Core Insights - A man in Henan purchased a 70 square meter seaside property in Weihai, Lushun for 80,000 yuan, highlighting the stark contrast in real estate prices across different cities [1] - The emergence of numerous "1 yuan starting bid" properties in Lushun raises concerns about the legitimacy and hidden costs associated with these low-priced listings [3] Group 1: Pricing and Market Dynamics - In June alone, 216 properties were listed with starting bids as low as 1 yuan, indicating a trend of attracting buyers with seemingly unbeatable prices [3] - Some properties have starting bids as low as 0.5 yuan, but the required deposit can be as high as 11,000 yuan, suggesting a strategy to lure buyers into a competitive bidding environment [3] - The average price of seaside properties in Lushun has dropped below 2,000 yuan per square meter, yet issues such as lack of amenities and absence of centralized heating in winter may significantly affect living conditions [3] Group 2: Bidding Strategies and Costs - There are reports of intermediaries manipulating prices by using "shills" to create a false sense of competition during auctions [3] - Successful bidders may face additional hidden costs, including platform service fees and commissions, which can total 5% to 6% of the final transaction price [3]