Hello, my friend, I graduated from real estate, engaged in real estate planning. At present, the domestic CPI has reached a new high, prices have soared and the currency has depreciated. It is said that real estate is a safe haven for money, mainly based on the characteristics of real estate, which has the characteristics of long-term use, preservation and appreciation, regionality and immovability. Here mainly refers to the preservation and appreciation of real estate. If spare money is deposited in the bank, it will cause negative interest due to inflation and currency depreciation. For example, if you have 500,000 yuan and deposit it in the bank 10 years, the total principal and interest will be 700,000 yuan. On the surface, 700 thousand is more than 500 thousand. In fact, due to currency depreciation and rising prices, 700,000 ten years later is not as big as 500,000 now. On the other hand, if you buy a house with 500,000 spare money, the house will appreciate to 6,543,800+0,000 in a few years, which will offset the devaluation of the currency and make a profit. Simply put, real estate is a hedge against currency depreciation.

I hope my answer will satisfy you.