Sou Hu Cai Jing·2026-02-07 08:18Core Viewpoint - The article highlights the significant decline in property prices in a specific area, particularly focusing on a property in a community developed by Country Garden, illustrating the shift from a once-desirable investment to a financial burden for homeowners [9][10]. Group 1: Property Market Dynamics - The property in question, a 134 square meter unit, is now priced at 3200 yuan per square meter, totaling 430,000 yuan, reflecting a drastic drop from peak prices of 7,000 to 8,000 yuan per square meter [8][9]. - The decline in property prices indicates a return to a more realistic market value, as the lack of new buyers has led to a correction in pricing [10]. Group 2: Historical Context and Buyer Sentiment - Historically, the area was a popular choice for residents of Xinghua, who sought better opportunities in Taizhou, leading to increased demand and higher property values [6][7]. - The narrative of homeownership has shifted from an asset to a psychological burden, as many homeowners now face the reality that their properties may not appreciate as previously expected [9][12]. Group 3: Community Impact - The decline in property values has affected the collective memory of the community, with many residents reflecting on their experiences of marriage, homeownership, and the realization that property values do not always rise [11][12]. - The article suggests that the ongoing changes in population movement and demand have contributed to a shrinking market, impacting the overall confidence in the real estate sector [9][10].