Affected by the epidemic, rents have fallen, and the proportion of houses waiting for rent has increased
Beijing and Shanghai rental market fluctuations do not change the fundamentals of supply and demand
Our reporter Kang Shu
In the first half of the year, housing rents and transaction volumes in Beijing, Shanghai and other cities have declined. On the one hand, the impact of the new coronary pneumonia epidemic has led to a relative reduction in the number of graduates and foreign population; on the other hand, the economy is under downward pressure and many industries are in a slump. , Also transmitted to the rental market. However, the first-tier cities have an active economy and are very attractive. The characteristics of large foreign populations and large demand for housing rentals have not changed. The housing rental market will gradually improve in the future.
"Beijing's rent has dropped!" Mentioning the recent changes in Beijing's housing rental market, Ms. Liu, who has a house on the South Third Ring Road in Beijing, is not vomiting. "The rent for my house has dropped from 5,200 yuan to 4,600 yuan. , Still haven’t rented out, it’s been more than a month.”
According to Ms. Liu, she has always entrusted this house to the housing agent for renting out. Previously, the previous tenant to the next tenant has always been "seamlessly connected", and the rent price is either flat or rising. Only this year, not only the rent Don't go out, the price has dropped.
"If you can't rent out a month, it is equivalent to a loss of four or five thousand yuan. It's really a pain in the long time!" Ms. Liu, accustomed to getting monthly rent easily, is very unhappy that no one rents the house. .
Recently, due to the impact of the New Coronary Pneumonia epidemic, Beijing's housing rental market experienced large fluctuations in the first half of the year, and even called landlords with long-term rental apartment agencies in hopes of lowering their rents.
The transaction volume data released by I Love My Home Research Institute showed that the Beijing rental market fluctuated greatly in the first half of this year, with a decrease of 44.29% and 44.97% respectively in January and February, and a rise of 167.21% in March, April and May. 46.53%, 27.71%, down 18.5% in June.
At the same time, according to statistics from market agencies, Beijing's housing rental demand and rental levels in the first half of the year have declined compared with the same period last year. The rent level in June dropped by about 5% compared with the same period last year, and some houses were vacant.
In this regard, experts said that the epidemic from March to May has been under some control, and the rental market has recovered, but after the rebound of the epidemic in June, the market also responded with a "fall".
However, with the arrival of the graduation season, rental demand may be released. But it is worth noting that, due to the epidemic, the rental market heat brought by the graduation season may be difficult to reach the level of previous years. Experts anticipate that the rental needs and rent exchange needs of the floating population in the second half of the year may not be gradually released until the epidemic is completely relieved.
Industry insiders pointed out that compared with the past, the house has become difficult to rent, and the space available to the tenant has also become larger. There may be a certain bargaining space, and the tenant will have more initiative. For graduates, housing leasing costs are expected to decline on a small scale.
Not only has Beijing's housing leasing market experienced significant fluctuations, the recent Shanghai housing leasing market has also undergone significant changes compared to previous years.
According to Chen Liang, deputy chairman of the Shanghai Real Estate Brokerage Association, Shanghai's rent prices have rebounded in June compared with May, but overall are stable, and some areas have experienced a decline in rents.
Shanghai is one of the important cities to attract college graduates. During the graduation season, the housing rental market will usher in a peak of rental transactions. However, affected by the epidemic, this year's "peak" has been very stable. Experts predict that with the gradual stabilization of the epidemic, Shanghai will usher in a large number of college graduates' employment life, and the future demand for housing leasing is expected to be slowly released.
In the first half of the year, the reasons for the decline in housing rents and transaction volume in cities such as Beijing and Shanghai were not only affected by the reduction in the renting of graduates, but also the relative decrease in the number of foreigners, causing an imbalance in supply and demand. In addition, the downward pressure on the economy is large, and many industries have been sluggish, which has also spread to the rental market.
Although the supply and demand relationship has been affected, resulting in a certain decline in the housing rental market in Beijing, Shanghai and other places, industry insiders are also optimistic that the first-tier cities have an active economy and are very attractive. The fundamentals of the supply and demand structure will not change much in the second half of the year, and the housing rental market will gradually improve in the future.