Currently, in China's third and fourth-tier cities, there is a severe oversupply in the housing market. Anbound’s research team is of the view that following the increased downward pressure on China’s economy and the growing ageing population, the negative effects on the third and fourth-tier cities, arising from the oversupply in the housing market might take ten years to diminish. In the future, it cannot be ruled out that the inability to off-load the house might cause some of the third and fourth-tier cities to demolish the houses.