Has the real estate price inflection point arrived?

PortfolioAlert

2026-03-20 13:35:50

Abstract generation in progress

A female buyer in Chengdu went viral after sharing her experience of purchasing multiple “old, dilapidated small apartments” on social media.

According to her, she asks about dozens of units a day. Major real estate agencies within Chengdu’s Second Ring Road are almost all helping her find properties, focusing only on “old, dilapidated small apartments” with a total price of 300,000 to 400,000 yuan and a rental-to-price ratio exceeding 5%. The eight old, dilapidated small apartments she purchased cost a total of 3.3 million yuan, with a loan of 2.2 million yuan. The total monthly rent is 21,000 yuan, which not only covers the entire monthly mortgage of 14,000 yuan but also leaves nearly 10% profit.

After covering the mortgage with rent, there is still surplus income, effectively making money with bank funds. Using bank loans as leverage, the more she buys, the more she earns.

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