The Beijing property market collapsed in 2024! Luxury homes in Chaoyang District are selling for 50,000, with unit prices plummeting, from sky-high kings to cabbage prices. Is the property market in China's first-tier cities about to collapse? China's economic crisis | Beijing property prices | Shanghai property prices | Guangzhou property prices | Shenzhen property prices | Hangzhou property prices | Chongqing Tianjin Zhengzhou Chengdu Xi'an Wuhan Nanjing Suzhou

The Beijing property market is experiencing an unprecedented crash, with luxury homes in core areas, regular residences, and even suburban properties all witnessing significant price declines. Formerly sky-high luxury homes are now heavily discounted, with prices plummeting rapidly. Well-known luxury residences like Poly Central Park and Phoenix City are seeing shocking low-price transactions. The latest data indicates that the number of second-hand homes listed in Beijing has exceeded 145,000 units, with developers desperately slashing prices to survive. Coupled with the nationwide property market downturn, industry experts predict that both Beijing and national property prices are likely to hit historic lows.

The Beijing property market has completely collapsed! From luxury to regular residences and even suburban properties, prices have plummeted drastically. This video reveals the truth about the Beijing property market, with luxury homes facing grim situations as developers rush to sell, and first-tier cities enter a frenzy of massive price reductions! As property prices hit rock bottom, an irreversible tragedy is looming! Come witness the desperate struggle of the Beijing property market, and see if there's any chance of recovery!

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