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Why is Yanjiao Victoria House cheap?
Geographical location, market supply and demand.
1. Location: Yanjiao is located in Langfang, Beijing, far away from Beijing. Because of the inconvenient transportation, it is not convenient for people who need to travel to and from Beijing frequently, so the house price is low.
2. Relationship between market supply and demand: Yanjiao real estate market has a large supply and Beijing has a small demand, which will also lead to low housing prices.
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