You can't forcibly maintain a product that costs 3,000 yuan per square meter at a price of 15,000 yuan per square meter.

The core of stabilizing the property market is to maintain this arbitrage space. The problem is that in today's real estate market, this arbitrage space is hard to sustain because the current generation of ordinary people is facing temporary difficulties. It's becoming increasingly difficult for them to take out 30-year loans with real money to help stabilize this market.

When discussing 'stabilizing the property market,' we should seriously consider that if we want ordinary people to continue investing, we must reasonably demonstrate that this arbitrage space exists not only in the new home market but also in the second-hand market—and the very existence of this phenomenon is highly 'anti-market.'

You can't just talk big about 'the market' only when it's about one-way arbitrage and capital injection.