From this logic and perspective, it may be that the real estate industry has been in a "dark moment".
Moreover, the real estate industry is not a single industry problem.
Upstream can be related to bank loans to various raw materials; Downstream to decoration and property. , may span many fields.
According to previous estimates:
Real estate-related investment accounts for about 30% of the total GDP.
If this is considered, this field will drop by 8%, which means that the role of the real estate industry as a whole for the whole China economy is no longer the original "pillar" and "promotion", on the contrary, it may have the effect of "dragging its feet"
From this perspective, the investment of 8% has shrunk this year, which may require more attention.
Of course, it is more important to continue to explore or bottom out.
For ordinary investors like us, we may pay more attention to the trend of housing prices.
And this information is closely related to the future economy.
We need to observe this market continuously and carefully and grasp the context of the market.
The decline in investment in real estate development also shows that the market demand has decreased and the public's willingness to buy houses has gradually changed. However, it is not a good thing for the stable development of national real estate. In addition, this will also bring some pressure to economic growth.