中国地产市场从2021年至今已调整4年，2025年6月末，70个大中城市新建住宅价格、二手住宅价格同比分别下跌3.7%、6.1%，新房价格环比连续25个月 负增长，6月末二手住宅价格环比上涨的城市仅有西宁1个。 这是几名普通深圳人的售房经历。他们的房产买在2017年至2020年间，那正是楼市最后的高光阶段，他们身处其中，很难不被烈火烹油的洪流裹挟。他们 选择回老家买房，最直接的原因是手中的首付款有限，当然，抱着回乡定居打算的人也占了多数。 他们从未在深圳拥有过房产，而那套位于老家、曾经寄托着他们对稳定的渴望和生活憧憬的房子，在他们亏损数十万出手时，都还是毛坯状态。 亏掉80万，解套老家房 今年8月份，在深圳生活的于襄，卖掉了位于武汉白沙洲片区的两居室。从2020年购入这套房产到今年最终出手，她前后去过白沙洲片区三次，房子卖出 时还是毛坯状态，算上房贷利息、税费、物业费等支出，她在这套房产上的亏损接近80万元。整个卖房过程持续了3个多月，从挂牌到成交，也是于襄一 步步降低心理预期的过程，"真正体验了什么叫买方市场"。 今年上半年，于襄在是否"割肉"的问题上摇摆不定，不少个夜晚她被折磨得失眠。做决策实在困难，五一 ...

本文来自微信公众号： 深圳微时光 ，作者：黄小邪，题图来自： 深圳微时光 以下文章来源于深圳微时光 ，作者黄小邪 深圳微时光 . 寻找深圳的每一寸惊喜。 中国地产市场从2021年至今已调整4年，2025年6月末，70个大中城市新建住宅价格、二手住宅价格 同比分别下跌3.7%、6.1%，新房价格环比连续25个月负增长，6月末二手住宅价格环比上涨的城市仅 有西宁1个。 这是几名普通深圳人的售房经历。他们的房产买在2017年至2020年间，那正是楼市最后的高光阶 段，他们身处其中，很难不被烈火烹油的洪流裹挟。他们选择回老家买房，最直接的原因是手中的首 付款有限，当然，抱着回乡定居打算的人也占了多数。 他们从未在深圳拥有过房产，而那套位于老家、曾经寄托着他们对稳定的渴望和生活憧憬的房子，在 他们亏损数十万出手时，都还是毛坯状态。 亏掉80万，解套老家房 今年8月份，在深圳生活的于襄，卖掉了位于武汉白沙洲片区的两居室。从2020年购入这套房产到今 年最终出手，她前后去过白沙洲片区三次，房子卖出时还是毛坯状态，算上房贷利息、税费、物业费 等支出，她在这套房产上的亏损接近80万元。整个卖房过程持续了3个多月，从挂牌到成交， ...

Core Insights - The article highlights the severe imbalance in the real estate market in Linzhou, a county-level city in China, where over 1 million housing units have been built for a population of approximately 330,000, indicating a supply far exceeding actual demand [1][2][3] Group 1: Market Dynamics - Linzhou's housing supply has reached nearly 7 times the estimated reasonable demand, with over 650,000 units completed as of March 2025, leading to a significant oversupply crisis [2][4] - The influx of 27 developers investing a total of 83.7 billion yuan in Linzhou from 2020 to 2025 reflects a speculative frenzy that has now turned into a precarious situation as market expectations shift [3][4] - The average price of second-hand homes in Linzhou has plummeted to 2,000 yuan per square meter, a nearly 70% decrease from its peak in 2018, indicating a drastic market correction [3][4] Group 2: Economic Implications - The reliance on land finance has led to 42% of Linzhou's total fiscal revenue coming from land sales between 2017 and 2022, significantly higher than the national average, which has fueled excessive real estate development [4][6] - The estimated value of idle housing resources in Linzhou exceeds 45 billion yuan, representing a substantial waste of resources that could have been better utilized in the local economy [8][9] - The decline in housing prices has resulted in many homeowners facing negative equity, with some unable to meet mortgage payments, highlighting the financial strain on residents [9][10] Group 3: Policy Responses and Future Outlook - In response to the crisis, the Linzhou government has initiated measures to halt new residential land supply and control new housing approvals, aiming to stabilize the market [11][12] - The article emphasizes the need for a shift in the real estate market towards a focus on housing as a necessity rather than a speculative asset, advocating for supply-side reforms and improved housing market systems [12][17] - The situation in Linzhou serves as a cautionary tale for other regions, underscoring the importance of adhering to economic principles and avoiding blind expansion in real estate development [15][19]