手中有100万，该继续存银行还是买房？现在终于有了答案

Core Viewpoint - The current economic environment presents a dilemma for individuals with substantial funds, weighing the choice between investing in real estate or keeping money in the bank, especially given the recent downturn in the real estate market and declining bank deposit rates [1][4]. Real Estate Market Analysis - The real estate market in China has shown signs of significant adjustment since 2023, with a 23.3% year-on-year decrease in the sales area of commercial housing from January to November, totaling approximately 1.212 billion square meters, and a 26.6% decline in sales revenue, amounting to about 11.86 trillion yuan [1]. - Among 70 major cities, 69 have experienced a drop in second-hand housing prices, indicating a widespread downturn in the market [1]. Bank Deposit Trends - Bank deposit rates have been on a downward trend, with three-year deposit rates falling below 3% and one-year rates dropping below 2%, marking historical lows and suggesting a continued decline in deposit yields [2]. - The total amount of deposits in China surged by 22.48 trillion yuan in the first three quarters of the year, with household deposits increasing by 14.42 trillion yuan, reflecting a strong inclination towards saving [1]. Investment Strategy Recommendations - Given the current high property prices, it is challenging to make a down payment in first and second-tier cities, and opting for a mortgage could lead to significant financial pressure, especially in the event of income loss [6][9]. - The prevailing market trend indicates that investing in real estate may not be wise, as property values are in a downward trajectory, making bank deposits a safer option [8]. - The real estate market is perceived to have substantial bubbles, particularly in major cities like Beijing, Shanghai, and Shenzhen, where the price-to-income ratios are exceedingly high, suggesting that waiting for a market correction before purchasing property could lead to lower costs [8][9].