From mid to long term perspective, the increasing structural oversupply and gradually disappearing demographic dividend have negative impacts on Chinese real estate industry. ANBOUND think tank scholars highlighted that, the possibility for RMB to appreciate is not that promising given that U.S economic is recovering and Chinese economic growth is slowing down. The combination of various risk factors will lead RMB exchange rate to reach a plateau. Once it enters the era of two-way volatility, foreign capital investment demand in China will reduce. The huge amount of capital that invested in real estate industry during RMB appreciation might be considering investing in other industries or abroad. This will certainly weaken the capital supply for real estate.