Not long ago, the Political Bureau meeting of the CPC Central Committee proposed to resolve the real estate market problems. The real estate problem has become the focus of quite a few economic problems in China. With the financial system and local finance increasingly trapped by real estate, the financial system has become the largest land reserve. The leverage attribute created by credit and currency makes it produce the super prosperity of real estate, and at the same time, also lead to panic and collapse. In the past centuries, the history of financial crises around the world has been accompanied by the bursting of the real estate bubble. The lessons of history warn us that any abnormal distortion is unsustainable, every inflated bubble will burst sooner or later, and the greedy will eventually turn to fear. No responsible government will sit idly by and indulge the boiling real estate bubble. Therefore, when the market is in a high-risk state, it is necessary to save for a rainy day and take precautions beforehand. The bubble cannot be violently burst, nor can it expand again. Therefore, there must be something behind the "decision" proposed by the Politburo meeting.
