Former finance worker Lei Xiaoyu, among many in China, faces mounting debt and foreclosure threats on her home due to a property crisis and economic fragility. The number of foreclosed homes surged by 43% in 2023, with over 50,000 units foreclosed in January alone. Rising mortgage defaults could dampen property prices and consumer confidence, impacting China’s efforts to stabilize its economy. Lei, struggling to make ends meet, reflects the plight of many, highlighting the challenges posed by excessive property investment and economic downturns.