I bought a 45-square-meter one-bedroom apartment in a school district in 2015 for 460,000 yuan. Besides living there for two years, I rented it out to others. Rent was 1,900-2,000 yuan. The second-hand highest selling price was 1,000,000 yuan (didn't close the deal; the next day I scheduled a meeting to sign the contract, but I was greedy and backed out. As a result, the price never went up again. I guess that family still thanks me to this day😥). I finally sold it for 780,000 yuan. Just checked the current situation. Rent is 1,400-1,600 yuan. Listing price for sale is 450,000-550,000 yuan (final transaction price is probably even less). I used to worry that I sold the house at a bad price, but now I think I’m really awesome!!! Picture: A fragile man lying on a bed with a 1.5-meter bed and an 1.8-meter mattress, having broken his leg. The man is still there, but the bed is gone.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Is the housing market really this bad now?!
I bought a 45-square-meter one-bedroom apartment in a school district in 2015 for 460,000 yuan.
Besides living there for two years, I rented it out to others.
Rent was 1,900-2,000 yuan.
The second-hand highest selling price was 1,000,000 yuan (didn't close the deal; the next day I scheduled a meeting to sign the contract, but I was greedy and backed out. As a result, the price never went up again. I guess that family still thanks me to this day😥).
I finally sold it for 780,000 yuan.
Just checked the current situation.
Rent is 1,400-1,600 yuan.
Listing price for sale is 450,000-550,000 yuan (final transaction price is probably even less).
I used to worry that I sold the house at a bad price, but now I think I’m really awesome!!!
Picture: A fragile man lying on a bed with a 1.5-meter bed and an 1.8-meter mattress, having broken his leg. The man is still there, but the bed is gone.