land supply. The second point: economic policy easing, liquidity is too large. Prior to the case of several years of economic growth is always rely on to increase the money supply to complete, thus causing a few years of rapid price rise in the CPI and PPI data is always maintained there is no inflation occurred, hidden inflation is actually higher in the year , while commodity price inflation is the best proof. Inflation accelerated devaluation, naturally there will be demand for investment capital and property preservation needs into real estate, giving rise to strong demand for the real estate market situation, naturally and gradually increase the scale of demand for land. The third point: the acceleration of urbanization. Although the reason for the current real estate investment and speculative madness groups can purchase a fixed asset revaluation gain or hedge against inflation, but real estate is still ultimately support the population urbanization, income and consumer spending despite the current urban population are unable to play a supporting role in the real estate But the scale of housing demand is still gradually enlarged, according to Beijing, Shanghai and Shenzhen and other places annual population growth rate, even if there are up to 5% of the population income buyers, restrictions on land supply in the housing market led to lower supply is limited, too will absorb more than 60% per year of new commodity housing size, the remaining 40% in the hands of speculators and developers cover plate, you can continue to push prices higher profit. Previously, we have seen 70% of real estate investment group bought was actually a disguised cover plate behavior, the use of monopoly capital markets to create panic push prices. The fourth point: policy support. Although in recent years we can always see