According to Zong Xu, the head of the Central Bank's research bureau, the rapidly rising housing price not only affects the economic development, transformation, and upgrade but also has created a series of negative impacts. The crowding out effect of consumption will be the first to feel the impact, then the impact will be extended to the business investment activities, consequently dragging down the growth of total factors production, and eventually this will widen the wealth inequality. The Central Bank has determined the basic directions and policy space of the domestic property market after conducting fundamental analysis of the property market.