Following the property de-stocking policy introduced by various local governments, the country's real estate market has warmed up rapidly but the noticeable increase in property price are limited to the first-tier cities or the hot areas and adjacent areas in the second-tier cities, the de-stocking situation in the third and fourth-tier cities which is in dire need of de-stocking is far less than ideal.

ANBOUND’s scholars point out that main purposes of the property de-stocking policy introduced by the central government are to reduce the debt level and financial risk in banking sector, the real aim is never about stimulating the real estate development by financial leveraging method but rather is to de-stock.

In brief, subtraction instead of addition should be done to the country’s real estate industry.