Chapter 169: Plan Proposal (Additional Chapter 5)

The conference room was silent, and all eyes were focused on Helen Blair as they awaited her response.

Helen spoke calmly, "The overheated real estate market now has attracted many speculators converging in Bayspring. Because of the numerous speculators, housing prices will continue to rise. The current average price of housing is close to 20,000/square meter. How many ordinary people can afford it? The ratio of housing price to income, the rent-to-sale ratio, and the vacancy rate have all become abnormal, and a real estate bubble is forming."

Ruby Carter sneered, "The real estate bubble theory again? This is not a fresh topic. But you have to understand that the real estate bubble is a product of the market economy. Even if there is a bubble here, it won't burst!"

People beneath them nodded in agreement. A collapse of the real estate market would have a significant impact on the country's economy. The country certainly would not stand idly by and let this happen.