Planning to sell the house in Hegang, Fujian

PortfolioAlert · 2026-03-07T14:48:23+00:00

The author reflects on their experience of buying a house ten years ago. Despite investing 200,000 and taking out a loan of 550,000 at the peak, due to a decline in housing prices, the current transaction price of the house is only 370,000. Ten years of real estate investment have been in vain, and they feel heartbroken for not being able to enjoy the value and lifestyle that property can bring.

PortfolioAlert

2026-03-07 14:48:23

Abstract generation in progress

Ten years ago, at the peak, I spent six years’ worth of savings—20,000 yuan—on a house that was booming at the time, with a loan of 550,000 yuan. It was my first house, and I was very passionate about it, so I didn’t sell it even when prices surged. Two years ago, due to the decline in Xiamen’s housing prices, I considered selling the house. At that time, I listed it for about 550,000 yuan, but now the market transaction price has dropped to around 370,000 yuan.
The first house I bought in my life cost me most of my original savings and a lot of effort, but I never got to enjoy it. I still have to pay property fees and mortgage principal and interest, with about 100,000 yuan left on the loan. Thinking about ten years passing in vain, it’s truly heartbreaking.

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