China has faced a property crisis in recent years due to a combination of factors, including high demand for housing, limited supply, and government policies that have contributed to rising prices. There are a few potential ways that China could address this crisis:

1. Increase the supply of housing: One way to address the property crisis is to increase the supply of housing, particularly in urban areas where demand is high. This could involve building more public housing or encouraging the development of private housing through initiatives like relaxing zoning laws or providing tax incentives.
2. Implement policies to control demand: The government could also implement policies to help control demand for housing, such as raising interest rates or increasing down payment requirements for mortgages. This could help to reduce the number of people who are able to afford to buy homes, which could help to slow the rise in prices.
3. Encourage the use of alternative housing options: China could also encourage the use of alternative housing options, such as shared housing or co-living arrangements, which could help to increase the overall supply of housing and make it more affordable for people who might not be able to afford to buy a home.
4. Address underlying economic factors: Finally, China could address underlying economic factors that contribute to the property crisis, such as income inequality or the lack of affordable rental options. This could involve implementing policies to increase wages or expanding rental assistance programs.