It now seems that the major reason the past round of second-hand home price increases couldn’t be stopped was that new home (market) prices were propped up, so the government could benefit from the land-transfer fees from new home sales. Once prices couldn’t be maintained, the new homes’ standards had already been set; second-hand homes were simply left to crash, while new homes could still keep selling at high prices by relying on consensus and new product standards, thereby collecting tax revenue.