![]() Look at how they turned out now, and how it has destroyed my family," said home buyer Qi Xiaoxia, 65. Since the property debt crisis began in 2021, thousands of homeowners have faced similar situations nationwide as smaller developers face liquidity issues and industry giants like Country Garden narrowly avoided default. I'm already 60, after a few years I won't be able to climb so many stairs," said a resident and former coal miner surnamed Gao who paid 240,000 yuan for a flat in 2018. In the communal living area, the phrases "strength in numbers" and "live in a new home soon" are scrawled on the windows. Residents cook in a first-floor communal kitchen with a single gas burner, and the communal toilet is in a makeshift metal shed. Inside, solar-powered lamps illuminate bare concrete walls and floors caked with layers of dust and gravel. To enter the complex, residents pick their way through an overgrown field, past abandoned construction machinery to a hole in the wall. Many of Shi's neighbours are retirees who had bought apartments for their unmarried sons, or labourers who cannot afford to rent elsewhere. Tongchuan city government and China's housing ministry did not immediately respond to a request for comment. The developer could not be contacted for comment. When Reuters visited earlier this week, around 60 home buyers gathered on site to protest government inaction, holding up their housing contracts while shouting: "We want our homes!"
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