There is a joke that the most buildings in Hainan are high-grade residential and villa areas which have been built more than half of the time and have not yet been completed. And these places are dead because even the development companies are closed down!

It's cheaper for tramps and beggars in many cities. These high-level villas, originally developed to be sold to the rich, have become their safe havens.

"To invest in real estate in Hainan, is Guan Qiangzi out of order?" I laughed and said, "It's a famous real estate death zone... There are pieces of rotten tail buildings, all the tombstones of the dead real estate companies....