地方政府纷纷通过人为压低价格向投资者出售土地以获得发展资金，这就刺激了大量投资流入房地产开发，导致房地产价格以不可持续的高速度增长。
And local governments’ effort to finance development by selling land to investors at artificially low prices has spurred massive investment in real-estate development, causing property prices to rise at unsustainably high rates.