jobs and jobs, so that many construction workers with low education but strength can get higher returns; On the other hand, accelerating the urbanization process of the country, that is, the construction of urban housing will attract rural residents to buy houses and settle down, which can better concentrate on the development of public facilities such as urban medical care and labor to develop more production. Of course, this is only a small part of the benefits brought by the increase in real estate output, but if its prosperity is no longer, these benefits will become the object of self-criticism. Tokyo, Japan once faced a cliff-like decline in house prices, which caused a tragic situation that was rare.

Under the overall planning, China may make a soft landing for most real estate, of course, at the cost of economic retrogression.

Second, the biggest damage to the decline of the real estate industry is those real estate speculators.

If you really understand the real estate industry, you can understand that this is a typical case of bloodsucking and empty-handed wolves. According to expert statistics, the number of houses in China can fully accommodate every China? Home? . But so far, many people can't afford a house. A big factor is real estate speculators. For them, the house is not a place to live, but a blood-sucking commodity. With the accumulated price difference, the second-hand house will be sold for profit. These talents really upset the real estate price. Once house prices fall, they will lose more than they gain, and they will definitely sell many houses in order to return to their original capital.

The market is always in the cycle of supply and demand. The selling of real estate speculators will increase the consumption power of housing demanders, and the so-called real estate economic rebound is likely to occur. China's economy is still growing, but the growth rate is slow. After all, China's market is too big, and its laws are even more elusive.