Do not use real estate as a short-term means of stimulating the economy , I am afraid it is also no

"Not to use real estate as a short-term means of stimulating the economy", I am afraid it is also "impossible". Resident leverage increased by 1.1 percentage points in the first quarter. Housing mortgage loans reached 25.8 trillion yuan at the end of 2018, accounting for 54% of all resident loans. Eight cities with resident leverage above 100% almost all correspond to high housing prices. As a result, real estate has "harvested" the demographic dividend, urbanization dividend and nothing to digest.