现在卖房是聪明还是愚蠢？王健林给出标准答案，让我恍然大悟！

Core Insights - The article discusses the dilemma faced by property owners regarding whether to sell their properties amidst declining real estate prices, emphasizing the need for rational decision-making based on individual circumstances [1][3]. Market Analysis - As of 2025, China's urban housing vacancy rate has surged to 21.8%, significantly exceeding the internationally recognized warning line of 5%. Additionally, 53 out of 70 major cities have seen year-on-year declines in new residential property prices, with the highest drop reaching 7.9%. The average transaction period for properties has extended to 97 days, indicating a notable decrease in market liquidity [5][7]. Key Decision Factors - Wang Jianlin identifies three critical factors for property decision-making: regional development prospects, personal financial status, and asset diversification [7]. - Regional Development: Properties in core urban areas with population inflow and industrial upgrades retain long-term investment value, while those in declining areas face potential depreciation [7]. - Personal Financial Status: The average mortgage burden for Chinese households reached 41.3% in 2024, surpassing the 40% warning threshold. High debt levels necessitate careful consideration of selling to alleviate financial pressure [8]. - Asset Diversification: Concentrating wealth solely in real estate is deemed imprudent. Alternative investment channels, such as A-shares and REITs, offer competitive returns, suggesting the importance of a diversified investment strategy [8]. Property Holding Recommendations - Properties in high-demand urban areas should be retained, while those in less desirable locations, particularly older buildings in third and fourth-tier cities, should be approached with caution [9]. - Distinctions should be made between primary residences and investment properties, with the former being less advisable to sell due to their emotional and functional significance [9]. Changing Investor Sentiment - A survey indicates that 38.7% of homeowners are considering selling idle properties within the next year, reflecting a shift from improvement-driven motives to more rational asset optimization and cash flow improvement strategies [10]. Conclusion - The article underscores the importance of maintaining cash flow over asset accumulation in uncertain times, advocating for rational decision-making tailored to individual circumstances rather than following market trends blindly [13].