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Why doesn't the price of Jinghu Mountain Villa in Laoshan go up?
The economic level can't keep up. The rise in house prices must be based on the future level of local economic development. When the economic level can't keep up, house prices can only stabilize and it is difficult to rise. Laoshan Jinghu Villa Community is located in Laoshan District, Qingdao, and was completed in 2009. The residential property is Qingdao Tongda Property Management Co., Ltd., which was built by Qingdao Laoshan Jinghu Real Estate Development Co., Ltd. 1998. The total number of buildings is13,320 households.
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