The conversation between human and AI assistant.
How do u think about the house price in China?
Why do you think the housing prices have been increasing in China?
There are several factors that contribute to the rising housing prices. One major factor is the increase in demand for housing due to the country's growing population and urbanization. Another factor is the limited supply of land and properties available for development, which drives up the price of existing homes. Additionally, economic growth and increases in income have allowed more people to enter the real estate market, further driving up prices.