Anchor Says | Someone Starts Bulk Buying Old, Dilapidated, Small Properties, Buyers Frankly Say: 3.3 Million for 8 Units, Monthly Rental Income 2.1 Million

Someone has started bulk “bottom-fishing” for old, dilapidated small apartments, even buying seven or eight at a time like buying cabbage!

Mr. Li from Tianjin spent 3.5 million yuan, paying in full for 7 “old, dilapidated small apartments,” now earning 15,000 yuan in rent each month. A female buyer in Chengdu was even more aggressive, purchasing 8 units for a total of 3.3 million yuan, with monthly rental income of 21,000 yuan!

Why has it suddenly become popular? An agent revealed the truth: it’s not that old, dilapidated small apartments have improved, but that prices have fallen to the right level. In this round of housing price adjustments, old, dilapidated small apartments are the main target of price cuts, with some even “over-dropped.” For example, in Tianjin, you can buy a two-bedroom in the core area for 500,000 yuan, and in Chengdu, you can get on the property ladder for just over 300,000 yuan, while rental income remains stable around 2,000 yuan. Currently, the average rent-to-price ratio across 8 cities is 2.67%, higher than the 1.9% five-year fixed deposit rate, ensuring steady cash flow, which naturally attracts buyers.

But experts warn: beware of “earning rent but losing principal”! Bulk buying faces risks such as vacancy periods, maintenance costs, and even the possibility that no one will take over in the future. Remember, a house is first and foremost a house, and only secondarily an investment.

(Comprehensive report from Haibao News, edited by Zuo Xiaoming, Li Shuo Lin, Zhang Guang, Huang Xiaorong)