Recent Revelation and Industry Reflection from the 'Dive Pricing' of Tianjin Real Estate Market. Lately, the Tianjin real estate market has experienced severe tremors, with one suburban residential project slashing its prices by 80%. The price per square meter fell from 16,000 RMB to 3,900 RMB, knocking off more than 1.2 million RMB from the total price. This phenomenon has sent shockwaves through the industry and sparked heated public debate, highlighting the severe challenges and the pressing need for deep adjustments in the real estate market. Causes of the market adjustment include: 1. Tighter macroeconomic regulations: The nation has strengthened real estate controls, including raising mortgage rates and imposing purchase restrictions, effectively curbing speculative buying and cooling the market. 2. Supply-demand contradiction: An oversupply in the region has led developers to adopt aggressive price cuts to accelerate sales and ease financial burdens. 3. Financial pressures on developers: Some developers are facing liquidity crises, and price cuts have become a means to alleviate debt pressures. Market and government reactions: • Homeowner rights protection: Those who bought at high prices are dissatisfied with the devaluation of their assets and have started to stage rights protection activities. • Buyers on hold: New buyers are taking a wait-and-see attitude, reducing the willingness to purchase in the market.