Shoots, the real estate market downturn in the case of a new term, refers to the lower than the market price, cost-effective house, in the rental shoots means rental spend a small amount of money to get a greater interest in a good building. This term is generally used more in the second-hand housing transactions, specifically referring to the owner's voluntary price reduction in the sale of housing.

There are several ways to describe the origin of the term "bamboo shoots," the most graphic of which is that the price of the house is like bamboo shoots, which are buried in the earth for a long time but once they come out of the ground, they grow wildly in a short period of time. This is because the bamboo has rooted itself very, very y in the time it has not broken out of the ground.

This analogy is very graphic and has led many people to have a misunderstanding of shoots, believing that a house whose price is lower than the neighboring price for a long period of time is a shoot, just like a bamboo shoot buried in the soil for a long period of time.

In fact, many people will realize that they are not buying a "bamboo shoot", but a "potato", buried in the soil is destiny.

Shoots are low-priced, but low prices are not necessarily shoots, and only when there is an unusual low price, there is a high probability that it is a shoot. The point is not the low price, but the unreasonable.

So we must combine many factors such as city characteristics, property attributes, local market preferences, etc., to determine the price and prospects of a particular regional house in line with common sense, so as to identify the shoots.

Shootout is definitely real, there are three main reasons:

The first is that the market information is always asymmetric, some home sellers are not sensitive to the market situation, then he set the price will deviate from the market value, there are set too high, naturally, there will be set too low.

Secondly, the seller needs to give up the price in exchange for time, such as selling the house for medical treatment, selling the house to pay off the debt, selling the house to buy another suite and so on.

The third is the small probability of events such as court auctions and investor sell-offs. The court's judicial auction house starting price is not high, once the competitors are less, the price is also low; investors may hold many years, the price of the house has long been doubled, then for him to lower the price a little bit, early to get rid of, and then go to the next round of investment, it will be more cost-effective.