从贷款买房到贷款卖房？部分高位购房者陷“房贷倒挂”，寻求补缺口

Core Insights - The article highlights the financial distress faced by homeowners who purchased properties at high leverage during the peak of the real estate market in 2021, now struggling with negative equity as property values decline [2][3][5]. Group 1: Market Conditions - Homeowners like Zheng Hao are experiencing a situation where the sale price of their properties is insufficient to cover outstanding bank loans, leading to significant financial losses [2][5]. - The real estate market has seen a notable downturn, with properties that were once valued at high prices now significantly depreciated, affecting many investors who entered the market during the peak [3][4]. Group 2: Financial Strategies and Risks - Homeowners are exploring various strategies to manage their financial burdens, including borrowing from friends or seeking bridge loans, but these options come with high costs and risks [7]. - Some homeowners are considering applying for loan repayment pauses, but face strict approval processes and uncertainty [7][8]. Group 3: Institutional Responses and Recommendations - Experts suggest that there is a need for improved risk-sharing mechanisms in the housing market to protect both homeowners and financial institutions [2][9]. - The article discusses the potential benefits of adopting a "non-recourse loan" system similar to that in the U.S., which could alleviate some of the financial pressures on homeowners [9][10].