Xiaoqiu started "real estate speculation" under the influence of his cousin. In May 2007, my cousin wanted to buy a house for her parents to live in. He took a fancy to a house with a total price of 520 thousand and paid a deposit of 40 thousand Not long after, because my parents were not satisfied with the house, my cousin entrusted the sales office to transfer ownership. Unexpectedly, as soon as the wind was released, many buyers immediately competed for it, and some people bid 560,000. As a result, my cousin made a net profit of more than 30 thousand, excluding the fees paid to the intermediary.
The "quick money" earned by my cousin made Xiaoqiu envious, so he decided to do the same. After a period of research, Xiaoqiu finally bought a house of more than 50 square meters in July last year at the price of 1.6 million yuan/square meter, with a loan of 70% and a monthly payment of more than 5,000 yuan. Although the monthly payment accounts for more than 60% of his monthly income, all he feels is excitement.
In the next few months, every time Xiaoqiu visited the community forum, he could hear the news that house prices had gone up again. Based on her firm confidence in the property market, although she had the opportunity to sell the house at a price of 1.8 million yuan/square meter, Xiaoqiu was unmoved. His target price rose from 1.8 million yuan/square meter to 20 thousand yuan/square meter. Because he saw that the average opening price of a building next to it has reached 20,000 yuan/square meter, and the price of some units is almost 25,000 yuan/square meter.
The sweet days only lasted for half a year. After New Year's Day in 2008, Xiaoqiu suddenly felt that the atmosphere was wrong. On the community forum, a post of 16000 yuan/square meter transferring the house suddenly appeared. He began to frantically collect analysis data about the trend of house prices, hoping to find out the reason why house prices will not plummet. Xu Dianqing, an adjunct professor at China Economic Research Center of Peking University, gave a speech in 2007, which was one of the predictions that Xiaoqiu wanted to see most. Xu Dianqing said that property buyers, people who own houses, real estate developers, local governments and news media are all powerful forces to push up housing prices, and there is no reason not to go up. There are several main reasons for the decline in house prices, including industrial transfer, economic depression, rising interest rate and exchange rate, relaxation of land policy, government intervention, financial crisis and so on. In February, 2008, the third phase of Xiaoqiujia's real estate opened, and the average price of a house of 2,000 yuan/square meter was only about 65,438+2,000 yuan/square meter, and there were additional discounts such as 97% discount for subscription and 98% discount for signing within 7 days. In this way, the average price of the third-phase house has been below 1 10,000 yuan/square meter, which is equivalent to nearly 40% lower than the buying price of Xiaoqiu10.6 million yuan/square meter.
"Negative assets" came to Xiaoqiu instantly, leaving him at a loss.
At this time, Xiaoqiu can't be sold at a price of more than 1000 yuan per square meter, even if it drops to 9000 yuan per square meter, no one cares.
"I want to give it up and let it go." Xiaoqiu said helplessly. But when I asked in the bank, I found that things were not so simple. The staff told Xiaoqiu that it was unwise to cut off confession. He calculated an account for Xiaoqiu: Xiaoqiu's house was originally worth 800,000 yuan, with a loan of 560,000 yuan and a unit price of 6.5438+0.6 million yuan/square meter. At present, the price per square meter of the house is 6.5438+0.00 million, and the market value is only 500,000, which is lower than the loan amount. More importantly, if Xiaoqiu chooses to cut off the supply, the auction price will be lower than the market price, and there will generally be a discount of 10%-20%. The house payment that can be recovered in this way may only be 450,000 yuan, which is about 654.38+10,000 yuan short of the loan amount of 560,000 yuan.
The most terrible thing is that the bank staff told him that according to the relevant laws and regulations, banks have unlimited recourse to mortgage loans, which means that banks can recover the difference of 6.5438+10,000 yuan. In other words, even if the house is auctioned, Xiaoqiu still owes the bank 65,438+10,000 yuan. The money must be returned. "I can't escape from the rivers and lakes anonymously."
Supply interruption? This is a difficult problem in front of Xiaoqiu. Continue to pay, the high monthly payment has overwhelmed him. If he hadn't lived in his parents' house, he would have been unable to hold on. Choosing to cut off the supply not only brought more than 200,000 yuan down payment to the water drift, but also generated 654.38+10,000 yuan debt. In a dilemma, Xiaoqiu only hopes that house prices will rise again. But the situation does not seem optimistic. Xiaoqiu said that a few days ago, Shenzhen official real estate research center suggested that the government rescue the market. "This shows that it is difficult for house prices to rise again."
Xiaoqiu's girlfriend said: "He has become a frightened bird, and any news should be considered from a negative perspective first!" " "