Is the house in Conghua District of Guangzhou just worth buying?

Conghua&;s house is not recommended to buy. There is a good example around me. In 2015, my friend bought 8,000 yuan in Conghua, which rose to 15,000 yuan in 2016, and then it began to plummet in 2019. Now it has fallen to around 10,000 yuan, counting the original renovation of more than 200,000 yuan and the interest paid in the past two years, which is basically a loss. Pearl River City, a popular market, has a peak price of 18,000 yuan. Nowadays, a large number of second-hand houses are hanging around 12,000 yuan. The people who spent 18,000 yuan to buy them are locked in, and now the price reduction may not be able to sell them. In fact, in 2016, housing prices in Guangzhou rose sharply, which led to the rise of ordinary houses in many places and houses with bad lots. However, after three years of sideways, it was only after that that we knew which place was the most resistant and valuable. Apart from Tianhe, Huangpu is the most valuable place, and it is also these two places that continue to rise now. Most other old houses and houses without degrees have basically not risen, and they still have to fall. If you live by yourself, you can buy the Pearl River City along the subway. After all, there is a degree blessing, or Cuili Jiayuan, Huabiao Liyuan, etc., close to the subway entrance. However, if the down payment is not enough, the best suggestion is to go to Huadu and buy buildings along the subway, such as poly city and Haoli Garden. These prices are relatively stable and second-hand transactions are active, so they can be sold in the future. If you want a specific house purchase plan or financing needs, you can trust me privately. I am @ Latte House, focusing on house purchase funds and house purchase strategy solutions.


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