Foreigners look at the China property market: Why buy a house when you have done everything?

Age: 34 years old

Experience: buying a house is nothing more than meeting various practical needs.

In recent years, housing prices in China have been rising. The house I bought at 20 1 1 has risen from 1 10,000 to nearly 3 million this year. Before returning to China, I knew a little about the domestic property market. After I came back, I felt even more incredible. When I got off the plane, I obviously felt the air sucked into my nose and wanted to sneeze all the time. There was no smog in the blue sky and white clouds that day. I caught a cold less than a week after I came back. Went to the hospital and said it was rhinitis+pharyngitis. Well, it's so capricious ... These two days, the circle of friends was screened by a photographer's photo, and the huge chimney emitted thick smoke, which reminded me of what I saw and heard when I drove to Zhangjiakou Ski Resort in Hebei some time ago. The situation in Beijing is that the wind comes as soon as it leaves, and the air condition has caused harm to health. In this way, some people are willing to buy a house and settle down here, and pour their wealth for generations, just to make up the down payment for buying a house, and queue up at the property in the middle of the night, just to buy a house.

In the traditional concept of China, it seems that only buying a house can be regarded as having a home. Erich Fromm, an American psychologist, divides people's attitudes towards life into two categories: possession and existence. In the crowd, people who take possession as their attitude towards life process account for the majority. In the ever-changing history of China, many people have enough to eat and wear warm clothes. Naturally, in the subconscious of the public, the fear of resource shortage has gradually formed, and this fear has formed a desire to possess foreign material resources. In developed countries, this psychological demand is relatively weak. I talked with several foreign friends about buying a house. Different countries have different views on buying a house under the cultural background.

American Tom: I prefer to buy a house in a small town around a big city.

Tom's hometown is a small city on the coast of America, and his family runs their own dessert shop. Because of the developed tourism there, the business of dessert shops is not bad. Once, a tourist from China visited his shop. During the conversation, Tom became interested in China, a country full of mysterious charm, so he went to China alone two months later and stayed for two years, during which he got a deeper understanding of China. Compared with big cities like Beijing and Shanghai, Tom prefers cities with beautiful natural scenery like Qinghai and Guilin. When I asked him where he wanted to go if he could settle in China, he did not hesitate to answer Yunnan. "The air there is good and there are few people, which is the most suitable for living."

In Tom's opinion, Beijing and Shanghai are both good, but there are too many people and the air is not good. Living in crowded places will make pollution more serious. His hometown is a small city with few people and good air. "If I live in a big city, it will be as uncomfortable as locking me in a birdcage." Tom said that when I asked him what he thought about the problem of China people buying houses, he thought for a few seconds and said, "I don't understand why China people like buying houses in big cities so much, and I heard that many young people bought houses in their twenties, but basically they relied on their parents to make a down payment." In Tom's opinion, he would rather buy a house around a big city than squeeze his head into it.

Tom's words reminded me that the housing prices in the central areas of metropolises all over the world are very expensive. It makes sense to take the housing prices in Manhattan, new york and the inner cities of Beijing as examples. However, new york is not far from Lincoln Tunnel, but it is New Jersey, and the house prices are almost the same. Commuting time from new york to the surrounding New Jersey town is not short, but the house price is cheap. It takes 1.5 hours for the bus to travel from Houshayu to the central city of Beijing. The floor price of the land auctioned this year is as high as.

Forty-six thousand yuan. Some media have used a headline, "Beijing housing price: a daunting heartache". This heartache is more from young people. They can't afford to buy a house in a big city and can't even get in the doors of surrounding small towns. This is particularly obvious this year. House prices in Tongzhou-Yanjiao region rose the fastest, from less than 1000 yuan/square meter to nearly 30,000 yuan/square meter in recent two years. According to media reports, during the National Day this year, the opening price of a real estate in Yanjiao was as high as 40,000 yuan/square meter, catching up with Beijing. I have to say that the difference between the national conditions in the United States and the property market in China is doomed to Tom's further and further choice, but what is more pitiful is the young people in China who have worked hard in Beijing for many years but still can't afford to buy a house.

Beautiful Koreans: Koreans don't like buying houses so much anymore.

Xiumei's home is in Daegu, Gyeongsangbuk-do, South Korea. She studied in China as an exchange student for one year in college, during which she traveled to many cities and came to the United States to study after graduation. When I saw her last year, I was preparing to marry my Korean boyfriend in America. The man's family is a rich second generation and bought them a villa as a wedding room in the United States. His family also owns several properties in Korea. When it comes to getting married and buying a house, Xiumei said with a smile: "A man can forgive any shortcomings if he has a house." This is the most popular sentence for Korean girls when choosing a marriage partner. A 100 square meter apartment in downtown Seoul costs about RMB 3 million, while the monthly salary of local university graduates is about RMB 8,000-1.2 million. In addition, many young people find it difficult to buy a house because of the economic downturn, and girls are of course willing to find a man with a house. It seems that the situation in South Korea is somewhat similar to that in China, but the difference is that Xiumei told me that many Koreans plan to buy houses after the age of 35 and choose to rent houses in the early stage. In Korea, 60%~70% people rent a house to get married. High housing prices are one of the reasons, and the other is the preferential rental policy implemented in South Korea, which does not require rent. Is there such a good thing?

There are two kinds of renting houses in Korea, one is monthly rent and the other is full rent. It is easy to understand that monthly rent means paying rent on a monthly basis, especially full rent. The biggest feature of this method is that you don't have to pay rent, but you need to give the landlord a large deposit, which can generally reach 30%-50% of the house price. For example, the market price of a house is 3 million yuan, so the full deposit should be at least 6,543,800 yuan. The landlord earns a one-time deposit and uses the deposit for other investments instead of earning rent. Generally, this kind of full rental usually takes several years to rent, and some can reach 10 years or more. If the tenant wants to get his deposit back, the landlord needs to find the next tenant, get the deposit from the next tenant and return it to the previous tenant. Xiumei stressed that full rent is not a fixed price, and it will fluctuate with the change of house price.

The deposit amount of full rent is not much lower than the amount of buying a house. Why are so many people willing to rent a house? Xiumei gently helped the hair in her ear and said something real: "House prices in many cities in Korea have fallen again, and it is also a loss to buy them. Moreover, there is no need to borrow money to be house slaves and reduce their quality of life. " Indeed, South Korea's social security system is still not perfect. In addition to national insurance, many people have joined various insurances. Relatively speaking, Koreans' fear of not having a house seems to be less intense than before. As Xiumei said, many people prefer to enjoy life with the money from buying a house. For China people, the whole family is counting on you. How dare you enjoy life? Forget it.

Japanese Yamamoto: Buying a house with a fake divorce is unthinkable in Japan.

Next, Yamamoto, whose hometown is Osaka, is my colleague who works in the United States. When talking about cultural differences between the two countries, I talked about buying a house. Compared with young people in China who have mortgages in their twenties, Japanese young people are not in a hurry to buy a house. "When people are young, there are all kinds of possibilities. They may change jobs or be sent to work in other cities. It is more convenient to rent a house. " Yamamoto said that apart from big cities like Tokyo and Osaka, rents in some places are not much more expensive than those in Beijing and Shanghai. Some enterprises will provide public houses for their employees, and the rent is cheaper than the normal price. More importantly, Japanese laws can fully protect the interests of renters, and there will be no black intermediaries and black landlords. Japanese schools are not restricted by household registration and can go to school wherever they move. After listening to Yamamoto's introduction, I smiled helplessly. What kind of black intermediary, black landlord, no hukou, no room to go to school ... these seem to be the reasons why people buy houses in China.

(The above answers were published on 20 16- 12-24. Please refer to the actual situation for the current purchase policy. )

For more real estate information, policy interpretation and expert interpretation, click to view.