There are too many hot money people, those doing e-commerce, live streaming, and even those involved in illicit activities.

They make money so easily, and some earn through gray income.
Money has nowhere to hide, so it’s hidden in small property rights houses.
Half of the real estate in Shenzhen is small property rights.
Small property rights are not connected to the internet and not included in statistics, so no one knows who the owner is.
But a house can start at a million, and even with a few billion, you can easily hide it.
It’s like a physical version of Bitcoin.
Additionally, there are two major advantages.
First, rent can reach about 3%.
Second, during demolition, they will contact you and compensate you.