Zinchou, China – June 16, 2025 – Citizens review the Department of Commercial Housing in Skills, in the Department of Commercial Housing in Shangie, in the Department of Commercial Housing, June 16, 2025.
Cfoto | Future publishing | Getty images
China’s real estate sector has been fighting for years. Now the reduced residents become another shade in the woven property market.
Demand for new houses in Chinese towns assessed by Goldman Sachs will remain 5 million units per year and in 2017 in 2017 in 2017.
“The urban fall and slowing urbanization recommends to reduce the demographic demand for housing,” and in the coming years Goldman Sachs says Golden Sachs economists.
The country’s population will increase to 1.39 billion by 2035 According to the World Bank’s latest data, 1.41 billionHe said by Tianchen Sue, a senior economist in the economist’s intelligence department, which will refer to death, except for less newborns and aging.
The reduction of the population in the 2020s is 0.5 million tenge every year. Tenge, and in 2030, it reaches 1.4 million inches, which is growing every year, the largest number of Goldman Sahts, and the population in 2010 is growing.
The level of fertility in the country continued to decline In 2016, he relaxed one’s children’s policy in 2016 and try to stimulate the efforts of Beijing to stimulate children’s help. Disclosed income, instability, instability and poor social security system, and the social security system forced Chinese youth to get rid of more infants.
Beijing’s pronatalistic policy can be a “limited effect” because they do not solve deep rooted problems because they are “limited impressions”, S.U. reports. Tends to the child’s maneuvers and a “career” and “career” and “career” and a tendency to the wedding.
Reducing a decrease in births, over the past two years, about 36,000 kindergartens have been closed throughout the country, which are more than 10 million preschools. This is according to the official CNBC official report Data released the Ministry of Education. Similar Number of primary schools From 2022 to 2024, about 13,000 decreased.
This sees the price assessed in school-adjacent housing markets, once due to demand for public schools.
Once, the demand was due to fuel, achieving access to elite schools and increasing the costs of ownership. However, expanding the district reception policy with the reduction of residents and local self-government, William Wu, the additional cost of these houses in the capital’s capital market is declining.
The mother of a 7-year-old boy in Beijing told CNBC, which said he had dropped by about 20% when he was bought two years ago. This can double his average cost of an apartment in the city, and his son can go to a good primary school.
In 2023, the number of children involved in primary school reached the highest level in twenty years, according to the wind, in 2024, before his son, he received his son.
Pulled down
Demographic transition – In addition to the market of property, which has arisen from the end of 2020, is in addition to the property market. Central and local state measures Since September last year, the decline in real estate has shown a small sign of caring.
In May, a new house price decreased in May, May, Chief Chinese Economist McCwari in the fastest rapidly in McCvary’s Chief Economist, according to the declining government, despite the decline in government.
In 30 major cities, the sale of new houses decreased by 11% in the first half of this month, from the first half of May to 3% of May.
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China expects China’s level of urbanization to increase urbanity, as city housing demand growth, demographic drag in the Wu estate market has been still “recently” and can be played for decades.
“Some of these slumps are added to the urbanization of urbanization and residential renewal,” said Wu, because they account for the growing share of China’s total demand for housing.
– CNBC’s eveline Cheng contributed to this event.
