<prompt> Human: My girlfriend and I bought our first home in May, when the prices in our area was on top Norway. Since then, the priceshas fallen about 8 and it looks like they will continue falling.I am scared as hell about this. I feel bad and helpless. currently seeing a psychologistWe bought it for 425k USD and the price today would probably be around 395k USDOf course I cant see the future, but this situation have made me really unsure of what to do. I guess we have two options.1. Sell with loss, get a loan for whatever the loss we get, pay it back while we rent a cheap apartment2. Continue to live there and hope for things to go wellMy biggest concern is that the prices go down for years and well get stuck there.Since the plan was to live there for a couple of years I want to know if alternative 1 is smart, since we can get about 25 off the loss in tax cut if we sell within a year.We have to add up the costs of selling too, about 10k usd for a real estate broker. We also get 25 tax cut of this amount.Today we are paying 2500 usd loan, rates, electricity, water, insurance, everything. We can rent a smaller apartment for 1500 usd.The next home purchase will be at a place where we can plan to live forever. Lesson learned, if we ever get that second chance.  <response>: Why did you buy a house that you dont even want to live in?If you do want to live in it, then why are you worried about the resale value?It sounds like you are buying this house for speculative reasons and thats a terrible idea. If you buy houses for speculative reasons then you need to stop and never do it again.Outside of buying a house for all the wrong reasons most likely, what even is the problem? Why can you not just live there at the payments you agreed to? 