[Shanghai Housing Administration: it is strictly forbidden for real estate brokers to fabricate and spread information about price increases will step up investigation and punishment] Wang Zhen, director of the Shanghai Municipal Housing Administration, said in an interview with the people's livelihood of 2023 on 21 April that in order to maintain the stability of housing rents in Shanghai, Shanghai will take measures in three aspects: First, we should give full play to the role of indemnificatory rental housing as a "stabilizer" and make it clear that the rent of indemnificatory rental housing should be lower than the level of market-oriented rent of the same quality in the same location, and the rent should be less than 10% discount on market-oriented rent. The annual increase is not higher than the increase in market-oriented rent in the same period and not more than 5%. At the same time, it should be publicized to the society to guide the market-oriented lessors to set a reasonable price. Second, it is strictly forbidden for housing leasing enterprises and real estate brokers to fabricate and spread price increase information, bid up prices, and restrict them by strengthening investigation and punishment and industry self-discipline. The third is to establish a monitoring and early warning mechanism for housing rental prices. it is clearly stipulated in the regulations on Housing Leasing in Shanghai that when housing rents rise significantly or may rise significantly, it is clear that the municipal government may take price intervention measures such as price increase declaration, rent restriction or rent increase in accordance with the law.