The property market is under control and is expected to "activate" the furniture market?

Property market regulation promotes market development

In the past two years, property control policies have been successively introduced. Although many people have a conservative attitude toward the future development of the furniture industry, some insiders believe that the furniture industry is a potential beneficiary of a new round of real estate regulation. A series of property market regulation policies were introduced to combat real estate speculators.

Regardless of the outcome of the current property control policy, it is undeniable that investment consumers will become less and less disappear. If the house price starts to fall, the rigid demand will be released after the consumer waits for the mood to decline. The cost of the ordinary people spending on the house is reduced, and naturally the proportion of the decoration will be larger.

The property market regulates or “activates” the consumption of the furniture market

At that time, the long-term trend of the furniture industry will inevitably improve. Whether it is the home improvement market or the building materials industry, there will be a “retaliation rebound”; if the housing prices are still in a stable rising state, after a period of wait and see, those who strongly need the house Still will be shot, this part of the people themselves have rigid demand, self-occupational decoration is bound to promote the furniture consumer market.

In addition to the above factors, the promotion of affordable housing will reverse the situation and is expected to boost furniture consumption. The cost of home purchases saved by low-cost housing prices will be transformed into decoration purchasing power and market demand for home building materials.

Consumption concept promotes industry demand

An authoritative organization has conducted surveys and found that people buy furniture in five situations: income increase, marriage, improvement of residential environment, promotion, and addition of new population to the family. These five factors have become more and more effective in our industrialization and urbanization.

For the future development of the furniture industry, many people believe that the Chinese have a traditional concept of “home ownership”, and the value-added function of real estate determines the rigid demand for housing, and this self-sustaining demand will inevitably result. The need for renovation, so from the perspective of demand-determined market, the potential of the future furniture market is still very large.

The industry believes that no matter in any age, people have the desire and requirements to pursue a better life. Due to this potential demand, under the premise of people's growing material living standards, it is the goal of people to create a comfortable and enjoyable home. These constitute the rigid demand for the future development of the furniture industry.

With the development of the city, the transformation of the village in the city, the construction of the new city, the real estate volume will continue to be a gradual growth process in the future, which will provide a strong guarantee for the development of the future home industry. The improvement of residents' living standards and the continuous innovation of furniture products will shorten the cycle of people replacing new home products. Therefore, the future of the furniture market is very broad.

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