Core Viewpoint - The real estate market in China is experiencing a positive shift due to the removal of purchase restrictions in most cities and a historic low in mortgage rates at 3.2%, leading to increased demand from first-time homebuyers. However, experts warn that three types of properties—suburban homes, seaside properties, and high-rise apartments—are likely to lose market appeal over the next decade, prompting some investors to lower prices for these assets [1][5]. Suburban Properties - Suburban properties are favored for their lower prices and good green environments, but they exhibit weak price resilience. For instance, a buyer in Shanghai saw a price drop from 15,000 yuan per square meter to 8,000-9,000 yuan, a decline exceeding 30% [1]. - The fundamental reasons for the weak price resilience of suburban properties include insufficient local amenities (hospitals, schools, supermarkets), inconvenient transportation leading to long commutes, and limited job opportunities resulting in a net outflow of population [3]. Seaside Properties - Seaside properties were once popular for their scenic views and fresh air, often seen as ideal retirement homes or vacation spots. However, owners now face rapid depreciation and difficulties in selling these properties [5]. - The challenges for seaside properties include a lack of surrounding amenities, significant seasonal vacancy rates leading to low occupancy during off-peak seasons, and high maintenance costs due to the corrosive nature of sea air affecting property structures [5]. High-Rise Apartments - High-rise apartments offer expansive views but have also seen price declines exceeding 40%, with a lack of buyers [8]. - Key drawbacks of high-rise apartments include increased evacuation difficulties during disasters (e.g., earthquakes, fires) due to elevator outages, higher maintenance and service costs compared to low-rise buildings, and challenges in renovation or demolition as buildings age, leading to a decline in living quality [8].