A 1 Billion Dollar Solution Keep reading: Chengdu has over 10,000 judicial auction properties, and more than 300,000 second-hand homes listed for sale. The market is now stuck in a dilemma: Buyers don’t dare to buy, afraid prices will drop further. Sellers don’t dare to lower prices too much, afraid of losing out. Do you see the problem here? There’s no liquidity. The root cause is that both buy and sell orders (limit orders) have been pulled. This is just like cryptocurrency. In a market without liquidity, capital won’t flow in. How do we solve this problem? The root cause is the lack of market makers. So my suggestion is simple: the government should introduce market makers to provide liquidity. This solution is worth 1 billion. Because economists and experts don’t understand this system at all. Introducing market makers only requires ensuring that listed second-hand homes are sold within 60 days. If 1,000 homes are sold daily, it would take less than 10 billion in capital to kickstart the process. As long as liquidity is provided, both buyers and sellers will become active. Once the market is alive, housing prices won’t spiral downward. Got it?