Buying a house means dying from comfort!
Mencius: “Born from worries and hardships, die from comfort”
The Book of Changes: “As heaven moves vigorously, a gentleman should continually strive for self-improvement”
The wisdom of the ancients tells us that the more you pursue comfort, the less you will obtain it; one must always maintain a mindset of striving, seek development through movement, and view all issues with a dynamic perspective;
Buying a house is, in fact, a mindset of pursuing comfort (real estate investment is another matter), thinking that buying a house means stability, long-lasting peace, and a happy home, believing that one can live there until retirement;
In reality, buying a house is the greatest uncertainty; if it’s a mortgage, many people plan future expenditures based on current income, but the uncertainty of future income is huge, and then financial difficulties may arise;
Even if buying a house outright, the first 10 to 20 years may be okay, but later there will be issues with aging pipes, aging elevators, or even aging concrete. When it comes time for upgrades and maintenance, it is hard for homeowners to reach a consensus. High-rise buildings may face physical risks such as elevator outages!
If a community gets older, many people may struggle to pay the property management fees. The community falls into disrepair, becoming a dirty and chaotic slum area, and some even start growing vegetables in the community. Even if you can pay the property fees, what can you do alone? Can you handle it all? Many old commodity housing communities in Northeast China are already like this;
Now, buying a house for 10 million in a first-tier city isn’t too much to ask, right? Plus, with the mortgage, the actual total price is at least 25 million. However, when you buy it, the land use rights often only remain for over 50 years. Even if it’s 60 years, that's 420,000 a year (not including management fees), which is 34,000 a month. You could rent a villa in any first-tier city for 34,000 a month, definitely not a problem for a large flat;
Life is tied down; ups and downs are normal, but if you need to go abroad for development, or even to develop in other cities, the house you bought becomes a burden;
If house prices are rising, everything can be discussed, but now house prices will only continue to fall, so do not hold any hopes for an increase; relying on real estate to drive the economy is already a thing of the past!
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