Some valuable points can be summarized after in-depth and comprehensive analysis of the above crises and other problems in the international real estate market. First, real estate industry is an important driving force or a pillar industry for a country or region.
Real estate industry concerns over 50 other industries, so the development of the real estate industry closely relates to the overall economic growth. When economy is in the upside curve of the cycle, the real estate industry grows continuously. But when economy goes downward, real estate industry experiences shrinking investment and consumption.