Came across a single mother in Beijing, living in a hotel with her child to attend school. Three years ago, her 26-square-meter old and dilapidated apartment in Dongcheng District was demolished, and she received 4.87 million yuan in compensation. At that time, Beijing had purchase restrictions, with a 60% down payment required for a second property, and buying a new school district house would cost 20 million yuan. Her 5 million yuan was not enough for the down payment. So she didn't buy it, which was a stroke of luck because this year the purchase restrictions were significantly eased, and everyone knows how the housing prices have performed.