Why did Evergrande Venice fall so badly?

This situation includes but is not limited to the following aspects:

1. Market demand: Evergrande Venice is a large-scale complex project, covering residential, commercial, tourism and other formats. In the real estate market environment, the demand of buyers may be affected by various factors, such as economic situation, policy adjustment, market expectations and so on. If the market demand decreases, the real estate price will fall.

2. Real estate policy regulation: The government has carried out a series of regulation and control on the real estate market, including policies of restricting purchases, loans and sales. These policies have had a certain impact on Evergrande Venice.

3. Market competition: In the real estate market, competition is inevitable. Rivals of Evergrande Venice may also include other real estate projects, such as other sea view rooms. If these competitors' projects attract a large number of buyers, the price of Evergrande Venice will be under pressure, leading to a decline.