The Sino-US trade war has suddenly turned to the wind

The Sino-US trade war has suddenly turned to the wind. Hong Kong stocks have plunged in the past few days, posing a certain psychological impact on home buyers. The short-term property price may slow down. However, those who have bought a flat should not be obliged to wait for the price of the property to fall back and then stick to the market.

More expenses for buying a flat

The sale and purchase of second-hand buildings involves a lot of miscellaneous expenses. The cost of the flat price after the booking is quite high. Take Fanling Bihu Garden buyers as an example. At the beginning of this month, we purchased a practical 489 sq. ft. 3 bedroom unit for 6 million yuan. Due to the impact of the Sino-US trade war, we chose to leave the market and give up 100,000 deposits and compensation. Commission, estimated to need to lose about 220,000 yuan. For the property price of 6 million yuan, the amount of the book is about 3% of the property price, that is, the property price falls to 578 million yuan or less before entering the market.

Looking up the second-hand transaction record of Bihu Garden, there were 8 three-bedroom units in the past year, only one unit cost less than 5.78 million yuan, dating back to the quiet period of the property market in January this year, the overall average price of about 5.93 million Yuan, reflecting the chance that the three-bedroom unit will fall below 5.8 million yuan.

Trade talks, repeat the risk assessment

In fact, in the same district index housing estate Fanling Center, the Dawning Room, etc., the cost of the two-bedroom unit is almost 6 million yuan, unless the Sino-US trade warfare prices fall sharply, otherwise the prospective buyers should buy 2 units in 2 housing prices. The opportunity is very embarrassing.

Sino-US trade frictions are difficult to resolve at one time and five times, and the atmosphere of negotiations often repeats. Home buyers must make adequate risk assessment before entering the market, and it is not appropriate to influence the placement of home buyers because of sudden changes in trade negotiations.