Why can't technology replace real estate?

In a sense, high housing prices have been blocking the innovation of China enterprises. When the price control fails again and again, when the price increase leaves the profit growth rate of technology companies, including the well-known Big Mac technology companies behind again and again, some words become a cold joke.

China's real estate industry has completed its phased mission today, and there are huge profits, various transactions and games in this process, which Chinese people know well. A few months ago, Southwestern University of Finance and Economics and the People's Bank of China jointly released the Survey Report on China's Family Finance. According to the survey report, the self-owned housing rate in China is as high as 89.68%, far exceeding the world level of about 6%, while the average rate of urban suites is over 3%.