In 1992, the chief designer inspected Shenzhen and said when he saw the newly-started high-tech industry, he said on the spot: The higher and the newer, the happier I am. I am happy, the people are happy, and China is happy. It’s time to develop. At that time, no city in China could be called a world-class city, and China’s GDP ranking had just entered the world’s top ten. Shenzhen was also very young that year.

It has been said that in 2020, 28 years later, Shenzhen has achieved leapfrog development. In 2019, Shenzhen’s GDP exceeded 2.6 trillion yuan, an increase of about 7.0%. The added value of industrial enterprises above designated size increased by about 6.0% year-on-year. The full-caliber financial income of the jurisdiction is 942.4 billion yuan.

Since 2015, Shenzhen has also become the city with the most violent housing price growth. It has continued to rise. After the epidemic, it has led the country. So what is behind the high housing prices in Shenzhen? Why do the housing prices in Shenzhen continue to rise? Today’s Mr. Leng’s business vision will decrypt for you.