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Is Haizhu District of Guangzhou a rich area?

Yes, the houses in Haizhu District of Guangzhou have been really expensive in the past two years for the following reasons:

First, Haizhu District of Guangzhou is an industrial zone. In the past two years, the number of small businesses has increased and the number of immigrants has also increased dramatically. Especially in the past two years, tens of thousands of people in Zhejiang have set up micro-printing plants, and others have to work. These people have to have a place to live, so this is one of the main reasons why houses in Haizhu District of Guangzhou are expensive. Second, small bosses who do small business in Haizhu District of Guangzhou are richer and will buy several houses for speculation, so the more they speculate, the higher they earn. Third, people in Haizhu District of Guangzhou have money and will invest in real estate speculation. How many people in a family have a set of real estate licenses? Think about it. It is more difficult for low-income groups and scholars to buy a house than to push the sky! At present, there is no one to supervise the micro-printing factory in Haizhu District of Guangzhou, and the population will only increase, especially Xinye Road in Haizhu District of Guangzhou.