This year, housing prices in Shenzhen have skyrocketed and will continue to rise to the end of the year or early next year. The main reason is that the overall economy is not good, overcapacity, and the wealth accumulated by ordinary people in these decades has no place to invest. So a lot of money flowed into the stock market, and that's how the bull market came about. Another part of the funds flows into the first-line and a small number of second-line property markets, and other cities are saturated and have no investment value. The particularity of Shenzhen, with a large population and a small land, is seriously in short supply. Coupled with Shenzhen's domestic competitiveness, it is the first choice for private capital to flow into the property market, which will lead to explosions.
And now that the country has gradually liberalized the purchase restriction, the real estate industry will be completely market-oriented, and the property market just needs that big. Do you think the house price will go down?