I have heard of people who lost a lot of money by borrowing money to trade in cryptocurrencies and stocks, but this time I finally saw people who lost a lot of money by borrowing money to buy a house.

I just read a couple’s story about how they bought a house in Haixia City, Hexi, Nanjing three years ago and became poor overnight, losing more than 3 million yuan! Anyone who lives near them, come and talk about it.

At that time, the couple thought that buying this house in such a good location in Nanjing, such a good community environment, and such good quality would definitely be a sure win. At that time, my parents scraped together hundreds of thousands of yuan from relatives to pay a down payment of more than 1.8 million yuan. After buying this house, the couple thought that they were now in their prime and their lives had reached their peak. Seeing that many of the children of the neighbors in the community were studying in international schools, they were not to be outdone and sent their children to international schools. The environment has been bad in the past two years. The housing prices in the community have been falling. In addition, the performance of my husband's company is not good. He has been cutting his salary. He can't hold on any longer and has to stop paying the mortgage. So he hurriedly prepared to sell the house. As a result, he went to the agency to find out that the down payment of the house has been lost and the interest paid in the past few years has been lost. They are very unwilling to accept it, but they don't want to stop paying the mortgage. Now they have taken the children back to ordinary schools. The man is now working as a food deliveryman to buy the house. Now everyone in the family is doing their best to maintain the monthly mortgage of the house. They lament that they have to stick to this kind of life for 30 years. They don't know when it will end. They don't know how many people are living like this now. $ETH