“收购大潮”来了？这两类房子要被优先回购，有房的赶紧看！

Core Viewpoint - The real estate market is experiencing significant downturns, with falling prices and increasing inventory, prompting government intervention to address the issue through a "de-inventory" strategy [1][3][5]. Group 1: Market Conditions - The real estate market is expected to remain cold until the second half of 2025, with home prices continuously declining and transaction volumes at a low [1]. - The inventory pressure is substantial, with the number of second-hand homes listed exceeding 100,000, while the number of buyers remains very low [1][3]. Group 2: Government Intervention - The government plans to implement a "de-inventory" campaign, focusing on acquiring old residential properties for redevelopment and converting them into affordable housing [3][5]. - The strategy includes demolishing old neighborhoods and compensating homeowners to encourage them to purchase new homes [3]. Group 3: Targeted Properties - The government will focus on acquiring older homes that are poorly located, have high ages, and low marketability, as well as properties owned by individuals who have multiple unsold units [3][5]. - For new unsold homes, the government aims to buy those that have been on the market for a long time and meet affordable housing standards [5]. Group 4: Innovative Solutions - The government has introduced a "housing voucher" system for displaced residents, allowing them to use vouchers to purchase homes, which can also provide additional subsidies in high-cost areas [5][7]. - This approach is being implemented in over 60 cities, including Zhengzhou, Nanjing, and Xiamen, with Guangzhou starting a pilot program [5]. Group 5: Implications for Stakeholders - For first-time homebuyers, the current market conditions and housing vouchers present opportunities to purchase homes at lower prices [7]. - Homeowners with unsold properties are encouraged to consider selling to the government to recover some funds rather than waiting for further depreciation [7]. - Real estate developers facing declining sales may find government buybacks to be a crucial lifeline during this downturn [5][7].