When is the best time to buy a house for young people who don't have a house?

According to different family situations, I don't think there is the best time to buy a house, only the time that suits you best.

Let's first understand a set of data:

According to the statistics of Ke Holdings Inc., the average age of buying a house in China in 20021year was 27, that in Japan was 4 1 year, and that in South Korea was 43.3.

Maybe we think that the difference in living conditions leads to this data, but this is not the case.

I have heard a new term called the ratio of house price to income.

The calculation formula is: ratio of house price to income = total house price/annual household income.

For example, the average house price in a region is 1 10,000, and the average annual household income is 1 10,000, so the calculated ratio of house price to income is 10. The higher the number, the more difficult it is to buy a house. According to this formula, some institutions have calculated that the ratio of house price to income in China in 202 1 year is 27.89, that in South Korea is 26.08, and that in Japan is 65.08.

In recent years, various marketing numbers will persuade young people to buy a house early, and many people will have real estate licenses. Presumably, most of them are bought by their parents and grandparents, so I think the timing of buying a house depends on family conditions and their own conditions.

According to statistics, the average age of buying the first suite in China should be between 27 and 38. My cousin is 29 years old, which is relatively low among buyers. At the end of 2020, he entered the marriage hall. Because of his well-off family, he bought a house directly in the Second Ring Road, and our city is a new first-tier city, so such a young man may only be the tip of the iceberg in China.

More young people choose their parents to make a down payment and take out their own loans. If your parents have prepared a down payment for you and you don't have any good investment, you can buy a house first and then repay the loan slowly.

There is a big sister in the office, that's all. She is 32 years old. Two years ago, her husband's father made a down payment and let them buy a suite on the edge of the Third Ring Road. From then on, she and her husband began to repay the loan. After paying off the mortgage, they hardly dared to attend the party organized by us. Although it is a little hard, the small life is not bad, and they enjoy it.

But if you are a young man who works hard in the city alone, you don't have to rush to buy a house without the support of your parents. After all, renting a house is not impossible. In this world, there are people who buy houses in full, people who buy houses with loans, and young people who have been renting houses.

I have a friend who is 37 years old. Because his parents are in the countryside, they not only can't help him, but also occasionally ask him to help him. Therefore, he has been struggling for nearly 16 years after graduating from college. Just two years ago, he and his wife bought the first suite, and it was bought with a loan.

People gradually find that houses are more used for living than for speculation, so young people don't have to worry too much. Houses are indeed growing steadily. If you have the conditions to buy a suite at home, you can buy it at any time, because the house, at least, is still valuable, but when the conditions are insufficient, you should buy it according to your own and family conditions. Don't buy a house blindly because of the eyes of people around you or the suggestions of various video numbers, and don't be bound by inherent thinking. This will only give you money.