Home prices should continue to fall.


Housing price = 30 years of rent—once this equation is met, the housing price is done falling for good, and it reaches a true bottom.
For our city’s 8,000 yuan per square meter home: 100 square meters, monthly rent 1,200 yuan, annual rent 14.4k yuan.
Its reasonable price is 432k yuan, and any amount above that is just a bubble.
So, apart from genuine need, there’s no need to buy or sell.
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