"What you said is right. The real estate industry is not as easy as before. That's because the rules of this industry are almost perfect and the competition is very large. The most important thing is that everyone flocks to big cities and has basically developed the places where big cities can develop. Now that the national policy regulates, of course, many companies with problems in their own operations will naturally not be able to withstand it. To be honest, there is really not much to do in big cities now, especially in these megacities. For these cities, the real estate industry has already reached a decline. However, for other cities that are not yet considered big cities, in our opinion, the real estate industry belonging to third-tier cities has just begun." Lu Ying analyzed.

"I understand the truth. In recent years, I have also paid special attention to the relevant situation of the real estate industry in Datang Group. Second- and third-tier cities have potential, but the profit margin is not high. The land prices in these cities have risen, and the labor costs are not much lower than those in first-tier cities. However, these cities have a wide area, but the population flowing into these cities every year is too small, and the demand for buying houses is insufficient, and the market is not large. This determines that housing prices are difficult to rise, and the profit margin is not large. Overall, I think there is not much operability, which is why almost no large real estate companies have entered these cities at present." Ye Lingtian said his analysis. In recent years, at Datang Group, he has indeed had a lot of understanding of the entire real estate industry.

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To be continued...