A down payment of 350,000 yuan to buy a house in Beijing. The "Beipiao" (people who come to Beijing from other places to pursue their dreams) are snapping up "super old, small and shabby" houses at the bottom price.
With a down payment of 350,000, "Snatching the Bottom" for an Ultra-Old and Run-Down Small House
The "Three-No Youth" who don't get married, don't have children, and don't buy a house have recently started to purchase houses.
With a down payment of 350,000 and a monthly mortgage payment of 3,400 yuan, the post-90s Hebei girl Chengzi bought a house with a total price of 1.05 million yuan near the Ancient City in Beijing.
It is an old and run-down small house built in 1958, with only 4 years left until the 70-year property right expires. The building area is only 26.6 square meters, with one bedroom and no living room, and the toilet is a squat toilet.
But none of these are important, because from now on, she has a home in Beijing.
When she decided to purchase a house, Chengzi only looked at this one set in Beijing and decided to buy it. The bedroom and kitchen face south, and the small square house, "As soon as I entered, I could roughly imagine what I would transform it into in the future."
After work in the evening, she went to negotiate the price with the landlord, preparing to talk until the middle of the night. Fortunately, they only talked for half an hour and reached a deal. They negotiated the price from 1.26 million to 1.05 million, and signed the contract in ten minutes.
In her eyes, although this "super old and run-down small" house is old, the surrounding facilities are complete. There is an express delivery station and a water station downstairs, and there is a Hema Outlet store at the entrance of the community, with prices discounted by 60 - 70% for a long time. More importantly, it only takes 5 minutes to walk from the community to the Gu Cheng subway station, the starting station of Line 1, which is extremely convenient for her commute to work at the China World Trade Center.
The floor plan of Chengzi's new house @ChengzijianginBeijinghasa20 - square - meterhome
As a Beipiao (a term for people who come to Beijing from other places to pursue their dreams), Chengzi's monthly income is stable at more than 10,000 yuan. Buying a house in Beijing used to be a luxury for her. However, since this year, the adjustment of Beijing's housing price policy has given her the opportunity to "get on the train".
Since the second half of last year, Beijing has continuously released a number of measures to stabilize housing prices, gradually "loosening" the real estate market, including lowering the down payment ratio, reducing the interest rate of existing mortgage loans, and reducing the payment period of social security or individual income tax for non - Beijing household purchases. Up to now, the down payment ratio for the first set of residential houses in Beijing has been reduced to 15%, the lower limit of the commercial loan interest rate for the first set of residential houses has been adjusted to 3.15%, and the social security requirement for non - Beijing household purchases has been changed from 5 years to 2 years.
The threshold for entering the real estate market has been continuously lowered, and housing prices have also been continuously declining. This is also an important reason that prompted her to consider purchasing a house in Beijing. The small house that Chengzi bought, the transaction price of the same house type was 1.5 million yuan in 2019, and now it has dropped to just over 1 million yuan. She calculated the savings in her hand and the affordable monthly mortgage payment, and felt that it was time to "snatch the bottom".
Li Jia, the manager of a Maitian Real Estate store, has been engaged in real estate agency work in Beijing for many years. According to his understanding, the housing prices of "old and run-down small" houses in Beijing have generally decreased by about 20 - 30%. Previously, there were relatively few houses with a total price of less than 3 million yuan. After this housing price adjustment, houses with a total price of less than 3 million yuan have become more common, and there are also many houses with a total price of less than 2 million yuan. Although the housing sources are generally not very good, for ordinary people, they are still "affordable".
Chengzi's 20 - square - meter small home
Xiao Yao, who is 31 years old, is also a beneficiary of this "untying" of the real estate market. Five years ago, Xiao Yao, who graduated with a master's degree, successfully joined a state - owned enterprise in Beijing. From the first day of work, he downloaded the Lianjia APP to his mobile phone and checked the housing price trend from time to time to evaluate how far he was from the goal of purchasing a house. He set a deadline for himself to purchase a house of his own in Beijing within 5 years.
Before purchasing a house, everyone around him advised him to "wait a little longer". However, after being a Beipiao for 12 years and moving 20 times, he blocked all these voices and didn't listen to a word, "I must purchase it."
In August this year, he started to view houses in a "Special Forces Style". Within 14 days, he viewed 63 houses. Finally, he emptied his savings and borrowed 200,000 yuan from his friends. With a 20% down payment ratio, he bought a 60 - square - meter top - floor old and run - down small house in Shilibao at a total price of 2.44 million yuan. When paying the deposit, his hands were shaking, "I can't believe I purchased a house."
On the day of the transfer, he spent 65 yuan to purchase himself a bunch of sunflowers. This was the first time in his life that he received flowers, and he gave them to himself. He also posted a moment on WeChat without blocking anyone. He wrote: It's like piecing together my tattered self bit by bit.
This moment received the most likes in his WeChat Moments ever.
The Obsession with "Home"
Behind every young person who decides to purchase a house, there is a sad rental story.
Xiao Yao has a special obsession with houses. He was born in a single - parent family and followed his mother around since he was a child. Wherever his mother went to work, he would follow to go to school. In his memory, he and his mother have been constantly moving, and he has never stayed in one place for more than 10 years.
When others ask him where he is from, he doesn't know where he is really from. Because he was always an "outsider" and couldn't speak the local dialect, he experienced school bullying at school.
In high school, he and his mother rented an attic in a classmate's house. Bats often flew around in the house, and he was extremely scared. The attic in summer was extremely hot and stuffy, with a room temperature of up to 40 degrees. In order to cool down, he soaked his feet in a bucket to do homework. In this way, he was admitted to a key university in Beijing from a small city in Anhui.
Xiao Yao's Buying House Diary @Brother Yao Loves Shaking
"When I was young, I didn't think moving was a burden," Li Wen, who recently purchased a house in Fangshan, still remembers when she first arrived in Beijing ten years ago. It was 3 a.m. in the winter, and it was extremely cold, but she felt that everything in the future was brand new.
She rented a semi - basement room by herself for 200 yuan. A small bed, a small table, and a suitcase filled the 5 - square - meter room tightly.
However, after being a Beipiao for ten years and moving ten times. Every time she moved, "the sense of drift became heavier." This year, she saw that both the housing prices and the down payment ratio in Beijing were decreasing, little by little, to a position that she could "afford". After calculating the money in her hand, "It's almost enough."
When negotiating the price, she frankly told the landlord that the pressure of repaying the loan alone was great, "Please give me a little more discount." In this way, after grinding bit by bit, the price was reduced by 100,000 yuan. She gathered less than 500,000 yuan and borrowed 800,000 yuan to purchase a house with a total price of 1.25 million yuan.
The concept of "home" has a more complex interpretation for single women.
Liu Xiaoxiao, who is 30 years old, purchased an old and run - down small house with a total price of 1.25 million yuan in Fangshan District, Beijing in July this year. In her opinion, For a woman, whether single or married, as long as the house does not belong to you, you have no home. Your parents' home is not your home, and your in - laws' home is not your home either.
Liu Xiaoxiao left home to work at the age of 19. She has been a Beipiao in Beijing for 12 years. Every New Year, she looks up at the lights of thousands of households and sighs: Why are every household decorated with lights and colors, but she still has to go back to her parents and younger brother's home for the New Year.
Going home means facing the pressure of being urged to get married, which is a proposition that every older single woman is difficult to avoid. "Although I also have my own room, I can't find anything when I look for it, and I feel like an outsider."
This year, both the housing prices and the down payment ratio as well as the interest rate have been decreasing, and she gradually had the idea of purchasing a house in Fangshan. Quite legendarily, the previous owner of the old and run - down small house that Liu Xiaoxiao liked happened to be an 80 - year - old single woman. When the woman was young, she divorced her husband and raised her daughter alone. "At that time, another buyer offered a price 100,000 yuan higher than mine," but the woman didn't sell it. Whether it was out of identification with the identity of a single woman, the woman finally sold the house to Liu Xiaoxiao at a low price.
The proportion of single women purchasing houses is indeed increasing. According to the "2024 Women's Home Buying Survey" released by 58.com and Anjuke, among the women participating in the survey who have purchased houses, the proportion of unmarried women who have already purchased houses has reached 61.6%, and the proportion of women buying houses independently is on the rise.
Without 6 Wallets, Only Emptying Oneself
At present, the trend of single young people purchasing houses may have just begun.
Recently, the data released by the Ministry of Civil Affairs shows that in the first three quarters of this year, the number of marriage registrations nationwide was 4.747 million pairs, a decrease of 943,000 pairs compared with the same period last year. It is highly likely that the trend of a decreasing number of marriages in 2024 will continue. On the other hand, the number of newborns in the first half of 2024 was only 4.33 million, which is less than 5 million.
This means that the trend of "one person, one house, and one cat" may continue for a long time. "Repaying the mortgage alone" has also become a common phenomenon for single young people to purchase houses.
Unlike the previous housing purchase demand for the purpose of marriage, they purchase houses for their own residence as independent individuals. Without the support of their partners and parents, there is no "6 wallets", and they can only empty themselves.
Before purchasing a house, they must calculate the cash in their hands and the stable cash flow that can be spent in the next ten years or even longer. Under the premise of not affecting the quality of life, calculate a down payment ratio and an affordable total loan amount.
Chengzi decided to paint the walls herself.
Chengzi can afford a monthly mortgage payment of more than 3,000 yuan. This number is very close to her current rent. As long as she can afford the down payment, the monthly mortgage payment is equivalent to paying the rent.
Liu Xiaoxiao, the girl who has already purchased a house in Fangshan, calculated an account when making the house purchase budget. Her monthly mortgage payment cannot exceed the sum of her provident fund and the current rent. She deduced a total loan amount from the monthly mortgage payment limit, and adding the down payment she can afford is her house purchase budget.
For young people with a monthly salary of less than 20,000 yuan, their house purchase budget is generally around 2 million yuan. For those with commuting needs, it is not easy to find a house with a total price of less than 2 million yuan, a square house type, and meeting basic living needs in the urban area.
Chengzi saw too many strange house types on the Internet, "All kinds of angular ones, and not even equilateral. You would get lost when you enter."
As single girls purchasing houses, they also need to pay extra attention to safety issues. Every time Liu Xiaoxiao goes to a community, she first checks if there are cameras in the community, and then inquires about the background of the residents in the community.
Fortunately, the decline in housing prices has given them more choices. There are more than 2,000 residential houses with a price of less than 2 million yuan in the six urban districts of Beijing that can be retrieved on the Lianjia APP alone. If the search is expanded to outside the Fifth Ring Road, their choices will obviously be more. In the four districts of Fangshan, Shunyi, Daxing, and Tongzhou alone, there are more than 7,000 ordinary residential houses with a total price of less than 2 million yuan.
When Xiao Yao was viewing houses, he saw houses from Xingong in Daxing, Lize in Fengtai, to Shuangjing, Tuanjiehu, and other places that he "never dared to think about before".
During the house viewing process, Xiao Yao summarized all the houses he had seen into an Excel table, listing the location, location, price, advantages and disadvantages of the houses, and comparing them one by one.
At most, he viewed 10 houses in one day. His mentality of viewing houses changed from "everything looks good" to "everything has shortcomings". In order to confirm whether the top - floor old and run - down small house would leak, he specially chose a rainy day to view the house. It wasn't until he confirmed that there was no leakage that he decided, "This is it."
When he got the real estate certificate, he stroked the red hardcover cover "like touching a lottery ticket", looking at the "sole ownership" on the real estate certificate. Xiao Yao suddenly realized that he finally had a "home" in a geographical sense.
Among the thousands of lights, there is also one for him now.