Core Viewpoint - The article discusses the severe decline in housing prices across China, particularly focusing on six cities that have experienced the most significant drops, with an average national price decline of 30% since 2022 [1]. Group 1: City-Specific Analysis - **Anqing, Anhui**: Housing prices fell from 5,000-6,000 yuan per square meter in 2019 to 2,500-4,000 yuan, a drop of 48.2%, attributed to urban-rural development imbalance and population outflow [2]. - **Ulanqab, Inner Mongolia**: Prices decreased from 6,000-7,000 yuan to 1,800-3,000 yuan, a decline of 46.2%, due to reliance on agriculture and lack of job opportunities leading to youth migration [3]. - **Langfang, Hebei**: Prices plummeted from 28,000-32,000 yuan to 12,000-15,000 yuan, a drop of over 62.8%, caused by strict housing policies and the exit of speculative investors [4]. - **Hegang, Heilongjiang**: Prices fell from 3,500-4,000 yuan to 1,000-1,500 yuan, a decline of over 53.7%, due to resource depletion and limited job opportunities [5]. - **Lanzhou, Gansu**: Prices decreased from 15,000-18,000 yuan to 5,500-8,000 yuan, a drop of over 50.3%, influenced by ecological restrictions and economic stagnation [8]. - **Xishuangbanna, Yunnan**: Prices fell from 10,000-12,000 yuan to 3,000-5,000 yuan, a decline of over 50.8%, due to the collapse of tourism and real estate speculation [6][11]. Group 2: Underlying Causes - The significant price drops in these cities are not isolated incidents but are driven by multiple factors, including previous overvaluation of housing prices, continuous population outflow leading to reduced demand, and a lack of diverse industries resulting in limited job opportunities [11].