1 thought on “The status and future of the real estate industry”

  1. The status quo and future of the real estate industry are as follows:
    It’s overall situation, houses are still a focus of investment in many people, and the proportion of residential land for residential land in first -tier cities is also growing slowly. The space is still relatively large, but the competition is getting more and more intense.
    mous prices in each place in the future will still show an upward trend, but due to the influence of relevant policies, competition is definitely more intense. In the future, the process of urbanization will accelerate. And small -sized houses will become the top priority. If you plan to join real estate, you still need to consider it carefully.
    The influencing factors of real estate development
    1, supply and demand relationship. When the supply is greater than demand, the price of goods will fall. When demand is greater than the supply, the price of goods will rise. This is the most basic law and demand law of microeconomics. As a commodity, real estate, in accordance with the law of the commodity economy, must be affected by supply and demand.

    2, cost factor. Real estate should be restricted by cost as a commodity. The higher the cost, the higher the price. Real estate companies want to make profits, and house prices must be higher than costs. It is not just supply and demand to push house prices. With the increase of local government debt, many local governments have to increase fiscal revenue through land sales. The increase in land prices has led to an increase in the cost of real estate, which has also pushed up house prices to a certain extent.

    3, policy factors. Government intervention plays an important role in economic development. As an important part of the commodity economy, real estate is important for the impact of government policies on real estate. Policy factors include monetary policy, fiscal policy, and various industrial development policies.

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