Core Viewpoint - The real estate market is undergoing a significant adjustment, leading to a dilemma for many regarding whether to sell properties or hold onto them, with opinions divided between pessimists predicting price drops and optimists believing in a policy bottom [1][12]. Market Overview - The real estate market is currently in a deep adjustment phase, with urban housing vacancy rates soaring to 21.8%, far exceeding the internationally recognized reasonable level of 5% [4]. - Over half of the new residential properties in 70 major cities have seen year-on-year price declines, with the highest drop reaching 7.9% [4]. - The average transaction cycle for properties has extended to 97 days, indicating a significant decrease in liquidity [5]. Properties to Consider Selling - Old properties in third and fourth-tier cities should be approached with caution due to ongoing population outflow and industrial decline, which may lead to long-term depreciation [6]. - Properties with high debt pressure are concerning, as the average mortgage burden for Chinese households reached 41.3% in 2024, surpassing the international warning line of 40% [6]. - Non-owner-occupied "chicken rib" properties, especially if multiple similar properties are held, may be candidates for sale to optimize asset allocation [6]. Properties to Hold - High-quality properties in core cities, particularly first-tier and some strong second-tier cities, are recommended for retention due to their robust long-term value retention capabilities [7]. - Owner-occupied properties, especially first homes that serve essential living functions, should not be sold lightly [7]. - Properties benefiting from policy incentives, particularly those in urban renewal areas or meeting "good housing" standards, are likely to enjoy advantages from recent government measures [7]. Conclusion - There is no one-size-fits-all answer regarding whether to sell properties in the current market; decisions should be based on individual circumstances [10]. - The era of rising real estate prices is over, and the future market will exhibit more pronounced differentiation [12].

楼市调整已历三年，尽管政策层面不断推出激励措施，但房地产市场形势却愈发复杂，前景迷雾重重。面对这样的局面，许多拥有多套房产的 家庭正纠结于一个问题：是早早卖掉房子，还是坚持等待房价回升？ 对此，金融大佬揭示了其中的真相，我们不妨一探究竟！ 一、现在卖房究竟是明智选择还是愚蠢决定？ 要回答这个问题，需要结合当前环境的多方面因素来综合考量： 1. 你是否面临严峻的现金流压力？ 与过去两年相比，现在不仅赚钱变得更加困难，许多人还面临着降薪、失业的危机，导致手头的现金流紧张。为了缓解资金压力，越来越多的 人选择提前卖房。因此，你需要评估自己当前的财务状况。如果你的资金状况依然健康，能够支付包括房贷在内的各种开销，那么就不必急于 出售房产。毕竟，现阶段想从房产中赚钱几乎不现实，能够避免亏损就已经是不错的结果。 然而，如果你的财务状况已经捉襟见肘，甚至到了无法继续维持的地步，那么即使未来房子升值的潜力存在，也未必值得等待。毕竟，从当前 市场的供需情况来看，房价大幅上涨的可能性并不大。对某些人来说，卖掉房产换取资金，才是缓解眼前压力的最佳选择。 2. 你手中的房子是否具备稀缺性？ 房产的价值常常与其稀缺性密切相关。如果你拥 ...