方正证券最新报告指出,城镇化、居民收入和货币超发,造就了中国一二线房价只涨不跌的不败神话。中国房地产并非简单的居住功能,而是捆绑着户籍、学区等资源的综合价值体。目前空置率整体接近或已达到严重积压的警戒线,三四线比一二线更严重。
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