Fortune Telling Collection - Ziwei fortune-telling - Will Shenzhen housing prices rise or fall?
Will Shenzhen housing prices rise or fall?
In fact, the rise in housing prices and the local economic level show a linear growth trend. Because people with good economic development have high wages and improved living standards, house prices naturally rise. So why are housing prices in first-and second-tier cities such as Shenzhen still rising, while housing prices in third-and fourth-tier cities are falling?
In other words, if you are optimistic about Shenzhen's economy. Then you can buy a house. If it is only a short-term investment, I suggest you reconsider.
Because the growth of housing prices is phased, that is to say, it will grow rapidly for a period of time, then tend to be stable, and even have a certain decline, but the economy will eventually develop. So it will develop again in the end. This is similar to stock trading.
Throughout all Buffett's investments, they are long-term investments, and what he sees is the world after ten or twenty years. Of course, this requires strong economic support.
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