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Buying a Country Garden Apartment in Jurong, Jiangsu for 1.2 Million Yuan, with a 9-Year Mortgage, the Final Price Was only 280,000 Yuan

Summary by 大纪元 Epoch Times
How bad are housing prices in China? A netizen in Nanjing posted that his friend bought a house in Country Garden in Jurong City for 1.2 million yuan in 2017. After paying off the loan for 9 years, the latest transaction price given by the real estate agent was only 280,000 yuan.
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大纪元 Epoch Times大纪元 Epoch Times

Buying a Country Garden Apartment in Jurong, Jiangsu for 1.2 Million Yuan, with a 9-Year Mortgage, the Final Price Was only 280,000 Yuan

How bad are housing prices in China? A netizen in Nanjing posted that his friend bought a house in Country Garden in Jurong City for 1.2 million yuan in 2017. After paying off the loan for 9 years, the latest transaction price given by the real estate agent was only 280,000 yuan.

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大纪元 Epoch Times broke the news in on Monday, April 6, 2026.
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