叫嚣蚀本的购房者，到底是“真亏了”还是“少赚了”？

Group 1 - The core viewpoint suggests that by Q4 2025, housing prices will have returned to 2016 levels, particularly in the more market-oriented second-hand housing market, with variations across different regions [1] - Homeowners who purchased properties before 2016 still have a safety cushion, as their perceived losses are more about "less profit" compared to peak market conditions, while those who bought after 2016 may be facing "real losses" [1] - The introduction of new housing price limits in Shanghai in 2016 led to an eight-year phenomenon of price discrepancies between new and second-hand homes, which has created financial burdens for some homeowners [1] Group 2 - In 2016, the average sales price of new residential properties in Shanghai was 25,910 yuan per square meter, with the average price for marketable residential properties reaching 38,369 yuan per square meter, an 18.85% increase from 2015 [3] - Significant price gradients were observed: properties within the inner ring averaged 87,426 yuan per square meter, while those in the outer ring averaged only 18,127 yuan per square meter, indicating a clear distinction in pricing across different areas [3] - The Huangpu District had the highest average transaction price at 104,589 yuan per square meter, while suburban areas like Jinshan had much lower prices, highlighting the stark contrast in property values across the city [3] Group 3 - Current property prices in Shanghai's core areas, such as Huangpu and central districts like Changning and Jing'an, can still be found at prices reflective of 2016 levels, indicating potential opportunities for buyers [4] - The experience of buyers is influenced by their entry timing into the market, including purchase prices, mortgage payments, and holding costs, leading to distinctions between "real losses" and "less profit" [4]