The property market in 4-tier cities has begun to collapse, and it has risen and fallen fast. The county-level city in central Zhejiang, the capital of hardware, a new real estate on the edge of the hardware avenue, before the opening unit price of 36,000 and many people rushed to buy, now the opening price has been sold to 27,000, the average is 30,000, and there are fewer people to buy.
Yongkang this place, very distinctive, the place is small and rich people, the house price rise is very exaggerated, because the market is small is better "control". Where there are many rich people, the sense of making money is strong, why buy a house? The main thing is to make money by buying a house, not a real demand, on the house, these people have big houses in the country. So the price that goes up through the hype goes up fast and comes down fast.
Those who say that buying a house can resist inflation, the house let him lose 20% first. Real estate has accumulated a huge bubble in the past few years, and now it takes many years to digest this bubble, and in many places the bubble must be broken.
![The 1995 Korea Department Store collapse: within 20 seconds the building collapsed to the ground and 502 people were buried alive[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)