The government is worried about real estate bubbles and the growing resentment towards skyrocketing house prices among ordinary people, especially those dwellers of municipal cities. According to a recent study, more than 1 in 5 homes in Chinese cities are empty.[2] However, at the same time, for a young couple in Shanghai, they have to work for 24 years without spending a single penny to save enough money to buy a moderate flat. In response, the government tries to adjust the structure of house supply and clamp down on house prices at the same time. For the former, it is easily said than done. As a result of the latter, growth of real estate investment has fallen to 12.6 percent up to October in 2014. Now even the most bullish real estate developers have changed their views and admitted that real estate investment is likely to fall further in 2015.