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Why did Wuhan Baishazhou Xinli City reduce its price?

The reasons for the price reduction of Wuhan Baishazhou Xinli City are as follows:

1. Great market competition leads to construction disputes.

2. The air quality is poor, and there are hidden dangers of leakage and explosion in the surrounding pharmaceutical factories and chemical warehouses.

3. The greening is not good enough, and the scenery in the community is not as good as other communities.

4. Buildings such as thermal power plant, heat source plant, natural gas storage tank, gas station, substation and chemical plant have been built nearby. Residents are worried about the impact on their health, so they are reluctant to buy a house in Xinli City, Baishazhou, Wuhan.

To sum up, the main reasons for the price reduction of Wuhan Baishazhou Xinli City are market competition, environmental problems, greening conditions and the influence of surrounding buildings.