到2025年，四类房子或成烫手山芋？已有懂行人在悄悄套现

Core Viewpoint - The myth that "housing prices only rise" is fading, with significant price declines observed in the real estate market since the second half of 2021, leading to a shift in investment sentiment [1][4]. Group 1: Housing Price Trends - From 1998 to mid-2021, the national average housing price increased from 2000 yuan per square meter to 11,000 yuan per square meter, a rise of 5.5 times; in first-tier cities, prices surged from 3000 yuan per square meter to 65,000 yuan per square meter, exceeding 20 times [1]. - As of August this year, only 29 out of 100 key cities in China saw new housing prices increase, while 69 cities experienced price declines; in the second-hand housing market, only 23 cities had rising prices, with 74 cities facing declines [4]. Group 2: Developer Strategies - In response to the cooling market, developers are resorting to price cuts and promotions to quickly recover funds, while the number of second-hand homes listed for sale has surged, with 13 cities reporting over 100,000 listings [3]. Group 3: Investment Risks - Experts warn that by 2025, certain types of properties may become "hot potatoes," leading savvy investors to exit the market. These include high-rise residential buildings, small property rights houses, homes over 20 years old, and properties located in remote urban areas [5][7][8]. - High-rise buildings face challenges such as excessive shared area costs, reliance on elevators, safety hazards, and high demolition costs, making them difficult to resell [5]. - Small property rights houses lack the potential for legalization and face quality issues, leading to diminished resale value [7]. - Homes older than 20 years may struggle due to tightening bank lending policies and a preference for newer, higher-quality homes [8]. - Properties in remote areas are less desirable due to inadequate infrastructure and are more vulnerable to price declines compared to central city properties [8].