Will the persistent smog weather in Beijing affect housing prices?

The continuous smog weather in Beijing will not affect housing prices at present, and housing prices in Beijing are still rising. Let's analyze what caused the surge in trading volume. One of the reasons is that the long-suppressed rigid demand is released at one time under the preferential policy of buying houses, but it is by no means the only reason. Judging from the situation of major cities in the country, under the so-called "inflation expectation" that has not yet seen the shadow, the rich expect to preserve and increase the value of assets and join the ranks of speculative real estate speculation. Some state-owned enterprises and listed companies also put funds into the housing market, which is the main factor for the continuous growth of transaction volume. In a word: China's speculative real estate investment makes the price more standardized and higher. Although the smog is serious, the number of people working and living in Beijing has not decreased too much. Many people plan to come to Beijing or continue to live in Beijing. Houses in Beijing are in short supply, and house prices will not change much because of smog!

Moreover, smog will only cause chronic diseases, and the immediate effect is not obvious, so most people will not take it seriously.