Finally, someone asked this question: Why is 200-300 times the monthly rent a reasonable price range?

1. The home buying and selling and leasing markets in developed countries such as Europe and the United States are the result of long-term competition;

2. Based on 300 months, the return on investment is 25 years; in our country, it is more than 700 times, and the return on investment is almost 60 years. Do you think this return on investment is reliable?

3. Taking into account the cost of mortgage, decoration, furniture and appliances, if you buy a house and rent it out exclusively, you will not be able to get your money back within the 70-year ownership period. Do you think this return on investment is reliable?

4. Considering that there are property taxes abroad and the holding costs are higher than our houses, our domestic rent-to-sale ratio should not be 300 per month, it should be lower, so the housing price bubble will be even bigger.

5. Don’t say that half of the cost of our houses is land price. When building houses abroad, developers don’t need to spend money to buy land? In addition, if house prices fall, low prices will also fall.

It can be concluded that the domestic housing price bubble is huge and there is still room for a sharp decline. #slerf #ETHFI #BOME #xrp #sol