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What will be the trend of Hefei’s housing prices in the next three years?

Before talking about the housing prices in Hefei, we must first talk about the city of Hefei. Hefei belongs to the central region of China. Many people have never heard of this city before because Hefei did not have any outstanding achievements before and there were no pillar industries. However, Hefei has a very famous university called the University of Science and Technology of China. I would have known that schools with the word "China" in front of them are very powerful. In fact, the fact that Hefei has become a popular city is indeed related to technology. In 2019, Anhui officially entered the Yangtze River Delta economy. You must know that before this, the Yangtze River Delta referred to Shanghai, Zhejiang and Jiangsu. As a central city, it is not easy for Hefei to enter this economic circle. After all, Hefei does not have the advantages of coastal cities.

Let’s talk about the current housing prices in Hefei. There has been a wave of housing price increases since 2017, and the current housing prices in Hefei are indeed not cheap. Check the current selling price of second-hand houses in Hefei on some websites. It is about 17,800 yuan. But Hefei's per capita income is not that high. So you will also be concerned about what the housing prices will be like after Hefei. It is difficult to say whether the future trend of housing prices in Hefei will rise or fall.

However, the 2020 epidemic will indeed have some impact on economic development. So I think the housing prices in Hefei will not rise. But from a long-term perspective, inflation is inevitable. Then it is certain that house prices will rise.

The above is a broad concept, and specific issues require detailed analysis. Looking at the current urban layout of Hefei, we find that many emerging industrial parks have been standardized. If these emerging industrial parks do not have a large influx of people, housing prices will not be supported. In addition, another factor that must be considered in housing prices is education. After all, housing in school districts is still very popular. It is true that Hefei’s current school district housing prices have increased slightly.

If you want to buy a house, I suggest that you do not buy a house with high leverage.