It's really desperate! I have a colleague who bought a house in Evergrande Yulongtai five years ago, and the price per square meter was 8800 yuan at that time. He bought a 28-story house, but the building ended up to 15 floors. He now has to pay nearly 5,800 yuan a month, and now the family of three has to rent a house. He is now really desperate and wants to cut off the house.
I suggested that he go to the lending bank and negotiate a loan suspension instead of cutting off the supply directly. The length of the loan suspension depends entirely on the outcome of your negotiation. If the bank is only willing to stop for one year, you can tell them, if you don't agree to stop the loan, then I can only choose to cut off the supply. This may put some pressure on them to think about it.
The best outcome is when the property can be handed over and when the loan repayment begins. This minimizes the burden on homebuyers. Of course, banks don't necessarily agree to these conditions easily. But there is no way, who let the real estate rot?
My colleague really wants to cry now! The pressure on his monthly payment is too great. And the family of three still has to rent a house, which really makes people feel too helpless. I hope that the bank can give a reply as soon as possible, and also hope that the real estate can resume work and delivery as soon as possible, so that colleagues can get rid of the dilemma caused by this rotten real estate as soon as possible.
