In this year, the first and the second-tier cities' domestic property market remains to be popular, and the risk of property bubble has attracted the attention in China and in abroad. Anbound research team believes that suppressing China's property bubble is a complex question; its macro roots lie in urbanization causing excessive capital, which results in the rise of property price and finally property bubble is formed. Local governments cannot do much on this, the solution lies in integrating curbing the excessive growth of credit, accelerating farming land system reform, increasing more effective supplies, as well as introducing real estate tax and other related taxes as soon as possible.