Since September of last year, Beijing has introduced policies three times to untie the property market. Li Yujia, chief researcher at the Guangdong Housing Policy Research Center, said that Beijing's housing consumption potential is the unregistered population living in Beijing. Whether it is based on immediate needs for roots, marriage, or a degree, it is the main body of demand. He pointed out that in the past, demand was not sufficiently released due to high housing prices, social security payment threshold restrictions, etc. Currently, housing prices have been adjusted quite far from their highest point, while costs such as home purchase loans, down payments, and taxes have been reduced to historic lows, and demand for home purchases accumulated in the early stages has been released. Therefore, this move will effectively promote the release of market demand and help the market volume to recover and transaction prices to stabilize.

Since September of last year, Beijing has introduced policies three times to untie the property market. Li Yujia, chief researcher at the Guangdong Housing Policy Research Center, said that Beijing's housing consumption potential is the unregistered population living in Beijing. Whether it is based on immediate needs for roots, marriage, or a degree, it is the main body of demand. He pointed out that in the past, demand was not sufficiently released due to high housing prices, social security payment threshold restrictions, etc. Currently, housing prices have been adjusted quite far from their highest point, while costs such as home purchase loans, down payments, and taxes have been reduced to historic lows, and demand for home purchases accumulated in the early stages has been released. Therefore, this move will effectively promote the release of market demand and help the market volume to recover and transaction prices to stabilize.