Recently, many artists and Internet celebrities have bought houses, but the overall house prices are still unattainable, which discourages people who want to buy a house. “International Super Real Estate Agent” Zack Li Changpeng came to Yahoo TV’s “Attack on the Purse” to share his observations on the real estate market, and also decipher the common real estate agents on the market. Most importantly, he predicted that the real estate market will still have a low point. People who want to buy a home may want to wait patiently.
Li Changpeng wrote the eyebrows of the real estate agent industry in a new book “Super Strategies to Break Black-Hearted Speaking Skills to Buy a Home” Although he is also a real estate agent, he has a different point of view. For example, in the past, “location” was the only thing advertised, but Li Changpeng believes that “timing” is the key. Of course, many people won’t judge the timing of entry and exit from the market, so in the book he encourages the public to enter the market in a slump and avoid competing for homes with many competitors when the market is hot.
He listed three common myths about buying a home, including “Do home prices go up but not go down?” Half a mistake, house prices in Taiwan have fallen 6 times in the past 40 years and it is by no means just rising but not falling. In addition, home prices are too high, which can also cause homebuyers to lose costs before fighting inflation.
Rising commodities and inflation are well-known phenomena around the world. Some real estate agents will tell home buyers that “the price of decoration listing will rise soon.” Li Changpeng frankly said that although the rising costs and shortages of materials and labor are real, the real estate market has been very miserable in the past six months, so don’t let the rhetoric scare you. Real estate agents often lie that house prices will rise when interest rates are lowered or raised. Of course, after the rate hike, house prices have plummeted. On the contrary, there is expected to be a good margin bargaining for home buyers now and next year.
Don’t be nervous when you hear “Taiwan’s land is limited and the supply will only decrease”, because judging by the data, the supply has actually increased year on year in recent years. We often hear that “renting a house helps the landlord pay the mortgage.” Li Changpeng pointed out that having cash flow on hand is the correct concept for self-residents, who can invest in another property and wait for a good property.
Li Changpeng said that the so-called “homeowners are eager to sell” and “most of the residents are elderly” are mostly just to hope that the buyer will quickly mediate. She gave pertinent advice to those eager to buy a home, they should wait until after next year’s Lunar New Year, especially April and September after the big sales period. Those not in a rush to buy a home may be able to bottom out in 2024 and will have a chance after home prices correct. Of course, she remembers to always do your homework first and never listen to a stranger’s mouth.
In this week’s “Dafo Financial Encyclopedia”, pundit Li Qizhan introduced the impact of systemic risk on the economy. We should pay attention to whether the previous value-oriented and subject-oriented stocks will fall out of sync with the market and may enter systemic risk. In terms of foreign exchange, you can pay attention to the US dollar, the Taiwan dollar and the euro. In the short term, the dollar should pay attention to whether it has broken the bottom: if there is thematic support and it continues falling, it could continue to weaken. The Taiwan dollar depends on the performance of the stock market and whether hot money remains in Taiwan. If the stock market continues to rise and is supported by hot money, the Taiwan dollar will naturally continue to strengthen. The euro is dependent on the interest rate meeting of the European Central Bank raising interest rates by 2 or 3 yards. One can also observe whether the euro has support against the US dollar and whether the quarterly moving average is maintained.
For fund focus, you can refer to US stock funds. Under selling pressure, if the Dow Jones and the Nasdaq did not pass the high point on Tuesday, it means that the short-term high point has been reached. If it can be too high, it means that the previous doubts about profit exhaustion have been eliminated from the market and it will be safer to invest again. The Dow Jones Index is stronger in this wave and Philadelphia Semiconductor is weaker. Therefore, we should also pay attention to changes in the strength and weakness of the situation. If they aren’t too high, it could be a symbol of a fix.
