Talked to a friend who worked at the bank the other day, saying that there had been a sudden drop in the number of people who had recently visited the internet to pay their mortgages earlier。
Upon enquiry, it became clear that not everyone was suddenly rich, but that the interest rate on mortgages was now below 3 per cent, with a large number of people lending 2. 85 per cent of their GDP. You've got 2. 3% of the proceeds of a three-year national debt. This logic just made it clear that he threw another sentence: you know, 85 inches of television are less than $5,000, pork is more than $7, and second-hand cars don't pay。
Words offend four industries。
Good -- that's good。
If you start with the house, we'll talk about the house。
In july 2026, if you open the circle of friends of any real estate broker, you'll probably see a repeat: “it's the best time to get on the bus in almost five years. It's not the same
That's a lie。
The real part is, the data is there. In june 2026, the average second-hand residential price in 100 cities fell by 7. 26 per cent over the same period. In the last three years, housing prices in the heart of the first-line cities have not collapsed, but houses in the outer suburbs and in the third-line cities did fall back to levels around 2019. A friend of guangxi said that he had been hanging out of a 140-square house in the county for six months and that the broker had directly advised him to reduce the price by 100,000, saying that he would no longer have a housekeeper。
The false part is that the word “carrying” itself implicitly presupposes that the house price will rise。
But that premise is not very well established。
In the first half of 2026, the completion of new commodity houses throughout the country continued to increase, as did the entry of secure housing and communal property units. To be honest, there are too many houses in the market and there are not enough people to buy them. For the second half of the year's performance, discounts, parking space and renovation subsidies are generally available. The bargaining space for owners is also expanding over the used room。
You asked me if i could buy it
If you really need it, like getting married, having kids in school, having a family of five in a 40-square rental room -- it's really a good time to negotiate. There is a general direct discount of 3 to 8 per cent for new housing in cities on the 3rd and 4th line, and 5 to 10 per cent for peri-urban areas on the 2nd line。
But if you're an investor with two suites in your hand, you're trying to get the bottom of it -- that's enough. Now the house is not a flurry of gold, the cost of holding it is high, and the return on the rent is not going to win, rather than put the money in its hand。
The car's over there, more fun。
In july 2026, fuel and new energy vehicles were running simultaneously in a price war and in a completely different manner。
The fuel truck was forced. Joint venture brands are the most difficult, with a combined discount of $10,000 to $28,000 for compact sedans and 30,000 for medium suvs. There's even a dealer selling on a cost line. New cars are cheaper than used ones. This has led to the current image of the used car market: people who collect cars are afraid to offer a price, fearing that the new car will fall again tomorrow。
The price reduction for new energy vehicles is not the same. Battery-grade lithium carbonate prices dropped from 600,000 tons in 2022 to the current 80,000 tons, and the overall cost of the vehicle dropped sharply. In addition, in order to take the second half of the year's share of cars, it began in july with a net reduction of between 5,000 and 15,000 for 50,000 and 150,000 for new domestic energy vehicles, a build-up of replacement subsidies and government purchase of car vouchers, with a combined discount of between 20,000 and 35,000。
You asked me if i wanted to change cars
One thing is, if your car's still driving properly, the failure rate is low, it's unnecessary. Cars are consumables, discounts on landings, and savings are not enough for depreciation in order to reduce prices for new vehicles。
But if your family's car does come in time for a change -- for example, if it's over 10 years old, if it's malfunctioning, or if it's got two children in it that need big space -- - july to september was indeed the year of the highest value for money。
And then there's the number of home appliances。
The price reduction logic is simpler than that of houses and cars: overcapacity, overblown brands and state subsidies。
A typical figure: 85 inches of television is now less than $5,000, and three years ago this size of product was sold at least 15,000. Air conditioners, refrigerators, washing machines, etc., are powered, and under-line shops are offered a 70 to 80% discount on their purchase packages, which are also sent for installation and extended maintenance. Most importantly, primary energy-efficient household electricity and specific subsidies for energy-efficient products, which are directly posted by the state and can be used on a preferential basis with businesses。
The same goes for the cell phone. New digital products were released in 2026, and the prices of the previous generation were continuously lowered. It is normal for the medium-end smartphones to be reduced by $500 to $1,200, and the discounts for light office notebooks reach more than $1,000。
There's only one thing i suggest: don't buy anything for a discount。
If your house is about to be renovated or the air-conditioning fridge is broken... - take advantage of the july window period of centralized procurement, and prioritize a level-i energy efficiency savings package. Buy once, save years。
But if you just think, "this is a good price to pay," then you buy it back and you probably eat ash. The replacement cycle for electronic products does not need to be too short, and the equipment is kept in its own pocket when it is used properly。
The price of consumer goods is lower than the price of a house or car, but it is longer and more real。
Let's start with the food. In the summer of 2026, there was a good harvest, sufficient food reserves, and the price of flour was going down. The drop in pork is even more pronounced — the number of raw pigs out of the bar remains high, and the price of pork has fallen steadily。
Last week i went to the supermarket, and it was only $14. 8 a pound, almost 30% cheaper than the beginning of the year. Vegetables are on the market in large quantities during the season, and the prices of common vegetables, such as tomatoes, cucumbers and eggplants, have fallen sharply over the first half of the year。
Say it again. Laundry fluids, toilet paper, washing and cleaning materials are being adjusted for supply prices by major brands. The mother-and-child category is much more exaggerated, and the brands of milk powder and paper diapers are highly promoted quarterly, and bulk purchases are cheaper。
The sense of proportionality is important。
Food and oil are not hoarded, buy and eat, and refrigerators are easily broken. It is not wasteful, and not too much, to take advantage of the fact that daily washing, mother-and-child supplies, paper towels, which are long-lived and fast-consuming items can be accumulated for about six months at reduced prices. It's a waste。
This round of price falls, people are anxious, people are happy。
Anxious people feel that everything is going down, that the economy is going down, that deflation is coming, that wages are going down。
The happy people feel that it is a return to the truth of life — the stripping of the financial attributes of the house, the drying up of the car's brand premium, the removal of the iq tax on household electricity, and the reduction of the daily goods broker. Behind every drop is the market telling consumers that every penny you spend is getting closer to its true value。
There's no need to rush to buy what's not needed. But what you really need, now buy, is more cost-effective than ever。
