Cathay Pacific released the results of the National Economic Confidence Survey for August on the 22nd. The survey on housing transactions showed that the index of willingness to sell a house rose from -17.4 to -12.6, the first rebound after falling for four consecutive months; the index of willingness to buy a house It fell slightly from -57.9 to -58, the lowest since July 2017. Real estate brokers said that people’s continued sluggish willingness to buy a house is related to “high house prices and US interest rate hikes”.
Chen Taiyuan, the full-time appointment manager of Donglong Real Estate, said that first, the economy has recovered, but the house purchase index has been lower. Profitability”, in other words, in which tool you invest your money to make the most profit, and the money will flow in that direction. However, from the perspective of the central bank of Taiwan raising interest rates and increasing the burden on mortgage families, it is obvious that real estate is no longer the best investment commodity at present.
In addition, Chen Taiyuan believes that for the seller, the current housing market is at a high point, the end of the upswing, or even the starting point of a downward turn. The market is cooling down, the transaction volume is extremely frozen, and a wave of selling has emerged one after another. In the next two years Seeing the wave of house handovers being completed one after another will also lead to an imbalance between supply and demand, and more porridge and less monks. Therefore, while there is still a little “energy and remaining temperature” in the housing market, getting out of the car early to find someone to pick up the knife is the best way to avoid the loss of the sale. Best policy.
For the buyer, there are two factors. First, the house is good if you can live in it. It is not necessary to buy it. You can rent it; The low-end stock market, even investing in US dollars, earning foreign exchange differences, enjoying interest rate hikes, and conservatively using Taiwan dollar time deposits are much lower than the risk of losing money in real estate investment.
He further analyzed that the recovery of the public’s willingness to spend on large-scale consumption is actually linked to the “slowing down of the epidemic”; in other words, large-scale consumption items that have been suppressed due to the epidemic in the past are the main beneficiaries, such as top-level tourism, tourists Relief and leisure activities such as institutionalized tourism and high-end gourmet food are the outlet for “retaliatory consumption”.