Reported about 1 year ago
Despite multiple rounds of measures to curb property speculation, the housing prices continue to rise with many first-time buyers entering the market, shifting the focus from encouraging homeownership to promoting speculation. The government aims to respond to public discontent over high housing prices but ends up inadvertently fueling the market frenzy by creating favorable conditions for investment. It is crucial for government departments to adopt a systemic approach to address the complexities of the housing market and ensure sustainable development aligned with economic stability and moderate growth.
Source: YAHOO