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Will the cost of buying a house decrease after canceling the shared area?

The move to scrap communal space - the space in a house used for communal areas, including hallways, stairwells and other common parts - is a policy change driven by a desire to lower home buyers' purchasing costs. In the past few decades, communal area has been one of the focuses of home buyers.

Will the cost of buying a house decrease after canceling the shared area?

The removal of the shared area means that the floor area of a home buyer will more accurately reflect the actual use space of the property. This means that home buyers will be able to better control their living space and can decorate and remodel according to their individual needs. This also helps to increase the transparency of the real estate market, allowing consumers to buy properties at fairer prices.

However, this policy also faces some challenges. First, because the pool area is calculated according to a certain proportion, if the developer wants to reduce the pool area, it must increase the construction cost in other aspects accordingly. Second, there may be certain problems for those listings that do not meet the pool standards. For example, these listings may not meet the housing demand standards in certain areas, which are often set by the government.

In general, the abolition of shared area can bring greater convenience to home buyers, but it is also necessary to consider relevant supporting measures to ensure the effective implementation of this policy. At the same time, we should also recognize that when economic conditions permit, home buyers can choose to buy larger or better houses, rather than pursuing small apartments too much.

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