On the evening of October 13, on the eve of the Hangzhou Real Estate Expo, the Hangzhou government issued the Several Opinions on the Healthy and Stable Development of the Real Estate Market in Hangzhou, which had a total of 24 articles. The opinions touched upon many aspects such as registering residence through purchasing properties, tax and fee reduction, mortgage for second homes, housing provident fund loans, etc. However, judging from reactions of all parties in the market, few people seemed to "buy it". Statistics done by a Hangzhou website showed that 76.15% of those investigated thought that the bailout policies would not change the trend of falling housing prices and that the effect of the bailout was insignificant.