What Is an Occupancy Rate?

Occupancy rate refers to the proportion of users who actually use the building, not the proportion of users who buy a house.

Occupancy rate

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Occupancy rate refers to the number of users actually using the entire building, not
Empty housing means low occupancy, and low occupancy is not a good phenomenon.
The former reflects the sales performance of developers, while the latter touches the essence of the market. The low occupancy rate covered by the low vacancy rate is one of the characteristics of China's real estate market. Paralysis of this may lead to misjudgment of the market prospects. The reasons for the low occupancy rate of new homes are complex, and the existence of a large number of investment and purchases is one of the important reasons. Both the low vacancy rate and the occupancy rate reflect the booming real estate market on the one hand, and on the other hand show that the demand for investment real estate is strong, which seriously distorts the market. Speculative house purchases pushed housing prices higher, suppressed the reasonable housing demand of vulnerable groups, and caused the illusion that the housing market was in short supply. A lot of hot money was invested in real estate, which brought too many bubbles to the market. The low occupancy rate also brings difficulties to property management. The property company asks the unoccupied owners for fees, which is more effective, and affects the improvement of management quality. It is imperative to curb real estate speculation and return occupancy to normal levels. The occupancy rate is within the normal range of 80% -90%, and less than 50% is generally not provided!

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