Core Viewpoint - The current real estate market in Ganzhou is facing significant challenges, with properties failing to sell or rent, reflecting a broader trend in the housing market of third and fourth-tier cities in China [1][11]. Market Conditions - A user shared their experience of purchasing a 138㎡ stairwell apartment in 2010 for over 700,000 yuan, only to find it valued at around 600,000 yuan after 15 years, indicating a depreciation in property value [2]. - The user attempted to rent the property at 1,600 yuan per month but had to lower the price to 1,200 yuan after two months without interest, highlighting a lack of demand for older stairwell apartments [2][4]. Price Trends - Many commenters noted that housing prices in third and fourth-tier cities are declining, with some areas reverting to prices seen a decade ago. There are reports of second-hand homes being difficult to sell, even at significant losses [4][5]. - Predictions suggest that prices may continue to fall, with some estimates indicating a potential drop to 300,000 yuan in six years, and a recovery could take 20-30 years [4]. Buyer Preferences - The younger generation shows a low willingness to buy homes, with demand shifting towards elevator apartments and new products, while older stairwell apartments struggle due to their lack of accessibility [4][7]. - Properties over 100 square meters and older homes face challenges in selling due to banks tightening loan approvals and a preference for smaller units among first-time buyers [5]. Market Segmentation - The real estate market is experiencing a clear divide, with high-quality properties in prime locations maintaining better value, while those in less desirable areas face significant selling pressure [7][11]. - The perception of real estate as a reliable investment has weakened, with some individuals humorously suggesting extreme measures like free demolition due to the lack of value retention [7]. Strategic Recommendations - Property owners are advised to accept that real estate is no longer a guaranteed investment and to adjust their selling and renting strategies accordingly to mitigate losses [13]. - Buyers should focus on their housing needs and financial capabilities rather than following market trends blindly, emphasizing the importance of rational decision-making in the current market [13].