王石又爆狠话！预言中国楼市最终结局：唯有“软着陆”

Core Viewpoint - The Chinese real estate market has reached a cyclical turning point, with the only possible outcome being a "soft landing" according to Wang Shi, founder of Vanke [1][3]. Group 1: Market Trends - In the first half of 2025, the new residential price index in 70 major cities fell by 4.7% year-on-year, while the second-hand housing price index dropped by 6.2% [1]. - Real estate investment has experienced negative growth for eight consecutive quarters, indicating a decline in developers' enthusiasm for land acquisition [1]. Group 2: Policy Responses - The national housing and urban-rural construction work conference emphasized the need to stabilize the real estate market in 2025, focusing on implementing policies to support housing demand [3]. - Specific measures include the cancellation of purchase restrictions, lowering housing loan interest rates, and increasing the supply of affordable rental housing [3]. Group 3: Local Initiatives - Shanghai has adjusted its purchase policies, allowing eligible families to buy unlimited properties outside the outer ring and increasing housing provident fund loan limits [4]. - In Hangzhou, subsidies for purchasing new residential properties have been introduced, with families receiving 40,000 yuan and qualified talents up to 200,000 yuan [6]. Group 4: Future Outlook - The real estate sector remains a pillar of the national economy, and despite the end of rapid expansion, it is expected to recover and present new opportunities as policies are optimized [6]. - Wang Shi's prediction of a "soft landing" reflects an understanding of market dynamics, suggesting that the market will return to rationality post-bubble [6].