Faced with this situation, banks are trying hard to communicate with people and find ways to solve the problem. They would rather let them suspend loans for two years than go through court auction!

Because there are too many houses being auctioned now, the prices can’t be high, and even if they are sold, they can’t make up for the bank’s losses. House prices have been falling, and many people have lost so much that they can only cry. Their down payment is gone, and their savings are gone. What’s worse is that some people have lost their houses and are in debt, and they basically can’t get back on their feet!!!

Especially for those who bought houses in 2017, the current prices have fallen below the original prices! Those who are in a hurry to sell their houses can only lower the prices. Once the sale is completed, the prices of the entire community will be lowered. People in the same community who bought their houses in 2020 and ask about the prices now may be so angry that they jump with anger when they know the current transaction prices! ! ! !