Shenzhen Home Price Rise Causing Spillover

Shenzhen's steep home price rise is pushing Shenzhen buyers into surrounding cities, estimated at 70% of buyers.

iFeng: 临深板块深圳置业者比例超70%

2015, housing prices in Shenzhen rose almost Liu Cheng, led the nation. In recent years, deep Wan Hui integration process and speed up the construction of the Pearl River Delta city group, road construction and the neighboring cities of Shenzhen, Dongguan, Zhongshan, Huizhou and other mass transit systems are maturing. In this context, high housing prices in Shenzhen and land resources are increasingly scarce, forcing many home buyers demand to Huizhou, Dongguan, Zhongshan and other peripheral "depression" spillover city, according to incomplete statistics, a deep plate Shenzhen home buyers proportion of more than 70% .

Began in the third quarter of 2015, a deep plate Shenzhen new high proportion of home ownership. More can not afford the high prices in Shenzhen began to neighboring cities to buy a house, in case of a sudden surge in demand, Dongguan, Zhongshan, Huizhou and real estate market have been fully driven up the price and volume go up and sparked another wave of investment demand, especially in some regions the situation appears more Yishoufang Zhongshan no room available for sale. But it is worth noting that, due to the Dongguan, Huizhou and Zhongshan real estate market are the lack of domestic demand, external demand, investment home buyers should pay attention to the sustainability of these cities.

Personally, I am more optimistic Zhongshan. Zhongshan is a very livable city, the Pearl River Delta in the past because of traffic on both coasts rather inconvenient, external investment demand Zhongshan real estate market is relatively weak, but after HZMB and deep in the channel completed, there will be a lot of Shenzhen and Hong Kong to Zhongshan home.