Core Insights - The article highlights the struggles of homeowners in major cities who are unable to sell their properties for enough to cover outstanding mortgage loans, leading to a growing trend of "unable to sell" situations [1][8]. Group 1: Homeowners' Financial Struggles - Homeowners like Yang Qing and Wang Bin are facing significant financial distress as the sale price of their properties is insufficient to cover remaining mortgage balances, resulting in potential losses of hundreds of thousands [1][5]. - Yang Qing's property, purchased for nearly 400 million, is now valued at around 220 million, leaving her with a shortfall of over 100,000 to cover the mortgage [2][3]. - Wang Bin's property, originally bought for over 200 million, is now estimated to sell for only about 100 million, with a remaining mortgage of 120 million, indicating a severe depreciation in property value [4][5]. Group 2: Impact of Economic Conditions - The article notes that many homeowners who bought properties between 2018 and 2021 are now experiencing a dual challenge of high property prices and rising mortgage rates, making it difficult to manage monthly payments [8]. - The economic downturn has led to job losses and reduced incomes, further exacerbating the inability to meet mortgage obligations, as seen in Yang Qing's case where her husband lost his job [3][8]. - The trend of homeowners unable to sell their properties is increasing, with reports of individuals resorting to borrowing money to cover mortgage payments, which is not a sustainable solution [8][9]. Group 3: Selling Strategies and Market Dynamics - Some homeowners, like Ma Yan, have opted to sell their properties despite incurring losses, as the financial burden of mortgage payments became unsustainable [6][7]. - The article discusses the role of real estate agents in advising homeowners to sell quickly to avoid further losses, with some properties expected to depreciate even more in the near future [5][8]. - There are emerging services aimed at helping homeowners manage their mortgage payments through loans, but many homeowners do not qualify for these options, leaving them with limited choices [8][9].

Core Viewpoint - The article highlights the increasing difficulty homeowners face in selling properties due to the inability of sale proceeds to cover outstanding mortgage payments, leading to a situation where many owners find themselves unable to sell their homes [1][3][15]. Group 1: Individual Cases - Yang Qing, who purchased a 60-square-meter apartment for nearly 400 million yuan in 2019, now faces a situation where the expected sale price of 220 million yuan is insufficient to cover her remaining mortgage of over 230 million yuan, requiring her to find additional funds to complete the sale [2][5]. - Wang Bin, who bought a 97-square-meter apartment for approximately 240 million yuan, discovered that the current market value is only around 100 million yuan, leaving him with a remaining mortgage of 120 million yuan and needing to invest an additional 20 million yuan to sell [8][9]. - Ma Yan successfully sold her property but had to borrow 20 million yuan to cover the remaining mortgage balance of nearly 90 million yuan after selling the house for about 80 million yuan, incurring a loss of nearly 60 million yuan [11][13]. Group 2: Market Trends - The article notes a trend where many homeowners who purchased properties between 2018 and 2021 are now experiencing both asset depreciation and increased difficulty in meeting mortgage payments, leading to a rise in the number of individuals unable to sell their homes [15][16]. - The article mentions that homeowners are increasingly considering selling their properties as a means to avoid defaulting on their mortgages, with some opting for strategies like "断供保房" (defaulting to protect the property) as a last resort [16][17]. Group 3: Financial Implications - The financial burden of mortgage payments has become unsustainable for many families, with some homeowners reporting that mortgage payments consume a significant portion of their income, leaving little for other expenses [6][12]. - The article discusses the challenges faced by homeowners in securing loans to cover mortgage payments, as many do not meet the requirements for additional borrowing, further complicating their financial situations [16][17].