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The homeless have completely won this time and lying down has defeated those who have houses.
These years, the ones who have been bearish on housing prices have indeed emerged victorious.
1. Reduce housing prices. The overall average decline in housing prices is 30%, with a reduction of 300,000 yuan for a 1 million yuan property. Based on a 30% down payment, the entire down payment has been reduced. With a housing price of 3 million yuan, you can earn 900,000 yuan in 5 years, making nearly 200,000 yuan profit each year.
2. Lowering interest rates. Now that the lower limit on mortgage interest rates has been abolished, some places have introduced a reduction in the public housing fund interest rate to 2.85% for 5 years. It won't be long before commercial loan interest rates follow suit. This is a real money loss. It's another way to win without doing anything!
3. Reduce the down payment. The down payment ratio is 15%, which allows more people to qualify for home purchases. Previously, with a down payment of 20% or 30%, you may not have had enough money. Now you can get on board. Easy win!
In light of the above, those who do not own a house, and those who have been bearish on the housing market for 5 years, have finally won this time. Low down payment, low prices, and low interest rates have won now!
The country has given everyone another chance to buy a house. Have you bought one? Will you buy this time?