5年以后，现价150万的房子值多少钱？专家给出答案

Core Viewpoint - The Chinese real estate market has entered a significant adjustment phase since spring 2023, with 91 cities experiencing a decline in housing prices, particularly in lower-tier cities [1][3]. Group 1: Market Trends - In June 2023, the average price of second-hand residential properties in 100 key cities reached 15,553 yuan per square meter, while new residential properties averaged 16,179 yuan per square meter, indicating that purchasing a typical property requires over 1.5 million yuan [1]. - The most significant price drops were observed in third and fourth-tier cities, with a decrease of 0.3%, followed by second-tier cities at 0.27%, and first-tier cities at 0.13% [1]. Group 2: Demand Dynamics - The demand for rigid housing is declining due to an aging population and a shrinking young demographic, leading to a long-term decrease in housing demand [6]. - The improvement in housing demand is becoming more rational, as many potential buyers are now more cautious due to reduced incomes and job losses during the pandemic, leading to a preference for holding cash when prices are falling [6]. Group 3: Regulatory Environment - The imminent implementation of a real estate tax is anticipated, which could significantly increase the holding costs for property investors, thereby contributing to a downward trend in housing prices [8]. - The construction and supply of affordable housing are accelerating, with cities like Beijing planning to provide 400,000 units of affordable rental housing during the 14th Five-Year Plan, which will likely divert demand away from the commercial housing market [9].