Part 3/15:
In cities like Nanjing and Zong Shan, homeowners are desperate to offload their properties, often through social media pleas. Some have bought homes worth 2.8 million yen, but due to ongoing depreciation, are now willing to give them away. In Nanjing, an entire house falling apart is up for mortgage transfer, with monthly payments of approximately 9,000 yen, and no one willing to buy or even rent. The real estate market is saturated with distressed properties, and a significant proportion of these homes remain unsold—sometimes for years—highlighting the depth of the crisis.