Here's a good video/poem I found of a Chinese girl who got brainwashed by the mortgage industry to buy an overpriced home, enslave herself. She is one of the people who bought at the peak and now is in negative equity.

It's not completely her fault. The mortgage industry preys on the world by using our own money in the banks, to run this global ponzi scheme and enslave and bankrupt everyone.

Pan's House Poor Life:

"It's 3:00 a.m. again I've lost count of how many nights I've spent completely awake

The moment I close my eyes. The mortgage crashes my chest like a joint stone making it hard to breathe

I'm 35 this year at an age when life is supposed to be stable

I feel like a numb, empty shell in this empty apartment. I am the one changing light bulbs and fixing pipes. Even with a 39C fever. I still have to crawl out of bed, just to boil water and take medicine

I don't even dare to think about giving up because the debt behind me is still unpaid. sometimes, I just sit alone on the grass outside staring at this bustling world in a daze. I often wonder:

what was the point of my last 10 years of my youth.

After graduation from 2015 to 2021. I lived a miserable frugal life for 5 years just to save for a down payment, no dining with friends, only buying clearance clothes, wearing shoes until the souls completely wore through.

I kept telling myself: just hold on a little longer. You've almost saved enough. you'll have a home soon. In 2021 at the absolute craziest peak of the housing market. I emptied all my savings to buy the second-hand apartment. From 2021 to now until I need 2026. It has been another 5 long years.

Ironically, the first five years of frugality were to buy home, wild the last five years have been purely to survive the mortgage. after years of struggling, life is nothing like what I once hoped for.

I bought a second-hand apartment full of laws. The walls were cracked and peeling in big junks. I had to patch up all these issues with my own hands looking at my dust-covered hands and broken walls. I sometimes drift into a daze:

Did I really exhaust all my youth just to end up with a broken home like this? I didn't have prior-experience. I thought rolling the wall a few times would work but the wall ended up bumpy so I bought a line plaster to smooth it out. now, property values have crashed by half. The remaining mortgage is vastly higher than the apartments actual value but a bottomless pit of debt. I spent 10 years not buying an asset. I used to live frugal because I had hope.

Now, I even paint the front door myself just to survive miserably under this endless loan. I'm used to going out of my way to shop at remote shabby-looking markets. seeing myself heckling over pennies breaks my heart. Nothing turned out as I expected. Many people asked me:

Why is a 35-year-old single girl so obsessed with buying an apartment completely alone? why not get married? why choose to suffer so much just to have a corner of my own here?

Maybe it's because behind my own choice there are secrets I've never shared with anyone. These stories... I will slowly tell you about them in my future videos. If you happen to scroll to this point could you leave an encouraging comment? help me see a tiny glimmer of light in this unbearable night. May all of us striving hard get through tough days. Thank you for watching."

https://youtube.com/watch?v=HBcxsRmjQwU