Part 7/9:
Economist predictions suggest a continuing downturn in property prices, with many believing that a large portion of the middle class could fall into poverty by 2025. Local governments, once reliant on land sales for revenue, now face significant debt, and some have begun resorting to real estate transactions to settle their financial obligations. As predictions line up to depict a bleak future, discussions spotlight the stark contrast between luxurious first- and second-tier city programs and a potential collapse in third-tier and rural markets.