House prices are not determined by the government, at least not entirely. Hot money flowing into China has reached a trillion-dollar scale. Now that they've made several times the profit, they're just waiting for the dollar to enter an interest rate hike cycle before gradually withdrawing from China. Once the tide recedes, the Chinese speculators left on the beach will either die of thirst or be scorched to death. Will the government come to the rescue? Poor developers and speculators, you need to understand: if the country rescues the market, it would create great turmoil in China.